Show THE LAKE TRIBUNE SUNDAY MORNING SAX-- JULY 1937 ' 11 9 B Stocks Ease Lower on Short Session as Heat Deters Buyers Late Advance N Y Stock Serves to Stock Prices Slice Losses NEW Exchange Quotations July 10 (AP)— Following Hit of Baturdaye clock transactions an lh Ntw York stock exchange: U NEW YORK July 10 UP)— Stocks suffered more from inattention than selling pressure in Saturday's market Brokers blamed the current heat wave for driving many customers from the boardrooms Even those who appeared displayed more than ine usual buying apathy With some traders desiring to lighten commitments over the week end prices drifted fractions to There was point or more lower a mild recovery movement near the Close salea Hundrada) In HlgrJ Low i'cIomJ Chge —A — Adama Ex Air Redtic 1T IfJt Alaska Jun Alleghany AC Dys Allied Allla-- Strs 18 67 A all Amerada Am Can do of A C Alco 1 91H F P Am Intern Am Loco AM Fdy were AAmP Metal a Lt — andextreme-declines- STOCKS (galea A reduced in many instances ARABS A R Mill A A Safety R Arevage Declines A o m Df ses- A do Transactions for the two-ho811 Fdr Sion aggregated 397500 shares The A Bug Ref Df Associated Press average of 60 AmdaTAT stocks was oft 3 of a cent at 671 Am Tob B Listlessness of the proceedings was exemplified by the fact only 660 issues changed hands as against ezo yesterday There were 159 ad vances 242 declines and 159 were unchanged Steels followed the rest of the labor market notwithstanding news was more to the liking of the financial district U S Steel was at 108 8 and Bethlehem off at 90 8 Republic edged yielded up 4 at 39 as a strike called at one of the company's plants failed was to materialize up 2 at 161 As the final gong sounded the U 8 Steel corporation announced its June shipments were the best for the month since 1929 although somewhat under the May total Crop News Helpful — The government's crop report lrT dicating the best wheat harvests since "1931 was good news for Calla Cal A Heo granger railroads mail orders and C D Q All Pac farm implements but most of these Cauad Cat Tract held a narrow range Celaneae On the downside were Chrysler Celolex Cerro de P 1 Amer 8 Certain-t- 60 V 6 64 28 V4 33 V4 31 H 28 Vs 33 (J 31 it 23 23 261i 2644 42 23 18 24 31 H 42 23 44 17 V 42 V4 1744 a 450 294 278 359 185 do A A mod Dividend Shra Fund Inveators Iue Fund Tr Shra A do 12325 12150 Bullock Fund Can lav Fund Corporate Truit do A A Maryland Fund Natlonwlda" Bee do vtc quarterly Inc Shra Stand Util Inc Buperof Am Tf D USELAPA do B 4VU ' 2375 564 945 440 201 1781 19 84 779 260 1637W 98 do vto 'i'io" 2508 688 "id "ds" 450 217 51 6 15 B Aaked 91 is!87'vi 270 106 Wool Market — Buel-nea- a B08TON July 10 in spot wool on the Boaton market durwas mostly quiet ing the paat week of the wool handlera' atrlke prevented mllla from covering Immediate needa other on hand did not the Mill demand appear urgent becauae wool outeide of Boaton available for delivery was- almoat aa much neglected aa epot wool waa tor future requlrementa and talea Indicated prlcea comparaUvely firm askingleecea were quoted Grand combing Ohio f In the grease unchanged at 40 to 42 centa for fine delaine 42643 centa for ataple These quotation! were combing half blood supported by a few nattered sals IS 4 aa 18H 12Mi 122 36U II —11 Alta United -Ashley Valley-- Oil Allied - Mine Blue Ledge Mining Big Six Oil 01 101 li 02'4 02 07 J000 Centennial Goldi 02ii 1000 "Diamond OH "7nn 05 2000 Dead Cedar BOO" PHif Firm ' 11inn 1UW nA ' Make bid 2000 Flagstaff Bonansa Make bid 1000 Frisco Silver Lead 1014 500 Golden Ensign Make bid Coke 1000 Inde Coal it 03 8000 Lead Strike 26 500 New Park Mining -' 01 10000 Opohongo 1000 5000 7 1000 1000 - 1000 5000 - 1000 1000 X3 Park Cummin g Paciflo Queen Tlntlo Tlntlo Utah Make bid Con 04 Esther Ophlr Oold Galena Butte West Wasatch Al 05V WE WILL BUY "500 Arrowhead Petroleum 2000 Alta United - 2000 Birthday Con - t n 1 2000 Dead Cedar 6i JJ 85 32 30 28 itineite ctfl N Ry pf O W Sugar Greyhound 9? 2 19 5000 Equity OH Homestake 1000 Grimes 1000 Grand Deposit 500 Koyle 2000 Lead Strike V" - - Off ef It Offer It Offerlt Offerlt Offer It Offer It 'Offerlt VtinaLiitSTTtirOf fer It 4000 Mineral 1000 New Park 20 Pacific Natl Life 5O0 Park City Utah 1000 Tintlc Gold 2000 Tlntic Ophlr 2000 West Butte 10OO Wee tern Loan 1000 Wasatch Oold it Offerlt Offer it Offer it Bldg ? Offerlt Offer it Offerlt Offer It Offerlt in S2i ? S21 ? S5 vZZ-Z- i 13 ? 12 I JIia 1 Mn'P°£! M? JB I? ?52 lift Mv'oiiJfi 1 ??J 5 j? iJL!I5P VP'Ie 5Jjnf?J!h 3 Monjan M Molhwhla alS 9j 8fl 9 " 3 "1 Murrav Cp — Pr— V'VR JLl grfSu - 12 ph EDi'£r S npu NTCent - New Indus 2 III a ft mtwuYS?' S - I i ?! 15 28 14 I 30 Farm Otle Kiev Otis Btl Ow-I01 Pack El paraffins Para Plo Park Utah Penney J G 28 311UB 61107 61 92 42 103 11 54 1 165 1 113 5 105 2 7 1 17 67 12 105 1 1U4 15 86 5f-8- l 4 3 76 2 105 3 31 B4 10 73 51 10 6 102 106 98 97 102 97 91 110 3 97 76 102 64 64 10 10 3 17 3 17 70 70 1 1 19 13 22 19 13 22 6 55 31 71 34 13 11 6 55 31 71 34 13L 11I 12J2 3 3 2 2 28 28 uiJ 9" 8 2 6 2 - week-en- d cents up 7 Tlntic Lead at 60 up 6 Clayton Silver at 7 up 6 Comet Coalition at 51 up 2 and Eu reka Bullion at 25 up 2 Zuma jumped to 9 cenU7Tufr reacted to close at 8 with a net tain of ltt North Lily advanced to $125 but neHoss dropped backHo $115or of 24 cents Cardiff closed at 39 cents off 1 Bingham Metals at 35 95 Tear High 48 3944 C 103il03 106ll06 107 1107 92 92l1103 103 53 165 53 165 113lll3 105105 73 73 67 56 105 105 104 — -104 88 86 -- 84 Si 92 92 76 76 96 96 105I105 104!104 73 102 72- 102 106 98 97 100 1106 8 78l 96l 81 51 3a 4a 1102 14jl02a02 2 101 10UilUi) se Uoodricn G T A R 5a 57 Ot Nor 4a 46 O 50 4s 3a Loew'a 92l 41 3' 95 3 7! 46 rT McKAR 50 Mo Pac sa 77 3a 51 Nat Py NYC rf 5s 2013 2013 A do do 3 48 46 67 NYNHAH No Am CO 58 61 N Am Ed 5a 69 C 4B 0 OWRRAN 181103103 103 99 08 91) 1111028 16il03 1U3 101 110 11101 104 221104 in 1112 9 97 12i 61 191 22 56 4a 4a 56 StLSF Shell Un 3a 51 Skelljr Oil C Oas 4a 56 Sou Pao 3a 48 77 P 4a 7 107 1 98 11 25 5 99 — 81101 101105 171 99 9 95 7! 98 4a-7S- S O 8 O N J 3s 61 Btude 6s cvt 45 41 3!113 II 97 11100 8 102 3s U L A T 5s 44 U PA L 58 44 3a 2 66 Va Ry W P lat 5a 48 Weat Uil 5a 51 J do 50 do 5a 60 Wh Stl 66 A 3' 22 107 98 107 98 25 99 94 98 111 25 99 100 105 99 95 98 111 113 113 1102 105I105 105 31 94 111 92 31 93 31 94 92 03 1I100I100 y 97 10ft 31 94 92 93 100 8'l01!l01 101 T 8 A T 4a 61 FOREIGN BONDS (Salea In S1000) 61100 Are 8s 61 Feb 100100 10H am Auitralla Sa 55 io 102 5B 102I102 do 47 47 47 8a 41 Brazil 4a Canada8s do 40 26-5- J5'107 4a 60 3! 17 31 20 e! 28 9:100 35 65 11 100 9 38 4 28 87 —a 99 2! 27 31 62 II 73 1 85 61 B Chile 7a 42 Colomb 6a 61 jOct 51-6CopcuhaK— 2 C M 5a4a 62 Cuba Denmark 45 GCAB 6S 60 Oct O G InU 5 65 Italv 7s 51 8a Ba 6a Yokohama - 84 Japan ov Mln u P Sa 63 A at asd 40l 10740 17 17l 20 20 107 28 99 64 100 38 28 87 27 62 'l jf a' il 28 ion 65 100 3K 28 87 88 at Utah smelters re- ported by the American Smelting and Rerining company are: Lead 6c a Dound: — inew — YORK July 10 (AP) Bar sliver Nominal No quotation LONDON Jniv in Steady and unchanged lit nr upi at 20 iikb vck equivalent 10 touo cenis Bar sold— THln4 91 MH tfu aiit (Ster- a lin JMoncy and 18? J2i '!!) jj c I!JJ "5 tt: SK1 6 S2 59 19- 41 SB - -- - "'ijiJi 1 - - -ISS 29 "iC "9 Boston Stock List 00 10 50- ot 14 15 00 'i'oo' 'i'82 OK 10-0- O 15 29 7 75 04 J5 ioo' 53 22 04 1700 10 02 114 01 07 IIS 05 01 01 1 : 50 06 '03 10 01 13 40 — 35 10 01 11 50 45 !l4 02 ' 02 0(1 Ul 06 01 02 02 6 95 "03H "no" r so 31) ' 01 2 3?w 9 05 13 2 5 8 85 4 SO 2 25 ' 01 2 85 It 03 2 82 85 06 on 02 02 2 70 05 09 OS " - si- - i Walworth Ward Bk A Warn Plct 31 7 14 48 B 3 27 5 4 2l 14 7 14 JS'--- 7 14 48 — Wall Street Briefs Cotton NEW YORK July 10 (AP) —Cotton turned easier Saturday after having risen oent a a of pound In the two preWeat EM 4147 Weekend realizing forceding aeealona WNte Mot 23 23 to eign selling and an absence 9 9 9 Wlla A CO 9 fM-th huvlnv rmwH Orlohp tn Mil 40 - it ckmed at 4riB '1 J fW- to itt t'SB pftM i ¥ wor— Y— ine low- win rinu prices generally 14 i 17 net lower 87 14 87 Toung ST 87'- - ( to Futures closed steady 14 to 17 lower Low Close High fl 38 - 14 S7'4 877Mih R 12 30 13 47 1230 1 H Znlte Pr b 8 July's 5l- Oct 12 41 12 50' 1240 Total sales daturdav 297500: nrevlona Peo 12 It 12 32 845420 week bro closer!: year aeo Jan 12 42 Idsv — 12-1- 6 two years ago 442940: January Wsrch 1246 1237 — nf mi 12 49 12 40 May 1239 44 970 two years ao 135178T$2 spot - quiet middling 1290 3 W Un Tel Ar -—4)1-- 83 4 - 48 44 147 441 147 - ii k in 1 - — NEW TORK July 10 (AP)— Orders for 23 locomotives 528 freight cars-an- d 10 passenger cara in June brought the alx months' total up to 328 locomotives 45 090 freight cars and 45 paatenger cara Railway June rail ordera Age reported Saturday totaled 10 000 tons brlnarlna ""tha mtm mMih ' tutar to 5tPlT longr " General Olto Falk chairmen of the board of A Ilia Chalmers Manufacturing company has announced tha company will spend between' $3000000 and $4000000 on plant An improvement and expansion this year Issue ot $20000000 ot debentures may be floated instead of the $16000000 of preferred stock contemplated recently by directors lh wbich rase about $6000000 will ba devoted to upanskuv (l ' 07 i38 04U m lHVs 02 39 08 OJUj 02 90 Chain Western mim Ti Keyatone Lehl Tlntic Leonora Little May Magnolia Lead Mammoth M 08 03 04 13 05 04 ft 24 S2 21tt 50 Id 14 01 01 04 05 021 02 03 07 0H 03 : 10 39 03 05 22 21 100 014 1 50 — — -- til 28 18 02 11 00 111 00 07 1 85 Miller Hill Mlnera Gold M Issourt Monarch 00 01 08 Moscow Mt Clly Copper Mruutaln View -12 02 11 00 01 Nalldrtver Nellie Meda New Premier New Quincy North Lily North Standard 38 18 01 04 1 02 00 20 04 22 05 04 03 10 4 50 03 10 27 57 35 14 02 14 50 no Copper Bingham City Con King Konold Nelson Park Park Park Park Park Park Premier Park Utah — 02 01 m Bug com on jun UtHh-WyCon OH Victor Con Walker Mining Wfrt Toledo Wllhert Yankee Con Zuma 1 01— Michigan-Uta- Trac- Leaning backward were American Cyanamid "B" Technicolor St Regis Paper and ICties Service Transfers totaled 71000 shares compared with aalea at tha last short session two weeks aga ot T4000 " 08 011 25 04 01 30 17 05 20 01 01 vi OflfJ 14 05 02 00 01 08 02 00 02 50 25 03 1 - - 5 J 80 00 fllfi 2 82 8 70 11 03 2 70 08 CfeiCBeTo Fast 15 IOOO IOOO 10 IOOO IOOO IOOO IOOO 35-- aa5o52 t01— 7 '2s 2 00U 02' 08 01 03 03 0811 02 03 03 60 90 01 02 09 00 12Uj 04 75 om 011 031 081 yw arHer Member Salt Lake Stock Exchange Zi West Ind South If as W v New Yrk Stocks ani Bemala flvt 04 15 n a Davies Badger & Co 00 —05— it aerled 15 02 21 04 23 50 111 02 - fn 2000 1000 1000 200 S00 '07 04 -- rent Flour ailUa accounting lor 85 of tha naJioa'a total outstut srse)unee et7S 161 barrels la Jum siKaiust 6K44iti45 1st June ions General Mills Inc rermrtett PradnrUon of Um sjame miua a tha It Mt waa 4U10U344 naonUia ended Mn tosjre-latainjq 674'34 06H 01 T Pond climbed lA Cleveland tor closed at 14 up g 41 OH 01 " 1 30 07 01 "T24 03 " SS Suoray Oil was unchanged Few Buck Trend A few industrial specialties bucked the downdrift scoring alight was aa gains Carrier otsrporatioa a major fraction and Niles-B- e merit -- to end at 03U 0(1 - kept Interest in oils waa negligible vith Uttle itiovement either way Oeola Petroleum finished at WA a a minor fraction and Gulf Oil lost eitr 14 shares oi Kennebec Ohio 14 01 38 Melais Comet Coallt ion Commonwealth Lead Crescent Jfaagle Crotf Crown Point Dragon Kaat Crown Point Bianaara j:ast Fast Tintlc Coal Kaat Tlntlo Con Kant Utah Kmplre Mines Eureka Bullion Kurcka Lilly Eureka Mlnea Kureka'-Standar' Iron King 01 00 15V Bristol Sllur Bullion Cardiff Talismnn tenar Ci niral Standard Chief Con Clavton Silver Colorado con Ploche Bristol Plumbic Mlnea Plutua Prince Con 60 Provo "!l4" Rico Argentine 02 Royaton Coalition Silver King Coal ' '50' ' Silver King Weat -- 03 Silver Shield 01 Silver Standard Hioux Mlnea So Iron Bloaaom 06 —Smith — Standard— Swansea Con 02 Tar Baby Tintlc Central 55 Tinlle Lead Tlntic standard 60 Union Chief 01 i Utah Con Utah-Idah- 61 Isi' 02 15 01 20 04 21 06 '03 12 09 04 '03 ' ' 25 01 21 06 03 4 02 1 01 9 75 !6 02 25 02 02 1 00 00 13 02 20 21 00 02 06 15 01 00'W 01 47V 05V 39 ' - 01 00 IOOO aO( IOOO -- 1008 2OO0 aono 33 10 1500 -- aooa 1000 7 SO0 trala with all markets WILL SELL reeiarctiaaia Arrawheod Petroleum Valley Birthday Centennial Oold Ashley Market t 01 MVi 07 04' Dead Cedar Dividend Shsurssi Ftiaoo Silver Lead Golden Enstern Grand Lead Strike Royal VU Park Cummlnga 3ueen Esther ' Sacramento Oold t Tlntic Gold Tlntic Ophlr Tungsten Mines Utah Bunkec H1U Utah Galena Utah Ore SaunoUng Utah Power 1 Utah Central Pacific Con Wasatch Gold Mineral Veins) 27 Uake Bid 03 J3OS 04 — 10 05 V4 11 1 - 1 00 Market W 03 06 'i 03 WILL BUT 2OO0 Allied Exploration 500 Arrowhead Petroleum Alta United 2O00 Grimes Hnmewtaks 1000 Lakeside Monarch JSO0 Mineral Velna 600 New Park 3 Pacific Nat Life 1000 Tlntlo Gold IOOO Utah Ophlr 1000 Wasatch Gold 3O00 Went Butt $20O0 West Loan ck Bldg 5000 Yellow pine IOOO Market Market Offer It Offer lt Offer lt Offerlt Offer It Offer It Offer It Offer It Offer It Offer lt Offer It SATURDAT BALES Ths Electrical Wholesaling monthly Am Metals 500 at c survey of business conditions reports that Bintham Metals 1000 at 35c net salea of wholesale distributor of eleBristol Silver 1000 at 16c ctrical exceenied Hay supplies OHer lt during May Cardiff 1300 at 39c laat year by 50 per cent Hay collections Chief Con 1300 at 00c All Offeri Subject 16 were ot rent 67 ahead and per at Silver April 50 72c Clayton over cent 1938 Colttmnua-ftexal- l per May 2000 at 4e Combined Metals 500 at 22c Commonwealth Lead 400 at 15c East Tlntic Con 100 at 41c Reserve District No 13 Iron King 800 at 30c " : REPORT Of CONDITION OF 1000 at lc Mammoth 20 at $190 Mountain View 334 at 1 e & Ohio Cooper 10 at 20 c Park Cltv Con 1000 at 90o Rsn af Of Salt Lake City ln the State of Utah a member of tha Federal Reserve Tnu at boo ar 22c iivic —— j System at the close of bullneam on June 30 1837 parte Konold 6(in at Sc Parh Premier 500 at Published In accordance with callj made by the Bank Commissioner ot Utah Jltco 4e of at ArKentlne400 Board of — "the Bsnkr-tlila' on fixed a date district and the Federal Reserve by - Silver Kins Western 100 at 81c Governors of the Federal Reserre Syfctem pursuant to the provlslona of the Federal Sliver Shield 1000 at Reserve Act -- Silver Standard 2000 at ' ' - 1 ASSETS Tar Baby 1000 at Tlntic Standard 65 at $800 Loans 7295854 98 and discounts Walker 200 at $272 : 300 at $275 ' Overdrafts UJ4453 West Toledo BOOO at 6c United States Rovernment obligations direct andior Zuma 1000 at 1139760 00 fully guaranteed 453430347 Other bonds stocks and securities 10000000 10000000 $ Banking house none Furniture atnd fixtures Real estate owned other than banking house 7370388 Reserve Reserve with 364109800 Federal 1 I bank Bid Asked Cash balances with other banks and cash Items In ' $ 7 45 $ 7 65 Amalp Sue pfd S368 S93 64 process of collection Cim Was a Mach 2 35 2 85 Other assets S33513g Utah Firs Clsy tS 97 50 9000 Utah P A L $6 pfd 53 50 56 00 do $7 pfd 2942770883 64 00 Total 62 50 52 00 ZCM 1 55 00 LIABILITIES Demand deposits of Individual and BALKS partnership $1274349413 corporations (Trading 8 L Stock Exchange) Utah Power Light $6 pfd 14 at $54 Time deposits of individuals partnerships and cor- 8444404 84 v t poratlona - 131908263 ' State eounty and municipal deposits — ana officers)' checks Deposit 01 other banks certified i - 4260698 80 outstanding etc INDUSTRIALS of above items: Total Bid I A eked 'I Secured by the pledge of loans andior investments $ (2536454 Not secured by the pledge of loans and-- or Invest- Amale Surer com 92 $ 3 87 $3 Klrit Ttec torn A T menu 20 50 2 50 361422965(1 Utah Home Fire Ins 155 00 160 00 Utah Southern Oil 140 150 TOTAL DEPOSITS 1287676110 Utah Oil Refining 1U 75 1125 Interest taxes accrued and 10430 43 unpaid BONDS Dividends declared but not yet payable snd simounta 3625883 set aside for interest on capital oenentures '" Holly Sugar 4a 47 97 00 9550 785109 Other liabilities do "ahorta" 98 00 99 00 account: Orden Ba 34 ? L Jv 22 00 2000 Capital Hotel Utah 6a 41 10450 10600 : debentures: Capital iTtah-fdah- o " Sugar Bs 103 50 104 50 "1 Sold to Reconstruction Finance Cor- 50000000 poratlon $200000000 Common stock— 15000 shares par 10000 per share 150000000 ( — 356000 00 " — Surplus : mvi-fs-i---ri — 2JB42518 Undivided prof Itanet— r- " 11608418 Reserves 280550938 Total Capital-Accoun- t Walker Battle 22e: Trust Company 10c 2c 2c le 8c Unlisted Industrials Salt Lake Curb wvi — TOTAL - $2942770883 Including Capital Account MEMORANDUM: Loans and Investments Pledited to Secure Liabilities: United States government obligations direct andior 4eouuuug fully guaranteed 30000000 Other bonds stocks and securities llx I' Do -- Pullman Pure Oil "I 384l 1L 01 - I 01 13 35 01 Combined 1 Si- WI 00' Kentucky-Uta- I 39- Pitt Btl do Df Pr ft Gam 5it7:i 62l Toi: Business Factors - 61f 00 1 77 10 30 ir 00 $ als jHowell en Indian-Que- 11 1 Bmghain-Met- Bristol 22 and Bid Alta Tunnel Am Met Mln Co Benver Oold Cop Big Hill Great no at lver at 16 LISTED STOCKS Gold 15 03 13 NEW YORK Julv 10 (AP- Ipou freight and by express nominal quotations Dressed poultry — All fresh and frosen uncnangea prices Butter— Receipts 19184 steady prlcea unchanged Cheese—Receipts 130911 quiet prices 05 25 92 ff ' bined Metals Columbua-Rexal- l 02 95 01 24 35 "07 — By try iiu It" 2 05 ii 4so: - IT- - 0(1 LOS ANGELES Juiy 10 (AP) —Produce exchange receipts — Butter 334700 pounds cheeee 96100 pounds: no eggs Butter In bulk- - (butter extras) 14- csuidled large eggs 27c same mediums! same smana IBC l li 01 01 1 2 08 25 — r2ft- Metah and Money 04 22 50 15 "VP Jia 01 51 02 18 18 10 21 Eggs— Receipts 26566 Irregular mixed whites browns and duck egg prices I ' 1 25 04 01 27 14 2 10 02 TiU uncnangea 03 90 65 41 0H4 03 S4 colors ' 02 35 02 Ml 22 65 07 21 07 July 10 (API— Butter— Re19448 tubs: no aesaton ceipts — Kgga Recelpta 17750 caaea no session Poultry ——No session Potatoes Recelpta 98 care on track 238: total U S ahlpmenta 958 California stock slightly weaker: demand light Missouri and Kansas deCobblers mand pood supplies moderate: steady sacked per cwt California White Rose U S No 1 2 35 U 8 $220(0 mostly $220®225 No 2 car $165: U Cobblers Missouri 8 No 1 and partly graded $125 (B 140 U- - S No 1 mostly $13013Vr-Kaiisa- a graded partly $130®140 showing heat- s ed $117 (if 120 Bllaa Triumphs Arksn--1—few- sales- USU No 8 No 1 car $240 Settlement prices 05 02 74 lb ' !04' 22 52 18 01 11 - -- 04 CHICAGO 97 60 07 100 102 81 4a 4s 97 60 22 99 100 - 105 8:112 P 1st 4s 47 do 70 cream triplets lb cream lonRhorna lb cream sandwich loaf Triplets weatern cured lb lonKhorns western cured lb Daisies Wiaconalii cured lh Longhorna Wisconsin cured lb 103 101 110 104 15:107107107 5 107il07107 4 102 'a R Rand Rep Steel Full Full Full 8 107I107 3 107 4a 61 41 — while htnneriea dua Medium white henneries dot CHEESE 39 O'l OS EGGS inrae 37 8U! 102I102 15110 2047 99 103 II 41 o4a 4a U 95 M03103 is as 37 10) 89 P G A El 4a 64 81 PRR gen db 70 d Phila Co 5a 67 P G E 4 a 60 P T A C 5a 53 S 95! 99! 99! -- 26 4a Ba 92 01 02 ALT LAKE CITS BUTTER acora butter lb flz : 1 acore butter lb 34 90 acore buter lb 33 c leaa) (Parchment wrapped c leaa) (Parchment wrapped 1041041U4 61 5r 92 02 ' 94 70 14 45 15 70 05 10 50 J 85 05 2 27 Produce Markets 12(ll12 2il05il05105 100 100 6101 4a J F C JAftLbt ' — 105103103 27129 5 Inland 8 3 a 61 Int Parier Ss H 7 39 ITAT cv j 4s t el !43' !03' 81 33 1 5-- 31 04 02 90 50 02 02 15 04 03 6s over a point Some South American ss u es eased fractionally Not wegian loans improved a little 16 00 07 H 15 11 cents "BWlyto" Surrender the entire Utilities Sell Off — gain and close at 22 Commonwenlth were Utilities a target as 011 let Lead slumped to a new low-a- t 15 persistent selling forced theni cents but rallied to cloae un but down American-Ga- a and Electric— up 1 to close at S3 United changed at $275 Chief Consolidated gave Niagara Hudson buckled at 90 cents Prince Consolidated at Gas andwhile Electric bond tt Share) 60 Silver King Western at SI Com' slightly level — BIhi k Mem is Bonanza Mining 1 23 15 75- - u O M A 6i lbi 15! DftRQ aa 55 asd Erie rf na 75 do gn In 4a 96 -- 23! 8 oow 02 92 05 06 2 50 07 08 30 70 7 U7 0214 JO — 35 rOO 02 to 1029 210o10oil03 4104tlU4!lU4t Foreign dollar obligations were 3107107il07 12il03103 1103 quiet with moves generally confined 15ilOJ103lUa to small limits Rome dropped If d 048 97 Bingham United 8tatea Smelting Refining and Mining company 6275 tona American Smelting and Refining company 825: National Tunnel and Mlnea company 1500 Utaha Copper company dally average of 827 cars ::- Tlntic Tintlc Standard and Eureka Standard 20 carloada Mammoth 2B: Grand Central 15 North Lily 6 U 8 Mlnea 5 Eureka Lilly 3 Utah Firs Clay company tallica ( 3 Dragon Consolidated 3 Leo P Harvey (talllnga) 2 Mountain View 2 Chief 1: Chief Consolidated (lime) 1 Plutua 1 Empire 1: Godlva 1 Yankee Conaolldated 1 Yankee Girl 1 39 4a 3a Inv Tr tfa 51 Con £dia 3a 40 do 3Aa rjo C U N 4a 51 Con uil 3a oi 6i Con P 3a 7V C CU'i' Col Gas 6a 61 - 97 26 $ 12 07 The Associated Press average for 20 rails was unchanged as also were 16 16i 1 lu24i102'rtiluaifa the averages for 10 utilities For 99 99 6i 90 10 industrials gained' 1 of a point 102 1U2 3 102 16 41 2 Week Low 0O$ ooi -- U Week Hgn Low ''30' 50- W 111 Year 03!$ ! 3a Nor Pac Ore Shipments B7 S pk Rem Raud Rfo Mot Repub SU 30 21 4 Cem Penn R R Pfe ffer Br Phelpa D V R U ft I Phaiiua RKelth-- 32 ST Pa-- — — 101103 28 j4U44 2 2 Interuat Pet Lockheed Air Mt cttv CoDDer Nlag Hud Pow Pennroad Selected Indus Technicolor Trans Lux 9 14 United Gaa 1 6 United L A P A 1 2 Walker Mln DOMESTIC BONDS (Salea In $1000) I?!" Mot Railln bl-b- 4 toicHina price vquivaieni 10 s1470 discount rates—Unchanged 62 73 T3 Roma 52 NEW torit Jni m fipi riAn 85 S3 6a 61 electrolytic spot snd future 1400: Steady 1420 Total hnnd salea Saturday S2 814 000: export Zinc — Firm East St Louis spot and 25 7 441 000 waeK ago cioaed lUlUIE (VI) day prevloua 114 year ago $56080001 two yeara ajo Other metals— ISotninally unchanged 24 iioo54640ouo: January 1 10 oaie 20 591 000 : year ago $1 877876000 two NEW TORK July 10 (API — Forelsn 153 years ago $1793594000 Great Brilaln in dol exchange— Steady 110 m omers ParkTlly cents: lars 11 Park Utah Conaolldated 1577 tona: Park ureat Britain — Demand 496 cablea 60 New Park Cltv Conaolldated 475: Mining Diiia'-y24 N Y France — Demand company 120 Silver King Coalition 387 cables 42 700 387 11 — Alia — Demand S28 Followlnt YORK July 10 (API : cables NEW 526 Italy ara ths bid and aaked— iimt a t tout Demands — Belgium t IX I Cardiff T carloads KSIL KfiU 1684 Germany I 4017: by tha New York Security Dealers al- free travel 2325 22 22 location on New York bank and ontrust 2750 Hollandregistered 5489 Norway 2493 21 U 20 37 I 137 RevCABI 1137 stocks traded Saturday company Sweden Denmark 2558 2215 Finland 2 80W 50V 50W " Rey counter baala: over tha - 4 Tfl°aB 1919 jivvt ewiiienano uvu Spain unquoiea roriugai uaecno-BiovaKi- a Greece 91 BANK AND TRUST 34S riiisnq 3 68 58 58 -- 1 lojfo: A 8t J Lead ik ik I I Bid Asked 233 Austria 1875n HunJugoalavla 1 42 42 D 42 52 52 Rumania 1980 75 " Kl Schenley 91 2 91 Argentina 92 garvt S2 13 PraRoeb 34 Man Bank of 3 ! 8 80 r Braall Tok to 2881 28 28 - i- -3 6 28 So oS- - " Bankers Trust' 2 - - ' Shelln0 Ua -' Shanghai 2980: Hongkong 3037' ilexleo 1 104 104 104 125 eo aannireai in wew York S K Coallt Vi Can Han Bank 14 15 15 iiy "8 52 54 Nat : Chasa New York ln Montreal 99 81 U Simmons 47 47 10018 3 47 3 Chem Bank T 64 !? i12 62 Knf nominal Soconv-Va- e 20 20 45 21 17 16 Cont Bank T 24 47 46 46 - 1 SouPao 333 328 Jlli 24 Trust Guaranty d 32 25 32 15 IrvlnR Trust Montreal Silver 16SncrrV -2- ?1 16 1 18 54 Manufacturer Tr StMB?nd 42 12 MONTREAL 12 July 10 (AP) —Silver fli- 4 48 ?2S ?5 National City 8 turea closed ateany and unchanged ni 8 2 8 21ft 3H StdOAEl 1 sales July 4490b 19 INSURANCE September 4465b stdOl?CY hW 4 Aetna lua December 44 60b in 43vt S3 —57 Bid Oil Ind 47 Bid 44 44 10 44 (b 27 Aetna Life 68 Std Oil N J 10 68 68U 2S Z$-"k- " H Stew-War7 n Bait American 2 18 17 17!- -- 4? Carolina IH 23 - 2 33 13 13 studebaker 9J 30 60 60 Fire 3 Frank 44 1 44 44 Superheat Home Ina '35 242 24 24 2 swift Nat Liberty -- m-o NEW YORK Julv in (API— InHnli-i53 U S Fire 12 61 3 Vt 12l13 6U4Teras 'Op continued to move In the aama mr activity — t 4 7 7 row -groove that has bounded It for more TnJmVar 2 5 5 1?t than a month dipping: slighily this week— - J 8 S8 12 18-rrr ?! J"rv The Associated Press sessmiallv arlnitt 35 33 3 63 63 Tlmk RB Index dropped to 1041 per cent of the 7: 201 Tranasmer 12 13 ?5'1020-3- 0 average from 1048 a week ago f BOSTON July 10 AP)—'Following ire mifx rampirea wiiq U40 in me same period 1 01 last year ana ciosms low ina aaiea nign prices 7 3S TVl -J tm - v I4V UIII l-llim Bcmuii stocks traded Haturday on tlx Boston stock ujusiea components baaed on the latest available xchanae: v M u carbide 33 33 102 102 2 102 1929-3and aa statistics with comu 100 39 39 24un Oil Cal 24 10 25 Cloaa Low Hih 8alea aa follows pared 2 121) " H Va Pan 128 128 - 2 Latest Year previous 111 131 A 131 151131 17 17 Eleo Edlaon 5 U Lines 17l-- : J? — weea week— : Aao 11 11 42 42 "101 42 Capital 104 1 104 8 ij A corp —7 30 29 30 U- -3 Gen Compoalte Index 926 — 35 - 3 isle Koyaie r 3 xr uLornnnue proa J1J 25943 25 8 8 14 410 5 5 Rac iiit Corp 90 3 100 isteel mill actlv 902 1 122 I 37 Narraganaett 1 29 I 29 6 12212 North Butte 500 itnit Dni Cotton m(g activ t 1275 128 ( Iiton 1081 8 8 8 180 l Bn IfiO Oulncy Minns rlc pow prod 120 1? 120 Fleet - H -i Imp 20 1139 38 38 38 8 13 13 215 H 13 AA Torrlngton Residential bids 64 8 63 1 2 11 11 40 Union Cop 50 40 U 8 R A 1 11 40 BJ4h Total car loadings 81 8 - 78 73 3 Mach - H Unit Shoe 20 86 86 22 °V B°V J U 8 Rub lTf §0xNew 1037 high 2 VSi-s1 P' 3 500 3 lo 93 Utah 3 Metal "3 New 1937 low 94- Ij U 8 Steel 801108 107 U 108 Total Boston atock sales Saturday 5836 11X31 131 do 131 shares " 30 31 2 2 ut PAL A tt 2 33 61 40 wr'aiH K KPac O - 7 IVA iiTk 1 33 H U Of Offerit HQ LL 6l 22 7121 hSif'J1 - Ohio 48-6- 56-5- 9 Bank Stocks i°SK!fV n—m Oil S5 5i 38 Goodrich Gdyr TAR 58 3 2 9 28 1 19 13 22 6 55 2 31 50 71 3 34 I 13 II 11 3 12 1 3 1 2 2 28 48 13 25 38 62 52 3 24 15 39 39 3 22 51 35 18 57 3 2- 1 97 Norln PS 470EI 101 1102 Okla Nut u sa 4H 7 3 97 Pen C PAL 5a 79 91 91 2 PGLAC 4a 81 B 1 72 Phil El P 110ill0 5 49 Pug 8PAL 5 97 6 96 SEPAL 6a 2025A 78 5 do 4 a 50 D 5 So Cal Ed 3 a 601 102I102 1 70 70 70 Sta GAE 6a35cvct 97 97 10 97 44 Ut PAL 2 105 105 105 Waah Wat P 5 60 96 ll 96 Wso PAL 4a 66 A 73000 Total atock aalea Saturday Sataalea bond Total Tear ago 230500 Tear ago $1286000 urday $800000 7 Gen Mllla Oen Mot O R A Ut Oen Th Eq 31 33 108 3 5a — K— Fair Mors Fire TAR Fllntkote S Freeport — r: — (i A Trans Gen Bsk Oen Cable Gen Cigar Oen Elec Oen Foods —— 1 1 4l 4 1 1 1 t 137 13T 137 39 U 39 H 39 16Vi IS 16V 22 22 40 40 40 59 "A 89 Vt R9Vi 14 157 13 13 East Roll 03 Offer It 6$ 2 14 7 g 1 5a IS 9 28 58 3 44 2 64 Cloee 31 33 108 2 2 9 3 19 17 2 70 4s 45 29 v5 Eaat Kod El Auto L El P A Lt do nf El St Ber Eur Vac CI 05 Oold 7 18 Vt Deere A Co Del A Hud D L A W Diet Dome Mm Dnuclaa A Du P de N —E — Noilh Am North Pao 45-4- 96 D CMSfftr' oa 73 du aj 5a 20OO 49 CftNW cv 145!1454 5 4a t!56 9 'A Sugar curtiae-w- r Fg WrCrorvSt WE WILL SELL 1000 1000 - 2000 8000 ' 2000 47 63 lit uIr1 ilJ?h V? WEST 2ND SOUTH STREET 56 47H J 2 Alum Co 5a 52 Alum Ltd 5a 48 Am GAE 5a 2030 Am FLr4e 2016 Am Rl M 5a 48 58 Aa Elec Bald Loc 638xw Bel T Can 555A Chi Die E 70 Cities Serv 5a 66 52 Clt 8 Pow uom £0 48 hi jr do 3 S 65 H Con CAT 5a 58AI El P A 2030 Gen Bronie 6s 40 F 6a 49A Hygrsde 111 FowftL 5S 66 C Ind PftL 5S 57 A LlbMCNAL 5B 42 Nev Csl E 5a 66 N Eng GAE 5a 30' NYftWt L 482004 67 NTPAL 80 NYStEAG 4 3 56 Alrf tJS— - "8 264 2614 3 Crane Co Cr ofWh Crown Z Mi 36 V 102 in 7 45V4 - 62 14 102 Coy it 122 14 63 156 Ml 19 37 4 12 37 Commodity Index & COMPANY STOCKS tt BONDS - 4M 101 Vs 103 158 158 —M —Hay— Bod y Hercu Pow Houd-B Howe' 8d NEW YORK July 10— Tha Associated Hupp Mot Fresa weighted wholesale price Index of 35 commodities Saturday declined to 0192 Dlln Cent Prevloua day 9228 week ago 8089 Inland Btl month ago 8925 year ago 7693 Inapir Cop Interlflke 1 Range of recent years: 1937 1936 1935 1933-3- 4 I B Much 98 14 8922 7868 7494 Int Harv High 88 69 71 31 7184 Low 4144 In Hv-- A Int N Can (1926 average equala 100) Int Belt Int Shoe Int TAT Flour K load Kennecott MINNEAPOLIS July 10 (AP) — Flour-Car- cotlota per barrel In Kreage 8 S ton aacka family patenta 10 centa lower Krog Groc unchanged t705J725 standard patenta Lamber7B0©780 ahlpmenta 19078 barrels Pure bran — 275O2800 RALPH A BADGER 2s 2a 2s 2a CAU Low I 13 10 Gulf Oil Hud Bay MAS Ina Co N Am Con - Can Cont O Del Corn Prod do of a ' Flak Rub Ford M Can A Ford M Ltd d Graham-G N I O liiluu 55-6- 4a 4a "5 1 1 Bunker HAS Carrier Corp 25 22 7-- L 31U6 44-4- s ' Utah-Idah- o Ja ISaleal High 501145 4 1 1 31 1 31 25 108 2 Alum Co Am Am City P&LB Am Cyan B A" E? Am G do 'pfd A B A Aa Blue Ridge Brill A Cltlea Service do Dfd Claude Neon LtB Colts Pat F Com A So war Con Cop Mlnea Cord Corp El Bond A Bh do Dfd Equity Corp Excello Corp 3-- Bid 4J-4- t8 V4 90 '4 17 Cols-Pal- Investment Companies NEW YORK July 10 (AP) — N I Security Dealere' association: 171106 15jl0e 17 1:106 13 106 1310613 wn-B- uoy- 6103 1I02 J010J 31100 25100 2210U23 Swings l'lOO 19'100 i9jlOOll) minor gains predominating reg on the up1102 21tlU2 21110221 were confined to Sugar— Closed 21UO 2blUO 261UU2I 2 as side and the other way Coffee — Closed 1 UU 291 Utf 2U WD2U 5 VU 24 99 21 9U24 Modest Advance I Chicago Mm Own Ln Some utilities scored modest adWheat — Weak crop report ' 3a A52 111029 1102 9 11029 Ks-4-small Corn— Unsettled reserves 7iloo20llOO1710U 20 vances Railroad loans were steady r 1100 ? Vi 1007 a firm with 10100 undertone InternationCattle— Nominally steady al Hydroelectric 6s climbed a point COHPORATION BONDS Hogs— Steady top $1290 nomIn $1000) to 77 and Utilities Power and (Sues inal Sslea High Low Close Light 5 Vis gained 1 to close at 56 Chicago & North Western 4 Ms What the Stock Market Did Vi 7 97 ba 44 97i Ul 91 held even while Erie Ss dropped H 131 92 uo as 49 Sat Fri 'Alleghany to end at 75 88 do 6a 60 Hi 88 1SIT 87i 331 Advances bb 66 do hs bo sta 17i ts Alleghany corporation liens a fea319 Aftf P 0 2vbU 7 7Uv 242 Declines 2o 80 ture of recent markets following an S 4t-- H — 175 AltiCh airHill06ll" Unchanged 43 A'lAV 21121121U nouncement of a plan of consolS J9 do cv 2104I1U41U4 idation with Chesapeake corporation 40i 99i do a a ti 825 560 Total issues W a 50 An Cop were less prominent although the ITautiWlotjiailwt) 7 98 98 Arm lei a 5U 5s of 1949 closed at 92 up 1 81 81 81 B A O 5a 2000 D 2814O0O face valvon ue Approximately 90 uem fill do ot bonds changed hands comV 57 C N Ry 1112112112 pared with $4561000 on the previous 10 J 60 11 UI 11M NEW YORK Julv 10 (API— Follow Can Pac two-hou- r session on June 26 1)4 2BJ V'o'At U4 ing la a Hat of Saturday's tranaactloua Cando 4a peiy B7 7 U7 U7V Pac oa 60 on ine new xorK curb market: — K do let 4a 49 51091U1U9 Rails I'nchanged STOCKS 12i 20 90 18 24 Coca-Col- a 2 I I 5106 46-4- 8 2 (Sales In Hundreds) 12V4 20 4 5-- 36 I 43-4- 5 Curb Prices 16U Ohio Western CChej Corn ican Telephone 168 8 Union 48 4 Santa Fe 81 4 South- c ft N w ern Pacific 46 8 Kennecott 58 8 CMStPAP American Smelting 91 4 Loew's Chryaler 80 Du Pont 154 and U S Rub Col F A I ber 60 2 Col O A El General Motors was unchanged at Col Carb was up 1 at Coml Cred 63 Solv 4 67 on plans for broadening Coml Com A So manufacturing facilities Improved Condo Kiila nf were Montgomery Ward at 60 8 Con Oil Great Northern 51 2 American Con TextA Bit Can 101 4 and Consolidated Ed Cont do B isoa 3a 3areg 3a 3a j d 1-- Treasury Mining issues were strong and active during the early part of the past week on the Salt Lake stock exchange Demand wis NEW YORK July 10 not sustained however and pricey softened'but the reaction was new york July 10 and quiet trading characwas lacking in curb maaket terized Saturday's bond market not pronounced and the week closed with small gains predomi ancy tradinf Saturday as most ahares Turnover wasaextremely small with nating trader' ranks thinned aa a result Tlntic Standard traded last at off 1 West Toledo at 6 off 1 and snRRed to lower levels Business waa practically M a of the torrid weather 780 up 3a cents on the week Rico Argentine at 14 off a half cent standstill during the abort session Fluctuations ln most groups were common at Sugar confined to fractions Government 282Mi up 12V4 cents Mammoth at Park City Consolidated enjoyed a with' many traders "out at town issues steered a quiet course with $190 up 10 cents Eureka Lilly at brief flurry that carried it to 25 for the i ld 147 of bonds Curb Listings Finish at Lower Levels MineJssues Close Week With Modest Net Gains I 3-- 103 Westinghouse NEW YORK July 10 (AP)— Following are Saturdays high low and cloaiug prlcea 011 the rJtw York atuck excaaiige and the total sales of each boud: U 8 GOVERNMENT BONDS (Dollars and (Sales in $1000) Low I Cloae 8ales High New York Stock — Easy "profit eelling brings lower drift Bonds—Narrow some support for rails Curb— Ragged narrow changes In quiet market Foreign exchange — Higher modest gains general against dollar Cotton — Barely steady beneficial rains hedge selling 2s ur at Bond Prices Reactions YORK Bond Market Sticks to Narrow Area i TOTAL Pledged excluding 'rediscounts ' Pledged: Against deposits of trust department With state authorities to qualify for the exercise of fiduciary powers J t 66000000 I 83000000 3000000 ' 66000000 TOTAL PLEDGED -- t NG State of Utah County" of Salt Lake— j ' H M Chamberlain sworn being first duly according to law depose and says president of the above named bank and that tha above and forePlenty of breexe on a hot day when that he Is vicecontains a full true and correct statement of tha condition of tha going report you drive a New International Truck said bank at the close of bualnew on the 30th day of June 1B37 Roll out tha one-piec- e wind B M CHAMBERLAIN Vice President — hield push up the cowl ventilator ?— 2orrect Attest: r JAMES J BURKf the rear window Cool comfort open - k: JOHN H WALKER on the road ' c: — —— — ' 'AMwa INOBBRsTrSlN Ti Directors Co i Subscribed and sworn to before me this 9th day of July1937 409 West 4th South Wag 1617 8 A NELLIQAN Notary Publlt) (Seal) Residing t Salt Lake City Utah v will expires Mqnmber'7 1938 of of Office Utah Bank Commissioner State I Rulon F Starley Bank Commlasloner of the State of Utah do hereby certify that the foregoing la a true and correct cony of tha etatement ot the above named company filed ln my office on Julv 9 un ft I 6TARXEY Bank Commissions lnternattorial'llarvester mam- - ' I U' r ft--' ' |