Show JULY 24 1936 FRIDAY MORNING THE SALT LAKE TRIBUNE 18 Steel Stocks Stage Tardy Rally for Substantial Closing Gains Averages NEW YORK July 23 ( AP) — Following is a list of Thursday's stock transactions 011 the New York stock exchange: STOCKS lilt at !8ales $1000) High Low Net Close Chg tha heels of reports that next week's meetings of Important companies in this line would bring highly pleasing news to shareholders At the same time the labor situa- tion came to the fore with the announcement of the U S Steel corporation that it would henceforth beginning August 1 pay overtime to all plant employes Sales Expansion D a A (ha ataal In (Rales NEW YORK July 23 UP)— Steel atocks bridged a profit-takin- g gap in Thursdays market with a late rally that carried leaders in this department up fractions to 2 or more points a rv a nn t Merchandising shares refWting substantial expansion in sales attracted a following from the start Thepftup had substantial early advances and resisted realizing throughout Several specialties were also in demand as satisfactory second quarter earnings statements continued to flow over the statistical dam raising hopes of more generous dividends from some of the busier corporations A few rails displayed late provement but most of the motors and utilities did little and minus signs of fractions to a point or more were plentiful at the close The Associated Press average of 60 stocks was up 2 of a point at 675 Transfers totaled 1334350 hares compared with 1453350 Wednesday com-pan- at disclosed It was awarding vacations with pay to all workers who had been in its service a year or longer Goodrich preferred was a star performer getting a lift of 5 8 points to 109 8 a new high since 1929 as further optimism was expressed over the company's new capital setup' plan whereby arrears on the cumulative preference stock will be adjusted the same time 5-- 7-- 1 5-- Teck-Hugh- 1935 high 1935 low 102 92 40 98 87 8 76 4 45 8 low 1928 high 1932 lhH 101 Thursday Previous day 1 LUW-IIEL- t Loco Dfd Bait ft 42 2 100 5 Ill Ill Ill ' 5 assd O Dfd 6 110 3 112 3 - 2 10 2 s 39e Barnsdall Beech N P Beld Hem Bendlx Av Ben Ind Ln Co Best Beth Steel 5 nfd Blaw Knox Boeing Air Ho"n Al Borden Rorir Warn Briars Mfn Brown Shoe Buc Erie Rudd U1e Bulova W i M 2701 4l 171 28 47 Mi 31 V4 41 41 Claude Neon L Colt Pat F Colum OAE pfd Comw A Bo war Con Coji Mln 50 17 2 80 53 51 11 161 13Vi 211 32 101 29 V4 35 21 17 18! II 2 mmcordBondCorpA ?4i 3" 99 In Nick Rxcello 3VI UlVi V4 I OenJ Car Case J I VI Cat Tract Lehigh 68 21 d O Ches Ches Corp ca nw 19 107 110 31 36 51 43 24 81 Chi Ot W CMStPftP Dfd Chi P T pfl 1601119 Chrysler Coca Cola 5:112 1! 221 do A Colgate P Col ft Ir r Dfd 81 21 Col Q ft El Col P vtc Com credit Com In Th Com Solv Comw A SI 58 14 5 28 Rv nr Df Marsh Field McCa McCrory St McKea A HI do pfd Mengef Mesfa Mchi 9l- - 96 U 61 I V f 20 IV 20 18 29 24 371 16 a ion 94l LAC 15l lrtuu r 4a - Vi i?a 0 13V4I-2- 18! 89 37 12 Tt 109U 24 "4 94U 2l 5H 38 1 1 sss 37 I 18Vtl- 5a 1 8 66 9 3 46 2l "t -13 13 43V4I 44 27 28Vk 78 14HI- it3 - U 1 4? 14 as hedge against inflation GOLD SILVER Sunshine Silver King Tinb'c Standard Cerre de Pasco Howe Sound Americas Smellling U S Smelting stocks in the opinion of many bankers offer an excellent hedge inflation against METAL These men are predicting that within two years: a Gold will sell at $70 to 175 per ounce b The higher price of told will automatically increase silver and copper prices c The United States dollar will be devalued to approximately 25 cents Investors who agree that inflation is inevitable (and many do) are purchasing such dividend-payin- g metal stocks as those listed above UrePett& Morris Lot Angelas 1 Rey Tob 1 I Rutland pt Safeway St Shell Un K Coal Simmons Snider P 8oc Vac So Cal Ed Sou Pac Sou Ry do pfd Sparry C Splcer of A Spiegel M 8 Bid Brands Std do pfd Std Oil Cal Std Oil Ind: Std Oil NJ Stew Warn Stone A W Salt LaU BONDS Idaho Falls - 1' 11 2: OAE Studebak APR 47 83 Ua B A P Un Carb Un Oil Cal D pt Cent 4ia 86 111 meet a Via u Int Cement 4s 45 ini faoer fta 47 Int TAT cvt 4 Via 1939 111 do 4 Vis 52 do deb 5a 55 117a 104 J 964V4 Foreign Exchange 102 109 tVi NEW YORK July 23 ( AP) — European ware under aharn pressure in marketa again Thuraday foreign the COn frnm -- " Tr exchange KUa llUlt 12 04 4 105 V 104 1044 110lll0 1)110 1064 106 104 1U4 32 17 81 80 80 80 91105 103 105 804 86 Vi 86 105 Vi 103 80 V 86 1105 104I100 102 1102 102 34 78 78V4 1107 148 99 99 92 79 B4 V4 N T C cvt 6a 44 ao rrg 5a 2013 do 4 Us 2013 A NTNHAH 4 Via 87 N Am Co Sa 61 N Am E 5 Vis 63 os 37 A Nor Pac 6a 2047 aa 87 o ORRAN 4a 48 OWRRAN 4s 61 82 78 82 113 95 89 161 30 51106 1 104 1 103 151110 121109 4 Via 70 r 08 22 V4 135 27 83 8 14 10 102 13 83 48 17 2 18! 27V4I 82 8 14 t 102 82 U 17 ill : Terfl 5l 4s 6a 5a 5i UJilfWI 01 01 05 150 05 00 00 00 05 00 01 12 01 7 25 740 25 loo 40 00 00 10 01 03 65 00 08 02 22 02 61 00 06 01 22 00 00M 02 02 01 01 04 3 25 01 15 40 15 35 05 50 46 00 12 36 12 30 04 9 00 45 00 00 By Sugar Company DENVER July 00 02 04 06 01 02 01 00 01 01 OS 45 48 5 10 5 00 00 01 01 01 60 11 01 80 13 00 00 1 R5 01 Ot 09 12 By Idaho Senator 01 01 4ra uiiDimp MMlri Iwittl At TalndOO AOd 111 106 107 109 109 103 105 Si $ 7 40 4 1U 2 70 56 00 3 07 8 90 89 25 75 00 55 00 Bug pfd Amalg common do Con Wag ft Men Fire Clay ut Utah-Idah- o Sug com do new pfd Utah P ft L 16 pfd do 87 Dfd Z C M I ( 760 4 4(1 2 95 do 'vio' 9 20 71 00 78 00 58 00 INDUSTRIALS Bid 5i 57 63 A 3101 7 62 1 46 1 25 2 15 11 79 36 86 5 78 16 78 1 29 2 57 S 83 Thnreriav BONDS 575 9 90 457 194 1 72 119 806 75 20 3 22 1 30 1 93 25 66 7 00 i6'7t 467 2 10 1 89 129 2i'25" 3 32 1 38 5a 103 00 10250 104 00 103 50 10400 106 00 104 00 1400 5000 102 50 Bank Gearings Gain NEW YORK July 23 (AP) — Bank clearIn 22 leading cttlea totaled $5729 c 40700O tn the week ended July 22 Thla was Bradstreet cording to Dunn an Increase of 78 per cent over the $5315471000 reported In the same week last year " ings 1700 8000 iMONEY f0r to HOME- S- build modernize or refinance Wa make loans to suit your individual requirements Bring your problem to us and obtain the benefit of our more than fifty years' experience in the financing of real estate 101 Investigate our rates and terms 46 46 Poland 8a 50 25 25 Rhine W 8a 65 15 15 53 R da J 79 79 52 Rome 87 88 Sao P St 7a 40 78 78 Tok City 5 Vis 61 78 78 Tok El Lt 6s 63 29 29 U 8 W 8 Vis 51 A 57 57 Uruguay ss 4 S3 83 Yoko 6f 61 19 048 000TntaJ HAnit nlii $11438000 week ago $14' Srevloue day year ago $10385000 two yeara ago January i to aaia l7juuu 000 year ago $1883100000 $1997 287 two yeara ago $3216775000 6i 6s 6 32 4ttu Commodity Index MH U ' holiday 228297632 270¥eu u 62 349 179 2411 Aaked $2050 NEW YORK July 23 (AP) —The Associated Preaa weighted wholesale price Index of 35 commodities Thursday advanced to 7736 The prevloua day It waa 7708 week ago 7688 month ago 7393 year ago 72 34 Range of recent yeara — 1936 high 7817 1936 low 7131 1935 high 7868 1933 1934 high 7494 1934 low low 7184 6163: 1933 high 6923 1933 low 4144 (Tha 1926 average equala 100) MA 101 B Maryland Fund Nation Wide Sec do vtc Quarterly Inc Shra Stand Utll Inc Super Of Am Tr D U 8 El L ft P A do B do vte Aaked I Utah Oil Refining Utah Home Fire Ins Utah Southern Oil L Bank Clearings Panama 5a sta asd 4 all 2 86 2 76 Trust Fund Investors Inc Fund Tr Bhra A Salt Lake Curb BOSTON July 23 (AP) — Following are tha aalea high low and closing prlcea of atocks traded Thuraday on tha Boston stock exchange: IBaleal High I Urn Cloaa 68 10 67 Boston Kiev 8 8 417 Copper Range 13 Eaat 8 8 180 13 165 97 165 Edi Xlec 111 21 175 21 Employers Gp 1 1 430 Isle Royala 123 106 124 New Eng TftT 20 140 21 Old Colony R R 1 1 100 Qulney 99 150 09 Torrlngton 88 818 89 Unit Shoe Mch 70 800 72 Utah Metal Total Boston stock aalea Thuraday 23 179 aharea N H El $19 00 do A A do A A mod Bhra Dividend $307 rower ana Lignt $7 prd l at utan S7450: 20 at $7525: 3 at $7500 CURB SALES (After 12 noon) 30 at Utah Power ft Light $7 Dfd $7525 Boston Stock List '' Bid I SALES (Trading Bait Lake stock exchange) at 500 Suaar common LOW Wednesday bank deblta Same day last year Thuraday bank clearlnfi Same day laat year Investing Companies NEW YORK July 23 (AP)— New York Security Dealers' association: Utah-Idah- Amalg Sugar 7a 37 Holly Sugar 6a Ogden 5a 1930 YORK NEW July 23 (AP)— Following s L Terms bs ivso are tha bid and asked quotatlona fur Hotel Utah 1941 nished by the New York aecurity dealers Utah-Idah- o Sugar 5a on New York bank and trust company stocks traded Thuraday on an baals: BANK AND TRUST Asked Bid 34 32 Bank of Manhattan 65 Bankera Trust Cen Han Bk ft Tr 133 130 48 46 Chase National 68 66 Chem Bk ft Tr 20 19 Cont Bk ft Tr 337 342 Guaranty Trust Irving Trust 11 iS Manuf acturera Tr 44 42 National City INSURANCE 55 63 Aetna Ins 8 10 Bait Amer 34 Frank Flra 32 3B Home Ina 11 10 Natl Liberty 4 U B Fire 52 S high-grad- Corporate 457: 94: D'ALENE Idaho July James P Pope who is vacationing at Hayden lake said he had urged President Roosevelt the federal trade commission and the customs service to increase the e zinc importatariff on tions He said the tariff would protect the market for north Idaho's mines Pope is a Democrat COEUR 23 UP) — Senator Bullock Fund Can Inv ""ind Aaked Bid (—Directors Tariff Urged Zinc o? 177U 23 of the Great Western Sugar company announced Thursday that dividends of $175 per share on pre ferred stock and 60 cents per share on common will be paid October 2 to stockholders of record September 15 00 00 r Dividend Declared 05 3 60 00 Unlisted Industrials BU 113 93 111 106 00 00 01 02 1 47 01 9c N Y Bank Stocks P T A T 5a 37 PPALt 4Via 81 PRR gen 4 Via 81 aaa York presumably In consequence of the continued political dlaordera in Spain and general tension In other countries The weekly atatement of the Bank of France revealed a further moderate gain dui me im In gold reeervei nj-a 00 11-- 1 6 of a cent In New York or to distance of the level rint withinIt atriklng to would be profitable ship at which the viiow metal from Parla to outside centers — in cents rirat naritatn in Hoilara other — '— o i irTL anion ucniciiu France y bills 500 6 6 cables 681 Italy 661 demand 7uu caoiea ivu Belgium '1888: Germany Free 4025 registered 5260 traval 2625 Holland oo Dweucu 67 vo worway xda Denmark 2242 Finland 222 Switierland Pnrtueal 19 70 flinain iota Caecho-SlovakPoland 1896 Greece 231 Aus 415V4'! Jugoslavia Ru nominal 1990: tria 1890 Hungary mania 75: Argentine - H3i nominal Hall A79U nnmlml- TokVO 2930 MexShanghai '3018: Hongkong 3175 ico City 2785: Montreal in New York In York Montreal New 10003 9996 New McK A R 5 Vis 50 aao rac os 77 F do a:en 4a 71 Mont 1? rfg 5a 43 6a 1 Transamer Tr A W Air Trl C Corp — IT— Underw Ell Unit Fruit Unit O I ie Con Oaa NT 4 Via 1951 Container 6a 48 114 It 32 Tax Tex Corp Tex O Bui Tex P L T Thorn Prod Tide W As Tim D Ax Tim R B un Pac Unit A L Unit A Corp unit his Unit Car Unit Corp Unit Drug-Uni- t Can N Ry 4 Vis 57 do 5s 68 Julv Can Pac 4 Vis 60 ao ea perp Cent Pac 5a 60 do 1st 4s 49 Certaln-t- d 5 Via 48 v 0 gen 4 Via 82 CBAO rfg 5a 71 A CMBtPAP 5a 75 do adl 5a 2onn CANW cv 4 a 49 W a T in Columbia O 5a 61 torn inv Tr a Vis Jw Shattck FO Swift A Co Swift int 105 97 103 114 "7 - Bt JOS 1X1 8t L 8 F do pfd 8t L Sow D Schenley Hears Roeb Sec Nat I do pfd Serve! Symington —T— K 11 08 4u 11 98 103 H 114 01 02 10 20 - 03 09 12 na liov 114 109 112 Phila Co 5a 67 — Most of PWVA4Via 60 C HUVti BOSTON Julv 93 oen E 4 Via 80 72 the moderate buslnesa In wool on the Boa-to- n 304 market Thursday was In the varloua P T A CR 5a S3 flna western grown lines Average typea of twelve-month 12 107 Texas wool brought Rem R 4V4s 56 to good 107 2 85 6 87c acoured baals whileJust ordinary Rich 0 6s 44 ct 3V 38 Fine territory clips moved at 83ej85c BtLSF 4 Via 78 wools In original baga were aelllnf occasion19 21 21 4a 50 A 2 24 23 ally at 80® 82c acoured baals for ahort rrencn comDlng lengtna ana n 5 98 Skelly Oil 4a 51 98 French combing So Pac 4 Vis 68 21 91 for average to good 91 87 91 3Vis 81 81 leiigxna 41 97 8 P 4 Via O TT 96 80 Ry con Sa 94 18! 104 104 Flour SWBt 3Vis 64 81 107 107 MINNEAPOLIS July 23 (AP)— Flou- r- 8tuda 6s cvt 45 7 cot- - Swift A C Carload lota per barrel In 34 a 50 29 106 xue sacKs family patenta iu nigner 71U 10 higher 653 T Ft 8 5Vis 50 750 atandard patents 6 108 106 106 Oa itOI 14 T ahlnma 19 101 Tax v os cvt 44 101 101 Pure bran — 25 0dej( 2550' Un Pac lit 4i 47 22 113 113 81 IV U 8 A F 4S 68 8 103 103 8 18HI 1? Un Drug 5a 53 U S Gyp 18 1U1 101 U L A T 5s 44 1 104 U B Ind Al 104 U 8 Lea A U P A L 5a 44 7 104 104 U 8 R A I Utll PAL 5Vis47 11 74 74 U 8 Rub h oa oh 8 72 71 V do 1st nfd U 8 Sm R VaASW con 3a 381 6 13 8 U 8 8teel 2 do Dfd 2 94 Warn Bros 6a 39 20130 32 94 U 8 Tob 1 west un os 51 3 105 105 Utll PAL Al 107 10 107 4Hs 50 6a 60 19 108 1U71UB 21 Vanadium 34 21 Vi 20 — W— FOREIGN BONDS Walgreen (Saiea In S1000) Walworth A P A P 5a 53 W Bak A 6sa 55 Antlooula 7a 45 A Warn Plct 100 100 west OAS Arg 6s 1981 Feb West Pac 1U7 Australia 5a 55 107 West U Tel 4 Via 58 101 101 106 Belgium 6a 55 westlngh A - 1 West 27 Brazil 6 Vis 26-5- 7 26 i:M 99 Westv Chl 99 Buanos A 56 White Mot 68 ea 61 ita 68 Wh RMS 169 Canada 4a 60 S M Whit Chile 7l 42 Wllan A Co Col Aa 81 Jan 23 Woolworth 99 Copenhagen 5a 52 48 Wrigley Jr 47 Cuba 6 Vis 43 V 102 102 S3 Denmark C V 99 88 62 Toung 8ATI 100 3 1001 100 56 Finland 162 V 162 French 7 Vis 41 Zen Rad 25 25 V O O I 65 Zon Prod I V 32 32 Gar Govt 7s 49 84 84 4k 7s 1951 Total aalea Thuradav 1334350 aharea Italy 99 96 prevloua day 1453 350' week aro 1474 Japan 6 Us 54 84 750: year ago 1337680 two yeara ago 63 41 3337620 January 1 to date 28478-144- : JC A T Ss BO ct 17 17 vear a 10 147317141: tan veara aaa Mlnaa Oar 6 Via 59 rl 121103 V 103 Vi 103 N I W 5- - B7 (AP-U8D- 811 COMMODITIES 95' Iil0ll06ll06' Wool Market METAL STOCKS STOCKS 88l 96l 113 112V4 A O r(g 5a do cvt 4Ua AO Beth Steel 4 Via 60I D A R O 4 V4a 36 D A R O W Sa 55 2H051A 105M 105U Erie rfg 5s 67 1I103I103!1034 do rfg 5a IS 1UU l'lOO 10O " 161 97 95 96V4 Oen Cable 5 Via 47 141 97 97V uen bu uaat iiVia 72 I 72 111 72 1949 111106 106'106H Goodrich Aa 45 T 5s 57! Goodyear 101103 103 103U ui Nor 4 Via 77 E 12l 51 20 Anaconda Xennecott Phelps Dodge 5s 26 SALES Bingham Metala 7000 at Cardiff 300 at 43c Chief Con 100 at 90e Fureka Bullion 100 at 18 c Horn Silver 96 at 122c Ul nA 1IIAA a Mountain Cliv Conner 100 at 1740 100 fltlll- Al 7S At £ 70u at 7 ou auu at aizo at X745 — xora new Lead tjieaay: spoi A nhln Conner 2110 at BC A CK Va Ill Tllla 45 ' Park Cltv Con 1300 at 22c 500 at 23c Zinc— Quiet East St Louis apot and suu at zzc future 1 H ne Hllvaa Vina waa quicksilver Iron aluminum antimony Tintic Lead 100 at 45c 300 at 44c — uncnangea wolframite and platinum inn m 4Aft Tintic HtandaM lOO at 1810 500 at Montreal Silver S505 1400 at 53UU -o o fU' waixer zuu ai aioSilver Ttllv 93 fiPl maTTTaaT CURB SALES (Aftef 12 noon) turea cloaed ateady unchanged to 10 high aeoo er no aalea Closing hide JUiy Mountain City Copper 100 at $725 Hv Onlneev 1 fWlfl at 2c September 4475 December 4505 Park City Con 500 at 22c 1500 at 21c 754 1124 113 05 03 06 30 00 (tl Rank-eraaccentancea — uncnanrea Rediscount rate — New York Reserve bank 1 per cent NEW YORK July 23 (AP) — Copper — electrolytic apot and future v ia Steady: rnnrt A4TU Tin — Barely steady: apot and nearby 77 96 S2 invi 109 59 ' 03 1 00 05 us t 21 03' 01 nun Alb P W 6a 48 Alleghany 5a 44 00 os e do 6s 50 Am A F P 5s 20301 Am IOC 5VI 40 Am R M 4Ui 45 Am TAT 5VS 43 ao coi ss 46 do Sa 65 do 4 Ma cvt HO Anaconda 4 Vis 50 Armour Del 4s t5 Armour 4 Vis 38' A T A 8 F 4a 93 03 05 03 02 07 35 02 03 92 v ya jl 02 02 02 02 01 04 25 01 02 18 57 01 Metals and Money 3a 07 01 00 19d 98l 46 nan 2ml if jyoii do 5a 47 McCord R 6a 43 Nat PAL 5S2030B Nev Cal E 5s 56 N Eng OAE 5a 50 NT PAL 4 Ma 67 Nor Ind P 8 4V4s 1970 K Okla CAE 5a 501 1I105I10I105V4 61 88 88 Pac PAL 5a 55 Peo Gaa 4 96 96 48 81 B Phila El P 5s72 1112H12 112 pub n N in 2il04Vi!l04 104 Vi iBi Pug 8d P A L 49 a! 87W BT 1 do 4UB 50 D Safe H W 4V 79 111107 VI107 11071 SEPAL 8a2025 A 106 1106 51106 60 So Cal S 3 Stand O at E 6a 82 82 2 82 CVt 1935 78V4 78 21 79 Stand PAL 6a 57 II 07 107 31107 Toledo Ed 5a 62 1103 1103 U 8 Rub 6Ms 39 1(103 1101 1A 1101 21101 tit PAL 8a 2UZ2A 3'107 hit ii'iTa Oaa L 5a 581 Vut 107 1107 41107 Wash W P 5a 601 FOREIGN BONDS in (Salea (1000) 21 21 Ger C M 7a 47 I l?l 22 12 12 Lima Peru 6s58 280000 Total itnck aalea Thuradav aharea: vear aro 212650: total bond aalea inuraaay 920uuuuu year ago aJ'ouuu 201108 52 29 Treasury J" 4IS!Pt2j!!1cl S?£?J48T3991: 14 A CAN Kon Oaa A C 02 06 stock exchange : ox eacn oona ji 5s 86c ill Ul h 75 the New un iviaj aaiea 34 02 02 31 01 6s Declines in two leading Issues featured trading Thursday on the Salt Lake Stock exchange Mountain City Copper dropping under the profit-takin- g invited by Its recent spectacular advance and Tin-ti- c Standard yielding under what looked like forced selling on a thin market Park City Consolidated advanced for the seventh consecu tive day but for the first time in week was unable to hold its gain Opening unchanged at $740 Mountain City Copper rallied to $790 only to drop back to $725 Volume totaled 1200 shares Tintic Standard opened at $510 off 5 cents and dropped to $5 Two thousand shares changed hands 1400 at the bottom price Cardiff declined to 43 cents off 2 and Tintic Lead to 44 off 2 but Tintic Lead recovered its loss Park City Consolidated opened unchanged at 22 cents advanced to 23 ahd dropped back to 22 with 2600 shares trading Miners Gold was a half cent higher at 1 cent Walker held all of its recent gain selling unchanged at $182Vi Chief Consolidated sold unchanged at 90 cents Silver King Western at 45 and Bingham Metals at 9tt Five hundred shares of Utah-Idaho Sugar common sold un Utah Power and changed at $307 Light $7 preferred eased to $7525 off 50 cents '06 01 ld k V PAL COPPER '00 05 - iiu Si 07 09 00 3-- Bond Quotations 2i 00 fair-aix- 8i Mayflower As Nat PAL New Bradford Nlag Hud Pow Nlag Sh Md B Nlplsalng Ming 24 Ohio Oil Dfd Pac OAE 1st pfd renroaq Phoenix 8ec Pioneer Gold 8 Premier Gold 8? Pug 8d 5s pfd Salt Cr Prod 7V4 SI Selected Ind 3V4 Shattuck Denn Vi 11-Sherwln Wms 138 80 Cal Ed pfd 38 8t Oil Ohio 33 334 13 Sunshine Mng 13 Technicolor 26V 28 Teck Hugh O 6 6V4 Trans Lux 4 4 8 8 United Gaa 8 Unit LAP A 8a Utah Apex M 1 I 78 78 Utah PAL pfd West Air Exp 9V 8V Wright Harg DOMESTIC BONDS (gales In $1000) Ala Pow 4 Via 67 ' 311 88 88 8814 1101 do 5a 56 41101 101 Am CAE 5a 2028 107 5!107 1U Y Aa 2!103V? 103 Am R M 5s 48 103 V4 A a Elec 81 62 62 4Ua 53 Bald L 6s 38 ww 101100 vi 100 100 181 9741 97 do 6s 38 xw 97 V Chi D E 4Va 70 3105ll05 105 uit Her sa en II 84Vi 84l 84V4 501 79 Clt S P 78 52 784 Comwl E 4s81 F 106 24'107 107 do 14 65 H 10105 105 1105 V Cont rj A B Sa 20 93 92 1958 A 92 Elec PAL 5s2030 881 88 88 V Firestone T Ms 42 2'103Vyi03n03V Hons LAP 4V8 101103 103 1978 D 11 Hygrade F 6s49 A 754 75 ill Pal OS 68 C 26H01V4 101 ind PAL 5s57 A 111105 105 r Mine Pioneer Gold Homeslake Mclntyre Porcupine A T A Internet Pet Ital Superp Celaneae Car de Pas nn pfd Com Ford M Can A do R Ford M Fran Ford M Ltd Gold field Con Gulf Ool Hecla Mln Honing Gold Hud Bay MAS Humble Oil 13T4I 111 A 8h Fllutkote 2841- - a Dome rr low-pric- I 00$ 0 NEW YORK July 23 UP) — A rails end utili- Big hui group of Bingham Metals ties scored gains in the Black Metala Bonanaa Mining bond while market Thursday Bristol Silver of active Bullion changes in the general jrn issues Were confined to minor frac- Cardiff Talisman cedar tions Central Standard Chief Con Although trading interest was Clayton Silver light U S government obligations Colorado Con Sexall kept pointing upward The majori- Colb Combined Metala to Crescent Eagle ty of treasury bonds closed of a point higher and indirect Crof f Point issues did about as well The high grown ai urown roini priced 4 14 s of lfe47 added another Eaat Standard 32 to its quoted value carrying it Eaat Tin Coal Tin Con to 11728 At this price the yield to Eaat Eaat Utah Empire Mines maturity is 243 per cent Bullion The relatively slight turnover of Eureka Eureka Lilly What the Stock Market Did $9048000 par value was attributed Eureka Mines Thura Wed in investment Eureka Standard quarters partly to the Gold Chain Advances 412 250 of two new issues They Great Western marketing Halifax TonoDah Declines 246 447 were $10000000 of Arkansas Louis Horn silver 188 175 iana Gas 4s at 98 Unchanged and $13827000 of Howell Indian Queen Water at par Iron King 826 Total issues 872 Indianapolis more company Declines of than a point in Kennebec Utah two Polish government Bonds "upset Kentucky Keyatone Leh Tlntlc the foreign department Italian 7s Leonora and French 7s were Little May Cuban Lead among others losing minor fractions Magnolia Mammoth to more than a point Michigan Utah Hill The Associated Press averages Miller Mlnera Gold were unchanged for the rails Indus Missouri Monarch Moscow trials and utilities The foreign Mt City Copper View Mountain low3 of a point and the NEW YORK Jlllv 23 Vnllnolnr group lost Nellie Meda 1 are Thuradav'a hlch low anrt elnatns- nptra yields declined of a point Naildrlver of bonds on York N Y 00 42 Aakad 01 01 01 10 09 00 00 05 00 43 Bid Alt Tunnei Am Met M Co Beaver Gold Cop tr pfd Fsk Rub 51 SI112 — K— Kayser J eauitv oi C Johns-Ma- U 2 165V4I- - 1 Int Salt Int T A Tl 137 12 do 6s do 5a 11I Inspire Cop Int Bus M lnt CemeM lnt Hy El A Vu tiar LISTED STOCKS New premier New Qulney North Lily U 8 GOVERNMENT BONDS No Standard a Ohio Copper (In dollars and ) (Salea In 81000) Rttlement prices at Utah smelters re- - park BingnamCon 11-13-1l Dy me American nmemng and Ke-- : Park City TREASURY 45 45 King company are: Lead 460c a pound: Park Konold 107 107 Park 3ales High Low vioc a pouna Cloae Park Nelson 5 s 47-5- 2 31117261 11723 11726 NEW YORK Julv 23 f AP) — Bar silver Park Premier Park Utah S 43-4- 5 25 107281 10724 107 27 — Steady and unchanged at 44 24 P oche Bristol a 44-5- 4 S 113 3 1133 1133 reg 86 21111110 1115 11110 Htl 43-423 (AP) — Bar silver— Plumbic Minea LONDON Julv 77 77 7 Plutus a 10810 10810 and 10810 Steady unchanged at (Starling Prince Con 2 2 a 1941-4- 3 19 equivalent 10 19 March 2 108 23 108 23 10823 price Bar gold— Declinedeajoc to 138s BVid Provo 7 Rico Argentine a 41 180 108261 10824 10825 (Sterling Plica equivalent to S3484) 36 36 a 6 King Coal 1 107 16 10716 10718 me ang 01 cngiana toaay oougni Sliver Silver King West 194 3a 46-4- 8 61 1055 1094 105 4 oar in luouotf pounaa 24 goia Shield 24 Silver 51-53a 4 10414 104J1 10414 2 Money ana discount rates — uncnangea Silver Standard 55-8- 0 42 10210 1028 102 7 Mines a 45-4- 7 10317 10317 10317 LONDON Julv 23 (AP)— Coorjer— Sioux 48-5- 1 Iron Blossom a 1 10131 10131 10131 manaara spot 865t 2 a 51-6- 4 va future So 84 pounds So Standard 26 2 101 41 1014 1011 38 bid 11 pounda Swansea Con pounds: electrolytic apot 11 17s 6d: asked 42 pounda 2a 6d 15 15V Baby FEDERAL FARM MORTGAGE Tin — Spot 189 pounda 10s: future 186 Tar 25 25 Tlntlc Central Aa 9 nonnda 6 66 Tlntlc 3a 47 1 103 24 103 24 103 24 16 pound! 7a 6d future Tlntlc Lead Lead — 35 35 Standard 3a 49 2 103 5 1035 1035 16 Ddnnda Spot 8a ftd Union Associated 84 1 1043 — vj Zinc 13 1043 1043 pounda 15s future 14 Union Chief Spot 8V4 pounda 52 H Utah Con HOME OWNERS LOAK Utah Met ft Tun —A nn 1 I XUKII VABV 893V1 Taaa ui a u unu -mu nrr— ivxwv Ut Wyo Con Oil A 52 132110224 10221110223 line futures — no Closed aalea quiet 15V4 2J4 victor uon 10110114 4? 10111110112 13 42-4- 4 Walker Mining 101 4110113 121101 13 NEW YORK July 23 (AP)— Call money West Toledo 2 — an 1 109 109 per cent aay CORPORATION BONDS Wtlbert nieaay rnme commercial oaoer — ea ner cent 32 Yankee Con (Balee in 11000) Time loana — Steady: 60-9- 0 par Zuma 4 days 1 IBaleal High 6 Low I Cloaa cent offered ' ll Can Pac Certaln-t- Curb Dealing In New York NIC W- Tflff K Julv 91 IIP! Fl!noilnff 110 7 Is a list of Thursday's trtinaetiona en Mm 107 9 New York curb exchange: 104 4 STOCKS 86 8 (Sales hi Hundreds I IBaleal High Low Cloae Dow-Jon- es Averages Co Am 134 135 (Furnished by J A Hogle A Co members Alum Am Cty PAL B 6 rew iora siock exenanger Am Cyan B 35 36 Hlch Low Cloae Am Gaa A El 12 44 20 ludust 16506 16346 16461: up 45 24 24 Vi 20 rails Light A T 5338 5254 5323: up 33 Am 2 20 utlls 244 Sup Pow 3522 3476 3513 up 10 Am A As O E A 1 40 bonds 10359 unchanged Atlaa Corp 13 do war 2 Ot N Ry pfl 30 39 38 Bliss E W 20 35 Vi 3541 5i S5 Ul V BUg Blue Ridge 3 — H— do cvt Dfd 5 4i 5 Hayes Body Bunk Hill A 8 81 sei At Ul 1110 1110 2Cent St El 2 39V4I 37 Clt Service 4 4's l!424Vil242V do Dfd 63 V 64 pr pfd A 8 F Bald 70 4 65 5 99 8 84 5 64 6 102 9 BUNLIB 2 2 0 9 Month ago Year ago 1938 high 1688 low 1935 high 1935 low 1928 high 1932 low Con Edison Con Oil Con Text SEW TOHK July 23 (AP1)— Haw lunar Cout Bak A do B unchanged Thursday at 370 for spots Cont Can with a (alt confirmed of 7000 bags of Puerto Rican for eecond half August ehlp-tne- Cont Oil D Corn prod level at thli Future- - advanoed a point early on trade Coty of Wh Support but weakened later under Increased Crm Zell move Crown Thla commission house telling aeemed to be influenced by the slightly Crucible Htl Sug' eaaler turn In the apot market and a ao Dia bearish Interpretation of the A A A announcement from Waahington that no Cudahy Pk r Curtiss-Waugar cane production allotment! will be do A to Puerto Rlcan augar controllers mad —1 — thia year Final prlcea were at the lowest Co nd 3 to 5 point net lower Sales 11650 Deere 744 29 tons do Pfd 46 Hud July 276b: September J76b: November Del 19V 2 71b January 249h: March 248b May Del LAW 11147 Ed Detroit 1037 248b: July 250b Dlst Corp 8 141 22 tiBld Refined was unchanged with a modcr-at- e Doualaa Air 1111 88 15 164 withdrawal demand reported Prices Du P de N 4 128 were quoted at 475 for fine granulated do deb — — for prompt shipment and 500 for 8 ontracts with resale offering at 470 East Roll Elec Auto I Elec 61 75 Vi do 88 pfd d opfd 13 81 1 04 Enoicoti-- j 14 NEW YORK July 23 CAP)— Coffee was Erie RR 14V Iteadler Thursday on trade buvlne- and Eureka Vac — r— covering owing to reports of Increased 53 one destruction in Braall and steady out Fairb Mors 29 Firestone T JUK ma 46 Santos opened unchanged 'to Ac hither First Nat 8 29 and elosed 4c to 5c higher Sales 10750 Foster Whl 24 ho 7 opened le lower to 8e higher and Free port T Closed 2c to 8c higher Sales 1000 Clos-In- g 53 quotations Santos July 8 50c Sentem-5?- r On Am Trl 12 December 885c March 890c Gen Baking 8i95c No 7 July 448c September Gen Bronte 8$ Gen Cable UBr 13 47HC juarcn 11101 do Dfd Spot coffee quiet Santos 4t 9 9 Rio 7a 8c 58 Gen Cigar flan Fleotrlf 42 40 Gen Foods 64 Report Gen Mills 70 23 (AP)— The po-- Gen Motors iW8?IN0T0N' u'y 8 the treasurv Julv 91 Gen Out Ad 2 9J6'8092'8: expenditures 261 15 oaiance a373116-$2i:32- 4 Gillette 81 46 Co iT" ec'pt tor ""month Glldden 1K 13k Gold Dust 691 20 'nce July Goodrich do nfd 34:110I109 expenditures 23 30! 24 Including of $313625242 71 excess of expend!93 do 1st pti Grah-Palg- e 2 81 ro" loo'ioi?2?'5"-65decrease of $7524 Grant W T 8 37 36 Ot Nor Ir 10'll3U4n3d4elfeSreViOUt M 61 Ore ct( 18 o?ipta!Si'iS°1B"Ii 5-- 1 Congol-N- Raw Sugar 15 Utll - Rough Going Although the day's economic developments were cheering to recovery proponents the list generally Rurr A M found the going rough following anj Byera Co t— active opening The trading volume Cal—Pack dwindled however as profits were Cal Z Ld Hec garnered Brokers pointed out that Cal A Wy there had been no important sell- Camp Can D O A ing The tobaccos were unresponsive to an increase in June cigarette production to the highest level on recy ord The American Tobacco 15 S L Stock Manifested hi Bond Trading New York EW YORK July 23 Stocks Irregular steels rally oils and industrial specialties ludust Stocks turned forward fractions to a point Bonds higher foreign weak Ralls Net change 1 3 1 t2 or so in the curb market Thursday Curb mixed utilities in de 38 7 51 9 89 9 875 Thursday 38 4 Previous day 89 8 51 8 6731 Gainers included Aluminum Co mand Mouth ago 48 6 64 35 5 86 3 Year ago 24 5 32 4 63 2 Foreign exchanges easy gold 45 8 of America at 135 American Gaa 39 7 60 7 1936 high 52 1 90 2 43 American Light monies lower 30 2 1936 low 55 7 and Electric at 73 4 43 4 Cotton steady absence of rain 1935 31 2 76 3 56 1 and Traction at 24 Vi Columbia Oil high 447 21 6 49 5 18 5 1935 low 348 & Gas at 4 Electric Pond and Share in Oklahoma higher cables MOVEMENT IN RECENT YEARS 1932 low ml? 8 7 23 9 II 9 at 2i Gulf Oil at 86 H Pantepec Oil Sugar lower commission house 1929 high 146 ¥ 153 9 184 3 157 7 at 5V United Light and Power "A" liquidation 61 8 61 8 95 3 8 51 low 127 Coffee higher favorable Bra at 8 8 and Wayne Pump at 33 8 Bonds Losses of fractions to around a zilian advices Press (Complied by the Associated point were suffered by Cord at 4 8 Chicago 10 10 ' 10 20 For'n Bunker Hill & Sullivan at 81 North ludust Utll Kalis Wheat higher Canadian con - 3 ern States Power "A at 29 8 and Net change ditions ominous 79 3 93 5 103 5 102 7 Thursday at 6V4 Previous day 03 5 103 5 102 7 69 6 Corn lower damage fears less Month ago 69 9 92 3 102 9 101 9 Cattle steady 98 6 68 7 81 3 Year ago 96 7 94 3 104 1 102 9 72 0 1936 high Hogs 815c higher top 111 JO 99 3 67 6 1938 low 86 9 1018 Press the Associated Mountain Qty Exchange Sells Down on Profit Taking r a Slight Interest Markets ai Glance Stocks (Compiled 3-- ft im- Curb Trading Trend Spotty Stocks Bonds Brokers Hear N Y Stock Hint of Future Quotations Pleasing News TRACY LOAN 151 South & TRUST CO Organized to Serve the Public Salt Lala City Mam Strtt UXMBXB FEDERAL DEPOSIT INSURANCE Utah CORPORATION |