Show THE SALT LAKE TRIBUNE AUGUST TUESDAY MORNING 2 ' - r 1938 s Stocky Ease to Lower Levels During Sleepiest Session in Weeks iih") piiwftiiiii — rifJgggfc-E- ‘Good’ News Fails to T± Stir Buyers mi Stock Prices tBond Prii Dow-Jone- “NEW VORE’Auri'lXP wfSlToWingla a tabulation of Monday’s stock transactions on ths New York stock exchange: STOCKS l' ISaltafHIch t®w ” TTFW"TDRK"'Aug"T'TAP1— s Follnwtrrr are Monday's hlfh 16W And ctMing prices on the ew York stork exchange of bond and the total sales of ech bond: D 8 GOVERNMENT B0ND8 (Dollars and thirty-seebnd(Sales in $10001 Averages Lartl (Vurnlrtird by J A Hogl ft Co member Nw York stock exchange) Low High Cloe 30 Indu 414096 139 83 140 37 off 88 315 43-4- 9 28 40 28 07 28 IS off 30 Ju"' 20-5OH 13 3H 4 16 5444 34S 5048 4s 20 4948 mi2V’ HU 2M 2 51-4- 8 15 14 34 Bessed vai in the offing There was a attempt at a rally in the afternoon when he American Iron & Steel institute estimated this week’s steel mill operating rate up 28 points at 398 per cent of capacity a peak since last November and the fourth consecutive weekly upturn Steels and qotors leading the forenoon backdown virtually erased their losses durihgt brief intervals These again slippca'in the final hour although holding cftming declines to fractions d is 2 9 - I— I— Carrier Liens IV Y Curb Quotations lump in Dull Trading S L Stock Market Quotations NEW YORK Aug 1 ( AP — Following hat of Monday's transactions on the New York curb exchange NEW YORK 1 Aug STOCKS LV)— Rails MONDAY (Sales in Hundred TAT 5M 61 4J ing t$ the Associated Press averages while Industrials and the low yield groups advanced slightly to register new highsjdr the year The foreign dollar list was steady U S government obligations were quiet and irregular One maturity of a point another lost and many were ungained changed Volume was $3820123 lowest since Tufie 33 and compared with 50 4 71' B B A 0 5s 2000 PI Beth Fteel 4 ‘7s 60 do 3 A 66 06! Bkln MT 4'i Can Pac 4 60 Cen Pac 1st 4a 49 CMHtP A P 5s 751 dn adj 5s 20001 CSrNW rv OJev UT 4 77C Col G 5 1961 Com Cred 4i 51 Con Edia 3 a 40 do 3 Vt s 56 Con Oil 3 Mi a 51 Consum P 3 14 s 65 DARGW 58 55 Erie rfg 5s 75 do git lien 4s 96 fHs ’ of '96 series "F” 24 4 24 24 Gainers of a point or more in 7 105105 1103 4 98bii 9KU! 9814 eluded: 1st 4s at 65 Nor 29i 69i: 69Wl 69 W folk & Western 4s at 118 and Nor 92V 21 fT 92A them Pacific 5s of 2047 series “C 7 ( I T Hi T4 si in inSI — 3 i 10 74 IQ 3 at 66 8 3 Western Union 5s of '60 dipped ftH --6i— 8 to 75’T UtilitiesTnwer E 4 72 W 72 V4 1 72V ' II 95 95 95 Light 5s were Up1 at 52H Ana 1 lOlHllOlfl conda “41-- s at 10d Shell 9 104 As up 1 102 at 103 8 Union 34s were off 16 1$3 and Walworth 4s were up 8 at 2 10S 78 8' In the foreign dollar list Pern 6s 6r T were 70 8 at'10 were down 8 at G Ac 3s 46 do 3 s 51 Goodrich 4r4 56 0 T 4 R 5 Gt Nor‘48 46 G and 8 51 Japan 54s G M U Livestock Quotations Inland Stl 34 61 lnt Papef Ss 47 — ITAT cv 4tts 39 I t JAL at 4 ViB K 61 3s 46 M 5 Via 50 Pac 5s 77 F do gen 48 75 Mont P 348 66 McKAR Mo Fa fa Strs St Jo Lead 2 18 90 17 6 51 21 8 27 98 lom H xo-’- 98m- 10 L 41 24 Hi- 2'A1 2Hi 2' 44 HI 44 44 H 34 M 5 24 4 47-3- 4 56 1664 8 31 25 71 25 14l 3011 291 V 20 20 1 1! 49' 1571 4 31 SI SI 4 LAW Dome M nw 3ft H 16641 7 1HI 32 H 261 3:1 HI 301 SOH Douglas a duPontdeN do deb — E— East R M Eastman K Eaton Mf El Auto L El P As L do pfd Erie R R Eureka V C m 126 H 1 113ft 2 6 40 H 6V 33 H 49 26 6H H 1 131 137 14 24 14 g 31 464 21 9 111 33 ' H Thomns-S- Frhuks M Fed Sr W Firstn TAR Flintkote J 2' '! 21’ 34 64 34 213 4 217- 21 H 21 1034! 10 10 35 2 2 7j 4 II V T6 3 21 64 5 ft 241 ll’il 41HI 40Ail 34 31 34 6731 67 2 Kent) Cop Kresge 8 6 Grog Groc Lambert Co Leh P C I Val R R Leh Corp Lsrn Str 641 ft 11 t 40 3 34 3673- - H 426 121 '20 HI- - L A Mv B Liq Car Loew’s Inf I Lone 8 Ceml 2 6 8 2 ft ' - MRHCo Mag Cop Mar FleM MeCr 8trs Mein Poro McK A R — Co Menpel Mestft M S 2' 41 4) St 21 3 16 j 20th i H' 24yH- '- 24 246( 821 301 3 71 1461 61 1061 ft 34 6 64 64 J 1 6 14 1061 10 4 461 461- - 4 I1 111 X7- 3 20V 67! 96 7 ’ H R1 ’I- - 16 - 6 8311 81 2' 2161 21 ' 31 84 71 fni 9 4 11' O’ 43 H V4l V4 96 98 14 103V4 103V4'103l 1 OR 2 108 1108 6544 654 5 66 61 44 0141 61 A 51 78V4 78 78 6 1051 '105 Il05 8 104 V 103H 104 V4 14 4 21 HI- 061- - iniu 6il- - 5' jnsl fi 11T 44UI 4't 21 1 2 1H R1 I1 Bred Zenith' Rad ' Zonite Prod! H —64 fvl 80' 50fc 70 ife 791- -1 64 rRTTST'64" 5R 109109 2 4311- - 19 aj V4 j - 19 1714I 171-9- 4 RT4I 14 171' 911 614! ini ns 6JV4I t 2' 26 14 2 63 1— 36 41 7is 68 60 Oct do 78 49 EP Jap 7s Ttalv 7s 5J 54 Jypun fii-jdn 5148 65 KreugAT 5 59 MlnasGer N sV Wales 5s Norway 4? 63 Rio Jan 6Vs Rome 52 FanPaulf fit 7s Tnkvo Cit 5Vs Tokv El Lt 6s Ynknhama 6s 14 U 6s 6's 7 51 62f 44 ' ett 59 57 53' 10141 IR14I 194 70 70 V 70 'ioo 9 100 1107 1 30 3' 3' 4 nno '107 V4 1X07 30 30 64 141 14 3177! 31 64 77 31 64 Empire Eureka Eureka Eureka Eureka ' tt: DOMESTIC Alum Ltd 5s 48 j Am GAE 5a 2028! Am PAL fi 2016 Chi Pi E4Vb70 Con GAE 5s 58 A El PAL 5s 2030 III PAL 5s 56 C In PAL As 57 A LlbMcNAL 5s 42 Nev Cal E 5s 56 N Eng OAE 5s 501 Okla N G 4 Vfc MAI Pup PAL 5s 55 Phil E P 5V 721 4 20 r2 pv 1071 104! 19H’- 37 44 37141- 9 38 5 21 207i 21 - 'll 6' 3' 586510 414' 4 sales 88 674 67 41 Ti4 80 3i 80 78 lt 78 92 15! 92 80 78 92 '9 104fl04Vj 4104 1104 II 83 11! 57 61104 111 73 83 56 1104 72 Tug SPAL 5 A 49 do 4 Vji 50 D Ett ft s 60 do 4s 60 West N U 6s 44 Wls PAL 4a 66 A 5l 96f 06l U Keystone t 06 r -- 04 22 19 22 New Quincy 55 00 12 02 26 01 02 02 20 t al 20 01 and - agricultural loan of member banks in 101 cities declined $9000000 in the week ended July 07 64 01 27 13 These loans totaled $3 869 000 000 a’ decrease of $556000000 tine :8? " 96 '03 10 00 05 02 10 25 12 Ot 1 2 75 10 July 28 1937 The downward trend’ was considered by some officials to have significance in view of the recent ones '01 7 75 35 01 8 25 39 Tft :83 03 02 '00 02 :81 01H 01 01 28 22 ft 2ft 5 30 02 02 Utah-Ideh- do pfd lives 8)l $7758 46y 14 Produce Markets EGGS LaVpe white new laid eggs doz Medium white new laid eggs dot Large new laid standards doz 32 29 n30 Pheep— Receipts 15 000 Including 7500 direct spring lambs slow few earlv sales 25e and mora lower: many bids 50c off: few native to small killers at $9 no down packers talking $8 50 fa 8 75 four double good td choice California spring lambs tw’o decks good $8 85 sheep ateadv Texas wether $4 50 nxtiva slaughter ewes $3 00 350 X — f KANSAS- CITY Aug 2000 calves 17000 Cattle — Receipts opening sales fed steers and yearlings about most bid on slaughter 'steers steady however weak to lower scattered sales she bulls and vealers stock about steady fully steady Stockers add feeders fairly active fully steady early sales good to some choice fed steers $1000 1150 held higher choice yearling heifers $1015 00 cows 025’ctUfTS 25fa fat $4 $5 grass fa 5 00 veal top $900 liberal quota good to choice feeders $8 00: few fleshy loads up to $10 25 most Stockers $650 2510 fa 8 10 - — man of the Reconstruction Finance corporation that bank should release an increasing amount of cash to private enterprise of the government might consider some action to meet credit needs The trend was reversed hi the St Louis Federal Reserve district which reported an Increase of in such loans for the week 2 General Motors Votes Dividend 6868c Ranee of Leading Futures 3 WASHLNTON Aug 1 ((£—The- ’ r¥o14’ Federal- Reserve board reported 04 induo-tri35 Monday that commercial rfiA North Lily 20 North Standard Total stock sales Monday 84000 year Ohio Copper Park Bingham ago 161795 Total bond sales Monday Park City Con $800000 year ago $900000 Park King Park Konold Park Nelson Park Premier Park Utah Ptorhe Bristol CHICAGO Aug 1 (AP)—Led bv corn Plumbic Mines all delt cries of mmor grains tumbled Plutus tTTtTi i r i iiiuc Oi Monday to bottommost prices reached In Pel four to five years on the Chicago board Riro Argentine of trade Rnystoh Coal Ideal weather for com growth focused Silver King Coal trade attention to prospects of a bumper Stiver King West In a selling stampede Stiver Shield imp of that cereal that developed as the day drew to an end Silver Standard Sioux Mines the corn market plunged downward 2 tents a bushel but recovered about a cent South Iron Blossom South Standard In the final transactions Wheat values fell a cent and then rallied Swansea Con Tar Baby somewhat September moved down to 66 rents where lt was 26 cents sunder the Tlntlc Central season’s high touched last February and Tinttc Lead Tinttc Standard was 48 rents below prices a year ago At the close Chicago corn futures Were Union Chief 1 to 1 cents lower compared with Utah Con 55 fa' Utah Wvo Con OH Fafurdav’s finish September Victor Con AAUCt December 524® 52c wheat to cent down September e6&'67c Walker Mining West Teredo to oats December rents drop Wtlhert to 1 rent off rve showing and provisions unchanged to a setback of Yankee Con Zuma 22 cents 20 21 ’ Show Decliiie T Mountain View Nallclrlyrr New prk New Premier t -- Bank Loans I Lead FOREIGN BONDS Ger C Mini 7s 47 Bug com NEW YORK Aug 1 of General Motors corpora--tio- n Monday declared a dividend of 25 cents a share on ths common stock duplicating payments in the previous two quarters At the same time the usual preferred dividend of $125 a share was ordered Last week the company reported earnings for the quarter to Juns 30 equivalent to 52 cents a common share compared with (148 a share In the sams quarter last year The common dividend Is payable September 12 to holders of record August 11 and the preferred to holders of record October 10 (Aft-Dir- ectors MONDAY SALES Bingham Metals 500 at Bulllou 100 at 0r 2000 at 1000 350d at 5c at Cardiff 300 at 14c 300 at 45c Chief Consolidated Clayton Silver 500 at 30c 400 at Sic Grand Deposit 7500 at 10c New Park 1000 at 19c North Lily' 100 at 65c 100 at 64c Ohio Copper 1000 at 12 c 100 at 13c 3000 at 3c Park Bingham Park City Consolidated' 500 At 26a Park Nelson 500 at Prlnca Consolidated 300 at 00c 16e 5c 5c 2c Silver Standard 1000 at CURB SALES (After Horn Silver 200 at Bullion 1000 at 5c e 1 23c j tt) Unlisted Industrials Cotton NEW YORK Aur 1 (AJ)—Cotton was Irregularly lower Monday under moderata arafterlng liquidation and badga aalllng while demand waa limited to a ecalo down December (old off from 8 68 to 860 and In tnldafternoon waa aelltng at 863 when prices were 4 to 7 points net lower Futures' closed 11014 lower Cash Quotations 70fa71e 69cfa 67fa6fc 57fa57c 57c sample 45r56c 57fa57c &7r: t "Tnir" T)a xNb 1 i rri ixfT"7W Nft No No yearwhite imi 4 14 14 i Magnolia Mammoth Miller Hill Miner Gold -j Missouri Monarch Moscow at Bingham Keiitucky-Uta- Leonora Little May 3TinlliQV4'im54 12i 5441 51 f Lehi Tlntlc HOT — TTOT" 9 107 Standard Lakeside Monarch 104 104 83 56 104 73 61121112!112 41 78 78 784 41 71 71V41 71 6br- 15'! NEW YORK Aug 1 API— Investment CHEESE Bankers Conference Inc bid and asked Full cream triplets lb 15 prices: Fill cream longhorns lb fc15VS Full cream b sandwich loaf lb 16 Asked Bid mv Triplets western cured lb 20 4 39 3 97 Longhorns western cured j Affiliated Fund Inc Daisies Wisoonain cured lb 24 3 87 3 M American Bus Shrs 15 6 2 Vfc Longhorns Wisconsin cured lb 24 14 62 Bullock Fund i 4 25 3 90 Can Inv Fund ' 2 32 Corporate Trust CHICAGO Aug 1 ( AP) — ButtAr I 2 27 do A A were setady Mofidav: fresh 93 score price 253 2 73 do AA mod t 26c score 25Vc: 91 score 25L4C 92 1 28 40 Dh idend Fhrs OO score 25c 89 score 24 88 score 18 75 17 34 Fund Investors Ttic 224 r centralized carlots pn score 2$c 4 92 5 63 Fttnd'Tr Fhrs A 89 score 24 We 8S score 22'4e 4 44 do B ' 6 5 65 Fund Maryland NEW YORK Aug 1 (API — Eggs — ri-rlfi- c 3 28 Nation Wide Sec 338 1 roast jumbo and premiums JiVfjfa 1 47 34 do vof 37r fr specials 87 10 1L90 Inc Shrs 33i34r- standards 32‘ Quarterly 33c 54 50 mediums 29VrQ30c Stand IftH Inc 586 w Super of Am Tr I 13 621-4U F E L A P A 1412 A FRANCISCO 1 X Aug 1 82 72 do B —Butter 92 score 26Vc 91 icore'25Wc I I 1 00 91 do vot 90 score 25c 89 score 24Vc tras 25Vc small extras 17Vc large stahdards 2614c Cheese flats 14c: triplets 13 Wc LOS ANGELES Aug 1 (AP)— Produce exchange receipts: NEW YORK- - Aug 1 (Ip— Electf-tButter 139600 pounds cheese 77900 company Monday reported a six ’months net loss of $183657 after charges pounds: eggs 600 cases 2 — 91 core and Income taxes against a profit of 25 Butt4fa—1 — 92 score 264c Vic 3 90 score 25p 4 — 89 score 24c 52316275 or $192 a common share cheese Western 13c: longdaisies triplet Hunngths sams period last year horns 14c loafs 14c Eggs 1—candled lean extras 31c: 2 Hazel-Atla- s Glasfti company earned $691-44- 4 1 — candled 27c large standards or $159 a common share In the candled medium extras 28c 3— candled medium quarter ended July 2 compared 'with' a standards small candled extras 25cjX— ' net income of $906172 or $207 a ahate 20c in the like 1937 quarter hens Poultry 1 —— Leghorns under 814 13c 2 34 9 4 pounds 14r 3— Ohio Ofl“Company and subsidiaries re pounds — hens colored 3V4 over 4 pounds" 16c ported net profits fpr the June quarter b 4 poiuids 2305— over 4 pounds 23c of $1391368 or 9 cents a common chare 6 — broilers 1 ki 1 ty 3 6c: 7 — over with $1292148 or 7 cents a 1V4 to 24 pouuds pounds compared 14c 8 —fryers Legshare for the preceding quarter and $3 horns 2W to 3 pounds 15c 9 Barred 250728 or 37 rents a share for the Rocks 2 W to 34 popnds J8c 1 June 1937 quarter 19c rnlored IP— roosters Barred Rocks ocr 22c n 12 others 22c pouuds 8oconV'Vranmm Oil company estimated 1ft — drrrk votme under 4 14 poiuds lie-1net Income for the first half — old lie 18 - geese 1 5c 19 turkels consolidated of 1938 includitfg equity In undistributed vounc toms 14 to 18 nmirds 9r 29-- earnings of nonoonsoltdatadto afftliats ata oer 18 poundic 19r 21- - hens 9 pmifids 61 rents about $19000000 and up 21c 22— old toms 13r 21 — old equal share on capital stock which compared hens 16c rer $1 03 a share with $32 Obn ooo Note — Butter Vev: 92 extra' 91 ported lor the first baM last year prims firsts 90 standards 89 firsts) Earnings Reports 106Viin)4 108 11 Ff Pub 106 109iU08 7 TTRRSrrRR Mines Bullion Lily Con Mines Gold Cham Grand Deposit Great Western Horn Sliver v Hnwett Indian Queen Kennebec BONDS 4 y CHICAGO Aug 1 (AP)— Cash wheat— CHICAGO All 1 fAFft 8DA — Hog— No 3 red 6840 No 1 hard 4000 direct No 2 70V fa 14000 Including sample4 62 cfNo1 Receipi 70 No stlv steady 1 hard yellow 70c No 2 slow steady to 10c lower No 3 72c No 2 dark northern with Friday’s average top $H60 No 4 mixed 69c No 3 230 pnVmd $9 80fa 10 00 240 2 $9 15fa9 75 280-34pound $8 v 140-16c No 2 57c No 57 1 mixed Corn— $9 25fa9 75 pound goodipbi No 1 fa1 No 2 57 $7 50fa7 90 few to $860 packlTig sow yellow1 No 2 No medium weight and heavy lands $6 25 white Mi dv 10 price- through the trading of 7500 shares and closed strong at 10 bid Bullion opened at 6 cents up 1 but dropped back to 5 with 7500 shares trading North Lily opened unchanged at 65 cents- and declined to 64 Prince Consolidated yielded to 60 cents off 3 Clayton Silver to 30 off and Ohio Copper to 1JH off 1H Chief Consolidated sold unchanged at 45 cents Park City Con- solidated at 26 New Paric at 16 Bingham Metals at 1614 and Park $250 fed steer weak to 25c lower light lings including light heifer and mixed vear-ling- s 77 steer run medium steady largely — TflftfctTo good grades tinner mort pressure “bill 13' 71 71 12’ 51 killers also bearing down on topny rattle 50Vl 51 1 54 5i 15 part load prime $12 90 few loads $12 00 mm 1014 fa 12 60 prime 1000 pound heifers $11 50 jo1 mnvmov loads $10 25$ 11 25: rows scarce several '1004 5 1027 10? lO'” steadv: grassy and short fed heifers steady 81 to weak at $0 00 down to $7 00 bull Rl4 10' 3' 67 t 67 67 atrong practical top $710 dry fed fat 2' 29 4 2V41 29 Ts bulls 25 killers paying Sin 50 21 47 47 freely on vealers mostly $10 00 market 31 'c 286 431 SO’ 4vni 725 40' 3R14 - H 6li 31 Hi 3011 31 A- l15 531 4RV 25V4- t- 14 2Mi! 48V 4B 49 61! 2' 49 100141 Onil POV'- - 11? 49 - H 14 1411 14 Total sales Monday $3820125: previ5’4'- 514' 5 14 U ous $2 519 150 week acn $9439 6nr 47H’ 46141 46V- - 1 h two vears ago $7 - 14 vesrago $4629 300 20 ?0 20 Januan’ 1 to dafe $1 050 197 fifiinno O ’lA' 01141 04 805 vear ago $1 866120000 two vears 72 72 72 U ago $2085462000 V 9814-- '15' n 3R1AI 114U French OerCAB G C H I8I4 6a 61 Octl Cnlnmb 5RTU '109 Grand Peposdt opened A 10 cents up a - quarter cent held firm at that 72‘ H Tuba 5 V8 45 I’ Denmark 2U ume East Standard East Tinttc Coal East Utah 16l BUTTER t shares Monday butter 92 gcors or nmions rtav 358 040 week ago 2106-500- - Sweet-crea- m vear ago 789 270’ two years ago $ 29 better) Jb 156 v 0r7 First grade 91 score or hotter) lb 28 1003730 January 1 to date two years ago Second-gra- de C90 gcore-or — vear ago 250386532 under ) lb 27 298 996574 Vfcc less) (parchment wrapped Total “ ’ 1— Hogs— 1 OGDEN Aug Recetpts 250 butcher steady to 20c lower sows off more ton $9 90 on hest local butchers mixed light and medium bulk sows $6 00fy weights $9 006 975 6 50 few on gilt order $7 00 72V 73 Cattle— Receipts 475 vena slow: cows 4 73V 3f 82H 63V 8J&I weak to 25c lower other classes steady to weak lot extra good fed drtveMu ateers 3 100HOOV4100a 1040 pounds $750 with 2 per cent shrink few lot common to medium drive-in- s $5 50 P m RR 4V4s db 70and good heifers MM 84M! 84 A to 6 If ' 61 94 41 94A4I few lota medium mid good P4A4 $6 25 to 6 75 io gn 4 V4 81 heifers $625 (a 675 common heifers most111 87 V' 8714' 87 V 3348 70 VJ S 60 P G 60 5' 60 60 ly around $5 50 few good cows $5 now 5 25: low cutter to common cows $3 now PTAC 53 17 99 17V4i common 4 25: best vealers $8 50 8 75 to medium eaters $500 fa 7TKI R Rand 4h7 ”56 mivfe'inivb ini best trucked 54 Receipts 21880 Rep Steel 5J 10644 In Sheep— lambs steady to strong st $7 00fa'750 do 4Vs 56 91 V few light medium kinds $6 00 few lots B- medium and'good ewes $200fa3(00: three ”103 Shell Un 3Vs 51 doubles 85 pound Oregon lambs welched So Pac 4i4s 81 50 four loads 86 pound Idnhos Sunday $8 2 do 384 b 46 63 V eveu pounds 25 to ca $8 25 sorted 8 P 4 Vi a Ore 77 58 under average V $700 N J 3a 61 103 79 A 45 Stude68 1 ( DENVER ) — Cattle Aug — 2700 calves 250 slow: unReceipts 1 IIOV4 ltM4!t1084 Vn Pac 1st 4s 47 lower on beef rows scattered dertone 41 90a4J 9fiX II !j A T 5s 44 POAa sales other clksses steady fed heifers U P A L 5a 44 2 93 m 93'Vs93Vi $10 OOfa'lti 60: grass heifers $7 50 down load cutters $4 75 "ve'alera $9 00 down 4 103 60 Va‘Ry 103Vi 10! slotkers and feeders steadv to strong $6 50& 8 25 no fed steers or beef cows Wxt Uri'ft 51 14 76 Vi 76 70 7514! do 5s 50 75V4 38 764il 14002517 50a lower Jlogs— Receipts 4 a 50 do 4 73 73 thanMhart Frtdav: 180-30pound $9 90 Whl Stl 4 V4 8 66 A 16 92VI 9214' 92Vi fa 10 fuL hulk still unsold packtng sows smooth light butcher kinds $7 00 fa Y R ft T 4s ftl 5 10114 inivi’ini Vi $8 on fa 8 slow trucked In Sheep— Receipts 1200 FOREIGN BONDS $7 50 (fa 8 60 25c lower spring lambs nr more (Sales in $1000) some held htehftc 25c talking lower on carlots Nfhotce Colorados held $9 00 odd yearling $600 merely good 1 wrt 116 44 6 761I TH 7H ft 6 S 64 564 45 HI 44 44 T 20 Trading on" the Salt Lake Stock exchange Monday declined in' both volume and breadth only IS issues selling in board lots non o t them in the "blue chip” group Grand Deposit continued its creeping advance but Claytdn Silver Prlncei Consolidated and Ohid Copper Buffered moderate losses on small vol- Asked Crown Point Dragon Eaut Crown Point 70o 74c: West O A S' W Union V invest Air B' E'AM1 White Mot I W'llson Woolwnrfh Worth PAM1 Aer' Wright Wrinlev Tr V— Yellow TAC Younr SAT 30H 12H' 12' 12H 2461 28 H '24 H L 20 natne Warner ho pf 23 261 100 j Cr°ff 80 ’ 48 61-- ' 1061- 17 HI- 3 1 461- - 14 - Sl'lOV ft' I 4ft 4 34 171 18 5 lftl SI 14 l — W— Walworth Ward BakA' do B f4 48H 12 45 64 10 ’4 Vanadium 20 43 H 2 34 758 10 10314 102103V4 f S3 7 1' ftHI 21 pf U S Steel do of Util 'PAL A! t V— 6 27 HI 27 30 2 9 641 102 H 102 H 102 H 1 8 8’ 87t 2 8 64 43 H 30 ’ 1 Coro-- 1 — r— ‘ 4 i 12H! 12 6£ 28 2Si 18W 19 4611 8 100 103 ilOO Ki Investment Companies PI 4 151 251 11 103 H 103 - 137 231 8 28 19 71 O 1064 4ll 41 A 41 19 2 17 H 14 22 SH 127 2' CarMdel lTn Oil Cal Un Pacific I Un Air Tme! - - Traneamer Tri-- Un £ 1 31 H - lnt Salt lnt T A T J Johns Man — K— Kel H W A 791 121 31 Ax f 4 71 I' I 33’ Tide-W- ’ H177 H77 H77 3 20 20 20 Si 26 ’4 2B 26 3i 16i 1131 11 H 111 r 2 39 H 39 V j 39 H -8 3 l1 5 6 ! f 101 211 141 4) 23 H 57 H 11 31' 107 Tex G Frodl Trx G Sul Tex Pa LTI Thomps Pr 1 25 H II 1135 1135 2364 31' 19 1H Superheat Swfft A Co! H — T— H Texas Corp? 20 Hi 20 HI V 15 Hi 7 HI 7 H H 16U 21 16 It ' 9i 46 M G L Co 8' 16 4iv 4i tihti lft6i ft’il 2i Sou Cal Ed1 H Sou Pac 69gJ 11 52'AI Ry 1 il67 1167 K 1H Sou Sperrv Corp I 4HI Std Brands 4 32 lliI 32 32HI- ki Std O A E 24 HI 24 H 24 HI- $4 pf 1! - H Stddo£)il hHI Cal 171 13 12Hl-- ft 32 Std Oil lnd 1 ft H HI-7- 0 Oil N Std J in 70 70 Stew-WarII 16 3S IS Stone A W 36 ftH Studebaker 16' 22 Si 22 22HI- Sunshine M Distil C 8 Lorlllard Lou' A N — M— Mark frk Vi 2HI — D— Deere A C Del A Hud Del 27l Ik 98 Brhen Dial Seam Rneb Servel Inr Sharp A D Shell Un Oil 811 K Coal Simmons Skelly 01! Smith A O NDy 3 88 51 war Nat Steel 4s 65 NYC rfg 5 2013 do 4Vs 2013 A do 3 A4 8 46 No Am Co 5s 61 N Am Ed 5a 69 C No Pac 6s 2047 do 4s 97 O OWRRAN 4s 61 95H 95 H 71 Kresge Fd 4s 45 r Loew'a f'fP 997s USDA — NORTH SALT LARK Aug 1075 include 1125 Hog — Receipts sod 50 for market Steady to 20 through mixed kmds rents lowertop $9 90 packing sows $7 00 ($8 00 $900ft975 300 Cattle — Receipts Includes 174 34 direct and 92 for market through One car Idaho grass cattle Includes few steers and heifers $6 50- rows $4 50 5 50 00 few lots few vealera $6 common trucked-lsteers $6 500 7 50 kinds down to $4 25 few common heifers $4 50 hulk truckeftn rows $4 00 fri 4 7Y cutler kinds $3 00 3 75 4065 includes 4031 Fheep — Receipts No early thfough and 34 for market sales ° Chief Con Clayton Stiver Colorado Con 4 nib Rexall mbturd Metals Comet Coal Commonwealth Lead Crescent Kagls Chicago Grain TfS Ill Cent 4H s 66 Mine Issues Cardiff Cedar Tali Central Ntaudard Friday inactive rail liens San and Arkansas Pass 4s Lw Clnae gained 3 points at 63 while Illinois High Central 4s dropped 3 to 50 Losers 72 S 72S 72S of a point or more included: Mis62 H t 00 bg souri Pacific 5s of ’81 series ‘T" at series ”F”Rt HO at 42 Southern and B & O 5s Inlocal— QUOTATIONS Bid wit'113 and the 5s of '77 14 loTtft 03V lOiVb 20 11 1061 10a 1106 Nickel Plate 1997 4 90SI 97 Railway 4s Rt 45'i 21 100 Vft 106V 1O0NV$ Trade Slumps AKa Tunnel Am Metal M Co Beaver Gold Cop Ris him Bingham Metals Black Metals Bonanza Mining Bristol tJiiver Bullion 10 102 23 102 22 102 23 104 3 1104 I 1104 3 2 106 7 106 7 H06 7 $6371400 CORPORATION BONDS Among in $10001 (Sales Antoqso Armour pel 4s A T A 8 F 4s 93 v 26i V 20 00 51 do J i Anaconda 457 OP PARTNERSHIP DISSOLCTION NOTICE Notice ts hcrchy given thst Ihe psrtner-hlUtely subsletlng between us Ihe undersigned R R Gilbert nd E C O’Brien at carrying on a meat andIhegrocery huglneee Midvale Utah under etyle or firm of O P BKAOOS GILBERT and O'BRIEN BYSTEM was on the 5lh day of July 1938 dissolved by mutual consent and that the business In future will be carried jtfti by the gaid R R Gilbert ftlone who will pay and discharge all debts and liabilities and all moneys payable to the said late E C O’BRTFV firm R R GILBERT 3 J 44-4- 52-4- Am (4) le‘gal notice l5 '''—' " ' "i'Im'T I Gen Mills 4i —Copper— Gen Motor 116 41 U 42Ail NEW YORK Aug 7 do pfd Connecticut 2121 121 Plead) i electrolytic delnered 81 20341 nomGen Pvv S 10 42H 20 export 1012 ‘A valley Gen R A U 3 3i 13 Inal Tin— Steady" spoT and near-bG T A R Ward “4 4 ’o Gil S Raz 0 1 83 Lead — Steady: spot New York Good B F 47 22’A122L Kt tnii (a 4 75 4 ' pTfT IeOUlS and — St 56 H East tpot Zinc Steady Good R T 36 26 H forward 475 Pennavl-Vania Graham 1 H 9 P 1 H Pig Iron— No 2 f " b eastern 7 H Alabama Or Con M 7 Buffalo 20 00 2100 GNIdO et 4' 13 H 13 H 16 00 Gt N Rv pf 14 22 HI 22 Aluminum — Virgin 00 per cent 20 00 Gt W Sug Antirtlmiv —Spot 14 00 Grev Corp Qnirkaiiver — 8000 fa ®l 00 — H— Flatinurry— Pure 36 0ft Herk Prod nominal Wolframite — 18 00 fa 20 00 Here Pow Hn NEW YORK Aug 1 (An— Call money Hollv Furn Fifg fteadv 1 Pr rent Home Mm Prime cormperrial paper— fal per Hd Her A do B : IV Time Inane— Steady “day Howe Snd 46 months 1 per cent Hud Mot Bankers’ acceptances— Unchanged fa' Hupp Mot fa 71 6 per cent 4 months 916 days 1— 6 per months cent tysfa916 per 111 Cent rates— New York reserve lnd Rayon Rediscount Inland Stl tank 1 per cent Insp Cop Inter Iron fuead (API-L1 NRW YORK Aug Iut Bus- M No galea tures closed 5 polnta lower No Bales Jnt Harv Zmc futures closed unchanged lnt H El A —h InT N Can MONTREAL Aug 1 (API — Sllpsr 'Bids: closed unchanged August December 4185c 42 40c September 41 50c e 11 103 20 102 63-5- iFales Gen Bak Gen Bronze Gen Cable — — ailver Bar (AP) Gen Elec Gen Fooda "Montreal Silver 5 104 Allfghanv 5s 44 do 5849 AmAF P 5s 2010 low-price- hJEW YORK Aug 42V unchanged 108 4 102 3 106 ' 59-5- 8 2Ws LW Priced Stocks d Con As in recent sessions is stocks accounted for the greater Condo Ed nfd oil part of the day’s turnover§uperior Con Con Textile Qil up 8 at 4 was theTfiost active Con Bak A do B of the proceedings Con Can On the offsidewere U S Steel Cno Oil Dell Prd Bethlehem General Motors Chrys- Corn do ler U S Rubber American Tele- Cty pM Inc Co phone Anaconda Kennccott Con- Crane Crm of Wh solidated Edison N Y Central Crosley R Zel Texas corporation Sears Roebuck Crown Cuban A 8 do pfd Montgomery Ward J I Case Deere Cudahv Du pk Philip Morris Westinghouse Curtiss W do A Pont Union Carbide and Interna- X s 4 104 1 HOME OWNERS LOAN by t Utah smelters SMtlement prices and by the American Smel tin Lead 490c pound are company copper cathode 9442c pound 4 5349 :ts 5551 2H 8055 49-3- Small Volumes f The day’s voliime of transfers amounted — to 586510 shares the smallest for a full Session since" June 17 just preceding' the start of 4he-‘baboom” The total compared with 1204240 last Friday The Associated Press average ofrijo stocks was off 4 of a point atr48fr On the cheerful side was the moderately hopeful forecast of the magazine Steel which said more confidence was being exhibited in the new prices and there was less tendency to restrict purchases unThe opinion was also exduly pressed by transportation observers that the railroads about broke even in July after payment of charges against a deficit in June In addition of sofru? 815000000 monthly surveys of the department of 'commerce Rational City bank and AmetjicartlF’d&ration Qf Labor sounded a hopeful note for business In general General Motors directors after the close fulfilled Wall street’s expectations by declaring the regular commofi dividend ' 49 2s 1S 5249 2 2 12 22 22 13 00 18 27 19 12 106 12 106 22 109 22 109 13 114 00 113 18 108 27 104 19 104 19 104 12 108 12 108 3 '102 3 H02 20 106 19 106 2 '104 00 104 2 103 00 103 9 1102 9 102 6 109 22 109 6 109 22 109‘ 1 114 13114 1 113 00 113 10108 19 108 1 104 27 104 JMJ Metals and Money ""'"T""i"i w N Y Stock Exchange Quotations (Salealn hundreds)' tional Nickel Santa Fe Greyhound corporation Coca-Col- a and Standard Oil of N J with modest managed to emerge ’ gains London was closed beginning the August Monday holidays but the Amsterdam market gave ground The British pound and French franc were narrow In terms of the dollar? J 24r 2&c wample 25Hc 20W21V4C li N02 ipugh 48c fa 52c fiemtnauy Ryftr’o Rarley le ed— 2 Julyfnk 80 NEW YORK' Aug 1 liquidation and selling by bouses with Boston connectidns tended to make an active and easier wool top futures market Monday Roubaix observed a holiday Antwerp - — closed unchanged to d lower Futures closed here 9 to 13 points lower “ October 792c bid December 801s bid March 812c bid: May 813s bid Spot standard tops 815c off IS Sugar Market 63fa'7Be i 5§fa72c PROSPECTUS OF QlWliW lOoInt eflMilBfr l Kansas City 69fa74c A WITHOUT-OBLIGATIO- 21fa'22c Flour aheep — Receipts 5000 very little done scattered opening sales spring lambs 40 to 50 cents lower sheep about steady ColoMay rado Fprlng lambs $875 earlv sales naCorn — Receipts 13 cars cents fal tives $8 25: best held above $850 to 53c lower No 2 white nominally 51 1 No 3 nominally 801TH FAN FRANCIKCO No 2 vellowf Aug —Cattle — Receipts steers nominally 1100 No 3 nominally sraUered early sales about 49 to 50 c: No 2 mixed nominally 50 predominating fa 52c : No '3 nominally fa 5np steady most bids weak to 25 cents lower load medium short fed steers $825: sevClosa: September December eral loads fedf steers held above $8 50 47 r ' Oats— Receipts 36 carsrent lower to range she stock scarce few earlv sales cent up No 2 white nominally 22 fa setadv few common to medium grass heif24c No 2 nominally 22 fa 23c ers $5 25 fa600 bulls steady at $4 50 Milo Matze — Nominally 82 fa 88c 6 00 Calve — Receipts 25 no early on slight supply 'S2fa88r good to choice veaJ-er- s t 45 to 46 c 00 quoted ardtiud $9 Barley — Nominallv 31 to 40c Fheep— Receipts 2500: early limb' trade No 1 hard And dark hard wheat' 5fal$ steady to 25 cents higher top $7 75 on cents over Heptemberr No 2 hard and dark double choice 78 pound north eoast on 3fal4 cents over No 1 red wheat wooled springer and two deck 77 Fmmd hard fa choice weighty shorn yearlings 2 3 cents over: No 2 red even to 2 cents Oregon over No 2 white corn even to 1 cent $5 25 aged wethers $4 00 ewes practically over No ‘cent under to 2 yellow corn absent mixed corn even to — 1 cent under No 2 1 f LOF ANGELES Au Cattle — Receipts 2600 steady to stronger 63c i Wool Futures S L Bank Gearings $ 230419100 Saturday- - bank debit Fame dav last year 2 705 718 Or MINNEAPOLIS Xug 1 (AP)— Wheat bank week’s deblta Past 11221408 i) uncars N Trading basis 399 Receiptli last vear 1594599700 9 cents undergo 14 rents over Fame week debits changed 5850399700 Cuotationa 1 Minneapolis September Fame month last year 7361900000 cents lower N " bank clearings 324113153 Cash wheat: No 1 heavy dark northern Monday Sam day last year 321774700 79 fa 86c: dark northern No tK77?85c No 2 75 fa 82c No 3 71 fa 80c Taney No hard Montana 78c No- 1 dark hard or No 3 hard Montana winter 70c hards her No 1 No 2 61 1 75 p No 3 No 1 NEW YORK Aug (AP)— Bugar c dprum 6! quiet Monday with llttls vxrlx-J- n Com — No 3 yellow e Tradprices 2 to 11 basis under cents ing unchanged old up lrKihe No 3 contract cents over Minneapolis September corn from X61 to 1 82c or 1September point net higher 1 cents lower Quotations while irtSths No 4 September moved from Oats — No 3 white 96 to 96o and March sold At 104 or net 6c Earley--29fa5Point net lower unchanged to No 2 42 fa 45c One local Hflner reduced the price of 1 1 fa No 77 Flax— to 430c for fine $173 refined by Sweet clover seedYThrUnquotedv Granulated end wHl accept a limited bust ness for delivery in Q day Futures Nof’ 3 closed unchanged to Jnt highef Sale 1256i " 1 182c bid January KANSAS CITY Aue 1 (API— Wh'rxt— 191o bid cent lower No 2 Receipts 603 carsNv 3 66 fa dark hard — No 2 hard 6if?71p Nofa 3 64 2 red nominally 62 05 c !f70cNo MINNEAPOLIS Aug 1 (AP) No 3 60 fa 63c carload lots per bamel in cblton Close: December 02 c sacks Family patent $&45 September Unchanged 72p 867 878 quiet: middling 861 n — Nominal 46c Minneapolis elos 8 73 May J uly Spot 24 mr 2 2 2 Low High 8 SO 8 AS October December Jaimary March 66c 50fa51c 51fa52c: Is to 555 standard patent 16070 fa 4 65 Shipment unchanged $445 Pure bran 15 001715 50 Wilt GLADLY BE FURNISHED WRITE OR PHONE (OUR OWN INVESTMENT DEALER "At the Sign of th 51c 0010 - centoer 9iffr good to choice fed ateers held to $950 and above: Mexicans $6 20 fa) 650: fleshy feed- ers $725 others down to $600 medium grass heifers $6 25 good cows $600 fa 6 25: commonto medium $5005 75 cutter grades $350fa485 bulla $550fa6 50 Calves— Recetpts 600: steady top vealers' $1000 bulk slaughter calves $800 fa 9 25 Winnipeg WINNIPEG closed $400 Dividends YORK Aug 1 (APDlrectora of Bi&elow-FanforCarpet company Mon dny took no action otI common or pre Previous payments ware ferrrd dividends 50 cents on the common last December and ihe regular quarterly $150 on the preferred on June 1 Refractories company on the common dt idend on pavrrent vss 1 25 cent on June Howe'er the quarterly dividend of $150 on the Has declared preferred pavabla October 20 to stock of record October £ Harhtson-Walke- director took Strong Stock Companies '' CONVENIENT TERMS V - - NEW t MINIMUM RATES 850 quality plain no choice wooled springs Iambi shorn ewes good $775 fa 825 goodto- - quoted mar-ke- Y Sheep-Rec- eipts sales Auk 1 (AP)-W- het holiday civic no action which1 the lt Insurance and Surety V"1- Bonds CONTINENTAL AGENCY COMPANY PHIL i PURCELL Pniidenl 818 Boston Bldg Wai 3838 Exchange WASATCH 380 3 U Trunk lutioa |