Show - 'qv v- - 4 vo-1 — - ----- - 20 Tnesi 4ty Morning Late 77-Zb- I LI n e uces Losses Stock Prices Sinall-Gii- -- Political 'lope Laos Under A Air gedue Alaska Ju NEW YORK Oct Zris Amerada Am 8 Note A atock—rnarket st eign news Monday but steadied in the closing hour After a downward drift during the greater part of the session a little buying support came in at the last and initial losses running to a point or more were reduced An assortment of modest-- gainers also was in evidence The early relapse was unaccompanied by any real selling and ac- °ATI - Beech-Nu- I Business and Mining Notes C & Ohl° Chas Cp Chrysler Congol-N- C-- 41 cp-s- g Eaton 6 1684 ij 1P4 131 4 11114-W- I1 ?? 4 1 ?LA 6 8 4 1 114 612 874 9 - 9 19 1 4 1 1 3 55 3 4534 2 34 6 31 6 1 2114 Ail 27414 4 107 23 5 9 17 8 14 A 6 4 31 t 38 3812 1814 13 43 43 3g 2141 21Z 2 5 3 412 15 28 2744 4 11 734 1 16 7 5 3 34 Vs 12 14 IA - - II 13 13 314 14 - li 34 36 2 351s 6140 36 f 45 2 1 44 22 15 155ii I 5 34 30 16 8 34 16 33 fl 8 4 2 64 9 2 1s 4 6 74 44 - 4 - - 44 22 15 16 34 - 11 12 3 14 12 8' 3 141s 121 13 584 1814 5 3' 15 26! 2! 5 15 281 4 1 IA1 2741 14 41- Hou4ler Howe And Hod Mot Hupp Mot —t— 10 9 8! 32141 47 12 32 33 911! 94 141 6 311 - 1312134 5 15 28 19 12 34 1 16 Lehman Air Loewe Inc 25 31 31 1' 1212 3' C alflA Ligget & M 25 25 21 21 7I Lambrt Co he Val RR 3214 25 2 2214 45 2 99 7! 4 - 2R AI 27 21 7 37 et 19 Lott be bone Star Lorillard 321 9411A P 81 501 2! Murray C Nat Blecult Nat Dairy Nat D Sire Net -- Distil Nat P &Id Nat Steel Nat Supply Nash-ltel- INSURANCE Newpt Ind NYCRRI rr N Y Chl COSTS ONLY OP A CENT PER MILE TO PROTECT YOU AGAINST THE GREATEST HAZARD OF DRIVING: NAMELY YOUR RESPONSIBILITY FOR INJURING OTHERS REDUCED RATES roa ALL -- CAREFUL St N Y Mtn Noe & W N Am Avl No eni Co Nor Pee 27 24 7 7 17114 AIN 14 13 1: 13 j 13 20 85 8 85 8 7 6 34 6 7 8 7 1434-- 151 19 674 17 CONTINENTAL Pae G & Packard M! Pan AmAirl AGENCY COMPANY Paten Pie' do I oft dn 2 VI PML J PURCELL Dial 1 ptriol cki 11 44°1-- 1ti4 11 10! 29141 29 :101 151 561 11 4' 2i 21 151 91 940 11341 16 — 291p$1— 614- - 14 24 Vs 34 1 1- I: --11- 9 54 - in i Ohio Oil Oils Wei Otte Steel GI Owens4 — P- -- 2- 4- 291 291 10! 1- - 9141 54 29 3141 15341— 934- 14 - - 911 911 911- - g 1211:! 12 i 36 I I 74 36 7434- I 11012- 4Vs 13121- 21 12 14 5 341 2(5)141 84 1 A4 : :t 171 331 2i it171 107141106 Zu 'WI 4 44 lal 3111 8 44 - 23 - 15 11 319111 151111 711 Iti 4 7 61 41 I III EVVell Went E&M White Mo ( Woolwrth Wrth P&M tt 34121295 2(5°1111 21 71i11 IT 11 1 211 1111 f141 ‘1'47"eønt t I? 1(1'51 21't '21ill NI I West 1- Iclt1:- - - 1312 1312 5212 -Vial 5 511 14 12 1- 34 141- - 1114 r914I 1(0)41: 24 Cloaa 98 STQCKS In Close 159 301 31 11 21 11 Cities Service Colt? 1MS El Bond o& 8h do pfd do 65 pfd Foully Corp Ford M Can A do B Gulf Oil Hee Min Hollins Gold 101 77' 4 3 2 I 25 3 6 84 72 72 61 11 14 1 1 1 8 72 6 6 8113t1 '341 6 631 73 6gVa 73 64 73 63 63 1144 11 291 51 1 19 13 1931 13 17 "12 :: Nat Sus Ret Nat Tun & M Nino( lind Pow Penliroad Phoenix Sec Premier Gold Selected Indus 19 13 8 4s Mine List Up In Thin Trade 61 Tokyo C 5 Tok El LI 6a 53- 3 44 44 44 —43 VO 36 314 - 44 44 6 36 14 22 7 181 201 37 3 7 2 14 11 31 28 28 1812 17 1714 21 21 241b 24 520358 days' receipts State whole milk fiats: current makes 1712 2324c Eggs—Two days receipt& 20016 cases firm Pacific ceinst whites—Jumbo Sod Pre Miums specials 40 00411c 39 standards 40c mediums 29) 29 lie: pullets 2312 4024c: refrigerstor specials 26 kr 29c standards 254p 27c 4245c mediums 5 2 3t NEW YORK Oct 28 (AP—Two days' receipts 1281217 pounds steady Cream3114e: ery—Higher than extra 3044 extra 92 score aoyi fontAtc firsts 88 28 to 91 030b seconds 84 to 87 Held 1939 ar 18e MI 31 731' 71 2 2 5 51 2 21 8 Large whits specials doz Large white extras doz Medium extras dos Large standards dos CHEESE Full cream triplets lb Full cream longhorns lb b sandwich lcatits Full cream Triplets western cured lb Longhorns western cured lb lb Lon Viorns Wisconsin cured Daisies Wisconsin cured lb pounds: firm 11 29 6 73'4 U25e 24 cnicAno Am P&L 6ii 20161 14!101110114 1014 21 87 Cities Ser 5s 86 87 87 Con G&E 5s 58A I 91 92 92 92 El P&L 5s 2030 6! 8614 85 85 2! 7312 7312 73 Ai Hvgd It 6s 49A Ill P&L 5s 56 CI 21105121051210312 Nev Cal E 5s M 15i 8014 79 N En G&E 54 50 10! 66 66 Par P&L 5s 35 6! 96 66121 96 ' PCP&L 5a 79 131 99 99 99 Phil E P 512s 4' 2 3:10912110912$10912 28 (AP)—Butter—Remints 868783 pounds firm Creameryoc 31c 92 30e 91 93 score 30 go 29c 89 2814c 88 27c 90 cenc traliged carlots 29 0129 14 c 2028 cases firm Eggs—Receipts Fresh graded extra firsts local 27c: cars 27c: firsts local 22c cars 22c: current dirties 17e checks 15142c receipts refrigerator extras 19c refrigerator stand' ards 18340 Live poultry—Recelpts1 ear 34 truck Rena firm chickens steady Hens over 5 pounds 15c 5 pounds and under 12120 Leghorn hens 10140 broilers 2 pounds down colored Plymouth Rock 18c white rock 18c: springs 4 pounds up colored 1414c Plymouth Rock 16c: whits rock 16e: bareback chickens 12c rooster 11c Leghorn roosters 1014c ducks 414 14e white pounds up colored small colored 12e small white 12e geese old 12c young 12e: turkeys toms old 12c young lithe hen lie do 412s 50 D 8EP4L 6a 2025A LOS ANGELES Oct duce exchange receipts: Singer Mfg Technicolor United Gas Mt 21 11 Lz Air 91f 1107 9 1 1'4 1 1 21 o West 11 140410 11 13 DOMICATIO 1107 9 1 zit 5 411 P&L 412m 44 1 IS Oh BONDA '31no i 2 14 i ed 3s 2612 se 281e c Cheese—Two 11 11 11 28 le NEW YORK Oct 28 the trend was generally lower In Mondayas bond market losses were mostly small and numerous firm spots were In evidence at the close Rails offered less resistance than other tiro' ues Indicating brokers said that speculative holdings- In these Issues were being lightened in consequence of of Greece In the European war There was some shifting of maturities In the government list as dealers prepared for an expected offering from the treasury later this fall Closing Prices were mixed of a point to down up wss comparativeTrading ' ly light Domestic corporate loans losing fractions to around a point Delaware & Hudson 4s at at 38 524 Illinois Central Rock Island 4s at 13 Portland NaGeneral Electric 44s at- 74 and at 106 tional Dairy New York Cehtral 5s at 63 ran COIorado? & Soiithern up 2 points to 16 Others im proving slightly included Erie 5s Columbia Armour 45 Loew's Gas 5s and International Telephone 4s Curb Prices hundreds) Wales! High Low Alum Co Am —115011591158 Am City P&LB 111 31 Ant C 14 BPOSV gt181)1 Torn 9911004 11212112111212 '13 1001211001100 Potato- Market MA110 VALLS Oct 28 b shipping Upper Valley: Carloads t points based On delivered sales less all transportation charges Russets U 8 No 1 minimum 30 per cent and better and large 70080o mostly 7019754 Carloads t o b cash track to dealers: Russets U S No 1 6212 f 87V2e U 8 No 2 mostly 30c: an occasional sale to trucks and an occasional Cash to growers bulk open pack 35e per owl: Scarcely sufficient trading to represent a general market Twin Falls-BurleCarloads t b shipping points based on delivered sales less all transportation eharges Russets U S No 1 minimum 30 per cent 10- ounce and larger 65471c carloads t 0 b cash track to dealers: Russet& U S No 1 804165e including special packs U S No 2 a few sales 30c an occasional oar 321s r Oct 29e 20c 16c 14e 28 (AP)—Prre Butter: 884p0 pounds cheese 300 Pounds: eggs 1653 comet Butter: 92 score 32 cents: 91 IN" 31 Vs COMA: 90 score 30 tents 89 store 27 cents 16 Western cheese: Triplet daisies 1411 tents boars 17 cents longhorn cent& Candled clean xtru 33 coots: large standards 26 emits: do MOd iti extras 26 cents do medium standards 22 cents: do mall extras 29 cents Butter key: 92 extras: PI (Note: 9 firsts) prime firsts 90 standards Ego: do 3leta1 A and Money Settlement prices at Utah smelters as Smelting and reported by the American teed 550c a Refining company are copper cathode 11675e I pound pound NEW 101t1t Oct da (AP)4-Ba- r sliver -unchanged sliverLONDON Oct 28 (AP)--Boff 23 P'quivalent 42 50e) &pave-len- t Bar gold-1- 68e unchanged 34e r33851 NEW YORK Oct- - 28 (AP)—Copperi— val- Steady Electrolytic—Spot Connecticut a a New York 12 00c: wiped ley ILO:154100e 516212 e Tin—titeadg: spot and near-b- y forward 5050e CHICAGO t4ew Oct 28 York spot 550 1sed8teedy 835e 55no viCast-Ht-Loultotal U S shipments Saturday 833 Zino—Steady East Bt Louie spot and Sunday 38: supplies heavy demand slow forward 725e market steady tor best stock Idaho Russet No 2 f o b cistern Pig 11 to S Burbank& No 81400145: Pennsylvania $2400 Buffalo $2300 Nebraska Plias Triumphs V S No 1 Alabama $10314 8137E4 0155 Minnesota and North DaAluminum—Virgin 99 per cent 1500t kota Cobblers Tli to 85 per cent or more Antimony—Chineee spot 16 50c U it No 1 SOS 90e: Early Mina 113 Per Cpilekailver—S1 TI MO fr 17500 rent U S No L 90e Bliss Triumphs Platinum—Pore $36110 80 per cent or more U IL NO 1 1400 Chinese woitremite--22502400- 4 Domestic achselits-33-004 1110 Market Ouotations Market Quotations MONDArS ' QUOTATIONS Bid Alta Tunnel— Am Met Min Co Beaver Gold COP Big Sill Bin ham- Meiala Black Metals ' Bonanza Mining Bristol Silver Bullion Cardiff Cedar Talisman Central Standard Chief Con Clayton Silver Colorado Con Columbuo Rexall Combined Metals Comet Coalition Commonwealth Lead Condor Gold Creacent Eagle Croft Cro vn Point Dragon East Crown Point East Standard East Tintic Coal :: East Utah Empire Minna Eureka Bullion Eureka Lilly Con Eureka Mines Eureka Standards Gold Chain Grand Deposit Great Western Horn Silver 00 04 0012 00 11 04 01 08 04 02 08 0112 01 27 15 31 17 01 Qil 01 0912 0512 0012 0012 0041 0112 1012 11 - 01 0012 02 02 04 10 0112 0112 10 00142 02 05 00te 0012 04 0112 03 16 1712 0014 02141 05 20 20 01 20 25 0012 04 0114 01 00 0112 17 0012 0014 02 Indian Queen Kennebec 19 01 01 03 '02 06 KentuckyLitah Keystone Leonora Little May Magnolia Lead Mammoth Miller Hill Miners Gold Mianouri Monarc h- - 00 ! 110 01 0012 0014 0112 210 350 03 02 14 2612 Naildriver New Park New Premier New Quincy North Lily 20 28 0013 021A- 53 0041 0512 02 11 North Standard Copper Park Bingham Park City Con Park Itonold Park Neilson Park Premier Park Utah Briotol Mumble Mines Plutus Prince Con Rico Argentine Royston Coalition Silver King Coal Silver King West Ailver Shield Silver Standard Sioux Mines go Iron Bloosom South Standard Swannea Con Tar Baby Tintic Central Tintic Lead Tintic Stamford Union Chia ---Utah Con 58 01 0612 0211 12 02 0212 04 11111 ' run It By the Shift Bose The fallacious statement ha: been made that the miners of gold and silver have no immediate in terest in administration monetary policies so long as the treasury continuee-to-pay43- '0112 02 175 004 04 200 00 12 10 05 13 24 1212 Oct 28 2214 12 00 12 CITY Oct (AP:USDA)—Cat- 28 - Unlisted Industrials — — L Curb for- — L Bank Clearings “ 059C 1 l a statement ignores the fact that our national policies may drive production costs up to the point that current prices for gold and silver would mean operating losses To further devalue the dollar to meet such a situation is not' looked upon with favor by close students of world economy and monetary experts The latest anaysis of the gold and silver problem by an expert of national reputation brings the gold situation up to the close of business at the end of June 1940 accompanied by the - suggestion that our gold reserve- should be put to work at once Composes Situations Comparison of the gold situation at the end of June 1940 With the 193132 situation—shows—that—in 1932 the great withdrawals of gold from the United States had reduced reserves to $3910000000 which was insufficleot to cover circulating currency and local hoarding notto mention meeting foreign demands for gold against foreign dollar holdings and investments in the United States where- as at the end of June 1940 the net gold reserve was $11190000- 000 ($19963100000 less $8500000- 000 subject to foreign withdrawal) a reserve considered ample to sup- port a national income of $100000- 000000 I e to cover $10000000- 000 of currency and $100000000000 of bank deposits with a turnover rate-o- It ado Mk - AA ALalhaba-oli- k x I 4 I 4 1 : pointed out that despite the fact that war conditions prevent any likelihood of foreign withdrawals the United States should not wait until the war ends to put 4 gold baek into circulation' so that our American neighbors and even European countries could start to build up their gold reserves through gold obtained from the 14 United States through natural trade investments and loans Such redistriblition would hasten a return to normal international trade and benefit to the United (: States This would involve a return to the gold standard by countries having large production and A stocks of countries in that position- - are—Australia Canada Great Britain SouthAf- ricaand the United States A common standard of gold value and monetary units of common convertability is recommended Method Explained Thi method of the return is outlined as confining the reentrance of gold into circulation as being limited to gold money paid by the purchase of gold and the payment of interest with gold money accruing against government bonds and that those bonds should contain the gold clause and that existing bonds should be made payable in gold money at their maturities It is argued that countries need- ing United States credits should impound their gold sinking funds to cover gold bonds and this would stop the flow of gold into the United States and permit those I' countries to discount future gold production putting a stop to the current gold buying policy and permitting the seller to know 0 his gold sales are at a fixed price I for the life of the bonds As in the case of the proposed identical 'United described in this column re- cently the adoption of this gold would create an international standard of money value which would help foreign countries to end their economic and political distortions The least that can be said for this plan is that it is free from the In Volved confusion which usually causes the layman to lose Interest lb quickly in monetary discussions Close—December 55e: May 5674e No 1 hard and dark bard wheat 214e to 5e over December: No 2 bard and dark hard 14e over: No 7 red wheat 2I4e to 4e over: No 2 red 11ia to 311 over: No 2 white corn Re to Ile Over: No 2 yellow torn lte to 614e over: No 2 mixed eorriv4Vaa to 641 over 56e Z C M Bank Stocks October December Melt 7014 Low 70 Clow 70 Establish Pd 399 2 I 'I e NCH- We Buy and Sell All Local 1 Securities Utility Stocks Sugar Stock Inuustrial Stocks " - f Min1iiSks Issquirist Invited HOGLE & j Co Ishii fished INS climb whet No i northern 701Oe No 2 6914e: No 3 4781 oats No 2 whits 3314111l No '3 30 1 a J A Edward L Burton & Company 1 )d Winnipeg Wheat Sutures: - 11 Sugar Stocks Utah Power and JIght and other local securities 4 gold-Princip- al —Specializing in 641e - AA a is 1St? 11 ISKIS STOCK ITCHANCS or& Stoth Inhale other mdleetst imat kit Lake Oedes Mead Bulletin 132 I41? Swath Male ‘ L lc l -- - V I 0 olit ! it i Investing Companies lt7 0' i 1 10 f ' aS tl Such-f- tle—Salable receipts 14000 total 16 300: calves salable receipts 3500: total 5250 killing classes rather slow: few sales barely steady one load choice 900 pound fed steer' $1200: one load fed heifers $1100 virtually nothing eine on cows early few bulls $6000625' vealers $950 ell50: best held around $1200 stockers and feeders slow about steady load' 575 pound feeder heifers' $825: stock cows $4750550 load stock heifer calves $975 Sheep—Salable receipts 8500: total 21500 fat truckedin lambs opened about steady with last week's close at $835 900: nothing dOne In other classes KANSAS I 5 States 570007175: few conomön $675 few $5756625few part good slaughter cows lots load light young Idaho& $700 DENVER II gold and 7711 cents an ounce for silver produced in the United 05 cutter to medium drive-in- s $450 (4550: 10 medium to choice vealers 0012 Ifeeder istdck in fair demand$90001100: lot mixed 00 'feeder steers mostly Holsteins $850 02 several lots feeder cowl $450 130 bulls unsold early 02 2870: includes 1670 01 Slow for market Cud 1000 through 02 done early nothing 0134 01 Moscow Mt City Copper Mountain View Pioche 01Y12 03 0012 Howell Ohio 00 12 02 08 05 02 00121 V Editor's note t This is No 195 In s series of articles on the snin- ing industry s"d those who NORTH SALT LAKE Oct 25 (USDA) 4509 includes 4072 —Hoge—Receipt 187 for market and 250 direct Through Strong to 15c higher top 5640 on beat 180 to 230 pound butchers 160 to 180 pound $605630 150 pounds 5800 605 packing sows $350 0450 Cattle—Receipts 1691 Whitten 1589 through t 77 for market and 25 direct No good steers offered common to me dium truckins 56507050: bulk trucked In heifers brought $6500775 common kinds down to $600: no good cows sold early: cutter to medium kinds $425 0575: canner grades down to $300: odd WI 1500: bulk trucked-i- n vealers kinds down to 5550 $7500900: common 4548: includes 4508 Sheep—Receipts Medium through and 40 for market trucked-ilambs $750 odd ewes 5275 300 by head Oct 28 (71SDA)—Hogs—Re- OGDEN ceipta 3335: includes 2885 for market and 450 through Steady to Sc higher compared with last week's close top $640! on few choice 180 to 230 pound butchers: bulk these weights good to choice $615 0625: light and medium weight under 180 and over 230 pounds $5900615 extreme heavies and light lights $585 down: packing Iowa $3500450 Cattle—Receipts 1515: includes 1250 for market and 265 through Just moderately active: early sales about steady car good 963 pound Idaho slaughter steers $850 sorted tour head at $800: odd lots medium to good drive-in-s $725 825: medium to aood driveIn heifers ut- 83c r - Livestock Chicago Grain ' - S14Stoc l ir nominal 1Exchango—$403 e NEW YOgICOct 28 (AP—The steel industry will operate at 957 per cent of capacity this week highest on record (since the Institute started compiling figures In 1933) for the second week in a row the Americon Iron and Steel in stitute estimated Monday This represented an Increase of 8 of 1 per cent from 949 per cent In the previous week A month ago output was 926 ' per cent and a year ago 91 per cent total Cattle—Salable receipts 21000 24000: calves salable receipts 400a: 00112 total 5500: beef steers and yearlings slow: steady to weak other killing classes 470 530 40 47 opening about steady: stocker and feeder classes comprising about 80 per cent of 01 0014 0014 0012 receipts: about steady with last week'n slow close early sales medium and good 004 0112 fed steers 590001100: choice Colorado 0012 0012 03 heifers $1200: some held higher: vealer 08 01 03 medium to choice stockers top $1050 0114 0041 and feeders $72501025 stock steer 00 0141 calves up to $1100 11 1012 13000: Sheep—Salable 7000: total 2 5712 slow: no early sales opening bids lower 265 12 on slaughter lambe:-- - best—range—lambs ent was the only loser et the 02 -00 held above $925: best natives held above 01 0014 Utah-Wyday Con Oil 06 09 5900 Con 02 05 Transactions totaled about 13000 Victor 108 ANGELES Oct 28 -- 75 Mining Hogs—Salable suppli 1500 fairly active shares against 26100—shares last Walker Went Toledo 0014 to 5 cents higher than Friday iut steady Wilbert 0212 Aoki medium to choice 165 to 225 pound butch- Friday 02 03 Yankee Con ere top 8720 few off $67507201 ?Alma 02 0144 down to $600 weight packing tows 13712' 1 Sug corn "ettle-t15do pfd W 910 a table 2500 canners and ctete active: other classes slow cif!) MONDAY'S SALES melee fully steady: odd steers to $1000: clucAGo Oct 28 (AP)—Terminitit show held considerably above Combined at 10c Metals 1500 ng a period of declining Prices xtendto steers held so50 and $1050 medium the wheat mar- —Horn Silver 500 at 17c 2000 at 712e ing over three sessions load light steers $550: no fat above a general recov- 1000 at 18e ket Monday developed cows sold heifers Moscow 5000 at 134e $6000735 SOMe ery movement that added almost a cent held above $750 canners and cutters Park City Con 1200 at 12e to blackboard quotations to $750 tulle feeder odd 12c at $4250575: Rico 500 bushel Argentine A break of almost 4 cents a steers and hetfers $8000825 Tintic Standard 100 at S260 since the five months peaks were estabCalves—Salable 1100 steady top vesil- Walker 500 at lfie lished last Thursday attracted enough buyere 41200 silica mostly Slio0 down CURS SALES (1-P M) ing support to rally prices after trre market range calves $8250910 many stockers bad start in early dealings got of ter-- a available Horn at 1712e Silver 500 at 200 ltie g profit-takinas a result of belated New Park 500 at 27113e Sheep—Salable 400: no trading good Wheat closed near the beat levels of the to choice wooled lambs quoted to $950 higher than Saturday Deday or 90c and good ewes $425 or above cember 85 ti) 85 Vtc May 4314 ty Oct 28 (APSOUTH MAN FRANCISCO IP Corn 14c off to Vec up December 80 550 about steady Oh USDA)—Itogs—Salable 81114e Oats alte May 80e with Friday r Oregon and Idaho butchers to atte up soybeans 1 higher rye $705: most 185 to 225 pound Cantorlaic lower and lard unchanged to 8c Bid ked niu $700 sorts at $650 packing sows higher $450 down Aina ig Sugar pfd $ 870 $ 7 05 Cattle—Salable 450 'low: fit steers 2 05 Con Wagon k 'Mach 2 25 absent few loads medium $8250875 Range of Chicago Futures 72 00 Utah Fire 85 Clay 00 feedlot to largely she stcok run rang Close Low Open High Sit &I & 72 50 Utah P 74 00 cows active luny steady six loans Wy'Wheat: & I & I &I 77 00 79 o" cows $6650725: dairy cows ming torange 85 Dec 8 84 8 8514 $ 84 39 50 4125 slow &I &I 25 cents lower bulk $500 0575: 83 82 83 82 May bulls largely $6000675 Calve' draggy 78 78 77 78 July —Salable 25 nominally steady good to Coin: choice vealers quoted $1100012007 most AO aft De o 80 slaughter calves $80001000 81 81 81 May 591 about steidy 800 S Sheep—Salable 61 82 61 wooled lambs $900 around four 4a'tat Packagemedium-pelteand Calid STOCKP decks Oregon 35 35 Der 3414 nia lambs 88500865 with 10 per 34 341 33 3111 May Bid absent swes Asked sort shorn $200 cent quoted 31 31 31e July 42)425 80Yboans: 2 90 Is 3 00 Amaig Sugar corn t 2rt Oct Mo 83 Dee 82 82 Special)— ST JottrPH 83 22 50 First Securitv corn IS 21 75 total tin' 83 85 83 85 May Sheep—Salable receipts 2250: 50 II2T 50 Utah Home Fire Ina— 83 loads 3500: fat lambs 25 cents lower: I July 9 90 Utah Oil Refitting 10 25 lower cents 50 sheep shorn yearlings Hy: Mountain Fuel SuplAYI 5 75 I 6 00 43 Dee 44 scarce unchanged: top dry fleeced native 30 Utah Southern 40 " 441' wet at $850 48 bulk 47 lambs offerings May $900 43i 49 48 July 0875 load strictly good Texas Iambi BONDR Lard: $900 clipped Texas yearlinge$815 Dee 485 Oct 28 CHICAGO Holly Sugar 4 gin 50 110300 Dec i4 782 444i 470 1101 00 do 1941-4- 2 ble hoes' 18000: total 27000 general 4 82 Jan 75 477 active bondsI mostly 10 t? 18 nal! 4500 trade fairly Bomberger ER ' Mar 582 average top $625 lower Friday's 8 05 8 05 897 m4Y 400 freelY bulk good and choice 200 to 300 620 ogee July o6 "goo pounds $6150 625 300 to 380 pounds 170 to generally $000 most welkinished 190 S pound lights $5750010 best arnooth Cash Quotations sows 400 pounds down$585(09 packing CHICAGO Oct 28 tAPV—Casit wheat Saturday's bank debits 286046600 615 heavier weights hugely $550$10 1 bard 8814e: sample grade Same day year ago 575 226086000 calves 2000 a 83 18000 mixed matte ample grade Salable 83o: band debits 1639449800 several Corn—Old No 1 mixed 09e No 1 Week's medium weight steers $1400 Same week year ago 1501941200 (4 1420 loads 4 so held at $1450 or Yellow 85 8714e: No 2- 87e No 3 Mondays load with bank clearings 356545741 3 yellow 6414 06514e (I isalhe: new early $1385 increamed Same day year ago 298807816 best yearlings No 4- 5914193e! No 57 plies heifers glow beat fed kinds steady loads $1200 and better few sample grade 50059e others weak: but comparatively Male abovefew $1150: choice classes opening ineady other Minneapolis bulls vealere to $1150: weighty 'reuniteweetern MINNICAPOLIP Oct 211 (AP)—Wheat approximately 4000 to $710 hi —NEW–YORK Ot 150 grassers 153 a year ago Trading basis 2 under Association of Securities Dealers Inc bid direct to feeder dealers 5000 total 10500 fat to 2 ever Minneapolis Salable sheep December wheat and asked quotations: early bids iamb s and yearlings slow: quotations: 3A cent higher Cash: No 1 around 25 cents lower on fat lambs it heavy northern g5r i Asked Bid on mood to choice natives asking Dark norther& No 1 flec: No 2 $025 near steady sheep and feeding iambs Alc: No 3 81632e 2 68 Affiliated Fund Inc No 1 hard Mon 294 deck good to choice western tans Sac:- - grade of 35 Minnesota-- a n American Bus Libre 2 96 steady: part 327 down to 4 350 No 1 dark hard winter Me slaughter ewes $450: Common Can Inv Fund 70 '2 white medium grade Montana 2300 Nerd amber durnm TO 01514e 2 19 Corporate Trust light 8005075 feeding lambs faced No 1 red ditrum AA do 13 2 73c solid to mouth down kind common $725 on do No AA mod 3 yellow Corn: 2 53 55 501e: breeding twee 1500 trading basis 1 to 2 eentis over Minneap- Dividend Stirs 109 120 olis December corn 18 91 1558 Quotationa cent Fund Investors In lower Investment Co Am 17 03 1841 23 83 2158 Keystone Cust B2 Flour do 13 29 1461 Kansas City ' B-Ort 28 do 7 02 637 cot4 Carload lots per barrel in do WANSAR 4CITT Oe 28 (API—Wheat 308 353 ton sacks family patents unchanged Maryland Fund 350 455 ee cent lower to —Receipts 74 ears: unchanged 3 S8 Nation Wide Boo 85550575 standard patents eent higher No 2 dark hard 111141-15950 do vot 84500470:75 shipments 122 104 113e: No n 80148082e: No 2 hard SY 2125 Pura 55 560 8168114e No 3 79e: No 2 red 6014 Quarterly be Shrs 082e No 3 79 (1410e Cloae: eembeh 794979e: Man 7898l July 7314eto Corn—Recelpta 69 ear: 14e lower: No 2 white 63e:tinehanged No 3 nom inal 6410: No 2 Yellow 590 604 3 No 6014e: nominal: 6001162e: No 2 mixednominal- - 594 Nm--3 t I Gold-Reserv- CORPORATION BONDS (Baia in 81000) 18a1eal High I Low Mao 61 93 Allegha ev- 5s 441 93 931 & A P 54 '131 50 50 501 105 Am T&T 5442e 43 11105 105 do 3I4s 66 21108108108 do 3141 61 109 84091109 Arm Del 4s 55 104 1111041103 A T 8 F 4s 95 17i10511051e Beth MI 314s 52 7110611061A 511 Can Pao 4s perp 42 52 5112 CenPac lat 41 49 4 67 67 67 SO CUSP & P Si 75 4 4 434 do ad) Si 2000 1 20 1 11 2 1 C&NWcy 44es 49 8 ClevUT Ohs 77C 31 68 68 5s Columbia G 5it 61 4 105 105 68i Corn Ed 34es 68 3 10912 109 Indianapolis Gas 5s tumbled 16 Con Edis 314s 46 11033410334 103 on on the curb to 82 points Eris rtg 5a75 -- 1534 -- 18 -184634 do go In 4s 96 news the' supreme court ' had 15 d6 3534 36 Goodrich 414s 56 1110410434 10434 granted a review of a lease under Gt Nor 4s 46 G 4105105 III Cent 434s 06 38 38 1105 which the city of Indianapolis Int Paper 5$ 47 11021102 would acquire its gas properties 7 L 8t144s 61 103 11031103 Losees3114s 48 2403791103 1034 Mo Pao 51 77 1 71 161 16 1615 do gen 4s 75 ' 1 281 11 1 Mont P 31es 66 401104'34110434 10434 Nat Dy 3les 51 106 33110611064i Nat kneel 3s 65 121106 10534 10e NYC rtg 5s 2013 63 tia 63 do 411 2013A 58 57 57 NYC 31es 46 1 89 8934 894 Po Pao tis 3047 24 6415 84 84 Nor Pao 4s 97 18 7278 72i34 72 Pa RR 4Mis db70 10 9334 9244 92 Pa RR gn 444881 9101 10012 101 Phil El 31es 67 Although the days before elec109 101109109 Port GI E 4140 60 75 tion are about as quiet on the Rep Steel 51es 54 54053410534105 Rep Steel 4442a 56 2311041411041211045 Salt Lake stock exchange as the Richtid Oil 4s 52 110634 10634010634 Sou Pao 41As 81 371 37121 37 house the was before ChristSou Pao 3401 46 night 301 48 4812 P 4341 Ore 77 44 44 mas a few 'buyers appeared MonStd Oil NJ 3s 61 8104 104121104 1!104 Studs cv Si '4a to give the list a favorable 10412i10414 day Un Pac lit 4s 47 Ut Ltaar 5s 44 10312 appearance Z1031103 Ut P&L 5s 44 Walker continued its steady ad9110310312 1031 West Us 51 51 vance moving up another cent to Went tin Si 51 251 7312 73 Yng MT 4s 61 9110414 10414 10414 sell at 76 cents Horn Silver opened FOREIGN BONDS cents 17 cents climbed to 17 at (Salmi In $1000) cent and closed lit 18 cents up 24 78 Australia 5s 55 78 78 But later in curb sales one lot 8 47 Australia 412s 56 4512 4512 Brazil Sa 41 10 14 141A 141A sold at 174 cents and an odd lot Brazil 612s 26-5- 7 3 11 11 1112 Canada 4g 60 22 9312 921a 9212 at 18 cents Cotom es 61 Oct 14 28 28 2714 lots of Tintic Two 1 22 22 22 Copenhag 5s 52 Standard sold at $260 up 10 cents Denmark 412s 52 32 32 3112 Ig Ger Govt 512s 65 3 1512 15 15 New Park sold in the curb at Ge Govt 7i 49 17 32 17 1634 GCEP Jap 7s 44 cents unchanged 71 64 631e 6312 27 7a 321 48 47 48 1051 Ilp ly Combined Metals at 10 cents 2 65 65 65 Japan 612s 54 cents and Pali( 16 48 Moscow at 1 4712 48 Japan 5121 05 Nil Wales 59 57 52 11 551A 52 City Consolidated at 12 cents were 4s 63 37 37 6 37 Norway Pan 5s 63 A it la '6112 801A 6112 steady Rome 61i1 52 13 33 33 33 Rico Argentine at 12 cents off Sao P St Is 40 60 3612 3612 3612 Total sales Monday $4234573: Pr z Alone day $2945500: week ago $50741- Zenith R21 40f): year ago $5772325: two years g21 Zonite Pd eSAM500: January 1 to date S1281 Total maleo Monday 470640: prayloua S15725 year ago S1712759100 two day 419070: week ego 373020 Year years ago $14118586080 ago a38970: two yearx ago 1093270: January 1 to date 19570q095: year am 230015768 two years ago 241- 981633 BUTTER 8 33 First quality sweet cream lb 34 First quality lb Second quality lb 32 I Net prices: no discount) NO 1 CHURNING CREAM NEW YORK Oct 28 (AP)—Following Delivered Salt Lake City per lb In a lint of Monday 's transactions on the butterfat 3212 New York OW exchange: Delivered at country stations 29 - - 291 891 8914 21116 '4 : 4 14 14 2141421414121451 14 11A 20 8 141 : 214141 14 461 5 18141- ' FOREIGN BONDS Danish Con 5s 531 ii 22 I 22 I 22 Total stork sales Monday 97000: year ago 154275 Total bond 'taloa Monday $900000 year ago 51368000 17 igilAl - P 14 14 MI Y2 70 lit 371- 131: 12 8 6 - 1- 1812 het 111 :- Ye 14 - 2311 83 39 17 13 rsi 8! I 141- - 17 31 37 14 22 83 8 5 8 2 1 31 I— -' 3111t flow 8014! PtiPI ?1- 3012' 14 21 35 12 37 43139 21 1 45! 2ititil 15 37 5 221 26 414 791 234— 191164e1 36 1$ 21 Mid! St1 P Moneento Mont Ward Mot Wheel 90 36 44 2514 25441 31 9941 271 4 9 321— 204 201— — Mack Trs Marehall IP Martin Co McCrory 8 Mengel 5 p Mesta M 16 44— 121— 26 461 ill I Va 12 7fiSv 16941 121t1!1g IlSr411N" Iiirbi!:ifV 12 244 21 45 VannT C va 181si 46 5 18 1 11 11 di: uHgell 11t 12 29141 2812' 21112- 351 41 sone & L St Mt City Cop 49' 331 32 U - '14 :41— "I 315ha 2! 3$ 75 usdsnalh?1 VI 7111- 4141 4141 211 6! UltItlub—l 12 351 341 351 341211 3441 341111 fell Carb Unit Corp Unit Drug i 12 1812 5! 2! Bit Unit VIM - 711 Bunker It & Carrier Corp Chi Flex Shaft - 8! - 18 25 34 14' 1s 21121 Am Bell Aire ill Cen IngerRtiti 3105 104 105 1 Inland SG 2' 87 81 - 1 87 91 10 10 - 141 Lisp Cop 101Inter Iron 132 10 9 10 8it lot Mary 8 49 4834 lot ItyE A 1 2 2 2 277 28 lot Nik en 27 4 30 Int Shoe 293 29 441- Int T & T 2 50 224 2 Yews!! Tea 21 411s '47 4712 JohneM 5 88 67 6 Kennecott AS Kresge Kress BH Krog aro 41s 412 18 24 3312 712 I 981 99141 EGGS 10 48 121it Al '1 '' ell 1 NVait:s Us&of U S - 3s 1- MAI- - (Sales 1105141100141100111 2J 7!'1141 75 75 11 30 30 30 48 10' 13 12144111 181 3 -- 213— Und er El I Union Car I Union Peel 4I 14 2114 1814 91 l ' e 4- S 21 no A MI - 181 61 11 I 14 1914 21 81 - i Heck Prod Here Pwd Roll Furn Holly Sug Homemi ke 31 9141- 11 281 Pt 12 80 Produce Markets 4 11 12 3 14 131 211 i - 11 RI 11 81 31) Ye! ' 41 11 4 7I War Bro PI - 82 82 82 34 341s 34 35 35 35 88 88 88 54 5014 50 50 2 125 125 125 1 1 3 4 12 - 34 30 1012 T5114 '10-1- 27134 7ilatifyroe:inh - I 412 1812 25 lgi 1s 141 6 11 1I 61 14 tii 8111 4r4 25 !f 5 - 4'8 10 78 13 ilk 12 34 36 42 3 9 4121 61 Tex Corp Tex Gulf SI Tex P L TI ireiC°8 34 712 8 9 4 21 18141 18 114 20 t 1014 111 21121 2012 4111 8 I 7 27 411 278111 rill4ht eal Swift & C Swift Int —T— Transam Tr & W IVO" 194kr 7 7 NEW YORK CITY BOND 184160 High I Low 3 8 93 3412 341 101 gr1137auCt St Gike $4 pfil Mt 011 Cal Mt Oil Ind St Oil N'1 Stow War Stone & WI St ud° Cp d t 4 43 15j 1014 79 28I 11 I t 14 To DoivnTrend 291910 pert Packs Climbs to New Peak iE$L-Whi- ' 4l1t315110315t10315 21102140214120214 - 21444-4- 2 112 47-4- 5 26) 2121 844 112 1912 11 Simmons Skelly Oil Smith A 0 &icon) V :guPhalPaT South Ry Tim') Tim R o 9314 1 Safeway Sehenley Sears Rote Seryel In Sharp & D Shell U 0 Saves IC C Tids wA0 80 - 114 34 A do ev pf Rey Tob H Rietald Oil RIVI 721 A 2121 8121 1141 19121 141 - BOND& TREASUR' II 32 s1 I 21 41 81 SO Repuli 1141: 32121 28 9 - 411 :I Ett)Itfran : 41 13341 6 201 i - 16912t17012- 1-7 4 4433 41 - 174141 -11- 8! 111 9! Ils lls 14 Vs 41 1751 11Clji Pub Sy 2111! 12 331 314 Keleey-- - - 412 1514 434 11 7 2814 414 11 11 3474 8 1312 Fire T&R Flintkota Fr es Sul Natontap California company gold dretiatng and land company report net Income for the Quarter ended 30 1940 of $269625 after allSeptember charges- This is equivalent to 28 cents per share on the 975750 eharee of capital stock In the outstanding quer ter of last ear thecorresponding company earned 8338343 equivalent to 34 cents on the 992920 shares then outstanding In the previous quarter the net profit was 8316432 or 32 anti on the present capttatization Boston Bldg 47 i r Mrs Reynolds Metals company and wholly owned subildiarlei for the nine months 'ended September 30 reported urphin avail able for Common stork of $1824165 equal after excess profits Sasso to S1714 a share compared with $607293 or !CP eents a share in tho corresponding po rind last year Anaconda Wire an6 Cable trolled by Anaconda Copper rompany Mining corn- Pithy reported Monday for the three months ended September 30 preliMinary net profit of $4205$6 equal In $1 a share on the common stock with compered or 36 tents a share In the $150423 e Ilks 1939 period el a 14 21414' 412 1512 I4 -- 38 1812 43 1812 74 - 12 411 12 - 4114 212 80 8112 106 106 1012 1074 21 2144 8 51 3012 31 934 912 134 1 11 914 2114 7 2512 21 10612 10612 5 568 1734 1712 8 1o 8 1012 2144 912 112 10 12 - 13 3 3 55 4534 2 1 36 7 4044 212 3 81 43 At 177 4134 14 74 19 141 3 ill I - 9 55 45 2 : 8121- 13 3 3 312 131 ilt'"4 ?1!:-- Fit 5 1312 74 14 - il - 14 1(47141 19 1'4 4 Mi 112 Til : 144 20 14- - : ?g 74 GOVERNMENT B (Dollars and (Sales In f1000) mmtn000mmolimmummwm Close Close in't N'il' 32 III FP'ren- R C A— R IC 6 Rem Rand Reo M et- 14 114: U ' 2a 14 - ifilt "flowing 28 Low 1 Last !Soleil High 4543 11108191108 19110819 30 Indust s 13227 130961317T off 49 3141 46-44 s —11091910919110919 20 rails 2855 2837 2846 off 19 314e 5444 211140011400111400 15 utile 2245 2220 2233 oft 19 46 2 1 1092011992010920 4745 80 bonds 8982 off 14 56-4344e 6 4111431111431111413 11 commodities 5517 up 07 49-4- 6 1142 1127 20 30 15 -47 1066 ss Indust 6111121011127 Rails Utils 2s 50-4- 8 10427 1940 high 15250 3300 2644 2e 9 111062010620110620 1949 low 11041 2165 1749 2112e 53-454-5- t :'3110818110816110816 s 1939 Mali 15392 2940 2719 2141 53-511114301104-201104-- 20 12144 12A4--204-240 56-551103264032640326' reg60-55 27es Path rum 6110900110828110828 !I 131 Ag m 234e 63-5IR 111 e Tt jaC 451 23121 2314 2312 FEDERAL FARM 11ORTGA0V Phels D 19i 1 p141-1141 11 3311P 311 40-4- 4 Philip Mos 211085 1108 11086 9 Phil Pet 7141 11 12141 11 HOME OWNERS LOAN Pitt Steel 117AI" Low Low High High Pullman Purity-- Bak 1 - 16 Oct NEW YORK Monfiny' of bonds' on the New York stock exchange and the total sales of saolt bond: iTurniOed by3 A Hosts & Co member' New York stock exchange) 12 41 t 7 4 16 71 Hazel-A- Earnings Report 114 2212 --H- NEW YOBN Del 211 (AP)--Tr- atte buying and 'covering steadily absorbed in domestic hedging and profit-takin- g A auger futures Monday firm rnw market was a helpful factor At the start of the last hour prices were 1 Whet: March 195 and May 199 World futures lost us point in quiet dealings Light liquidation eatlefled a ?mixed December demand wag 79 and March 84 Raw offerings were modest and priced It 298 and 290 cents Refined localle held at 4 15 cents: Futures No 3 cloned to 1 cent higher: sales 10100 unchanged tons January 188 bid March 194 bid: May 198 bid No 4 futures lie cent lower to 14 cent December hIgher: palm MO tone 7812 bid March8418 bid: July 8912 bid 34 - -- 4 514 512 11 LI 231 te4t 111712 11714 11714 1 712 30 18 31 83 53 83 112414124 124 Greyhnd Swear Market - 5 4 512 31 ar 7 - ors M 27 7 412 1634 11 51 Arrangements for sale of a New York stock exchange seat at $43- 000 up $3000 from the last transaction were announced Monday ' Highest price this year was $59000 on January 18 and lowest $35000 GrahPga Granby C Ot Nr trar on August 21 the latter a at Nr R record at Wet Sg 12 4 - 37$ 11312 22 4 7 4 Mt Ceo Flak O Cable do pt Gen Ell: Gen Ida Gen Mills Gen Mot do pt Gen R & Gen Th Ed Gen T & R Gill Sat P Glidden Co Goodrich do Pt Goodyear I - 7 16 27 13 -- ' 17 9212 61 Kod do $8 tit do $7 pt 1:- 4$ 6 1 8 Sugar Curt-W- r124 13 2614 1312 Igt 5 5 a Pk compared with August according Cudahy r commerce department The do A —ID— mountain states as a whole showed a decline of 52 per cent Idaho's De:torek?to & Rod decline was 31 per cent Wyo- - Del D 1 W - Ed ming Montana Colorado- - New DetrotDint Mexico and Nevada also showed u of 1 Du teirN losses Arizona sales gained per cent EIItR M East to the - 16 1111!12 1384 7116412 21 7212 37 4 6 E°rat)rtella Crosley Cp Cr Zeller 3 1312 I 1634 16344 72 74 21 727212 9 912 72'1- -101 914 9 49 5034 49 37 ig tg : 41 1 1 C F & 1r Col Git13 Comi Crd Comi Solv Com & 8o tig 1:744 712 1314 7 27 14 44 12 43141 812 16 911:i - 3411: 13 12 13 I 712 19 1374 6 7 P Colg-- 13 1634 1 16712 312 3 15 15 2106 rdtot World production of tin in Sep tember jumped to 22600 tons from the revised figure of 19100 tons In August the International Tin council Research estimated Monday Production for the first nine months was 167000 tons against 111300 tons In the like 1939 period United States deliveries increased 75 per cent to 81814 tons in this period from 46620 in the 1939 period g 3 7 2 Net chg - 44 44 31 151 rli Retail Bales in Utah registered a 33 per cent gain in September as 534 4112 341: 2 4312 4312 8 6 9 :71:44 4g tliS 273 Coca-Col- a Con Aircr Nobody knows if Willkie or ETCE°111 Roosevelt will be elected next d of 3 points out but Consol Oil Tuesday Dow40-neCp the stock market is expected to re Cont 47 Co fleet the results The day follow- Cont ILK Can 1936 election presidential ing the Con 0 Del Corn Prod 3290000 shares were traded ' 534 4174 1401an:74 Am Inter Am Loco Am M & 9 Am Metal ' Am Rad Am R Mill Am S Raz Am Smelt Argo ifttl ir Am Sugar Am T & ' Am Tob do R Am WWks Am Wool do pt Ittltelg:rnfil:n Armour III Amid DOds A T & 6 IF All Retin Atlas Corp Aviation 1 4 Loot :168167 do pt tivity dwindleli from the opening until the concluding period when —11- -there was a slight pick-u- p Transfers amounted to 470640 8Bald Lo 0 et1 do pt 'shares compared with 518660 last IBIrritld'a Friday Market sentiment was chilled a Fielding--t Avi bit brokers said by the extension Bendis of the European war to Greece Bethdo 7Steelpt and indications of aishilt in the illioaerngKnAoixr by the axis powers campaign ' Renewed nervousness over pos- 1:grh:enAtRo sible Upsets in the Mediterranean Borg It was thought tended to offset Drggic'iuttrit: mild political cheer in Wall Street Ruurdutsg as well as a continuance of a good Budd Wil Burr Ad M brand of business developments A M At the'same time earnings reports Byers-Calif Pack inroads taxes the again strpsed are making in corporation profits galtae'cil Can D G U S Steel Bethlehem Republic Can Pa e Carriers&I and Youngstown Sheet ended only Came I 1 a trifle under water and Jones & Caterpil Tr adheld an Eeelloa:leeir preferred Laughlin :s vance of 4 points t'alltdr I 1 Low Ulf Ad1134n: 28 (A)—The -ambled—o-vtr—far-- — 5 i IlliielfiC 534 lu 404 Illegir D Foreign Worries - Nigh 21 1—p II -- - -- STOCKS (Sales in hundreds) lila lest - DoivJones Airerages -- Stel Outpu Rate of Bonds Offer Resistan'ee IIBond Prices - NEW YORIC Oct 28 CAPt—Following I tabulation ot Monday'l Innettlrantillik bons on the New "York stock sackings ns -- Ii of SpiLlea4 N Y Stock Excltange Quotations Steel ist Ends With October San gakt Zeibunt e - ' - a1k1&DA L W': ' I |