| Show V" w r ’ 8 THE SALT LAKE TRIBUNE And Aircraft Sliares Climb Stock Prices NEW NEW YORK Jan 14 W— The market finished the week with a rallying swing Saturday that lifted leaders fractions to around $ Adam Ex AiMKae1Ju points and a few several notches ' All Virtually all departments partlci pated In the comeback which although relatively quiet was highly encouraging to brokerage quarters which had witnessed an almost decline since the turn f the year The ticker tape moved at a jog during the greater part of the brief proceedings but picked up a little momentum near the close Transfers totaled 46960 shares against 632910 last Saturday Technical Factor Involved Brokers attributed the reversal in direction partly to technical factors connected with the lengthy retreat and the belief of some speculative forces thajfcJaM£et had been "oversold An An II Low H Suj ' 5 1 10 944 34a 14 44 744 27 44 - 1 iS 1 I! compared Com poalta O 1( 27 12 744 j 18H ( 42(1 I li 42 Walworth War Bro 23 23 85 85 :e - ' West 65 14Vk 25t 1944 19 24 I 24 2144 22 31 T4l 9 4 19441 18 194 8 31 31 V 31 88 68 2l 69 7il49 1148 149 3 138 138 138 li 2 3 81 39! 7 181 7 181 2J4 7 181 1 4e3s 1 18 41 38 75 Cent lnd Rayon Inland Stl Inip Cop Inter Iron In But M 1 1 ift 274 27 25 17 25 18 V 78 48 46 44 64 64 10 7 1 52 34 10 J2 IB 20 Range of Leading Futures 710010099 Pi 99 18 50 8 108 II 99 Va 4944 50 108 105 BO 99 &ioo ioo 100 20 19 97 20 97 31 22 97 104104 1107 107 No Am Ed 5e 69C No Pac be 2047 do 4a 07 63 33 57 1 106 12 67 6 83 82 5b 106 66 83 1108 RAN 4s 61 ll!l04 104 104 db Pa RR 444 do cen 70 do 3e 4e 30 108 TJpen 100 99 3 Ore-- 27 44 63 57 66 83 XemRan 81 4 49 11141 2 12 40l 10 19 1 51r 2 68 68 66 60 Bept Oate— May 12 01 100 100 39 39 21 39 21 July gg 27 Sept Soybean May July eRyJuly Sept fa i B41 52 54 lift 29 28 27 29 28 27 03 Un Pac let 4! Utah L A T 5 Utah P A L 6a 44 9105105J 2I100100100 1 01 27 ?? 47 47 7 07 7 25 (AP) — No cash 1 clover seed 15 it 02 00 44 00 4 22 23 14 4 57 19 22 ift 37 15 5 11103 03 03tt 01 17 01 Kennebec Oft 02 05 01 5 75 0844 a 15 it 11 02 19 10 10 it 10 it Si 01 0144 05 05 OlH 05 :dov 53 18 0044 4o 15 01441 01 00 01 00 11 3 90 92 50 1 red 1 15 01 00 02 i it ift 04 50 OOtt 10 Nelion OOH 02 tt OOtt 05 v ark Premier Pbrk Utah i a oo OOtt or Plums :S8 Prince Coif Rico Argentine Rovston Coalition Silver King CoaK 8llver King Weat Sliver Shield 14 Fiber Standard 01 01 12 11 3 90 85 85 85 Q1 1 40 00 1 40 00 14 10 10 08 13 10 44 400 r' 8ATURDAY 1 Sioux Minea So Iron Bloasom 4 South Standard Swansea Cou Tar Babv Tlntic Central Tlntic Lead $ lUttlq— frtandord- Union Chief Utah Con Sug com do nfd Utah-WvCon Olt Victor Con Walker Mining West Toledo Wilbert Yankee Con Zuma 40 00 10 08 SALES 160 at 33c Commonwealth Lead 9X7 at 2c Eureka Bullion 1000 at 20c Grand Depoait 3500 at 4e Prince Con 100 at 40c ftOO Yankee Con at 10c CURB SALES (After 11 a m) Utah Power k Light $7 pfd 1 at $50 50 Kansas City 2ft Ploch Brletol Plumbic Minea Chief Con $450 ® 75 00 Nalldrlver New Park New Premier ’ ‘ NeWhtnncy North Standard Ohio Copper j Park Bingham Park City Coa Park King Park Konold XPark 40 15 OOtt 16 00 00 13 4 10 v DOtt 48 it Lehi Tlntio Leonora Little May Magnolia Lead Mammoth Miller Hill Miners Gold Missouri Monarch Moscow Mt City Copper Mountain View 1 20 75 06 S Unlisted Industrials Produce Markets 6668'tt Investment Companies 13 7 §1 7 2644 24 hi ii'4: tt'4 T? 15 15 183 17 23 13 183 30 3s tt 49tt9 ' 19 33 23 12 15 “! 12 9 24 13 28 !ft TT 2ft 22 42 13 n 20d 51c BAT BAT i 1 2644 80 215: burlap sacks 1850190 Idaho Conservative IDAHO FALLS Jan 14 (AP)USDA)— Upper valley— Carloads f o b cash track to dealers Rusaau U A No 1 a few salea mostly on aeleettd cars lars and washed no generally established market U 8 No 2 olftrlnss light most aalaa 57 o an occatlonal car hlshar and lower Cash ot growers bulk per owtl Scarcely Margin Accounts Solicited - CQMMISSION— ctdtra lilted securities promptly ecuted jn all markets Treasury Report lili car Silver ‘IS Boston Stock List Foreign Exchange cotton sacks 85 per $2 00 Nebraska Bliss Triumph NEW YORK Jan 14 Lead fu cent u 8 No 1 cae 175 Wisconsin tures closed 1 to 5 higher (AP)— Round Whites few sales 122 (pi 25 March 470rMay 472b January 664n U S commercials (110 9122 Ulchlaan Zina future dosed unchanged No salt U 8 No 1 Runet Rural 1259130 (bJ'Bld (n) Nominal 90 per cent North Dakota Bile Triumph U 8 No 1 and better 1550162 Minnecar U Cobblers Montreal I No 1 (135 sota Rea river valley aection Cobbler 85 MONTREAL Jan 14 (AP) — Silver 1 30 buehal per cent U 8 No 1 car Ho salsa dosed 15 points olfber crates Florida Bliss Triumphs U A No 1 January 41750 bid 49 PARK CITY Prtt city Coneolldated 1403 tonJl New B08TON Jan 14 XAP— Following are Park-Mlnloompeny 635 the salea nigh low and closing price! of 3 stocks traded Saturday oa th Boston atoek exchange ISaleal High I Low Close NEW YORK Jan '14 (AP)— The TO 113501 75 North Butt Jritiih I PpMnti itaged a modest rally In term 72 I50T2 of Utah Metal the dollar Saturday after au Irregular drift tower moit of tha weak cent and tha French Sterling advanced riwne added 0044 cent Unchanged war U belga and Swtia franc Qold totaling 12800000 wae engaged In England and S3 600000 In Holland WASHINGTON Jan 14 TAP)— Th poshipment here tha federal reserve bank sition of the treasury January 12: reported 33 10315003 Receipts expenditures Closing rates follow: (Great Britain In 2166031191 balance 3018792 dollar other in cants) Great Britain 31878 Including net 2378 521220 29 work60-d4 87 bllie 468 balance Canada customs lor ing tb month receipt 144 Montreal In New York 9912 New York 9363534 67 m Montreal 1 100 87 16 91 Belgium Receipts for th fiscal year 'alnc Julv 1 a 2 3 43 i Denmark 20 88 S31058668153 83 4843- expenditures Fin aiid 2 08 France 2 63 912268 15 Including Germany 1607437993 23 of x Orsece 4014 19 85 emergency expenditures : excess of expendi 864 Hungary Nether-lan5 28 d 234 Jugoslavia tures 9 Italy 54 38 Norwav 1785244114 32 grots debt 23 50 Poland 18 95: 212543 79 en Increase of 5 303- Sweden 24 06 : Swltierlend 22 80 Japan 523 56 over th previous gold assets day wft’ 2728 Honf Hong 2920 Sbanfhai 69 4tl 97' - 40: ift ?lt 40 96 40 9d Potatoes Guaranty Trust Irving Trust Manufacturers Trust National City BINGHAM United State Smelting Refining and INSURANCE Mining company 6080 ton National Tun net and Mine company 1000 American Aetna Ins s Bmeltlnt and Refining company 990 Com-P!- ? Aetna Life 27 q Metal Reduction company 550 Amar Utah Copper eompeny daily average of 576 Bait Carolina a 8toa cart 28 Frank Fir In Horn TINTIC 3?S Tlntlc Standard and Eureka Standard S3 National Liberty carloads Chief Coneolldated 52 U Warn-mot- h U S Fir 10 U 8 Mines 9 bforth Lily 4: Fir company L!ily3 ytahCentral Clay 1 Mountain Vliw bJ: 12 62c 61e 65e: 63c lll01ll01101 i 27 ld bai: 2ft JVt 25 25 26 32 :$ Metals and Money Ore Shipments 14 Mi 1 4 221 ' 20 5T2 4a 474 161 00 :Si Kentucky-Uta- utftclant trading to represent a ganan market Twin Carloads f fl b cash track to dealers: Rusaata U A No in c mostly 62 S No U 2 5 to (rowan bulk per cwt: Haoc Cash a few 8 mostly ex- aalea No 1 60 0 85c an occaalonal lot hlshar No 2 30c a faw hlshar U A Wool Futures YORK Jan 14 (AP)— Wool top futures were moderately active Saturday under eommlaelon home buying of the March delivery and acattand trade in distant montha Futuna cloaad S point higher to 1 lower March 80 9 May 810 bid July 812 bid Spot standard top S4 5 unchanged NEW Agents Wanted! LARGE EARNINGS S SIS DEAL! Successful reputable and bonded Pacific Coaet sonrern expanding nationally offers remarkable opportueonslstont large earnings to nity capable salesmen who have successfully sold specialties or Intangibles Outstanding E8MKNTIAL copyrighted credit service for business and professional men selling for ealv 61ft guarantees In writing a $100 MINI mum cahh Return to client Acclaimed and approved by foremost OenreMioa authorlti Larue proof repeat bntoess Four sales rifttly Future pavs you $140 weekly cem and nennanenc Snleamanater City and Divisional Wanted Write fully to president Bureau of Credit Control RiveeStrong Bldg Lee Angeleit Californio fr J AJHOGLE & CO Chicago Stock List Jan 14 (AP)— Fotlosvinf It a lit of trauiactiont in stocks oa ths Chicago stock sxchsnge fiaturdsy CHICAGO KttMi'hamS Mimbiii stw roar rroct txaiinct STOCKS fall Ltkt I (sol Ixthmf md tthm txihmitt 1M So Mala Wat 77 Stock sale Saturday 27000 shares iinitoSB tm d A I 4 flv k 1938 compared with 81861 ounces valued at $2865135 in 1937 an increase of 23 per cent Gold from placer operations totaled about 56500 ounces an Increase from 40540 ounces in 1937 Approximately 23800 ounce of the placer gold In 1938 was recovered by nine connected-buckdredge and 17200 ounce! by several dragline dredges in 1937 10 connected-bucke- t dredge produoed 28962 ounce and draglln excavators only 6859 ounces About 30 per cent of all gold produced In Idaho in 1938 was recovered from placer and lode operations in the Boise basin district and KANSA8 CITT Jan’ 14 (4P)— Wheat: 58 cart tone unchanged to Vi lower No No 3 2 dark hard' nom 07 tt 81 Vi 74M 78H No 2 hard nom 67Uft81 No 3 07 tt 70 No 2 red nom 68 9 69 No 3 nom SALT LAKE CITY Close May 65 tt July 64 tt! SeptemBUTTER ber 64 tt Firnt grade lb $ 29 Corn 35 ears unchanged to tt lower 28 Second grade lb No 2 white nora 48tt$50 No 2 nom Sweet cream butter lb 30 47V4049tt lew) (Parchment wrapped No 3 nom No 2 velloW EGGS 474t049tt 20 white new laid No 2 mixed nom 48tt05O No 3 nom Large 23 Large white standard doa 474049 25 Medium white dot SeptemJuly 40 tloee May 49 ckEESH -Xmericir-Sur-ha- re MObine Material 57 ber Tb 716 Full Cream triplets 16 2ft Lockheed Aire Bullock Pund to lower Full Oate 7 care unchanged lb 16tt longhorns 4 3ft No 3 nom Full cream Can Itiv Fund 30 Nlag Hud Pow No 2 white nom 29 17 cream 5lb sandwich loaf lb Nlag Sh Md B 29 28 Corporate Trust 0 18 Full cream 2lb sandwich loaf lb Peunroad do AA Milo maite nom 77 83 18 cured lb western Triplets Premier Gold do AA mod Kafir nom 4 ft 'ft1 46 18V4 western cured 1b Hherwlu-WmLonghorns e 1 41 Dividend Shares 109 501109 Bariev nom 109 22 lb cured Wisconsin Daisies 69 19 111121 J 1213 No 1 hsrd and dark hard wheat 4V Fund Investors Inc dinger Mfg 213 Wisconsin cured lb 22tt 21 20 'lecnnicolor 5 75 to 10 Mi cents over Mnv No 2 ard and Loughorna 2n Fund Tr Shares A 20 United Oaa 7 2 1 B over No cents red do to 16 2 dark hard 2A NEW YORK Jan 14 AP)— Ecgs— Unit L A Pow A 6 38 2 2 wheat 4 to 4 Vi cents oer No 2 red 3 to Receipts Ih 2 Maryland Fund Pacific firm 16700 cases Settlement Weat Air E p 4 cents over No 2 com 4 under to 4 prices at Utah smelters reNation Wide Sec 27 coast aud whites jumbos 1 premiums 41 ported by th American Sraeltina md Re do ot cent over standards DOMESTIC ruttc 4 85c pound BONDS specials 25ttfr26c fining company 12 2ft Inc Shares Quarterly 10 90s poupd (dales In SlOOO) 24ttr25c mediums 23&23ttc copper 63 (cathode) Stand Util Inc Liverpool D Alum Ltd 5a 48 Super of Am Tr CHICAGO Jan 14 (AP)—Ths butter NEW YORK Jan 14 (AP)— Bar ailvar JIIOIIIOSHHOSH U LIVERPOOL Jan 14 (AP)— Spot wheat 8 Elec Lt k Pow A Am GAE 5 2028 — No 1 Manitoba 8a steady and unchanged —Nominal no quotation Russian 4a market Saturday was8408 do B Cont GAE 6a5SA cases fresh graded Eggs— Receipts 111 P A L 5a 58 C Australian St 3d do vot Wheat (uturea closed barely Heady extra firrffc local 19c cars 19ttc firsts LONDON Jan 14 (AP)— Bar Int P Sec 5a 57 E gold bid local ifetti ears 19c current receipts 18e 148e March new March N PAL 6s 2030 B off 1 panes (equivalent to May May naw Nev Cal E 5s 56 July new (3477) -- Produce Jan c 14 LOS ANGELES (AP) 83 Bar illver— up (equivalent to NEng GAE 5a 50 exchange receipts— Butter 381200 pounds Ok N Ga 4 44i51 A 4313 cents) Exchange— 467 cheese 23800 pounds eggs 600 eases Pao P A L 5 55 Butter in built 28c candled large ex PeoGa LAC 4a81B NEW YORK Jan 14 ( AP)— Following Winnipeg LONDON Jan 14 (AP)— Monty— 2 26c same madluma 22c asm amal are the bid and Phil El P furnished par cent Conference Investment Bankers' PAL the Discount rates— Short and 544 49 by WINNIPEG Jan 14 CAP)— Wheat: bills PgS Inc on New Tork bank and trust com do 1 S 05 D Low per cent Cloat High SB PAL 6s2025A NEW YORK Jan 14 (AP)— Copper-Ste- ady pany stocks traded Saturday oa aa 62 62 8 62 May’ Cal So Ed 60 62 62 62 electrolytic spot 1125 export July do 4a 60 10 22 Oct 62 62 63 BANK AND TRUST Utah PAL 44 Tin — Steady 46 60 Wheat — No 1 northern 59 e No spot and near-b- y Chicago West N U11 6s 44 forward 46 80 56 c No 3 Bid Asked PotaWio PAL 4a 68 A Jan 14 CHICAGO Lead— steady spot New York 485 0 Oata— No 2 white 29 o: No 3 28 He — on total toes track 281 Bank of Manhattan 490 Esst St Louis 470 Receipts US Total etork salra Saturday 89000 U 8 ahlpmanti 661 : supplies rather liberal Zino —Steady East St Louis spot and year Bankers Trust demand very slow dull with'allghtly weaker forward 450 J01001 22 775 total bond salea Saturday Central Hanover BAT Rua-e000 year ago 8741000 : t cwt Idaho undertone Sacked per Chase National Plf iron aluminum antimony quickBurbanks U 8 No 1 few aalea $1 SO silver platinum and Chines wolframite— Chemical 4 170 Colorado Red McCluree U 8 No Unchanged Continental 4s 49 102 18 6 03 01 Lakeside Monarch 02 0044 00 15 nti Trading lower basis unchanged Quotations 3 28 dots No 3 white 26 Barley 33 063 y 046 Rye No 21 53 11 92 02 00 Flax No 8wet 01 m Horn Silver Howell 4 734i&74 No 18 01 Premius: 13 protein 16 pro 16 tein Montana 0-additional Fancy No 1 hard Montana 14 per cent protein 7844 79 H No 1 dark hard or No 1 hard Mon tana winter 7l& ff73ii hard amber durum No 1 63$77Tfc No 2 61 No 3 59 ® 03 59 Cora No 3 yellow 45 048 04 02 01 6 75 06 28 73: durum 1844 02 01 6 32 6 92 2 19 02 05 28 6 32 6 en 7 OT T 25 No o4” 1 25 6 33 6 87 7 12 7 30 74tyf76 71 073 14 15 05 tt li Crescent Eagle Croff Crown Point Dftton Kast Crown Point East Standard East Tlntic Coal East Utah Empire Mines Eureka Bullion Eureka Lilly Con Eureka Mines Eureka Standard Gold Chain Grand Deposit Great Western 03 3 1 20 5314 54 Minneapolis 3 74 Combined Metalt Comet Coalition Commonwealth Lead 02 20 33 1 25 44 MINNEAPOLIS Wheat Jan 14 (AP receipts todav 169 cars compared with 60 a year ago Trading basis unchanged 1 Vi lower Cash: No heavy Quotations dark northern 764fe ®T7 : darkn northern: No No 33 75 04 02 10 Keystone No 2 mixed 52 No 1 yellow oate No 1 mixed 32 53 itmple grade ixed grain 26 No X white 3JVi toy bean$ No JJ yellow 85 50-65 nom: 1111 Barley Illinois malting nom rve No 2 SOH nois feed 35-4Timothy eeed 12:65 3 15 nom: red clover 613 00 1600 uorag red top $8 75 0 25 nom fikelly Oil 4a 51 81 Sou Pac do 4 41 Ore 77 Std Oil N J 3a 61 Studebak 6e cv 45 45 2i 29 Cotumbus-Rexft-l! 9 $3535000Jn Oft Chief Con Clayton Silver Colorado Con 02 10 16 02 tt V —-- 60 Corn -- 8- 35 30 03 52 47 14 03 Utttt Cardiff Cedar Talisman Central Standard - - metals in 1938 decreased 24 per Most of th decent from 1937 crease In value was in lead silver and sine and resulted from a combination of lower metal prices and curtailed production by the larg mines in th Coeur d’Alene region Gold Output Increase The output of gold in Idaho was about"1010(Xrfiii'e Ounces Valued at" 08 01 00 07 02 10 The total value of th 1899 01 Bullion 01 16 03 01 00 00 46 Jan CHICAGO 02 02 10 02 00 00 46 47 47 48' wheat do 68 68 88 69 53 46 8 35 8 95 T 12 7 27 -— 30 10 16 02 Am Met Min Co OOtt 35 30 s§ 02 83 83 46 47 484a May N Y Bank Gearings 'r 63 "1 $37840184 in 1937 The output of silver decreased 264000 ounces 986639 copper pounds lead 26422000 pounds and zind 21398000 pOunde Gold production increased 19139 ounce to Asked Bid Beaver Gold Cop Big Hill Bingham Metals Black Metals Bonanta Mining Bristol Silver ?ft 00 02 52 52 44 54— 00 00 “Cioe‘ 68 68 68 80 Cosh Quotations 471 441 e 6 6814 68 68 69 52 53 July July 4s 4S'e Mch May Meh May 544 a 54 Rap Steel 4 Vi 58 10 12 July Sept Cora— TO 3i A B $ tow “HlgB" Wheat— Mch May 87 Phil Elec Port GAE 4 44a 60 Postal TAC 6a 63 87 Vi 00 J oog LISTED - STOCKS Alta Tunnel Low High 01 0044 07 lc 108 106 4£ 7d a 100 27 40 13 324 Wer-W- Of arjLead 55 Hi 534a “ 1T9179 744 224 4 Phelps Dg Philip Mor Phillip Pet Pitt St pf I 95 l§i 5110 West Week Low 2l 111 U Metal mines in Idaho produced In terms of recoverable metals gold silver copper lead and zinc valued at about $28742000 in 1938 according to estimates Jjy the Salt Lake City office of tb bureau of mines United States department of the interior Tha total 1 a decided drop from the comparable figure 3642 2 I 214 23 5e i?4 109 4j 73 9104 O 7l 10l 7 21 80 34 Heckfe —I— 3e 51ww NatDy Nat Steel 4a 65 NYC rfg 6a 2013 do 4 44! 2013 A Year 01 8ol ‘ft 22 22 Hero Pow Hoi Furn ' Home M Houd Her B Hud Mot Hupp Mot !0 12! 46 SI 29 61 Inland 8tl Int Paper 5i 47 46' Loew's Mo Pac 5s 77 F 66 Mont Pow 4a 5a 6e 1 1 Ot W Bug Orey Corp 102 25 99 29 731 974 13 97441 97 do 4 48 58 Belgium 8e 53 17 5 18 Chile Te 42 51 21 HI 21 NEW YORK Jan 14 (AP)— Following Colomb 6a 61 Oct 51 94 94 44 62 la a Hit of baiurday's tranaactlona on the Denmark French 7 44 41 New York curb exchange 61 21 21 65 Ger Govt 75 5 75 STOCKS Italy 7e 51 54 1 81 81 (Sales In Hundreds) Japan 31 99 09 994 N So Wales 5l 57 ISaleel High Low Close Norway 4s 3 21 68 68 68 52 a '644 Rom Alum Cu Am i 120 1115 31 55 55 11204 Tokyo “11 Lt 6a 53 Am Cyan B 26 26 6a 61 15 55 Hi 554J 55 Yokohama Hunker rilu A S 16 3 13 Carrier Corp 11 18 3554175 18 Totnl ealca Saturday ld Cities Service 4365 7 4 7 7 day S3 685 500 weak ago do pfd 2 48 ox 47 48 000 year ago 3806175 two years ago Coils Pat F 75265 1 to data 8 855000 80 85 ll January Cot G A E pfd 261 t8 100 year ago 76201175 two year ago 58 I 58 Comw A So war 195337000 Cone Cop Mines S El Bond A boar 11 do pfd do ho pfd Elec Snare Fisk Rubber NEW TORK Jan 14 (AP) (Invtitmtat Ford M Can A Bankars Confer$nc Inc)— Gulf OU Heels Min I t Asked Bid Humble Oil 4 37 Internet Pet Affiliated Fund Inc 76 I 4s Curb Prices 36 1 Year High 00 0044 CHICAGO Jan 14 (AP)— Good rains In soma section! ol tha domeetic winter wheat bait helped to reduce wbeat price the paet week and tha market relaxed Into a rut of narrow fluctuations due mostly to tha shyness of apeculatlve Interest Flour buatneas dropped oft aud while th pit absorbed buying believed to reflect Indirectly ealee to mills and to exporters quotations slipped to the lowest level of the new year or about 3 cant balow tha high! of 10 days ago Before the opening Saturday wheat waa c to 14ic lower than a week ago and c to corn was lc to c rye oata c and lard c to 25c to 30c lower Rains In moat districts of tht Argentine corn belt relieved tha drouth there and to deollnt at Butnot Aires caused price and Chicago "Z 22 21 19 Zenith R W Pac 1st 5s 46 18 1BI 62 W Union Si 61 Total aalea Saturday 469630 pravl OU! day 843780 104 weak ago 632010 year Young BAT 4i 811 104 3 105 two year ago 1705240 ago 737810 FOREIGN BONDS January 1 to drte 11212840: year ago (Salea In 51000) 21 96 98l Antwerp 6e 5855 Auatralia 5s 8lp0ll004 U 33 76 4a 3! 3l I 324 37 2844 7t 87 U West EAM "feat EAM hits Mo Wilson A C Woolworth Wrth PAM Wright As Tei TAC Touug 8AW Toung SAT 13H CMBtPAP 5175 do ad) 6a 2000 49 CAN W cv Clev El 111 Clev UT 4 44a T7C Columbia O 5a 61 Com Edla 3 44 a 68 do 46 - ' 56 do 34 65 CoinumP do 56 Goodrlcn Ot Nor 4s 46 O I 111 Cen 66 Wee Q AJ Weal uti T 4 C Can Pac 4a pai Can Pac let 4a 41 6544 Walerean pf ww 34 63 14 6 26 high-grad- Chicago Grain -- o-6! 48 97 52 8 176 pf 2520420 2326257 65 260517277 150 45912 441642621521 9 ft 22 19 II 24 18 22 30oo7300OO 7 5 3116 3a do 3e Bklyn MT 4a 86 66 52 Erlo rtg 5a 75 do gn lien 4e 66 a Q M A C 3a 46 11H Vanad Cp 10T 3( HfciL' 18-4- do 1 pf UB8RAM do pfd U 8 meet do pfd Beth Stl 4 44 eJtQ 3s 18 ‘ft 65eU 8ft 12 12 38 38 2944 I r S :ft 44 T 103 15 bid Friday's ben Same day last: year Saturday's bank elearlngfl ami day last year I eek'a bank Clearings week lost year 88 53 1144 (1926 average equal! 100) it : 90 hold close S L Bank Clearings debit 49 8 9 - i8r Commodity Index 1 3ft 13 16 13 744 1344 Ohio Oil Oliver F E Otis Elev NEW YORK Jin 14— Tht Associated Qtt Steel — r— Press weighted wholesale price Judex of 85 commodities Siturday declined to 6638 Pac GAR previous day 0649 week ago 6680 mouth Pack Mot Paraf Co I go 66 32 year ago 8710 Para Pie Range of recant years 1938-3- 9 do 1 pf 19o7 1938 1933-3- 5 74 37 do 2 pf 78 82 89 22 98 14 High Low 63 86 73 85 7131 4144 ark UCM i 544 ' 45 5 31 8 25 3 13 16 49 t'4 8c tn W'fi ft 45 1T3? fancy 1844 & 19c Peaches — Improved choice 8 (4c aholce fancy 8 A c — loose muscatels Raiatna Improved Mac choice to fancy seeded 6444)8440 — eeedleaa 544c Figs— Quiet California fancy black mission 744c Adriatic fancy Sc l&l -- 1 7 5?tt NEW TORK' Jan 14 (AP) — Evaporated plea— Quiet standard 7 ® 7 44 q choice extra choice 8(4® 8 tic Prunes — Quiet California 30-4- 0 30--4 0s Oregon ' Apricots — Strong choice 16c extra V 38441 19 2 48 12 38 44 44 10 ifti: III ml TVbie 45 105 10 88 15 108 do nk ft 2844 17 28 44 14 25 103£ more 10644 Anaconda 50 Arm Del 4a 65 A T A 8 F 4a 95 -- B- j 28 17 11 2 63-5- 8 3s 4i ft 2ft 1944 9 NEW YORK Jan U Shd dsfaultsd railroad loans market to higher levels ld ths bond h some of the carSaturday-witrier issues marked up a point or Mining issues slid lower jlaily throughout the past week on fhe Salt Lake stock exchange continuing without interruption the hu been in progress since the turn of the year- Trading was fairly broad em- bracing 48 issues but volume in ver at 30 off 3 Eureka Bullion a't individual Issues was email- - Sat 20 off ‘8tt Comet Coalition at 18 urdaye short session was the dull- off 1H New Park at 15 off 1 est in several yearn only four is- Rico Argentine at 15 off 1 Tlntic sues Selling in board lots and dol- Lead at lltt off 1 Yankee Conlar volume amounting only to solidated at 10 off 8 Ohio Copper K8134 at 10 off 1 and Grand Depoait at Mountain City Copper void last 4 off L at 3973 off BO cents on the Week Stocks closing fractionally lower Tlntic Standard eased to a new Included Combined ’‘Metals at 1014 1938-3- 9 low at 3390 rallying to close cents New Quincy at 4 and Coat $395 with a net losa of S cents lumbus Rexall at 2 Walker sold lastatL $L40Dff 2 44 Mammoth traded-last-afr $125 up cents rSorth Lily at 64 cents off 1 5 'ents Bingham Metals at 12 Prince Consolidated at 40 off 10 cents up i Park City Consolidated Chief Consolidated at 35 off 4 Eu- at 16 up a half cent and Mountainreka Lilly at 33 of 3 Clayton Sil -View at 6 up a quarter cent ' 443 17 Dried Fruits Hops 18c 1 65-6- 0 Am TAT 544a 66 do 61 19— 1944 28 18 27 Bolsters Rail Bonds 3s Tract NEW YORK Jan 14 (AP)— Sugar waa raw and uturea markets Sulet In both Interest waa restricted by un regarding certainty Washington quota policy and possibility of Cuban tariff changes In the No 3 contracts Cuban offerings Offset trade covering The world contract Was completcly-neglccte- d aa traders awaited Word of the London sugar council’s position Concerning new wocld quotaa Closing Bids Ware off point Raws wera unchanged with Cubaa available a point or so below a nominal quota tion of 283 cents for duty paid Refined remained at 425 to 430c Futures No 3 closed unchanged rotnts lower Sale 450 tons May Obolce 2s 744 944 1(44 14 UPi— Indus- 505c 69-5- 6 32l 44 Sugar Market 8e 38441 10 1344 R K 0 Rem Rnd Reo Mot C Repub dtl do pf A :ey Tob 9 $ 28 JJn Automobile prod Steel mill activity Cotton m(g activity 115 9 114 9 S2 7 Electric power prod 1172 119 3 105 Residential building x92 8 90 6 60 Total carloadlnge 663 671 013 SNaw 1938-3- 9 high lt7o 3ft J0 Ale Int Harv Latest Prev Tear In H E A week 'ek ago 92 0 92 5 74 4 In Nkk C S3 2 932 80S Int 8hoe 73 S 73 1 373 la T A T Index 1344 7 201 2l 581 as follows: 84-8- A 25 72 1744 15 to Its recovery high of early December this week although major industries reported diverse trends The Associated Press seasonally adjusted index stood at 92 per cent of the 1929-3- 0 average compared With 025 the week before and 744 last year The recovery peak— 94— was established six weeks ago This week’s setback resulted largely from declines in steel mill Bak operations and railroad car load- Oan Oen Cable Elec ings Demand for steel shares Oan Oin Food! trade analysts said reflected a wait- Oan Mill! Mot ing tetndency among leading buyers Oen Ry 8 especially in the miscellaneous Oen O R A U field Oen T A R 8 Raa The slump In freight loadings was Oil Good B F the result almost entirely of a drop do pfd in coal movement The major in- OTAR P dustrial classification— miscellane- Orabam Oran C M ct ous freight— did considerably better OtNIrO Ot N R 100 113 44 a 6 52-5- 1544 Trade Levels Dip Slightly hs a 98 95 40 60-5- 5 It 0 of (I 13 moving up to a nlne-yea- d peak Principal consumer lines cotton manufacturing and electric power output pushed ahead as demand perked up The Index with its seasonally adjusted components based on latest available data and with 1929-3- 0 as 1 e!5f 47 PutitjMBttk ill si'4 Residential construction resumed 54 85 iii44ii4il49 65 e 9 Pullman Pure OH ft 1 I "g Idaho Mining Yield Shows Bi" Decrease L Mining Issues Drop Steadily for Two Weeks S Introduction of the Left bill In congress providing for a wide plan 3a 4846 of rehabilitation of the lines’ 2 47 5148 a finances encouraged - purchasing 2tt 48 2tt although trading waa at theslowsst 2tt 6349 2tt paca sines November 28 a 2tt Gains of fractions wera recorded 3s 6651 a 244 e for industrial corporates r and U S treasury Issues tended 2A to advance slightly The foreign FEDERAL FARM MORTGAGE list was narrow and mixed New 21107 141107 141107 14 York traction issues improved by 4107S l07 S 1107 6 wide fractions HOME OWNERS LOAN Transactions totaled $3554170 3 102 16102 1810216 face value compared with $4365-00- 0 11075 107 6 1107 6 last Saturday CORPORATION BONDS Gainers among industrials were I Salas In 11000) Bethlehem Steel at 102 il In8ates High Low Close ternational Telephone— 6s at -- A Loew’s 3tts at 100 Remington 81 Allegh cv St 44 Rand (!4s at 103 and Utilities Power do 5s 80 at 36 — AroAF P 5a 2030 - 61 k Light 5s at 68 6 1 20 Bald Loc ct Balt A 0 do pfd Bar Aaph Barna Oil “eld Hem en Avlat Beth Steel do 5a pfd Bew Km Boa Alrpl B A A Br Borden Co Borg Wern Bridge Br Briggs Mfg Buc Erie Budd Budd Whf ' recent-mont- 1939 high 1 9 3 9 low 1938 TugS 35 1937 1937vlow Low Last High 11107 T 1107 T 11077 9 110 6 1106 3ill0 1 114 23114 231114 23 6 107 11107 11107 11 3113 23113 20113 23 31109 3 109 3 1093 11102 13102 1310213 411(15 31 105 31 105 25 105 13 105 13 105 3j 69 102 28102 28102 28 50102 301102 30 102 30 104 12 66 104 14104 3 107 14107 14107 14 3104 26104 23104 25 301103 20 103 201103 20 4102 301102 291102 30 52103 1 103 001103 1 ajii'jY tt 5646 36 Induet ft ft Pac TREASURE Salaa 31 39 23 744 Electric Bonded Share was a atrong performer in the curb getOthers in ting up 1 4 to 11 the advancing column were American Gas Cities Service Lockheed Grumman and Gulf Oil Sales of 89000 shares compared with 119000 ' A week ago niitll j tot — i— — T I — (Uaiaa In $1000) liiSr Jltlle ft shares seasonally expected (Dollars Close High 148 41) 14701 148 £6 up 174 3tt 41 32 00 3148 up 1 01 4644 23 65 22 85 up 4a 5444 9043 up 11 45e Bond! 7i 4744 21 3744 l! 90 22 153 1 8844 30i 1344 li 6 11 D Government bonds and 8 U (Furnished by J A Hogle It" Co mittlMr sew York Stock exebante) 31"319H 2 3 2 2 Steels paid scant attention to fore- Cbu — casts of a smaH-dro- p in neat wash's £f-mill operations The outlook for Cat this Industry was thought to be favorable after January Motors made a tardy response to an increase in this week’s automobile output Aviations again were taken in hand as profits prospects brightened Expectations congress would pass relief legislation for the railroads in the near future propped than CIOs! f Chg 2 183 183 1044 - 944 434a 43 3 1644 1 64 4 98 97 4 C NEW YORK Jan NEW TORK Jan 14 (AP)— Following are Saturday'! blah low and Closing prices of bond! on the Naw York atoek exchange and tha total aalaa of sack bond Averages Nil Ill51 American Telephone was idle until the concluding few minutes when It ran up 3 points to 153 a hew 1938-3- 9 peak Others conspicuous on the forward tile were U S Steel Bethlehem Youngstown General Motors Chrysler Santa Fe New York Central Great Northern U S Rubber Montgomery Ward Douglas Aircraft Sperry Consolidated Edison North American C Anaconda Kennecott Westing-hous- e Bullard Bulova W Du Pont Philip Morris and Burr A M B A M Co Cluett Peabody CafTd Outlook Better Steel Cal A Hec trial activity continued to s Low An C A F An C Ai Am C I ISaleij High if Bk Can Dow-Jone- STOCKS (Sales In Hundred!) Corp carrier Bond Prices Jan 14 (AP) renewing la a tabulation e( Saturdays stock trana action! on tea Naw York ttoek axehansa: TORE Stock U JANUARY 15 1939 RelieL Bill N Y Stock Exchange Quotations Steel Motor W"W UJH BTisldOver Wide Front Alter Frolonged Slump Blocks Rally 5 SUNDAY MORNING W‘XT- -a et ths output from this district in- creased from 25653 ounces to30000 duhceTtil933"Dtli e? lm- areas-Wer- e portent the Marshall Lake Middle Boise Warm Springs Coeur d’Alene Yellow Pine Ten Mile Ramey Mineral Hill Orogrande and Pratt creek districts y Big Producer Curtail The output of silver in Idaho waa about 18601127 fins ounces valued $12024971 compared with ounces valued at $15151137 in 1937 a decrease of 5 per cent in quantity and 21 per cent in value Virtually all the large producers In ths Coeur d’Alene region reported decreased output However a sub stantial Increase ww reported bySnyder Mines In©' operating ths Triumph mine near Hailey and by tha Polaris mine near the Sunshine The Sunshine was by far the largest producer The output of lead end zino dropped eharply— lead 13 per cent in quantity and 30 per cent in value and zinc 20 per cent In quantity and 40 per cent in value Lead production was about 181000000 pounds compared with 207422000 in 1937 while zinc was about pounds compared with in 1937 at' - T &sT Earns $217 Per Share A NEW YORK Jan 14 OR— American Telephone & Telegraph company for the three months ended December 31 last Saturday reports net income of $40487000 after charges equal to $217 a common share against $47772406 or $256 a common share in ths like 1937 quarter The company said earnings for ths month of December 1938 were "partly estimated" For the 12 months ended December 31 last net Income was $152 037-0after charges equal to $814 a common share against $17934815 or $962 a share in the preceding year Oppose Tax Diversion BOISE OP) — Diversion of gasoline tax funds to uses other than highway construction and maintenance was opposed by members of the Idaho branch of the National Highway Users’ association at a meeting here it' Cotton Market NEW YORK Jan closed near tb 14 (AP)— Cotton ftp-tu- na day’a beat levala and net higher Saturday after - to 10 points morning of narrow pric movement! S In July thd October’ broadHedge preeeur ened in th last half hour but waa ab sorbed by commleilon house buying and intenata bidding by trad Liverpool off-tain forward positions wae a factor Futuna dosed 6 to 10 point! higher Low Last High 8 38 8 33 n 38 January March 8 43 8 36 to 8 43 8 16 8 12 May 8 15 7 92 July October 7 52 December 7 56 nNomlnal Spot nomlnalpmlddllng 92e Davies Badger & Go Member Salt Lake Stock exchange 23 Weat 2nd South Was 7029 NEW YORK STOCKS AND BONDS Fait connection with all market! WILL SELL 1000 Ashley Valley 1000 Big SIX OU 1000 Bingham Development 12 I 01 01 15 Colonial Holding Unit 1100 Moke Bid polonlsl Perm Res Crane Creek 011 04 01 Dead Cedar 03 Diamond OU 0090 Frisco Btlvsr Lead Crimea Homeitake Mereur Deratj 05 05 Queen Esther Ban Frenclaoo 00 Sacramento Gold 07 01 Paclflo Con Tinttc Outpost 02'! National Treasure Make Bid 100 1000 2000 950 250 1000 3000 ' 1000 1000 1000 2000 1000 2000 2000 Utah HUta 2000 Utah Metallic - Magnsm 1000 Union Associated 00 07 02 WILL BUY 2000 100 2009 5 2000 1000 Golden Enalgn Koyle Madison Minea Pacific Nat Life Treasure Gold Tlntio Ophlr Offer It Offer It Offer It Offer It Offer It Of tor It ) j |