Show WEDNESDAY THE SALT LAKE TRIBUNE MORNING JUNE 21 29 1938 Small Losses Sprinkle Stock List in Session of Conflicting Trends Recent— Mart Bonds-Displ- ay Leaders Yield Ground NEW - TORK Bond Prices Stock Prices Dow-Jone- NEW TOKK una 2 (AP)— FolltHring a Ubulation of Tuesday's (tock transactions on the New Tork stock exchange: ! 28 (Sales In hundreds) JR-- A 'sales! Hlg Lew I Last f Chit ruing vigor-O- f evidence v Statistical forces found a grain of comfort In thefact the second day's etback was accomplished on a further substantial 4rop In volume It Was felt In most quarters that the two-da- y reaction was mainly the rtsult of last week's Violent upturn and was hardly indicative of a definite change In trend Transfers totaled only J289'f20 hares compared with 1105840 Monday and more than JlOOiOOO when" the list was climbing sharply last Thjiflday The Associated press average of 60 issues was off 2of a point at 448 af Sta'rt 9805 1000 1514 4 if 37 fc 4122 1322 Ml 11 1BU11 14461 low S IS 1938 1937 19440 imen at 42 48 r "( 8 8t AStL N T Invest' NYNHAH No A Avlat No Am Co 38 North Pao 1 Bridgeport Brlggs Mfg Budd Mfa Budd Wheel Buliard Co Burr Ad it Byers A Ml "si rutdo meet pf Plym Oil Pr St Car Pr A Gam P Bv N J Pullman BO 44 1544 19 H 43 184 4244 6 744 27 unemicai pared tag 46 Rfl 5-- 8 11 Gypsum Allied Kubber pre 21 21 21 104 6 13H 29 4744 Lead— Spot and future 14 pounds Ts fid 12 Cine— Spot 13 pounds Ss future pounds lus NEW rORK June 28 (Af)— Crr— Steady ' electrolytic spot 800 export S30 Tin— Barely steady spot and near by i?24: forward 4230 New Tork 450 Lead— Bteady spot( y Louis snot and Bast fnrwarri 4 AO Pie Iran— Ns 2 fBb eastern Pennsyt Alabama vanla 2500 Buffalo 2400 1800 Alumlmun' antimony nuickslrver p at uncnangea tmint and wouramits-NEW TORK June '28 :(AP— Lead tiSales nrTlnKl Id 1 noints lower September 400e De 0(000 jpounds ales 13H 47' 14 - futures — Closed unchan 2 IB 85 37 1844 5! a 39 44 (Jen Ry Big I it ft u 11 HI OtNo Ry pf West Bgl — H— Hax-- Olas Hecker Pro Hero Powrt Hersh Choc Holland Fur Holly Sugar Home Min Hou-HeB dV — JNe Howe Bound Hud Motor Hunn Motor -- 1144 1744 12 17 44 k 10 10 le- 1 18 10 1 18 1 3 13 6 s 91 91 91 74 74 T4 534 l 61J4 81 51 384 34 '36 164 364 164 59 694 944 64 8s A k — I A a L 12! 101 MARKET ' ' 75 no 10 05 i J A L st 6 6 98 4s 45 103 103 103 441 thtouKh 154 for market around 15e lower: top $910 mixed butchers down to $875:1 05 "i 30 31 074 09 oa 014 014 00 00 01 08 08 12 15 014 '014 004 01 004 1)3 110 i3o 014 004 in loiu 04 014 880 825 S31 08 19 0044 ? Utah Power and Lieht oreferred gja declined to J3425 off 75 cent DO 118 60 004 13 02 194 01 024 20 a 1J5 uu 75 M :?3 :I8 004 25 38 ' 11 00 25 8? 32 004 004 004 05 004 004 014 23 00 5 00 004 014 1124 165 Western Loan Fund Transfer Aids Investors on At a special meeting of shareholders ot Western Loan and Build07 ing company Monday evening articles of the company were amended to permit reinstatement of the BIS first recovery certificates into "A" 01U 01 S certificates of the com nun v In r- iJH cordanca therewith directors Tues- uny Buuiorizea iransier ot au per iu 05 cent of the first recovery certifi130 014 cates Into "A" certificates 1)3 Commenting on tha action C J Sumner vice president and general manager stated "The effect of the transfer is to reinstate as an active oi rin nfd 08 Utah-Wy- o Coa OU heavy 02 S575®700 1744 1274 Wslker St Includes Mining 128 22 99 44 994 rattle — Recalnta Loew's 34l 46 I API— Knlrred ea 014 II 68V one west loieao 4 a 664 ana maraet nireci 04 i itttrnnen lor """-r'91 13V 014 134 car tTtah etssrs brouaht S700 one out at Wllbatt VcK A K 54s 50 iS 24H014H0044 1014 014 TankH coa 414 Uo Pao 6a 77 V 84 18' Aloer'ta' Vnd 526STb: 1? I 1? W00i CU drivejn 7trsA "cK 1 10 Zum xen 4s 6 6 75 wa do nei'ers cents Safi Stra red saW Pr' dwnlVs I Ch"f OOWn COWS i Cllttef KltldS 93 3441 66 MH 13 Mont 480 S400 BALES 934 TUESDAY tumhlort ninlHon -— Lead " J '" to S300 odd bulU S525 lew common io Bingham Metala BOO at 17c Schenley D 1014 rntcables said tnis years worm crop Nat Uy 344s51wwl 861014 101 Bonanza auuu ai jt Sears Roeb no an all 107 4 107V4 current Investment the amount of 693 as Hteei Nat 1I1UT4 Sheep— through' Brietol Silver 1000 at 120 much above be the world's would Bervei ine probably NYO rfi 6s 2013 at 14o K4 e Onn at4 Knf 3Tj 574 654 01 Cardiff Is expected to a'"- needs Sham A D production Italy's (720000 from that portion of the X r 100 do 4 4 2013 A — HoCS— Si1 f 28 bushels as aaatnst Juna OtiDEN anuroximata million 250 8hall Un Oil t investors' original capital deferred 69 do 34tl 48 2000 'at 4o loop coiumbus-irtsia- ii The I Receipts 440 butchers mostly 20c lower of 220 millions earlier — indications do Df 1024 Bs 104 61 -- J Ca 104 1 w No 1 104 rl OAM1 O Am u (1111 ft 9 lb nn 4 101 II K Coal Bl No Am Ed 5s89Cl Matals 1000 at 146: 800 Dy them at date of reorganization Combined million buahala eontraatlna with 26A mil- - choice S875O910: mixtures around 48001 Simmons B4Vt uona 63 47 65 xsecause ot an expected contlnua- No Pae 6s 2047 sows sieaay ai ias year Skelly OU lejisou eo "20 800 at 24c: 2200 at tlon of 4S 97 T14 724 714 Smith A O satisfactory earnings Mr at 600 few! 254c 25c: scarce u steers Canadian vealers lower tha American and throughout steady A N 41 61 97 27 9T 96 Sumner expressed the belief that Commonwe alth Lead zooo ai c Sou Cal Ed spring crop belt acted as a weight on- odd grassere i $700 down: few medium and ' oaa commoni K'" J1" Sou Pao affairs of the company would jus- prices almost irorn ine outsei ana so like- good neuers Huuiire3 5 110 vj looO at 450 110 Pao OAK 4a 64 i Sou Ry wise did auspicious weather for tha do--- kinas down to S500: lot extra A at Sc 80 OU Pa RR4UI dh 70 10 80 harvest extending rap- feed lot heifers late Monday 8725 few mestle tify periodical transfers in future winter Cor crop Sperry 87 87 8 864 00 gn jyis 01 Std Brandal Directors authorized the credit6 834 824 834 idly Increased operations in central areas good and choice cowl today 1500575: do 3441 7U O ft E 425i47n 7 108 67 I Elec Phil 1084 34s Ai?7 nuntmA tntal intte mrAm t1 9R tfll A fia few hlllle IH 00 ft' foes'-100do S4 nfl fiirthru a hflnrifpan mostat IDe: ing to "A" certificates of a 4 per T BO 4 60 4 Port Q E 44s 60 S7&UW vealers buehels choice but and 250000 Std Oil Cal 850: good being cent dividend as of June SO 1938 BOO at 20c Post TAC 5s 63 T2 134 1244 134 purchases 200 at 18 4c: BOO lv hard winter aradea via the Gulf of 800: few main ealvea S550a600 8td Oil Ind at 61c North Lily oone Mexico Std Oil N J : Sheep—Receipts bbuu at 14 Vie: This represents an amount of apnotning Idaho " BS t 100 R Rand 4US B6 97 32 98 Conner Ohio n futures wheat doubles 91 close ' earlv: late Monday pound At the Chicago 108 towhich 6 10844 108 $260000 proximately Rep Stel 841 64 were 14W14C a ousnei lower compareo nam hn fnin two cara 88 pound Oregons 5°Pat£ Clfy Con TOO it 20c Stone A W S 90 do 441 56' 884 with dividends previously wnn Mondays ninnn juiy 754 4 75 4c $790 two loads 88 ouud oregons S78V ' 61 Btudenaker gether Western 1800 t 31e 1141411444 4 60 Hllver King do 4a load Idaho 71 Com 4® 4c load 78 pound Sunshine Ml $715 September vhc September 96 i Tar Babv 7000 at le credited makes an aggregate of 86 Rev CAB 44s 561 6814 pound Idaho feeders $870 few lota ewes Hnwi Julv K7jK7Uc: Superheat Tlntic Standard 110 at 15001 100 at 660000 credited to investors since c nrt rye 113 no to Swift A Col at $500 fl2'4 it584c Oats unchanged 191102 a "As si 100 1024 Shell Jn $505: na provisions a ' P Bwlft Intl srmwing Hoes 18J Walker 600 at $t3V rHICAr0 the date of reorganization July 7 Hke lv Oil 4 1 71 2g J1D14 —T— I — Receipts 17000 Including 3500 direct: CURB BALES (AFTER I F at 1108 4 10841 1Q So Cal Gaa 4s 65 ' 1934Texas Corpl r 4 701 424 10i"d20c lower lop $900 good and choice Columbus Rexall 1000 at aue So Paclf 44 81 414 ' Texas a rr 51 34 170 to 230 pounds do 34as 4 10 624 Bl To meet the request of several In$885 900 240 to Cash Quotations Texas O Still 32 324 270 4 325 S860®885: 280 to 450-115 4944 474 474 do 4 4s Ore 77 Tex Pae LT vestors and because the record of June 28 (AP) — Cssh wheat poundspounds 1 m 94 1 good 350 to 1011102 $82561860 Std Oil N J 3s 61 1024 133 i NoCHICAGO 41 red 724o No 3 herd 82o Corn 1 pound packing Pr Thomps sows $700740: lighter fTnllfiteil lndUSlTialS 81 71 134 Studs 6a cv 451 the company has shown that the 694 Nn Na 4 Alr mivf ftftli' R7R I welirhta 1750 7 lin: SAO Tnaunda lin TnompsBt 24 Tlde-No" 3 B5ffl574o No "A" certificates are a desirable type As 13 a yellow 684®59c ©700 25 1094 BLf Un' Pae 1st 4s 47 ingt I j4 Bid White Oats 8&c: 58 "A® No 2 59c 1 Ttmk-Cattle--Recel- pts As 11 Vs 114 Ax calves 1500 7000! 25 Utah PAL SS 44 of Investment as measured by three No I feed 27 Vic No 2 mfxed 27c No medium Tlmk R B 4444 and weighty fed steers ' 424 weight Trsnsamer essential factors (First safety sec- 104 68 4H0144 10144 101H ll white 29 lie No 3 28 28 44 8 steady loatron! yearlings aitcT light steers Am1!?ut P"k 2 oo 5 Va Ry 344s ' — Tr A W Air nonmaL teed aavo-t644 strong to 25c higher:' heifers mostly 15 go oo K?HiNriv ond availability third ability to TrM3 Corp 25c up an ugnt came activa at strong to BO 4 18 Wm 184' 6s 46 33 West Vs a P 1st 184 1 1' I 23 wy—A ?S7 Mt 23 20th n 16500 er prices: best weighty steers arly b: earn) the directors provided that 14 Hi 624 83 un 01 61 35 00 4 West 01 —V uiures ine several lodr L dp 381 62 614 ttange Ooeit do 51 DO 614 35 25 - Low — I Underw-El- l deposits toward the maturing of v i snm atnBst 60 xiiimii— JHIgh variins'i 544 544 50 5 do iuvm 604 iii'a 604 44s 32 78 1tiH hptisr wdtlchtv knjihflr heifArsi urnunri I 77 Un Carbide theif nreaent A" certificate will wneat — SALES Btl 4466A 2 614 914 61 4 Whel 1 11 204 Un OU cal which !5lUlO-2204 754 July 6 78 along with liht kindi at now be accepted from Investors In TTn Palfi I 15 794 77 at 78 SI 000 uncovered a new hlffb on cron: eau-- l Sent 101 rrtat 764 101 0" 61 28 SAT 4a loung Un Air Linej 37 Dec 844 78 78 844 79 sane bulls up to S675: vealers S878 $3425 I at 13800 794 accordance wiut me privilege Un Aircraft 113 28 44 2744 284 Cor- nFOREaON BONDS I g 1 174 17 4 57 Un Biscuit 2500 granted them by the articles 864 874 July sheep — In $1000) '11 (Sale Un Carbon 8 61 584 Mr Sumner expressed optimism Bept 01 08)4 Un Corp Dec 33 3 3 58 51 57 ' I 57 25c 6 574 and jnringers weak to lower spots 574 884 IViUIU Abltlbl PAP 6s 63' -- ia for the future of the company addUn Drug Oats— 16 544 63 1 93 off: native spring lambs $825 ® 875: Q 8s 88 5H Antwerp Fruit Un 2644 6 63 284 264 264 westerns $850 $865: fed Callfornlas at 1811044 1044 1044 July Australia 6s 55 ing that the directors would take I Bid I Asked un 31 104 26 28 outside: medium and good clipped lambs zb 254 tsept 104 811004 1UU4 Imp do 4 4s 66 no precipitate action but would US Gvd of 27 V4 10116944 Dec 16944 274 274 274 211044 1044 Tuesday's trade active: old 6s 55 $5000860: Belgium 1 111 0 1 com Sov beans— US Leather $150a 1470 follow -- 4 ma'8J crop clipped' lamba strong: spring lambs 1414 BraiU 8s 41 4 a conservative course In orJUlV mszoo '88 do A 13U to up spots 2 strong 134 do 841 nignsrllnnarf lnmh iauy S KfilT lfl ' I Utah HomO FtrS InS 10200 10800 R11A Idiom 4a hniA 83 U 8 R A I der to conserve proper relationship 834 109Vi IP? Vi get v 83 t 12 Canada 4s 60 : 910 i Oil 875 Utah Refining U S Kubberl B 824 native spring lambs S835W885: theep 3244 VP 19 Chile 7s 42 between investors' capital antici 90 100 ahnut tnrtv ahnrn native alauahtar awaa I Utah Southern Oil do 1st pf 7444 73 I Ryt— 73 Cuba 64s145ijf- - 23 11911 ' 111 8 Smelt 53)4 834 524 97H July664 Denmark 4MsrB2 974 tinnaiqf pated earnings and availability of 664 BONDS 52 4 5444 824 1 — Cattle GerCABaatstSO Oct 30 Ml 1rx"oKi 534 -nENVRR Juna 28 f 304 2' -- 84 83 54 8JV V4 47 BIIO314 5 4 6260 funds to those investors requiring 9080 244 244 P?Ger Govt 541 651 700 calves 100: beef steers Holly Sugar 4a 51 44 44 9800 10000 - them ao norts--paid: 314 July 8 62 do 7s 314 70 lo strong: two loans w4) ireignt steadysome 8 52 8 62 8 82 'Si 10800104 60 70 G C E 44 45 Hotel held Utah others above 8816 541 $1050: Plsp7f 8 72 8 80 8 80 8 72 Sept 131 1741 IT 14 00 9 12 00 TIT w 73 tiat: otner classes sresoy neirers u ucaen ns J3 784 78H 8 (SO Oct 8 no 8 no 8 80 60 10225 10350 17 54 cows cutters Utah-Idah- o S875(!f825: Bugar Japan $550i875: 8 90 Dec 8 8 77 60 8 90 181 55V4 1741 85 '4 !4 000 5 00 shelly low cutters ftsn: Bellies— 101-N So Walss 5s 57 i 5 bulla $625 down': too vsalera S1000: 10 27 10 50 10 27 no ill' afttaiUna 4m 4714 July 1080 vvnr vntiv 47 V 0 load feeder steers $770 OrlentPev 54 58 I cotton Tuesday' centered In 40 40 Hogs — Receipts 600 alow: butchers 15c 4 PsivBs 61 A at asd 1151 July liquidation sows 25c under Monday: 160 to 260 lower: o 94 on 94 notices is ot ursi wr dis Minneapolis iru prompt stoppage I tics 1 Rio Jan 64s 53 ' 4 I MINNEAPOLIS June 28 f AP) — Wheat 22uIn"i J2iryLri??'' 354f354 but following ' ?uu una"day attracted covering 1 20 4 Rome 64s 52 74 tn 7 to 74 market °° of 3 advances 74' points cars early 71 compared with 91 1180110700 reacted under liquidation and owlnf to less Roma 6 Ws 62 Monday bank debits 714 71 receipts today Bheiptrucked-l- n NoUnChlhn5evt 247207900 actlvs demand 6 IfJ 92 name aay last year 3144 314 SSS SaoPaulo St 71 40 "aw 4 188035332 49 lambs steady: $700S825: asking Tuesday bank clearings and October eased from 178 to l65 Tokyo Clt 84S 61 northern nFSmixyntF dark northern Wring lot 224871639 toward 82 0I 9 pr)ng Sam day last year tron) t0 25c the beginning of the last hour was Tokyo El Ls 6s 53 htaJuy?-t2J7 xoKonama-o614 nSiik No 3 talking steady: choice held $850 within a point of tha low with th llat 2 to 6 i 1 lambs: -- i point! net lower n 601 89 Total sales Tuesday 88013150: prevl- - hard c Montana 14 per cent protein 90491 ww No 1 dark hard OJ1 No 1 hard yuiures closed a point aiauvr week ous day ago 870858— 92 "recSntT v 7m5zfo Low Last High winter Montana hard amber 824 ®884c: r aso $7 687 000- 'to 134 8 69 872 878 July No 1 durum 2 1 704® 87 J!£°? B966: January 394 aDota 10 to IS cents October 869 865 878 No No d 1 I ARO tw Zi —Z— years i 875 873 December 884 ouiia steaay to strong 7581 c higher cows durum 74 ago $1192128000 I S 83 sua leeaera 878 I 875 2?! 154 Corn No 3 velnw 6UifsR3Ae! trad vealers luuy steaay sipcaers January ioadA choice to prime three 878 888 Sa'down March ""changed: notations basis — unchanged ling oh arf mm urn wtvht Art mtmmrm 111 nil8 81 886 May Oats No 3 white 24 4 it 25c Total aalea Tuesday 1289720 shares: meSpot" s'teady"mlddllng- 882c bulk fed ateers $825 (S 1025 Plain to Direcirevioue day 2105840 week ago 147 NEW YORK June 88 Barley 33® 64c choice mixed dium 825 650 grassere 4 No 2 61 vear Rye 564c iiu: tea anjniH): two veara not yearlinga up to 81000: good 1100-poun- d Flax No 1 tors of Atchison Topeka & Santa 1784"S'1834 NEW TORK June 28 (AP)— The Nor January x to uaictwo Xll04aDO Oklahoma cows $850 bulk butcher cows Sweet clover seed $550 600 year ago years ago folk A Western Railway company Tues choice Fe railroad Tuesday took no action S525W6 25: cutters $375®4S5 vealers S8OO09&O day declared a quarterly dividend of $1 f load lott spring on the semiannual dividend on the I' Kansas City Sheep — Recelpta 6000 l0cT share on the adjustment preferred (tock KANSAS CITT June 28 (AP — Wheat: lambs fully steady to 25 cents higher to siwcanoiaer "iRecelnts 131 cars: 4e higher to 1c dinned lambs steady to strong: sheep firm: preferred stock due at this time and payaoie August Colorado spring lambs $875: Texan) likewise took ho" action on the inrecord July 30 A quarterly dividend of lower No 2 dark hard 73'4 6R54c: No choice snom Texas 'ZTV 478r0ou: $250 a share on common stock slso was 13 81854c No 2 hard 74 77 4c No 7ll terest' payment on the 4 per cent "" declared payable September 19 to stock- - 3 70® 764c No 2 red 894 ®7t 4c H SOUTH SAN FRANCIHCO June 28 ( AP adjustment bonds woe Sweet cream buttei (92 acori or' nomers o recora saaguai o irto a juit wr USDA J—Cattle — Receipts 200 steers Pwtttn — H $ 50 better) lb Indicated the was I It following d Hlr-ctslow one nt load ReceiDts 21 cars: lower Wilson Corn: Tn: 4W44e MMBtif hnant rh lisrely steady: first grade (81 score or betterV lb 28 No 3 snutn coast steers STan: fed heed 1113- meeting of directors that the quesSecond grade (90 score or under) Inc took no action on tha $8 cumulative No 2 whits nominal 57fti58V4c v lb Action was omitted f nominal 6SJ4 87'4c No 2 yellow 554c pound $700 load all welghte grass steers tion of a 2T nreferred dividend payment on the adjust1 $600 875: undertone easy:- few rsnge the enmnsnv said "in view of the current No 3 nomlnsl 830S54e No 2 mixed cows (Parchment wrapped Via less) $425 8 485 vary dull built largely ment bond Interest would be taken of the nominal 64 Sf 5544c No 3 nominal 53® - EGGS yeers results to date" and because er Close: 5444C July company's policy of making dividend payI Calves — Receipts none: nominal: good up at a later meeting prior to the 28 Large white new laid extras dos December-644menu out oi casn earnmga oniy 854c Medium white new laid extras dos riata1 Paainia: 1 car: unrhancerf frr UClto choice vealers Quoted S8BOitf875 25 w next regular Interest date in Oc-a new nominal No Sheen— Receipts 400: tullv steadv laid white 27tH274c: standards dos 25 im Largs around two decks 75 to north tober No 3 nomlnaf" 26(?27c CHEE8B ' coast awooled lambs 1680 strslght ewes Mllo malse nominal 96c $102 S T Bledsoe president estimated Full cream triplets lb 141 teadv around three decks 110 to 150- Kafir nominal 09c $102 Full cream longhorns lb I net operating income for June 15 the C pound eent 280 sorted Rve per nominal $240 jf hi' GIVE the tame are ' TORK 28 Juna lp NEW (AP)— Sugar Full cream b 151 sandwich loaf lb 1180 Barley nominal 33®81c On the basis of such at $2970000 Tha No 4 western cured lb 20 lures were Irregular Tuesday Longhorns ana heat 1 hard darkWd No New 28 June actiTH Daisies Wisconsin cured lb 24 an estimate it was figured the com nao nn and tervlce to Odd Lot trsni- -' contract hsld comparatively iteady 9 tn 1a ranta Aver JulV No 2 hard and n t 24 Wisconsin cured lb Longhorns llttla mora outside bitytng and covering but I dsrk hard even to 17 cents ovsr No iy tady: good fed 'ateers $s!75: wheat pany apparently earned the adjust tha No 3 stter advancing early on trade nd wheat 4 under 10 24 eenta over m nastnred ataara gR OO: araaa ataara 8 RO ictioni is we do to full boar KEW TORK Juns 28 f AP)— Eggs— Pa cent over n775: short fed heifers 8685: grass mentbond Interest for the first half ouying raaciea unaer uquiaauun ana owi 2 red 2 4 eenta under toto 4 cent over heifers $660 down: cows $475 08 0"' of the cine coast tumno ana premiume au No 2 white corn 14 24 aclliug year 34c: specials 20 WW 30c standards 2 cent unuer cutter September No 4 eold at 63 and March No 2 yellow corn even to bulls $500 ttrtl Odd Lot orders executed Wave: nedluOiA 264W2740 from 94 4 to 95 or 4 to 1 point net No 2 mixed corn 4 cent to 1 Vi cent 45 85 grades $125480: lower September No S reacted from 183 under ' oest usives— -- AS steaay isu: Receipts limy CHICAGO June 28 (API—The flutter to 182 and March from 191 to 180 laving on sll ImYortant eichanjea vealers $983: othsrs 6950 down ABSOLUTE market was unsettled Tuesday Fresh: 93 the Hat net unchanged at 2 p m holdovers 338: Sheep— Receipts nons ecore 26264c: 92 2544c: 91 254c: Futures No 3 closed unchanged to 1 point Liverpool no to Mondav Ists sales: good steady: 90 25c: 89 24o 68 23c Centralised car-- lower aalea 4KKO tana Julv 176a bid: LIVERPOOL June 28 fAPY— Spot wheat choice wooled spring lambs $7809800 a u score xovtc iois w4V40 September 181c bid January I860 bid: —No 1 dark hard wititer 8s 24d: Ka- shorn kinds $700 ® 780 68 230 isarcn ivuo dio rachi 6s lOd: Australian 7s Aid Greater Income on livings Gov Wheat futures closed oulet July 9641 IX)S ANGELM Juna 38 (AP)—Producs 87 4: Decsmber 86 October ernmental Insurance Save it the Exchange receipts: MlMStBI ' $495 exchange— Butter 266500 pounds cheese 115100 Boston Stock List Federal ' HEW tOKK tTbCt IXCHAHGl aggs 458 cries pounds for-elLower TORK NEW 28 Jun un(AP— Butter cheese eggs and poultry BOSTON Jim 26 AP)— PoHowing are VVlnnipcc cables July liquidation and' commischanged the sales high low and closing prices of Bait Lake Btock Exchange WINNIPEG June 28 (API—Wheat: sion house selling were reflected m an 'active Loan s ' stocks traded Tuesday on tb Boston stock Low (TCderal and assler wool tun futures markst TuesBAN FRANCISCO June 28 High pinse and other exchange 8 81 0414 81 03 Tnlv 103 40'closed off day Roubslx exchsnse —Butler: Score 82 264c " (1 25c 90 exchange: ' nanttmea was Wawlch 7T "la Antwern 844 SV4October Main 834 So 25c: 89 24c I iftalesrHlghl Low Close December 8144 82 Futures closed here 10 to 14 lower: Julv 814 Faas— Lares extras 24 4a: medium ex no uecemncr October No 1 northern Slos no tras 224c small extras 164c large North Butte 76S bid: sioa 4501 BO80 2376 Wsinlngton Blvd Hotel Utah Bid March 775 hid 3 $101 OA 1 vc 185 6351 sismiarns Utah Metal Spot standard tops 795 off 18 Oats— No I white 454c No 3 43 4 e Cheesa unchanged H- KMeae id Chicago Grain CHICAnO Jim 28 ai t L""? " Trtv ht sows ii JITS " 'B3ii: ouu'ou its i' l""ir'Ai p— 3:m8J5' ll jn nt Vk'll' pvi "AutwSPfrao m: i Utah Oil Refining Utah Power & Laght Pfd goo Amalgamated Sugar Pfd 600 Utah-Idah- o Sugar com 20 Utah State National Bank 20 Walker Bank and Trust 13 lion's Savings Bank ' f EsUbtliheil 1S9I iirh 8ur it Colton w dV$84e4: "Sc iVAtoJJMmV ft12smM cr fitnosin SV'SSSS ' Oml ianmi Ta Santa Fe Roai Passes Dividend 87 (— Dividends 2si8J2 — X Jiji z c sioBeiojs arr lil J14 t it 50 100 50 bus utah-Idan- o 48 04 07 44 I 61 !244 43 - dropped to 50 Bristol Silver yielded 12 cents off i Urand Deposit t0 8' °" and Commonwealth Lead iu a ou st naif cnu Aiamrnoui whose quarterly dividend was weakened to U0 bid passed Comet Coalition opened at 24 cents off 1' but recovered and advanced to 254 on a volume of 3200 shares Tintio Standard opened unchanged at $5 advanced to (505 iBwiiuu w fu muuiiutua Ksiiy Copper advanced to $560 up 10 cents North Lily to 61 cents up l cureKa uuy to 43 up 2 ana jnoun- tain View to VA up a quarter cent unio copper opened at 14' eenta up 1 but reacted to 14 Walker sold unchanged at fl30 Park City Consolidated at 20 cents and Bingham Metals at IT om to 014 Indus-llivrstfi- 3i tJZl iif4 Edward L Burton & Company V 03 11 1-- Produce Markets ne?ec if Odd Lots Sucar Market 49lc S i iR 0044 L Bank Clearings 94 944 24 AT 08 02 KS4": 6s -- 64 'VT7 OFl 034 -- It 204 264 lot Investment Companies " 35 02 it Combined Metals Comet Coalition TO f 354 184 Ill uentrai Indust Rav 7? ?! Inland Bteri 18 W 12 Insplr Cop--Irli 154 1344 12 lOVi 1044 19 104 Interlake eiiuc July 4l3uc September 150 Int Btis Mh ' 6 150 148 62 8JSJ4 634 Int Harvest A! In Hv-E- l 88 48T4 47441 484 tn Nick Cn i 1 J2W 224 224 Int Sail 21 814 NEW TORK June 28 AP — Investment Int Shoe v ) 314 Bankers' Conference Inc furnish tha' tol- lowlns ouotations: ii 844 f TVi' johnininSTTTOMii I Asked — R— l 37 1361 364 A64 Kennecott Af filiated Fund Ino 181 184 Amer Bus Shri 27 7 27 4 28 14 BO 13 BO Bullock Fund 14 H 1444 ran In Fund k 1 Corporate Trust 1 11 12 1 3 C Lambert 1 ' a 00 aa t 2 19 4 18 44 19 4 Port C 2 89 II Leh do AA mod 151 44 Leh ValRR 44 44 I 21 i 3t Shrs TlvMend Tl 27 Core 15 98 1723 ' Lerner Btri 811 3744 3544 27 Fund Investors Ine 3744 A 471 838 Tr Shrs Fund mot loovi I'inn4 Llg A My B 4 24 ao d 31 19 9 1844 B tS Liquid Cart 9 24 Maryland Fund Loew's Ine J S3 484 474 484 3 18 308 Nstlou wide Be C ' ' 18 484 474 LoneStei 494 1 37 do vto 125 31 174 Bii 174 174 Loose-5 PO 1084 Quarterly Ine Shrs 81 174 174 1T4 Lorillard P 54 50 Stand Utll Inc 41 38 4 39 N 40 a Louis 8 85 of Am Tr D Super r -f- c" & 8 El Lt a Pow A 13 124 13 24 41 234 2244 X Mack Truci 81 1T1 B do 36 81) 37 95 ' Macy R H 86 do Jyte f 6n i 24 June 28 (AP)— 6ilvw fu MONTREAL tures closed uncnanited sins: juns axsuc -!' WE i Columbus-Rexa- rn" ieaaing r 27 27 Montreal-Silv-e I?" 24 70 Oliver Cnn Colorado Brtr 294 28 'A 37-- poundM2e 6d electrolytic epot bid 41 pounds 15s asked 42 pounds Ss 187 inn— Spot 186 pounds (uture 'v pounds cember1 Zin 22 1684 Settlement nrlees at Utah smelters ported by the American Smelting and Re- iiningtcompany are: iean aoivo pound copper cauiooes seoc pouno NEW TORK June 2 Bar Stiver — unchanged at zic (AP)— LONDON June 28 (AP)— Bar goiowoH Id at 1401 9d (equivalent $3486) at 19 Baf sliver— Unchanged leourvaient 4Z50c) ' Money— per cent Discount rates — Hhort bllli sent ®H bill) tONDON June 2S (AP)— Copper— i 4 24 TO uiavton MYnS?lriO3S40 7-- 8 113411134 45c bid iiimn 6 I '4 244V4 Metals and Money ' II II 25 8 t ui! r '" 8 901 181 781 Tl lit Rem Rand Reo Mot Ren Steel do cv pf Rev CBr Rey Tob 8 79 u H and American Smelt 187 74 a 751 Bullion Cardiff Vcutr ueturai Bianaara i — R— 67 pwens-Iillino- is 21 61 61 21 004 12 164 024 004 12 004 13 014 014 48 Rinahem Metala piaclc Hetsis Bonaiiia adinins Bristol Silver ' Pure Oil Purltv Bakf Well ahead were Johns Manville 85 161 4 44 154 154 25 4 24 4 24 44 604 694 64r 94 434a 44)4 43 4 63 4 554 554 49 49 49 4 6 44 44 84 84844 55 4 84 4 60 604 Asked I 91 Bla Hill 16 11-1- 8 55 53-4- 9 f KM Phelps D P R C A I Phillips Pet 90 6044 15 a rack Mot Parafftne do 1 pf do 2 pf P U C Mln Parm Tran Patlno Mns Penney J C Pa-Cera Penn RR 8-- D6w Chemical 120 U 0 Pae Bucyrus-- 1-- 77 41 Alta Tunnel Am Met Mln Co neaver uoia VOP Commonwealth Lead iilloi i? those maturing between 1950 ' and Crescent Aaala — kqlPW":: a Croff 111 64 64 1085 llOS 5 11085 1960 ' "i V 21 184 2 184 i a 1012310122 lot Crown Point' 4 m 4 4 2 tmnce wiirord M Ltd nvwiiunm 44 2511036 1103 6 1036 iucna uraaun 24s 404 J9 414 404 13311066 1064 106 51 adjustment 4s stamped advanced § £' nr Js OJ11 East - Crown Point " 844 1844 66 103 22 10320 103 84 uasi utannara direc31 action of tenorln completely 'il Honing oid'i! x 144 144 SO6I101 24 101 21 East Tlntlo Coal 114 131 67 4 664 K i3iioa I9lioa'i8iio2:u tora in deferring consideration a aa a "SSulTt 111 254 ?5X4lEmulra Mines 254 jet"" 71 tnis- ume or mieresi on ine issue jone st 38 4 354 36 lEureka Bullion federal Farm mortoaoii: f4 Eureka Lilly Con aue m uciooer out nair or wntcn 241- - 4 34s 4 1J Eureka Mines 111 544 54k 3s city copper 54 Eureka Standard 29i(3iiio53iiio5!3i has been paid in past years in MaylMt 41 664 Newmnnt Min 65 Gold Chain 191 84 844 Nlag Hud Pow HOME OWNERS LOAN Other Issues Higher Deposit Nlnlselng Moa lUl4 14 ?1J ITGrand Great BIIWeatsra 244 241102291 82 norn nuvai to l9 fractions eUewhere by Higher ?f 1! euo 24a noweu 1 105 29U06 29 a point or mora were Auegnany os eiectea inoua 3a 36106 14 14 5f:j Indian Quean 21 60V 894 1949 Gas 50 of Electric and Columbia 38V 201 38 P neitnenec caisd pfd CORPORATION BONDS KentucKy-uta191 234 £24 5a American Telephone 314s Para- - Technicolor Keystone (Sales In 61000) 1 24 24 Lakeside Monarch & McKesson mount Pictures 44 oas 4 united 34 ISaleal High Low Cloae LtM Tintls 10 3 21441 Rofibins BHavPenn Dixie Cement ""LtPow A ieonora 2641- - 44 31 6s Rock 44 6s 6s 69 69 and Studebaker Island utah Radio Prod tki69 Alleghany Lead Magnolia 4 8 - yt ao as Haw 60 wruht 74 74 j New Northern Orleans Great aiammotn i$ W$Vis 15 144I- -- 44 A do Be 50 at2030! Miller Hill 8Va to A I5s F P fi iumned 81 55 4 55 664 on limited D0ME8TI0 BONDS 654 1441- - 4 Miners Oold Am TAT 64l 43 1511124 11244 Monarch (Bales In 11000) Missouri saies 31 67 57 do 34s 61 23 ' Anao Cop 44a 05 11 1U4 4411044 1M4 4 1084 12? !4 Mt Cltv Copnir New York Central 5s of 2013 Un gab bs 202 B4 6 9444 944 Arm Del 4s 55 Mountain view SS 68 srv 5 66 A T A B F 4a 95 33HU2 102 1024 Proved vulnerable to offerings and rjui 9441 Hi rir vff 79 — -- a— — 794 ended 3 lower at 53 Others losing £?liPrJB55Al Meda 7144 71 4 Nellie B A O bs 2000 D 27 22 New 204 Parte on the day included western Union S Bmnaa 6s 40 87 67 71103 Bettl Btl 44S 60 1034 New Premier 89- 60 do 34 s 66 18 B7H 97H s wortnern '1 51 Houtnern new uuincy h 0!°?T Kauway 1041 40444 Brk U T 441 88 14 60 584 Mvi Pacifio 4s Baltimora & Ohio os SS m'nal b? 43 nonn Luy 1103 -r103 Standard North 79 4 79 6s 2D30 B Can N Ky 44s57 2 11444 111444 114 44' Atlantlo Coait Litis' 4- Vis Nickel— NMVPAL Ohio Copper ' T AM ftH 80 f'fll 604 1 7844 7844 7ul Can Pao 4s perp Bineham Park Km Cm ' ? Tie IDl ilea va TPIm uoa - nu V'LXriJ 6344 53 am in n sauu ttoTFi 30 64 ceil ao 1st 4s 4U uiis 834 BLaT riaio ram uny von J lU U fl 10144 101 ilia Kt CMSP ft P 5s 75 98 Park Xlni 274 94 2 88 i KAPAio-nfen 1: fmtu na i 45 do ai as 2uuu vbjpiv KAKiaTJinE Park Konold 4 " 72 CANW cv 4441 49 544 PhllaElP54 24 Park Nelson 5 72 21 72 p B PfV 77 C 72 T? Park Premier 44s t? Italian Jaoanesa and CUT government 6S4 701 50 2 60 Colo F A I Bi 50 umn 90 - I L I 104 4 90 44 904 issues were on the offered side but sh w p 44s 68 b Bristol 10441 Ploche 12V 11 91 Coium O 5s 1961 944 - piumbio Mines Com cred 34s 51 8 994 994 994 Mlanlovil fall tuuriatano whlla thoi SEPAL fl 3025 A 4 1034 Con Edls 34s 46 IPlutus 81 Sl - I Prince vi 5 103 ao 3 "AS ss — Con 1024I1024 ioreign aouar Donas neia to a nar Tit evi '' A PAL 754 iflu i Con Oil 34s 51 10144 102 22 102 Araenima row range wiui sains suaj losses wih w6sp2022 5s 60J 1044 i2n°vstou D 4 41- uoaiuion 47 west n u m BW JTVb Sliver Kins coat DARQW bs 55 asd 64 ra riy wen tuviaea 64 1 2B4I Sales value 18013150 totaled aalea 162000 aiiue t)hild par Total atnek Tuesday 45 13441 134 134 Erie ttm 5s 73 Total Uuver Standard 39 39' ao gn uen u 13 2241 224 224 Compared With 37105250 the day shares year aao 192840 shares 13 ysar axo sioux Mines bond sales Tussday Sl300000 —-- U 1344 i KfHn Iron Hlossnni 424 7 10444 1044 10444 wwwiv 6 aiaasuuo Oen M Ac 3s 424 2044 south standard 4 XU4 104 104 204 The Associated Press average of do 34s 61 744 Bwanerii von 4 10544 1054 11054 on -84 Good' TAR Bs 57 I m unit u laiio aiiu w utiiiLiva ww cotu 50 4 BabV 5044 NITar B5 68 854 Ot Nor 4s 48 G 4 4 3 of a noint lower while tha Tlntlo central 30 304 IlilfstatlOslS 3144 a 611 Tiutio lao 107 -- 11 8 107 1 11 304 Inland Sti 1 T nt e Htandara 1144 triaus gtuiieu as iiiuuii dimj ujqtiur' HO BO 1 1I Paner 6s 47 14 : it Int NORTH SALT LAKE June 28 (UBDA) Union Chief as 44 V64leign group was unchanged 104 104 104 In TAT cv 44s 391 802 inciuaes on uiu un Hoks — Receipts 741 com 1 25 52-4- I ' union Carbide 19! Bid o 7-- g isiieo una re 44-4- 2 5-- 87 uuiuuiu jsvua 49-3- 9 3-- at 185 SioVriliot 118181 62-4- 4 v Steels tilted forward for a while es other corporations in this field followed the lead of U S Steel and slashed prices Steel shares though were narrow at the close U S Steel was up 8 at 53 8 and Bethlehem off 8 at 66 Losers Included Sears Roebuck at 644 Douglas Aircraft 4T 8 American Telephonaua 9 Kenns cott 36tt Great Northern 17 8 Du Pont 113tt Westinghousa 92 Eastman Kodak 166 and Philip Mor ris 1 118 181II8 18 oi-- a uj iibiwv 49-4- 4 1-- 101 a 64-4- ' 1-- "lose I - Trading continued on a reduced scale In Tuesday's session on the JiH Salt Lake Stock exchange volume 01 dealing being limited to Comet Coa--1- 7 liUon and New Park A few of the '0044 headers surendered portions of last week's gains but tha losses were iOl 134 offset by small gains in other por 05 0144 tions of the list 80 37 Columbus Rexall was subjected to 02 4 0344 sailing pressure opening unchanged 14 at 4 cents and declining to 3 "4 New 26 061 Park opened unchanged at 30 cents 02 dropped to 19 and rallied to 20 with 01 04 2200 shares trading Chief Consoli US dated opened at 51 cents off 1 and 02 Tuesday quotations STOCKS (gales m Hundreds) (Sales! HlKhl Low I Close der pressure Tuesday but the gen- - Alum Co Am 121 S44t 834 Cvan B APflllv mtmtkAv trttnA tit tha mar1rtlAm 45 23 4 22 —— aa3 im S pw j j Bunk Hill A S was little affected carrier uorp On a sharply Increased turnover cin Flex shaft 2110821 10 311108 111 ntd 2i0T 25iioT25iior 251U S gt)vernment8 "finished 132nd Colldo Pat F of a Dolnt un excent in coium cab ntd 2 17100 ?inn3 2iiio 21 to Comw A So war 19 109 211109 20 10920 co Mines 11114 13114 inula 13 la few cases where sales were neKll-lco- n El Bond A Share 47106 18110610108 13 iui - t iirwmur n oouua 151105 301105 301105 "JO 8""dorfd I Hold Firm In Liclit Trade al Am Toti 00 B 30 at pose " Market Quotations 69-5- 6 were off V at 6W Wilson & Co voted dividend de ferment 6n its 88 cumulative pre ferred and on four sales the stock dropped s 8 points to 40 Steels Narrow June 28 (AP)— Following on the RlmIssues 83-5- 'at There were other dividend casualties that helped to restrain the buying urge The Reading company cut Its common payment from 60 cents to 25 cents but the stock was off only at 15 Baltimore & Ohlo heavily interested in Reading will lose about 8150000 by the quarB 4 O shares terly reduction - TORJC a list of Tuesday'! transactions New Tork curb exchange SrtrStock 60-5- 5 in the listed bond division but the senior stock yielded 3 at 45tt and the common was down a NEW Is 54-5- 1 8-- 8 8 regl o- -t Us 48 Blaw-Kno- x 1 2 Quotations Generally Steady Trend r 54-4- 4 34a 2 I 87 l6i j4ssa s do Dl Stock slipped at the start but Atlas Pow came back shortly thereafter Prices de Df A Auburn Auk shifted from plus to minus signs Aviation — B— I and vies versa during the remainder of the proceedings "' aid oLoo et do ot : While not entirely unexpected the Barber action of Santa Fe directors in aeain BamsdallAsp deferring consideration" of Interest Beldlna-- Avlal on the road's 4 per cent adjustment Beudix Best a Go Steel bonds and omitting the semiannual Beth do 5 Pi dividend on the preferred due at Air this time helped to chill sentiment Boeing Borden Co The adjustment issue moved up 1 8 points at TREASURY 8ales High I Low xajj ' V'V members escnaugej Low Close Uleh 30 Indus 132 12944 130 38 off 10 on d raits icaao 20 utus 21 OS 2038 2060 Off ej 04 4 a 43-4- 0 eu Donoa on 33 oil zv June 43-4- 1 Coaimodities 4904 oft S3 34s 20 20 30 ssarca 34ka 47-4HH 1838 Bleh ' 1 as 134 Si 33 34na 47-4- urlr NEW YORK June 28 WP — Some classea of railroad bonds came un BONDS 8 GOVERNMENT (Dollars and Thirty-second(galea In flOOO) jmsw - Snps U A Hocle a Co brJ lorn aioca (furnished their own vtueiday and left many recently strong leaden out on a loalnsr limb while thero were gainer of points or so small decline predominated at the finlshand there Was a handful of wider losses In yeiopej NEW TORK June 28 (AP)— Following are Tuesday's Blh low and closing prices of bonds an tha New Tork stock axchanaa nd tha total sale of each bond: Averages STOCKS ' June s X-YtC- s: m eui J A Futures ifi VBoildissociaUon ti tsi: ti3 HOGLE tkCO |