Show THE SALT LAKE TRIBUNE FRIDAY MORNING AUGUST 19 23 1938 Sleepiest Big Board Session in Weeks Ends With Leaders Lower Motor Stocks 'Manage Modest Gains Y Stock IV Stock Prices Exchange Quotations Bond Prices NEW YORK Au IS (AP) — Pollowln Are Thnrday-61h low ml doling pncei of bonds on the New York stock exchange and the total sales of each bond- - NEW YORK Aug 18 (AP) — Following If a tabulation of Thursday' stock trans actions on the New York stock exchange: NEW YORK Aug 18 UPV- -ln the sleepiest session for more than two months stork market leaders generally drifted slighlly lower Thursday with isolated strength apparent In motors and an assortment of specialties The automotive igroup managed an early advance on" further brightening sales and production prospects for this industfy Chrysler and General Motors later barked away but came up at the finish with the t 71 former ahead 1 8 and the latter 4 higher at 48 8 There was a slightly better tone for of other issues at the ilose although the Associated Press pverage of 60 stocks was off 1 of a point at 47 9 8-- V 5 Air Reduc 11 tom 8 Alaska Ju C A D Allied St f A! Alhs C M Amerada 17 3 178 17 10ii 10 41 V 1 11 60 floe 178 30 2' Loco 2 ftl Ul97l 31 1(15 33 5 Inter Metal P A Lt 18 i RASS Roll M 26) 3 97 25 3 lftl 45 16 0 988j 25 Vi 334l-- -7' 741 20 15 3341-- 5 18141 3s Alleghany 5s 50 do 5s 50 it A A b P 5s 20301 Am 1AT 541 43 do 61 50 Anac Cop Arm Dei 4s 55 A T & 8 F 4s 95 3s 4S 94 8 9 1011 17 44 v 7 5 2UO0 D U 44S 60 Beth i do 3 941 66 Brk M T 44 8 661 1(111 22m 4 11-5- 4s 4s gotiations and the fact that the market in the three preceding rising sessions had failed to attract 544t-rn-- ff 6 8i 8 1 II 25' 1 -- 2511-21- 1 2511 2os 17 is 16il 31 21 2514 31l 18 II 17' 33 any worthwhile buying volume and was able to retrieve but a minor portion of the losses suffered in last lfil'' 2Si i lftl 3s 11 103 Vi 1103V 1103 Vi 6 108) '1084408V jg week's setback Sears Roebuck reported a decline of 86 per cent in sales for four weeks ended August 13 and the stock was off 8 at 71 about halving an earlier drop International Harvester cut its dividend from 50 to 40 cents but this issue was up 4 at 58 A more hopeful earnings outlook for National Cash Register helped boost this issue 1 8 to 27 4 National Dairy declared a dividend against 30 cents paid preThe shares were off 2 viously six-da- 92 5 101 Vi 1101 Vi ilOl Vi Rail 9 104Vi104Vill04Vi 11103 1102 Vi 1103 y DARGW 5s 55 do 5s 55 asd Ceu 3j 48 66 Js 61j ra Modest improvement was retained by U S Steel Yellow Truck U S Rubber Goodyear Goodrich Montgomery Ward Kennecott Westing-hous- e Du Pont and Santa Fe National Biscuit edged into new high ground for the year Loew s 3s Foint or More Off do 348 46 No Am Co 5s 611 No Am Ed 5s 69C No Pacif 4a 97 14 8 Total sales Thursday 446610 previweek ago ous day 505950 1094310 vear ago 762540 two years ago 961800 January 1 to date 168476 405: year ago 261028745 two years ago 313166004 Metals and Money Settlement prices at Utah smelters reSmelting and Reported by the American Lead 4 90c pound: fining company arecathodes 9 775c pound copper NEW YORK Aug 18 (AP) — Bar stiver — 42 c unchanged LONDON 142s President of Hupp he Nor-ma- Unchanged NEW YORK Aug 18 (AP)— Lead tures — Closed 5 lower Zinc futures — Closed 11 lower No sales Johns Man — K— 13' Wh Ai Kennecott Kresge S H8 Kress 8 King Oiof L— 2 71 2' 93r 9241 nnj I in aim aoii 1841 10141 21 HI 29 '4 1 fi 16l V 9 39 18l-I29141 165- Balt 1938 611 do 34 70 67 f PhU Elec Port G E 4 V38 60 Post TAC 5s 53 B R Kano 4A8 56 Rep Steel 528 54 8 Shell Un 32s 51 Bkelly Oil 4s 51 3s SO Pacif Un Pad 328 70 A 2s 4 81 do 42s Ore 77 Std Oil N J 3a 61 U Utah P L 5s 44 s 66 Virgin Ry 3 West do do Whel 37 Vi I 37 1107 1107 97 97 8 41 97 97 Ui 5s 51 J 5s 60 s 50 Stl 4 2s66A 4 2 Young SAT 4s 61 1103 jl00 100 9 103 V4 1103 4 18 18 B 2 5 22 94V 93 103 20 4 3 121 21 103103 107 107 103 107 59 59 56 54 77 53 77 &3 77 105105 1102 71103 105 103 83 V 1 83 83 4 9 101 V4 2110 83 86 51108 101 60 18 16 3 4 100 1101 110I110 83 83 862 862 108 108ft 60 154 15 ft 13 102ft 102 ft 1102 ft 15 106ft 1106 106ft 104 ft 9104ft 104ft 2 103 Va 103 103 46 47ft 46 53 53ft 53 102ft 1022 102ft 92ft 92ft 92 ft 59 92 92 1103ft 73 ft 71ft 68 ft 91ft 92 103 ft 103 ft 73 ft 73 ft 71ft 71ft 68 ft 68 ft 91ft 91ft 161102ft 102 102ft 64 96 APAP 5s 53 Antwerp 5s 58 Australia 5s 55 do 4 fts 56 Brazil 8s 41 do 6fts 26-5CMB 6fts 61 Chile 7s 42 Colons 6s 61 Oct Cuba 52s 45 Denmark 4 fts 15 13 ft a7ft 19ft 19 67 1032 45ft 37 ft 7ft 46ft 51 St Total bind aalea Thursday $3996525: previous dav $4977400: week aRO two years year ago $7416750 aeo $7505000 January 1 to date $1120-21063- 0 $1952646925 $2219469000 year ago years ago Companies NEW YORK Aug 18 (AP) — Investment Inc bid and asked Bankers Conference prices: i Bid i Asked Cotton JU Mexico P O A El Pack Mot-P- 5 ar Piet 2 pfd Park Utah Paino Mns Pennev J Cj Penn Dix Ct Periii R R Phelps Dgk Phil Pet PTAG r pfd— P N J Sr AG' Pro's Pullman Pur tv Bk — ft— n r of Am R K O 9 4' 6' 4 1 ‘1 22 17 34 4- - 26' 5— 9 14 94 24 2' 834 8314 20 1941 10 441 i 4 41 n 2' 56 29 314 13 7 441 34 40 4 m 2l 56 A! 294V 3141 64' 241 Dairy YORK Products- bulk good and choice 180 to 240 pounds $8 75ft 0 00 250 to 270 8 80: 280 to 320 $8 50ft gounfls pounds 12 sows good light packing S'00ft 7 35 medium weights and heavy $6 00 ft 675 Cattle — Receipts 5000 calves 1000 fed steers and yearlings fully steady instances higher early top $12 75 paid far averages several loads $12 00 ft'12 50 heifers and cows scarce cutter grades strong to 15c higher: strong mixed steer and heifer yearlings up to $1115-feheifers above $10 00 dressed top cows 50 cutter grades mostly $5 $4 00ft5 00 strong weights to $5 15 bulls active strong practical top weighty sausage bulls $6 75 vealers firm at $1100 down 9000 including 2900 Sheep — Receipts direct: late Wednesday spring lambs closed steady to strong: spots 10c higher top westerns $8 50 bulk $8 15ft 8 35 best natives $8 40 bulk $8 00ft 8 25: feeding lambs $750ft7 85: today’s trade active strong to 15c and more higher native spring lambs $8 25 ft 8 40 best natives westerns held well Above $860 $8 50 sheep steady KANSAS CITY Aug 18 — Cattle — Receipts' 3000: calves receipts 500: fed steers and yearlings uneven generally steady to strong: grass steers firm to 25 cents higher fed heifers slow steady to weakt eew steady to strong r Vealers steady: Stockers and feeders scarce fully choice 114)1 pound fed steers steady $1125 light weight steers $1100 bulk fed steers $8 25 ft 10 65: grlssers $6 25 ft 8 00 good short fed heifers $895 two loads good cows $6 00: cutters $3 75ft' 4 75 selected vealers $9 50: part load calves $9 00 Sheep— Receipts 3000: spring lambs unevenly 15 to 50 cents higher: odd lots about steady sheep top native spring lambs $8 25 Oregons $8 15 SOUTH RAKTFRANCIBCO Aug 18 )— -- Cattle — Receipts 100: ell classes Jn very light supply: scattered sales about steady: two short loads medium 965 to warmed-u- p California steers $7 25 ft 7 50 sorted two and three head to load to other steers lacking medium good beef cows absent bulk eligible $5 00 ft 5 50 low cutters and cutters $3 00 ft 4 25 goM to choice Sheep — Receipts 275: kinds about steady: long deck good to choice Oregon shorn lambs $6 80 north coast Califor-ala- s long deck $6 75: sorted 10 per cent $575 LOS ANGELES — Aug 18 October Cattle — Receipts 500 steers slow weak Decemer to ilightiv lower other classes steady January good- to choice fed steers $8 85: short fed March steers Mexicans $6 75 $6 25: good May steers feeder short fed heifers $750: U fce— com: $70&r cowl-45- 25 'pnt'nntet middling 837 mon $4 85 ft 5 00: low cutters and cutters nNominal $3 50 ft) 4 75 J bulls $5 50 ft 6 25 Calves— Receipts 150 calves steady and vealers $8 00 ft 0 00 none: holdovers 328: Rheep— Receipts steady good to choice shorn spring lambs good shorn ewes $3 50 BOSTON Aug' 18 (AP)— Following are $775 the sales nigh low and closing prices of a locks traded- - Thursday on the Boston --Stock exchange: Aug 18 (APL— National an- company Thursday nounced a dividend of 20 cents on the common stock payable Octooer 1 to holders Low Close (Sales! High of record September 1 Previously ihe 104 90 90 10190 the Utah Metal 30 cents for company Earnings paid 8314 first seven months of the xear the com44 pany said were equal to $1 05 a share on 1941-3- 4 common stock or 6 cents a share less than Wool 34 in the like period last vear NEW YORK Aug IS (API — Wool top 4044 2’4 24 -International Harvester direct TntTires prices were steadier oil trade and Trad684 tors declared a dividend ofcompinv 40 cents on commission house buying Thursday 2914 Roubaix exthe common stock comnaied with 50 cents ing was moderately active 31 Antin the previous quarter 20 ft 40 centimes change declined The dividend 124 bd downft 8 representing the final quarterly payment werp was dosed 3 Futures for ‘he Wfcai year ending October 31 is December higher 64 payable October 15 to stock of ’record Sep- 80 1 bid March 81 3 May 811 bid 241- tember 20 Spot standard tops 81 5 up 05 0 94 NEW $9 05 d Futures Market Sugar NEW YORK 18 (AP WFollowtaK Aug a fairly steady start sugar futures eased Thursday under increased September liquidation in the No 4 contract and liqtiid&tioo and hedge selling in the No 3 and September Noor 4 sold2 off to net95 ower March to 102 4 to ” points September 1 8 or 1 fo March to points net lowt-With the list ASf the beginning of the ast hour at or wlTHin a fraction of the lows o 1 Futures No 3 closed 1 lower highest sales 17350 tons September 177h March 189b May 192b bBid - Tintic Standard Union Chief Utah Con Con Con Walker Mlntng West Toledo Utah-Wv- Vnnkee Zuma do 07 65 0044 13 04 24 01 05 05 07 2 75 02 10 25 56 19 Oft 05 10 55 174 00 44 7 004 05 01 0014 004 5 014 08 Oil 1 02 50 01 00 1 com 1 074 05 7 00 pfd BALES THURSDAY 2000 at A4c 1000 at 4c Cnlumbua-Rexa1000 at 3c Combined Metal 500 at 16c 200 at 46c: Eureka Lillv Con Bonanza Bullion 200 Howell 2000 at 24c Mt Citv Conner 50 at $6 25 Mountain View 1000 at 44e New Qulncv 3000 at 6c Ohio Conner ?00 at 12c 500 at 12V4c nC'A?E°enn?035oS6t 1000 a Unlisted Industrial pt ’i 654 64 V 66 H 67 69 Vk 63 S Dec ‘ 534 494 '52' ’ 2544 20 8 30 8 25 8 25 8 Jan Bellies— Sept Minneapolis MINNEAPOLIS Aug 18 (AP)— Wheal uu- Receipts 411 cars trading basis changed— quotations 4C higher Cash No 1 heavy dark northern 74 u ft' nqrlheru No No 1 3724s ft76yc No dark 67 2 75 1 harl Montana No Wi69c fancy ®77c No 1 dark hard nr No 1 hard Montana winter 67 it 68 r hard amber No 3 No 2 H2 'i 77c 1 64 rn 69c No 60W72c No 1 red durum 57c u 49 r tradCorn— No 3 yellow 4( c lower unchanged quotatlotis ing basis Oata — No 3 while 21 if 23c 59c Barley— 28 Rye— No 2 1 40 If 43c n 170 Flax— No $166— 714l73c 75c clover Bweet aeed $3 00 if 3 25 Kansas City KANSAS CITY Aug —Receipts 171 cars higher No 2 dark hard 2 18 c Produce Markets BUTTER First grade lb Second grade lb Sweet cream butter lb wrapped (Parchment Aug lc 274 29 32 29 30 CHEESE Longhorns western cured lb Wisconsin cured Daisies Longhorns Wisconsin cured 28 ‘4 4c Jess) Full cream triplets lb lb Full cream longhorns Full cream b sandwlcb 16af Triplets western cured lb (AP)— Wheat market Thursday to No changed lower 6Rft734c: $ EGGS Large white new laid eggs doz Medium white new laid eggs doz Lares new laid standards doz CHICAGO 144 lb lb 15 15 18 19 24 24 (AP) — The butter was steady and 18 hard 67ft72‘c No NEW YORK Aug 18 (AP)— Eggs— Pa63c 2 red No 69 4c cific coast jumbo and premiums 34£ft) Close September 614C 3 61ft 62c standards 32 J4 37c specials 33 4 ft 34c December 62r Ma 64c 24c lower ft 33c: mediums 29 4 ft 30c: pullets 10 earn: Com — Receipts to V4c higher No 2 white nominally 494 ft'504e No 3 nominally 4754&494c No No 2 yellow nominally No 2 mixed 3 nominally 3 e No ft 50c nominally 48s nominally Wednesday bank debits De474 ft 49c— Close: September 2195444 00 dav last year cember 454c 42 2564606 Thursday bank clearings No 2 811 378 92 Oats — Receipts ft cars: unchangedBame dav last vear 2 white nominally 23ft234c No 3 ft 23 Wc 22 4 nominally — Milo maize Nominally 70 70ft 76c Rve — Nominally 40l4ft43c sales No SI 2 42 4c issued every morning py The ban Lake Bariev — Nominally 30 39c Tribune Publishing Company No 1 hard and dark hard wheat 5c to 15 ‘Ac over September- No 2 hard and dark hard 3c to 15o over No 1 red wheat 2 M?c to 34c over: No 2 red 1c No 2 white corn to 2 ‘4c over TERMS Ut oUBaCKlR WUN 4c to 1U5 le over No 2 vellow earn 4e to lc over ually and ttuwi&y on month No 2 mixed corn September to V4c over Dally and Sunday on year in ad12 01 vance Tb above rate apply In Utah Idaho Winnipeg Nevada and Wyoming Elsewhere In the United titatea: WINNIPEG Aug 18 (AP)— Wheat! one month $1 K5 Low Close Dally and Sunday High- 67 October $ 67 $ 684 Tb Tribune ia un sale in every impof 67 67 4 lant Decemer 68 ‘4 city it) tbe United States Reader! 69 Mav 714 704 aecertain agent in any city by tele Wheat — No 1 northern 74 4C! No 2 may this office phoning 73 4 c No 3 71 c The Tribune ig a meinbci ul the AnnOats— No 2 white 31’4c No 3 30 tie otated The Associated Press is exPress clusively entitled to the use (or reproductionor of all news dispatches credited to it Liverpool credited in -- thla --paper and 18 "LIVERPOOL “Aur tAP)— Spot not otherwise news published herein wheat — No 1 dark fts lid: No 3 Mani- also the local The inbuue is A tnanei ruembei o I the toba 6s 9V4d: Russian 6s Id Australian audit Bureau of Circulation 6s 54d Futures closed irregular October 784: The Inbuue is a December 754: March 7334 Inc group Records Exchange— $4 87 ‘4nattotiai repre Reynolds Fitzgerald Inc sentattvea offices New York City 515 Madison avenue Chicago dftO North Michl yioufgnu avenue Philadelphia Land Title buim-mMotor building MlNNEAPOLfft Aug 18 ( AP) — Flour — San Detroit 826958 General Sutter street Los An Francisco cotton Carload lots per barrel in 117 West Ninth street: Seattle Lloyd kri ks— Familv patents unchanged So 30 qelce Membei Associated Weeklv Msg (" 5 50 standard patents 5c higher $4 50 building arme andaus Comic Section Group ft 4 70 Foreign-bureof inturuiation ut The Shipments 21534 Not Tribune are 1 Rue Scribe Paris Pure bran— $13 75 14 00 3 No No 66ft734c: 3 624 l4c 4945040: S a off 16 Export Copper Sales Mount' NEW YORK Aug 18 demand steadied the export price of copper Thursday Sales were reported at 1003 cents a pound C I F European base ports compared with Wednesday’! range of 996 to 1007 cents (UP)-Im-pr- Wednesday's volume oved of foreign) ADVERTISEMENT FOR BIDS Notice 1 hereby given that the Board of 8alt Lake County Commie aloners will receive bid for furnishing all labor material trana-portatl- on and eervlcee for the construction of a Boys’ Detention Bom located at 2050 south Second Eaat street 8alt Lake City Utah each bid to be In accordance with plana specifications and other contract documents now on file with Geo M Haley County Surveyor Boom 30 City and County Building Salt Laka City Utah and th Architect Wm E Nelson 409 Utah Savings and Trust Building Salt Uka City Utah where they may be eiamlned and copies obtained upon deposit of (500 per set which deposit will ba ' refunded upon the return Of L Bank Clearings t J&ill fake fjfrflrant c3pr such copies In good condition within five days after the bids are opened Bidders are hereby notified that the Board of Salt Lake County Commissioners have ascertained the general prevailing rate of hourly wages In the locality In which this work Is to be performed for each craft or type of workman or mechanic needed to execute the contract which will be awarded the successful bidder The prevailing rates so determined are Included In the Information to bidders obtainable at the office of George M Haley County Surveyor or the Architect It shall be mandatory upon the contractor to whom the contract la awarded and upon any subcontractor under him to pay not less than the said specified rates to all laborers workmen and mechanics employed by them In the execution of Notice Is also hereby given 464 8 30 8 25 8 25 to the contract 42 Mi 43Mi 45 Mav Lard — 8 20 Sept Oct Dec BO 3 High Open Whcat-Se- Metals sales reached 3397 tons well above 25 recent levels Some of the rise in 37 01 n volume was traced to Japanese buy 01 02 ing 02 The domestic market remained 09 02 quiet and unchanged at 10 8 cents 01 pound delivered Buying here 01 bacontinues on a 24 10 sis inasmuch as consumers appar02 02 ently hava enough metal on hand 12 to meet demands for the next few Oft 55 months 01 H 03 O'n 10 1 10 7 60 02 1TBi'lver8K?iiKtWMt Range of Leading Futures Combined hand-tomou- th 20 4 90 01 8ug 1 01 6 75 35 01 4 0044 01 Con Utnh-Idah- 01 4 2 25 01 Victor Wilbert 0414 35 19 ITc: at 05c 200 at 36c 000 at vc Silver Standard CHICAGO Aug 18 (AP) — Cash wheat— Tintic Standard 200 at $5 00 80 at No 3 red 67c No 3 northern spring 65c Corn —No 1 mixed 54c No 1 yellow l5ufah Con 2000 at lHc 54 ft 54 Vfcc No 4 53c No 1 white 54c Walker 300 at $1 50 Oats — No 2 mixed 25c No 3 22c West Toledo 2000 at l4e No 2 white 26 ft 26c No 3 22ft 25c Buckwheat — No 2 $2 25 ft 2 40 CURB PALES (AFTER 1PM) feed Barley — Actual sales 34 ft 36c 1000 at 4c Bullion 'd 62c nominal malting 50 ft 66c nomPower St Llkht $6 pfd 10 at Utah inal Timothy seed — Country run $2 75 ft1 285 $39 50 Red top clover— $7 25 ft 8 25 Cash Quotations 67 Mar 68 Mav Corn— 514 Sept $7758 Dec 48 Mar 51 May 6ats— 22 Sept trucked-l25: spring lambs $775ft)8 Deo 23 many asking higher fat ewes $2 50 n Mav 25 3 35: best held $3 50: solid mouthed breedSoy beans— ewes 50 Boston Stock List Dividends 26 NORTH SALT LAKE Aug 18 (URDA y — Hogs — Receipts 321 intitules 234 direct and 87 for market: steady to 5c higher extreme top $8 85 mixed butchers $7 80fy 8 60 mixed weights down to $800 packing sows $5 50 (ft 6 00 Cattle — Receipts 95 Includes 37 direct 58 for market bulk trucked-lsteers $6 00 common to medium kinds $450 H (ft 7 00 com5 75 few lots heifers $6 00tfi7GO mon to medium kinds $4 00 (i 5 50 bulk trucked-lcows $4 35 cutter kinds down to $250 odd ulls $485 few vealers $8 35 Sheep—Receipts 507 includes 100 for ram sale 11 for market and 396 direct ew lots trucked-i- n lambs $700 OGDEN Aug 18 ( )—Hogs— Receipts 50 steady to 5c higher180-23- ton $8 85 on choice local butchers mixed pounds weights and grades $800 4)8 75 sows mostly $6 00 down Cattle — Receipts 150 slow few early sales fully steady car medium and good Idaho cows $4 50 w 460 few out at $4 00 few plain steers and heifers out at $425 500 plain light drlve-i- n steers $500 few light vealers $750 5 75 Sheep—Receipts 13780 nothing done late Wednesday five doubles choice early Idaho lambs $7 75 straight: three loads Idahos $7 75 sorted 25 to car seven pounds under average at two loads good $8 75 Idaho $7 35 load Idaho ewes $2 60 few lots trucked-ilambs $5 50 (ft 650 DENVER Aug 18 ( Cattle Receipts 400 calves 100 steady load fed heifers $935 nixed yearlings $8 75 (ft 10 00 plain load held $8 00 grass heifers $5 25ft 7 50: cous $4 75& 5 75 cutters $350ft4 50 shelly low cutters $3 25 down: best vealers $9 50: btiHa $4 90fi 570 stocker and feeder steers $5 50ft 725: shelly kind $4 50 Hogs — Receipts 500 steady to itrong 160 to 250 pounds $9 00ft 9 10 250 to 290 pounds $8 50ft9 00 heavier butchers 50: pigs and light lights absent good light-sow25i 550 pounds $6 25 (ft 7 00 slow 7000: native Sheep — Receipts spring lambs and sheep steady good Tholes alues 14 cents brisk advance Thursday but gains failed to hold well B Wi Suow a leading Chicago expert BaskaKhewan that wired from Yorktoww stem rust had taken a frightful toll and that the marquis variety of wheat in Canada would prove a failure beyond anyHe said the total thing aver before seen yield of Canada's three prairie provinces would fall well below 295000000 busheli of millable wheat Numerous recent forecasts have indiA handicap cated 350 000 000 bushels however to friends of higher prices was that the Winnipeg market showed a to drag with new export takings of North American wheat amounting to little At the close Chicago wheat futures cent higher compared with to were 6344 ft Wednesday's finish September corn 4 65 7 ft 66c December 631ac cent off to H cent up September 52c oats unchanged December 48Lfr-f- t 48fiifc cent off rye ary lng from Mi cent to cent advance and provisions decline to down 7 to 15 cents " 03 24 00 44 03 02 Chicago Grain y :01 2 - Cnn Prince Rico 83 000 Ron slonArgentine Total slock sales Thursday Coalition Total shares vear ago 1P8 500 shares Stiver King Coal year ago Silver King West blind sales Thursday S10U0000 Silver Shield $1104 000 Silver Standard lloux Mines ?n Iron Blossom South Standard Swansea Con CHICAGO Aug 18 (AP)— -- Authoritative Tar Babv Central reports that the Canadian crop has been Tintic greatly overestimated gae Chicago wheat Tintic Lead were 04 22 174 01 054 55 004 124 Mines Plutua were up ft 99ft 27 ft 24ft 31 $3 ing Oct 78 62 ft CHICAGO Aug 18 Hogs Dec 69 ft —Receipts 12000 including 2500 direct Mav V — slow mostly 5ft 15c lower than Wednes-Jla53 Rve 15ft 424 average practical top $9 00: small Sept lot 43 Dec 13 6: GCALn 628 58 Ger Govt 5 fts 65 do 78 49 GCAPJap 7s 44 Japan 6 fts 54 do 5 fts 65 KAT 5a 59 ct Min G 6fts 59 N 8 W 5s 57 Norway 4s 63 Orient D 5 fts 58 Poland 8s 50 R de J 6fta 53 Tok C 5 fts 61 Tok El Lt 6s 53 Yoko 6s 61 6 11 Plumbic up half cent Utah Consolidated to 1 off a quarter cent and West Toledo to I1 off a quarter cent Stocks selling at unchanged prices were Tintic Standard at $5 Silver King Western at 36 cents New Quincy at 6 Bullion at 4 Columbus Rexall at 3 and Howell at 2t Utah Power and Light $7 preferred declined tp $42 off 75 cents sv Quincy v s’orth 00(5 Baltimore A Ohio reported for June net loss of $834764 comtHT'd with net iocs of $97535 in June 1917 Net loss for Aur 18 (AP)—Cotton NEW YORK six months totaled $11741 30S eomparid few points Thursday under sllchtly with net income of 511756 tor the like eased asouthern hedging and a little Bombay larger period in 1937 Although unfavorand Liverpool selling advices able crop gained attention buyers Louisville A Nashville reported June net loss of $63353 compared with net income were reservedsold off from 8 55 to 8 31 and Deccmer of $624 653 for June 1937 For six months net loss was $1 125501 compared In mldsflemoon sold at 832 with prices with net income of $3895090 for the 1 to 2 points net lower first half of 1937 Midcontinent Petroleum company and subsidiaries reported for the June quarter net income of $574264 after rfearges equal to 31 cents a share compared with $468-31- 0 or 25 cents a share for the precedshare ing quarter and $1 860 735 or for the June 1937 quarter Propertes are In Oklahoma Kansas Texas and New 8 2 h 1 cents Eureka Lilly opened at 46 cents off 1 and declined to 45 Prince Consolidated yielded to 56 cents off North Standard Ohio Copper Park Bingham Park Citv Con Park King Park Konold Park Nelson Park Premier Park Utah Ploche Bristol Quotations 18 5 94 FOREIGN BONDS (Sales in $1000) Investment Earnings Reports 104 27 12 Naildriver New Park New premier Livestock 97 9 10321103 I - higher at 164 25 Lead Magnolia Mammoth Miller Hill Miners Gold Monarch Missouri Moscow Mt Citv Copper View Mountain 8 3s 3s 35’ 02 01 ‘4 01H 02 As Ifr Leonora ittle Mav 100 100 Affiliated Fund Inc with net profit of $2088000 equal to Amerhan Bus Shrs $111 a common share for the first half Bullock Fund Can Inv Fund of 1937 Corporate Trust doAA Associated Gas and Electric company do AA mod whose subsidiaries control operating units Shares Dividend 6200 communities the reported for serving Investors Inc Fund 12 months ended June 30 consolidated net income of $88139 after charges compared Fund Trust Shrs A do B with consolidated net income of $2072034 in the preceding 12 months The figures Maryland Fund included results of new properties oinv Nation votWide Sec do from dates of acquisition Quarterly Inc Shrs Inc Southern railway has reported- - pet Joss Stand Util Tr D for June of $690891 compared with bet Super E ofL Am A P A loss of $208 002 in June 1037 Net loss U 8 B do $3862-64six mouths ended June 30 was for do vot a t compared with net income of 1722-19- 9 or the firiibalfol 1937 — M’CONNKLL Refeier in Bankrupt' y Lake City Utah August 17 4185 NEW YORK Aug 18' (AP)— American Locomotive company and subsidiaries Thursday reported net loss of $841657 for six months ended June 30 compared NOTICE T MONTREAL- - Aur 18 (AP)— Silver — Closed 5 points lower Bids — Au gust 42 40 September 4215i December 931414- Stockholders' Meeting Daylight Special Mining and Milling Company and Boird oi Directors Notice Ii hereby given of a epeclal meet-ln- g of the stockholders and Board of Directors of the company a Utah corporation to be held at the oflice of the company 15 South ThirdEast street Nq 8r Salt Lake City Utah on the 1st day of September 1938 at 2 p m of said day The purpose of said meeting is to authorize giving a lease with option to purchase to the United States Smelting Refining and Miuiug Company and to authorize the proper officers of said company to execute the necessary instrument of conveyance and to do all things necessary and Incident thereto Dated Salt Lake City Utah August 17 1938 M A SAWYER (Signed) Secietary Daylight Mining and Milling Company By order of the president ALMIRA L SAWYER (Signed) President of the Daylight Mining and Company Milling T fu- Montreal Silver Krt-- aid meeting l0d (Equha-len- t off Bar sliver — 42 55 cents ) Monev — per cent rates — bjiort and three month Discount 6 bills per cent 18 LONDON (AP) — Corner-Stan-dard Aug spot 39 pounds 13s 9d future 39 pounds 18s 9d: electrolytic spot bid 45 pounds: asked 46 pounds future 394 Tin — Spot 193 pounds pounds 2s 6d: Bids: Lead — Spot 14 poundr — Zinc Spot 12 future 14 pounds 3s 9d pounds 16s 3d future 13 pvounds is 3d NEW YORK Aug 18 (AP) — Copper— Steadv electrolytic delivered Connecticut llev 10 125 export 10 03 spot and near-b- y Tin — Barely steady 43 00 forward 43 05 490 ? Lead — Steady: spot New York 4 95: East St Louis 4 75 Louis — St East spot and Zinc Steady forward 475 Pig iron aluminum antimony quicksilver nlatinura and Chinese volframite— Chicago Man Elected IN— THE esDISTRICT COURT OF THE United-StatTof the distiTdroTUtali In the matter of Eugene Grant In bankWhite voluntary bankrupt ruptcy No 15015 To the creditors of Eugene Grant White of Salt Lake City county of Salt Lake and district aforesaid a bankrupt: Notice is hereby given that on the -- - 9fa-d- av of August A B 1938— the Mid Eugene Grant White was duly and that the adjudicated bankrupt first meeting of his creditors wUl be held at the office of the undersigned 424 Reason - referee- - in bankruptcy Salt Lake City Utah on building at the 9th dav of September 1938 at which time the 10 o'clock a rn said creditors mav attend prove their claims apooittt a trustee examine the bankrupt and transact such other business as mav properly mme before 5d $31 78 ) were Sherwin-William- s Northern States Power “A” American Cyana-mi- d ’’B’’ and Lake Shore Turnover totaled 83000 shares against 94000 Wednesday tables having the peeling removed 4s Pac G&E 4s 64 Pa RH 42s db 70 pected to be discussed was postponed indefinitely Curb shares were narrowly irreg ular Aluminum Co gained nearly a point and others ahead small frac tions were Niagara Hudson Power American Gas and Electric and Consolidated Coppermines A bit lower TO ALL WHOM IT MAY CONCERN Be it known that SANITARY FOOD PROCESSING COMPANY engaged In the business of removing the skins or peelings from potatoes apd vegetables through a patented process with place of business located at Seattle King Is the exclusive County Washington owner of the trade-nam- e and trademark as follows: and or FLAME-PEELE- D as used in advertising and on labels boxes and containers to describe potatoes or other vege- 3s A N Central Pennsylvania Great Northern Boeing Eastman Kodak Anaconda American Telephone Standard Oil of N J “Caterpillar Tractor General Electric and American Smelting Douglas Aircraft dipped 1 8 to 47 8 as the directors’ meeting at which the dividend question was ex- Vi 2olOO 61 Nat Dy ww Nat titeel 4s 65 NYC rtg 5s 2013 do 42 6 2013 A Down as much as a point or more Bethlehem Steel Western Union Consolidated Edison N Y nounced 46 528 50 Mo Pac 5s 77 F do gen 4s 75 Mont P 34 a— 69 were DETROIT Aug 18 Hupp Motor Car company announced Thursday that its board of directors had elected S L Dav-i- of Chieago as president to succeed Tom Bradley resigned Davis immediately ann nounced the appointment of de Vaux for rhany years active in Pacific coast automotive affairs as general manager in charge of operations The election of De Vaux and Edward Rothbart of Chicago as member of the board also was an- 4s 45 MckTr N- Kentuekv-Uta- j J k L Kresge at 37 3 107 10 97 23 100 99 30 Keystone alteside Monarch Lehi Tintic Issues Mixed Consolidated Edison Shell Union ai 104 44 i! Howell Indian Queen Kennebec 4s 93 T oi4a Fureka Bullion Fureka Lilly Con ureka Mines Eureka Standard Gold Chain Grand Deposit Great Western Horn Silver Among some of the most ective rails Southern Railway 4s dropped were '4 to 414 Nickel Plate unchanged and B & O convertible climbed '4 to 15 Of active industrials Armour of Delaware 4s of ’55 were unchanged and Bethlehem Steel 3I4S lost 8 at 1104 931 93 Vi J 6 —— J 103 7104 611 lniauu SU Int Paper 5s 47 j In T&l cv 44 39) nt 106V4 105 98 61105 1105 09V4I 98 181 14 04 12 05 A flurry in Rico Argentine carrying the stock into new high ground foy the year on substantial volume featured an otherwisedull session Thursday on the Salt Lake stock exchange Buying is based on reports of improving conditions at the company’s property in Colorado The remainder of the list’ was firm price changes being few and small Opening at 17 cents up 1 Rico Argentine advanced to 18 with 5000 shares changing hands - Mountain View equaled its previous high for cents up a quarter9 the year at cent Walker recovered to $150 up 5 cents and Ohio Copper to Mines Empire 4s 14 22 9106All08 Gen M Ac 3s 46 do 34h 51 Goodncn 4Ws 56 Good T&R 58 57 Gt Nor 4s 46 G III 14 21 14 Vi 22 14 do gn lien 4s 96 6Vi 4Cs 6Vi 4V 6Vi 6 Erie rfg os 75 3-- 02 02 10 03 ov Crown Poifit Standard Tintic Coal Utah Fast Fast Fast "a st low-yiel- 4a 'i 10V 32141 33i I om Dragon 9il 57 Can N Ry bOi Can Pacit do 4s perp Ceu Pac 1st 4s 49! P 5s 75 CMSP do aj 5s 2000 i C4MV cv 4 4 i 49 77 C Cl U T Colum G 5s 1961 51 Coni Cred Con EUlfl 348 46 do 3 V 5b Con Oil 328 51 65 Cousum P 4 from 8l B A O -- 8V- 551 ne- k 9'fll 53' 8 121 164 01 Crescent Eagle Cfoff Crown Point 6s 5s 8 014 08 0344 11 01 Combined Metals Comet Coalition Commonwealth Lead and 00H$ (0Vi OFUI 00 13 Chief Con Clayton Silver Con Colorado Columbuf-Rexa- Asked OOiJ Cardiff Cedar Talisman Central Standard In the foreign dollar list Japanese loans showed strength the to 69'i and the 33 33 rising 3 47 3J 2 U up I1 to 53'4 61 6711 56 V 56 U S government obligations were 15H3 112’113V 1U 1U4Mi1031i103’ quiet and irregular closing 11061 14110611106 lower 08M of a point higher to 40 081 14 106il06 m106Vj The rest of the list was dull and more or less irregular in trend Vol17 191 18 M' 17 105i 105VS ume for the day far $3996525 face 31105 411 00 Vi 90 Vi 31 68 66 Vi value compared with Wednesday’s 63 $4977400 9 114ill4Viill4i The Associated Press rail bond 6 92VI 02Vl 92V 3i 78Vit 78Vi 78Vi average was up slightly the utili72 16 72Wi 72 0 81 9 0 ties unchanged and industrials and 3 301 3 3Vil d averages down J of a 9 5 Vi 5VI 5 Vi the 2 72i 72V 72V point each Low Close iSaiesi High - Sudeten 71102 27 10'i 25 102 27 5 104 6 l()4 4 1104 6 b 106 13 106 12 106 13 49-3- 52-4- CORPORATION BONDS (Sales lu $1000) ur German-Czechoslova- LOAN OWNERS HOME 2a 2i Tape Barely Moves With the ticker tape barely moving during the greater part of the transfers totaled only proceedings 446610 shares against 595950 the day before Thursday’s five-hoturnover was the smallest since June 17 just prior to the start of the midsummer upswing The day’s 'trading apathy was blamed partly on mild uneasiness AJta Tunnel Am Met Min Co Heaer Gold Cup BIX Hill MetalsBingham Black MetalsBonanza Mining Hdiatoi Silver Bullion 4'is after showing (subway) weakness gained I1 at 57 other liens showed advances 8 up to 2'j Japanese Loans Strong QUOTATIONS Bid f 3s 5 1441 i 14!-1- 8 18 4 THURSDAY 2s 2s 2s 2s ’fe 20 2' 15 li 33 MAF 3s 3s 48Hl-7- Bnk N Can C A F & F P 3 3 6d 10 17S 10 44 70 17 171) ?(!' NEW YORK Aur 18 (AP)— Following is a list of Thursday's transactions on tha New York curb exchange Close Low High 6 109 27 109 25 109 27 4644 56-4fl 5 113 14 113 14 113 14 1158 6 5 108 6 1108-3s 48-42 108 26 1U8 26 108 26 3 Us New York City to issue I 5 104 26 104 26104 2b permit 24s4653-426 102 8 1102 7 1102 7 S300000000 of corporate bonds to 2 103 24103 24 103 24 60-55 104 8 )104 6 104 6 finance unification 2 4 103 59-54 103 11 103 5 Manhattan Railway (elevated) 4s 47 102 12102 9 1102 9 closed 4 points higher at 31' and B M T FEDERAL FARM MORTGAGE (L and subway) climbed 3 points to 66'i I R T 29107 6 1074 11074 12 3 106 14 106 12106 3s 7s some Sales! Flurry Sends Rico Stock To New High Stock Market Quotations S L NEW YORK Aug 18 UPl— Metropolitan transit issues generally enjoyed an upward ride in the bond market Thursday following news of (Dollars and Thirty-secuud(Sales In $1000) TREASURY —A— Adams Ex Am Am Am Am Am Am Am Am Am Am Am BONDS GOVERNMENT S Transit Bond JV Y Curb Quotations Upswing Features Mart that all bidden may submit wtth their bids a sworn statement of their fitechnical nancial responsibility ability and experience Such sworn statement will be required to ba furnished before award Is made to any particular bidder on form obtained from the Architect Each bid shall be made out on a Archie form to be obtained tect’s oflice shall be accompanied or check by a certified or cashier’s of the amount of bid bond for 5 the bid made payable to the order of the Board of Salt Lake County Commissioners 206 City and County Balt Lake City Utah Building shall be sealed and filed' with the Board of Salt Lake County Commissioners Room 206 Citv and County Building Salt Lake City Utah on or before August 24 1938 at 10 o’clock a m and will be opened and 10:30 publicly read aloud at or about o'clock a m of that day In Boom 206 City and County Building Balt Lake City Utah check- - or The bond shall be given as a guarantee that the bidder will enter Into the contract If awarded to him and wUl be declared forfeited If the successful bidder refuses to enter Into said contract after being requested eo to do by the Board of Salt Lake Coun208 City and ty Commissioners Salt Lake City County -- Building Utah The Board of Salt Lake County Commissioners reserves the right to bide or waive any reject any or all bid informality In a withdraw bis bid No bidder mav for a period of thirty (30) daya the opening after the date set forRAWLINS J R thereof Chairman Board of County Commissioners Classified Display office space 77 STEPS FROM MAIN STREET $15AND BEASON BUILDING 21 EAST 2ND SO WAS 6042 0 FREE LIST -- OFMEMBEBS- - VACANCIES APARTMENT 321 Ness Bldg HOUSE A$SU Was 7429 |