Salt Lake Tribune | 1936-06-11 | Page 34

THE SALT LAKE TRIBUNE 34 It JUNE THURSDAY MORNING 1936 Stocks Jumbled at Close as Profit Taking Offsets Forward Move -- Stocks Bonds N Y Stock Analysts See Further Trend Averages Quotations On Down Side (Compiled by to 36 Indust Net change Wednesday 830 Previoua day 829 Montb ago 79 8 Year ago 597 1938 high 858 1036 low 734 1935 high 763 49 5 1935 low MOVEMENT IN 1932 low 175 1929 high 148 9 IV 27 low 01 B 10 UP)— Profit-takin- jumbled stock market prices Wednesday despite buying in scat- tered rail utility merchandise and tpecialty issues A dip in Tuesday's strong American Telephone hesitancy of the steels and a heavy tone displayed by the alcohol group helped to tether the list The news from the industrial front was mainly encouraging and the foreign sector was no more disturbing than recently but some analytical forces were not yet convinced that stocks have completed their downward correction after a rise of more than a year ' Matter of Argument The influence of the Republican Convention at Cleveland market-wis- e was a matter of argument between those of different political leanings The relatively heavy turnover in utility stocks brought the day's volume up to 1036665 shares the largest since May 27 last The Associated Press average of 60 issues ended with a net gain of 1 ef a nnint at 622 Constructive developments Includ ed the estimate of Iron Age that teel production this week was up tn 70 ner rent nf caDacitv not far from the year's peak U S Steel also reported May shipments aneaa of April which had been the best month since 1930 but the stock point to 1-- 2 61 Hundreds) Net Low ISaleaf High Cloael Chg Aaama fxpl Aaama Mil Air Reduc Alaaka J Alleghany Al C a D Al Ch MfK Am Bk N do Dfd Am Can Am C ft F Am C Alco Am ft F P do 56 Df Am Inter Am Loco Am M ft F Am P ft L do $6 Dfd Am R ft fits Am R Mill Am Sm ft R do pfd Am St F Am Bug R Am T ft T Am Tob B Am W Wk Am Wool do pfd low-pric- lipped In (Sales g 6-- 8 14 3 197 45 43 67 129 48 44 67 129 'k 36 7 30 53 170 WO4 21 4 74 28 124 Atlaa P pf Auburn A Avlat Corp — n— 18 26 16 06 Barnadall Beech N P Beld Hem Ben Avlat Ben Ind L Best ft Co Beth 8 5 pf Hlaw Knox Boeing A Bohn Alum Borden Bora: Warn Brlgge Mfg Hucy rne Budd MfK 8 U S Industrial Alcohol and Schenley were each 2 8 lower at 35 8 and 39 4 respectively American Telephone yielded 2 at 168 2 1-- after leading the market to higher ground Tuesday New York Bank Stocks NEW YORK Jun 10 UP)— Following-Irthe bid and aaked quotation! furnished by the New York security dealer on New York bank and trutt company stocks traded Wednesday on an over the counter baala: 16' Bid 113 40 30 60 116 43 86 B4 17 201 14 47 tr 19 296 154 49 33 Mi 35H INSURANCE Aetna Ina Bait Araer Carolina (Frank Fir Home Ina Catl Liberty Flra 85 Vi 9 29 V 32 63 8 28 30 344 36 91 60 M 47 10 m 20 17 31 10 14 7 164 75 23 Coml Solv Comw ft So! Congo Na Con Ed la Con Oil Con Text C Bak A do B Con Can C Oil Del Corn Prod do pfd MINNEAPOLIS June 10 (AP)— Flour1— Unchanged carload lota family patent cotton 40 ® 6 60 a barrel In (6acne anipmenia zuaot Pure bran —$1550 1600 3 WILL YOU RECEIVE JULY 1 — I) — Deere ft Co do pfd Del L ft W Det Ed D Corp Sea More than 1500 members will receive dividends July 1st at the on their savings rate of 4 Their accounts are permanently Insured up to $5000 by a government agency and they have always had convenient withdrawal You are entitled to privileges this better dividend rate on your savings Are you getting It? FEDERAL BUILDING & LOAN ASSOCIATION Hotel Utah Salt Lake City 2371 Washington Avenue Ogdea Int 78 29 78 11163 15 140 21 59 57 146 146 129 129 162 35 18 MacR H Magma Cop! Mandel Brol Man Shirt MkSIRpr pf1 Marah Field1 McCrorv St McK ft Rob do pfd Men eel Meata Men Pet Mld-Cn- n T :3 87 ft 50 50 27 27 48 46 30 30 at and SOLD -- 61 60 1 3$ 3 10 10 42V 89 29 12 13 46 26 45 m 110 IS 23 53 22 41 27 Z'llBS 83 83 65 Safew stra St Jo Lead St L Souwe Schen Distil scab Air pf Sear Roeb 8ec Nat In uervei Shattuc FG 32 32 23 26 33 16 27 1H 93 - 3 46 13 S6 2T - 20 U 22 22 21 107 3107 91 34 34 23 69 69 45 34 32 44 II 40 18 25 46' 16 5! 13 31 9 ll 43 21 1! 7 71 51 19 221 s U S U S 12 26 33 lb - do U 18 25 a -- 28 19 6 14 - 34 58 18 19- - Edward L Burton & Company 5a47 GenStlCaat 6a49 Goodrich 6 45 1 105 4 80 10 105 24 104 60 101 105 80 105 21 29 B 77 33 21103 103 11107 107 48 114 159 94 38 87 114 94 1 9 1 9 11 29 107 106 106 111 110 10 107 61102 3102 27107 51109 31109 281104 i liuo-- 11103 78l St L S P 4 do 4a 50 A St P MftM 5a 43 Ske lv Oil 4a Sou Pac oo- - 4 via 81 Ore do So Ry con 5s w Hell Tel 3 51 : a 1 T4 102ll02 106 106 109ll09 109 1109 105 103 T Tex Ft 8 5 Via 501 rex t oa cvt 44 Tex ft P 5s80 D 36 21 98 90 90 97 103 107 95 98 106 106 104 104 1104 102ll02ll02 1UO 1UO 1UO 102I102 114 1114 loi v nniu 1100 100 5 32 weat Pac f west U Te Westing Air 35tt OAS 68 87 87 V3 1IU 29 93 35V4 51108 71 11 1 51 23 15 3 7 ll06V4llOi 1107' 50 60 88 831 41 67 18 411 63 261 7l 80 88 -- 4 SJtlr? m - 1 FOREIGN BONDS (Sale In $1000) Abitibi PAP 5 53 301 47 51 10 Antlooula 7a45A 7'100 Arg 6a 61 Feb Australia 6a 55 6106 111101 00 4 Via 58 11107 Belgium 7s 56 Berl City El 6s 1955 21 26-5Brazil 26 55 Buen A 99 do A 2nd 6a 601 97 97 April do 6a 61 eta 67 68 Bulaarla 15 ID V4 14'108 108 Canada 4 ho 11 12 Ch a 7a 42 izvt 3! 20 Colomb 6 61 Jan 20 71 98 97 Copenhag 5a 52 53 1'100 100 Cuba 3 56 do sua 45 58 Denmark 5Va 65 910t 101 191 98 do 4 Via 69 98 7 101 "41101 Finland 8 56 French 9 160 160 4t Ger C Ae Bk 6a 11 28 28 1960 Oct Ger Gov Intl 5a I960 7a 51 Japan 0 Vi a 54 Italv 6a60 1108 i!105105105 7a 3 29i 93 35 18108!l07108 5a 39 42114 100 88 7a 16 10 1101 102ll02 47 ww 6a 6a Walgreen Walworth Ward Bk A Warn Plct 107 97 5s 5a 781 87 72 30 51106 151 4a Vanadium 5a 41 VaftSW con 5 58 W Wabaah rf SlA 7K Warn Broa 6a 39 Weat P 1 5a 48 weat un oa 51 do 50 do 5s 60 104 105 103 10R108 JB 77 19 108 8T 106U07 102I102 104 23 74 10I 96 41 81 301 23 74 95 80 ? 80 80 82 1 1 450 33 53 13-1- 6 13-1- 6 45 106 45 105 45 48 9 100 105 101 107 21 26 89 0 15 108 20 97 100 00 101 98 1(11 160 28 4 51 106 1 8 3 6 20 44 2 5 4 14 10 '8 2 61 550 21 83 72 20 83 72 72 16 15 16 35 23 34 22 1 6 2 6 2 6 2 5 4 34 22 7 7 73 13 24 57 41 Vi 72 36 8 6 8V1 6 1 14 84 3 80 3 83 10 10 108 83 97 10 18 10 1 108 10 4 4 20 83 4 4 4 4 Nat Invest Nat PAL pfd New Bradford Newmount Mln Nlag Hud Pow Nlag Sh Mr B Ohio Oil pfd P u at li 1 pia Penroad Pioneer Gold Pug Sd P 5 pfd Sail Cr Prod Selected Indus Shattuck Denn Sherwin Wma So Cal Ed Dfd St Oil Ohio Sunshine Mng 2 6 305 5 CAN 2 13-1- 6 15 proa 53 2 4 51 2 4 11 157 11 Ji Si 4 9 5 72 13 24 58 41 72 36 8 6 84 3 83 10 10 108 4 1 4 1 71 714 6 3 126 126 37 20 37 25 26 18 1 29 9 5 4S 2 1 5 17 i'J 5 4 Trans Lux 8 8 46 United Gaa 8 6 87 Un Lt A Pow A 1 29 29 U 8 Play Cd 1 1 1 Utah Apex Mln 65 2 66 u P ft L pid DOME8TIC BONDS (Sale In $1000) 191 84 83 Ala Pow 4 67 51 98 98 do 5a 56 31107 107 Alum Co 5a 52 11105 105 Alum Ltd 5 48 4!l08 108 A G ft E 5s 2028 41103 47 103 Am Rad 111104 104 Am Roll M 5s 48 631 61 60 As Elec 4 Via 53 31 92 92 Bald L 6a 38 w w 89 17 89 6a 38 xw 11115 115 Bell Tel C 5a 55 A 11104 104 70 C Dlat E 81 82 82 Cities Ser 5s 66 28l 78 78 Com Ed 4 57 D 107 6H07 4s 81 F 151105 105 65 H C O E L Ba 4a 81 311U7Vi 107 197 93 92Vi C G ft E 58 58 A 1 101 101 Crane Co 5a 40 87 92 E P ft L 5a 2030 91K 1 101 101 Falrb Mora 5a 42 51104 104 Fire Tire 5a 42 HLAP 108 41108 81 E 11 69V4 69 Vi Hy Fd 6s 49 A 61108 108 ldano pow os 47 24 99 99 IPftL 5a 56 C 11I100 99 Ind El 6a 47 51105 105 I P ft L 5s 57 A 91104 104 K O C 5a 47 104 L McN ft L 5a 42 2'104 21100 100 McCord R 6s 43 94 NPftL 5a 2030 B 811 94 22! 94 94 Nev Ca E 5a 56 161 71 N E O ft E 5a 50 70 4a 4a 4a 4a 4a 67 NYPftL NIPS 4 70 E Ok G ft E Sa 50 P P ft L 5a 55 P C A L 5 79 PGLftC 4a 81 B P El P 5 Via 72 P8NI11 4 Vis 81 Fl 5a T2 84 105 5 109 103 93 22 22l 6! 117 3-- 4 Associated 00 va 00 01 01 02 01 08 01 01 02 03 02 01 04 1-- 2 at 44 97 03 INDUSTRIALS 17 29 6 4V 8 6 29 65 83 98 107 105 108 103 104 60 Bid I Amalg Sugar pfd newlj 710 do common new 3 10 Utah Oil Refining 8 00 Utah Home Fire In 14500 Utah Southern Oil 1 50 Aaked I 7 3 8 1160 1$ 1 20 20 25 00 75 Amalg Sugar 7 37 Holly Sugar 6a L ft ogden 5a 1930 8 L Term 6a 1935 Hotel Utah 5 Via 1941 Utah-Idah- o Sugar 5 10400 10300 1000 4750 10400 10150 10500 104 00 1500 5100 10800 102 50 00 ill nt 10 15 01 09 01 00 03 147 01 00 01 13 00 5 70 00 $2 01 60 00 Qulncy North Lily North Standard Ohio (Topper 06 Park Bingham Park City Con Park King 01 20 00 01 04 3 35 00 Park Premier Park Utah '05 3 75 01 14 Metals and Money 40 12 Settlement prices at Utah amelter al reported by the American Smelting aa Lead 460c Refining company are: a 915c poundj copper pound 35 05 1075 47 01 01 01 01 07 01 02 02 38 NEW YORK June 10 — Bar — Steady and unchanged (AP) at 44 c 5 65 01 00 01 64 12 02 1 92 01 01 01 07 7e x5 90 mo 20c CURB SALES (AFTER 12 NOON) Chief Consolidated 1000 at $102 Halifax Tonopah 500 at Tintlc Lead 200 at 35c LONDON June 10 (AP) —Conn- erStandard pot 36 pounds 1 3d future 36 pound 7a 6d electrolytic a pot bid 40 pound 7a 6d aaked 40 pound 10 Tin — Spot 183 pound 10a future 181 15s pound Lead —Spot 15 pounds 6 3d future 15 8a Ort pound zinc — uncnanged Money and dlacount rate — Unchanged NEW YORK June 10 (AP) — Forelen exchange— Steady Great Britain tn dollars other In cents: Great Britain — Demand R 01 U : vahlra y bills 500 501 France — Demand e58 cablea 658 cable 787 787 Italy— Demand 1 6 90 Vfa : Grmanv Demanda: Bela-iufree 40 26 registered 21 75 reglatered travel 2450 Holland 6759 Norway 25 20 Sweden 25 86 Denmark 2240 Finland 221 Switzerland 3235' Spain 13 64 94 Greece 456 Portugal Poland 1885 Cxecho-Slovak4 14: Ju- olavla 230 Austria 1875n Hungary 9 85: Rumania 76: Argentine 3V4Sn: Braill 861n Toklo 2940: Shanghai Hon Ikon ir 12 37VA- Mavlro City 2785 Montreal In New York 9975: New York In Montreal 10025 8c Bid NEW YORK Jllna 10 (API — Tjiarf mil closed quiet no aalea NEW YORK June 10 (AP) — dnnni— Quiet electrolytic apot and future 850 07 export 9 Tin — Barely ateady apot and near-b42 12(6)42 25: future 059 Boston Stock List Aaked 16500 2 85 "325' 920 82 00 LONDON June 10 (AP) — Bar iltver— Steady and unchanged at (sterling price equivalent to 4489c) to 138 Bar gold — Declined to (sterling price equivalent $3480) 19d 54 50 52 50 iron — Quiet unchanged 4175(4187 Lead —Steadv: soot New York a An da 465 —Eaat Bt Louis 445 Zinc Dull: East St Louis itwt and fu ture 4 90 Aluminum— 1900 W 2200 Antimony — Spot 1350 ' 6850 6800 3012: zinc future Unlisted Industrials Amalea Suaar 119000 Con Wagon ft it'a 285 Utah Flra Clav 5600 utah-idan- o 3 15 sugar com do pfd (new) 900 60 50 Utah P ft L $6 pfd ilv NEW YORK June 10 —Call montf — Steady 1 per cent all (AP) day Prime commercial paper — cent Time loans — Steady 60 days-- 6 pr month 1 per cent — Banker' acceptances Unchanged Rediscount rate — New York Reeervr bank 1 per cent 100 Chief Consolidated 200 at 99c SO at 9 Re 100 at $100 Clayton silver 300 at 38c 100 at 36c Empire Mlnea 1000 at 3c Eureka Bullion 1000 at 20c Eureka Mlnea 987 at 2Vc toon at 2 lie 2000 at 3c uurexa standard 100 at sec 300 at do $7 pfd Z C M I SALES (Trading 8 L Stock Exchange) Dfd 1 at S19000 Suarar Amalgamated Con Wagon ft Machine 100 at $275 36 3d 8d the aalea high low and closing price of stock traded Wedneaday on the Boston atock exchange: Montreal Silver 115 at Utah-Idahzduo 104 MONTREAL June 10 ( AP) — Silver fuISaleal High Low Close Sugar common 60 at S3 15 82 Power ft Light $8 pfd 6 at $6100 tures closed ateady unchanged to 30 lower Utah 78V4 Boston A Alb 79'133I1321132 Utah Power ft Light $7 pfd 12 at No sales Closing blda: July 4480 Sep- Boston Elev 67 68 25 68 107 icember tember 44 90 4500 $8800 7 7 75 7 105 Copper Rang East G ft F 2501 6 6 6 107 111 Elec 157 159 159 159 92 'M Edlaon 23 279 23 23 101 Employers Group 50! 38 38 38 lien 92 New Eng T ft T 135! 125 125 125 101 North Butte 33 2111 35 30 104 37 22 21 106 "4 Old Colony R R 92 89 69 108 99 100 105 104 104 100 94 94 70 84 105 95 109 103 5a Qulncy Shawmut Assn Torrlngton Unit Sho Mach Warren Total Boston 18392 shares 1 11 98 420 88 9 130 atock sale 533 We are actively buying and selling lh" HH 97 87 8 87 8 Wedneaday 6a CONTINENTAL Amalgamated Sugar Investing Companies June 10 (AP) — New York Security Dealers' association: NEW YORK Bid Bullook Fund Can Inv Fund Corporate Trust 00 A A $1750 do A A mod Dividend Shrs Fund Investors Inc Fund Tr Shr A do B Maryland Fund Nation Wide Sea do vtc Quarterly Inc Shr Stand Utll Inc 8uper of Am Tr D U S Eleo L ft Pow A do B do vtc Aaked I 410 270 261 326 160 2173 596 566 18 lS 425 173 154 103 6 95 1850 289 110 $19 00 New $ 0 Par 5 Preferred : Common Bid Aiked $700 $725 $310 $320 450 173 863 2383 1961 435 187 170 111 l)RE PETT fr MORRIS STOCKS Lot Angelas COMMODITIES Sail Lake BONDS Idaho Fallt 1900 299 118 Air Transport industry A y CONCISE DISCUSSION of the domestic Air Transport Industry with digests of four principal companies also the June issue of Monthly Stock Digest giving partial statistical description of important common stocks listed on the New York Stock and Curb Exchanges Copim of iheit rtporU published by Monthly Stock Digeit Service available on request Wall Street Briefs M nt 25 BONDS Rubber t UB Copper nt 3-- 01 Park City Consolidated 10000 at Tintlc Lead 100 at 35c Tintlc Standard 30 at $560 Walker 200 at $187 Salt Lake Curb 1202713500 Tuesday bank debit Same day laat year 164104200 Wednesday bank clearing 255017355 sam day last year 1U2728H4 23 off 02 Mountain View Nalldrlver New Premier $1 Clayton Silver opened at 38 cents and dropped to 36 a half-ceEureka Mines opened at 2 4 cents off a quarter-cen- t but recovered to 3 Eureka Bullion dropped a half-ceto 20 and Bingham Metals a half-ceto 7 2 Mountain City Copper sold unchanged at $575 Mammoth at $150 Tintic Lead at 35 cents and Moscow at 1 cent Park City Consolidated' was under heavy accumulation at 20 cents unchanged 10000 shares trading at that price Unlisted Industrials were unusualUtah Power and Light ly active issues were unchanged the $7 preferred at $66 and the $6 preferred at $61 Consolidated Wagon and Machine declined to $275 off 3 2 cents An odd lot of Amalgamated Sugar preferred sold at $190 and an odd lot of Utah-Idah- o Su vinrTxt7iiiinuii'"Bl id 10 20 48 h cents Eureka Standard to 1-- 2 nt 02 h d up 2 cents and Empire Mines to 3 cents up a quarter-ce- 1-- 2 L Bank Clearings 74 95 80 7 25 02 Miller Hill Miner Gold Missouri Monarch New issues Chief Consolidated recovered to $1 up 4 cents and closed strong at $1 bid In curb trading during the afternoon Chief equaled its previous high for the year 1000 shares selling at $102 2 Walker rallied to $187 2 up medium-price- 100 35 Keystone LehJ Tintlo Leonora Little May Magnolia Lead Mammoth Moscow Mt City ed 41 Investment advanced $100 Kennebec 300 oat 17c 100 at $150 Transfers approximated 253000 Mammoth Moacow 1000 at lc shares compared with 229000 Tues Mountain Cltv Coomr 45 at at S575 day North Lily 15 at 60c 1 25 93 49 PEPAL 84 84 4Vi 50 D 107 107 Safe H W 4 Vis 79 108 108 SEPAL 6 Z02S A 2108 104 105 60 11 100 8 Cal 3 2 79 79 8 G A E 6a 35 cvt 79 S P ft L 8a 57 73 00 74 73 11108 108 108 TPftL 6a 2022 A Tol Ed 562 4106 106I106 81103 103 U 8 Rub 6 Via 39 103 31100 100 100 UPftL 68 2022 A 11 99 99 4a 44 99 11107 107 107 Waah G Lt 5 58 51108 Waah W P 5a 60 06 106 FOREIGN BONDS (Sale In $1000) BAP 7M 47 tp 78 47 Ger C Bant Chile 7 49 Total atock tales Wedneaday 253000 shares: year ago 245635 shares total bond aalea Wedneaday 83000000 year ago xo017uuu S at 5-- 8 3Vi 6 126 37 106I106 102 Vi 1102 104I104 91106 11102 51104 Z3 80 101105 4 95 101109 21103 7 93 1111 80 11107 Industrials were generally steady Gulf Oil gained 1 4 at 77 Amer ican Manufacturing moved up 1 8 and Pittsburgh Plate Glass gained 7 NEW YORK June 10 (AP)— Crude rubdo ber futures closed quiet 2 to 4 lower Julv Kreutrer ATS Zonlt Prod 6 1573b 51 37 1583: December September 3614 37 1959 ct 15 93b Total aalea Wedneaday 1036665 previ N 80 Wale 5a 57 10 103I102 102 Smoked ribbed spot 15 75n ous uy niniai weeK ago 03aiuu yi 12 102 101 Norway 5a 63 bBId: nNomlnal two year ago 68201 Nor Hvd El ago 1293120 931102 102 1957 102 January 1 to date 249023559: year ag Panama 5 63 A 110425413 two year ago 206622 sl 65 ata aad 65 "There b hardly anything In the 101 14 Peru 7 59 14 201 72 world that lome man cannot 89 Poland 8a 50 Rio de Jan 6 Via make a little worae and tell a 1 15 15 15 1953 63 83 63 NEW YORK June 10 (AP— Textile Rome 8 Vis 52 little cheaper and the people mill activity during the first four month Sao Paulo St 7 who coniider price only are thl 88 88 88 1940 of 1H3 report "Textl e World" waa 74 75 74 man' lawful prey" proximately 11 per cent over the Ilk Tokyo City 5s81 78 78 78 period of 1935 and about 7 Der cent above Tokyo El Lt 6s 53 —John Raskin Un Htl wk "normal" as repreaented bv the elght-vea- r 28 28 28 1951 A average ihj4-iuj- i Excepting aimo an tne Uniauav 48 48 6a 48 64 cotton fibers Improved Conaumptlon 79 79 79 waa about 13 per cent over 1935 wool loKonama na ni gained 4 per rent and rayon 18 par cent sales Total pre $1095200: Wednesday aim oecunea is per cent vious dav $10537000: week ago $11363 AGENCY COMPANY aso $14481000: two year 000 year Tranacontlnental and Western Air Inc aao 815255000: Januarv 1 to date $1- Insurance of All Kind reports that 8772 paaaengera were carried 641030000: year ago SI 519146000 two during Klav againat b7H3 in May iutr yeara ago $1914160000 PUR CELL Prealdent PHIL airmail poundage 170523 against 127 344: air exnreas 20883 pounds again Boston Wu Ml of Building the Finistere Quiruper capital five months For the first 1796! paa is one of the oldest cities in Brit- aengera imaien mozw against iiunn yeara ago and airmail poundage wu 817 avu agauui obioo 41 91 00 Kennebec Michigan-Uta- Rallies by Walker Chief Consoli dated and Eureka Standard fea tured Wednesday's session on the Salt Lake Stock exchange Trading was fairly active with interest cenand tering in the high-pric- 08 07 Indian Queen Iron King Kentucky-Uta- 01 "!66 pioche Bristol Plumbic Mine 10 Plutn 36 Prince Con 10 NEW YORK June 10 £)—Early Provo 30 04 Argentineinterest in utility stocks on the Rico Silver King Coal 1025 curb market Wednesday waned late Silver King Weat 44 Shield 00 in the session although those and Silver Silver Standard 00 00 the majority of other shares closed Sioux Mlnea South Iron Bloi 00 higher South Standard 05 00 United Gas preferred advanced Swansea Con 01 Bahy 4 to 107 2 Electric Bond & Tar Tintlc Central 00 Lead 33 Share 5 per cent preferred gained Tintlo Standard 5 50 2 to 72 2 Indianapolis Power & Tintie Union Associated 00 Chief Light preferred improved 3 5-- 8 to Union Utah Con 01 95 and Electric Power & Light sec- Utah Metal ft Tun 55 Con Oil 10 ond preferred "A" spurted 2 to 58 Utah-Wv- o Victor Con 01 Utility common stocks closed frac Walker Mining 187 West Toledo 00 tionally mixed to lower Wllbert 00 Con 01 Mining shares were steady with Yanke 06 Bunker Hill & Sullivan up 2 2 Zuma at 80 2 and Newmont up 1 2 at SALES 83 making the best headway Blneham Metala 1500 at 1 Technicolor Teck Hugh O 18 111103 Youn 106I106 111 lllVi 110!110 68 4a - 87 28 107 106 101104 94 PL 114 94 87 29 107 106 30 411108 81 38 Lehigh Mount 103 32 107 32 71 1964 Studebaker 6a cvt 1945 Swift ft Co 3 Utll do oa 59 8 105 87 Pac 67 do lat 4a 47 do 4a 68 Unit Drug 5s 53 Ut L ft T 5a 44 1't Pari 5s 44 - 19l- 112 105 McK A R 50 mo rac oa 77 t Mon Pw rfg 5a 43 81 4 84 1 2 2 1 13 S 25 Hud B M 58 Humble Oil Ill P A L 86 pfd 150 41 50 72 Ina Co N Am 1 38 Internat Pet 92 80 84 112 16 37 21 2 2 17 525 Electric Share Equity Corp Excello A ft T Fisk Rubber Fllntkote Ford M Can A Ford M Ltd 74 107 136 4 12 4 1 Cord Corp ei Bond ft snare do pfd 6 do pfd 5a 92 80 1 112 10 105 Un -- 73 135 12 62 1 105 80 Vi 105 104 Ooldfleld Con Hecla Mln 100 107 61 4a 4a 80l " 80l-13i U 8 Steel do Dfd Ulll PftLtA 8Tl Rad 79 78 4li Rubberl 1 nM Woolworth Wright Aer wrlgley Jr Yell T A C 78 78 4a 8 8m R no Df(1 Weat V A M White Motorl WhRkM Spl wn new m Wilson A C 25 79 67 78 H- Leath A Re ft ll Weaa 8 101 - 45l- 2241 69- 251 4 u do 19Vj 39 22 22 21 46 29 unit Rliruli Unit Carbon unit Corp Unit Drug Unit Fruit Un Gaa Im U B GvDam v a in Al Erie rf 5a 67 do rf 5a 75 41 30! 15! 18 T— 21 27 117 33 15 12 53 3 Cities Service do pfd Claude Neon Lta Colt Pat F Col O A E pfd Com A So war Con Cop Mine 6 35 38 21 35 2 Others on the plus side fractions or better Included Chesapeake CorCe poration 5s Pennsylvania-Dixi- e ment 6s Southern Railway 4s Inter national Paper 6s and Abitibi Power 5s Loans of Warner Brothers Pic tures New York Central and American & Foreign Power were among inose closing a little lower Most of Curb List Advances 30 35 18 38 6 21 42 10 Bllsa E W Brill B Bunk Hill ft 8 Cen 8t El 8 104 100 t ci Atlaa Corp do pfd A do war 93 128 116 21 4a 101 B 109 r - 22 13 17 119 do nfrl Un Bag ft P Vn Carbide un Oil Cal Un Pacific U Air L vtci U Alrcr Corl 87 96) 2 am u 6 6 7 m Llgth ft T Am Sup Power 99-- 15 4a 35 '21 A 104 93 44 (AP) — Following on 8TOCKS (Sale in Hundreds) C P ft L Am Cyan B 33 5s NEW YORK June" 10 a list oi wedntMay' 104 104 'A 33 16 477E 793 Curb Dealing In New York 1U0 103 106 104 TftR 5a 57 Nor Nickel Plate 5 l-164 up 1 3-- 4 at 84 167 up 1 New Haven collateral 6s at 37 up 1 and Missouri-Kansas-Tex- as 771 adjustment 5s at 61 up 2 218 188 Asked I 00 l-- transaction ma new xorx euro exenange: 113 With Bid l-- a 104 85 Alta Tunnel Am Metal Mln Co Beaver Gold Cop Big Hill NEW YORK June 10 W-buying activities on a more selecBingham Metal tive plane rail lines continued to Black Metal stand forth as the favored group In Bonansa Mining Silver Bristol Wednesday's bond market Bullion In spite of some uneven spots in Cardiff Talisman the list the rail industrial and util Cedar Central Standard ity groups showed slight gains on Chief ConSliver the jbasis of the Associated Press Clayton Colorado Con Rexall avenges Volume was the best in Columbus Metal about a week at $10952000 par Combined Crescent Eagle value against $10537000 Tuesday Croff Chicago Point Some of the foreigns notably the Crown Wheat—Firm moisture needed Dragon Crown Point obligations of France and Poland Eaaf northwest East Standard French 7 Corn —Easy lessened shipping moved up sharply East Tintlc Coal Tintlc Con demand stamped added nearly 7 at 106 on East Utah small turnover U S governments Eaat Cattle — Dull and weak Empire Mine Bullion Eureka — fell a back to in little late to Hogs Steady trading strong top Eureka Kllly close generally unchanged to $1020 Eureka Mine Eureka Standard of a point lower Treasury 3 Gold Chain What the Stock Market Did 1946 finished a shade up Great Western Tonopah Some of the substantial gainers Halifax 'Wed Tues Horn 811ver 440 were Illinois Central 4 387 Advances at 74 2 Howell im 91104 22 114 3 6 I 97 103 106 104 P Pac T ft T 5a 37 Pen PAL 4USR1 Pn RR gen4a81 no 84 E do 4 V a 70 Phlla Co 5a 67 Phil Elec 4a 71 Pitt ft W Va 4Ul 60 PortGenE 60 Portal TC 5a53 Rem Rand oo ww Rich 0116S44A ct 31 Ax 105 33 105 103 106 104 N 4a 6 Otla Steel 8a 41 75 38 29 112 112 V 28 97 N Y 6 R R ft 3k 35 58 18 19 11 21 1UW 111 O 19l 15 6 14 r 5 70 13 70 Stone ft W studebaker swift ft Co swift Int — — Texaa Corp Tx Gulf Sul Tx Pc L Tr! Thomp Pro Roll 16 119 10 29 12 Pac Ry t 132 11 113 20 109 16 113 11 112 111 4a 20 5U 22 113 114 113 LISTED STOCKS de- moderate buying lifts French loans sharply Curb— Narrow a few mine and Utilities well taken Foreign exchanges— Firm gold currencies and pound improve Cotton— Steady beneficial rains eastern belt Sugar—Higher trade buying Coffee — Quiet steady Brazilian markets Total issues 111 Y C cvt 6a 44 do rf 5a 2013 82013 A do 4 NYNH AH 67 N Y Steam 6a 51 No Am Co 5a 61 No Am Ed 5s69C Nor Pac 6 2047 do 4a 97 20 7T ! Bond — Steady 67 29 114 18 114 5a Bl- - ! 22 13 7T III 45 46 it 77 92 86 Rails Advance S L Stock Walker Chief Over Selective Exchange Lead Upturn In Mine List Trading Group mand Unchanged 12 105 KC PAL Kan GAE 2 41 9 29 67 74 Cen 4 66 2 107 40 Steel 4 Int Cement 4s 451 841137 16 94 Int Paper 6a 47 In TAT cv 4a39 146 2 do 4 Mi a 62 18 do deb 5a 55 32 23 67 111 111 Under-EI- I 9 47 4 2 Rem Rand Reo Motor Repub Steel do cv DfO Rey Tob Bl 31 12 105 Good 11 Cor 2 an 145 15 32 39 54 8 92 on 66 4a 4s Gen Cable 30 20 5 19 23 92 2 86 G 14 10 71 Radlo-K-- 0 Ml 9j 28 30 12 10822 10815 1098 10728 10610 1UB 10514 10413 1021 10319 3ll0230l02 31102 n 7 Tranaamer Tr ft W Air 40 42-4- 7 4 Alleghany 5a 44 ao do 5a 50 Am ft For P 6a 2030 Am I G Chem 9V4 12 113 I 8 33 1087 New York rails in Stocks— Irregular OWNERS LOAN A 62 5110225 10222110223 39-4- 9 61 10112 10111110112 42-4- 4 11110115 10112l0115 CORPORATION BONDS (Sale In 11000) Low Cloae Declines ISaleal High 65 51 11728 HOME 7 73 Cloa I 101 27 FARM MORTGAGE 21102151102 11110215 1957 do 414 51 Container C 646 A R O 4Ma 38 ft R G W 5a 55 n ?im-De- 21475 4 10 Car Tide-W- ruu 48-5- 1 FEDERAL 14W Stew-War- 5 a 1B4 Con Ga 13 46 Dfd Std Oil Cal Std Oil Ind! Std Oil J 115 103 0 45-4- 7 3 30 do 20 211151 103 71 a 10 104 ta Brands 8td 0 ft Eli 151 6?S 104 7 28t4 27 104 do Dfd 8 perry Corp pg My Bier Bank Stocks Home Fire Ins Consol Wagon West Loan & Bldg Ut Pow & Light pfd Utah-Id- a Sugar Share's Amalg Sugar Shares First Security Corp Ogden Other" Local Securities Established 35 Radio South South I 1899 28 10 66 10 39 GI l zenith BOUGHT 26 Union1 Dfd 811 Kg Coal Himmons Bocony- - Val Sou Cal Ed 91 49-5- 61-5- 5 4a 35 Deo St Young Z C M 16 24 13 Shell do 481 a 40-4- 8 Bald Loco 5a 40 104 89 86 rrg 6a 95 do cvt 60 68 73 Beth St 60 22 108 4 104 Bkiy Ed aaaz til 12 lta Bkly U Q 6a 50 Can Nat R 4 3 113 1957 17 104 Can Pac 60 55 94 do 4 Dero 42 100 Cen Pac 5s 80 4 110 do 1st 4 49 Certaln-t- d 5 2 93 1948 2! 126 CftO gen 4 92 4 116 CBftQ rfg 5s71A 31 21 CMSP ft P 5s 75 134 8 do al 5 200 Chi ft N W cvt 451 13 4 4 S 49 1H Colmbla GTr5 81 39 105 Coml Inv 24 Proc ft Ga Pb Sv N J Pullman Pure Oil Purltv Bak "i 72 64 12 4B-4- Bo Nat Distill Nat Lead Nat P ft Lt Natl Steel Newp Indus i Air Br Y Central Bte TTJ 29 ICavaer J Kef H W A Kelvlnator Kennecott Kreag B 8 Kroger Gro Lambert Llg ft My B — L— Liquid Carb ijoewa Lorlllard P Louis ft N — M— Mack Trks 18 tuia irour 22 59 57 40-4- 3 ivou 33 20 Pac G ft E Pac TT Df Pack Motorl Paracrine Param Plct do 1 pfd do 2 Md Park ft Til Park Utah Pafhe Fllml Patino Mln Penney J C Penn R R Pet Milk Pfelffer Br Phelpa Dod rhllllD Pet Plerc O of 140 44-5- 4 Arm Del 4a 55 Arm 4Ui 39 T ft 8 F 4a 951 1 —P TAT —J— Johna Man — — Nash Motor Nat Biscuit Nat Cash R Nat Dalr Pr Owen-Il- East Kod El Auto L El P ft L do $6 pfd do pra Fndlcott Ji Erie R'R niio Cent Ind Rav Inger Rand inland bt Inapirat u Int Cement Int Harv Int Hy K CA Int Nick 90 45 Oil Oliver Frmi Otla Elev Otla Steel 25 19 36 —E — Goodrich do Dfd OoodvTftK do lat pf ora e Grant W T a N I O etf Ot N Fv pf Gl W BUg —H — Hayea Bdy Mai At ui Herculea P Her Choc Holland F Home Mln Houd H A Monaan Ch Mont Ward Mother Lod Motor Prod Motor Whel Ohio 16' 47-6- 2 43-4- 5 5a 5 $7 pfd Am Avla North Am North Pac 96 191 4a 3 39 Y Chi ft 101 aam Dome Dfd NYNH ft H Y Shlpbld Y Steam Dour Air Du P de N do deb do B How Slid Hud Mot Hupp Mot 1936 n Pacific St L pfd Y Invent Chryaler coca coia do A Colg Palm Col F ft I do Dfd Col O ft E Col P vto Col Carb Com Credit Com Inv T Co Olldden Gold Dual Flour 41 - Certaln-t- WASHINGTON June 10 (AP)— Tha position of tha treasury June 8: Receipts $2164908436 expenditure 9 Gen Am Tr (4390836748 net balance $2282202-6225cuatoma receipt! for the month Gen Bak Gen Bronae (965690238 Cable Receipt for the fiscal year (sine July Gen Gen Cigar 1) 1368470248727: expenditure Gen Elec 8 $3134520-6260Including of emergency expenditures Excess Gen Food a of expendlturea $306211869254 Gross Gen Mill debt $3165148970488 a decreaae of Oendo Mot $290486075 under the prtvlnua day Gold Gen RDfd ft U assets $1045937301742 Gillette DIVIDEND - : 3 12 Falrb Mor Flreat TAR First N St Foater Wh Freep Tex — O— Treasury Report A do 76 Zel Crucible Bt Cub Am 8 Curtlsa W do A Aakad 28 Vi 58 J 39 9 8 Im MoKan-- 16 22 49 28 Chea A O Chea Corp Chi ft N W Chi ot w Cbl MSPftP do Dfd I Averages es Midland 8tH coty Crown BANK AND TRUST Bank of Man Bankere Tr Cen Han Bk Tr Chaw Natl Chem Bk ft Tr Cont Bk ft Tr Ouaranty Tr Irving Manufacturer! Tr Rati City y 1 14 27 41 54 i Celaneae Cerro de P 8alu High Low 3 11728 11726 4 108 T 1087 1 113 113 Jun 3 10822 10822 1 10815 10815 10 luse 1098 9 10728 10728 3 10610 1US9 77 1061 108 23 10514 10512 14 10414 10411 95 1022 102 2510 319 10319 30110129 10127 Furnished by J A Hogla ft Co member New York (lock exchange) Am F M 4 45 Cloee High Low ft T 5a43 20 Indust 15387 15244 15302 up 12 AmdoTcol 5a 46 20 rails 4890 4637 4880 up 44 do 5a 65 20 utilities 3258 3211 3226 up 05 do 4 Vis cvt 39 40 bonds 10252 up 05 Anaconda C 4 a! 3 40 Buiova w Burr A M Co Electric power production for the Byera — C— Week of June 6 showed a substantial Cal Pack ft H Increase over the same period last Calu Can DO A year Soldiers' bonus spending was Can Par ft Gen being looked forward to with much Car Case J I optimism by retailers In the other Cater Tr 63 Wedneaday Previoua day Momn ago tear ago 36 high 36 low 935 high 1935 low 928 high 1932 low ) TREASURY 855 422 1005 1122 1120 1116 1095 1122 1102 1107 1079 1044 868 458 Dow-Jon- Bald Loc do pfd Bait ft O do pfd (Dollars and Thirty-secon(Sales In $1000) 41 92 2 845 40 0 646 98 9 102 9 1928 high 101 1 10 LOW YIELD BONDS 2o3 Shows-Increas- hand distillery share nervousness rereflected fears of a price-wa- r newal General Motors stock engineered a rally of its own in the afternoon It was the liveliest issue of the day with a gain of 1 8 points to I -- 9 Arm III Atch TSF All Reflu U 8 GOVERNMENT BONDS 44-4- 6 764 low 1932 low : 67 33 201 Anaconda Atich Cap 622 621 590 433 50 648 43 4 557 581 447 18 5 21 6 348 RECENT YEARS 87 239 169 1539 1843 MS 3 618 352 349 32 8 233 397 302 31 a Bonds 10 27 23 11 63 21 27 U 77 144 31 52 168 0 23 3t 486 4806 43 3038 1 (Compiled by tie Associated Preaa) 10 10 10 20 utn For'n Indust Ralls 2 1 Net change i 69' 2 92 1 1028 1018 Wednesday Previoua day 02 0 1027 1017 692 Month ago 913 1023 1013 688 Year ago 812 96 4 93 2 884 1936 high 1041 102 5 720 943 36 low 99 3 889 1018 684 1935 high 878 102 2 998 704 22 7 30 10 27 24 12 63 21 27 77 144 3 NEW YORK June 10 (AP)— Following are Wedneaday'a htah low and cloalng price of bond on tha New York -- atock exchange and the total sales of each bond: 4J-- 36 22V Associated Press) 60 15 15 Btocka UtlL Ralls '1 STOCKS NEW YORK June Quotations Stocks NEW YORK June 10 (AP)— Following li a Hit of Wedneaday'i atock tranaactlon on the New York atock exchange: Markets at a Glance N Y Bond BROKERAGE SERVICE IN STOCKS BONDS COMMODITIES Leased prirate wire service connecting 60 office in 57 cities of the United States and Canada jjj E A PIERCE & CO 301 Montgomery Street Htmltrl Telephone EXbrook 2311 NEW YORK STOCK EXCHANGE SAN rRANCISCO STOCK EXCIUNCt CHICAGO BOARD OF TRADE and 26 other important eiehanges HOME OFFICE: 40 TALL STREET NET YORK