Show THE SALT LAKE TRIBUNE FRIDAY MORNING DECEMBER 3 1837 —4 tMiniite Buying Surge Carries Stocks Forward! to YStock Exchange Quotations Stock Prices Bond Prices Steel Copper : Rubber Shares Spurt aiDow-Jone- s NEW YORK Dec 2 (AP Following re Thursday' high low aud Closing price of bonda on the New York stock exchange and the total ale of each bondNet U 8 GOVERNMENT BONDS Low Close ! Chg Sales! High (Dollar and thirty-secondNEW YORK Dec 2 CD— Fairly (Sale In $1000) —A— Adams KxpJ 9 demand near the close brought 9H brisk Furnished by J ATllqgle A Co members TREASURY Air Reduc U 1 51 n si 49 New York stockaxchange to a dispirited bond market Aiaeka Jun 20 12 12 V cheer Low Cloae ISaleal High i Low Hlgl( 12U 1 15 Alleghany 30 Indust Mi Hfcit 125 42 120 21 1 J5N4 up 3 01 Some earlier losses in 1 1 139 3 Hi 4340 Allied CAD! 153 3 158 31 7T Thursday 20 rails 30 71 31 77 4 105 301105 28 105 28 June 8 Allied St rs 2 8 22 55 21 86 22 50 up' 20 utilities 84' the list were erased while 201106 Aihs-4543 30 corporate 30106 31106 41 4 MV 40 41 Mfgl 40 bonds 92 63 Off 02 S 46-413 106 251106 25 106 25 51 9 3 1 Commodities 5J 19 up 28 i£erBdNote 4a ‘444 28 111 26)111 28 U S government loans and foreign 1 i 8' 1 3 7 13 lilll 30 20 56-4- 6 lillO 8 1110 8 1110 8 Am can 7' 88 86 85 Rails Itvdust 101104 29104 29 104 29 dollar issues improved is 1 164 164 If 1 1037 high 194 40 64 46 cP f IB 184 49 46 7 71105 201105 171105 17 21 22 21 F Federals ranged up 4 4116 141116 14116 14 5247 4 Am com ai 18 16 51-418VKU 16 101 141101 14 of a point following Secre 15 9r Pi t K 15 42-43 Ha 4ll0fNi5il05 J2105 14 tary Morgenthau’s 4 in i announcement 53-499 3 51 99 2 - 2M 19 10 45-5221100 25 the NEW YORK Dec 2 ( AP)— is a tabulation of Thursday’! stock actions on the New York stock exchange: NEW YORK Dec 2 bounded ou£ of a lengthy siesta in Thursday's marketajid with a whirl converted ef 2 or more points lnto'gtnfis of 1 to 3 and a few as much as 6 Steels led the revival but farm rubbers coppers and Implements some of the rails joined the sprint A handful of “blue chips" was con- spicuous with jumps of several points between sales" Foe a brief period the ticker tape fell behind It had caught up though when the closing gong sounded Shorts Join Buying Brokers attributed the sudden upswing partly to a new crop of rumors having to do with gold and to the belief of some speculative quarters a quick forward push was Am In the offing because of the apparent “sold out" condition of the list - Short covering was said to have accounted for wide movements in number of issues Among the rumors seized on by traders was one having to do with some "desteriltzing" $80000Q 000 of gold as a means of bolstering commodities and general prices This was in the face of Secretary Morgenthau’s announcement no “new money" would be asked in the treasury's December financing and that no change was contemplated in the government’s gold policy Another whisper was to the effect the gold price might UPl-St- ocks early-losso- s Ateiges ll 18 5II 3s 3s 2i 2s 2ViS Is HOME 2 Ja To!) o R 68 68 Ow 0 Ol 11! —P— Pac fj A E Mot Pak Pa rnffine 61 I Para Pic t - do 1 pf I do 2 pf P U C Mini Patino Mm Penney J C Pa D Cem JI Penn R R Pfeiffer Br Phelps AD I 4 P R O Phillips P in in 14111 Steel 60 If 61 i 26i 26l r 5 0 tV 40 11 12t 18 51 2 5 40 12 4 5 On 26 Mi n 5s 4 30 22 7 M 2h HI 5! 4 22 4'- - HI 5 25 a - 5 23 ' i HI 2 A 22 H f 1H 1H Hi 107 HH08H 43filOO44 44 ) 24 100 1100 92 Hi 92 421 56 56 13 113 74 1113 7 9Hl 86 17 8b 7 7i 74 2! 96 96 201 9At 4s 8u 4a li Servel Simmons Oil Skelly Smith A O Socotiv Vsc 8 Cal KOI South Pac South Rv Sperry Corp Sid Brands OAK Std do $4 Std Oil Std Oil Std Oil pfd Cal Indl N Ji Stew-War- Stone A Wj Studebaker Sunshine M 16 21H 30H 4 4 22 15 21 60 1 65 48 14 29 22) 15 45j 30 2 ‘A 1 33H 13H 8H 5H 12 22 29 20 H 12 1 13 5H a 611 at 923 off 2 orfrftoint STOCKS (Sales In Hundreds) Sales High 50 78 Alum Co Am Am City P A L B Anf Cyan B Am Gas A El do pfd Am Light A T Am Sup Power As O A El A Bliss E W Brill A Bunk Hill A 8 1 27 44 2 2 14 3 23 28 109 14 1 1 7 4 4 8 1 1 Carrier Corp Ceu fit El Chi Flex Shaft Cities fierv do pfd Claude Neon Lts Comw A So war Con Cop Mines Cord Corp Cosden Petro El Bond A 8h do pfd Elec 8ns re Low 73 3 22 26 109 13 1 1 7 4 17t 60 16 28 45 40 2 26 16 6 1 40 1 2 26 j NEW YORK Dec S UPi — A final wave of buying turned many losses Into gains in the curb market issues Most pivotal Thursday dost swung up fractions tmrpwiAt while some higher-price- d shares added as much as 5 points Pittsburgh Plate Glass climbed 2 2 to 85 2 Montgomery Ward “A" was up 5 to 128 4 and Gulf Oil advanced a point to 38 2 Fractionally higher were Arkansas Natural Gas “A” at 4 Cord Corporation at 2 8 St! Regis Paper 3 4 Elec3-- 2 1 115 20l H 22 2 6! 13 13 "' 71 10 20 17 351 21 H 1 51 7 Tnt Nfck f 10 17U 21 IV 4 If 23 31l 47 7H 181 lOj CTY31 5! 17( T Mine Companies Vote Dividends 45 56 8 102 3 lot 1102 66 66 60 ' 4 — 7U 7) TTirm 33 33 If 6l 6! 33f1 7 VI 1SV44 16if 20 20 9 f 8 f 27 24 105 !f 3 8 8 3 7 1 1 27 24 VI 25 21 98 5?‘105 1! f 10l 38 10 5 38 17 391 39 37 30'f 111 19 19 61 3 J8 6i 10 lof- - 6 i2i f ISHIf 1 3 f 6 New York Stocks— Irregular derm 5b 94 Vi 94 94 1101 1101 1105 39 39 71 15V 18VI- 15 V 15 31 18 7 18 - V 7VI 25SI- - V 25 S V S 8KI- 89 H 18l 18 18V 82) 50 H 48 5011 3V 39 141 39 3 1W 4! 19 181 19 81 17 181 1671- Loriiiard — M— 8 21 204 2IV41 Mack Trka 211 29 284 29 Macy 24 23 V Magma C 10V 10 10V Marsh Fid 10V 10 10 ( McCrory S 9 8V 9 McGraw H 37 V 38 38 McIntyre P 22! 31 8 McK A R 8k 84 5V 5V 2 - 5 Mettgei C 39 V 39 V 39 Mesta Ma V 191 J9Vl Mid Con P — 10! 19V MUflamrBP 2026 V J21V!28 T13 LibMcNAL Ug A MB Liquid Car Loew's Inc Lone St C Loose W B 91 t 2J Minn Mol Mo Pac 41 Mon Chem Mont Ward M L C M Mot Wheel Mtnrev Cp 41 do nf Nash-Kel- N Biscuit N Cash R Nat By N Dept Bt j P4 25 8 89 89lt“ 212V ' 1' Bfi' 21 4' in- - 7 21 2V 3VI 3VI 3 V 76 78 77 3511 33m 35VV Vl 12M 1211 12 V 5' 6V' ewj 6V4' 10 13 11 Jl 4o! 14V 1SVI 1911 101 17 “51 I V — I 17 9i HJI 7 ! 1TVI--444-- 15 14-- 8 I 105 2H01 4 90 86 II 94 103 89 86 39 103 90 86 94 94 8f 25 97 4 28 28 97 28 97 97 22 ? 88 46 97 2 5 s 50 Mo Pac 5a 77 F do gen 4a 66 Mont P 3 8 66 15 18 24 5 97 96 7 7 Nat 10 98 73 97 71 86 25 II 2) II 99 10 89 241 96 86 24 23 99 88 51 ww 3 D 21 22 88 121 61 66 31 261 87 4a 96 4fl 56 11 91 91 31 51 steels 4s V IV " 95 88 96 91 90 55 10 12 14 97 60 85 69 87 96 91 91 56 10 91 81 98 I St L 8 F 4 a 781 do 4s 50 A Shell Uu 51 Sou Pac 4 a $1 j do 46 Sou P 4 Ore 77! Std Oil N J 3a 611 Stude 6a cv 45 I 74 1 521 14 97 61 85 14 711 101 151 70 I 12 14 97 61 85 69 5s 5a Open Va Rv 3a $2649006 Metals and Money at July Rye Dec Mav July Utah smelters reSettlement prices ported by the American Smelting and ReLead 5c pound fining company are 10 65c pound copper 66 67 65 new Lard— r Dec 8 25 8 60 8 85 8 8 9 Jan May 96l 4a 6s 6s 5s 5a 6s 6s 96 Kansas City lc lc lower to Receipts 66 cars 2 dark No hard 98c© higher No 3 95c No 2 hard nominally 93$100 c© c No 1 94 No 2 red nomi$104 nally 93 © 97 c No 3 nominally 91 c 4i $1 03 Close’ December 91c May July 6£k cars Corn — Receipts unchanged to lc higher No’ 2 white 56ct 3 No 2 No 56©57c 53 ©54c No yellow 3 52 ©53c No 2 mixed 53c No 3 Close December nominally 51c May 53c July c higher to 6 cars Oats — Receipts c lower No 2 white 32©32c No nominally — Milo maize 92c © $1 02 Kafir — 81 © 89c Rve — 69© 70c Barley — 37 © 59c No 1 hard and dark hard wheat 5c to 13c over December No 2 hard and dark hard 3c to 12c over No 1 red over Np 2 red 3c to wheat 5c to 5c over No 2 white corn 5c to 6 No 2 yellow corn ov6r to 3 over No 2 mixed corn 2c to over 83c 6c 2c2c Minneapolis 2c Ld Unchanged J Total issues Dividends 114 ’ Investment Companies NEW YORK Dec 2 (AP (New York 392 237 176 805 Bid Asked INSURANCE ltr Treasury Report 8 (AP) — Th -2 ’( AP)— ThrposT-tlo- n futures market's' undertone was steady "WABHINGTONrP of ths treasury November 30: Thursday reflecting better behavior of $9259943 62 expenditures Receipts balance “ $2 608228-14- 0 the spot market and firmness ta London $10573773 32 44 customs receipts for ths month January No 3 after selling at 2 38 was around 2 37 in ymidafternoon when $31 513 357 52 the list was about net unchanged No 4 Receipts Jor the fiscal year (sines -July 85 contract was abont expenditurespouu net - higher 1) $231080246 406 72 including $859 474834 62 with March t 1 18 The market reacted in late trading under of emergency expenditures: excess of ex- 155 $778 749159 67 Gross debt selling 454 Oubsn 22 a deorease of $101-08- 5 Futures No 3 closed harelv steady 1 to rndttures 05 below the previous day Gold aa 161 i lower Sales 11 550 tons January Y16 linrrchrZ36 bidT MayTT37 bid" sets $12 774 080 319 15 Including $1242 I 514603 09 of inactive gold July 2 37 bid BOSTON Dec 2 MP)-Follo- wing are the-- sale high low—and closing prices of stocks traded Thursday on ths Boston stdCR exchange North Butt Utah Metal 10091 I ReseryeReport WASHINGTON Dec 2 (AP)"— Combined resources and liabilities of the 12 federal reserve banks atNhe close of business Wednesday were reported Thursday light in thousands by the federal reserve bofc of dollars as follows ASSETS Gold certificates on hand and due from U 8 treasury 9121 965 Redemption fund federal reserve notes Other cash EGGS Large white henneries dox Medium whi'e henneries dox 32 28 28 Large standards dos Mixed colors dox 27 CHEESE Full cream triplets lb 20 Full cream longhorns lb 20 Full cream b sandwich loaf 21 Triplets western cured lb western lb cured Longhorns Dairies Wisconsin cured lb !23W Longhorns Wisconsin cured lb NEW YORK Dec 2 (AP)— Dressed poultry — Boxes barely steady fresh chickens fryers 22 ©28c roasters 23 ©19c other tresh and frozen prices unchanged Live poultry — By freight chickens rocks 21 ©24c mostly irregular 2324c17 colored 17fc20c mostly 20c leghorns ©18c fowls colored 23©25c leghorns 16©l9c mostly I8©19c old roosters 17c turkeys hens 25c toms 21c ducks 20 ©22c By express mostly 21 ©22c irregular chickens rocks 22 ©26c mostreds 21 ©22c ly 23 ©24c mostly 21c leghorns 15©20c mostly 15©18c broilers rocks 22©28c crosses 17©28c mostly 24 ©26c reds 24 ©25c leghorns 21c fowls colored 20 ©25c mostly 20 ©24c leghorns 10 ©22c mostly 18 ©22c old roosters 16 ©18c mostly 16o hens 23 ©24c toms 18 ©21c mostly turkeys 18c Butter — Receipts 7734 firm creamery higher than extra 88-9-40 ©41c extra 92 score 40c firsts scores 34 ©39c seconds 84-8- 7 scores 32©33c Cheese — Receipts 137618 irregular prices unchanged Egga— Receipts 11100 unsettled mixed colors special packs 27 ©29c standards 26 ©27c firsts 24©24c seconds mediums 19 ©20c dirties No unquoted 1 19 © 20c average checks 17 ©18c refrigerator special packs 20 ©23c standards firsts seconds 18c mediums small ana dirties 17c whites resale of premium marks 31 © 35c near-band midwestern premium marks 30 ©33c exchange specials 30c midwestern exchange standards 29c nearby fancy mediums 23©25c near-baud western exchange mediums and top pullets 22©22c average pullets 2lc: Pacific coast jumbo aud premiums 33© 43 c standards specials 31 ©32c 31c mediums 24 ©25c pullets 22 c browns extra fancy 31 ©32c near-band western special packs 28 ©30c near23c duck eggs by smalt to mediums fancy to extra fancy 28©33e 19c 18©18c L08 ANGELES Dec 2 (AP) — Produce exchange receipts — Butter 23 600 pounds Butter In extras 37c 28c do meEggs —Candled large egq diums 23c do smalls 20cDec 2 AP)-?LJ- ve CHICAGO poultry— Receipts 31 trucks easy hens 4 pounds c up 19 young ducks 4 pounds up colored 17c white 17 c small colored and white 15c other prices unchanged Dressed -- poultry —Easy —prices unchanged— weak 3353 fresh Eggs Receipts graded extra firsts cars and local 24c firsts cara atjd locaL 23c turreut receipts 22c refrigerator extras 18c: re18 c refrigerator frigerator standards firsts 18c Potatoes — Receipts 55 on track 281 total U 8 shipments 534: weaker supplies rsther liberal demand verv slow Sacked per cwt : Idaho Russet Burbanks (J 8 Vo 1 $115© 140 U 8 No 2 $112 Colorado Red McClures U S No 1 $1 40 Nebraska and Wyoming Bliss Tri©145 85-9umphs per cent U S No 1 $1 10 Low Close 45 ' 45 01 91 9 787 822 264 Total reserves 453956 Bills discounted— Secured by U S government obligations direct or fully guaranteed Other bills discounted 12 072 4961 Total bills discounted 17011 2 828 Bills bought in open market 18464 Industrial advances S government securities— T38 073 Bonds 1168461 Treasury notes 647 479 bills Treasury Total U S government se- 2 564 015 curitles Total bills and securities 2602340 178 Due from foreign banks Federal reserve notes of o£her 25 784 banks 970 245 Uncollected items 45 268 Bank premises 44161 All other assets Total assets LIABILITIES Federal reserve notes in actual circulation Deposits — Member bank reserve account U S treasurer general account Foreign bank Other deposits Total deposits Deferred availability Items Capital paid in Surpluus (section 7) Surplus (section 11 B) Reserve for contingencies All other liabilities 12841932 4279 489 6906472 176 617 272 492 186 855 7542 456 669 928 1)2 518 145 854 27615 35 714 8 338 12 841912 GTotal liabilities Ratio of total resenes to deposit and federal reserve note liabilities combined 80 0 per cent contingent liability on bills purchased tor foreign correspondents 1888 commitments to make Industrial advances 13249 Idaho Potatoes IDAHd FALLS Dec 2 (APUSDA) — point" Information for Wednesday cash Upper valley —Carloads track to dealers) Russets U S No 1 mostly 60 ©65c an occasional outstanding minicar as high as 67 c some Cash to mum higher U ft No 2 400? bulk per cwt : Russets U ft growers No 1 a few sales 40 ©45c: some net in farm cellars some delivered at loading S No 2 mostly 20c point: U Falls-Burle— Carloads f o b cash Twin Russets U 3 No 1 track to dealers mostly around 60r an occasional car higher l) 3 No 2 mostly 40c Cash to bulk per cwt : Russets U S growers No 1 very few saies 35 ©40c U S No 2 15 ©20c fob Shipping Coffee Market ftEW YORK DM 2 (AP) —CoffM closed steady Thursday ftantos opened 11 to 23 points higher and closed 6 to 20 points higher sales 37 000 Rio opened unqjianged to “5 points higher snd closed 2 points lower to 10 higher sales 1500 Closing quotations December March 6 50c 6 10c Mav 12c July 6 11c September 612e Rio 4 94c December March 426c May CHICAGO Dee 7 (AP)— Butter was 4 21c July 4 15c- September 4 15e Cost and freight offerings included SanFresh 93 score steady to firm Thursday 19 ©40c 92 score 39c 91 score 38c tos Bourbon 4s for prompt shipment at 90 score 89 score 88 from 690c to 7 30c Spot market quiet score nominal Centralized carlots: 90 Santos 4s Bio 7s score c 34 89 score nominal © 1 20 32c36c 36c 6 34c 8c $c MOME dDwNEKS' -- INVNY QUANTIT-YAT LOW PRICES O O O O —O O O - Naibu Lumber Hardware t Cement Rolled Roofing Shingled Insulatiof If there are any Improvement your home needs to mlko it more let u arrange to finance them for livable and comfortable yon on easy monthly payments out of Income Take as long a J years to pay & CO MOnniSOII-MERRIL- L Boston Stock List Sales! High 5501 45 1-- SALT LAKE CITY BUTTER First grade $ 39 Second grade 38 Third grade 38 o less) (Parchment wrapped United Fruit company announced special dividend of $l on capital stock payable December 21 to stock of record December 6 In addition a regular quarterly dividend of 75 cents was ordered payable January 15 to stock of record December 20 Beatrice Creamery corporation declared an extra dividend of 50 cents and regular quarterly dividend Df 25 eenta on common stock both payable January 3 to stock of record December 14 A like extra — “ war paid a year ago v Directors of Briggs Manufacturing manufacturers of automobile bodies 'authorised a year-endividend of $1 50 a share on common stobks payable December 14 to holders of record December —33r-- — Company od September 30 and June 25 3-- Produce Markets Consolidated Mining and 8melting company of Canada declared an extra dividend of $1 50 and a regular semiannual dividend of 50 cents both payable December 31 to stock of record December 8 Bra- m Bliss A Laughlln Inc manufacturer or steel products announced an extr d of 25 cents and the regular quarterly cents on the common and 37 cents on the all payable December 24 to stockpreferred of record December 11 An extra of 50 cents was paid In September Directors of National Cash Register com pany declared a year-endividend 25 cents a common share In addition ofto Tegular" quarterly dividend of the jame amount Both are payable January 15 to holders of record December 30 At the year-en- d in 1936 a payment of 50 cents additional was made " o£n "Close 1 17 Mav 1 14 1 7 11 1 13 r-01 08 110 NEW YORK Dec 2 (AP)— Following July Cash wheat— No 1 northern 1 35 : No are the bid and asked quotations furnished 2 northern 1 26 No 3 northern 1 11 No the1 No 3 white L 2 white 47 Oats— bv New York security dealers on New York bank and trust company attacks traded 5 Market Sugar Dm NEW YORK LONDON Dec 2 (AP) — — Standard spot 39 pounds 16s Copper 3d future 40 pounds Is 3d electrolytic spot bid 44 pounds asked 45 pounds 10s Tin — Spot 192 pounds 10s futurs 191 pounds 10s Bids Lead — Spot 16 pounds 3a 9d future 16 pounds 6s 3d Zinc — Spot 15 pounds 15s future 16 pounds i NEW YORK Dm 2 (AP) —Copp — pot and futur 10 00 £VyLl 1100 !lcr°lylc export 1014 Tin — Steady spot and future 4 1 50 Lead— Steady New York S 00 pot ® 5 05 East St Louis 4 85 Zinc — Easy East 8L Louis spot and futurs 5 00 Iron aluminum antimony quicksilver platinum and wolframite — Unchanged NEW YORK Dm 2 (AP) —Call money —Steady 1 per cent all (lay Prime commercial paper — 1 per cert 60-9- 0 loans — days IV 6 months 1 V Steady per cent Bankers' acceptances — Unchanged “ ' Rediscount rate— New York Reserve bank 1 per cent MINNEAPOLIS Dec 2 (AP)— Wheat Receipts 38 cars trading basis unchanged higher quotations 1 Cash — No heavy 1 dark northern No dark northern $108 ©118 new York dm 2 No 2 $1 05 ©1 16 $1 06 ©1 13 1 fu- No 3 $1 01 i 1 11 lower test weights tures closed quiet 2 lower (ap— Zinc futures 3c discounted closed nominally per pound fancy and steady No 1 hard Montana $108 No 1 dark changed hard or No 1 hard Montana winter hard amber durum No Montreal Silver ©102 $100 1 No 2 87c©$105 90C©$106 MONTREAL Dm 2 (AP) — Silver No 3 84c©$102 No 1 red durum Hirea closed steady 5 89 off ©90c Bids : December points 44 25 Corn— No 3 yellow 48 ©50c trading 'sales March 4405 May 44 05 c higher basis unchanged quotations — No 3 white 28©28c Ogts — Barley 34 © 79c No 2 64 Rye— 0 67 e Flax — No 1 $2 00 ©2 12' Sweet clover feed— $6 00 ©6 50 W YOR K Dee 2 Directors of United Verd Extension (AP)— Minina company copper producer and smelter with prin-cipLiverpool properties In Arisons Thursday deLIVERPOOL Dec 2 (AP)— Spot wheat an initial dividend bf $2 —Hard winter 8s 4d Rosafe unquoted clared a capital ahare liquidating payable December 20 to Danubian 7s ltd Australian 7s lid tock of record December 6 Futures — Closed firm December Security Dealers' association J mar- YORK Dec 2 (AP)— Bar silver— Unchanged at 44 c LONDON Dec 2 (AP)— Bar silver— 1 6d Oft at (sterling price equivalent to 44 08c) Bar gold — Declined d at 140s (ster-lin- g to price vqutraMiit $34 92) Monev — per cent rates — Short nd bills 6'13-1per cent Consols for money— i 74 19d 51©52c 54e 31©32c 66 Weat Un 5s 51 do 5a 60 do 4 Vi a 50 Whl Stl 4 fig A! Young SAT 4a 611 15' 96 FOREIGN BONDS (Sales in $1000) APAP 5a 53 3 62 61 98 Antwerp 5a 58 Australia 5s 55 2 104 do 56 15! 99 Belgium 6a 55 I 103 Brazil 8a 41 91 22 26-5do 14) 20 Canada 4a 60 t( 7107 CM B 5 13 61 71 Chile 7s 42 J4H Col 6s 61 Oct 28! 13 Cuba 1101 64 45 Denmark 4a-6- 2 II 98 OCAB 6s 60 31 3 GCAL 6H 2' 29 58 Ger Gov 65 ' 1091 2 dn 7a 49 16 b GCLPJap 7a 44 Ital P Ut 7s 52 14 65 2li 81 Italy 7a lp51 9 79 54 Japan Kr A T 5s 59 ct 461 27 Min G 5! 11 59 87 102 Norway 4a 63 Orient D 5 a 58 26! 59 21 31 Peru 7a 59 2! 56 Poland 8s 50 Rio 4e J 4 10 53 fc a 53 Rome 12! 67 Sao P fit 7s 40 13 45 Tokio C 11 63 61 Tok El Lt 6s 53 251 61 71 64 Yoko 6a 61 Total stock sales Thursday 196 000 shares year ago 488825 shares total bond sales Thursday $1300000 year ago 89®89c Un Pac l sti 4s 41 Utah LAT 5a 4 4 Utah PAL 5a 44 re Chicago Wheat — Higher Argentine damage worse Corn — Firm 'sympathy with wheat — j — ---Cattle— Weak slow Hogs — Unevenly steady to weak What the Stock Market Did Thurs Wed Advances Declines 93! 4S 98 73 66 86 24 21 99 88 96 66 2 96 3i 88 91 80 98 U S govern-- ’ ments and Cuban Issues rise Curb— Steady utilities lower Foreign exchange—Steady sterling franc lower Cotton— Dower liquidation and liedge selling Sugar— Even steady spot ket Coffee— Higher firmer zilian markets ' dividends totaling $68032215 were declared Thursday by Mountain City Copper company and Walker Mining company subsidiaries of the International Smelting and Refining company Mountain City Copper declared a dividend of 25 cents a share totaling ?$59286f75 and Walker Mining company deflated one of 5 cents a share totaling $874640 Both dividends are payable December 23 to stockholders of record December 13 This is the second dividend for each company Mountain CityJop-pe- r paid 21 cents a share DecemBer 24 1936 and Walker paid 7 cents a share April 25 1930 3S t 914 81 Bonds— Mixed 35 4 1102 1101 1101 32 102 581105 cover Lambert C Lehigh P Cl Leh Val RR Lehman C t 6s Va 1 h 5656c with 5000 shares changing hands Walker recovered to $125 up 2 2 cents and closed strong at $125 bid Clayton Silver recovered to 38 cents up if Silver King Western to 39 Rico Argentine to 17 2 up up a half cent Moscow opened unchanged at 4 cents and eased to 3 4 with 8000 shares trading Chief Consolidated yielded to 51 cefita off 1 Horn Sil- Consoli- ver to 35 off 3 Park-Ci- ty dated to 26 2 off 1 and Bonanza to 2 4 off a quarter cent Utah-Idah- o Sugar common sold unchanged at $17Q Eureka Lilly at 53 cents and West Toledo at 2 2 Christmas 4s 5s Bank Stocks 1 If- - 46 56 46 5s V 11 If 10l 20 19r 66U 64 v 12 11) 9 10i 10I 130l3l 6 5 4 4 Chicago Grain NEW YORK Dec 2 (AP)— Wool top Prices eased 'futures were quiet Thursday In sympathy with lower lorelgn market and Roubaix declined 40 to 50 centime d Antwerp V4 to Total bond sale Thursday $7033025 Futures closed quiet 2 to 13 lower March 79 5b Mav 79 lb October 787b previous day $5849300 week ago closed March May $114 ear ago $13430000 two years ago $115 Spot standard tops 84 o unchanged bBid Exchange $4 98 $16 590000 January 1 to date $2603-09600 year ago $1 266049900 two years ago $3106650000 Winnipeg WINNIPEG -- -Dec 7 (AP)— -Wheat-High — Low 1 18 1 13 December N Y 21 51 24 21! 11 21 20 8 66 27 12 2V 21131 6 20) 9 Wool Market 1 2l-9- 2 Hercules P Holland F Holly Sug Homstk M Hou Her A do B Howe Snd Hudson M Hupp Mo Inland Cop Inapir InterllT lr Int Bus M Int Harv Int H) EA 3 1 Total sales Thursday 917180 shares 695 570 week ago closed previous dav year ago 2 0381 950 two years ago 2357-77- 0 to date 382 688 690 year January 453923385 two year ago ago ' 1 1 14 26 11 Ore ct Gt No R pf tras steady and unchanged Thursday at 3 30 cents for spots sugars Shipment Sales reported were ware a little firmer 18000 bags of 1938 quota Philippines’ at 1 3 32c and 10 000 bags of Puerto RictaL tl! Cent 3 3ft cnta for Januarya&d February shipIndus Ray ment St 115 22 1 6 Union 8AT 6 5 af 3-- 3-- totaled Technicolor Teck-Hug- h G Trans Lux United Gas — Fresh upturns Unit L A Row A! Dec CHICAGO of almoat 2 cents 2(AP) a bushel in Chicago Utah PAL Pfd West Air Exp wheat prices Thursday accompanied reports Argentine frost damage ia beyond Wright Harg ” anyone’s previous guess DOMESTIC BONDS Argentina’s wheat crop aituatlon was 8a!es hi $1000) aseerted by one dispatch to be “deplorable " Other advices however said crop losses Am GAE 107 2028 -5a 5 -4u—aouih Argentina would be offset by J106jl06 2 105 1105 1105 Rad 4 s 47 better than expepted yields In north Ar- Am As Elec 101 38 63 38 38 gentina T Bell 1114 1113 61114 Can5s55A The prospective wheat harvest in three Chi Dls E 4 s70 large provinces of Argentina was estimated Ctt fierv fts 66 -at 93153000 bushela Their output last Cit S Pw 52 year totaled 126849000 bushels Comw Ed 4s 81 F Influenced by late profit-takin- g ConGELB Chicago 71 wheat futures closed at a reaction from Cont GAE 5s58A the day’s top unchanged to above El PAL 5s 2030 finish 94 December Wednesday’s Hygrad Fd 6s49A May July 8fir®86c 111 P A L 5s 56 Cj corn unchanged tb c up December 52 Ind PAL 5s 57 A c to frrSlc May oats c Lib McNAL 5s 42 advanced rve showing 1c to Nat PAL 5S2030B bulge and provisions a jump of 12c to 20e Nev Cal E 5a 56 NEng GAE 5s 501 NYAW Lt 5s2004 111104 103 1104 Cash Quotations' 671 NY PAL 6 107 106il06 CHICAGO 51 95 Dec 2 (AP) — Caeh wheat — NYCtAE 4 s 80 95 95 No 5 mixed 84c weevllv Noin PS 4 Vb70R 7 91 93 21 85 Ok Nat G 5s 461 Corn — No 3 mixed 52®53c 84 No 84 AI c 1 do No 97 55 II 51 97 white 52(g)51c 97 yellow -64 Oats— No 1 whits 33 ©34c No ' Pac P A L 5s 551 10 651 “64 Phil El P 21111 72 111 fill white 32 49 261 70 70 69 PgS PAL Rye — No —2 74c ShawWP 4 HsftRB 11101 103 1101 Soybeans No 2 yellow 94 c 121 92 91 92 nominal SE PAL 6s2025A 75 ©84c Barley — Malting So Cal Ed 3 s 60 7H03 42 ©60c nominal feed 101il03 do 4s 60 51108 108 1108 50 2 85 Timothy seed — $2 51 1 08 ti 1108 Toledo Ed 5a 62 108 Red clover seed — $27 50 ©32 50 1 1104 Wash Gas Lt5s58 1104 1104 Sweet clover seed — $7 75 ©8 50 Wash Wat P 5s60 11105 1105 1105 i 21 40 West N U 6s 44 40 39 71 91 Wsc PAL 4s66A 91 91 Range of Leading Futures lc694c le al 5-- l-- 9292c Pushes Higher Led by New Park and Columbus Rexall both of which made aubstan-tigains on fairly large volume favored mine issues pushed higher in Thursday's session on the Salt Although Lake Stock exchange volume trading was limited to a half dozen Issues predominance of gains made the market look strong 16 "cents off I After opening cent and a new low for the year tric Bond & Share 11 4 and Wright New Park rallied and advancedclos-t 20 on a volume of 3900 shares Hargreaves at 7 8 Columbus 188000 ing strong at 20 2 bid Transactions shares compared with 170000 shares Rexall opened unchanged at 4 cents advanced to 5 reacted to 4 Wednesday and closed strong at 5 bid offered at 6 Volume totaled 11000 shares Bingham Metals advanced to 26 cents up a half cent but surrendered the gain with 4300 shares trading New Quincy opened at 214 cents up 1 but reacted to 13 Equity Corp Fxcello Corp Fanny Farmer Fisk Rubber Ford M Can A Western Union Ssdwpped 2 4 Oil pointso 66 2 in the wltke of the Gulf Hecia Min government's antitrust proceedings Rolling Nickel Plate 4 l3a Hud BayGoldM A against it Oil dipped X 2 to 61 4 while Alle- Humble InssCp N Am ” ghany 5s of 3950 stamped climbed IuternaKPet Mount CTtjkCop 2 points to 32 Nat P A Ltd In the foreign group Cuba 5 Niag Hud Pow r Nlag Sh Md BL climbed 2 8 to 63 active Niplssing Mns trading Turnover for all bonds to- Pennroad Gold taled $7033025 face amount com- Premier Pg fid P $5 pfd Indus pared with $5849300 on Wednesday Selected Sherwln-Wm- s 1-- Reactions NEW YORK Dec 2 (AP) — Following is list of Thursday's transactions on the New York curb exchange: i 1 — 7— Zenith Radi Zontt Prod) 104 Lautaro N I 75 MKAR 1 Young 95 1107 97 Loew’a ' —V— 1107 95 1107 104 97 3a WIlsonACo Woolworlfi Worth PAM ‘ 1104 1104 1107 6 3s 115 90t 91 104 1103 9 H 2 7 91 d 4s 45 Kreage 32 H 45 f 10 15 5 14 5 60 Int Paper 5s 47 39i Int TAT cv 4 i J J A L Bt4 a 611 U U ni d8 3a Cen Inland Stl 111 8 tVil-s 5 14 Gdr TAR 5fl 57 Gt Nor 4fl 46 If 13H 1 3 HI -- 8 4S5fi Goodrlh 1 21 19 12 12 1 G M 30 If -22 15V4I 21 14 15V 52H 76 45H 31 10H 6O1 2 J1 91 8A 30 32 44 10 14 31H Ac 3b 46 do 3 a 51 07 HI 97 H R Rand 4 s 56 56 Rep Steel 4 a 56 R CABr 4 lit2 3' 6lil02 1102 49 4ap97 17 db 70 Pa RR 4 do gn 81 331 do 3 a 70 141 91 Phil Co 5a 67 O E 60 Port 15) Post TAC 5b 53 159i Weatgh Air Weat EAM White Mot 10 3 i 97 H 8 U 4 2 4a 4a Weat 96 86 74 96 59 10 6 o 7 NYC rf 5b 2031 do 2013 A do 3 B 46 NYNHAH cv 6 48 67 do No Am Ed 5b 69 C No Pac 6s 2047 do — V— Vanadium ) —W — Walgreen Walworth Ward BakB Warner Pic West Pac 1113 i St J Lead Inc Sharp A D Shell Union do pfd Silver King 56 58 3a Safe Strs Srhrnle' O Sears Roeb 92 96( 4B Vf C American Venture cor- Greyhnd — H— Bdy poration and El Canada Mines Inc Hayes A Hazel 6 October Spot steady? middling 8 06 9tl00H00il00 1106 1100 1101 101101 8 29 86 85 59108 5a 2000 D 8 60 Beth St 4 66 do 3 Bkiy M T 4 8661 4 57 Can NRy a 60 Can Pac 4 do 4b perp Cen Pac 5b 60 do 1st 4B 49 RAO i4 corn-too- - 112I112 141113 151 RCA er j 76 76 W 76 64 64 63 32 30 29 32 251 56 50 56 10 10 J J102HI10J Pi 121 21 1100 5b Dec 2 (iD— The WASHINGTON ecuritles commission Thursday broker-dealrevoked the registration of Albert A Hall doing business as A A Hall company 60 Broad street New York City The commission said its action followed the consent by Hall to the entry of a decree enjoining him from further violations of the securities act The decree the SEC pfd Rv S said was entered by Judge William Gen Gen R A U The E i Clark in the United States district Gen Gillette S HI court for New Jersey Goodrich TAR The decree alleged violations in Gdvr P n Graham connection with the sale of Gran C N stock of American Grand Slam Gt Nor lr Cotton 5s 44 Alleghany do 5s 4 do 5s 50 sta A AFP s 2030 AIGC 5 Vis 49 Am TAT 43 39 71 37 HI 39 H Pit t MeeLM 12 Vi 12 Vi 12VV H 501 48 do nf 46 2 45 TA-51 P 4 3HI 3 H pf 9 111 Pr St Car OH If 47 Pr A Gam IV 45HI 47 R P S N J 81 61 37 481 Certain-e36Ht 36 H Pnilmau96- - D — — 14F 94f--94f-4AO 4 IH SMSPAP I Pure Oil 5fl 75 12 U 11‘AI 1 2 A 1861 10 H 8 461 Punt Bakl do aj 5b 2000 3V§ 8HI H 1 — R— 7 491 140 CANW cv 7 1171 7H 6TAI 18ll02 Clim GAE 3 Via 661 81 4 HI 4 C 4H1 CUT 19! 91 77 1 21 92 Rem Rand 141 1 I H Colum G 5A 1961 13H H2 44 Reo Motor 111 2 V 2 H 46 ' H Con Ed 7il04 114 18VSI 17- 6 104 18VV Rep Steel 11 do cv pf 78 H 78 HI 78H!f 5 3U07 R C A Br 15 i 15 15 HI 95 1 107 43 HI 43 Rey Tob B 43 H 2 104 Utah Firm Named In SEC Decree Dec 2 (AP) — Cotton YORK NEW moved Irregularly over a narrow range in quiet trading Thursday Early slight Josses tinder southern and foreign selling were— —recovered off trade and-4oc-al support March oojd up frqm7787 Jo 7 91 and the list was 1 point oet lower tv 5 higher hour near the-4ffi-a The market rallied In lata trading on covering and local buying influenced by Strength In the stock market Futures closed very steady 5 to 10 higher December January 7 07 March 8 02 May 62-4- 1 Sears-Roebuc- “Mthdrswir is OWNERS treasury's December financing would not involve borrowing of new money sXfhe Associated Press average for 20 rftHa gained 1 of a point to 722 while IcTSnjdustrials advanced 2 of a point to 9K Ten utilities stood Select Groups In Mine List Quotations 3-- Otis 3-- Futures after holding fairly steady early feseted under hedge selling and liquidation No 3 closed 1 to 3 points net lower No 4 closed tons On sales of 11550 c net lower with saies Unchanged to — 8500 tons Close — No 3: January 2 36c bid' March 2 36c bid Mav 2 37c bid July 2 37c hid September 2 38c bid Refined was unchanged at 4 75 to 4 85 fents for fine granulated with only a light LOAN 101 5 1101 5 '101 5 17 100 25'100 26 100 25 2 102 251102 25'102 25 BONDS CORPORATION (Sales in $1000) 44-4- 2 68 Transfers totaled 937180 shares compared with 695570 Wednesday 'United States government bonds did better on the treasury secretary's statement but other loans were uneven ' Domestic ropper was cut to 10 cents a pound by smelters the sec end slash in two days Zinc was also lowered another V of a cent pound Shares prominent on the recovery were United States Steel at 57 v4 Bethlehem 62'4 Westinghouse 1051 Du Pont 114 Santa Fe 40V4 Johns' Manville 82 Dome Mines 50 Anaconda 30 8 J I Case 90 United States Rubber 27 8 Chrysler 58 k 55 and Texas corporation 4114 - It 6 49-j- S 2 Day The Associated Press average of 60 issues was up 11 points at 458 2 (AP)— JUw augur 59-5- 2 180-Sha- re Raw Sugar NEW YORK Dec 251103 TfcijOi 24 141101 1 lilfNL 1 2 9 101 9 1101 141100 14100 MORTGAGE 10H03 211103 21 102 21 lay-of- fs Utah Vanadium 60-5- FEDERAL New Steel Orders On top of this wishful thinking teels had the benefit of reports of Dew orders and forecasts mill oper ations after holding around current levels for a time are likely to regain forward momentum Even motors weak the greater part of the time stepped up at the last These had been depressed by revelation of slackening sales by General Motors and the possibility of further cuts in output and more At the same time General Motors’ Vice President Mooney returning from abroad said overseas stfles were up sqjne 25 per cent over a year ago The market lacked stimulating Dews from business and industry generally Washington developments including success in bringbill out of coming the wage-hou- r mittee provided little cheer for the boardrooms corporation 3J9 2ftlU22ll00 6)103 451101 31101 31100 FARM 55-5- He He 23i bhoistedi 9S7 around 2 2 the-treas- -- Brisk Demand N Y Curb Curb Prices Wipes Out Bond Declines a 3 Points ' “ Building-Headquarte- rs ” Salt Lake 3rd West at 1st North Branches: gountjful 33rd SouthMiirrayLn4 Wasatch 419 — —— Mldv - ' |