Show TOE SALT LAKE TRIBUNE SUNDAY MORNING JULY Markets at a Glance HETAtt JEWEL TRADE SHOWS (RAILS STEADY Enforced Code Strictly Proves Beneficial to Business C WORKHIGHERi®10 1933 — RECORDS SHOW List Transport ation Avoid If CDRB SHARES 'STATE SEEKING' Comparison of Population and Federal Taxes IN DEPRESSION NEW YORK Stocks firm rails lead dull upturn Bonds imcarriers higher prove Curb steady utilities and specialties better Foreign exchanges quiet movements narrow Cotton quiet week-encover- lng higher cables Sugar and coffee closed CHICAGO Wheat strong prospectlv heat wav Corn higher season record outdone No livestock market strike TORTHER GAIN 29 1934 Records i Final Cains of Fractions to Around Stocks COPPER PUZZLE Looks Future for to ‘Comeback Caiumt Intlstry Default When Other’s Pass Dividends NEW YORK July 28 P)— Tradmg took a quieter turn in tne week-encurb dealings today Th list worked higher to the close and final gains of fractions to around a point prevailed In most sections of th list A few isolated soft spots persisted but they were Ignored in the general trend Metals were particularly firm d With the exception of a few disNEW YORK— A noteworthy CALUMET Mich (UP)— Is coptricts result of operation in the of railroad financial history dur- per due for a comeback? That is the burning question here Jewelry trade for each month durmg the depression has been the alWHAT THE STOCK in Calumet home of the world’ most complete absence of defaults on ing the first half of the current year MARKET DID have shown consistent improvement railroad stocks observes deepest copper mine and the richest Fri Sat guaranteed Gains in production have ranged up belt of rock producing pure copper of the Standard Statistics company Advances 424 476 to 50 per cent retail distribution is Th® mining Industry of Michigan Declines 88 217 Jki&tot fey aMQcPfWSOJto v hile the firmness of the price strucled the country today is appraising gations of the great railroad sv stems that division on the big board last ture t 20 to 30 per cent its future and seeking to ascertain if of the country wav Minor improvement Total largely 609 issues 846 eais and the stronger demand for of 140 the rule among utilities and oils but possible just What the industrial In all there aie upward better grades of merchandise augur a few spccalties advanced substan codes and the new deal have done separate issues of this tvpe approxi “lows’’ veil for Increased profits tiallv Sherwin Williams rove nearly to lift it from the S The retail jewelers’ enforcement matelv half of these as detei mined- (jhart shows the comparison of population and federal taxes paid by TJIah and the five leading slates In 1933 foui following the crash in 29 on medium turnover points code committee is extremely active The problem is graphic here in by the dates of the respective Newmont Mining finished up 2 in its dealings with code violators Frida bank debits tl 868 m 00 leases have been consistent dividend Only two a point or the "copper country” around of while advances Same day year ago 341 655 00 hirh is preventing many fraudulent Re- - T payers for more than so years while today At bank clearings 5W255 41 so were shown by Aluminum Com- major companies operate Baiurdy T A con Same day year ago sale9 and auctions which for years can boast a 440 486 20 least a half dozen well known mines Celluloid of America Week bank 8 corporapany 733 624 60 clearings have interfered with the business of Same iweek year tinuity This excellent recoid of un 8 100 093 67 aao tion Lake Shore Lynch corporation which shut down four years ego du eMablished houses In some states it to overproduction and underconinterrupted payments is all the more Technicolor and NORTH SAIT LAKE July 31 IUSDA1-Cxis planned to incorporate the retail enviable when one considers the nu show no promise of imsumption & Swift Electric Bond Company By DR DILWORTH WALKER merous bond defaults that inevitably and cilm Receipts tor the currenl lcwelers' code into state laws next Gulf and Humble Oils mediate reopenings One of the big-eweek totaled 34)0 head which Include! 1436 and Share iall coincide with periods of great eco- Associate Professor of Economics University of Ulah the Mohawk will never com on aovrrmnent account Last Glen Alden Coel and Distillers drouth cattla A considerable portion of retail buy A recent press report revealed some interesting facts about week s total Were I860 Includint about nomic stress ORE SHIPMENTS back geologists predict showed modest 400 drouth cattle Ing continues to bd'on an instalment Generally unevenly lowUncle Sam's source of income BINGHAM Copper production in 1933 from the During the fiscal year July 1 1933 er Comparable lo Bonds Odd head ol choice led steers gains Pittsburgh Plate Glass yielded Calumet-Heclbasis but receivables in this division Utah Metal Sc Tunnel 200 tons 1934 according to this report the federal government reached 18 21 Oood s raisers art ellxlble a Consolidated Copper 30 to June banks of favored insurance its by Long sharp recovery yesterpoint have been reduced and remittances Utah Delaware 800 tons Utah from 14 00ft 4 26 possible 14 50 the bulk of company and the Copper Range comApex companies and other conservative m- - collected $2657000000 from the American people through the in- common to medium day steers and now are prompt and the improve- 650 tons United States Oood cowa reached scored 13504)3 00 Smelting Rethe guaranteed stock repre- - come tax the tobacco tax the liquor tax and other miscellaneous 13 Transfer 88000 pany totaled 46853000 pounds This approximated 50 with common to medium kinds II 25 ment in the general collection status fining Sc Mining company 6040 tons vestorsa interest in taxes Of this amount five states—New York North Carolina sents with 127000 last the office of mining geologists here proprietorship 100 low cutters and cuttera 76cll35 shares compared is permitting a wider extension of Utah Copper company 120 regards as a comparatively "neglixood butcher bulls secured 13 31u Saturday property which is generally Jlinois Pennsylvania and California — contributed more than half 2a 50fewxood As wholesale distribution cars daity average credit oo are 14 ellxlble vralers up to gible” figure for Michigan important if not indispensable to a Hoxs— Durlnx the week the hox market reached a dollar volume approximate Copper 'sold for 18 cents a pound made no noticeable rhanxe Oood to choice lessee railroad's system Its claim to lv 50 to 84 per cent in excess of that TINTIC In 1929 pound butchers ranged from 14 80 a Today current quotations 4 75 heavier kinds mostly 14 21(14 60 Tmtic Standard and Eureka Stand- fixed income is supportedof bywhichlong for the corresponding months of 1933 hover around nine cents They have than $20000000 have been poured a few lights 14 00 packing tows bulked is term lease the validity and there Jiave been only minor price ard 17 cars Centennial Eureka 6 3 12 74ft 25 an occasional light smooth hit five cents The total valuation In a practical ininto Utah through R F C H O L irom well established sow reached II 50 rpcesMons earnings of the important cars Mammoth 6 cars Phitus 4 cars vestment sense these securities are of all property used in the producC and F C A loans through P W A Sheep— The "total receipts for the week Eureka 4 uphave been cars distributors Victoria 3 cars abruptly Lilly tion of copper stood at $28500000 in C W A and F E R A agencies that were placed at 3123 asalmvt 6708 last week to bonds by and large A ward Since the largest business of Chief Consolidated 2 cars of lime comparable part of the sheep were In transit 1931 Uncle Sam is noW contributing more to larae Today it's been leveled to on a parity with senior Colorado rentes No market fluctuation the year is transacted in the last quar- North Lily 1 car Chief Consolidated they rank than $1 000000 a month to Utah for was noted on the scant salable supply LoAlthough lackter 1934 gives promise of the return 1 car Utah Fire Clay 1 car of silica mortgage obligations turnover were limited to drlve-ln- s A few vales cal The average employment for coprelief purposes whereas Utah’s share small loti of they ing a rapid market pound slaughter lembs of a profitable operating basis to a Sioux 1 car Colorado 1 car per production runs close to 1800 this are (with very few exceptions) free a comparison of the population with of the federal budget for the whole 15 25(16 50 odd lot's25 of 8 pound trade which has experienced a steady lambs no lambs slaughter t( 004)4 WASHINGTON July 28 (i?)— The year In the copper country of Michiyear is only $6000000 from the federal normal income tax were available PARK CITY downward trend for nearly five years nf commerce announced gan It ranged at 9117 in 1929 The and noncallable fndireot Redistribution OGDEN Julv 28 (U8DA1— Cattle Hid department Silver oit the 754 Coalition to King a ions according survey jewels today that United States exports In relief load in the copper country Guaranteed stocks representing inTo be ure this is tiuly an indirect !?fabout 1002 t0r'he trade which has just been completed Park City Consolidated 630 tons 12103 of thee being drouth creased from $160207000 in May to now 50 per cent of the population of It cattle on kovrnment account procevs of wealth redistribution tegral and essential segments of main During the by Dun & Bradslreet Inc in June while imports the counties in that area 4139 $170574000 Is the “new deal” way of meeting prevloue wek In the cattle alley line mileage are in general suitable head made an appearance about 1800 of declined from $154647000 to $136-08Silenced are the Mohawk Senaca Prut-fiLast Year's Output Exceeded funds investors' the chart for mediums to the emergency accompanying get purchasing these were drouth cattle a laige PhlVaOTt 000 ol the weel a offerings were of com- Qulncexand Isle Royale mines ImManufacturers of jewelry report an into the hands of the Unem-Icipal and income clearly possess a Comparison of fedeiki taxes paid 10 h"Hum grade and apparently hard — The favorable trade balance was perative is the comeback of copper Increase m production of 25 to 50 pei high degree of protection guaranties v ith twpulation of Utah and five lead- nlnveri nnd trv start tne wheels nf m1mon to move Tbt wek 0pMing wu on a as compared with $5550- basis Near the close of the week $34492000 cent during the first six months of Chicago July 21 (AP)— Feverish pc-'a- r independent of earnings and m ing states 1933 dustry going It may be a sound pol steady or it may get the government mti however common aiTd medium Mauahter 000 in May lnstances are the current year over the comparative many Rd-icy Poa autr 1 lax cl "Stwiftfl Jd ’ ' The cciTincateV T33TT tn June wan 5pef I L' Theexport-gaitHv ivI&KCU fhe pnncipal gain "in “A torn both up more then 3 cents a irKtorsemefS’t ’ deef "wafer It is" too early yet to a 25fr 50c decline Bulls were unchanged period CaLIi Corn excelled the season's vealers and calves were also on a idtibtic cent compared with the usual de- know But there is one very good lower orders occurred during the early bushel previ Yields ranging from 4J4 to 5 per cent ouv top price record basis Stinkers and feeders mere fully crease of 5 per cent causing the admonths of the year evidently because Apparent likelihood that a new wive of are available in high grade guaranargument in its favor For manv 50c lower with spots oft more A partload of rood 10)0pound Idaho fed steers justed export index to advance to 50 temperatures would overspread teed stocks while certain issues in years the mines and industries of secured Inventories were reduced during the the Un kh A ted States next week threatening 84 50 with a few out at 83 78 Total 5 Utah and other western states have few good grass steers secured 14 40 The per cent or to about the same level 1933ftoliday season and stocks were m particular disaster to com wax chiefly lower quality classifications hold posstates 33 700000 31 384100 000 H3 millions of dollars annual- bulk of the common to medium steers and reached in March and April of this TONOPAH Nev (UP)— The lure responsible for the outburst of burins sibilities of further enhancement in produced subsequently replenished as the buy- In 1 4 ooo 0 2 0 loo 500000 various duartera Washiniton's Official Utah made SOOOSOO with dairy type year of valuable gold ly a large portion of which has left heifer in an ining for the Easter period was earlier weekly weather forecast was taken aa con- addition to offering generous and U S 122 S toil 00 2657300000 100 0 offerings 81 50r 2 00 good cowa secured The Import decline was 12 per cent accessible mine deposits on the side the state because those industries are 82 60 the bulk of common to medium klnd4 than usual Payrolls and the total firming at least In part the prospect of a fairly well assured income high up torrid heat forthcomlni 81 23ft2 00 cutter grades 73cill 2A Interesting mostly Report 7 a with eastern owned usual decline of 20 compared of a largely by number of employed are about capitalists per A flurried cloee at virtually the dav a precipitous mountain near Lundy bulls from 82 25b2 76 common Testa Determine Value This report is especially interesting who reside in New York and who pay good downranged to 81 60 good vealers moved per cent bringing the adjusted import in Mono county Cal While good peak quotations wag witnessed in all the cent above last year's is agalq atof guaranteed railroad to Utahns because of the variation in their income tax where their resiEvaluation rain pita with wheat 2®3'4 cents above from 83 504 4 00 common to medium index down to 44 per cent as com' mostly to tracting attention operating schedules are expected yesterday’s finish corn 214 (r3 up oata stocks must take into account three the offerings 82 Wf 3 50 a few good calves se 47 to the corand cent to' in be One dence tv Utah Au-percentages ft population pared advanced happens per end provisions showing May be maintained during July and sured 83 003 35 with plainer offerings Only a small cabin 3000 feet above 3 cents to 25 cents gain main determinants of investment proportion of the federal tax dollar poration alone paid out m dividends 82 00tf)3 00 Exports of crude materials Includ- the base of the mountain marks the gust last year’s level will not be Hogs— Trading tn the hog dlvHon on are (1) the value of contributed These for Utah's of quality 000 an cotton unmanufactured for account$9500 population ing average site of the supposedly rich mine reached as orders during the summer annually range of leading futures hoga was on a steady beds practhe property in terms of individual example makes up 42 per cent of the 13 years most of which left the state butcher tically all week Packing sowa advanced 96c ed largely for the June gain More than 40 years ago two miners of 1933 were pushed to an abnormalbutchers or stiategic im- entire United States population but of Utah and was therefore not eligi- Oood to choice and pound Gold power In earning June were $6586 sat in the cabin warming themselves exports ly high level because of the abrupt bulked from 44 60 4 75 heavier weight to lhe of company less 000 the Contributed for lax ble Utah it portance operating v rise in 50 of was with the bulk $4 the king people 2V4 the mostly pat from compared $4380000 s purposeswhere the wintry blasts outside They prices scored 42 75u 3 00 rough heavy kinds same month last of 1 per cent of the produced (2) the terms of the lease or con- than Likewise much of our sows year While current orders ai e chiefl V for stepped outside lor a few minutes to down to 82 25 Luht smooth packing sows and (3) the earn- government income tractual i todaV business agreement chain were done 50 A 83 few on $70291000 to by order totitehef Imports approximately up compared witness a snowslide and were caught thy inexpensive bi acelets earring’s feeder pigs made 83 OB with $1136000 ing power and credit standing of the one fourth as nuch as our quota stores also owned by outside capital pound in II The slide hurled them to their wrist watches and the popular-priceSheep— Receipts of ghcep and lambs dur tenant road or a basis be of would on millions dollars Here guarantor' leave Silver in per June strictly 73 063 capita week again totaled f exports deaths ing the current costume jewelry larger bookings are again'! werej$2404 096 last week Compared to last week 000 It is significant that while a num- New York on the other hand com- the state annually in the form of compared with $343000 m June Spire then numerous being made by manufacturers of gold attempts slaughter lamb prices are fully 75c lower A last year 10 2 per cent of the not of dividends ber and railroad bankruptonly taxable were important profits 25c r prises Imports $5431000 have been made to scale the bluff scant supply of yearling wethers looked and platinum and ornamental jewel-21 2 locally the last few but lower while slaughter ewes were about compared with $15472000 in occurred contributed have cies population but ail were unsuccessful One man including diamond and precious steady Feeding lambs suffered a decline Not Entirely Correct years there is no present instance of per cent of the revenue — more than reached within 100 feet of the cabin As inventories of stone settings from 26ft 56c Earlv in the week three loadf and dressed undertone practically but he sluttish a security prop- twice as much as the per capita quota The on from the 2 default secured govof Idaho lambs gamed fat complete pound picture these items are low any slight imalipped and plunged more 16 26 freight paid to the west coast Ten everything worked to lower no open marWould call for therefore ernment em as a stock not classed is reports guaranteed kets after erly Wednesday early slut of emer- than 2000 feet to his death 0 loads provement m retail demand is felt pound good tn choke Idaho gency drouth This peculiar maldistribution of tirely correct Indirectly Utah does slaughter lambs calves purchased cattle and with the and 5 60 the latter 86 made 50ft general outstanding The immediately by manufacturers About 10 on lovernment account now cleaned up being on choice offerings population and income is very dis- contribute her share and more of the price public loads good slaughter ewes made 12 Oflft open market top on cteeri 30 40 but similarger demand fur diamonds is- relar knds Uter sold up to 30 50 at a near by a certain group of think- federal dollar to the Consequently 81 00 turbing 2 10 One sort at load with vealed by the total volume shipped lot light steere 39 10 heifer yearling! ers especially among the wealthier millions that come back to the state medium ewes tl 50 straight Farly in the feed 37 40 stockers well cleaned up lower States during the lambs a week load of good 4 into the United feeding mem- through the heme loan program or secured 86 40 Near the close 3 loads and classes the eastern among pheep— Recelptg 4000 compared Friday good fust half of the year the monthly week bails Wednesday's trading When the relief administration are not so bers of Uncle Sam's family feeding lambs ranged from 5 00fr laat around 60ft 75c lower on fat lambs: sheep average of which was nearly 30 per from Truck-l5 10 Iambs bulked much of a Santa Claus a'ffatr a s it 44 504$ 5 25 A slaughter they see millions of dollais being 43 5063 75 about steady range lectlont and feeding)! few yearling cent larger than for the comparative fo Utah and other western woufd appear Of course we wish Feeder lambs in smalt lota 87 006 3 10 The unevenly end rather sharply lower In disinstance! with strike tleup and hamperiod of 1933 MONTICELLO — Interest in the i that are not in killer trict states by the federal government for that our portiort of the federal dol demand for truck-inpered ihlpper facilities particularly de- Bland is very narrow Not all of these stones however In those branches all major nrlce mmlna ing TV irelief purposes for reclamation or lar did not have to be used for relief flesh pressing placer gold ReDENVFR found (heir way into the jewelry conti oiling factora obscured by the effect which seemed to have ceased with July 28 fU8DA— Cattle— There are so many ways ceipts 50 calve' for road construction they raise a purposes none government cat of the local walkout week'e lamb top 3d 76 trade as there has been a stronger 1700 250 steers calves tie fed the water paid early for natives Monday s bulk rangshortage last year has vigorous protest on the theory that we could use it to good advantage $7 50 compared week ago beef steers 25e ers 35 50(10 65 moat of this week'! nacall for diamonds for industrial uses seemingly revived R0CK spR'NGS Wyo -P- rvpara- the poorer states are geiting back far But 'at least there is some consola- lower top 87 60 others 85 50ft 7 00 gras tives 300006 50 double merely good d amonds now being used in some CASH dotations 26c 00ft4 50 The era $3 San to Juan county clerk recentheifers steady 35 35 straight more than thev contribute wholly tion and a good bit of justice in hav native throwouts 2S (APi Whmt-- No l tions for another attempt to drill in 15 608 25 84 15 34 00 ft 6 00 renae seconds load grassers 36 0005 151 feedstage of the manufacturing process ITdCHICAOO N°July2 red of the wealthier states ing if come back home even (hough lower ly received 18 notices of location for No HOOft ion down cows steady fo 25c lower top 83 85 ing limbs 35 666000 deep test gas Well in the wildcat at the tiexpense Wednesday sales at in nearly every major industry World hard '? 2 yellow 31 04 No a out hard It 03Afi not to our liking calves and vealeis 25ft 50c lower top be used just uthfull v point that more it mav Inside recording covering a total of 2880 Clav basin area of Utah south of Thpy 31 02 nd feeders 25ft50c 85 00 stockers output of diamonds in 1933 totaled 104Corn—NoNo 3 mixed — LOS ANGEIES acrei The locators of the claims are July 21 mixed 67 lower top 84 15 Rock Springs are under wav with 4 000 000 carats with a value of ap-- ‘ 67M!c 600 for week to 15c 2 lower Receipts steady No J W Paitman A W Ivins H C two singles direct yellow Hogs- - Receipts 1200 a derrick being built and quarters 34 0004 50 s white 88ft89c 16 to California to 10c lower 17S locals and grain feds steady proximately 515000000 This 7100 Including McKean Ashby Snow A R Paxmsn for week Oate— No 2 white 43147'jC 4 erected crews the sows for 40 to butchers t3 65ft being drilling 2700 government with an output of 7000000 white 44 0 45c steady to weak medium Staynor Richards and Harold H Hills $3 00ft 3 60 Four locomotive type boiidrs and grade fed steers and yrarllni' 15 4007 00 of Salt Lake Rye— No 2 74c 4900 steady around carats with a value of around $80 City and F J Adams ted 35 short grass heifers tnd 58 ft 85c Bariev— on the other 75 Idaho 86 drilling equipment aie straight lor week fat 34 60 0 0 00 medium gradet4 00ft0 000 000 in normal years cowa 32 604(3 75 A E Shumway M F Lyman and Timothy seed— 31(1 75ft I! 00 cat lambs 75c lower yearlings 60c off fat cutter Mountain Fuel Supply ground 31 25i2 60 31(1 ISirt 14 50 Clover grade seed— 26c ewes lower 60c fat W feeders lower top C Lyman all of Blending Wide Gain in Sales Calves — Receipts for week 2100 Including Lar tierces 7 15 loose lard 6 36 bellies drilling the test which will be on the 85 90 Colorado ranch lambs 85 90ft lambs 500 3 lovernment 5 A vealera 000 ateady 6 10 part of the ground covered is bulk Idahos and Utwha 55 50ft 5 85 7 That the buying public has more 10 12 location of the old P & R test aban calves 34 5005 00 natives 84 75ft6 25 yearling wethers 83 00 00 for week 2250 lambs where considerable gold was was) d doned several years ago money to spend on luxuries is attest2 85 MINNEAPOLIS 4 35 top ewes ewes 83 50 25cSheep— Receipts ft s yearling NEW forward YORK— is wooled Purchasing requirements Iambi 35 6007 10 few last year until low water compelled higher: feeder Umbs 86 0005 50 late tup 15 25 July 28 (AP) — Wheat — ed by the steady improvement in gen-- - MINNEAPOLIS Florence Wilson No 4 which this shorn lambs 1025 shorn ewes 13 00 Receipts 122 care 25a cents hither No 1 the closing of the work as to various important ommended The locaKANSAS CITT July 28 fUSDA) — Hors— e ral sales during the first half of this northern 31 PORTLAND July 2S (USDA)— Hoga— Re1144 No dark north- company brought in as a small oil 09ft mar800 direct tions also cover much of the ground receipts mostly Lubricating oil— A liberal forward Receipts II 1114ft 16’4 dark hard Montana producer on July 10 has been drilled commodities have been made by the year For in spite of the slight reces- ern with Friday s average ceipts none for five days 4000: compared ket mostly steady 1114 10’Aftl week hard amber durum 314344 ago market unevenly 350 50c lower which was very extensively tested no shippers in scattered sales drive-in- s at advised sion in demand experienced by retail It red durum II 08ftl 07 0)110 July deeper with the core reaching 2595 Standard Statistics company of New purchasing —policy is 55 and down some medium 160 pounds after iteedy opening early top 15 75 late after the closing of mining opera170 to 210 pounds 15 00 0 5 25 1107 December Lumber Stocks may be held to 84 and instalment houses during June 11081 feet 258 feet below the bottom of the September early at 3 75 odd sows steady at 83 76 and bulk as follows’ 11 08' York bulk 225 to 200 pounds 34 7505 60 light tions with the view of developing moderate proportions over the near down sales tanged from 30 to 50 per cent Corn— No 3 yellow 85061'! oil sand reached last week early 35 0005 25 late bulk 34 50ft) water should the Cattle— Receipts 400 calves 200 6000 4light! yellow metal in Oats— No 3 white 46441 46' 16 The company is seeking gas sands at Barley — Gradual adcumulation of term packing sows 33 500 3 75 early to larger than for the comparative pe2000 calves for governdrouth cattle and Bariev— 540(97 34 00 feeder pigs mostly M 2504 50 early paying quantities be found — is week for ment Satisfaction a Oats of This classes riod of 1933 Some of the instalment located several lower well processing months killing horizon is three to four leqtnrements 34 75 33 down 76 Rye— No 2 71V07I top to heavies plain cattle generally 25ft 50c higher a mate88ft 193 bouses reported May sales as the Flax -- No Cattle— Receipts none for 5 days 3316 inonth forward needs during weak of in the Hiawatha basin lield in north- advised rial decrease in the supply of glass cattle Sweet clover seed- - 3 755 4 00 36i second best for any month in 11 years western Colorado markets counseled especially plain slaughter steers and cows compared week ago market 25c to spots fleshed grass steers 15 00ft of moderate higher vralers SOcftll 00 higher killing calves up 5 50 few thick jJaperSeasonal dullnesfl m buai 50c Distribution of high priced jewelry KANSAS CITY 34 7504 06 bulk plainer xraseers 26c to mostly 50c feeders stockers and 33 760 4 50 bulk grass hrlfers 32 600 4 00 July 28 X jness militates against price advances higher week's tops strictly choice forward supplies is advisable and gems on the other hand gamed KANSAS 159CITY SALT LAKE CITT to 2U cent! higher car light ary lots 34 25 bref cows 32 260 Receipts steers 80 00 light weights 88 25 fed 31 00 ‘(8 101 — Gradual of to the near term and two to thiee onlv moderately during the first four No BUTTER 2 dark hard hard few 33 SO low cutters and cutters protection 88 00 highly finished 3 26 Burlap sverages 891 31 60 0 2 00 OlV 21 red 32 retgller— cirtonnedi 7503 bulls 00’41 odd head July 96'99 of the but 87 00 25 adeheifers months year during May September 9RU Derember 98 practical top vealers 85 cat ly fall requirements in weak mar months’ supplies should prove 3 30 33 250 3 06 pound good to cholrr raters 31000 4 60 feedKansas stockers fleahy yearling douwere sales June and 6 50 to ? cenh practically few head 3 1 75 0 8 00 common to meCorn— Reipts 156 car pound quate ers 86 60 12 dium 00 4 calves 50 pound and vealers ble those of the four months preced- hUher No 2 while 7374 Yellow 69 0 Pai'affip— Purchasing against ad expansion of pur l 8heep— Recelpls 800 for week fat lambs lease mixed t Julv 68'j September (Parchment a rapped lo t five Bheap— Reeerpts non 4ower-- t and dieting — — ing CREAM cumbered week ago fit Iginhs shout etaady - — ohawng programs to rover needf vatic reqttirerafiiibf an li reumd snefryearling top imrvw and j slew Firrt car "'ifnrb4n(4fl lA' I"’ Jf ‘ OaU— Receipt Safe of "sTiv'efware in May were advance 25c after classes losing early (rede cream del Self Like to cover lambs $6 00 late bulk 85 50ft 5 86 best fed counaged iron—No need exists months u Pig 49 476 Second cream 20 Lake No 3 white cent Balt Wrrk ago hither bulk from sorted grade 4 60 84 unchanged 65 84 others Texas 000 a yearlings from somewhat down more than immediate requirements year ago as Rye— 86 EGGS top 36 75 early fat ewes largely J1S0®2 00 a few light lambs 383500210 5 50 late kinds 15 00 down to New laid henneries dozen that month m 1933 buying was Baraeysess peak plainer Se P8 tr?i during 9 and °D i£iznq ins U)xeemcmtluiiJajibil y?rS " 3 50ft4oo -- aged wwtheri' Mtdtumtt newdaid beftoeree dorea OKifil yerlintr ‘NEW'YORKf()rrMecunv?lW-Se1:P1tbnormalTy hcavyTtItie"’t6TRe sfiarp CHEESE nquiremenii is recoflunended at pre- l( OMAHA80 33 00 and under slaughter down to twee LIVERPOOL ReHoas— JS (USDA)— reFull lb July 2 2 31 cream the 31 000 25 mostly n 750 00 triplets rise in the quotations of the base LIVERPOOL July 38 (AP— Spot whext openly pleased with public Cheese— Moderate accumulation of vailing prices ir4 ceipt 2000 uneven better trade butchers Full cream longhorna 'b 20 KAN FRANCISCO SOUTH Watches diamonds silver — Weatern Auatrallan 5a 7tad Russian 5a sponse to summer offerings for re- - seasonal requirements in weak marmetal July Rosm —Gradual of averailnt eteadr but top 5c hlsher mesatisfaction 12 eandwlhch loaf lb — Hoga — Receipts for week 0000 di- Full cream Rosale 5a 6d (USDA) 3Kdt 10c lower sowa to and dium ateadx of Full loaf lb sandwich ware china and crystal ware and a Futures closed firm July 80 October tail trade is generally weR ahead rect 3900 compared fast Friday butchers Jack cream kets is recommended early fall requirements is warranted top 14grades 00 for part load choice around a year ago says the Standard StatisDecember 10015c higher late top 36 75 bulk good Wheelcheese 6 pounds each lb wide assortment of seasonal goods 84 87! March 19 Anthracite — Requirements in easy markets weights moat desirable 200 to 300 choice Coal cheese domestic lb 15 80: local led 220 pounds 6 03V 160 to S4 50 down 20ft4 medium trades tics company of New York Block Bwlse b have contributed the bulk of the sales bricks In Rubber — On sharp recessions onl y' pounds 11 for seasonal need should be covered to M oo few HO to 300 pounds t3 15ft4 25 34 400 4 00 sows 25c higher good 33 75'Vi Llmburcer bricks lb Volume thus far this year There was WINNIPEG of several months gradual purchases sufficient to bull Vifl to 170 pound 13 2503 15 feeder pita 4 00 Today's receipts 1000 including 695 Cream bricks lb brick 75 28 35 WINNIPEG direct (AP) COOOilOO light is BOWS weights July t3 00ft315 good package The explanation apparently is that forward needs is a strong demand this spring for wed6 pounds each lb up a six months' supply should be Wheat Cattle Rerelpls for five days 3000 di- Roquefort High justified Cattle — Receipt) 2700 21 compared with Full cream daisies Wis cured lb meichandise in consumers' hands is Coffee— Moderate foiward accumu- made 88 r fed steers and yearlings steady rect 100 to feed lot 100 compared last Friding lings wedding and graduation July last Friday 23 Full erm Wls cured lb 87 to 25c)ilher better grades showing the day demand active all daises steady ex- Full creamlonghorns Its utility as a lesult lation is warranted 17 lb losing Wls rapidly cured sevof gills and some buying already is in October Rye— triplets Adequate protection 88 December 25c ception low giade steers slow late era to tows practiadvance FU11 strong steady f'tjeif cream western longhorns r evidence for next Christmas The two loads 962 to hoithern 88 No i of the early and unusually persistent short Cash wheat— No There is little need for eral months' advance needs iq §0- llighAk butt 15ft 5c lower vealers stead cal top II JKHlBd Copper— 81 w 3 atear 83 kOW 00 No 36 northern Wl northern under r good lockers andxfeeders wealt tu 25c loin fd psiluilt hot weather Normal seasoflfii stiles coveting other than near leim il vised bn 'Weakness tfprtSPnrptrinutpaily in the Instab Out— No 3 white 40 No 3 white 37 bullca for week led steers and yearlings long led yeurllntts above 3010 medium to declines are therefore being relieved incnt goods as pulphasers hsfve had Re934 low to steel— supplemeil-tarCHICAGO 26 good of the 60 15 35 Poultry— July I4 50ft5 Scrap (AP)— Coverage 504(7 largfeds 31 050 5 85 feeder aieers 34 00ft ceipts live car 32 trucks steady hens loads weighty steers and medium 5 somewhat by replacement of such qqnements ai ildfs laid aside on which they aite Coin— Liberal forward purchases er pqrt of remaining 1934 needs Is several 00 local fed heifers 14 75 bulls 33 750 12ft 13e leghorn hens 10c rock fryers lift 18 OOOiO 00X choice weights 3 71 goods which is taking the form verv appear advisable in weak markets advised making small monthly payments 14 50ft 6 00 today s receipts 250 feeder steers 20c colored 16c rock springs 22023c weights t9 10 fed heifers 20c rock broilers 15617c colored heavies up to 1 OOXarais cows 31 75 34 21 heifeis 34 00 cows 33 50 There has been an unusually strong Silk— Periods of price largely of early purchases of fall weakness choice Cotton— Requirements for the next Calves— Strong 10 higher good choice 260 16c barebacks 13c leghorn 14r roost2 15 33 00ft3 75vutler loads few ft trades demand for diamond ring selling Silk— Voluntary curtailment and produc- - j‘ne ls tendency has been shown several months should be bought at should be utilized to satisfy needs for t close 1100(rt75 medlumXiiills 32 ftdft to 212 pounds 36 0006 25 vealers J! 600 ers gc turkeys 10014c spring ducks 1® 6 9c old 7fci 8c spring gresc 10c 75 old 7c 3 40 It nm $100 to $300 and sales of the bet- tton control for th hoatery Induiiry heal thus far principally in the low er price current prsctlcsl lop realers 141)0 medium jtwo or three months prices Sheep— Receipt for fhe days 1900 d! choice iirifd br the National Aieoclatlon of imi feeder ste 1 32 00 watches been ter grade of American-madS Her— Incentive for speculal ion FfVlMds fiVshV'hcVfTri' ii'itiffii ’"‘fr'rt '25 compared tan Friday' lambs J(ii CHICAGO July 38 (AP)— Butter slcadv Hoslory Manufacturers In an appsal to lts'leltl- “ut Should soon extend to the Cottonseed oil— Pulrhaes against ti a as iiiaRrsiedi !hatfajh man'i-- i higher quality lines LLac contributed a coniderabla top tnd unchanged frsth 91 score ?4 021 ?nol fiP still lacking Indus L?h-Brr'P'r4wit JeM lir°oledlower36 21latebulkquotabe four to six months advance needs wooled 82 24 91 23 90 32 90 lo 88 21 89 32 flow his iVoaibi0 “ Friday' slaughter lamb' 71cft 31 08 loftsr r tmn to the enlaiged volume'' trial requirements need be coveredVi'yearlings rhilk Umbs 17 a5 top 87 29 buying movement of sub adiocated ewes mostly Rteadvjtoii two deesi 60 0 75c off 15 00 down ewes 38 25 90 score 34 89 22 whorn Centralised cerlots — tume jewelry and novelty articles stantial 15c yearlings mriicaled is iambi 83cft3l00 Steel H° Advance feeding suDDlie! proportions higher not ad buvmg ls Wes Arrmnnlaticm of 1025 50 shorn 88 21 todav 1 receipts of the conscripts of earlv PPrarance of which will assist lofr doling bulks belter fed clipped ind UK32 'vooatpd continue popular 31 000 5 21 Bias— Receipts 8062 steady prices unseasonal needs in advised wooled western iambi 11900600 xood 10 iamb vojaieo — changed 15 choice SI favorable against Japans army come from tne country retai ers in maintaining medium 38 natives 7605 Cattle— ET three Price Level Lifted MOFPH (USDA)— grade July Sugar Adequate kugplies ggainst western 35 40 odd Flour — Reserves sufficient for 211 to20 on tradk Potatoes— Receipts lots native outs" down steers 39 40 best sales comparisons with a year ago supplies or four months should be accumulat- two to three months’ requirements to 33 60 slaughter ewes up to 32 61 ranged RecelptsxlOO While the gold base jewelry has xjistricts few loads (7 60 0 8 10 bulk fed steers and tal U 8 shipments 298 stronger cobblers moderate demand 5 40 Virginia 7 to 34 good be 60 should lambs choice 00 750 36 good maintained 0 feeding light yearlings U 8 No 1 31 40ft 45 long yearling ed climbed upward in price as much as arbund $650 which represents about showing slight deIM)0 6 25 best mixed yearand heifers July 21 (USDA)— Hogs— russets combinaFuel oil — Coverage of requirements Tin— Maintenance of about three CHICAGO fed cay 31 20: Washington 36 60 36 86 60 per cent the general average of 85 per cent of the maximum price Star of West Mine Claims 7000 straight heifers took place only on lings cobtrading 22 tion 31 barrels trade 00 months’ 35 forward supplies appears ad- Monday and Wednesday the market being grass steers 7604 straight grassers blers U B No 1 32 30 0 2 66 (Virginia 1929 for the next few months is advisable North Caro3125 down prices is 20 to 25 per cent above that reached during 1924 to to 33 00 0 4 60 klndi conon to closed cutttry New Pass strike " other owing visable to days 1218 ling a of a year ago 25 Watches are up 5 to 10 That (he higher price level and the Management Gasoline— Needs over the next two 3 25 cutter 32 cows beef late bulk SO 0 on Monday et ditions — top was 34 (Li 31 000 2 00 bulto J2 000 3 60 top are ad- 34 70 on the Turpentine— Consumers or three months should be covered Wednesday compared with a peak grades 35 NEW YORK July 21 (AP)— Butter— Reper cent and novelty jewelry 10 to 15 strohger demand have resulted in 00 bulk 33 500(60 choice in vised to protect needs well into the of 36 00 early last Friday and a practical vealers stockers -unTONOPAH declines Nev Hides— to the 7383 Recent to The of trade more firm manufacturers the In Star cent members of priceg steady 00 36 ceipts sharp bulk replace and stockers January per top gt 34 75 late that day no market hogs feeders 31 75 0 4 60 changed ware increased prices Josses by profits is revealed by the West group of mining claims con- raw hide prices offer an opportunity fall months in weak markets arrived after Tuesday but directs continued of steadier tnd Cheese— Rtcelptl 176007 1600 active steady Hags— fuuy Receipts week Wheat— Price dips should be util- throughout the on low and medium-pricegoods Analysis of 1933 Operating Averages sulting of three patented claims 12 to accumulate forward requirements Receipts 3000 compared Friday top 34 65 for choice 210 to 270 pounds unchanged Poultry— Dressed steady and unchanttd reserves against lastCattle— claims and a mill site week fed steere end yearlings off 250 bulk better 180 pounds up 34 50 04 60s 140 live Hogs — More than seasonal improve- ized to maintain 1 10 to 20 per cent whic(i was followed prepared by the statistical department unpatented nominal no Quotations 35 good 110 to HO 60c Monday then following strike prices to 170 pounds 33 786004sows needs months several the 672 southwest of Austin has passed to ment in is all mixed & — Recelptc 13198 firm ahead 10 the of Of Inc Bradstrect of an with advance expected during Match Eggs Duq 32 per 0002 prices in steady largely worked back unevenly but sharply on truce pounds Wool — Any declines from current market eplors whites and browns unchanged A V Ihrig and late summer month' session and later at near by feed 3 65ft 3 85 few 33 90 cent on sterling and (he better grades retailers of Jewelry leporting with new management 1000 Reieioti top steady but Sheep on better todji grsdps Lard— Purchases against needs sev prices should be regarded a oppor- lots ltitle net change Federl of silver plated ware 9aN FRANCISCO July 28 During 1931 total 1933 net sales of $10132 800 a E W Ihrig of Sarascjtd Fla have all grades grass steers and fat grass cows nam e lamb' 36 00 bulk 3) 100 6 00 u quire if J il pped lamb SUie Hurnet News Service— Net wholesale lotds 84 lo tunity to cover forward lower fill hfifpr unevenly cjws and 1932 the puce of the best grades net profit was reported bv 419 con- - taken over the half miriest in the eral months ahead aie advocated 45 85 end lower bull Rt new low level 15ft25t Lead -- Purchases need not be ex mcrjts or bv 62 4 per cent of the total propeitv of John F Boa In Reece Butier--Tg of one caiat diamonds fell as 'low a cern iore 24c 91 score 33e 80 vealers 50c lower rirslrable rah 'tepr Zinc -- Protection of mod! scoie 2r aKsiore 21r DRIFD FRUITS AND HOP These concerns had total river rancher and wilh AI Ne'son tended bevond normal near trm neai long yearlings and better starie Ighr hnfer $M)(1 bill Ihe strength of the demand number 32c medium ® 28 NFW APi V YORK Dried IrulU het July rt mixed Vfarlinfis held up much St 11 term rpauirement appear war and J0c unud! u 'jC since the latter part of 1933 has 1933 net sales of $6 126 600 or 60 5 who retains his intere-- t will engage needs 8icd inchned tMri but owin (0 hn — Flat or Cheese ranted HotM—Unchbiuede wipleU Linseed of the to cent total the volume currenl oi unset in th nd dealt intenw U(k condition! iruni per actively developing prop ertj ( quotation brought' fea-tur- e abe L Bank Clearings e 4 - TVFSTOl K Payment Compared With Relief Funds ceived Presents a Varied Picture 1 1 two-third- s tllc Ore Shipments st a n Export Increase 5 Gives Favorable USTrade Balance 0 feed-n- Pruitt s n 2 percent-pow- g I streMdb2 iff Pcl-E- Quest for Gold 1 kln-d- 1 Vs 1 -- 0 one-tent- Drilling to Start On Test Well in Interest Revives In Placer Gold n aav Dasin irca d ta veal-er- 1 (USDA)-Hogs- Commodity Purchase Advice Given com-paie- Cattle-Rece- ipts Sheep-Rece- ipts By New York Statistics Company i recom-‘month- 1 1 -11 Produce Market ance (AP'-W- hfat 1 Stores Pleased 1 1 With Response to '!’-- E'To Butter--Gradua- deyr-3100- ttt -- Summer Salesirou®1 le S ‘ — d- -I r cur-entl- y lat-te- r 26-l- Cocoa-Cove- rage 1 ahorlXed-yeaillng- s d 1 ' e tfs Cos-r'M"- Four-fifth- good-fhqi- Only-curre- s ts m silver-plate- l evrl r — |