Show U P Follows Economist Explains Reason For SlackinRetailTrade Its Custom in CHICAGO April 15 (AP) — Jolted by sudden - nearly complete stoppage of European 'demand with 5 eenls fall of Win nlpeg quotation the Chicago wheat market tumbled about 3 cents Thursday: Indications were that Importing countries had virtually completed their buying An program at least for the present adtiitlonal disturbing factor was threat of a widespread strike in the Uulted shipping ' States Uncertainty About tha Canadian govern ment wheat board sales policy was also talked of as having a good deal to do with wheat pries setbacks Europeans were reported as owning many million bushels of Winnipeg May wheat futures and as being dubious as to what course to take In the absence of information relative to likelihood of the Canadian government board letting go of perhaps 20000000 bushels At the cloaewheat JnChlcajjo waal 2 cents under yesterday’s finish May $l22122 U SepT L 1 9 U 1® 2 C tmbr 9v cents off: May $124 l'25f July& September gl07 May 1 cent down 107V4 Oats and rye off ceuts Provisions results varied from 5 cents decline to 5 cents advance to downmomentum to the Tending give ward swing of values were estimates of relatively large supplies of wheat available in Australia May wheat contracts led the fall of Chi cago prices Thursday tumbling from a high to a low of gl34 of gl36 at the last against 91374k At yesterday's close Corn rye and oats all went lower with wheat Competition of Argentine Imports as on a acted the com market weight Provisions reflected downturns of grains but afterward responded to hog market advance Temporarily lard touched a new low price record for the season Phone Company Earnings Mount Nevada Bank Merger Effected Through Sale Livestock Market Reserve Report WASHINGTON April 15 (AP— Combined resources and liabilities of tha 13 fed ral reserve 'banks at the close of business were Wednesday reported Thursday night ELY Nev April 15— It was an- by the federal reserve board la thousands July while a rair avenge BALT LAVE April 15 (U8DA) nounced Thursday that the Ely Na- of dollars as follows: NEW YORK April 15 OB— Net NORTH — Receipts 716p includes 139 diitems shows a 7 per cent fain This incoma of tha American Telephone —Hogs rect ASSETS 184 for market and 393 through tional bank has purchased tha Ruth - — — mark-u- p has slowed the progress to lOo higher bulk good butchers bank at Ruth th and Telegraph company for the strong on hand and due becom- Gold certificates merger 910 00 01010 mixed weights down to U of retail buying to a considerable from 8 treasury 8843894 quarter ended March 31 was $9 00 packing sows 9775 b 8 50 ing effective next Wednesday when Redenfptlon fund federal reserce extent Sharp jacking-u- p of prices Cattle — Receipts 84 Includes 32 for notes By CHARLES F SfEARE ported Thursday at $43435751 equal market t9 656 no kinds of- the offices at Ruth will be closed Other cash 52 through good means a corresponding slash in buy379673 to $332 a share on the capital stock fered few lota trucked-lsteers 9725 up and the books end records moved Special Dispatch to The Tribune 8 of workers’ odd lots heifers 96 50775 few to ing power pay envelopes 6r 7 cents metre than tha quarterly lots00 medium Total reserves 9134223 Ely The Ruth bank was organto good cows $5 50 6 50 NEW YORK April 15-- The Twenty dollars per week can buy an Bills discounted: dividend requirement flommon kinds down to 9425 cutter grades ized eight years ago by a group ef obliU 8 8tcured as government by down to as odd bulls 25 only $1880 many goods today S450563 few business men of the district Gordon gation direct or fully guaranIn the like quarter of 1936 net in- lots good $3vealers nouncement that Carl R Gray pres$10 OO could buy six months ago Hence teed come was $34442956 or $185' a 9789 Includes 2 for Bheep—Receipts 671 has been cashier and will Other ident of the Union Paciflc'rallroad bills discounted retail prlcoeincreases due to wage 869 2259 market and ! through few lota trucked-l- Lathrop share now become assistant cashier of the lamba (1000 will retire next October when he and hour changes are offsetting laTotal bills discounted For tha 12 months ended' March OGDEN April 15 21048 ''l N National P bank Hogs— Ely Chapin Bills bought In open market bor’s gains through increased wages has reached the age of 70 follows 31 the company’s net lncome was Receipts 150 steady to 10c higher best is 3522 cashier of the Ely National Industrial advances 32544 or shorter hours early $1000ttl0l0 mixed light 8116116 to $9 84 a drivetns V 8t government securities!-$183819208 the policy of the Harrlman system and mediumweightt equivalent 990 $900 packuifi This Bonds down of sows 689821 trade 8 retail 50 9750 slowing share compared with $130089618 In retiring its employes Including II load Cattle — Receipts 300 steady at week’s Urgtly m- - Treasury notes 1190343 however is probably only temporary tdy twoNevada or $697 a share for tha previous 12 advance: fea steers Treasury bills load good Utah fed steers lolO dium 606619 officers on covering their three 50 99 load half becaase most of the factors which Nevadaa ns large and lot drivel pounds $935 months score and ten span of years Other Hulstelns ly 50 $8 U Total car 5 government securiUtah moderately sorted good 98 75 practically fed steers caused it are only momentary Thert ties $100010 25 3486583 railroad systems have different nothing doue on other classes bulk local load good absent quoted California grass cows isaone trend in tha current retail steers late Wednesday 970008 40 mecommon cows methods which they follow so there dium to good heifers 96 75ft 8 25 plain $7 50 $525 ft 800 odd Total bills and securities which I fear Is not however 2523697 pieture head cutter bulls 9450 Produce Market kinds $5 5006 50 bulk medium to good good weighty Due from still are in active service in the 230 foreign banka none Federal reserve up to SB 75 Calve: Receipt drleln cows 95 50650 low cutter to quoted temporary I am speaking of the notes of other Nominal United States a number of outstandvealers common around quoted $3 25ii5Q0 banks CITY IAKK SALT in increase 20621 Instalment rapid selling 001150 (10 no 1692 Bheep— sales Uncollected Receipts Items early executives T80351 have who BUTTER ing railway Sheep: Receipts 1075 lambs active fully Benk There are no figures available which OMAHA First grad butter lb $ ‘35 premises April 15 ( )—Hogs— deck medium-goosome time since passed the Union spring AU other assets 4000 moderately active strong steady Second grade butter lb 35 Receipts lamba $13 00 sorted 25 per cent 912 give a grand dollar total of instal00 to lOc higher extreme “ 15c cream lb at Pacific age limit Sweat up butter 36 top iund ment credit but there 910 assets Total 00 c leas) outstanding choice 12 550 625 for very (Parchment by wrapped shipper " sparingly 50 in "die men the 205-- : Many railroad are several reliable barometers For (Parchment wrapped ko leas) sorted 25 head $250 ewes LIABILITIES y to lower pa EGGS harness” or more appropriately it 00 around quoted instance the percentage of new cars 960Q7 most wo salea 9 100 pounds up $9 75 Federal reserve notes in actual elr Large white henneries do LOS ANGELES medium $9 350'7O few April 15 ( Medium whits jhenneriee do may be said they die on the road culatlon Cash Quotations 4176094 bought “on time” in 1936 reached 250Receipts 99 25 gtrong to 15c higher 980 medium and good light pounds CHEESE Deposits: lights Hogs: The past few years have taken a — CHICAGO 65 feds an e 1100 & cent heavies $974 of the IS grain Cart 00 $1050 wheat $8 few choice Member bank reserve account (AP)— cream Full 160 925 lb April per peak 19 pounds 91)30 6900753 triplets 1 10 60 —No hard No 1 814H4 mixed October1 A C U 8 treasurer pigs scarce weak 8189 Full cream longhorns lb medium to choice heavy toll' Last total Another yardstick is the per111674 general account Corn— No 3 mixed 8133: No 3 yellow Cattle: Receipts 6000 mostly steady Foreign Full cream bank sandwich loaf lb pounds $6 758 50 sows steady to medium 93622 Needles president of the Norfolk fed 6O steers No heif3 white $8 10c fed of “easy payment” 81 33 9135 total 40 Other 50 centage down 950 509 8135© up lb $0 western $9 cured stags Triplets deposits 142271 ers cows 25 7 $8 25 135 St Western died at 70 just as he Cattle— $550 Including 2000 slaughter steers western cured lb Receipts sales in New England department Longhorns — No at 2 Oats white 55 4956c No 3 Daisies Wisconsin cured lb and she stock moderately active steady to Imperials $6 65: cutter gMules S375 Total depolt 7 248310 was about to £ive up active work stores — the 1936 figure being 10 per white 54 (4 955c some medium grade light steers 15 525 bulla $5 25 6 50 :Ii strong' Deferred availability Item Longhorns Wisconsin cured lb 778110 Calves Receipts 300 steady vealers to Capital paid 2 yellow 9170 Boy beans — No 25c higher bulls and vealers fully steady In and retire J J Bernet the chief cent and a new record! 132188 00 down calves $850 17644 and feeders scarce steady fed $11 CHICAGO (Section 7) 145 8S4 April 15 (AP)— Liva poultry itockera none medium to choice Surplua lieutenant of the Van §weringens Feed 7585c malting $100 Bheep: I am making no swef ping accusasteers Receipt Barley— and bulk ( ) Surplua section 17 $800 yearlings over trucks steady hens i 27400 1 27 Receipts fed heifers S7 50 3625mostly Reeerve for contingencies x odd head $!9 50 spring lambs $1050 1125 5 pounds 38177 tion against instalment selling If pounds and less 20c passed away suddenly aboijt two Tlmothv seed $4 50 5 00 18c5 All other llabllltlea 1000: bulk beef cows 95 50 7 25 17c 'fryers colored 23c legnom hens Clover seed 92700 & 3300 General Electric company Thursday recredit in one form or another did not $7 50fr8 25 cutter grades S3 50rq) years' ago He was then president white rock 24c? Plymouth rock 26c broil few Total llabllltlea ere colored 23c Plymouth and whits rock 5 00 few strongweight cutters $& 25 bulls ported orders received lu the first quarter of the Chesapeake & Ohio Not 12550625 exist total purchases plus savings to $105747030 compared with Ratio of total reaervea to deposit and 24c barebacks 1921c leghorns 21c 95j56dO practical top vealers 9900 amounted Ranee of Leading Futures In the same quarter of 1936 federal reserve note llabllltlea combined could of course be no larger than $59569879 long after M J Van Sweringen SO roosters 13c: leghorn roosters 12c tur- odd head S9 50 10 00 cent an Increase 78 was Low of the This Open 7000 lamb not cent Close per market High per ceipts keys hens 20c toms 16c No 2 turkeys died and last year the second of dollar volume money income You couldthen spend established early undertone weak asking largest firat quarter in the history of the Commltmenta to 15c make ad4 Induatrlal ducks and white up pounds i 34 vance bulk 91361 company the Van Sweringens "O P” col- - I emphasize dollar sales because no more than you received either July $136 12211 colored 17 c $135 small white and colored stronger 1 1 23 911 75 12 25 and above 122 Mi 15c geeee 12c capons 23i 11 22 not quoted 1 204 lapsed on his way to New York and unit volume figures are not so good for living items or investments Sept 1 20 19 119 CITY April 15 KANSAS 33572 £gg—Rceipts steady prices never recovered Retail price-tag- s have been marked Through means of credit however 1000 Hogs — Receipts 5c unchanged fairly active ' Potatoes— Receipts ' 81 on track 213 to mostly 10c higher than Wednesday's new 126 1 2(H4 1 244 1 25 Percy Todd long the head of the up sharply in the past few months you can spend more than you earn U 8 total 99 90 to ail Interests good old average 842: stock Idaho top shipments old Vi 1 22H 122 44 Russets firm demand fair Cobblers weaker to cholcS Bangor Sc Maine and one of the Certain lines have been advanced You can buy a house an automobile July 122 pounds $9659M) demand very slow other stock about steady few pounds $8 60965 odd sows nw 117 oldest railroad executives in active 15 to 20 per cent since the Fourth of or a suit of clothes without being 118V4 1 16H 1 1644 demand slow Sacked per cwt : Idaho 9910 old U Cattle— Russet 1 8 No service died last year General Burbanks 6Q $2 Receipt immediately able to pay for them Sept 1 08 108 Vi 107 H 2 85 mostly $2 602 75 U S No 2 steers and yearlings fairly active steady to W W Atterbury of the Pennsyl- the visions In the past two years At certain periods in the business Oat— Colorado Red McClures U‘ 8 No strong she stock firm bulls scarce about 50 50M 49V4 49V4 $230 1 few sales $270: Russet Burbanka part- steady vealers and killing calves strong vania railroad was 69 when he died regulation of bus and truck com- cycle an expansion in "time” sales May 46 July 46V4 ly 46’ 467fc graded $230 Maine Freen Mountains stockers and feeders fuliy steady indica42 4JVa 42ft in September 1935 but he had re- petition has been put into effect fives business a healthy boost At Sept 424 tion fairly broad u 8 commercial $2 15 track sales clearance choice — beans Soy fed steers $12 75 good tired at the age of 68 He was and is moving ahead rapidly There other times however such an ex- May 17644 1 764 No 1per cwt Texa Biles Triumphs U 8 weights $l2 00r medium td good $395415 170 succeeded by'M W Clement who is less talk of government owner- pansion only helps to knock over JulyRye — offerings $830 1150 three loads choice CHICAGO “April 15 (AP)— Butter was heifers S10 25 good to choice vealers is now in his middle fifties Mflv ship than might have been heard the topheavy credit pyramid butcher cows $5 50 6 75 1 064 $8001000 steady Thursday Fresh: 93 score 3iw odd Juiv H 644 1&35 facts cheer even In These beef cows $700 and above cutters 91 31c 90 31c Others Still at Helm 97 Nothing Down— Years to Pay 97 31c:89 92 30 31c Sept 97 97H THE VOICE OF THE WEST 93 50 c inside 500 railroad officers who Not only the time but the type MayBarley— 90 score 3fo Bheep — Receipts 5500 slow very little Centralised carlots Among the oldest railroad execu- the young 78 donet scattered opening salea fed wool Lard— of instalment sales expansion is ini' tives who are still at the helm of have an eye on future promotions FRIDAY APRIL 16 FRIDAY APRIL 10 about steady at $11 85 12 Mav L08 ANGELES April 15 (UP)— Butter' lambs 11 62 11 5T 1165 u some held higher no spring lambs offered A M their properties are Daniel Willard The new president of the Union portant For example the article July 11 92 1175 12 02 11 90 11 95 gs and cheese: 6:00— KDYL— 6:30— KSL— Bunds fierenad Butter — Extra 33 p: prim firsts 33e 12 15 12 32 12 20 Early Birds DENVER April 15 12 22 tattle 700— of the Baltimore and Ohio L F Pacific after next October has which is bought on credit may be a Sept CB8—Metropolitan Farad Oct standards 33c undergrade 32c 6:30— KDYL— Sons ef the Pioneer with 12 27 12 27 12 37 12 30 Receipts 700 calves 100 all clauses 7 30— KHL— Morning Melodic — Large and medium unchanged steady Loree of the Delaware and Hudson "come up through the ranks" He machine While the buyer cannot Bellies— heifers $7 759 85 cows $710 Eggs Uncle Jake 7:35— KSL—Your Neighborly Gardener c small 18c down 15 62 15 62 many $5506 50 cutters 7 :00 — KDYL — $350500 and E E Loomis of the Lehigh has lived close to the rails The pay for it at the moment the saving Mav 7 :45—K8L— International New Western cheese— Unchanged 16 05 16 02 16 05 bulla $5 006 25 vealers SHOO 10 05 Today's Almanac down 8:00— KBL— Morning Muelcale tendency in the transportation of labor in the use of the machine July 7:15— NBC —On the Mall— Robert Hood Hogs — Receipts 1000 Valley 1015c Among the younger men world higher KSL— 8:30— Melodies law- will be more than sufficient to Breakfast YORK April 15 (AP)— Live poulNEW to elevate 95 $9 pounds corporation 809 Bowers' band pay Kansas City are H S Palmer of the New Haven 9:00 — CBS— "Magazine of the Air' — B try — Bv freight barely steady prices un- pounds $9 ftOffj 9 95 $8 75 pound ' to the position of control which for it over a period of time An auA Rolfe'e orcheetra Reed Ken- 7:30— KDYL— KANSAS CITY April 15 (AP)— Wheat changed 9 65 Newt fat pigs $775850 good sows broilers legBy express weak Ralph Bildd of the Burlington J yers — V4 4T2 36 crs nedy soloist Delmar Kdmundsou cents lower horns 16 20c rocks 21 23c reds 16 $9 00 935 7:35— KDYL—1 The Alarm Cloch B Hill of the Louisville and Nash- has developed since the days of J tomatic stoker is an illustration No Receipts — Receipt “Trouble Hous” 2 dark hard 9136 No 3 $1 304 20c crosses 19£$23c turkeys 21 little done 26c 5000 Sheep 6:00— KDYL— Success Story 9 30— KBL — Hollywood Room Reolpee— No 3 nominally dueks when the article pur- No 2 hard lamba 99 75 14c other express ville Fred E Williamson of the J Hill E H Harriman Marvin However $138 prices un- - trucked lambs SHOO shorn 1 38 8:15— NBC— Organ Rsverlss No 2 red 9140 No 3 chained 91 30 V4 Gladys Miller interior decorator asking strong to higher on fed lambs na9 45— KSL— Melody Minutes New York Central R L Powell Hughitt and Milton L Smith has chased is for immediate consump- nominally 1 39 V4 Dressed $1 36 old tive ewea $4 00 6 25 8:30— KDYL— Steady to firm Newt not Lee’s in this instance 1000— tion is “horse a that of another Close: fresh Jenny "Timely May Tlpe' prevailed other fresh 9127 9117 July CHICAGO of the Seaboard Air line and Mat8:35— KDYL— Rhythm Parade April 15 ( )— Hogs 1015— KSL—Musical Postscripts and frozen prices 14l7c 9115V4 — Receipts 10000 September unchanged uneven so is market color” If 10 it credit that easy Led in Streamlining CBS— Romance of Heleu Trent 9:00— NBC— Home Folks’ Frolie cencent up to 2 Com — Receipts 13 cars: thew S Sloan of the Missouri KanButter — Receipts 11499 steady 25a higher than Wednesday's average 10:30— CHS— Our Gal Sunday No 90 score 2 white nominally tralized extended to cover consumer rents lower other packing 9:15— KDYL— News tows I015c higher bulk gwd 1045— sas and Texas Mr Gray’s sucMr Jeffers had an active part 11:00 — CBS — Betty and Bob 1 41: No 3 nominally $137$ butter prices unchanged $1 39V4 and choice no "time” 9 20 KDYL— Ictltlea and Oddities are then sales 1020 $1000 pounds CBS— Modem Cinderella 11:15— Cheese — Receipts 104123 steady state top 140 No 2 yellow nominally 9137$ cessor William M Jeffers has just in the inauguration of the new goods 25 to $10 — CBS — Betty Crocker comparable pounds 11:30 whole I 9:25— 40 No No milk KDYL— 2 Women 3 flats nominal-lfresh mixed sound In 9137 the News -fancy praclonger merchandising 10 most good packing sows 1717c $9$9405010 turned 61 Railroad presidents who streamline trains on the Union Pa CBS— In Who other prices unchanged 91 35 138 No 3 nominally $134 Today 9 65: few beat 930— KDYL— Musical Varieties on butch- 11:45— News" “Who'a Buying shirts dresses —and 137 with John K Watkins are crowding 70 years are Samuel cific which have not only brought tice Eggs — Receipts 23598 Irregular mixed er orders $9 75 9 85lightweight 945— NBC— Voice of Experience colors unchanged whites exchange specials Close: May new $128 July 9121 cattle — Receipts 3500 calve 1500 fed NOON T Bledsoe of the Atchison Fair- additional business to the line but even furniture —on "budget plans” 00— CBS — Big Sister 10:00— KDYL— Faehion Page 24 121 — exchange standards ateers and yearling 1525c higher me- P12 M c fancy mediums including Receipts 8 cars unchanged to 1 24 fax Harrison of the Southern Rail- by their popularity demonstrated is dangerous particularly ifto the centOatslower premiums 10:15— dium NBC— Story of Mary Marlin to moat advance good showing 12 23 CRB — American School of the Air No 2 white nominally 55 25c exchange mediums 23c duck but common asgrade of such purchases the well as very meager supply 12 '15— 10:30— NBC—'How to Ba Charming No 3 nominally 45— CBS— Myrt and Marge way W P Kenney of the Great that the steam carriers have great percentage eggs extra large fancy 25c other near-b57c choice Such is showing is too total offerings credit upturns light KSL— 1:00— Milo maize nominally 92 28 brown high Stock Market Quotations and 10 237 large fancy 23 24c other white and KomancOk Northern Charles Donnelly of the opportunities for profit when they earllngs both steers and heifers continue International News U:10— KDYL— Rhythm eggs unchanged nominally $228t&2 37 n broad cows firm buying Kafir bulls fuily gamatid 1:15— KBL — Shoppers' Musical Matinee 11:15— NBC— “Mra Wigge ofNewa Northern Pacific and Hale Holden show initiative and originality in simply adding to present Rye nominally $1 08 110 tne Cabbage 25c vealers fed inbest steers steady of future higher the at KSL— 1:30— expense SAN FRANCIBCO Bariev nominally 83 92c ir etch Popular Concert April 15 chairman of the Southern Pacific their policies Their weakness for power $14 50 several loads $11 50 1350 com1 :45— KBL — Presenting No 1 hard and dark hard wheat 9 Father Hubbard 11:30— NBC— 4John’e Other Wife" Butter: 92 score 33c 91 32c 90 32c mon and employment and medium grade $8 50&975 to 14 cents over May No 2 hard and 89 31c 2 00 — KHL — Shoppers’ Matinee NBC— It may be said that there are years has been in their traffic de- come "Juet 115— Bills" Plain weighty steer lower for the week but all Such an unfortunate trend is tak- dark hard 5 to 42 cents over No 1 red 2 ’30 — CBS— Among Our Souvenirs Cheese and eggs unchanged light cattle strong to higher stockers and more attractions in the steam trans- partments As one railroad 'man — KBL— Melody Parade wheat 12 to 13 cents over No 2 red 245 UuO— KDYL— Refreshment club Dort feedem continue dull due to weather and place ing today H 00— KHL— Movie Time on to cents over No 12 2 corn “We II business master of ceremonies the white Air than there Clark feed conditions: sausage bulls $6 75 down said to this writer recently: portation today 3 15— KSL— International Newe to 11 cents over No 2 vellow corn 8 Deuule Helen Jane Behlke Walter steadily broadened 10 vealers $900 1000 mostly $950 on shipwere two years ago In many ways don’t sell our services to our pub- plans are being to 10 cents over No 2 mixed corn 7 to 8 CBS — 4Newe Through a Woman 3:30— Blauiuse Reports Earnings orcheetra was instalment kinds per Originally buying 12:30— Eves” cents over iNBC— Cravens music hour the railroads appear to be recover- lic we charge for it what we think confined presenting Kathryn Appreciation fat lamba 3 :45—CBS— 12000 Sheep — Receipts to articles which could be 100— NBC— NEW YORK' April 35 (AP)— Midconti- active a Family' Neighbor 10 2 5c higher bulk 1525c high4 ’00— KSL—Romance of Beauty MaTerkms NBC— 11b— ing from the stagnation that char- it will bring” nent Petroleum and subsidiaries resold choice corporation if er: to and wooled lambs good repossessed payments 4 :15— KHL— Musical Postscripts 1:30— NBC— "Vic and Bade Minneapolis earned net Income in 1936 of 94777578 acterized their policies between 1930 One of the competitive threats were Interest worth $12 351275:through bulk not met 4 45 — KBL — Pretty Kilty Kelly however per14b— NBC— "The O'NeUis" MINNEAPOLIS April IS (API— Whmt equal to $257 a share on the common larger $12 65 down several loads to shippers and 1934 They have won back a which railroad men and especially sonal services Today 5:00— KBL — The Adventures of Sonny 2 00— KDYL— Americana 50 cars Futures: Maw stock against $2417175 or $131 a share $12 85 load good to choice Receipts such as permanent $139 Jamb f clipped 2:30— NBC— "Follow the Moon itv and 1935 Ths 9134 Buddy July Beptemner company operates chiefly $10 60 sheep steady wooled ewes $600 5:15— KHL— large amount of passenger business the younger ‘element have feared waves and ocean cruises not only $125 The Adventure of Jimmy 2:45— NBC— "The Guiding Light drama trading basis unchanged Quota- id southwestern and midwestern states " 650 x 3:00— KDYL— The Uld uarnen on the initiative taken by three of is that of the airplane It is true can be Allen tion 2 cents lower! in instalments but for ST JOSEPH paid 3 05 — KDYL— Interlude 5 30— KSL— Jack Armstrong April 15 ( northern Glass company their oldest executives namely that travel by air has grown tre can be paid for after the service is Cash wheat— No 1 heavy dark ft 45— KS!— Receipts 4500 no early trading Annie Jio— KDYL — Jrashum Matinee No l dark for the firat quarter net lucome of Sheep: undertone around steady asking 600— KBL— Orphan Daniel Willard Carl R Gray and mendously Last year over 1000000 performed Varieties — Victor 3:30— NBC — Dortng Slstere (ft 1 60 stronger 58 Broadway 1991966 equal to 79 cents a common wool Moreover length of pay3‘4b— KDYL— TransR-adl91215 1240 top fed Arden's orchestra Newa Oscar Shaw n 2 57 pounds share This compares with $1996966 or lambs lambs heldfreely Fairfax Harrison KDYL— Melodic Interlude 3 $1250 No Elizabeth Lennox and Carmela 1587 56 persons “went places” by plane ment periods has just about been $144 pounds 79 cents a share In the like 1936 period im- doubled 400— NBC—Education In the News Ponaelle 55 pounds $140 SOUTH SAN FRANCISCO 1929 sounds this 154 15 with $142: April rates which Conservative Low interest Compared 4 '15— NBC— Youngsters 1 hard KHL— International No — Hogs: Receipts New Montana $142 Barry McKinley singer 675 strong to 6 ’30— KBL— company reported for 1 44 : grade of No the number was less mean cheap operating costs for the fancy 4J0— KDYL— 6:4f— ' 1 dark bard or No 1 the March News Easy Aces higher bulk butchers It is perhaps worth noting for pressive But quarter profit before federal 10c 4 35— NBC— Carol Dels 7 :00— CBS— Hollywood hard Montana winter $135 10 6510 75 latter top on 98 head Hotel 137 soprano 1 per cent of those who imtaxes Raymond of a of with are a U compared $191156 than profit major financing agency NBC—The hard amber durum No 1 $135 138 of 9174713 In the like 1936 445— Ranch the benefit of the older men that orchestra Gorin Boye Paige’s Anne other weights Igor The straight: quarter So far this year petus behind this trend Another is No 1 red durum $131 133 5:00— NBC—Green Brothers’ orchestra Jamison Frances few common makes silk threads and vams weights practically absent their severest critics and opponents rode on the trains amounted — No 3 yellow 9131133 Trad- company 8 00— GBS— Philadelphia Langford 0 orchestra con- 5:15— NBC—Back Seat Driver to cotton threads and deals In silk fabrics slaughter pigs $9 00 medium-goothe government's promotion of home ingCorn 530— NBC—Talk by Lady Floud 1 cent lower basis to ducted sows in the move for lower passenger the plane riders 8 98 Stokowski unchanged QuoLeopold by 501 75 packing and are In centered hosiery Operations "Invisible Trade" cents lower James Trulow Adams noted his- 545— KDYL— Cattle Receipts 150 moderately active So there may be 1200000 or renovation work and electric appli- tations Putnam Conn and Petaluma Cal fares were some of the youngest of Oats — No 3 white 600— NBC — Jack MeAktn's orchestra torian guest speaker ance own 1937 sales on its in 1500000 guaranteed CBS — Babe Ruth sports commsnts 8:15— NBC— Goorg Hall’s orchestra 8:30— Barley the railroad presidents So youth 67c$126 6 30— KDYl— Sports — No 2 $108 and Interviews instalment loans A third factor is Rve 115 Pago of the Air Copyright 1937 or middle age do not have all of Flax — No 2 $2 1 2 04WKDYL— Radio Forum 2 17 8 4 5— KHL— Moon Over Africa Commodity Index the entrance of commercial banks 7:00— KDYL— Walts In Springtime Sweet clover seed $1400 1450 9:00— CBS — Poetlo Melodies 'Franklyn 7:30— KDYL— The Human Side of Music into the consumer credit field McCormack Jack Fulton and con- 800— NEW YORK April 15— The Associated NBC— First Nighter program: Don Reserve District No 12 cert orchestra Press wholesale 35 of index weighted price Amecha Barbara Luddy Liverpool 915— KSL— Home Harmonies Shop Now Thursday declined to 9503 REPORT OF CONDITION OF LIVERPOOL April 15 (AP) — Spot wheat commodities - Previous Varsity Show— John Held 930— CBS— Hal Kemp's orchestra Kay 8:30— NBC— 9520 week ago 9657 Jr master of ceremonies In fairness I should point out that —No 3 Manitoba broad10a lOd: new Roaafe month ago day the Thompson Rhythm 9583 ago year 7421 Singers cast from University of Southern 9a 11 10 id Anatrallan KHL— 10 :00— The recent of Train are Melody in Range years many Futurea —Cloacd eaay: Mav plans string RCA Victor California Radio Auto 20 41 3 937 1933-3trio vocal 1936 duets and eotolat 1935 4 NBC— a moi n' Andy 900— October 1 31Vt exchange High of the Federal Reserve instances a vast improvement over 10 :1 5— KSL — Evening Concert 98 34 89 22 78 68 7494 500 Autographed Baseballs 9d5 — NBC—Uncle Ezra'e Of Belt Lake City In the State of Utah 31 a member Radio Station KHL— The Old Gardener 89 3 5 71 33 Low 1030— 71 84 4144 certain previous methods For inlWf 9 JO— NBC—1 The Court of Human Rela— KHL— 10:35 System at the close of business on March International New (1926 average equals 100) tions stance the SINCLAIR Ban instalment mortin 10 :50— KtSL— In the Music Library 10:00— Published in accordance with can KDYL— The Laff ’Parade— Ken Winnipeg thBoa 11:00— KSL— Death Watch mystery series on new homes is sounder real Niles Elvia Allman Five Jones WINNIPEG April 15 (AP)— Wheat — of the Federal gage of dramas by Gladv the to Wagstaff provision Gilmore Wells three-yea- r Boys and Martha estate old the the — than Low Hlch Govrnorsof Clone “Two Boys and a Blonde1' Rrveyspursuant Plnney financing Rays Her 81 30X4 81 36X4 CBS— Eddie Oliver' 11 :30— AC’ Be8erV Orchestra 81394 whose was renewal 10:1ft—NBC— Deutsch’s orchestra mortgage Emery 1 254 ASSETS 11 July CBS— Rito’s :45— 132V Ted Flo Orchestra 13214 10:30— NBC — Harold Stem’s orchestra 1 22 1 20 1 21 $ 7024816 52 uncertain Also “easy payments” are October Midnight KDYL— News Loana and discounts wheat— No 1 northern 9136 12 00 — CBS — Pasadena Clvle Auditorium 1100— 11 :05—NBC—Slumber Hour 1230583 more conservative in some instances NoCash 2 northern $133 No 3 northern Orcnestra Way 11 :15— NBC— Southern Harmony Four — accounts than andor direct 12:30— CBS— Harrv Owens music particularly $130 charge 11 :30—NBC— Griff Williams State government obligations United Orchestra 7606725 00 2 white Oats —No 57 e KSL — 8:30 12:45— CBS— Tommy Tucker and hlf Otv U2:O0— NBC—Phil No “ Harris’ orchestra fully guaranteed 451473315 those charge accounts which are white 55c chestra S (M as our So Other bonds stocks and securities and fixtures M A 00 “slow” T) 115000 long 11500000 habitually 1230— NBC—Ran WUde'g Orchestra 1 :00—K8L— 7090286 national income is swelling the volBanking houss none Furniture t Entry Blinks at Sinclair Peileri — 1:00— KDYL — Real estate owned other than banking house (Paid Adv) 355469301 (Paid Adv) to can ume of total sales instalment mMutrve with Federal Reserve bank Wall Street Briefs Caahbalances with ather banks and cash items In 676627890 rise along with it However if these process pf collection 9659166 sales continue to expand as rapidly Other assets By Associated Press as they have in the past year inNEW YORK April 15 — E F Weston 82976204693 stalment credit may be onf of the iresident told stockholders at annual meet-nTotal of Weston Electrical Instrument corpobanes of our next boom! LIABILITIES Music ration that shipments In the first quarter Rhythm volume both The of of the year were about 26 per cent ahead broadening Demand deposits of Individuals partnerships and same of the in 1936 Indicated and quarter $1252253446 anof sales is “time” and type v just corporations irofita for the period were well ahead of ast year March Incoming orders exceeded Time deposits of Individuals partnerships and corHal 8344823 57 other milepost on the highway to those of March last year by 48 per cent makis inflation federal Our porations 100884552 budget he said State county and municipal deposits little do toward officers checks ing you progress balancing Deposits of other banks certified and 518862376 Bank credit loves it company announced It would W'ILL expansion is now under call for sredemption outstanding etc June 1 its 6 per cent to take loans items: more are commercial above of things Total bonds in amount of 9200000 way first mortgage 48000000 to $38500 bonds for sinking off your ugly fatT by the pledge of loans and'or Investments! - Secured than one billion dollars above a year Infundaddition purposes Company also will retire Not secured by the pledge of loans andor lnvest- 2658482731 ago Financing for new capital last on( or before July 1 this year 169 shares Firat eatmixaensibly menta a 7 per cent preferred for sinking fund Second month was $100000000 above March of giaae of Welch’s 827p648273l of last year Commodity prices have purposes Total deposits 96 Juice 36777 with Thomas I Parkinson president of the Grape Interest accrued and unpaid 2750 00 leaped to the highest level since 1929 Equitable Life Assurance society of the of a glass of watee Accrued Interest on capital debentures 758128 Wage boosts throughout all United States Thursday reported new bus! and drink befor liabilities Other - du4nfMaJsh-v£ludirJqmnsas — — — — — paid fuel — ta thaflamaa : "" ineala’ an at bedCapital account:— additions ana all annuities totaled j dietautumn should be sub- vtvals this Prices an Increase of 31 per cetii time Nostrict Capital debentures: $55562216 over March 1936 The new business for the Bold to Reconstruction Finance Cora than year ago or stantially higher exercising ing 55000000 addiof exclusive revivals first 000 00 poration Protect yourself Anticipate your tions quarter and annuities totaled $127526287 taking drugs YxtI stock— 15000 shares Pr 1500000001 82050 Common over cent er a the first three 20 of ingain autumn needs but —weight losses of Shop today gl0000per share months of 19 200000 00 7 pounds a month crease your buying power by paying Surplus account 45 Retiring Gray i Chicago Grain By ROGER W BABSON WASHINGTON April 16- -1 am not surprised by the disappointing reports of spring retail trade re cently turned In all over the country Latest figures show unit sales only slightly above last year’s level while general business is running 20 per cent above the same period There are various reasons for this unsatisfactory showing such as cold weather an early Easter labor un settlement higher prices and the heavy sales volume during Febru ary As the season works along how ever the current lag in sales should bolster volume in May and June Prices StillyClinibing Retail trade is our most sensitive index of public sentiment In the final analysis public sentiment rules the volume of business Viewed from this angle the present stalling of American buying is not a good omen Factories are running day and night Warehouses are filling up with goods Merchants have the big' gest supply of stocks on hand in five years All this is based on the theory that much higher prices and favorable trade are ahead Actually latest reports show department store sales only 5 to 10 per cent above last year while mail order and chain store results are somewhat better These figures are in accordance with my previous estimates but it should be remembered that they represent n - e ’ 12 4949c llUS-poun- d d a d ‘ ‘ e 160-18- 100-13- 0 b o M T (AP-U8)- Radio Programs 180-30- 140-17- 0 d in lyjRwVD week-en- car-lot- 1268-poun- d im 180-30- 0 360-1H- 140-16- 0 poultry-rooster- s 3232c Trans-Radi- o Trans-Radi- o Trans-Radi- 200-30- 0 150-19- v 2424c 5456c 11 Traw-Radi- o Easy-payme- nt li n -- d ) Trans-Radi- e d - 4 300-00- 12 4951e ‘ Walker Bank U Trust Company T4 ! $ “by" £ Tune ar Here's That Amazing g to BABE RUTH Trans-Radi- CONTEST Lose Ugly Good-Nig- Fat! Good-nigh- and everybody r Drlver-Harrl- "i o indus-tryanaddi- -- ‘ff 4 Total 1 I i A 258439 116170 93 2550000 Undivided profits— net Reserves for contingencies Retirement fund for capital debentures capital 2650110 38 account' 829762046 93 Total Including capital account MEMORANDUM: Loans and Investments Pledged to Secure Liabilities United States government obligations direct andor 460000 00 fully guaranteed 5000000 Other bonds stocks and securities Total pledged excluding rediscounts j Pledged! Against deposits of trust department the exercise of With state authorities to qualify for ' fiduciary powers $ 51000000 9 48000000 3600000 M’00M ft Total pledged State of' Utah County of Salt Lake— sssworn according to law deposes and says H M Chamberlain being first duly above named bank and that the above and forethat he Is vice president of the statement of tha condition of the correct and true a foil contains going report Id bank at the close of business on the 3JE"chv‘1(i9”resldeIlt ‘nd Bub?se Itv W“ commission m 10 bef0r fit A NELLIG A74 Notary Public Residing at Salt Lake City Utah will expire November 7 1938" s - — thl Correct Attest ‘ JOHN EAA M NEW YORK April 3 5 (AP) -- J P Mor- gan A Co and Guaranty Trust company of New York sinking fund administrators cash! have been credited to this taft method announced Thursday the redemption June Use Welch's— made trass Rich overdO wcish the sme as next of $495500 of Kingdom of Belgium from the finest she did it Id She external loan 7 per cent gold bonds due al- Of the total 9365000 represents grapes grown in 1955 says "Eat ttwbly bonda the full held by —Drink Belgian government ways strength Wnlcbi NEW YORK April 15 (AP) — Raw sugar while remaining $130500 have been always pure Grp Juice was unchanged Thursday at 345 for spots drawn the by lot for redemption at 107 No sales were reported The administrators reported 933500 of the There were buyers at the 3 45 level and bonda called were “ sttU unresome indications that as much as 347 might deemed previously WATCNiOrOUKIIUSBANO’SWEIGHl be paid In certain positions but there was nothtna offered below 350 Insurance Companies warn about the in irly gains s under liquidation and hedge dangers of overweight For they have No 3 closed unchanged to 1 pol ing definitely proved thatoverweightplaccs 4 No tons with of The 5150 salea higher NEW YORK April 15 (AP)— Coffee contract advanced 1 to 1 point early became more active on Increased trade and too muchof a load on the heart is often to 2 but closed with net losses or 1 Brazil buyjiug hi late trading Thursday associated with such diseases as diapoints as July reacted from 129 to 125 aided by rumors the National Federation doe-lu- g to 1 28 betes and kidney trouble— and shortand September from 1 31 of Coffee Growers of Colombia was nego at the lowest with sales of 9500 tons for a loan to purchase coffee ens the normal span of life Don’t allow Close (No 3): May 2 55b July 253b tlattng 2 points higher and closed Santos opened Jan252n Bales 17250 bags to 18 points higher September 2 53b November your husband to become overweight uary 250b March 250b No 7 opened 1 to' 4 points higher and Suggest this amaaingiy easy pleasant bBld nNominal Sales 8000 close 6 to 7 points higher Refined was unchanged At 4 80 for fine safe Welch way to reduce Closing quotations — Santos May 10 68 granulated but aside from moderate with- July 10 46 September- 1027 December drawal on old contracts business WA light 10 20 March 10 18 No 7 May 6 92 TONIGHT March 701 July 0 99 September and Spot coffee quiet Rio 7s 9c r Santos 4s Treasury Report ' i WASHINGTON April 15 ( AP)— ThA po- 11Vic: sition of tha treasury on April 13: Receipts 915474077 01 expenditures KLO — o’clock balance $16269148 14 51803 893-0754: customs receipts for the month WASHINGTON April 15 (APV— The Ce WsiMlrf N Y $19761286 receipts for the fiscal year federal reserve board reported Thursday Welch Grape (since Julv 1) 9 1922 625588 34 expen- that last week's loans to brokers and dealers on securities held by reporting member ditures $5848252 561 39 including 845177 80 of emergency expenditures banks in New York City totaled $1076-00000excess of expenditures The week ended Wednesday and 91925626973 05 gross debt 93463290891169 a decrease the total represented a decrease of 95000-00- 0 of 9155 771 51 tinder the previous dav when compared with the previous week gold asset 911667 708168 06 includiug Loans for the corresponding week year $450452963 of inactive gold ago totaled 91047j000000 Raw Sugar Coffee Market Loans to Brokers Drop J QALLIGAN HAMILTON KEY8ER Directors State of Utah Office of Bank Commissioner I Rulon F Starley Bank Commissioner of the State of Utah do hereby is a true and correct copy of the statement of the eertiiy that the foregoingllled in my office on April 14 1917 above named company K F STARLKY Bank Commissioner ' IRENE RICH 6 Jsle COLUMBIA STATIONS esterfield THE FIRST PRODUCT TO HOLD TWO NATIONAL RADIO AWARDS |