Show THE SALT LAKE TRIBUNE 20 JULY MORNING THURSDAY 1936 23 Mountain City Copper Soars to $765 in Strong Buying Wave Stocks Uptrend N Y Stock Leading Mine S L Stock Issues Score Quotations Exchange Halts as Bear Reaction Rules Further Gains NEWJTORK July 22 (AP) — Following a list of Wednesday's stock transactions 011 the New York stock exchange: LISTED STOCKS Bid Led by Mountain 0ftCopper which continued its sensational advance on heavy volume mining- issues were strong and active in trading Wednesday on the Say: Lake Stock exchange With interest cen tering in Mountain City Copper and Walker the session was largely a repetition of Tuesday's and Park City Consolidated contributed to the resemblance by Advancing for the Sixth consecutive day Opening at $735 up5 cents Mountain City advanced without a ' set in at halt to $765 Profit-takin- g that point and the price declined to $740 final quotations dropping to $730 bid offered at $740 Volume totaled 1850 shares Walker opened Unchanged at $180 advanced to $185 and slipped back to $182'i with 700 shares trading Cardiff rallied to 45 cents up 4 dropping back at the close to 44 Park City Consolidated advanced to 22 cents up 1 and closed strong at 22 bid Tintic Lead rallied to 46 cents up 1 and Silver King Western to 45 up 2 Park Nelson suffered a small loss and Kentucky Utah and Columbus Rexall sold at unchanged prices o Sugar common was a little stronger rallying to $307W cents up 2 In curb trading during the afternoon 200 shares of Utah Power arid Light $7 preferred sold at $7575 Dp 25 cents - Utah-Idah- Alta Tunnel Am Metal Mln Co Beaver Qold Cop Big t 00ft 08 09 Bingham Metals Black Metals Bonanza Mining Bristol Silver Cardiff Cedar Talisman Central Standard Chief Con Silver Clayton Colorado Con Colb Rexall Combined Metals Crescent Eagle Croff i Crown Point Dragon Eat Crown Point East Standard East Tlntlc Coal East Tlntlc Con East Utah Empire Mines Eureka Bullion Eureka Lilly Eureka Mines Eureka Standard Chain Great Western 00ft 0514 00 45 06 01ft 90 33 02 02 07 03 05 03 02 07 35 02 '4 02ft 20 60 03 95 05 03 06 "Hi Horn Sliver Howell Indian Queen Iron King ivenneoec 26 28 01 00 "4 01 09 12 - Kentucky-Uta- Kevstone Lehl Tlntlc 02 10 02ft 20 03 00ft 01ft 08 Leonora Little May Magnolia Lead 1114 00 01 02 0114 05 147 Mammoth 150 05 01 00 01 09 Michigan-Uta- Miller Hill Miners Gold Missouri Monarch Moscow Mt City Copper Mountain view Nellie Meda 0014 0214 12 01 00ft T30 00ft T40 0014 40 25 01 03 65 00 ft 09 25 10 Nalldrlver New Premier New Oulncy North Lily 02 61 00 05 North Standard Ohio Copper wngnam OIK Cltv Con King Konolfl Nelson 22 00 01 02 23 00 14 0214 0214 05 3 70 01 15 40 15 35 11 oift 0414 3 45 OOft 12 36 12 30 NEW YORK July 22 UP)— That the brewing Industry wu one of the few beneficiaries of the recent heat wave waa revealed today In a report of the United 04ft State Brewing uaoclatlon showing a 29 8 50 per cent increase in June sales of beer 45 Sales for the month totaled 5600070 bar0014 rels the report said compared with 4340-93- 9 00 in June 1935 For the first half sales Sioux Mines 00 were 23830179 barrels against 19921359 South Iron Bios OOft a year ago a gain of 186 per cent South Standard 04 Swansea Con 00 Utility company purchases of heavy elec- Tar Baby oift trical equipment are increasing steadily al- Tlntlc Central nt below la well though the present volume Lead 45 the levels maintained from 1920 to 1930 Tlntlc Tlntlc Standard 5 10 survey by Standard Statistics Inc shows Union Associated Orders of one large company it waa aald union Chief are running about 85 per cent ahead of Utah Con 01 last year and account for roughly 22 per Utah Metal A Tun 60 cent of total orders placed Last year the Utah-WvCon Oil company received about 15 per cent of aU Victor Con 01 aew business In the Industry Walker Mining 182 Tlledo OOft Commonwealth and Southern corporation West Wllhert reports system output for June totaled 01 kilowatt hours against 4984602M Yankee Con 09 For the first six Zuma In the like 1935 month months output totaled 3655014682 kiloSALES 05 1000 46 OOft OOft 02 01 06 01 0214 oift 48 520 OOft 01 01V4 80 It 13 02V4 185 01 01 01 12 001 watt hours against 3068925830 a year ago Oas output of the system Increased 1155 per cent in June and 2202 per cent In the first half over comparable 1935 periods NEW YORK July 22 (API— NewsrwBer advertising during June continued to In crease accoraing to me miners ina wnex which stood at 889 against 865 for May The June 1935 Index was 761 The New York stock exchange has re ceived notice from s n Kress A Co of a Increase In authorised common proposed tocK zrom louuuuu snares to z87s7B7 shares (instead of to 2500000 aa author-Each present share to be exchanged for two aew snares Waterworks and Electric pany reported output of Its electric for the week ended Julv 18 at 46969000 kilowatt hours an increase of Xii per cent over the like 1833 period American com- NEW YORK July 22 (AP)— Raw sugar was uncnangea weauesaay at a7u (or spots with some interest at thle level for specified August positions Holders generally asked 880 No sales were reported Futures advanced 6 points for the spot month on belated covering and 1 to 3 points on later positions during early trad ing iniiurncea oy me sieeny tone to me spot market and an unfavorable view of weather ' conditions in some of the beet There was a reaction later sugar areas Final prlcea were 2 points higher on the spot month and 1 point higher to 1 point lower on later deliveries Sales were 5650 tons over half of which was exchange from September to November September 280b: No July 280b vember 2766 January 253b: March ay aoio ioto juiy ivj 2D4D bBld Refined was unchanged with only a moderate withdrawal demand Prices were 475 for prompt shipment and 500 for y contracts while resales were held at 475 to 472 point or so were shown by Mont gomery Ward at HVi Sears Roe Celanese at 26 Mi and buck at 79 2c 18e Bid I Amal Sugar pfd do com Con Wagon Mach $ Asked 740 410 270 00 $760 4 40 Light $7 pfd 1 at $7400 CURB SALES (After 12 Noon) Utah Power and Light $7 pfd 200 at $7575 LABOR HEALTH MONEY Keeps the home automatically at uniform temperature Completely Installed With Full Controls $07g)5o sales tax EINTZ CO 579 W 2nd South Was 4305 INDUSTRIALS Asked I 1$ Sets New Record I 103 50 no o 1 33H 14 78 22 271 88 Mi r 32 V 55 4i 63 VS 9 39 387? 1 GAB P vto Carb Com Cred Com Inv T Coml Bolv Comw A So 18 25 31 80 53 5174 12 13 30 Faat El Auto L El P 4 Li do JH pi do pfd Endlcott J Frle R R Eur V CI — r— Pairb Mor Fed M A 8 Flrest TeR First N St Foster wn Freep Tex ao pro Utah smelters re Settlement ported by the American Smelting and Re- fln na company are: ieaa eouc a pound copper 915c a pound 20 — FEDERAL BUILDING & LOAM ASSOCIATION ' si City Utah SMi 44 39 40 57 77 81 18 4s Cen Steel 4s 4s4s Int Cement 31 2 47 48 6074 19 121 3 47 48 75V4 30 45 19 53 70 166 129 76 76 55 55 14Vi 81 13 14 24 24 119 52 12 11100 42 41 64 2591 71 2 121 7 2 15 46 13? 21 108 25 93 2 8 12 100 42 40 64 69741 70 121 774 2 2 36 18 A 109 71 38 41 27 51 17 2 - 38 41 26 38 52 43 24 J4I 93 1674 2 Walgreen Walworth Ward Bak A Warn P ct Wess OAS West Pac West U Tel A Westing West EAM Weetv Chi Wh te Mot Wh Wilson A Co Woolworth Wright A - RMS 1111- - v— Yell T A C Young SAT Un 92 24 - 5s - 9 84 4274 96 Wab rf KUi 7 Warner Bro 6s 39 W Pac 1st 6s 48 West Un 501 uo OB nu 4s -- 17 18 99 3374 11 -- 1 1' 20 33' 33 23 W 5 -- 1' 20 1061108 31 37 61 2 90 42 135 23 - 89 2V 20 31 mtm Finland 56 GerCAB 6s 60 Oct OerCAL 58 Oer a In 65 Italy 7s 51 54 Japan ao 9UI Aft N 80 Wales 5s 57 Norway 5s 63 Nor HyE 57 Orlen Dev 58 sia asa I 5s 5s OS 63 A 988239000 7ub Boston Stock List 43 24 92 IS - 3 Flour 27 13 26 28 1 S the sales hlsrh low and cloalns prices of stocks traded Wednesday on the Boston stock exenange : 8alea High I Low Close Boston A Alb 140 139 139 51 Boston Kiev 68 68 88 480 Copper Rang 251 East East 8 8 200 16 16 150 16 Economy Oroc 691 165 Ed lion El III loa tl65 80 48 48 46 Mergenthaler New Eng TAT 123 123 79 123 Nor Butt an 220 aa 4i Old Colony R R 22 22 25 22 800 1U Qulncy awmut Assn 150 50 HZ Texla Oil 9 100 100 io8 Torrlngton 522 Moh Sho Unit 70 70 300 70 Utah Metai 10I T T 7 Warren Bros Total Boston stock sales Wednesday 21 857 shares OAF - 6s os Denmark 5s 55 8s 6s 5s 6s 110 25 OB ao 4 Mil 62 Deu B 6a 3ft it M 288819477 20 181 33 26-5- 7 Ql Ilia Canada 4s 60 Chile MB 61 ChllB T J0 Colomb 6s 61 Jan! Copenhagen 5a 52 45 tuDa UU 127 21 6s6s 55 Buenos A a MINNEAPOLIS July 22 CAP) — Flour cot— Carload lots per barrel In ton sacks: family patenta unchanged 720 740 standard patenta unchanged 645 0665 Shipments 30265 Pur bran—2650tJ270O Ba° Alum Co Am Am City P it L I Am Cyan B Am Gas A El 104 o Did Am Light AT Am Sup Power As O A El A Atlaa Corp ao pra a do war Bliss E W 81 85 81 80 80 Blue Ridge nrm is Bunk Hill It S Cen St El Cities Bervlc do Dfd 6 h 105 8574 00 105 105 104 103 21111 im 1 8 106 111 12 107 55 104 33 12 107 113 113 95U 89 10571 103 iiv 10874 111 106 7 3 III 107 J 39 7 11 59 18 11 26 16 17 T 8 3I 15 2 1 3 4 22 88 4 4 24 87 3 7 7 2 20 31 7 6 20 78 5 78 7 25 97 97 14 19 2 36 19 23 37 25 24 2 8 6 11 3 7 2 67 74 36 1 8 24 2 7 11 15 25 66 73 35 3 90 133 10 5 1 1 4 9 1 8 4 4 3 90 15 13 119 45 5 14 26 2 2 110 1 15 1 8 1 xim-4 - 85 9 15 16 26 2 7-- 6 2 10974 110 32 32 4 a 32 5 6 8 2 84 3 7 138 350 34 14 6 8 2 84 3 7 138 350 32 13 26 26 6 6 6 8 Commodity Index 8 2 'ft 7 138 350 33 13 26 6 4 NEW YORK July 22 — The Associated Press weighted wholesale price index of 35 commodities Wednesday advanced to 7708 Prevloua day 7869: week ago 7611 month ago 7382 year ago 7239 Range ot recent years: 1933 1934 1938 1935 7817 7868 7494 §923 High 7184 7131 LOW 61 53 (1926 average equals 100) 8 —' 75 9 8 Analytical Study of 4s57D rsu MOUNTAIN CITY 478D COPPER 55 106 974 Norln P8 4s70E 103 UKia 5a so 104 107 Pac PAL 5a 55 101 PeoOs LAC 4s81Bl 95 106 Ph a El P 5Ua 72 112 23 'A PbSNIll F 103 4s81 27 27 27 91 95 sZr fllU 49 Pg 8 PAL 98 98 i do Dl 37l 87 50 86 68 68 68 8E PAL 6a 2025A ZI1U7I1U7 109 109 109 So Csl Ed 50 751106 1105 13 13 13 41 Std CAE 6s35cvt 81 14 14 14 271 79 Std PAL 6S 57 7SU 23 23 23 Toledo Ed 5s 62 6107ll07 99 99 9974 Utah PAL6s2022AI 10102 1101 47 47 47 102H 1°2 FOREIGN BONDS 99 99 99 Bu A Pr 41 39 41 101 47 StB 74 74 74 20 20 20 is2 g?8 Ger C Mun 6s 471 i? Total atnek aalea WeHnu4av sii nnn IV §i IV shares year ago 168940 shares total bond sales Wednesday fasnnnnn 85 88 8g ago $4143000 99 99 99 84 84 84 10 103 103 101 if 101 & 10144 101 ry EPORT 98' 4s5s 3s Includes facts and figures on history earnings and operations production costs development and ore properties capitalization financial condition price range and outlook uE L 82l 7s Comflimeotorj eofitt ur ' 24 12 101 3 76 8 2 21 63 13 6 87 101 46 10 25 14 80 76 101 63 15 45 25 79 87 78 78 76 2 Banks and Exchange To Observe Holiday 63 15 46 25 80 87 78 78 4 78 2 78 JAHOGLEOa XikMUkU 191S MtMHSJ Mir roH rtoct homvcs 1st Anfltt IfMjJuhmf Csjns) 132 So Main Xir- -J "iiiu:to SAiitiniL Salt Lasx There Is No Substitute for Protection in Strong los Awsaiss) Ian Ontosj Oodin ZC ML WE Stock Companies OFFICES usuaL 8207264300 Tuesday bank debits sams day last ye ar 222549300 Wednesday bank clearlnga2391 34825 Barn day last year Holiday Insurance Wasatch BtrtaLT Hnxs 1 L Bank Gearings Ml W Bank Stocks Western Bldg & Loan First Security Corp AND SELL Ogden Utah Power Lght 7 Pfd Utah Power & Light $6 Pfd Utah-Idah- o Sugar Pfd and Com Amalgamated Sugar Pfd and Com CONTINENTAL AGENCY COMPANY I PVRCBlt President Was 3S3S Sit Boston Bldf 'PHIL 4144 8 Salt Lake City banks and other financial Institutions and the Salt Lake Stock exchange will be closed 24 in observance of ago 930' Friday ago 88758000 two years Pioneer July a day legal holiday year ago 818727715 Brokerage houses with eastern 4iioaauuuu connections will remain open as 61 1-- Under better support stocks like Electric Bond & Share United Gas American eyanamld B Bunker Hill & Sullivan Creole Petroleum and Lake Shore Mines ended with moderate net gains Sales totaled 333000 shares against 340000 Tuesday 49 HI jr Con GELBa 4a 81 Cont CAE 5s58A Elec PAL 5s 2030 Ho LAP ii os on j ind PAL 5S 57 A MCCord R 6l 43 nt PAL 58 2030B1 Nev Cal E 5a 56 Nw EneOAE 5s 501 NT PAL 4 Us 67 33 94 35 107 107 71108 i43 2 4 4s 5s nz ihhkow r4a Ed GO 57 A 3 82 20 4 4 8 United Gas 8 52 U Lt A Pow J L 8 35 8 1 1 1 Utah Apex M Utah PAL pfd 1 75 75 1 1 Walker Mln 1 9 West Air Exp 4 9 8 9 8 Wright Harg DOMESTIC BONDS (Bales In 81000) Ala Pow 67 do 5s 56 Alum Ltd 5s 48 Am O E 5s 2028 Am Rad 4 Us 47 Am Roll M 5s 48 As Elec 53 Bald Lo 6s38 ww do 6s 38 xw Chi Dlst E4s70 ChlPnTool 42 Comw 5 4 2 3 28 10 7 85 12 - 18 219 25 1 the wavering wake of the big market Wednesday ending with- a few fair sized losses and a generally irregular tone Some of the conspicuously soft spots with declines ranging to 3 or more points were Royal Typewriter at 62 Aluminum Company of America at 134 Gulf Oil at 89 at 138 and Sherwin-William- s As offsets to the generally ragged course were such gainers of a point or more as Babcock & Wilcox at 92 E W Bliss at 20 8 Eureka Pipe Lines at 40 Pittsburgh Plat Pratt & Lambert Glass at 126 at 31 and Masonite at 97 Several of the active leaders were on the minus side for fractions or more at the finish American Gas & Electric lost at 44 Vi Newmont at 90 and Niagara Hudson Y at 3 4 Curb Spends Irregular Day 4s 5 1 13 54 Trans-Lu- x 23 5 d NEW YORK July 22 US)— Curb market shares wallowed along In 2 174 63 44 107 20 19 O 113: 23 64 44 108 675 20 Close 134 6 34 44 6 2 10 Gold Teck-Hug- h 12 106 M 1 101 Tj 3 105M 2 Fran Singer Mfg Std OlhOhlo Sunshine Mnr Technicolor 15 64 97 34 17 10 67 10 B Ford M Sherwin-Wm- s 6 1 1 Excello A AT Flsk Rubber Fllnkote Ford M Can A Hud Bay M A I i Humble Oil Ins Co N Am Internat Pet Ital Superpow A Lehigh CAN Nat P ftjt-pf: Nat sue Ref New Bradford Newmount Mln Nlag Htid Pow Nlag 8h Md B Nlplaaing Mns Ohio Oil pfd Pac G A S 1 pfi 1 Pennroad Phoenix Sec Pioneer Gold Premier Gold Pug 8d 5 pfd Selected Indus Shattuck Denn 6 72 do Dfd Equity Corp Holllng 11 22 38 107 16 40 29 11 Electric Shar Ford M Ltd Gulf Oil Hecla Mln 111 20 70 31 30 78 Cord Corp El Bond A 8h do pfd 8- do tfd 5 do Low ISaleal High 2507 1367 35 36 14 45 50 113 7 24 35 2 101 2 28 13 7 54 3 2 25 20 3 5 3 4 150 822 10 Colt Pat F Col G A E pfd Comw A So war Con cop Mines 16 1027 102 102 42 78 77 U 77 5 107 107 107 97 148 147 148 10 99 29 92 8 91 79 78 15 84 82 82 4s Braill 9 29 74 80 62 105 FOREIGN BONDS (Sales in 81000) Abltlbl PAP 5s 53 24 55 54 1 nilllUtlUlB IS 43 A 9 974 Arg 6s 81 Feb 3 101$ 101 Australia 5s 55 4 107 107 do 58 4 101 101 Belgium 7s 6 106 106 Berlin Clt E 6s 55 5 23 23 6s 40 5s 53 20 43 24 104 69 21 4s 47 ao 41 69 Unit Drug 5s 53 Utah LAT 5s 44 Utah PAL Ss 44 Utll PAL 47 ao os vo Vanadium fta it : VaASW con 5s 58 18 13 1974 r Pac 1st Peru 7s 59 Poland 8a Sn — z— Rhlns West 6s Zen Rad 3 Rome 52 Zon Prod SaoPaulo St 7s Toklo Total sales Wednesdar 1453350 shares: Toklo Clt El Lt 6s previous day 1582940: week ago 1978-24- 4 Tnl I year) ago 1305690 two years ago 1348080 January 1 to date 283434 two years ago 573000: year 794 year ago 145979488 ' 26 15 32 17 33 26 27 5s 8 17 Ovd Vanadium — w— Oil 11 167 01 3 50 2874 13 611081 2 110 31 31 Tmrni 2 8 R A 8 Rub do 1st of U 8 Bm Rl U 8 Steel do Pfd Utll PAL A 7U 191 19 U 0 109 StL 8F 78 ao 4s mi a 8t P M A M 5s 43 Skelly Oil 4s 51 Sou Pac 68 do 81 ' do Ore 77 sou Ry con 5s 94 8WBell Stude 6s cvt 46 Tex Ft 8 50l Tex Cor 5s cvt 44 TexAPac 5s 80 D 4s4a 4s 36 64 19 Ind Al 8 Lea A B7 20 11 31 U 8 U S 23 29 134 26 92 25 20 44 24 104 69 21 Swift A Co Swift Int Symington 561 4s 39 Unit Drug unit v DI T Ullll T run 7 4Unt O I "4 tin a v a 39 35 2ill2llll 17 Unit Bis Unit Car Unit Corn 46 13 20 102 24 93 18 35 :5 15 36 do pfd 8td Oil Cal Std Oil Ind Std Oil NJ Stew Warn Stone A W Transamer Tr A W A Tri C Corp Underw Ell Un BAP un carb Un Oil Cal Un Pac Un AL vtc Un Air C u 11 48 4 a ct jvicn 2 Tex Con Tex G Snl Tex PL Tr Thom Prod Tide W A Tim Det A Tim R B J9 122 R RemRand Studebak 53 40 29 4s 4s do Dfd 7 173 39 Vt 38 16 17 14V4 ao 4m 7n Phil Co 5s 67 Phil Elec 4i 71 PitAWV 60CI Port! O E 801 Postal TAC Ss 53 8perry C Splcer pf A Splgel M 8 Std Brandsl Btd (J E 7 175 82 PenRRgn4s81 sou Pac Sou Rv Mi mill Pen PAL (Sales in Hundreds) 104 105 on the STOCKS 88" 77 17 21 5-- Is a list of Wednesday's transactions ew lorn euro exenange: 97 IT 4s '1 105 114 3 6 105 15 86 NEW YORK July 22 1ST— TJ S government and high grade corporate bonds displayed independent strength in the listed market Wednesday while issues that usually re? fleeted stock trends were a shad " ' lower ket Coffee steady better Brazilian Trading in the federal department markets dropped sharply from the previous day but without effect on prices Chicago Fourteen of the 21 active Issues corn Wheat firm influenced by of a point high to closed Corn strong new heat wave Cattle steady to 25c lower er five were unchanged and two top were a shade lower Sale's amounted Hogs steady to 10c up to $1250000 against $2120000 the $1105 day before What the Stock Market Did InvestmeDraUngs in tne corpo a similar Wed Tues rate 408 250 Advances course Fractionally higher prices 250 447 Declines were paid for Anaconda Copper 193 175 4 Vis Santa Fe 4s Bethlehem Steel Unchanged 4 "4 s Great Northern 4s and Inter851 872 Total issues national Cement 4s Gould Coupler 6s bounded up 7 points to 110 Elsewhere the trend was spotty A number of rail liens that have L J distinguished themselves by moving steadily upward over recent weeks turned soft under profit taking sales and the industrials and utilities moved along haltingly 111 105 101110 106 104 11 211 14 MontPow rfg 5s43 2 cvt 8s 44 NYC 29 ao rr 2013 861 do 4Ui 2nti 1 46 NYNH AH 67 33i 30 no Am Co 5s 61 N Am Ed 5s 69C 4 Nor Pac 6a 2047 26 ao 41 87 3 ——41 — — Ore RRAN 4s 46 KKIN 4S 61 do pfd Sll K Coal Himmona Snider Pack soc vac Sou Cal E 674 55 4s 5s - 112 8 KC PAL 61 M McK A R 50 Mo Pac 5s 77 F ao gen 4s 75 oervei 18 421 mi si 5s do deb 20 129 L 8 F ao pra D Schenley 95 147 22 Int Paper Int TAT vx4s39 - St Shattck FO sneii un 86 40 45 5s 47 Ill 113 61 5s47 111 112 33 Gen8tlCast 5s49 Goodrich 6s 45 Good TAR 5a 57 Gt Nor 77 E Safeway 8 8t Joe Ld Sears Roeb Sec Nat pf 71 Al 70 W4s36 Gen Cable r 4 5s rfg os D A R G Rem Rand Keo Mot Repub Stl do cv nf Rey Tob B 9 104 97 102 110 92 115 48 6s 40 Radio 36 SUi d O Froc at O 15 001 Erie rf 5s 67 ao rr ss 73 Pub 8v NJ fu man Pure O Purity Bak —K 72 u uas as 122 89 57 78 151 105 301105 do ad I Ha 2000 CANW cv 4s49l Colum G 5s 1961 ComlnvTr 49 ConGsNY 4Ua K1 ContalnCor 6s 46 'i pressed Btl Car 129H 17 51 98 37 114 7 113 2 112 realizing checks lengthy advance rails unaer Bonds irregular pressure Curb mttea utilities nrm Foreign exchanges easy ster ling lower Cotton lower Wall street ana hedge selling Sugar higher steady spot mar Stocks heavy Curb Dealing In New York 82 75 An A U m v Id 30 AnaconCp Arm Del 4s 55: A T A 8 F 4s 95 do 5s 65 Close 97 92 114ftl4 17 108 108 11 CBAO run nour 21V4 37 20301 5s 4s 4a 153 Low 49 451 AmRolIM Am rV4s 431 ao col 5s 46 Can Pac 60 ao 4S perp Pao 5s 60 do 1st 4s 4fl CI 28 Alleghany ao as 49 do 5s SO AAFPow 5s AmlGCh Cen Phelps Dod Phil R Phillips Pet Pierce O pf 14 74 38 97 29 21 82 21 76 34 113 56 114 New York Federals Gilt Edge Holdings Bolster Bonds divisiort-Jfoliowe- 28110224110220110223 IBaleslHighl Certaln-t- 25 251103 1641101 121101 101101 12 1291101 121101 10110112 CORPORATION BONDS (Sales in (1000) 5a 44 DTK Pfeiffer Br 681 4 B A O rfg 5s 95 ao cvt 4 wi nn Beth Stl 4 Us 60 Penn R R 19 113 42-4- 281103 OWNERS LOAN 4s 44 39 Park Utahpf rathe Film Patlno Min Penney J C aus NEW YORK July 22 (AP) — Coffes was Irregular Wednesday with July under pressure of liquidation and other positions relatively ateady In sympathy with steady brimarv markets Trading was limited Santos opened"-points tower to 31 points nigner ana 4iosea 6 points lower to mint hlKher Bales 9500 7 opened No unchanged to 10 points lower and closed unchanged to 7 points lower sales 773U mnBlnar nnnUlUn flantna Tulu Q Jf September 8 81 December 681 March! no 7 July 4 in He eso May tember 451: December 486: March 47 Bpot coiiea nrm: Samoa 4s u urn sue c i mo is 45 40 251103 1038 1033 1036 1011045 1045 1045 202 52 A 49 2s 2s ii 1107 do 2d 574 3s 1102 1123 Averages faraffin Coffee Market you Federal Building and Loan Association Account earns 4 dividends Your account la permanently Injured up to $5000 and you always have convenient withdrawal privilege Measure your savings dollars now See bow much they u tut yuu "! FARM MORTGAGE HOME 868 es Para Pic do 1st pf - Montreal Silver December 1117 1117 1044 — p— Pac G A E rac Lta Packard M 131 3s FEDERAL 47 49 64 117 rr Or 01 Ow-I- 3s 3s 1116 St OtiB MONTREAL July 22 (AP)— Silver futurea closed easier lu points lower no sales SeptemClosing bids July 4443 447a I!!!!! 3s 3s 3s 3s 3s 2s 2s 2s 2s 1005 TIKLD BONDS Ohio Oil 29 vniiAwina br 9 676 704 635 422 uuver Far utis Elev Con Oil Con Text C Ban A do B Cbti Can C Oil Del Roll Kod 922 400 98 III!!!!!!! NY Air Br N Y Cent NY Chi st StL pf NY Invest NYNH it H NY Shlpbld N Y Steam $7 pf N Am Avi Nor Am Nor Pac Congo Na Con Edls East 993 998 845 646 102 9 1018 1022 (Furnished by J A Hogls Co New York stock exchange) members Low High Close 20 indust 16806 16399 164 f 74 20 rails 5344 5266 5290 off 54 20 utlls 35 45 3485 3503 off 19 40 bonds 10359 up 14 §4 Ml 166- j Dow-Jon- 14 28 47H L0W 10 1936 low 101 kik ixx low 1JP in?s m bv 1932 low 177 93 10l 13 East South Temple Salt Lake 237$ Washington Avenue Ogden 'I! 3 Rohn Alum -- day Month ago Year ago 1936 high -- 17 high low low Previous - do' 6s pf maw ivnox 869 878 784 458 hlKhl01 1 low n- 21 31 O t NEW YORK July 22 (API—Coffee — o 7 8: Santos No 4 spot steady mo Cost and freight offerings 9ft ?9 Included Santos Bourbon 3s and 5s at 890 ft 910 Rio futures closed steady unchanged to 7 lower July 446n: September 4 Sin: December 46An: Mitrrfi 472n 8antos futures steady 6 lower to 1 mgner J my s ion September BBln 4weaioer obi jaay BVA n— Nominal 31V4 S5V4 374 — nrires at NEW YORK July 22 ( AP) — Lead and zinc xuiurea ciosea auu no sales NEW YORK July 22 (APV-Coppero ruin spoi ana iuiure export— Tin Steadier spot and nearby 4400 0 4412: future 43104320 Lead— Steady: spot New York 460 ® 465: East St Louis 445 Zinc — Steady East St Louis spot and luture 4BU Iron aluminum antimony quicksilver platinum and wolframite — uncnangea 1936 1935 1935 1932 1928 Vi 44 Metals and Money — Coffee 7 NEW YORK July (UP)— Elec tricity production expanded more 106 00 104 00 za 2? 122 36 6 do pfd Barnsdali Beech N P Held Hem Ben Aviat Ben Ind L Beth Stl Col Col Col u 88 33 4 — n— A - 71 Bald Bait Ml 22 13 74 21 26 87 Stocks NEW YORK July 22 (AP)—Following are Wednesday's high low and closing by the Associated press) 30 15 60 IS Induat urn Rails Stocks prices of bonds on the New York stock -- 2 - 4 -- 4 Net Changs exchange and the total sales ot each bond: Wednesday 898 384 518 673 Previous day 90 2 62 0 389 677 U 8 GOVERNMENT BONDS Month ago 874 361 648 l91 (Dollars and Thirty-secondYear ago 25 0 32 6 638 463 (Sales In l6oO) T vuz 39 iv tn nign 521 677 30 2 1936 low 734 434 557 1935 high TREASURY 763 312 4476 561 49 5 1935 low 185 21 348 Close Low ISalesL Hlgn MOVEMENT IN RECKNT 33 T 5 23916 43-4- 5 II 10725 10110728 10725 1577 1843 i£v niKni4ov 3 1135 1132 1135 1927 low 93 3 61 6 jaa 618 618 S4-- 445-5- 6 76 1118 1113 1118 s 43-4- 7 41 1088 1084 1088 41-4- 3 Mh 1 10822 10822 108 22 Bonds 41 310825 10825 10825 44-4- 6 (Compiled by the Associated Press) 16 10718 10715 10718 46-4- 9 20 10 10 10 57 10527 10524 10527 49-5- 2 Ralls Indust Util Torn 75 10527 10526 10526 Net chana-- 1 1 3s 46-4- 8 25 1051 1051 1051 91 Wednesday 1035 39 10413 10412 10413 696 3s 51-5- 555-6- 0 Previous day 938 1035 1027 31 1029 1026 1026 1028 696 45-4- 7 102 9 1019 13 10319 10313 10319 atontnago 700 Year ago 48-598 1 5 T 813 98 77 10130 10127 10130 688 1936 high 51-5- 4 943 1041 1029 720 19211014 1012 1014 (Compiled 3S 40 135 36 Quotations niM t 3s 140 14 140 170V 169 100 100 11102 V 101 8 Anaconda Arm III do pr pf Atch TA8F Atl Refiu Atlaa P do pfd Auburn A Aviat Corp NEW YORK July 22 (AP)— Bar sliver —Quiet and unchanged at 444c are the bid and asked quotations furnished LONDON July 22 (AP) — Bar silve-rby the New York security dealers on New York bank and trust company stocks traded Barely steady lower at la'fta tster to 4439c) on line eaulvalent an over counter the basis: price Wednesday Bar gold — Advanced ld to 13SS lOd BANK AND TRUST (sterling price equivalent to $3489) The Bank of England today bought Bid Asked 1708178 In bar gold Money ana discount rates— uncnangea 34 Bank of Man 32 Bankers Tr 66 68 Inspir Cop LONDON Cen Han Bk A Tr 129 132 July 22 (AP) —Cornel 13UB Ml Standard spot 37 pounds 17s ed future 46 Chase Natl 48 9rt bid 38 42 3s spot Chem Bk A Tr 65 pounds electrolytic 674 42 2s asked 6d Cont Bk A Tr 20 V4 pounds 19 pounds Tin — Spot 187 future 191 pounds 337 342 Guaranty Tr "18 17 pounds — Irving Tr Lead Spot 18 pounds 12s 6d future 4914 Manufacturers Tr 51 13s 9d Natl City 41V 434 18pounds Zinc — Unchanged INSURANCE NEW YORK Julv 22 (AP) —Call monev 53 ft Aetna In 55 ft — nieaay i per cent ail aay 9 Bait Amer 10ft mme commercial paper — m per cent Carolina 30 ft 29ft! Time loans — Steady 60 days-- 6 months 32 34 Frank Fire H4 per cent offered Home Ins 36ft! 38ft ankera' acceptances — Unchanged Natl Liberty 12 Rediscount rate —New York Reserve U 8 Fir 52 54 bank lVi per cent T 7 12V 27 23 PAL Lnc do pfd V 22 H 22 1700 6000 N Y Bank Stocks vru7 vnnir 37 Am Metal peak levels and reflected continued improvement in heavy industries 10400 41 4 inter TAT lilt 3 12 136 r do So pf Am RASt S Am R M Am 6m A R Am st Am Huj? R do Did Am Am Tob ' do B Am Wool do pfd Am Wool 13 Cloeef Cbg 210 210 48 U 47 Loeo Am M A F Am Net J Low 21 4Va C A C Alcoi A F P It was the fourth consecutive full week in which output attained new Is What It Earns With Safety aav In a Every dollar Insured Safety Can Am Am Am Am Am Am l' 13 21 114 D Mfg showed Wednesday 900 175 16500 The Size of a DOLLAR With Al c Al Ch than seasonally to a new record high of 2099712000 kilowatt hours in the week ended July 18 figures of the Edison Electric Institute Salt Lake Curb 5s TIME Power Production $3074 Utah Power Bid MASTER COAL STOKER ary of Anaconda Copper voted a dividend against previous quarterly payments of 25 cents The stock was up 8 at 52 Vi nt 2 90 Utah Fire Clay 56 Utah-Idah3 15 3 05 Sugar com 8 90 do pfd (new) 920 L $8 pfd Utah P 6850 7000 do $7 pfd 75 00 7550 Z C M I 54 50 5700 SALES 8 L Stock Exchange) (Trading Utah-Idah300 at Sugar common NEW YORK 22 (AP)— Crude rub18 875 Oil Refining ber futures cloeedJulyfull 5 to 8 lower July Utah 1155 00 Utah Home Fire Ins 1642b 1647: December Utah Southern Oil September 160 1657b Smoked ribbed spot 1647n BONDS bBld nNomlnal 10300 Amalg Sugar 7s 37 10250 Holly Sugar 6s Ogden 5s 1930 1400 SLA 8 L Terms 6s 1935 5000 Hotel Utah 1941 10400 Utah-Idah- o 10250 Sugar 5a 4 —A— Adams Exp Aaama an Air Keduc Alaska J Alleghany Com Prod do pfd Coty Cr of Wh a transfers Crown Zel $510 Walker 200 at $180 100 at 1182 smaller recessions were Cubdo Am S 200 at $182 V4 100 at $185 100 at showing r General Motors at 70 Chrysler at Curtisspfd W $182 1A do A CURB SALES (After 12 Noon) 119 8 U S Steel at 62 Bethle Deere A Co Cardiff 100 at 45c hem at 53 Standard Oil of New do Pfd Eureka Standard 150 at 95c Del A H Mountain City Copper 100 at $740 135 64 at Can American at Jersey Del LAW North Lily 200 at 61c Consolidated Edi- Det Fd Santa Fe at 83 D Corp Sea son at 41 Aircraft at Douglas uome Min N Y Central at 39 and Ana Doue Air 68 P de N! Du 38 conda at do deb — E— Anaconda Wire & Cable subsidi Rubber Sold on FHA Terms 'salts' High Borden six-yeBorg Warn Brigga Mfg Brown nn Bucy Erie Budd Mfg Bulova w Burr A Men Co Byers sure — C— Z Ld Auburn proved a star performer Cal Cal A H holding a gain of 3 1-- 8 at 36 8 Camp Wy DO A following publication of a second Can Can Pac quarter statement disclosing1 a sharp Car A Gen J I reduction in net loss from the cor- Case Cater Tr Celaneae responding 1935 quarter Cerro de P Goodrich common lost 1 at 20 7-- 8 Certain-ton announcement of the company's unes at u Corp plans for a new stock setup The Ches Chi A NW preferred expected to benefit by Chi Ot W adjustment of arrears spurted 4V ChM8tPAP do Did to 104 Vi on a few transfers Ch Pn Tpf unrysier Public Demand coca uoiai Col Palm Reflecting greater public demand Col F at I for consumer goods gains up to a do Pfd 100 at 45c 800 at 44c Columbus Rexall 2000 at Spieel-May-Ste- rn at 76 Empire Mines 500 at 2 He Eureka Bullion 200 at Others ahead included Common Kentucky-Uta- h 1000 at 3c Socony-Vacuu- m Mountain City Copper 100 at 8735 100 wealth & Southern at 3 at S740 200 at 8745 200 at $750 200 14 X at United Aircraft at at 8750 350 at $760 200 at $765 300 27 at $750 100 at $745 100 at $740 Texas corporation at 40 At Nellie Meda 20 at 10c lantic Coast Line at 32 8 NationPark Cltv Consolidated 1200 at 22c Park Nelson 1000 at 2c al Dairy at 27 and American TeleSilver King Western 106 at 45c Tlntlc Lead 100 at 45c 561 at 45c phone at 170 Owens-Illino- is 700 at 46c "dropped oVi at Tintic Standard 50 at $510 50 at 153 Va Others few on Cardiff 8TOCK8 (Sales In Hundreds) Unlisted Industrials Raw Sugar —SAVES —SAVES —SAVES —SAVES NEW YORK July 22 W— The stock market stuttered Wednesday after its recent lengthy bullish duration With the list climbing barring only a slight interruption since July 8 some traders became a bit ner vous and decided that proif tak ing discretion probably was wiser at the moment than stand-pvalor while many of the leaders backed away fractions to a point or more a few of the merchandise motor aircraft and oil issues emerged with comfortable gains The rails were also inclined to debate the selling question but the majority finished slightly under water Favorable news of earnings divi dends freight traffic steel production electric power output and retail sales failed to provide sufficient stimulus to keep the market on the forward march Technical Forces At the same time Wall Street's technical forces were more or less encouraged by the fact that the decline was unaccompanied by any increase in volume They were inclined to view the reversal as "normal" in the light of one1 of the long-- 4 est upturns in the past seven years The Associated Press average of 60 stocks was off 4 of a point at 673 against an advance yesterday of 5 Transfers totaled 1453350 shares compared with 1582940 in the preceding session Chrysler forged ahead to a new top and a number of others registered high marks for the recovery shortly after the opening The motor leader and many more retreated later under realizing pres at 02 05 Hallfax-Tonopa- rarK Park Park earn Park Park Park 00 00 05 00 14 44 01 0114 89 31 01 0214 06 01 00 02 02 V" 02 01 04 25 01 02 18 V 57 01 92 0314 Bullion Gold 14 004 Premier Utah Ploche Bristol Plumbic Mines Plutus ' Prince Con Provo Rico Argentine Silver Klna Coal Silver King West Silver Shield Sliver Standard Wall Street Briefs 00VJ 01 01 01 10 09 00 '4 Hill Is Asked Markets at a Glance N Y Bond Stocks Bonds Averages Edward L Burton & Company Established 1S9 T7 |