Show TT THE SALT LAKE TRIBUNE SATURDAY MORNING 22 JULY 1938 11 Buying Forces Whirl Stock Prices Up Fractions to Three Points Profit Takers N Y Stock -Fail to Hinder Quotations Advance Tide Nw STOCKS 'rivateBorids S L Stock Rally Gain Generally Exchange By Group of Mine Issues Behind Stocks New York Stocks NEW TORE JulT 10 (AP)— Following I are Friday’! high low and doling prices (Compiled by the Aeeoclated Freee) 30 60 II of bond! on the New York itock exchani 15 15 Induet Rails Utile Stocks and tba total eaiee of each bond: 6 7 11 U 8 GOVERNMENT BONDS 866 358 4960 7 4 64 8 (Dollar! and Thirty-Second’revlou day 956 63 9 352 (Salee In 31000) Month ego 83 8 48 0 35 1 62 5 Year ago 62 4 24 0 32 8 4548 8alu High Low - Clou 1936 high 39 7 50 8 64 874 1936 low 73 4 30 2 43 4 557 31 2 1935 high 76 3 447 58 49 5 18 5 1935 low 34 8 218 Movement of recent jeara: 23 9 1932 low 175 169 84 3 1577 1929 high 1469 153 S 1927 low 618 516 953 NEW YORK July 10 (AP)— Following hit of Friday1! itock traniacUona an Uie York itock exchange: a Markets at Glance Bond Quotations Nr Yr Stocks Bonds Averages Stock-Fir- list extends m LISTED STOCKS I Bid Alt Tuneel 604 Am Met Ml Co OOV Beaver Gold Cop 004 bi mu 07 09 Bingham Metala Black Metala 00 Boeanea Mining “OS Briatol Sllvar Bullion SS'4 Cardiff Cedar Tallaman m Central Standard Chief Con 02 31 Clayton Silver Colorado Cen 01 Columbue-Rexa- ll 024 Combined Metala 06V Crescent Eagle 01 Groff 00 Crown Point' 02 Dragon East Crown Point East Standard East Tlutie Coal Faat Tintlo Con Eart Utah Empire Mines Eureka Bullion Eureka Lilly Eureka Mines Eureka Standard Gold Chain Great Weetem ad- vance on broad front Bonds— Higher rails lead eral advance Curb— Improved utilities lie strong Foreign exchange— Mixed loc moneys lower Cotton— Higher domestic ireign trade buying Sugac — Quiet steadier Aaked gen(Salee In hundred!) NEW YORK July 10 UB— Gains Reflecting optimism created by a NEW YORK July 10 UPV— Buying rr of I Net fractions to 1 more 2 than major force swept through the stock marsharp upturn on the New York Low Laet Chg and Seleel High points wero liberally sprinkled stock exchange mining issue disket Friday and Whirled prices up throughout the corporate bond Adame Exp tractions td 3 or more' points gold played rallying tendencies In Frira i?8 Adame-Mmarket Friday with rail and conll The advance of Thursday was ex- Air Reduc day’s session on the Salt Lake stock vertible issues the best performers Jun and tended at the opening and despite Aluka exchange 01' U S Governments Idled Jn Alleghany along Tintic Standard advanced to $515 profit taking intervals the leaders A1 Ch A MfD the background with the few traders up spot who did participate in deals to close continued to climb to new highs Am B Note up 10 cents Walker to $172 2 cents Eureka Lllly to 57 cents larket 16 135 for the year or longer Many es- Am Can in views that changes together Bonds price Coffee— Firm Brazilian buying were tablished peaks tor the past 6 years AmdoC pfA Fd up 1 and Bingham Metals to 9 confined to small fractions (Complied by the Aeeoclated Preu) P i- ' Brokers attributed the show of Am Com A1 :o3 20 10 10 10 Chicago Am A F P Strong Market Rail Induet Utile Foreign I Mountain- - City Copper the only strength largely to cheering busido 86 pf U Net changa 21 2 2 3 influencedWheat— Higher by That a strong stock market prostock to show a loss opened at ness and industrial news although Am Intern Friday 926 1033 102 5 692 Loco orn Previoui day 923 1031 1024 69 Ol vided the main spring of bullish $575 off 10 eents but recovered steel Am Am M A F fading fears of a near-terMonth ago 92 3 102 8 1017 6961 Com— actual Strong damage enthusiasm was Indicated by exto $580 Metal Tear ago strike were ald to have induced Am 809 983 964 694 A Am P L 1938 high 94 3 1041 102 6 eports 72 0 Park City Consolidated was weak ceptional strength in convertible traders to remany recent side-lin- e do 86 pf 1936 low 99 3 88 9 101 8 676 Cattle— Steady to weak bonds and issues bearing stock puron the formal call quotations dropAm RASt S 87 8 102 2 turn to the market 1935 high 998 704 Am Roll M 1035 low 76 4 92 2 Hogs— 10 to 25 cents lower top chase warrants Among these were 84 5 655 While the northwestern drouth Am SmAR ping to 16 cents bid offered at 19 1932 low 64 6 40 0 45 8 422 6a General Later the stock turned firmer and Stl Fdr 1928 high 101 1 showed few eigne of breaking fi- Am Chesapeake 1029 corporation 989 1006 II Am R Ten low yield bonde: 6a InternationTheater sold unchanged at 18 cents with nancial ' observers generally felt do Bur Equipment 140 pf Friday 1119 :2°76 What the Stock Market Did al Cement 4s Pure Oil 17 cents bid at the close Other In- Horn Silver T 18944 and TA Previous day that equities may have been over- Am 1118 HoweU Am Tob Month ago 05 CORPORATION BONDS 112 2 Hydro-Electrstocks ternational Thurs Frl 6a selling unchanged were Tin-ti- c bold because of the agricultural AmVSt vV Indian !6i Queen Year 1106 (Bales In $1000) ‘Sift Iron King 534 577 Lead Crown Point Park PreAdvance Other 09 issues ’high 1036 proggood 1123 making blight Am Woole Kennebee 12 1038 low )Sales High Low (Clou 1102 140 133 ress included Abitlbl Power 6s at Kentucky-Utaand West Toledo Declines Tar mier Baby ! Gold currencies turned heavy In do pf 1935 high 22 1107 A 145 Utah Power and Light $7 pre139 58 05 American Ice 6e at 73 Balti- Keystone 36(4 107 9 Unchanged terms of the dollar and shares of Anaconda 44 Lehl Anchor Cap Tintlo 5a 16 1026 in'”' high 1044 Alleghany ferred advanced into new high more A Ohio 6s at 86 Colorado and Leonora 5e 49 gold mining companies were among Arm Pel pi 1932 low 86 8 vi 00b 6s SO 862 806 Southern General Illi- Little May 73 Total issues ior the third consecutive at ground the few that lost ground in tb? day’s Armdo IIIpr pf Lead 02V 2030 Magnolia r AAFPSs at $76 up $150 thf nois Central 4g at 77 Dow-Jonday Opening Mammoth AtchT A SF Lehigh AIOC 7814 market proceedings 49 5441 145 Averages Refin 01 stock eased back to $7550 but re57 5 at Mlchlgan-UtaARM 30(4 4(41 45 at and Valley The Associated Press average of Atl “Katy" A Co members A J (Furnished Hogle Hill by Miller A T A T 6(4 43 57 dtlae Pow covered to $76 New York stock exchange)! :82 Miner Gold do pf 60 stocks was up 9 of a point at 122 col 5s 46 Low Cion Mlessuri Monarch High Auburn Aut 09 6s 65 Slip Foreign 20 Indust 160 67 15807 160 07 up 236 618 equaling the year’s top mark Aviation "8tt Moscow 00 4(4 cv 39 20 rslls 50 66 49 88 up —B Mt City Copper 5 75 Most foreign bonds developed Ana Cop 4 (4s 50 Unlisted Industrials It was the best day’s gain since Baldwin 26 utile 34 51 3383 3438 up Mountain View L Del SS'4 Arm 4s 55 22 7s turnover bonds The 40 25 10314 backward tendency Poland June up do pf NalldriverilSS: 39 Arm 4(4s New Premier shares was the largest since April Baltdo A O ATASF 4s 95 I 115(4 dropped 4 points to 62 French Aaked Bid New Quincy 02 pf SO and 1 176 Public at lost Cuban u and North Lily 60 compared with 1291SQ0 in Barnedall IB A O rfg 5e 95 86 86 750 Amalg 8ug pfd 735 North Beatrice Standard pf the preceding session SS'4 Works evt 4 (4 s 80 do com 3 50 75(4 74 yielded 1 to 47 Beech-NOhio Copper S90 r NEW YORK July 10 (AP)— Following 18 m Wag A Mach 104 Beth Stl 4 (4s 60 1104 275 Press Associated The Park 01 averages Soaring commodities vied with Beldlng-' Bingham a list of Friday’s transactions on the Utah Fire Clay 105 105 Bk W Gas 5s 50 5600 17 Ay New York curb exenange stacks for the attention of specula- Bendlx A of a Park City Con 3 07 com advance an from 3 of 05 Bug ranged Park King Benef In L 00 44 t do new pfd 114 880 0 N Ry 4(4e 57 920 With corn districts Bert A Co tive forces in the rails to a gain of J Park Konold 01 STOCKS 131 3644 point A L 88 pfd Utah P 5e 7000 1118 69 6775 July Nelson Btl (Bales In Hundreds) do $7 of a point for the utilities and Park hit by lack of rainfall this cereal Beth 7800 7550 Can Pao 4V4s 60 105 SI do 5 pf Park Premier Z CM 5300 5500 4s perp 96 Sis High Low Close low yields Perk Utah 2 80 jumped 1 cents a bushel at Chicago Cen Pao 60 5s 63101 Bristol Air SALES the full lunit permitted in a day’s Boeing Alum Co Am 131 Transfers in all bonds totaled $11' Ploche 109 :?§ let 4e 49 Plumbio Mines Bohn Alum S - It L Stock (Trading Exchange) Am City PAL B Certaln-t82 6V4e 48 136000 38 Utah Power A Light $7 pfd 25 at $76 trading wheat was up 3 8 to BOrden par value compared with Plutu Am Cyan B CMSPAP 5a 75 20 Prince Con 1 17 at $7550 (2 S 8 cents before Am Oaa A El Cotton spurted 3120 Briggs Mf the $11418000 5e 2000 : Provo day a) CURB 25 SALES (After 12 Noon) 254 Am Light AT ICANW cv 444a 49 13 Rico Argentine 04 Bucyrue-to a bale 11 Sugar common 500 at $305 Am Sup Power Col F A I 5a 43 104 Silver Coal Burid 9 40 Mfe ’King 19 at 13(4 13 AS-$300 13(4 A El A U &8tel corporation shipments Bulova Wa O 6a 52 Ap 105 Silver King Weat 40 43 Power and Light $7 pfd 5 at Utah 43 1 26(4 IColum O 5s 1961 Silver Shield 105 00 in June were down substantially Burr Add M 26 17550 5 at $7500 26 26 do waw 10-N Y 4V4e 51 Silver Standard 106 Byere Co 14V 300 at Amalgamated Sugar common 18 1844 Bliss E W from May owing to a carry-ovSioux ICont Mines Cor 6e 104 46 “!6o 159 370 500 at S375 1594 Blue Ridge So Iron Blossom of much tonnage into Jiily but do evt pfd DARGW 5s 55 South Standard 2 15 15 16 Brill A Steel Common got up 1 points to E— — Swansea Con OOtfc 64 Bunk Hill A B Coffee Market Be 67 Tar Baby 81 Erls rf 80(4 2 61 8 were Bethleor also so :°o Cen 8t El Up Tlntlc Central 80 V4 80 lift rl 5 75 ‘ Service Cities 8 51 hem at Tintlo Lead Youngstown Sheet NEW YORK July 10 (AP)— Coffee Fri0 do pfd Tlntlc Standard 105 105 Gen Cebl 6(4 47 1105 510 day advanced further Into new high ground and Tube at 61 8 and National Claude Neon Lt Union Aeeoclated 82 83 83 Q Stl C 5(4 49 for Santoo contract on what waa believed to Colt F Pet r Steel at 63 Chief Goodrich 6a 45 bo buying for official Braellan account NEW YORK July 10 (A—Active Union 105(4 105(4 105(4' Colum GAE pfd Utah Con Santoe opened 7 to 18 higher and closed 105(4 105 105(4 Comw A So war Goody TAR 5s 57 The motors were among the star of carried the main A body Utah Met Tun buying Gt Nor 4(4 No 7 77E 12 to 15 higher Salee 65250 102(4 102 102(4 Con Cop Minas performers Chrysler at 115 8 opened 6 to 15 higher and eloaed 10 to 15 curb stocka higher Friday with nu- Victor Con Con Oil Cord Corp 111 Cen 444 77 76 Sale 66 8250 77(4 higher quotations: Closing A Bond was up 2 8 around its best level El Shr wide shares merous 111 Steel gains Walker Mining scoring Santo — July 8 61 September 8 80 De107(4 107 107 4(4 40 do Toledo since 1930 General Motors was 1140 cember 896 March 905 May 607 No 136 139(4 ElectricpfdShare Int Cement 4s 45 Gulf Oil advanced 3 8 points to Weet 1 Wilbert 7 — July 447 September 458 December 07 Int Paper 5a 47 v 98(4 do Ahead 2 at 70 Talk was revived of 84 1! pfd the best I InTAT cv 4 of for Yankee one Con puba gains 39 93 92 473 March 48K (4 14 Corp Equity an extra dividend for the latter and do 4 (4a 52 lic service of Indiana $7 preferred Zuma 81(4 80 Excello A A T Spot coffee firm IS3 do deb 5s 55 7 86 85 18 Flak Rub a generous disbursement and posSALES moved up 4 to 56 and Pittsburgh Fllntkote Metals 2000 at 9c Bingham McKAR 5 (4a 50 sible split-u- p of shares for the 103(4 103(4 103V4 Ford M Can A and Lake Erie went ahead 8 to 81 Crown Point 1000 at Report of an affiliate of a bank Mo Pao 5a 77 F 31 30 Ford M Ltd former which Is a member of the Federal ReLilly 100 at 57c Others well up in the long list of Eureka do gen 4e 75 12 Oil Gulf Mt 100 at Copper 100 City at 575 serve System published In accordance 123 107 3 Hecla Min Mont P rfg 6s 43 Packard was one of the three live107 pfd gainers were Masonite up 2 Alumi- fjf'O with the provisions of the Federal ReGold Ohio Copper 500 at 6c Holllnjt liest stocks of the day with a gain Col O A El num Company of America up 5 and NYC evt 8 44 111 112 1144 serve Act 8ft MAS Hud Con Park Bay 2000 ISc at City do ft 5s 2013 94 544 2 'ot 8 at 11 8 Among others well Some Humble Oil & Sullivan Hill Bunker Park Premier 1000 at up to Report as of June 30 1936 of Local do 4(4e 2013 A 88 ' 18 Ins Co N Am Tar Baby 1000 at out in front were Consolidated Ediof the mining shares were reaction Realty Company Salt Lake City Utah NYNHAH 4(4 67 28 Intemat Pet Tintic Lead 300 at 42c lol 106(4 which Is sflllated with Tracy Loan St No Am Co 5s 61 18 $4 son at 10 8 Anaconda at 8614 Tlntlc Standard 100 at 85 15 Lehigh CAN ary notably Lake Shore Mines No Am Ed 5s 69C Trust Company Salt Lake City Utah 105 105 Mouut Prod Walker 200 at 8170: 100 at $172 Standard Oil of New Jersey at Nor Pao 6a 2047 which lost 1 8 to 58 8 i3 31 3044 30 1111(4 111 Kind of business: Nat Invest Weet Toledo 6000 at c do 4a 97 1109 109 3! 62 8 American Telephone at 169 Nat PAL pfd 23(4 CURB BALES (After 12 Noon) Affiliate operated for tha purpose of Transfers Friday totaled 416000 O H 2 Nat Ref Tlntlc Bug Standard 10U at $510 at 106 Western liquidating assets held by lt for Tracy RRAN 4s 61 shares against 350000 Thursday 107 V4 : Newmount Min j 107 I Otis Steel Si Trust Company andor Its Loan SB) 6s 41 4044 40 ll102jl02V4 Union at 86 8 Westlnghouse at Nlag Hud Pow IVi clients Nlag 8h Md B 126 7l Salt Lake at 75 Allied Pen PAL 4(4e 81 Curb 107 107 107 orMines d Manner In whldh pissing 7?8 ' Metals and Money Pen R an 4(4e 81 109 109 109 Ohio Oil Chemical ' at 203 A O Smith at ganization la affiliated with member do 4 (4a 84 E 109 109 Vi Pac GAE pfd 1 pfd 109(4 INDUSTRIALS bank and degree of control: 17 do 4(4 70 and Du Pont at 156 104 103 103 Pennroad Settlement prices at Utah amelten Phil Co 5s 67 Majority of stock owned by Tracy Phoenix Sec MSS Smelting and Douglas Aircraft “rights" were ported by the American Pit AW Vat (4 60C Loan St Trust Company 88 88 88 12 1 Pioneer Gold Lead 460c a are: Ing company Port! O E 4 Vie 60 dealt in for the first time and the 71 Gold Financial relations with bank a pound copper ll ll Premier Postal TAC 5a 53 S3: !3 29 30 Pug Sd 5i pfd Stock of affiliated bank owned— stock dropped more than 2 in the Selected Indua 23 YORK NEW None Bar silver— 10 July s 4 -(AP)— RemRand 108 107 107 (4 56 Shattuck 1 Denn 13(4 early dealings It came back howc 44 Loans to affiliated bank— None 37e2 Steady and unchanged at Rich O 6e 44A ct 38 37 V4 38 V4 Shcrwln-Wm29 ever for a net gain of about 8 at 8 from affiliated bank— Borrowings 33(4 Singer Mfg LONDON 8tL SF 4 (4 a 78 7 19(4 19 July 10 (AP)— Bar ellver— 19 63 8 Dome Mines lost 8 8 at 16 None St Oil Ohio at 19d do 4s 50 A V4 higher 14 Steady (Sterling 21 21 21 8unahlne 29 Mng 29(4 Stock of affiliate registered In name 52 8 and McIntyre Porcupine was Deere A Co to 4462 cents) StP MAM 5a 43 3 104 price equivalent 104 104 Technicolor 19 19(4 of bank or known to be owned by bank Bar gold — Declined 1 penny to 139a Skellv Oil 4s 51 5 97 V4 97 97 A Hud O 6944 off 2 8 at 10 8 Alleghany cor- Del to $3488) Bo Pas 4(4 or Indirectly — $500000 27 68 0 price Trane-LuDel L A W 90 (Sterling directly 907 15(4 equivalent today bought £1 The Bank 19 90(4 90 Other obligations to or known to be poration preference shares ad- Det Edls 4(4 81 90 V4 United In bar go!£ 406045 8 Or P 48 77 Diet Vi 4(4 C 97 LAP United 2 1 A held to 97(4 97(4 vanced by affiliated bank— None 8eag points Money — 80 Ry con 5a 94 per cent U S Play Cd 165 104 Dome M 103(4 104 disI 1 Allle-C- I I h It m Haltfax-Tonopa- 4s ic m h h I “ft 4s j es Curb Dealing 86' In New York "I — 4s h 7s 6a Utah-Idah- o I:: I Blaw-Kno- x : d 1-- Borg-Wa- 5-- 81-8- Utah-Idah- o I Curb Swings Issues Higher Atlse-Cnf- V er 3' 7-- 3-- 7-- Utah-Wy- o 1-- 7-- 1-- 2c I isir 5-- 1-- Johns-Manvil- 2c4c 1-- 5-- 1-- le 3-- O-- 7-- Sears-Roebu- above-name- T Refln-poun- d 4 a -- 1-- 8-- 5-- 7-- 1-- Teck-Hug- 8W Doug Aire Du P de N Produce Market 8 SALT LAKE CITE BUTTER First grade Second grid! awiet cream (Parchment wrapped e EGOS i!8 18844 2144 30 35 S ' 37 17(4 36 38 leu) 7644 24 23 CHEESE Full cream trlpleti lb Full cream longhorns lb Full cream b aandwlch loaf lb Jack cheese 5 pounds each lb Wheel 8wlea cheeee domeetlc lb brlcke lb Block Swlee brteke lb Ltmburger Cream brick b brlcke lb Roquefort 5 pounds each lb Full cream dalelea Wisconsin cured pound Full cream longhoma Wleconeln cured lb Full cream triplets western cured pound Full cream cured lb 13(4 5044 IS VI 19 19 20 22 28 25 23 65 28(4 24 Gen Gen Gen Gen Gen Gen Gen Gen Gen Gen Gen Am T Bek Bronte Cable Cigar Eleo Foods Mills Mot 0 Adv R A U Gillette 24 25 22 23 Underw-El- Dreeaed poultry barely steady unchanged all fresh and froaan prices unchanged Butter — Receipts 11845 firmer creamery higher than extra 34 034e extra 92 score 33 Mr 03344c flrete 89 to 91 scores 33® 33 (4c centralized 90 score 8: Sift Olid Co NEW YORK July 10 (AP)— Poultry-L- ive Gold Dust dull end weak by freight broilers Goodrich pfd (rocks and leghorns) 17® 23c fowls 15® 18c other freight prices unchanged by ex- Good TAR 1 pfd press fowls 15® 18e other express prices Sift Graham P Grant W T 3 a 174 -- 1 29 9044 1444 106 106 1(4 e BAN FRANCISCO 3 20 102 3 2V 30 Protect What You Have With 115 8(4 42 43 1 3744 19(4 INSURANCE AGENCY Jerry W Crowley Mjt Was Efc U but 1st Bo 2212 101 103 104 V4 4a 4s 4s 5s 3s C O E LBa 4a 81 Cont GAE 5s 58 A Crane Co 5s 40 El PAL 5s 2000 Falrb M 5s 42 Firestone T 5s 42 Hygr Fd 6s 49 A III PAL 5s 56 C Ind El 6s 47 Ind PAL 5s 57 A L McN A L 5s 49 McCord R 6s 43 N PAL 5a 2030 B Nev C E 5s 56 N E GAE 5s 50 N Y PALt 4 s 67 4a 18V4 18(4 5s 4s5s 4f 3s 8s 1 18(4 33 7 18U 1H 41 39tf 3944 - 70 3 43 2 30 5 5 2 2 3 20 5 6 IS8 11 t ift 84 70 E 11 NIPS Okla GAE 5s 50 6 Pac PAL 5a 55 2 P C PAL 5a 79 3 105 P O LAC 4a 81 B 17 Phila E P 6 112 72 S P NI 81 F 5 103 P S PAL 49 35 do 50 D 62 Sher-Wy- o 1 6s 47 SEPAL 6s 2025 A 23 l7oi 107 107 So C Ed 2 105 60 105 105 Std GAE 6s 25 evt 82 82 82 SO 80 Std PAL 6s 57 80 80 U S Rub 1 103 30 103 103 Ut PAL 6s 2022 A 4 103 103 103 do 11 101 100 101 W Gas 2 107JJ 107 Wash W P 6s 60 2 ( 106 FOREIGN BONDS (Sales In 81000) Danish Con 5s 53 1 99 994 99 Total stock sales Friday 416000 sharea year ago 221055 shares Total bond sales Friday $2600000 year ago $4572OOU 31123 27 5 7 4 Uiecount rates— Short bills 916 per cent three-mont- h bills 91 6 Vfc per cent 8ft m X 87 19 39 128 Raw Sugar Total bond sales Friday 811136000 week 811418000 ago day Srevlous year ago 810020000 two 64 64 63 2 years ego 89784000 January 1 to date YORK July 10 (AP)— Raw sugar year ago 81788 954 000 waaNEW 8gH'v aH $1971268000 steadier hi ton Friday and while the two year ago 82170363000 8S3 SS spot pries remained unchanged at 370 there was slight advance In ehtpmeni Total sales Friday 1689000 shares sugars with a sale confirmed ot 19000 bai previous day 1291500 week ago 1020-18of Cuba for first half August shipment year ago 1097897 two years ego an outport refiner at 377 534560 r- - January 1 to date 268 473790 Future were on further trade higher NEW two YORK 10 year ago 8134724838 July (AP)— Following years ago are the bid ana asked quotations fumtshec covering against sales of actuals and tome 2l9T45042 commission houses promoted by by hr the New York security dealers on New buying York bank and trust company stocks traded the eteadineaa of the spot market and continued fear over the outturn of the beet Friday on an over the counter basis: The mar crop ae a result of the drouth ket eloaed 4 point higher on the present I Asked Bid July position and unchanged to 2 higher on later deliveries Salee 8000 tone July 30 SI 2 83n September 2 84b: November 282b: 65 tradef Friday on the Boston 130 January 462b- March 258b May 269b Chase National 1937 280b July Chsra Bk A Tr " 61 59 n — Nominal b—Bid ISnleal High Low Cont Bk A Tr In refined withdrawal! were more active sll for over the week-en- d 310 Guaranty Trust adjournment and 15 Irving Trust price were unchanged at 500 lor fine IS Manufacturer Trust 47 Reealea were quoted at from granulated Copper Range I National City 39 41 475 to 485 East OAF lit 8 g INSURANCE — Ilson El HI Emp Group Gen Capital New Eng TAT Old Colony R R NEW YORK July 10 (AP)— Cotton Old Dominion moved to new high ground tor the current Quincy advance Friday Contracts were comShawmut Assn paratively scarce with October selling up Torrington io 127B and with futuree 25 to 32 pointa Un Shoe Mach Pricee were higher early thle afternoon Utah Metala 5 or 6 point off from the beet In late Commodity Index Warren Bros — NEW YORK- JttlylO— Th' Associated Uadlagr Futures eloaed very steady 34-3Press weighted wholesale pries Index of higher Cloee 36 commodities Friday advanced to 77 21 Previous day 78 64 week ago 7465 13 68 S I month ago 12 77 71 01 year ago 72 67 12 78 Range of recent years: 1935 1934 1936 12 76 12380868 00 Thursday bank debit! Bam day last year 78 17 78 68 74 94 12 78 1978620 00 I High Low 71 31 71 84 61 53 224022773 Friday bank clearings 1274 Bam day last year (1926 average equals 100) Spot steady middling 136V 209269430 Boston Stock List b17mT77 L Bank Clearings Treasury Report WASHINGTON July 10 (AP)—The LONDON of the treaaury July 8 : July 10 (AP)— Closing: CopReceipts $9441118376 expenditures per — Standard spot 36 pounds 17s 6d funet balance ture 37 pounde 3s 8d electrolytic spot $13844154312: $2457bid 40 pounds 17s 6d asked 41 pounds 5s 819768 91 customs receipts for the mouth Tin — Spot 187 pounds future 183 $726350008 for the fiscal Ss Receipt year (since July pounds — Lead Spot 15 pounde lie 3d future 1) $83 69242913 expenditures of Including 15 pound 16a 3d $2293621573 Zinc — Spot 2e 6d future emergency expenditures excess of expendi13 pound tures $96 99112382: gross debt $33621-4553654- 8 13 pounde 7e 6d a decreaso of $1717499550 NEW YORK July 10 (AP)— Lead and under the previous day Gold assets ’ xlno future no dull closed sales 100 107 103 103 61 88 116 105 84 NEW YORK 10 (AP)— Call money 79 — 8teady 1 per July cent all day 107 Prim commercial paper — per cent 106 loans — Steady 107 107 V i months 1 per cent 92 93 Bankers’ acceptances — Unchanged 101(4 Rediscount rate — New York Reserve 90 per cent bang 1 101 101 103 103 NEW YORK July 10 (AP)— Copper-Q-uiet 78 76 electrolytic spot and future 950 101 101 22 0 qXPort 0925 101 101 Tin — Steady epot and near-b43370 105 105 43 50 future 42 2504237 — Quiet unchanged Iron liiB 104 100 Lead — Steady spot New York 4600 465 East St Loula 445 Bft ®3Vi 98 Zinc — Dull East St Loula epot and fu70 70 ture 475 107 107 Aluminum — 19 00 0 22 00 103 103 Anltmony — Spot 1300 104 89 89 105 105 Montreal Silver 96 96 MONTREAL July 10 (AP)— Silver fu112 112 tures closed steady 5 to 10 pointa higher 103103 Sale two contracts 95 95 Low Close High 87 87 Dec 45‘25 4525 1)4520 71 71 Cotton Market July 10 33c 844 104 7MVw° 20e 89 31s —Butter Cheese: Flats 19c triplet 18(40 Eggs unchanged 101 102 104 74 71 Utah Apex M Utah PAL pfd Walker Mtn Wright Harg DOMESTIC BONDS (Sales In 31000) Ala Pow 4 s 67 84 29 do 5s 68 12 100 A G A E Gs 2026 1 107£ Am Rad 1 47 A Roll M 5s 48 2 103 As Elec 53 46 Balt L 5s 38 xw 86 Bell T C 5 55 A 116 Chi D E 70 1 105 Cities Ser os 68 5 84 C 8 Pow 46 52 79 Comw Ed Ss 81 F 12 107 do 65 H 12 106 N Y Bank Stocks r 4 Ibfe 113(4 113V4 103 103 V4 8v 36 53 ( CHICAGO July 10 (AP)— Butter was Freah: firm Friday 34(4 3444c 92 34e 91 3344o 90 33V4c 8 83c 88 32 c 3344c Centralized carlota: 66300 104 4V euppllei bounds Butter and eggs unchanged' — Poultry hens colored 3(4 to over 4 lbs 21c 106V4 101 22 14 V 1 prices sacked per cwt continued hot weather Missouri cobblers U B No 1 and partly graded mostly 1225 0235 few beat f 245 0250 showing heated $2 00 0 215 U' 8 No 1 8110 California white roes U S No 1 and partly graded few eaiee S3 00 310: Washington Bliss triumphs U 8 No 1 8375 LOB ANGELES July 10 Exchange) — Receipts : Butter 133500 pounde cheese 38 113 10 103(4 2 102 16 103 191 104 V4 24 75 42 72 95 21 10 170 48ft 49(4 344 11790H 26 19(4 l Wert Pao West Un 22 ll 17 60 B A P Carbide Oil Cal Pao A L vtc Aircraft Unit Bla Un Carbon Unit Corp Un Drug Unit Fruit ’Unit O Im U8 A F Bee Wees O A S 6044 18 2 1044 106(4 105 102 101 104 20 104 107 5(4 47 74‘ Util P A L 5s 59 72 Vanadium 5a 41 3 87 87 87 VASW con 5S 58 28 92 90(4 92 Warn Bros 6s 39 12 93 93 93 W P 1st 5a 46 5 34 34 34 West Un 5s 51 2 105 5 60 16 1053 1°5S 1107 FOREIGN BONDS 29 ( Ax pf U 8 Steel do pf Util PAL i —V— Vansdlum —W — Walgreen Walworth Ward Bk t Warner Pic 34(4 4944 4a 47 HI U8BA1 do 3744 — H— Hayes Bdy 83(433(40 Cneeee— Receipts 105159 firm prices Here Pow Pfd Unchanged Egga — Receipts 15954 steady mixed Her Choc Whites Pacific coast Holland F colors unchanged shell treated or liners mediums 26® 26 (4 c Home M other whltu and nil brown and duck eggs Houd H B Howe Sd Unchanged Hud Mot CHICAGO July 10 ( AP) — Potiltry — Hupp Mot live 41 trucks hens easy chlekeni firm bene 5 pounds and lees 17 (4c: more III "cent than B pounds 17V4c leghorn hens l4V4c Ind Ray Plymouth and white rock springs 26c col- Inland Btael ored 21c Plymouth Rock fivers 22c white Insp Cop rock 20c colored 18c Plymouth Rock Int B Mach broilers 18e white rock end colored 16c Int Cem bareback! 14016c leghorns 16c roosters Int H El A l4c leghorn roosters 13c turkeys 130 Jnt N Can 16c heavy old ducks 72 (4 c heavy young Salt l16c small white ducks 11 (4c small col 7nt Int T A T ored 10(4c young geese black thickens 12®14c Eggs — Receipts 19886 firsts local 21 c care 22 (4c fresh graded firsts locail 21c cars 2144c current receipts 2 Oct storage packed extras 23 Vie storage packed firsts 22(4o ' Potatoes— K total U 8 Un Un Un Un Un Un let 7 108 22 96(4 US Leath US R A Im U 6 Rubber do let p il'4 ONIO ctf QNRy pfd Gt W Bug 4s 68 As Tlmk R B Transaraer Tr A W Air Trl-- 0 Corp do pf —U— r— T5 4 Tex Ft 8 Vie 50 Tex Cp 5a evt 44 Tex A P 5s 80 D -- Un Drug 5s 53 U L A T 58-- 44 U P A L 5s 44 Tbompeon Tlde-Tlmk-- B T 3(4 64 Btudo 6s evt 45 I Un Pac Tex A Pec Texas Corp Tex Gul Sul Tex P L Tr 3(4 60 1344 white hennerlu dot large Medium white benneriee 2 62(4 REPORT of Salt Other information necessary to close fully relations with bank: For answer see “Kind of Business” I Newell B Dayton vice president ot the Local Realty Compahy do solemnly swear that the above statement la true to the best of my knowledge and NEWELL B DAYTON belief Sworn to and subscribed before ma this 9th day of July 1936 HENRY E OOAARD (Seal) ‘ My commission 1940 OF CONDITION Notary Public expires February 15 t Reserv District No OF TRACY LOAN & TRUST COMPANY City In the State of Utah a member of the Federal Reset System at the close of business on June 30 1936 Published In accordance with calls made by the Bank Commissioner of Utah and the Federal Reserve Bank of this district on a date fixed by the Board of Governors of the Federal Reserve System pursuant to the provision of ‘the Federal Reserve Act ASSETS discounts $ $6105044 Overdrafts Nona United States Government obligations direct andof fully guaranteed (par value $734 37500) 732 60483 Other bonds stocks and securities 22607 00 Banking house $9032846 furniture and fixtures and vaults $2004265 llo37LU Real estate owned other than banking house 34 087 04 ’ Reserve with Federal Reserve Bank 47 603 37 Cash balances with other banks and cash Items In process of coi lection 13441077 Other assets 6021880 Bbld Total $200304345 LIABILITIES Demand deposits of Individuals partnerships and corporations Tima deposits of Individuals partnerships and corNEW YORK July 10 (AP)— Gold curporations rencies encountered the most persistent Total ot Items pressure In more than a Week In foreign Secured by the pledge of loans andlor Investexchange markets Friday ments Whether It was an Indication of a new Not secured by the pledge ot loans and outflow of frightened money from gold bloc center to New York and London or anvestments Foreign Exchange other thrust by speculators following the measures taken n recent days by tha French government to etabtlUe thinge at home remained unanswered as expert analysed the latest movement The French franc yielded eteadlly to end In New York 01 of a cent lower the Holland guilder loet 03 of a cent ana the Swiss franc dropped 04 of a cent Tre dollar closed In London at 502 and In Parle at an equivalent ot 6633 cents to the trana Great Britain demand 502 cables y France de502 bill 801 cable 661 mand 661 Italy demand 788 cable 788 pemanda: Belgium 18 92 Germany free 4032 registered 2175 travel 26 25 Holland 6809 Norway 2527 Sweden 2593 Denmark 2245: Finland 222 Switzerland 3272 8 pain 1372: Portugal 460 a Greece Poland 1805 94 416 231: Austria Juglelavla 1890n 19 90: Rumania 76 Hungary Argentine 33 47n: Brazil 8 61n Tokyo 2936 Shanghai 3020 Hongkong 3245 Mexllco City 2785 Montreal in New York New York In Montreal 10009 9990 n— Nominal 'Investing Companies NEW YORK July 10 (AP)— (New York Security Dealer association) I Fund Can Inv Fund Corporate Tr Bullock do A A do A A mod Dividend Bhra Bid 1825 4 20 273 264 3 30 173 22 Fund Investors Ino 85 Fund Tr Bhra A 6 02 - - 5v4® — — do 1 18 94 Maryland Fund 4 45 Nationwide See 1 84 do vte 168 Quarterly Ine Shr 1 IS Stand Util Inc 7 35 Super of Am Tr D U S Elect Lt A Pow A 20 00 do B do vte 310 122 I Asked 19 75 460 ’Ti’ 25 05 6 63 r Tl' 13 None $120759947 Total deposits Bills payable Rediscounts Interest taxes and other expenses accrued and i (reserve tor interest and taxes) Other liabilities Capital account: None Capital notes and debentures Surplus Undivided profits— net Total capital account Total Including capital account $20030434$ MEMORANDUM: Loans and Investments Pledged to Secure Liabilities: United States government obligations direct andlor fully guaranteed $30 00000 Loan and discount 4300000 Total pledged excluding rediscounts $7300000 Of Fledged: $30000 00 Against deposits of trust department With atate authorities to qualify for the egerclaa of fiduciary powers 4300000 Total pledged $7300000 State of Utah County of 8alt Lake Newell B Dayton being first duly sworn according to law depose and says of the above named bank and that the above and that he is foregoing report contains a full true and correct statement of the condition of the said bank at tha close of business on tha 30th day of June 1936 0 9 9 V 9 9 9 NEWELL B DAYTON Correct— Attest: L TRACT ' CRUSSEL B HAWLEY FRANK B STEPHENS i 2048 4 55 1 99 183 124 20!50' 320 130 Subscribed and sworn to before me this 9th day of July ig36 HENRY E OOAARD Notary Public (Seal) My commission will expire February 13 1940 Residing at Salt Lake City Utah State Of Utah Office of Bank Commissioner I Rulon F Starley Bank Commissioner of the State of Utah do hereby certify that the foregoing la a true and correct copy of the statement of the above named company filed In my office on July 10 1936 R F STARLZY Bank Commlwlo—r V |