Show 8B JUNE THE SALT LAKE TRIBUNE SUNDAY MORNING 1937 6 Profit Taking Toward Close Cuts Into Gains on N Y Stodk Exchange -- Mart Lags As Traders Prove Wary Quotations Of AVLRAGE NEW YORK Jun S (AP) — following ! lift of Saturday's ftock transaction! on the Naw York stock exchange: HTCX'KS Sales hi hundreda) I Net ISaleal Hlgb Low Last Chg — 60 (jrV-Qui- et ft ilMIMH urday's stock market on balance But profit selling mads its appearance after an aajly forward tilt and extreme advances were pared or canceled in many instances Small fractional gains were in the majority at the finish The gold problem continued to hold the attention of Wall Street but Friday's assurance of the president regarding maintenance of the 2s! 724k Air Raduc Alaska Jim: - mm tmmmmmmmmmmummmmnmwmm ' H UssBtaj Allied Bin A Bursas Am B Notel A no pr m Can A lllllllllllllllllllll nlttlliiallHMMaBHHllin I 69 Am Melal Am Pill Am Rid Am Roll Ml HalRarl Am price of the yellow metal seemed lo Am 8 Rl Am Htl F have buoyed both speculative and Am Tl T investment sentiment to some ex- Am Tob do B tent Am Type F Cash In Earnings Am WWkal at Bore-War- Budd Btarr 113 Wh Ad E 4 JSf a 24s Labor Deadlock Continues Her — Continuance © the steel labor Cat Ckm D 0 A deadlock kept shares in this depar- Canad Pac tment subdued Rails shifted about carriers J I Case uneasily as carrier wage negotia- Caterpll Trl ( 'OlHiiese tions gave indications of being a Oolotex n out affair Agriculture Oerro de P machinery stocks were given a brisk Cf'ertalu-ti-O t lift for a time as traders weighed Ches Corp crop prospects and concluded they Cchi4 atN W w augured well for larger farm in Chrysler Coca-Onlcomes Utilities held to a restricted) Golsrate-t "Ol (1 A I Col Pic vtcl r n ir j:j a Lit on neiier uiu Doiuia commodCol carb ities were mixed as grains broke Com Credit So v sou sharply at Chicago Wheat lost 3 Com Com to 4Vi cents a bushel and corn was Congoleum Is Ed Con Cotton was up 15 down IV to 3 do pf Con Oil to 35 cents a bale Con While gold was taken in sizable Cont Text Bk A B amounts at London for shipment to Condo Can America the British rate was raised Cont O Dell about 1 cent an ounce after a drop Corn Prod of some 8 cents yesterday Both Coty Crane Co cr of WhZelll sterling and the French franc were Crown moderately improved in terms of turtisa-w- Susl the dollar do A —n Point or More Gains Deere 4 Co Among shares closing up as much Deldo ApfHud as a point or so were Deere at 134 Del DAW Detroit Fid International Harvester 112 J I Dia C Seail Case 171 DiiPont 158 Flintkote sun 31 Vi Union Pacific 140 Western DouKlaa Alrl UU HOIlt — E— Union 58'i Cerro de Pasco 6(Hi Knton Mfe and General American Transporta El Auto Lll tio 60 El PAL IS 31 im 27 K 20H 87 S 1844 23 0LJ5 344 L 2344 46 24 46 U f 13 1H 9 1644 0 4544 401 44 A long-draw- SOU 21 2 1A 50 4 281 7JH II 2U tl4aj 15 2 161 9 - - 40 43 59 U 784J 194 1 I fl 4 A3 ii 44 4i 3 were U S Steel fin Pacific 61 Vs Santa Fe 84 Sears Roebuck 89 and Douglas Aircraft 68 Standard Oil of Ncw Jersey 66 Oen Am Tri Gen Rsk Oen Bronze Oen Oaole fien Cigar rien Klec Oen Foods NEW YORK June 5 (API— American Oen alllls bureau of metal statistics reported Saturday Oan Mot do af that lead stocks at smelters and refiners' works in the United States declined In April Oan Ry 8I5I from 213007 short tons to 200490 tons Oen R a Ol This Is the tenth consecutive monthly drop uen The Kq In lead stocks Gillette Good rich Goodyear Trade circles indicate that Iron ore mov- MTraham-ements from the Lake Superior region which accounts for nearly 80 per cent of all Iron Gran by CM ore mined in the United States In 1937 ui rsor ir Ore ctf will show an Increase of between 30 per cent to 35 per cant over 1036 or somewhere be- Gt N Rv pfi CSt W BU tween 55000000 and 60000000 tons Greyhound United males refined sugar exports for HavcaH— Bod the first four months of 1037 totaled 23046 nr tana in Holly long tons compared with 14852 the same period ot 1036 an incrraV ol HomewtSIf B Hud-anA Cor 55 about per cent Lamborn Sd How flounced Saturday Htidaon M Mot NEW YORK June 5 (AP) — Nstlonsl Hupp 111 "cam I Broadcasting on company reported Saturday time sales its combined networks dur-Iii- k Inrlua Ray May totaled $3214819 au Increase of luster Rami in ine same Inlatio: Htl 3Da per cent over szom i month a ysar ago Insolr Cod I Interlake Chicago 1 Northwestern has ordered on Int Hhrveat locomotive from American Locomotive Int Hy-EIof nine ordered a total companv making lui r run since February General Electric company Int Shoe haa received an order from East Erie Com- Int T T for one mercial railroad Pullman-StandarCar switching engine and Ch- Johtn-MaManufacturing company Is supplying K— Pacific with ten Rock Island icago Kenuacott s coaches Kreasre 8 81 KmK Grec Wall Street Briefs f : 1464304014 Receipts for ths fiscal year since July 1 $448229591174: expenditures $8R8Vof 82001018 Including $262862542839 emergency expenditures: excess of expenditure $240352409844 gross debt $35 27360s7m87 a decrease of $1356153 It 35 36 £ tinder the previous day gold assets 81 Including $80783208244 of Inactive gold Naah Trkal Macy R Mar Field McCrory Mclntyre M K Mencel Mesta MM-- 35 it - 8 Ralph A & Go Badger AND BONDS IS WIST 2ND SOUTH STREET STOCKS 184 134 135 134 28 54 2844 44 "4 44 V4 18 111 44 2144 40 58 1 i 214 4014 58 4i 1000 1000 147 2000 2000 1000 2000 100 500 3000 10000 Ashley Valley Oil Arrow Petroleum Allied Mines Birthday Con Centennial Gold Dead Cedar Dorco Fur Farm Golden Ensign Lead Strike Opohongo Park Cumminga Park City Utah Price Mining Queen Esther 1000 200 3000 1000 3000 Tungsten Mines 1000 Tintlc Ophlr 3000 Utah Galena 300 Utah-Idah- o Sugar 4000 Union Associated 1 Western 15 01 01 m Market 800 U'i mi 01 03 275 02 04'4 Make Bid Make Bid OJVa 300 01 Liver tock WE WILL BUY Arrowhead Petroleum Centennial Gold 500 1000 2000 Dead Cedar 5000 Equity Oil 100O 500 2000 1000 2000 1000 Grimes Homestaka Koyie Mining Lead Strike New Psrk West Butte Wasatch Oold Bid 00 on 0 44 57 4 31 261 ll 26 f 11 A9 51 81 11 11 1 1244 844 25 II 40J4 44 54 3044 II 63 4 281 r' 411 11118 344 2IH4 y39 - 44 344 121 231 51 161 21 4 53 H 35 13 74 21 21 1344 35 1344 5 5 33 VI 1385 1 ll 20 385 21 21 2144 44 U 53' Wcsa OAS W Ui Tel West Air West ElftM While Mot Wilson Woolworth Worth PftM —V Yuung SAT — z— Zenith Rad Zonlte Prod 7l4 164l 3i 21 27 4i 3914 113144 1130 IJilutl B9 24 It 1! 5914 43 IA 1 3113944 120 50 U 58 21 !'!: inn n 48 copper 'A 144 31 44 90 m 140 - 90 144 10114 24 140 244 1544 1544 264 21'' 24 V 24 ij 83 M 8314 414 12vJ 1244 44 79 4 79 1214 12' - 44 108 '4 10811- - !tf 4 12V4 60 no 92 92 87 87 10144 244 102H ll 28441 2844 ll 26 26' 1BU XV 2U 6 14 48 6 13 48 3814' 58U 44 '244 " 2844 26 1 7 3 8 5 44 - 1 29 6 13 48 5814 44 24 81 31 24 9U 47'lZ 3514 9t4 35 44 24 944 4644 35 1 4 85441 8514 8544 2 3' m 464- 5m 2 2 2 1 130 Service a So war Cit lea do pfd Com Con Alrj Con Cop 19 1 11 3 12 29 2 3 3 Mines Bond A Share do 5s pfd Equity Corp Kl Btl 's LI - pound 5400 Norway 2479: Sweden 22 23 Denmark Finland 2 19 Switzerland 2282 Spain unquoted Portu 18 97 Oreece 91 Poland gal 448 349 Jugoslavia 234 Austria ib 71 nominal Hungary 19 mo Rumania 75: Argentina 3288 nominal tO t TaLIa nmlnalUrail tiflni' Can Oil 18l 111 8tl01 r 7 41 21 BakJ 1 I 20 88 3 9 44 ' 18 93441 a 2 16 3 46 441- 15V4 3 2AV4 2614 49 A6V4 39 44 1744 0344 191 2fl'4l 29Ti 0B 9 1741I Hi Bk Cham -- H:t lhl 1 V V4! 58 40 144 64 3 44 47 18t4 '36 1744' (4 314 4714 44 44 6 2 4 44 1044 1 6 44 58 2414 10 24 1014 16 1 r Tr Manufacturers Nt 68 44 T: Tr 67 - 1'18'4l J64i 8'Il- 114! 27' 9V4' il- III I 7HI TVI- - 44 44 V4 335 15 53 44 43 City INSURANCE 46 28 7 23 30 34 8 82 614 54 CHICAGO June 5 (API — Following Is a list of transactions in stocks on the Chl- NEW YORK June 1 f AP After hold- tii narrow range cotton turned csgo stock exchange Saturday: wllhln steadier in the late trailing Saturday on sales High Low Close moderate price filing and week-encovarliiR Bsaati la BMaa 50 A from October 1287 fo 12 72 and rallied 46 ion 46 closed 1271 with final prices 3' to 7 points Chi Flex Shaft 50 6444! 6444 net higher soo Cities Service 3 ruturea cioseo aieady 3 to 7 higher 300 31 31 Corp Corp Hlrh Low Close 2nn Kl Household 71 12 75 July 12 T3 Marsh Field 550 26 IJ 70 28 20' 12 72 October 12 72 12 67 Midland 44 1800! Unit m 12 Dereinlier 12 68 12 64 Hears Roebuck 50' 89 U' 89 UI 89 It 1 1 12 66 200 23 4k 23 4a 23 44 January n!2 69 Swift 4 Co 12 77 March 12 77 12 70 Walgreen dui zn ztifa 7 12 2 77 Zenith May OU ad 73 1f4jt tock sales Saturday 14000 Spot I Nc stead y middling 1324 4 1lO -- ll)S-lI- iubc 64 -- itz 10 98 V4 97 9814 97 08 44 23 18 1744 1744 fl8814 ?8H Mi) I 1 7814 784 Par CAE 4s 64 Pa RR 4 14 db 70 to ia s 70 Phlla Co 5s 67 Port O E 4 14s 60 Post TAC 5s 53 Pure 0 4U 50 ww 5U xw do 4 K R Rand 4148 56 sti 514 a a Rep do 514s 54 do 4 44s 58 ? do 4 '4s 50 1 ' 6 94V4'444 1 7314 73 44 2 105VJ 10514 10514 7 10214I1O244 1O2 44 94 103 06 15 9944 105 8844 55 Belgium 8s68 41 Braill 6 IAS 26 57 Canada 4a 60 Copenhag 5s43 52 Cuba 548 Frencn 7 44 s 41 0 O lull 5MlS 85 Oer Govt 7s 49 OCEPJan 7s 44 Ital P Ut 78 52 Italy 7s 31 54 Japan T 58 50 cvt Kr N 8 Wales 5s 57 50 Poland 8s Toklo C 6448 61 Aa 64l ''': 07 Sit at 0T illu- oino - 68c i 11034 t 23 102 14101 44 10144 15 looviiou viiiuim 11 101 99441100 100 100 107 9110244 102 tin 1! 1084 108 44 108 41 44 44 4344 374 3744 :w 51107 44 107 4j 107 99 99 5 100 01 6144 8144 61 1 11 'l j 11944 1 27 4 8 27 44 t27 32 171 3244 3244 I'D 1 96 96 4 7444 7444 74 2 8344 85 nT4 12 99 44 99 44 99 44 4914 5 4944 49 2 10314 102 1 4744 81 la 47 so 79 11 80 I mn 23 44c Bid Amalna Suit nfd Con Wag Ma uian r ire iay Utah P 4 L 6 pfd do 17 nfd Z O M I Asked 7 65 3 03 97 50 55 00 64 00 63 00 7 50 2 85 90 00 49 00 59 50 59 00 Bid Sugar com First Sec Cprp A Utah Home Fire Ins Utah Southern Oil Utah Oil Refitting (375 22 00 Holly Sugar 4s 37 do "shorts" L Ogden 5s 34 Hotel Utah 5s 41 96 50 98 00 Utah-Idah- Sugar 155 00 1 40 10 50 2200 104 50 103 50 Asked ( 233 90 00 165 00 1 50 1123 97 99 25 106 50 00 00 00 10450 't Wool Market Boston Stock List Earnings Reports Investing Companies NEW YORK June 5 (AP)— New York Security Dealers' association bid and asked prices Saturday: Bid Bullock Fund Can Inv Fund Corporate Trust aa no do AA mod Dividend Shares Fund Investors Inc Fund Tr shsres A do I Maryland Fund Nation Wids Sec do vol Qliarterlv Ine Shares Stand Utll Inc Super nf Am Tr n V 8 E L Pow A do H do vot 21 4 2 2 3 1 23 6 5 9 4 2 17 7 16 25 45 Asked 23 00 4 85 Dividends NEW YORK Juns 5 (AP)— Davison Chemical corporation declared a special dividend today of 60 cents payable June 18 to stock of record June 14 This la the first dividend paid since November 00 1920 82 64 declared company an extra dividend of 75 today 2 08 93 cents and ths 83 25 16 regular quarterly dividend of 75 cents on the common stock payabis July 1 to stock 6 88 23 of record June 13 The company makes 71 Infant diet materials 49 1040-37 47 2 IS 02 75 19 44 MINNEAPOLIS 78 lime 5 ( A P —Flniir 84 87 Carload lots par barrel In cotrbn 37 441 16 87 44 aactts family patents 5c lower (685 7 05: standard patents 20c lower a t (600 1 95 03 shipments 24192 bran— (2900 29 50 Flour fi t'V 11 5 00 04 44 5s 14 dipped to 25 17 35 66 40 12 0144' 1460 52 0344' 0244 03V4 03 08 03 03 03 80 7 25 01 02 9 10 8ug pfd 3 OO 14 05 2 90 09 03 03 44 074 New York Stocks irregular leaders meet profit selling Bonds steady junior rails well Curb narrow trading light Foreign exchange higher sterling and francs advance Cotton improved higher cables weekend covering Sugar closed Coffee closed Chicago Wheat weak heavy liquidating alei Corn lower influenced by wheat Cattle nominal Hogs nominally steady INDUSTRIALS S Con Konold Nelson taken Salt Lake Curb Amalg Curb Retreats Toward Close 04 44 1 10 0144 21 04 44 24 ic NEW YORK June 5 UP)—After pushing a little higher in the first hour the curb market retreated Saturday as buying interest waned The close was mixed A few industrials were responsive to a moderate demancbfiTechnicolor E W Bliss companjjnternational Petroleum Humble Oil and St Regis Paper finished with some gains Gulf fell back after a fair rise in early dealings Fractionally lower were the final prices for Arkansas Natural Gas A Consolidated Air- craft Niagara Hudson Power New-moand New Jersey Zinc Transactions of 74000 shares were the smallest for a Saturday in about a year Previous Saturday volume was 161000 shares nt Ore Shipments BlNflt AM Ml- Unlisted Industrials 88 08 44 09 06 1262 44 Markets at a Glance 184c 4c Park King 3000 at 844 c Royston Coalition 2000 at 144c Silver Standard 2000 at 2c West Toledo 5000 at 9c 113 113 9814 9614 9844 9944 Foreign dollar bonds failed to stir up interest and prices showed only minor changes 0144 10 KM rark city Consolidated 2500 at Pioche Bristol 1000 at Young SAT 4s 61 FOREIGN BONDS (Sales in 81000) lHOOH 100 Are fis 61 Feb 111107 44 xut Australia 5s 55 5H °81 02 44 03 55 25 05 00 44 Utah Wvo Con Oil Victor Con Walker Mining West Toledo Wllbert Yankee Con Zuma "ii8i NEW YORK June 5 UP)— The bond market plodded through quiet session Saturday and emerged with many gain gains as turned up U S a group following Friday's slightand finished ly erratic movements with advances ranging to of a point While several remained even on the day none lost ground Turnover for the short session totaled 14363000 face value for all bonds compared with $3895000 on May 22 A week ago the market was closed to inaugurate the long Memorial day holiday Wait Note Offering Virtually all members of theMoncommunity looked to day's note offering by the treasfactors ury for some direction around which to build trading and Successful investment policies completion of the federal operation was expected to stimulate trading and also bring to light a number of sixable corporate offerings now eligible for marketing Lower rated railroad bonds attracted a following of sorts Saturi nMnl) J ) day aiiu muveu tincau ttons as did public utility issues The Associated Press averages for 20 carriers' liens moved up 1 of a point to 936 and the 10 utilities gained the same amount at 981 Hudson Manhattan refunding 5s advanced 1 point to 6714 Southern Railway 4s added 8 at 78 and SL Paul 5s of 1975 edged a bit higher On the down side were 6s off International Hydro-Electr8 at 76 8 and Interborough Rapid Transit 5s continued to slide to 6314 Postal Telephone losing 15 0144 0144 01 14 1 95 0214 f King docom vac 10144I10144I1O144 do sSia Cty Bond Trade Featured by Small Gains VI oia h Utah-Idah- o - 'VS? Rtneham Metals rnn i 84 105441105 60" ' voo-'-voo- ?i HATURDAV 10844 10844 TRRAStL 4s 53 1: Un Pac 1st 4a 47 do 3MS 70 Utah LAT 5s 44 Utah PAL 5s 44 "O "8:6o"':6i 2 2 So''4 '"67" OS"' ouu at dc: zoo at osc Eureka Lilly 400 at 95c Great Western 50O0 at 144c Howell 5000 at 3 44c Mammoth 100 at (190 Ohio CoDDer 500 at 20c Park Bingham 2000 at 4Ue- - mio 25 2614 99 !I7 0744 0114 68 Premier Utah Pioche Bristol Plumbic Mines Plutus Prince Con Provo Rico Argentina Royston Coaln Sliver King Coal Silver King West Sliver Shield 8ilver Standard Sioux Mines So Iron Blossom So 8tandard Swansea Con Tar Baby Tintlc Central Tintlc Lead Tintlc Standard Union Chief Utah Con 02 0844 asm Bristol Silver 1000 at 18c 500 at Cardiff 500 at 48c Combined Metals 1000 at 09U Comet Coalition 300 nl l7c- ono H Va Ry 3Vs 66 West Un 5s 51 do 41is 50 do 5s 60 Whl Stl 4 148 66 A 3?§ 06 Park Park Park ' Park Park Park 12" 0114 0244 55 "o:o35" 9944 9714 160 10344 IB g?4 0144 07a 98 m ilg 117 & "iff"''" i044r !l3 02 44 02 44 1 05 A City Copper Mountain View Nalldriver Nellie Meda New premier New Qlllncy North Lily North Standard Ohio Copper Park Bingham "i!6244 "i'024i g a lit I !3" S?'4 4 8O 10744 118 llS see 03i 0 47M 03 Moscow no 02 04 ?g 8 l06J4W ion 0144 ' I" 12 Miller Hill Miners Oold Missouri Monarch ""Mii 'Vdaii £ 151 :o5 01114V 1113 44 1113 44 3 10544 10514'10544 Shell Un 314 s 51 Skelly OH 4s 51 Ho Cal Oas 4s 65 Sou Pac 414s 61 46 do do 414s Ore 77 Std Oil N J 3a 61 cvt 45 8tude 6s Michigan-Uta- 01 8 10344 10344 10344 11 9744 96? 0745 8t L 8 F 418 78 do 4s 50 A ni 01 1T 10344 10344 4044 4044 1844 1854 9444 9444 9444 Rev CAB 414 56 liOO ?3 04 15 §g 7 104 994? J f3 n 09 29 9944 20 4044 23 19 IVtt nar 1 JS 10444 IA 39 77V4I 3I10514U0514I1O314 no 01 4tVj 3 7314 12100 A ASKED 44 Chain Great Western Horn Silver Howell Indian Queen iron King Kennebec Kentucky Utah Keystone Lehl Tintlc Leonora Little May Magnolia Lead Mammoth o"? oiv4 110 50 W 68lSiliiJo4lSo!4 e'lOT Oold fl2 TTrhrTTTrrTTt u gi O K 7814 JlJti$t wfilllm 03V4 190 SS 7 IO214 102'A 102V4 9944 130' 125 5iv4 MW J ooi "I iau -iauuL 11 '11 17 00 16U 7 9944 - 14 i2w 7 103 ?4U Hft 0'Jg 2 103V4ll0344ll0344 4 103 n XiW JoiV 1018444 104 oil :m 1 08 105 T oia o23 I : 2 nS 18 1041411034 104 105 1 - la 11 1 1024110214 1024-1110544 105 10514 mM 83 35 All'Z 2I JS 8T 0514 2214 9? Ssa 1214 70 03 0514 2214 84 1 01 00 00 44 Bullion Cardiff ueaar 1 ans Central Standard Chief Con Ciaytoo Bllver uotoraoo tou Colb Rexall Combined Metals Comet Coaln Commonwealth Lead Crescent Bade Croff Crown Point J nDragoEast Crown Point East maiulard East Tlntlc Coal East Tlntle Con East Utah Empire Mines Etirelta Bullion Eureka Lilly rmrcKa fliinee Eureka Standard 48 03 25 01 m 22V4 88V4 68 44 1 11214111244 11244 1 63 ' 52 89 1" " '::2574 wiuiiii 0214 02 1444 45 2 2fl4 4614 J BID Alta Tun Am Metal M Co Beaver Oold Cop Big mil Metals Bingham is lack Metals Bonanza Mining Bristol Silver 01441 0014 :8 99 76 0!u so"" 6 1 :o2 I Uii 110 2110 T o a 1034410344jlO34 Vk 06 30 110 I 184 60 ' si 014 02 44 iioiov'iSa 3 "til 2? STOCKS : Total sales Saturday (4363000: week iwo aao closed: year ago smoosuuu January 1 to data years ago (4516000: aeo — Buyers' BOSTON June 5 (1623160000 Interest (1550568000 year In domestic wools Increased during two years ago i4BO2tiruw the laat week although actual trading volume was about unchanged There was more activity than In recent weeks In getting Information on various unes neiug orrereo A few purchases of fine western wools were rhade for Immediate Fair weights of country packed Juna 5 (AP) — Following are needs ROSTON fleece woole were taken by a few the sales high low and closing prices of st rks traded Sstunlay on the Boston stock concerns ai suiiening prices Graded Ohio fleeces were quiet with fine exrhange: delaine quoted 40441 cents In the grease Sales! Hlghl Low Close and staple combing half blood at 42 cents A fsw tots ws re moved In combing 131 131 Alb A 40 Boston ll 1314 in s lengths at 42 0 43 cents and as t Boston Kiev quarter oiooa at 41 vim:: cents 200 114 Copper Range o 10 8 Best 8 Edison Elec III 35131 10' JIT 70 14 Employers Group 4 100 Isls Royals 127 844 25 Narragaiisett Rac NEW YORK June 5 (API — Amaliramal 53 New Enc T4T ed Sugar companv reported todav net 6914 North Butte 1 0701 for the 12 montha ended March 31 1814 Old profit 51 24 Colony R R last nf (713816 after depreciation federal 340 8 200 Mining Income taxes and other charges compared 1644 Qulncy 201 13 V A ssn cv Hhawmut with a net profit In the previous year of 55 Va 05 Torrington 47 51 Union Twist Dr The comnanv's annual renort stated (hat 01 Unit Shoe Mach authorized capital stock now consisted of 2 93501 Utah Metal 750000 (10 par shares of 5 per cent 48 first preferred of which 889146 Total Boston stock sales Saturday 17136 cumulative shares were Issusd and 750000 sharea of enares 91 par common siock 01 whlcn 690549 were shares Issued The fiscal year of the company has been chanced to end September 30 Instead of March 31 Cotton Market t 1714'- 114 64 3 4714 'i 44 trade 021 56 344 Stocks Tr Tr Cont Bk at Gusranty Irving Tr Chicago Slock List 29 194aTl 1914 19HU 4441 4441- - in 02 4614 34i- 744 Aetna Ins Aetna Life Bait Amar MONTR B A L Juns 5 I API — Silver fu Carolina tures closed steady 8 to 13 rusher no Franklin Fire saiea jiuy sssu 010: oeptemner 4479 Horns Ins vld December 4480 bid Nat Liberty U 8 Fir 1944 I V 131 Phelpa Rod! Phil R car Ptnr 1 44 664 Montreal Silver Farm Kiev 32 1 814 144 4 18 44 114 Bankers Tr Cen II Bsc cnaae Nat - 44 Shanghai 29 90: Hongkong 30 44: Mexico 31KU in :New Montreal zroa York city New 99 98 York la Montreal 90 U 144 10001 78141- pf 31 4 i 3l Czsiho-Slovaki- 30'- "A 68 58 2 2 2 Flak Rubber 1344 1344 1344 1 Ford M A 23 23 23 41 Ooldfleld Con 14 44 '4 Gulf Oil 10 SS 5374 54 Hecla Miu 2 1744 1714 1714 7 35 4 Internet Hat 35 3544 Lockhead 3 12 Aire 1244 12 1 105 Newmoiint Id in 105 105 Hud 2 Pow 1144 1144 Nlag 3 Nlplaalus Mlns 2H 244 244 P o a 1 1 p(d 29 44 29 V 29 14 Pennroad 1 3T4 3 314 Premier Oold 1 2Vs 244 244 Hlierwln 2 125 Wms 125 12514 Sunshine Mng 3 1044 1914 194 14 2844 Technicolor 2814 2814 1 Trans Lux 4 44 4Vt 414 United Oaa 7 9 914 - 9vJ Un Lt 7 644 344 Pow A 544 Utah 1 40 44 4014 4014 pfd DOMESTIC BONDS (Sales In J 10OO) Alum Co Sa 52 5105 IOS44IIO514 Alum Ltd 48 11061 10614 10614 5s2028 AmGAE AOTWIISIra Aml'al 6a 2016 91 Va! 911 91 Am Roll M 5448 2 108 102 ts 103 As Elec 4 44)8 52 41 52 44 5214! 6244 Bell T C 5a 55 A 5 114 114 114 1 Chi P T 5 Vis 42 10244 10244 1024 C S Pow 5 44s 52 4 66V lll bb! Com Ed 4a 81 F 6 106 1081 10U do 244 a 06 H 111 104 1:104 C G a K 5a 58 A 131 Hi 84 8344 3! Fl P I 5s 2O30 84 84 711 2! 79 44 79 Hy Fd 6a 49 A IllPstL 5s 56 C 111 06 9514 96H IndPaL 5s 57 A 71106 105V105y Nev Cal E 5a 58 4 H4 84 S3 NEGAE 5s 50 0 67441 67441 6744 7 4 10514 10514 IOI14 NYPAL 4 14a 1 NYaEaG 4 44 S 80! 100 4a 1004 lOOH 61 NlPaS 4 Vi s 70 a 9544 95 V 9514 Okla N G 46 102 11102 '102 P P A L 5a 35 8 7314 7444 8' 91 44' 9114 PlilAC 4s 81 B 114 1 103 44 PSNI1I 4 44) a 81 103 14 1103 14 5i 83 PSPlt 5 Vis 49 83 8314 Uj do 444s SO D 131 7 6 44 76 76Vj 1 SEPAL 6a 2025 A 9314: 94 94 So Cal Ed 3 4 s 60 10314 35'103J4 101 'do 41 6O 108 106 3106 Wash O Lt 3s 54 91103 44 10514 105 14 W News Un 6s 44 1 60 50 50 21 95 WPAL 4a 66 A 93 83 5s 13650 a 31 3s 8144HH4 38 143H 1 1 Mr K A It 5148 50 rac as 77 a aa aaa is 3244 1814 Moot P 344 s 66 144 244 Nat Dy 344s 51 NYC rt 5s 2013 16 do 4 14s 2013 A 3 do 344s 46 4614 344 NYJMHAII cv 6 46 2614 No Am Co 5s 61 Nor Pac tis 2U 49 dd 4s 97 1 14 114614 14614 PAL 14 Holland 25 44: Am R K O Am Am Sup As G Bliss E Blue Rldare do cv ai 3 2 44 Y Pao punty A El LightPowerT a El A W 11 Brill B pfd Bunker Hill A 8 Carrier Corp Cent It Kl Chi Flex Hhaft nominal MM lstltl Pitts ftl Pressed 8Ci O Proc rhitiman Pure jpil S 30 11148 1U flyer — no quotation Total stock sslea Saturday 74000 LONDON June 3 (API— Bar sllysr— ahares: year ago 85870 shares: total bond sales at 2044d Steady (Sterling $1029000 ajaturdar J700OOO year ago higher price equivalent 10 40 zz cents Bar gold — Declined 1V4 pence to 140s awn tBternng price equivalent to t4tizj nsoney ana discount rates — uncnangca N Bank NEW YORK Juns 5 (AP) — Antimony— apot Jiro Other metals — Nominally unchanged NEW YORK June 3 ( AP) — Following are trie nil sun askm tutotations furnish- NICW YORK June 5 ( API — Foreign ex by the New York aecurlty dealers on New and trust enmrjanv slocks Ureal Britain In dollars York banlc change —steady on an over the counter otners in cents: traded Orsat Britain — Demand 40344 i cables nasia: Saturday oms 4vzb evjs BANK AND TRUST DIVISION Fram e — Demand 4 46: cables 448 Italy— Demand 5 2614: cables 52614 I Aaked Bid Demands: 1883 Germany Belgium tree 411 on registered 2150: travel 25 25 Bk of Man 35 33 ss 22 Rtrit rBisrultl Halrv PMUIn ll 2344 NEW YORK June 5 (AP) — Bar 81 4 HI — — OAE Park M"t Param Pletl Park Utah Psrmelee Patltio Mln Pennav J C Penn R R Pfelffer Brl Pac lMi 441-5- Am B Cyan Am Gas Settlement orices at Utsh smellers re ported by the American Smelting and Re- imuiK comisiij are ieau ouwu m puuuu 4314 NH A H NT Shlpbld N Am Avl n 1:1 3s NEW YORK June 5 AP) — Following Int Paper a oat saturnay a transactions on tne J F A CI 4s 59 new lorK euro exenange : J A L St 414s 61 8T0CKS Krejge Fd 4s 45 (Bale In Hundreds) ISaleal Low Close Loews 314s 46 Am Metals and Money V4 Steel In: Newjort N Cen ow-- 1944 14 Htl is Alum Co I Mot Prod Murray—Corl ri Otis 664 43 'A 4344 664 - 74313li do Mont wardi Mnth Dod4 Ohio Oliv Oils 4344 68 61 5s 47 High 363557 A T North North 44 Total sales Saturday 342440 shares week ago closed previous day 779190 year sgo suaLTXVi two years ago 341 954: Jauuaejri to date 213389599 year H two years ago 307 Mi Im NY 1 12V4 7 17 Warner Pic 21 7A4Z Vanadium —w— Walgreen Walworth Ward Bk A do B R VYCASI Brands! Un Carbide Uu Oil Cal Un Pacific Un Air Lin Uu Aircr Un Biscuit Uu Carbon Un Corp Un Drug Uu Fruit Un Oaa Iml US Gypsum! US R ft Iml U 8 Rubberl do 1st pfl U 8 8 ft R U 8 Steel Utll H Walksr 414 43 Inland 44 46'il Hlmmons Underw-El- l 2 P T 11J 64 c 4944 —Low 0144 024 70 mniii wiw 64 13 09 i 07 06 WH BONDS ssaji 30 30 2 50 1 27V4I $101101 1 0014 1 0044 off IS cents Mammoth at $190 off 6 cents North Lily at $10244 off 2H cents Eureka Lilly at 95 cents off 5 Comet Coalition at 58 off 6 Cardiff at 48 off 9 Park City Consolidated at 23H off 44 cent and Gold Chain at 8 off 1 Utah-Idah- o Sugar common recovered to $3 up 5 cents and Prince Consolidated to 66 cents up 6 Tlntic Lead slumped to 60 cents but rallied to close unchanged at 70 Eureka Standard closed unchanged at $125 and Eureka Bullion at 25 cents LISTED Week 0344 8 02141 Hi 100 9 Week titan Low : or H Ill Cen 3448 Trl-- Mch Dep Quotations 14 Tranaamer W Air Tr Corp 20th — U— 3A44 O M Ac 3a 46 do 3 VsS 31 in ui rich 4148 56 57 Gdyr TAR 5s Gt Nor 4s 46 O 4 ) Ax Tlmk R B 81 Ieart P A 29 Erie rf 5s 75 s- B- YCurb N RM Tlmk-I- Monsanto Nat Nat Nat Nat Nat Nat Nat Nat Coal K 811 2044! Btudebaker Superheat Bwlft ft Col Swift Int —T — Texas Corp Tex O Prod Tex G SMI Tex Pac LT pwaua m Tlde-VAs 1 11 50H 6108 1571 111 44 28' 104104t4104t'al- - 8td O ft El do pf Bid Oil Cal 8td Oil Iud 8td Oil NJ Btone ft W Nash-Kel- WE WILL SELL Make Alta Unllecf J4 HH 294k Hervel Hharp ft Dl Uhell Uulonl do pf Bid Pac or M Jos Lead Schenley D Bears Roeb u 40 slH1 JljlB Sou Ry Fat f Mltm-M K HM St In3l4ll02tl ifiu liiitl 21 V yeV 51 Lorlllard f Mark Jia 03 Lib McNaL Llq earn Loew'a Lona Bt C Lou 1937 low 1936 high 1936 low 1928 hlKh 1932 low 9 Stocks llflVi 4— !ani ceri Leroar Stra Treasury Report WASHINGTON June 5 (AP)— The position of the treasury on June 3: xpandlturea Receipts $2286088845 tl79?65-149balance S2474312286 customs receipts for the month 937 hlrh 1937 low 1838 hlarh 11I3H low 1932 low 1928 high d Ten Alleghany 5s 44 do 5s 40 do 5s 50 sta A A F P 5s 2030 A 1 O Ch 5V4S 4U Am Terr SV4S JUNE - U r On the offside Net 5 1 2 11023 151102 4 102 3 2 100 9 JlQO 8 181 99 311 j 61 do J' Anac Cop 4VjS 50 llto Associated Press by Oft 4s Del Arm Compiled the Associated Press by IK IK A T A S F 4a 05 20 10 10 indust Rails Utll Stocks Beth Htl 414s GO Utll Ralls Fgn Net 1 titt do change 91 2 41 l 43 4 41 8 67 93 8 103 3 98 1 72 0 8aturaay I'rcv luus Vi 1 41 7 67 7 BKly M T 414s 66 4 43 day 0 03 5 103 3 98 0 72 91 0 Month asto G 46 3 43 7 68 9 94 0 1038 90 2 714 Yesr ago 813 34 O 46 6 607 Can N Ry 414s 57 01 7 102 8 101 8 68 8 1917 hlgil 101 6 40 5 54 0 75 3 can c s perp 7 4 74 102 8 99 0 104 88 5 1937 low 37 H 40 6 63 4 Ceo Pac 5s 60 07 8 70 5 11116 hliM 92 8 1024 90 ii 43 5 33 7 728 C A O 314s 68 Dl 98 2 104 4 1U3 1 73 0 1938 low 73 4' 43 4 557 CMSPAP 5s 75 88 0 101 8 99 3 67 Movement In ItsaV do al 5s 2000 45 8 40 0 64 6 42 2 1932 low IT 5 8 7 23 9 16 9 CANW cv 344 49 101 1 08 9 102 9 100 5 157 7 CL U T 4 14 77 1 UK" 153 6 51 1927 low 95 3 61 8 61 8 Col KA1 58 7U bonds: 110 8 Colum O 5s 61 tlow-Jone- s ComI 1 T 3VS 311 110 8 Averages 110 3 Erila 3 44 a 46 Con by J A Hogle A Co members 113 1' do J hit oe 1 orx iiuck new 113 7 C O N Y 414s 51 exchange) Close High Low 108 4 con 011 '4S s 17586 17467 1 500 off 14 Cona P 3448 65 113 8 20 Iniluat 57 37 5713 up 16 11" 2 201' rails 3705 do zi no ztob 104 4 utiimaaZ77supiu DAPG 0s 55 asd so iui01 up 12 86 8 Bondi tt Cu-A- at 101 WeaHnirhniicn 141' eral' Electric 54 Vi Southern MAY Haturday Prevloua l'A Month agoday (J 144 2k 244 1 13a 11344 180 U 181 33 1 a4 684 68i -t 18? 164i 77 3 1 40 44 58H U - 4 Tear ti ( homeTdwnerb loan iDKirai mmmmmmmmmMMmmmmMi 7 8 10 11 12 14 1516 2 3 4 202122242526272829 change it Haturaay M Prevloua day Month ago H Year ago W ! Kl 3 U U T1f 41 28 U 28V4 28V4 33 13 13 1314 8Vi II H& 8Mj 171 71173 1171 41 94- 94 04 28 18 19 Mi Vi 454il ? 5 M £ 25 35 17H 46 H H 25 24 T 461 16 17Vi 181 t 27 20H 204 iS 86V4 18HI 184 64 3s A 62 em 49 244s 42-4- mm ll 11 102! 181102 '15 102 15 1(111)3 3 103 3 103 3 tsaeaaln 111 Tear m Pim p ilJSi 42-4- CORPORATION llVl -- do pf El Htor Bal Eureka VCI Fairbanks Firestone Flintkote Freeiiort 55-6- 0 2 Ha 0 14 116V4U 2V 22 W 2254 SHI HI- 5Vf Vl 30J 30 V JO jn 31U 3144 34 SMHaWHaWMnilM MMBMMUUMWUMMWMWiMMUBMMMMM 8 2U 12 2 21 29 28 20 51-5- 3s 47 3a 49 30 12104 104 141104 102 28:102 23:102 14 100 21:: too 201100 2 102 29 102 29 102 2A 45-41 09 28 90 28 00 244 a 24 99 20 99 20 99 2 44 s 56-5- 9 19 97 27 97 27 87 2'4s 40-5- 3 FEDERAL FARM MORTGAGE immmmmmmrnhmmmmmmmmmmmmi 86 Ml —f — 49-5- 46-4- 8 2 '4 s (01 Rlaw-Krw- Sporadic strikes eral Motors and Chrysler were Bridgeport settled but the former's stock was Biicyrus-Brings Mfgi off at flS's and the letter's yielded Budd Mfsl 43-4- 41-4- 3 3s 3oiq I aiumi 46-5- 6 40-4- 3s 21 I !' 43-4- 44-3- 4 44-4- SO At the same time stock traders Arm III Asm D Q Showed little inclination to resume A 1 r the hiivlno mnv which awent thf A Helm Cnrp list upward late Friday Many Atlas no cashed in following the opening on Atlas prP pf Au the theory the belated rally may Auburn A vlat'on — B— have been a flash in the pan due to the protracted decline and the Baldw B 4 0 lll7( lo pf i! drying up of offerings Co It was the slowest Saturday ses Barber 21 Haninilall 41 sion in fl month trnnsfpra Mlnlinc Bcndut AvI 811 If4 342440 shares The Associated Uetn do 5 pf 131 Press average of 60 issues managed AlrL -- LBoelug Borden ) 34is a iitconda in plants of Gen- Trading on the Salt Lake stock exchange the past week declined almost to midsummer proportions U S OOVERNMENT BONDS (Sftlei In 11000) Prices were generally lower though (Dollars and losses were small Bingham Metals TREASURY Comet Coalition and a few other Low IHalaslUlfJi Close issues rallied feebly late in the week 2 4 Hi !115 2 30116 14lie but most of the list closed soft s lOllOK 20 106 201106 2U 4s 8 111 281111 19111122 Bingham Metals 'dropped to 46 H 2 100 291100 201109 29 cents but rallied to close at 48 with 3 44 S 22H05 20)105 22 Jun 3( 81107 0Olu7 00110700 a net loss of 2 cents Tintlc Standflffl Mar 3:I106 17108 18 10617 ard closed at $710 off 5 cents on 344 41 lllO6U108 121106 12 the week Walker at $280 off IS 3V4s 1610615 106 16 2106 B IU4 Z7I1U4ZT 1D4 2T cents Chief Consolidated at $112 3ts 1104 15:104151104 15 46-4- 9 74 4!Hi m Loco NEW YORK Junt 3 AP— Following re Saturday'! high low and cloilng prlcea of bond! on the Ntw York itock exchange the total aalea ot each bond : and 47-5- miII" E9j Am ch flue! Am 4 F Pi A 72 HE "! Mr Allls-C- iiiiiiiiiiiiiiiHHiiiiain IIIIIIIIIIIIIIIMIIIIIIIII 73 Scanty Volume and Lower Prices Mafk Trading on S L Exchange Quotations 75 STOCKS a NEW YORK June 5 demand for farm Implement shares and specialties helped to keep Sat- NYBond Daily Stock Market Trend Y Stock I What the Stock Market Did Sat Advances Declines Unchanged Total issues Fri 266 176 162 424 146 166 604 736 mln I'Refining till Smelting and company 126ri National Tunnel and Mines company 1200 Metals Reduction company SO Utah Copper company daily average of 805 n cars TINTIC iiii Bianoarn nifniiimii U 8 Minesftunw 32 carloads!: 15 Mammoth 12 North Lily 7 Chief Consolidated 7 Eureka Hill 6: Eureka 5 Iron i Rlnvanm 3- Vnimloln Vln Lilly u1- TILL UIW IllO 3 Clay company Gemini 2 (silica) 1 Mines 1 Chief Apex Btamtarcl Empire Consolidated (lime) 1 Plutus 1 Victor 1 T Bray (talllngsl George Castleton UOCUVS i 1 iicni in ji Itlack Jack 1 Dragon Consolidated l£Emplre PARK l CITY n Pari TTfal li - j o Park City Consolidated 553 New Park Mining company 420 Silver King Coalition (concentrates) 731 Combined S L Bank Clearings Friday bank debits 261689500 Same day last year 193847400 Saturday bank clearings 2764926 81' Same day last year 218639138 Week's bank clearlnga 1417526575 Same week jaat year 15015382 37 N Y Bank Clearings NEW YORK Juns 5 ( AP) — The weekly statement or tne jNew York clearing house shows: Total surplus and undivided profits un- 8847HUloo Changed at Total net demand r tin aan nnn deposits (average) Time deposts ('average) Increased (15UYMUOU Pertinent Facts About Clearings week ending today (five days) (3 165370993 Clearings week ending Mav 29 (3325 983631 Oavies Badger & Go Salt Lake Stock Exchange Was 7029 New York Storks Bonds Chicago Grain Fast connections with all markets UTAH POWER & LIGHT Member 21 West 2nd South WILL SELL 200 2000 1000 2000 1000 1000 1000 500 1400 100 1 000 1000 1000 1000 1000 23 2000 2000 Arrowhead Allied Mines Exptora Ashley Valley Birthday Centennial Oold Dead Cedar Frisco Bllver Lead Oolden Ensign Crimea Homeatake Park City Utah Park Cummlngs Queen Esther Sacramento Oold Tintlc Ophlr Tlntic Oold Utah Power 7 West Bute Utah Central WILL 1000 2000 2000 1000 HOO 3000 5 500 JO 07 Make bid 11 04 r- - v 300 03 Hii l Free on request Make btd 09 Make bid Market 02' Make bid J A HOGLE & CO EtttRiihid BUY Alta United Dead Cedar Lead Strike Lakeside Monarch Mineral Veins We have just prepared a comprehensive analysis of the Utah Power & Light Co covering 'capitalization financial condition earnings operations dividends rates kilowatt hour output taxes customers outlook (including favorable and unfavorable factors) and vital statistical data from 1929 up to date Jftterti Offer Offer Offer Offer Offer lt It lt It Silver Age It Facine National Life Market Twentieth Century Offer lt Power t Market Utah Power 7 Market All Offers Subject 191S MlMBlai NEW YORK STOCskEXCHANOI 1W Ukt aaa olAer Slock Win 132 So Main f n acaji WaisUh 77 OFFICES B8TISIT Hills JUKTssriLi d Salt Laki Los Anulu San dhoo Quoin t |