Show FEBRUARY SATURDAY MORNING THE SAL?' LAKE TRIBUNE 19 11 1938 Stocks Take Brisk: Setback in Wake of Roosevelt Speech on Prices : Latter Upturn IV Helps to Stock-Price- TiV—JT— f NEWYORlC Feb bloomed and wilted pun — Y Stock Bond Prices s AP)"-loiloWlnl- i MEW YORK Feb 1 la a tabulation Of Frtdar'a stook transac- Hons on til New York Mock exchange W— Stock Friday's mar- 18 In Exchange Quotations STOCKS (tale ket The list forged ahead at the opening settled down to alow slda-wis- e drift and then suffered a brisk re lapse following: the president's comment on price levels which were interpreted by some as spiking the guns of inflationiat The ticker tape got behind for a brief period on the and initial gains of fraction to more than a point were replaced by losses —There war a subsequent comeback and another dip but volume dwindled appreciably after the midday break and the majority of leader closed above their low of the day aell-o- ff Volume Relatively Small The Associated Press average of 60 issues was off 5 of a point at 442 Despite the occasional fast ' ' Sale High Low doe ' Corp Al ch A Allied Sire Ai Ch lata Amer Com Am Bk Not ' da nfd Am Can Am C Am com Ai otherwise necessary Wall Street opinions of the presivaried There dential' remark were those who thought the price situation and the mean of stemming the recessionary tide had been far from clarified Others advanced the administration's stand view the on "balancing" price levels was highly constructive for the long pull Devaluation Out Of principal interest to speculative quarters however was the chief executive's assertion that the objective sought did not Include inflation or further devaluation of the dollar In line with this idea recently strong European currencies gave ground in terms of the dollar Bonds were uneven and commodities up in the forenoon later retreated with stocks Wheat at Chicago was off 1 to 1 8 cents a bushel and corn Cotton yielded 30 lost hi to 8 to 65 cents a bale Coppers were aided by another jump in the export price of the metal to domestic rate for the first time in several months The increase reflected heavy foreign de- mand Among outstanding share losers were U a Steel at 53 8 American Telephone 137 Westinghouse 93 Chrysler SM General Motors 34 J L Case Wi Anaconda 32V4 Sears Roebuck 60H Union Carbide 72 38Us S7H r - IB" held declines to more than seasonal 19 28 H 138 651 f 271 137 5 9i 844 im 17 -- Steady 18 Bridge Bras Brlggs Mfgl eieciroiyiivapot Montreal Calif Pack Calla Cal at Hec Can D O Al Cnn Paclftci Car a Gen Case J I Co SQver March 4440c key AP)—Uver fu tio sum Bias 4430e July 3a Tl 55 Corp u n w Chrysler lat do A Bwm Swift colo F I Colum GAE col net vtel Col Carbon Com Credit: com Bo v Com at Soul cougoleum uon Alrcr Con Edison do pf Con Oil Con Textile! cont Bk A do B Con Can Con Oil Deli corn prod Crane Co Cr of Wh Crown Zell 15 35 34 SI M Twent rox ii 42 29 U 84 841A curties-w- do A 157 21 22 V4 22 Vi 22 V 15 Vi t 95 15 H 57 U 15W 57 at ilia 135ill3BU 211354 a! a 31158 31 1714 18 23 10 j V4 13 i - 5'i Vi 12Vi 2214 28 2214 231 29 Z 9 'A 3H 2V4 7 B5 2 21 S3 21 Vi 8) TS 1 70 14U 11 152 66 60 a HE A Nick C In T-Bait Int-T- 19 j TB4 T 3Sr7u7 T 11HI 174 15VI Ve 111 184 21 Vi 'vi n Mengel Co Mid Con P Midlnd St P Minn J4oll22 Mo Kan Mo Pac 131 Ma Pac vt He VPS Til Vfon Chen) Mont Ward M L O M Mot Wheel 113) 35 a II- - Munraj-jCNash-Kel- v N Biscuit Nat C Reg Nat Py Pr Nut Distill Nat LeadM Nat F Nat Bteel New lndust -nm-stL PId NYNHftH N Y Shi 211 ' H 141 1914 4 41 141 14 22V4I at 23 vi 51 8! 311 41 3i' Tl 6i 56 8HI A 17VI 85 18 I 22a-2- it 32 4 22 Pac Pa 1 4iWH trvfriB W! 4 1 ! 2T 2V4- I- - 161 341103 2Vi 10 68 Vi 20 Vt 6 :3 :"V4 :"it 94 5Vt 324 87 Vi 69 68Vi 3! 17Vi 18 IT H- I- Vi 19 8V 24 6 14 3S'4 33Vi m 97 vt 44 42i 174 4 13 ZiV 13Vi 38 32 Vi Vi 2i 25Vi 93 Vt - 4Vi 42Vi 2 16H 13V4 35 '4 -- 4 3i Export Copper Price Advances NEW YORK Feb 18 "— Th prica' of export topperFriaayWM boosted to 1011 cents a pound com pared with around 10 cents Thursday Cable advices to domesti&trade sources reported an aetiva buying movement abroad Tha jumo lifted tba foreigir price to a premium over tha domestic quotation for the iirst tima in sev sellers are eral months Domestic currently quoting- 10 cents Metal circles calculated tha for elen market on tha basis of Frl day's price was again at a level making It profitable lor domestic copper to pa sold abroad Underwood 18 Vi103ill03Vi 7k 36 304 36 21104411044 1041 St O! KHI DO BHi 884 88 95Vt 95 99 95 854 I T 19 100 99 984 984 99 i 994 22 Vi Zl 'Vil 64 90 Vi BUV4 2 21 oil II 98 99 i 22Vt 6V SOW 99 99 A 99 '4 21106 Vi 106 108 67 6H 6B74 62 60 604 51 B3 83 83 31101 Vi 101 Vi 101 Vi 351 251 181 V4 V RankQearinga bank: debit! Thursday Same day last year Friday bank clearlnia Sam day last yew $2300353:00 243622400 2454819 48 234&T3857 5i si Chicago Grain CHICAGO Feb IS i API — Rand down ward plunges or 2Vi cents In wheat prices iiennen rnaay in conciuaion or a ataie-mebv Preaident Rooaevelt outllnlna hi policy about commodity value ine preaiaani a atatement empnasixea the policy did not mean Inflation and this was seised upon by many traders as Indicating that Thursday's sharp advance of the wheat market had been effected on a It was also contended mistaken basis the president's remark Friday hd littl light on what definite future steps as to Dricca wre to oe taaen py me commodity administration An Immediate reault wa to bring out increased aelling of wheat futurea and alao curtailment or buying aupporc tor tne Broker said much of the selling market was In the nature of effort to however realize profits Wllh only fraction! r!lle from the at bottom Chicago wheat future day' tne close were ic 10 ivnc utioer inursnay a Ju'V 88149 finish 924o May 92Vi c down c to 884c: corn May 58o Julv fili4'61i4c: oats unchanged to Vic on rye ic to ic arop ana provision to 120 advance varying from 2c decline ti 3i 51 65 61 Braiil 8s 41 do 6Vi 28-5Canada 4s 60 Chile 7 42 Colomh 6a --61 Oct Cuba 5 Vit 45 Denmark 4Vis 62! 51 4r 23 109 2 1T 22 1 75V 521 13!1014 fi rencn Ym i GerCAB 6s 80 Oct Ger Gov 5V4 65 13ll06t 24 31 Vt 7 15 26 Vi 34 78 ns 161 60Vi rti itaiv 6Vi 54 Japan ao 63 KreugAT 6s 30cvl Mlnaaner 5 ii 50 N 8 Wales is 57 Norway 4 s 83 Pan 5s 63A st asd Rhine West 6s 55 Rio Jan 6i4s 83 51 11 30 1 110214 101 8'J 30 May 2914 lillv 21114 Sent aoy oeanw: Mav July 1054 05i 1034 1 Oct Lard: Mch May 9 67 8 9 -- 9 9 8 95 9 30 8 90 9 27 950-Se- July T4i 764 76 May July Sept 50 ft pt 9 67 108 Vi Bellies: May 75 101 106 31 26 771 74 59 30 102 3 Minneapolis 85 10 27 47 744 69i 67 H lO'lOIVt 39 II II 28U Feb IS 960 1100 TAPV-Whe- 02 01 Faat Crown Point Faat Standard East Tlntki Coal Kaat Utah Empire Mine Eureka Bullion Eureka LI Iv Con Eureka Mlnea Eureka Standard Gold Chain Grand Deposit Great Western Horn silver '03 01 Iiua nra yellow 524 5i4cr trd-Inunchanged: Quotations Vi c lower '4 F29 Barley— 43 o eic bl Bye— No 2 72V©76Vic Flax— No 1 Sweet clover eed — $750 e 800 is rati -- TAPl— Whet- Vio higher tsu2Ve Raceipt rio lower No 2 dark hard aiuu : No 3 Ma 1 hard B514 B98 07U nominal iJo 2 red ?4Vt 93i4ctB$104 Close (AP)— Raw sugar no 3 99c nominal o at 3 IS cents for May September 91Vtc July j ic NEW TORK Feb 1 wa unchanged Friday spots and 320 cent for future ahlpmant le with confirmed of 27000 bag of and March- Philippines for February-Marc- h April shipment to an operator at 320 cents ' Early flrmnesa In future on eaverln and trad buying promoted by continued teadlnea In the spot market waa followed by reactions under Increased commlsalon house aelling Final prices In the No 3 were unchanged to 1 point lower with sales of 20250 tons The No 4 contract closed unchanged to 1 point higher on sales ol 5950 tons No 3 close— March 225a hid: May 227c bid July 229c bid September 230c bid: January 226c bid Refined wa unchanged at 465 to 475 cent for fine granulated with fair withdrawals reported — Baleei High I lrioi 1 Low 2 I 95 1251 9S I tc corn— necripis ML No 2 Whit lnr NA Vi Indian Queen Kennebeo Kentucky Utah R3 01 30 03 01 10 02 10 20 01 117 01 07 08 Keyatone Lakeside Monarch Lehi Tlntlc Leonora Little May Magnolia Lead Mammoth Miller Hill Miner Gold Miuourl Monarch ' OOVi 0114 0014 03Vi 1 Nt!drlver 26 05 10 01 05 on 0014 13 02 ft K7 14 ft AO A Ua B8flO4C ti further 12 01 li(l 56 01 14 trad covering CHICAOO Fab 18 (API— Butter ws Freah: 93 acor 80O steady Friday 92 acore 29Mic 91 scor 4ci eo 30e score 28 He: 89 aeon 28 e 88 Score 28c Centralised earlot: 90 aoora JtViCi 80 score 28 a 18 score 28a BAN FRANCISCO Feb 18 —Butter — 93 core 29 c Score 39c 90 acor 29c 89 acore 28c Egg and cheese unchanged LOS ANGELES Feb H (AP)—Frodue exchange recelpta— Butter 112300 pounds cheeae 43900 pounds BRa 720 cues Butter cheese and poultry unchanged — 1—candled clean extras 21e: Eggs 1 — candled medium eitraa 20c 3— candled medium atandards 18c 1— cndlad small xiraa lie tl 18 (AP)— Sugar fu Th No 3 "rldy after advancing 2 to S point on reacted under In 03 08 02 06 01 35 42 17 $ fll 10 36 02 01 01 01 02 02 01 004 nr 004 06 02 02 02 1114 01 11 5 10 5 25 01 02 13 01 01 M 1 37! 1 4 Walker Mining 02 West Toledo niaai 03 ni Wllhert 01 02 vanke Con 14 10 Zuma 1 30 Utah Idaho Sug com 1 7 25 775- do pfd FRIDAT SALES Bingham Metal 1000 at 21c 1000 tt I I I J BE SURE YOUR ENVELOPE A COMPLETED AND j I ' Bonania 1000 rthue nnn Knn at mc ll 1000 at 4ic 5000 at 4Vc: 500 at Metala 4vc 500 at Combined 16c Crescent Ragle Oil 2000 at 2c Fureka Bullion 1000 t 16MC 46c at Kureka Lilly Con 200 Eureka Standard 700 at 80c Howell 1000 at 3r Mt Cltv Conner 100 t $680 25 t $650: 100 at 665 t Ohio cooper 3000 5000 st IVie t King 1000 Prk Park Premier 500 t 7c: 500 at 7c Prlnc Con 500 t35c 500 t 38c 500 at 39c Tlntlo Tad 200 at 28c Tlntlcat Htandard 25 at $520 $S710T-21T$520 riniAM rhir onnn at 1 t&e Walker Mining 100 at $137: 100 al 300 at $140 $1 Wst Toledo 2000 t l4c1 T M ) CURB SALES (After Colummi Rexall 500 t 44C c Tlntlc 3000 at Maimoll Tead ?000 at 4c West Toledo 2000 at Utah Powr and Llaht 87 pr(erred 10 BEFORE ' 8EALE0— DEPOSITING- y" ' ic lc: 42: lc at 83575 Unlisted Industrials Bid I I Vh 3 Manitoba Jjfts L Curb Uth 10 —o Refining) (API — Snot wheat (ttah Southern Oil 6d Danubian It BONDS WINNIPBO Teb 18 (AP)— Wheat-H- 81 26-- lis4 lit96 98 — northern 1tZ 1 Oil Uollv Snear 4 "shorts" do 47 IT' 961 wheat No 1 $142 no 4 eiiu v $136 c Oats— No 2 whit 57e No a a 875 1 25 91 00- - 9900 00 una on 1104 I 17 00 Investment Companies NEW TORK Feb 18 (API— Invest ment banker aaked prlcee Bid 1 l Inc Conference Bullock Fund Can Ine Fund Corporate Trust AA tnann FALLS Idaho Feb IS UP- - do do A A mod USDA) — Shipping point Information for Dividend Share Thursday! f o b esj Fund Inventors Ine Unper valley —carload trmrit tn fUalera: Russet a U 6 No 1 Fund BTr Share A 4 do mostly 55 60c with offer at 55c light Maryland Fund l U 8 No 2 37VW3c grower Nation win see Ch sulliclsnt bulk per ewt: Srarcely trading do v?t t —— quarterly — to eslaillih jLjnaraai — —Inc Shr — Carloads f ' y ! "Twin Stand TJtll In T U Ne 8 Ruiseta track to dralera: Am Tr D of Super Close cash H 8 No u s si a p 55S0e mostly 37 e Cah t grower bulk per cwti do B 2 Rusiets U 8 No 1 3540c moStly do vot 95 37c U 8 No- - 2 1720 96 60 103 50 00 in I IS 00 rttah- Idaho Surer 8 tTtsh WMp Klia B L Ogden 8 34 J 00 9100 I Idaho Potatoes 5657c: 940 1 igh Clos Low 28 ST RUSH HOUR DEPOSITORY For Checking Echn) 1 £ H AVt MMa NEW BANKING CONVENIENCE A Asked 2 Amalr Sugar pfd a Mach Con Wag 3 54 Utah Fire Clav S4e U P L 84 pfd do XT nfd ZC M f Winnipeg' October Caah No 2 e11 21 3 25 03 11 40 14 00 7 no 32 "r Auatrnan - futurea closed eaafTMareta May $1'11H July $1104 $112: Exchange $3024- - July 5ll04!lO4Vl 30110241101 21 M 89 01 jo May Ii 161103 141102 11 4Vil 84 suns 1105 2! M 88 28 02 07 2 60 Chief Utah Con Utah Wvo Con Oil 3c 8Vd r ras 9® — Wheat 5IA 811131 111) 2 01 Union 31® No n(IS 81 31 51 A nominal: No yellow Livemool inmDnnT 85 105 T4 S3 91 9784 74 Vi M Th creased commission houe liquidation No 4 held comparatively Heady March No 3 broke from 228 to 2 34 1 1m II ii MM 00 a e na luul 3 points net Hour around 2Thep m about 1 losame No 4 at the time wa lower MINNEAPOLIS Feb 18 (API— Flour 1 to 1 hither with March at 104 cot —Carload lot par barrel in and September at 112 Futures No 3 closed unchanged tn 1 ton aaclce: Family patent nnchangad 1630 lower Ssles 20250 tons March 235b ft 6 50 atandari paients unchanged 1310 27b July 229b September 230b 4)600 Shipments 17794 May—2Bid Pur bran — J2000 02080 It 6 45 $ 75u 1 86'4IJb6'Hc rcoot 177 56 Vie: No 75 on nominal: No 2 mixed 7000 34 Close: May 00 56i4c nominal3175 sntemhar R8e 36 50 3550 I a ctn ui!iiiiw 38 75 37 00 Oats — Keceipis azejJdme nomi ui lower: No 2 white SALES 32 Vic nominal nal: No 3 112 nominal Mllo mle— $106 (Trading a L Stock Utah Power and Light (7 pfd 5 tt Kafir— 869ic 72 He nominal 83550 S t 11600 Rye — jl Asa nnfflinll Nn i hard and dark hard wheat 7c hrd Nnnd 1 drk to 13e over May No 2 nver: red S tnAmr t 14r 7q over: No 2 "d wheal 6c to Ma 1 white corn: IVie to I Asked Bid over no t yeuow corn 3 48 18 2 30 18 under Amalx Suear com to 1 over: No 2 miaed corn I I 18 00 16 00 First Security Corn to Vte over no 1120 In Fire 00 Home 1112 'Tti i A3 R8 3s contract 02 01 05 02 $ 50 03 35 10 a 35 68 NEW YORK Feb wars lrregmlar 135 014 024 Moscow Mt City Cod Mountain View BS PGLaVC 41 81 B Phil El P sua TZ 81 FI PSNIII ABPftL as 2025 A SO So Cal TA TTPftL 5a 2022 A Wash 0 Lt 5 r5 W Wat P 5a 60 W NewaUn 6 44 WPL 4s 68 A ture 004 07 u BUTTER First trade lb ! 92 51 Second erade lb (Parchment wormed leal) — aiiUB Lara whit nw laid extraa So Medium whit new laid extras do Lara new laid (tsndards do CHEESES run ereare inniata lb Full cream lonahorna lb 3 full cream b sandwich loaf lb Trlnleta western cured lb Lonihorn weatera cured lb Dalale Wisconsin cured lb Lonaborns Wlaconala cured lb NEW TORK Feb (AP)— Em— Pacific coast lumDo and tiremium 25 :i2c atandardt specials 24 9 25c 23 4 24c mediums 21 Snrar Market 01 10 00 no 01 10T 93 Total stork aales irrlday 147000 shares: total bond sales 702550 shres Tar ago11000000: yer go 82130000 Friday 05 10 declined Produce Market 106H nnv 105 105 H 21106 171107 15 69 11105 4ts 48 01 46 01 77 05 08 01 Vi 25 03 0014 In 11000) CGAR 5s 58 A FaPAL 5S JUIO Hv Fd Be 40 A F11PSL 5S BS C Ind P I 5s ST A Nev Csl S 5s 58 NKOAK 5s 50 Ok Nat 0 5s 48 4Ua 034 17 nj 16 Howell V un- opened cents and inwe at rau Kansas City in 46city car Raw Suaar 08 02 02 07 05 02 00 10 03 " 8 92 9 22 9 40 - i5 —— Colambus-Rexa- MINNEAPOLIS Rome 8As 52 JOI ni 3! 38 VI SaoPaulo 8t 7s 40 37 Vi 41 56 Tokio Cit 5ia 61 on Tokio El Lt 6s 52 I On 63 Vt 62 62 B' 62 ToKonam 60 h OVt F Total talea Friday S6303900: prevlou day S8764400: week ago (6340-12- 5 year ago 117484000 two years ago iciiivuii ianuBry x to aaietwo azrn 894850 year ago $562746000: year M os lOSVi' 044 i Rexall Chief Consolidated sold unchanged at 51 cents Ohio Copper at 14 and West Toledo at 1 Utah Power and Light IT preferred opened at $3550 up 78 oents and advanced to $38 4s 34 02 001 Tar Baby 31 Tlntlo Central 2914 Tlntlc Lead ' 29Vi Tlntlc Standard 30 29Vi 29 31Vi 29i 29Vi 014 52 16 25 06 02 f un 38 cars: trading bail Receipt le lower changed quotatlona 1 heav-Nn dark northern No 1 dark northern $109 $1119119 AtlWIT' M rt V XI IMOlll l lit) O ®l!l2: lower teat weight nominally dl- 1 cniinted 2e per -pouna rancy no r 1 n ft m 14 per ceni pruiciu Montana ivn Harir Hrri nr No l hard Montana winter in hard amber durum: No 1 2814 $1009102: No 2 89Ucf $1 OT'4 (114 No7 3 8614 ®$104Vi! No 1 red durum 67 744 151 oats: I 07 61 28 60i I to 4 Alum Lid 5a 4 S AGUE 5s 2028 A PAL 6s 2018 4T Am Rad TOI C Dlst El Cities Serv 5s 68 01 20 01t 0414 90i 77 61 Columbus changed at (Sale 118 02t 01 of Leading Futures Va Ry 86 19 105 Vt 1105 Vi I105ii 65 Vt 65(4 6514 West Un 5s 51 l do 5s 60 63 Vi 614 61 ' do 4is 50 604 594 60 41 91 Whl Btl 4 14 66 A 90 i I 90H I U 8 Jig JoVi-7- i Yonnn BAT 4a 61 FOREIGN BONDS (Sales In $1000) 51100 100 Antwerp 5a 58 4 106 Australia 5a 55 105' 81101 Vi do 4Vis 66 101 vji Nat Tunnel Utah Metl Cardiff Cedar Tall Central Standard Chief Con Clayton Silver Con Colorado coin- - nexau Combined Metal Comet Coal Commonwealth Lead Crescent Eagle Croff Crown Point Quotations oif 01V -- to T50 bid i 05 oovt 19 Bullion ig( 97i ii -- tTcnanff mack Metals Bristol Silver 0i 61 makers of office Blllott Fisher company Friday for th year equipment reported ended December 31 consolidated net income after all marge ot equal io S670 a share on the common stock This or S506 compared with $3838704 ' share la 1936 Natlanl Biscuit eo'moany and luhsidlaiie reported net Income for 1937 before pro vision for surtax on undistributed profits touted IllKUrilll eaual to 51U1 I NIW YORK Feb IS (API — Cotton share ot common stock compared with waa Th recent upward erratic Friday wa extended to net rain of 11 izouott or eiYS a snare in hod movement to 14 point in th early trading but nrlce aulcklv eaeed about SI a bale from snlldated net Income for 1937 at 3136' high when Preaident Rooaevelt Indiafter charge and federal taxes equal io the cated a policy of obtaining balanced price aoea noc mean innation May reacted from 018 to S 98 cents and In midafternooii was ruling at 905 cents oulet trading when prices were 1 Dolnt hare compared with S841382 or 88 cents r In mprner io lower sharei-I-nthe comparahl 1938" quarter netFutures closed a to is Mint lower Plants are located in the south middle man viose iow west ana east S 91 8 87 S 10 March 8 95 9 18 98 Consolidated net Income of American May a us 9 02 9 25 Chain and Cable company for 1937 was July 9 9 35 12 October x 914 $3042075 after charge and federal to December e 37 12 13 equal after preferred dividend 9 40 916 917 S284 a share on BS743A harea or com January 00c9 middling steady: Spot mon stock Directors declared a quarterly divioend or 25 cents on common stock ana regular quarterly dividend of $125 on preferred both payable March 15 to holders In three prevlou quarof record March 4 ter pavments ot 50 cent each were mad Feb IS (API— Following are BOSTON on common tha rales htch low and closing price of itocka traded Friday on th Boston I a u uruppea e on m single gima transfer Loans of Great Northern Santa Fe Alleghany corporation International Paper Union Pacific and National Dairy closed higher Italian loans showed losses extending to around 1 points Other foreign groups moved narrowly Nellie Meda New Park 61 09 Cash liw 99 New Premier 191 83 82 82 New Qulncy CHICAOO IS Cash wheat Feb (API— 16! 91 90 Vi norm luv —No 4 northern spring 94 Vic No Standard Corn — No 3 mixed 56 Vic No 3 whit 2104Vi'10JVi 104 Vi Kg6Kg4c Ohio Copper No 2 Park Bingham No 1 white 33Vi34c Oats— T1IO8HHO8V 1084 33l4®33Vic uity won 88 8714 Park King btc Kye — sample 97 t at — No ? fiovbeana— yll'"T wan i :i 4 ark neiaon nominal: malt BarieTW7T8B63c Park Premier 50 50 50 Vi inc 70 iB)90e eednominal Park Utah — Timothy S29O(30O 14 14 Vt 14 Plocha Bristol Red clover— 32 00 3700 Plumblo Mine Sweet clover — $1000 Q 1050 21105 1105 105 Plutui 111 S3V4I 83V4I 83Vt Prince Con O'lOOVallOPVt 1U01 Rico Argentine Range Close Roveton Coal Onen 21I100VII100 I100V4 High Silver King Coal Whet: 2108VllO8VillOSl King West 94Vi $ 92 211 56V4I 55741 56 May S 94 14 924 Silver Silver Shield 88Vi 884 10! 73 90V4 72 73 July 90- 88 3i Silver Standard 121 68Vi! 68 88 68 Sept 89'4 Slotix Mines corn: lljlOlVtllOlfc 1014 May So Iron Rlnsaom 59 59Vi" 604 81V4 So Stndard 60 '4 62Vt I111V4 Julv :S2 7111141111 62Vt Swansea Con 63 61H 8241 82Vt 824 Sept 62H Un Pac 1st 4s 47 Utah PA I 5s 44 511074 Vi 241 B 4 '4 s SO a oil fon R Rep steel 5 Vis 54 do 3Vis 56 Rev CAB 4Vts 58 Shell Un 3Vi So Cal Gas 4s Sou Pac 4 lis do 3is 40 do 4 Vis Or Std Oil N J 3s 29 1411044 1104 Vi 1104 Vi S8I 99Vi 90 99Vi O ——V 554 29 I!102ll02tll02s 97HI 97Vil 46 4 17V4 141 4Vi 39 41 Port 174 29 Vi S0 GAE1 4s 64 RR 4Vi db 70 jfeuies4-3'n-S7L- h SS 07 ao in ao 314 68 Boston Stock List 2l - 2241- 8HI -1 t 65 I 18kl- - 27 HI - 87 2JH1' 72 Vi 102S 1065 984 98 Ti 51 'is P 97 iuz 311064 1106 McKAR 5Vi 50 Mo Pac 5 7T F do sen 4 75 4 97Hi 98 221 101104 Vi I 3js 3 1 83 101 i i 92 Cotton 32 28 ivresxe Vi hijji ?1 Magma Cp Mamh Fid McGraw H clntyr P u 8 emeu do nfd U S Steel do pfd NEW 11 Vi lfi 21Vtl 21 22 Reports Earnings AP — YORK Feb 37 at 15 Vi Vt V4 Prodi 131 341 3H1 hre Total sale Friday 768970 previous day1 858790 week ago 387210 u ses mn f ihhhii: wn vraii n u— year 37 January 1 to date 33844882 two years ago 11a 9T47a7HB ago 807595 lMi 12V 21 20 Zonlt ?1H 7101 f a as 43 Loews I 161 93 A L St 4Me 61 410 Cen- - nun Yell 7 Young SAT Zenith Rad 39 Vi 02 i'svt i I 8314 31 WllsonftCO 21H 17H 28K 60 41 75 66 in 31 ww uy Nat Steel 4a 65 NYC rf 5 2013 do VS 2013 A do 46 No Am Co 5s 61 No Am Ed 5s 69 CI fso rac e 204T weei k se aa woolworth Worth PftMl 2rV4 2814 27 21H 27 H 2SV R3U 225 1" 23 17 25 nv 114V4 114 14:114 Vi 94 V 3H 84 14 89 Vi 894 12 a 12 414 s Btl Mont P Vanadium — w— Walgreen Walworth Ward BakB Warner Pic do nfd Wess 6 ft 8 Went Union u i J 37 rarHtr1f Tin 70 Cudahyr Pk 13 24 Un OU Cal Union rac Unit Air L United Aire Unit aibuti United Corp Unit Fruit Unit G Imp US Gypsum U 8 Ind Al S Leather 'It U do A IT 8 R ft U 8 Rubber da 1 old 28 23 23 10M 10 cu-A- 9 32 I ni 5 lilt faoercv int TAT Vi 84 54 13 17i 25 '4 I liiiRII 61 34 n 47 Can 32 Revival of inflation rumerg strength to leading mtn U- sus ia Friday's sessloa on ths Salt Lak stock: etchanga an4 im&ll (rains wm ireneral Leading thiM In point of demand were tha copper issues Mountain City Copper which sold on tha curb Thursday at toM opened at $680 but reacted to JS M Walker opened at S137V4 up TV cents advanced to J142V ana redacted ""to $140 Bingham Metals opened at 11 cents up 2H and advanced to 22 Eureka Standard ft covered to 80 cents up 6 Eureka Lilly to 41 up 4 Prince Consolidated to 59 up 2 Combined Metals to 16 up M cent and Eureka Bullion to 16Vi up cent Bids on Park City Consolidated strengthened t 28 cents Silver King Coalition firmed V 32 lll2Vi iai oviz lOVi oku Gen 3 461 wo o m s o 1 Goodrich 4i4s 56 Gdyr TAR 5s 57 Gt Nor 4s 46 G 111 rransamer Tr ft W Air "it 42i 30 32 50 51 C Mot Ao Inland nt 914 14 2 Vi Silt 11 vo 8 - Tide AX Tim Tim Roll B 2H4 9M 3Vi 8 32 Vi 32 Vi 50 Vt 9Vi r IV 92 Int Ut 19Vt VU141 vi 100tillUVi 994 994 994 10 Erie rf 6 75 do xn In 4s 96 144 91 11J (1014 104 Vi 391110 Vi 4449 j's 98 Vt 20 2?Vt 314 31 504 112 ll101i 101 ao aj o 2UUO CftNW cv CI U T 4V4s 77 C & Col 41 Colum O 5 Ai Coral Inv 3Vt 51 uon eiais 40 do 314 56 CONY 4Vt 81 ion un DROW 14?t Stock Market Quotations S L 69Vi 62 "4 101 "4 221104 Vi 104 Vt aui 144 1814 57 N FI 36 24 60 Vi 194 8Vt Texas Corp rex uuir Tex Gulf S Thorn Prod' Thompw Star A I5 131 68 at a 1 hv Ifti 4 Via Cndo Pac 4s perp Can Pac 1st 4 CM8P P 5a Can 31i 51V 271113 sut rln 9Vi 63 121 101 Stl4Vt"60 aa Beth I lVt 19 22 19V4 12V4 fliimrhffatr 8i Coleate-- g l if 15V4 AtuHflhalcar IS fltinahinii 1 111 Blld Lo 5s 40 g 0 Si 2000 D S MORTGAGE -2- Alan r ' ' I 214 294 stone ft w 120 58 4 coca-col- a niu 114— ' 98V std oil cai Std Oil Ind dm nil M J 22 38 4 Oh ?J'ft is 41 15 n A Std G A K do $4 pfd 15H se Men V 3"— ?iu" 24 61 orp cprry Std Brands 92 48 Certaln-t- d Int 4410c Int 81 Skelly Oil Bmilh A n SoconV Vac 8 Cat Edl Holith Pal 1 1HI Sk IT 11 Cater Tract ueian corn Celotex Cor cer fle Pa 5 3 5 110210 4111023 1022 11022 T8I10130 10128 101 30 51U03 31 103 311103 31 CORPORATION BONDS (Sales In $1000) ISaleal High Low Close 9 2 1- -8 5-- For tha rest of the list tha re sponse to President Roosevelt's press conference remarks on com International Petroleum Northern Co Cop Mlnea modtty prices and inflation was States Power "A" and uorp Niagara Hud- uora mixed El Bond Share do aid U S governments were pulled a son Power Elec Bhsre pfd 8 Gas cent and Fuel per Empire little lower despite the president's Equity Corp Corp indicated opposition to inflationary preferred an Inactive utility picked Flsk Rubber sales on small measures for attaining his goal of a up 9!poinU Ford at Ltd 147000 totaled Transactions shares Goldfleld Con better balanced commodity price Gulf Oil structure At tha aama time some against 148000 Thursday Herlt Mln Holllng Oold low yield corporate Issues hardened Hud B M at 8 fractionally Humble Oil Internal Pet The Associated Press average or Jones ft Lau St 30 rail bonds closed 5 of a point Le Tournsau Lion Oil lower at 651 The utility composite Lockheed Aire waa 2 lower tha Industrial 1 high Mt City Copper Nat Sug Ref er Transactions totaled $6303900 M Tun Nat face value compared with $6764400 Newmount Mln Nlag Hud Pow Thursday Ottll pfd Losses ran from fractions to Pennroed Premier Oold around l1 points in Western Union Sherwln Wml FRIDAY QUOTATIONS 5s at 61 Southern Pacific 4 'is Technicolor I Bid at 66: Nickel Plata 4 Hi at 47Vi Asked Tech Hush O United Gaa Pennsylvania General 4 Ha at 102V4 Alt Tunnel 02ti$ 03 tin Lt Pow A Mat M Co 01 American Foreign Power as at 60S Am Utah P ft L nfd Reaver OOVS Wlker Mln New York Lackawanna fc Western Rig Hill Oold Cop "bk" 12 Wright Harg 12V 21 Metals lost 1937 A Bingham 22 4s of from tha pre- 1041104 6 11048 11046 HOME OWNERS LOAN ja 0 Schenley D sear jtoeo Servel Inc 1 Shim 22 482n Feb IS MONTREAL tures elosed unchanged: - Budd Mtg Budd Whel Bur A Men Byers Co Inger Rnd Inland St Inaplr Coti Interlk f In Bue Ma Int Harv FEDERAL FARM 12Vi 1029 69110212 Alleghany 5a 44 do 5s 49 do 5a 50 st A t F P 5 2030 Am TAT 5 Vi 43 ao til Anac Cop 4Vi!50 Kit Arm Dsl 4 us -- Union do pid 81mmona (API— Copper — UQ lumre iuuvj pounds 331 0 401 me 381120 Sptsmtr Cloeed 50 higher Straits tin futures— ales 11200 pound May 1260 v n— Nominal - 3 Shell AP)— Lead NEW YORK Feb 18 — Closed 7 hither Seles 120000 December aYBSn September pounds ' Sale Zinc futures — Closed unchaneet 60000 V 384 SafeT y8tr mm 9V WW e 1017 export' 4200 0 Tin— Firm spot and near-bfuture 4212 4226 — Lead Steedy: New York spot 450® East St- Louis 435 451 — Louis spot and Zinc Steady East St future 4 75 Antimony— Spot 15 8T V Iron aluminum quicksilver plttlnum end wolframite— Unchanged 39 Repub 8tl do pf A Key TOD 7is 3a Rem Rand Reo Mot 17 Borr-War- East ft Mill Eastman K Eaton Mfg El Auto LII El P ft Ltl do SB pf NEW YORK Feb 18 (AP)— Bar silver do pf at 44 c —Unchanged Eris HR Eureka V C Unchanged at lILL5J6d— (enHlvaasVf-- jFalrbank Firestone Bar gold— Unchanged at 139i lOd (equiv- Flintkot alent $3518) Freeport 8 per cent Money— bill Discount rate— Short and B 16 per cent LONDON- -- Feb— 48)-APtCopperi Standard etmt 40 poundi lOi future 40 pound! 12l 6(1 electrolytic spot bid ked 45 poundi 5s 44 pounds 5s Tin — Spot 185 pounds 6s future 1SS pounds Bids: Lead— Spot 15 pounds 12s 6d future 45 pounds 151 10s future 14 Zinc—Spot It pound pounds 15s Feb IJ 14 12 Boeing Airp Bohn A 4B Borden Co reSettlement prices at Utah smelter 8meltln and Reported by the American 4680 Round ere: Lead company fining Copper 965c pound 01-4- 2te 2141 RCA VP Biaw-Kuo- x Metals and Money YORK iilOl10il01J010U0 9 2 'IB H 89 Vt lOVtt- - Penney i C Cent Penn R R Phelps D P R C I PhilllDS Pet Pitt Steel Po pr mi uar ft Gam Pr P 8v N J Pullman Pure- - Oil Purltv Bak UM Benduc Avi Best Co Beth Steel do 5oc Of e 21 Tc 381 NEW 24S 6 44s 2lS 3 Vis Pa-- 1U3V Ches Ches 67 Vi Mln H1C Partn Tran t oucy-an- 51 dol Beld-He- fractions A dron in last week's freight loadings had been forecast and the carrier group really did little more than trail the rest of the market ' 2ts 3s 5 3a Ol F Fqutp Kiev Otl Otis Steel Ow-IGlass — — Pac a A El Pack Mot Paraffine Para" Pict pf do 2 nf 4 13U 4s- do Did Barber Co Beech-Nu- 4110728 107 251107 28 lower 5 3s 48-43 Vis Ohio Oil 33 5 So After NEW YORK Feb 18 Independent firmness for a time second grade Donas iriaay capitulated to tha downward trend in shares and finished Irregularly showing' Close 121107 12 11107 121107 56-5- 12 1 BONDS 10H0728H07 231107 26 10811228 112 251112 2o 90:10414 10410 10411 1 101 8 1038 1038 11105281 105281 10526 251108201 108 20 106 20 20 1177 1172 1177 191 10214 10211 102 1 31 108 9 106 a 1106 U 10099 9330 VKdl 10119! 10114 10114 lis 10414 10412il04 12 2a 2I1S 2 do sa of m interna Am Locomo Am M Fi Am Metal Am P at L Am Rftgts Am Roll M Am Saf R Am Hmeit Am BU Fdr Am T T Am Tob B 61 Rails eeneratty 3 '4s 41 3Vt 45-4- 3 3Vts 48-4- 4 e as f 111 and J A Hogleaa Co member change) u i i K (tock rime 12874 125H1 1629 off lSO 211 XOOO M 30 lndust 34 Z8DJ oil 20 tSVttS 1955 1915 1923 eft 09 o Donas ViJi oil "i 81 ommrvlttln &403 off '20 20 30 lndust Ralls" Utila 193S high 13435 3233 2188 1918 low 11849 2709 1 825 19440 6448 3754 1937 high 1937 low 11384 2891 11MS4 38117 18911 144SI 1929 high 4122 1323 1653 1932 low 1 GOVERNMENT- S NEW TORRT Feb 18 fnllowlng NKW YORK Feb 18 tf-lift ot Fr irt ay's traastctlent cm the New utilities eked gains In Torn curb exchange: against a days curb STOCKS (Salsa In Hundnd)- downswing in industrial specialties Aluminum Company of America Low Cloas IBaleslHlgkl closed at 83V4 off 1H Aluminum Alum Co km Limited 88 off 2 Colt's Patent Fir Am Cyan B sup rower Arms 57 off S Pepperall am Bunker Hill 7114 off 1V4 Newmont 61 off 114 Crrler Corp rex snare Gains ranged front fractions to cm Cities Sfhvtc more than a point in American Gas do Did Pat F and Kleotrlo uuir Oil Humble Oil Colt Com A So war Oilsi (Dollar and Thirty-secondtSale In $1000) TREASURY ISaleal Hlfh Low York New n neriode volume waa relatively amalL Amdo- -Woolen nfd Transfers totaled 768B70 shareaJ Anaconda Anchor Hoc compared with 856790 Thursday" Arm Steels leading: the morning updo nr nf Dr Gd turn on the reaffirmation of sec- Asd A T 8 F ond quarter prices by U S Steel Ati Ketlnln Corn and later by other companies fell Atlas Aubu Auto on the final lap' when "Big Steel" AVia corp — announced it would seek authoriza- Bald— I)Lo ct tion to increase the common stock Bait Oh 1y 2500000 shares streamHneiuJa U (Furnished by Che 201- AUeg Averages -- Hundred) lii NEW YORK Feb IS (AP) — Followlnl are Friday's high low and Closing price ot bond on th New York itock enchants nd we total sate ot eaca oona: Bond Market N Y Curb Quotations Mine Issues Prices Tend Rmetiom-AidcdbynrTalk uiirPites- (AP— Of Inflation To Go Lower and out Fri market broad r bid and I Aaked 13 00 3 70 a 10 1412V 119 1859 4 45 405 8 88 1 29 16 84 8 00 405 1 2 92 3 '2' 02 10 8 36 11 88 32 11 87 12' 371 i-3- 3- S 164 78 " This modern convenience is a time-savfor you It enables yoti to make deposits of checks and cash during the busy hours "of the bankinft day without waiting in ' line in front of a teller's window er An acknowledgnientof-4hmailed to you deposit is e The Rush Hour Depository is located in our checking account department in our main floor lobby : " T' Ask for you may our special Rush Hour Deposit envelope and any further information desire ' BANK WALKER & 1 TRUST COMPANY — 4 1 71 86 Accounts MKMBER FEDERAL JSalt Lake City DEPOSIT - 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