Show vr"'No vs if- - Va-- -- v- le IV " " oir--- and Down the Up if ir v of Street 5Mt World Bank Develops 'Reserve Plan' By Robert H Woody Trlbune Business Editor Back in his office at 1st South and First Security Corp Presidont Main George S Eccles reflected Tuesday on de Janeiro the Rio or meeting Bank International etat Fund World 1 it dfr'''''""ts i r and NIon- - II4 the niF has come up Oh a philosophy on a vorld mone- this assumes continued soundness of the US dollar But the unhappy fact is that thesedollars are potential claims against United Stioes gold And the fart that they are in the possession of other COUlltriPS results from the as yet unfavorable balance of now even more complicatpayments ed by the demands of the Vietnam IVar he points Out But Finally Special big The - ' — -tary reserve asset II In principle all ii tdP'' member cotries Mr 'Woody wdl contribute to a oil which will include both currency and gold Then if a country has a money crisis It can draw from the pool up to a certain level based upon a pmportton of its prior contribution ' r t"'"1: Idea of Taper Gold' The Idea of creating "paper gold" of course is to provide sorne sort of substantial base to rapidly evaading world trade he notes Certainly the supply of gold hasn't kept up So far US dollars are fulfilling that role for other countries Mr Eccles says test: Rights established International reserve assets he said The INIF's next meeting vitt be next September in Washington DC where it will have to work out the mechanics of 'drawing rights' against the "paper gold' and the matter of policing he said Problem In Getting Money As for the World are akin to domestic ank its problems banking Its having a problem getting money And while itis deploying loans to developing countries it can't even begin to scratch the surface of world need 13 kt Kg4 (Tti:bunr Ectlos vho attended the Rio meeting as an observer anti adviser turnt-sd home a Peru and Mexico City where he watched the "Little Olympics" Mr WASHINGTON calm iii 61)61? As public to laugh — know first to ell 011 j3usijics$ if relations practitioners used albeit hollowly -- Last to Mines—Ma rkets—I'inance go" fatalistic This 1 attitude tow ard their the cowation must tenuous tie to be altered is Management them in Indeed now letting action as it happens Increasingly including them in the (HAT 25 Wednesday now on Section rage 11 is 1967 t" So notes John Hammon New York field service manager of the Public Rolations Society of AnWriCa lie was in Salt Lake City Tuesday exchanging ideas and firming relation- ships with Its aim is to improve competence and ethics of puhhc relattonA practice through education and discipline of its membership Part of the process w ill shotity be applied Within the society itself as it makes membership conditional upon passing a tough series of examinations Old hands will be spared the ordeal thanks to the grandfather clause But they may take the exam at their own request as means of honing their on credentials the Intermountain chapter - of the society Society membership has grown steadily at about six per cent yearly and now numbers about 5800 he said The New York Stock Exchange: Final Quotations Over the Counter "r anorgx somit ilhirt Prices Sh1) –r1SA: 11 Itett011 New York Times Service NEW YORK — Stock prices ended lower in brisk trading Tuesday after an earlY advanee eroded in the afternoon At the final bell declines on the New York Stock Exchange outnumbered advances by a wide margin with 820 issues down and 436 up At noon an upside ratio of almost prevailed The minket otwned stronger continu ing the Hkenvery that started Monday atf tcrnoon following the sharp earlier that day in reaction to new (Tedit restricting moves disclosed by the Federal Reserve Board Analysis tetmed Tuesday's early recovery a technical rebound based on the sell-of- market's recently condition oversold However the advance was short-livePrices began to drop soon after General 1lotors disclosed it was calling back some 1143000 Chevrolet passenger cars for replacement of steering idler VII d assemblies (Copyright) American Stock Exchange Mutual Funds Tlieud 33 ts Qttotat lotti Tuesday's Quotations Tuesday's Quotations are running out of silver It still has 380 million ounces in bars to by echelons - Moving a jittery The department's move was prompted a recent surge in the price of silver It rose sparply last summer a fte r the Treasury announced it no longer v ()tilt! try to hold the price at $129 an ounce below the pint whew it ItaYs to melt down coins for their silver content The silver price jumped again earlier this month when the Treastiry announced that domestic industrial users in the fit lure wmild have to he satisfied with Treasury silver less than 99 and nine tenths per cent fineness Some speculators apparently took the announcement to mean the government was ruling out of silver pn l‘londay the price rose to $190 But said Wallace the Treasury is not 13 decision-makin- Exchanging Wax (UPI) silver market the Treasury announced Tuesday it expects to go on selling the precious metal for another "three or four years" thereby exerting a downward pressure on prit es Put more bluntly the Treasury nips sage to those who speculate in the silver market was this: speculate if you like but you had better understand just how much silver the govcrnment has left Asistant Treaury S Trriat y Hobert A Wallace said the department would be remiss At its duty to the public if it with- held this information TV- the Will special drawing rights suffice as new base for world trade! This depends upon their acceptability by the world central banks to count the special rights in their balance sheets and to use them interchangeably with other i 4 Treasi ury Tries Pressure To Relieve Silver Jitters NOD Natign stocks on the American Sloct Exchange Tuesday: 277 ISontt Papr 1 19ss 28st I nc ton ot Securilies Dealors toal Interest stock outstationsInc furnished' prices 6i of sentOve bY DetnastY-Teloolo- r 66 Low Last Chg Sbd C to 220 31'I 55's S'''11-- 2'9 and Co Sales(hds) High Lew test Chg High irnatelY pm intduler 11 rnrkets 5S0aies(ticts) Askod A1ko!!! — — 11‘ 17 1 Ir8r1 402 Ss 28 255 IT's 79' A 2B'a 311- ISealArcridAir 24 IKisr throughout the day Prices do riot Aprotet change :' Aberdn Select 4" 9 55 1011 60 32 684 j 89 346i Var Footrotes—New York Stock ExCl14n01 4 14 34 Searst? Co 514 58 'Kirby Pt 40 S7include markup markdown or commis- AliKont 44 MilITIbef Of the Nrw Vert Store exchanell Anv 9 67 10 21 I 9161 I 81 13 ee 20 Nati All sales In hundreds (00) omitted ex 1646— 11 31' CP 306 31'7 134 )314 Am 164 164 65b Pet iSharn01 4 Furnished by Goodbody & Co AtIll Fd 9 13 91U Nett 1661 1137 332 27 33 117 3414 37' or thirei &signaled (t1 which are 3317 33'4- -- ss !Sharon St i coot 30 374 362 31 a0 ArkLaG le MeadJds 411 3 77 441 KEYSTONE: Bus 25 69' Sh ei10I 42 15'4 As 144 1434— 'a Am Mohea 2 t lols and carried In 281 Oii&G 697 210 traded In 10 shit 44 44 Ao I 11 12 11111 8-Am Dov Ina Tuesday'e Bid 2127267 44 Asked 101 50 4134 se MoiYbdn Cp 43 46 464 45's 45's— 4 43' 7tss 751 ?P— 14 Sheraton tot 131ViDENDS: (al p:us extra (01 RITo 2 )1 8-— 2761121 6? 11 2 —I 35 35 35 RonanzaAir 10 104 141 14ne— 214 4 Am Grth 133 110 WO Simmns 1 20 Nat1Vi'eo declared Or pael so far this year no it Volume Inc K1 Industrials Rails 923 10 10 1' 70 Al 'S1116a 110 11s 710'7 697 2 60 New PA41041 141 124 100 ' 11 CO HA'hA6r1!onsinC El Ps— '4 AXE BralttPw 1 ergo ar rate tc) payment on accumulat- 71'1''' t re:o 82945 746 911 K 2 Gth 3110 1 04 110 HAO4U40111ITAON 183 10100 68 Olt ea 12 226 70ss 27 5' t 68 10400 M (et AmalSugar8c0d6 SmoernAto ed dividends 54 (di pac1 Imi year cle1 1131112 11 247 14 i9 11 131822 HGr 114 Advance 06 m i lin 5M0 On0 897 09 240 $ 43 4 22 i 15 n So Fr-v1 85 se "0 é 5811 rate 80 PacNwTel 7Y 38us 114 in anrual 144 Cla CérP rock plus cash p am6nranSagLoan to 44 24699 41 11r2 110 m 10 karat 8 68200c0 85 9 12 1072 Am Cxe(lines 3 21 12 75 70 a s 12 97 1225 704— 23s5 1:40 Pnem0 36 33's 31- 7- 17 ardtriMaytar 27 224 21'2 0 ContCorA s'ock divideod (rit capital distribution 1 P40 3 P Mt 231 SCalEd 094 53 245 SS AoteH St 7 12 153 Or Clochanged 711 115 7 11 12 2S 2 25 614 Re 24121's Fo 3574 2 60 a 36 35 108 221s in SoulhCo e Is last 79 year 277 Creo aid Aroonnwirt stock cent 9 70n 0Crl 2 37 New Hions 8962 24' ee Aa () per cent in stock i 24 11 26 211 Intl Sc 17411197 18 11'2 3 119:7' 2 rivmiii 33d 114 1134 loo 13 16 ril1 38- -- sA Altrc0115Gas 144 144 142— 144 RvanCn Pet (xi taxclividend io"ta"'I' Or) per New Lows Blue Rod 14 11 1550 Kndtr 111100i0 eke 12 245 oe - ta SoNatG 113 3 761 111 7 7 — I ss 8 )7 178 51144142A linneti at5traise - 797' 287 W- sOn e616- -4 1'1 (41 indicates FRACTIONSlOiloring Dernoen 44 179 Boat Ed — 114 Ins— 643 724 — — 975 Nish Volume Close 21 17 31 Lora I 3c SO SC s 3 ss 26 414 50 3171 2 80 S19161016 71 i Sthn Ry 641i 631 63”4— 11 BonnevilleSsgan DeserlPharm figure is fraction in 32nds i 1616 141 SI Lite 1563 Broad 47 901 01 460 503 40 Stk pas ei 52 Inc 105000 Bohds 885 146 14 175 2214 7112 76 8 2n 22 64 1357 Sowst PS 13's 13'4 lé tircwnittéonsS 204 2E4 261 27 — s SkagOrfom 18'0 OixtiVa CP 15 56 1105 Manhtn Bullock 10 High Grade Rails 85200 24 30 24-38 245 11391245 !Plots 19 50 1900 599 37 2" 2s81 25811 18- 7- 19 Brunswo7Drug 197 185 6 SoilttodOev 709 68070" Spartan Ind Fcult Cp 5k 64 6 CLOSING QUOTATIONS 1002 Mass 911 64 14 03 12 Can 1'4400 125 34 1331S 12398- -0 itt Gen 10 2nd Gracie Rails 7 4 Gr Wits '70i3O3 SperrR 18 '0 39 1841 00 4113 100 4113— 13 99 S 5317234CornmcroaSrusat100 St0metal 70 536 57 264 Fargo Oile 7712 Aar': 11 77 2031 Miss 03 Cdn Fd 319 36 V15100 10 Public Util Sr 1704 1142 -0 01 4 717- -1 31351 314 4 1750 160 78 4- 0- 17 ContinentalBank 42s 616 FaciPesr 151 Stalham Ids stocks on Camp 64 NEW YORK (UPI)—Selected Sprague E lec Inc 13 "4-965 Nat WS 160 1049 Futures IIndex 131760 24 10 Industrial Cap 11004 Commodity 7 8514177 81 25 70 26'4 47 124 WI 11's 25i 11 Syntex SowareD 4 Cap Lire 6 19 745 NAT SEC SIR! ILA elrnont Oil DeltuTayior0 3(0 the New YOrk Stock Exchange Tuesday 4134 1017'1 10 671 3 Frth 51 15d 27 II 7s DenverRealEttate 65 Ars 602 14 'Talley In 114 37's 367 377 124 13 174 124 StBrnds 1 40 Cent Shr 1411610 1111n s 11211223 CO 3 34 —A— ss 61 261 23'4 24's 40 s"0 234 59'11 15744 Technic° 60ss 59ss 1514 'stoicat V g r'ouity0i1 1110 1M Ford Ca rl S Bond 6 01 162 12S Ses-1- 1A 175 700 64 69 11447n CHANNING SA's 21 US Rad 5667 376 c 64 211 21 FederatedSecurIty Fronlier Air !SidOind 190 8)4 Sales(hds) High Low Close Chi Divtd FUNDS 511 351 0 30 00 38 17 411 37 11) 481 20 35'4 Pa 65 65 4C12 '4— 11'4 66 2 JO FrsiterCero WsNucir 'Std 30 )1 NJ Vs 31 Gen eAttery 25 307 13 66 1492 AhexCr) 160 PI 511t Bolan 731 121 81 625 43 75 102 77 13 424214! Corn St 1'4 3 76s5 76'- 5- 57 FirstSecinv 16 35 154 154— It ZaleCorp PO 35 179 GreerH 128 3634 20 A cmeMk N EW YORK lap) 215 215! Incom 7 "715 612 610 7 pp saies &nine price and net Chariot Of the 10 melt aC SIOCh 2'29 — 48 70 70 7361 - 14 Zapata 011S 91 172 15' I 1414 147 FronterRefinIno Al v194 66 66S- -it 196 3C0 204 I 40 427 69'2 Husky() 20 IS 22 02: stock TUesdaY 9 01 615 stc1Pkg Adrem Grwth stoOkS 60 five 100 9710 I'7 49 S9 19 23s Stan Vvan I 2Jis8 Frontierpe1669 2419 97 We 250 1 37 115 Adm' Grwth Incom '41 2 110 1251 Ss Garreltfreoht 23 5 AS 92 7161s 712 ono ON Iii Heller 132500 13214 SterlDro 497 i4 CO inServ 90 39ss39'7 3934 96 3 35 3M Ono Wm Air Prd 20g 17 131713 SPCI 400 -39 3217 1t 12 32611 2C9700 3714 anti HookerCh s McDcnnoll lameCorp '2 1120 3334 Hydrof w 35- 4136 31's 'Chem Pd 11 94 20 70 OPPB AaRedc 11'7 2716 n 6i 71'7 5 9 F7' 7 59s-3- 11 10'- 2- 34 RheemMt 171 lo6a1Naticnal 111800 481- 2- Ill Studbkr 6311 5817 ArrMIrr 750 204 2111 74's 21- s3 IS 3 44 Puritan Alcan Mu 1121 1212 Citadel 9 87r1 93717 " 17 IntermoontamGa6 71 21 183900 7C14 70'1 SoserryRand AmT1 el 47 Sun01 13'‘ 1211 125 60 173 PUTNAM Sec Cst MIrg'377 arb 710 Co Vs 9 76'4-371242'3 14 100 138500 97600 311I 331- 4- 59 lanoWoodInC AllisChalm tao w -2' s GenInstr '5nrYDX 7034 613 37 16 31 1781 FUNDS: Al I ud 2 400 23 12'4 WASHINGTON CAP) — Cash 15011tion 07 US Treasury compared with COr Col Ent LifeinsCOKY 2162'9 3114 71 1134 72'S nt 60 27's— SormhMn 2i34 69 2234 20 A t:tqPr Coto COI G th JO 17 1111 16 111711 ' 11 1517 153 150 myending data a year 1190: 1Suo Oil ' 195 414 394 AO — Brits AltdCh 5 23 S61 F 4 1617 1511 90 00 193g 95 00 Oct 191967 2917- -s Magnalrives1673 253 2914 10'w SwiftCo 220 39 374 164 & 2 CFmSuNtos :d 9 F2 10 33 Inc A'' cd111 :4497 80 40:81288:: 1"'91 8 Ll "" - L'ei 126 70 1 1557125 :77' Balance 976 3811 3634 Inv 1 31 116 25 21 n Als (ha' 80 1 75 Mcrriscoknuelsen 3 36 14111 41'6 26S 64 7 79341 784 7P Deposits fiscal year July i 51 NEW YORK (AP- )Alc3a Am 12111370 '"'Arnet-f167 - '2 785 131s" 12'4 127 31 31 31734 2194311311 5979119C8 WithdraWfila tiOcal year 2 31' 14 Net Chines T66" Low Cteso Bos 1334 High 6'"" Am a Solar 1171S 146tecurTies 175 70 7: 4 73 Tennkc 29) yin ?tn TotP1 rtbt 131 77' 3'33531"499 °III) 3 s Industri a Is c 276°6911:299 76 Diver In 10 03 1099 Soot In 16 311115 ' 1r2 87 le? 61 Amerada "1-l- e ir?- AO V9' !' 118 81' 4 79'4 79'- -1' Texaco 260 1423909946°29 Dvd Sh 80 Go41 Pssets 1100 130)793133S66 49 31ta 3179 211 400 5111 St 445 B2 5292 1103 116 45 20 P Am Airl 315 (1 1150 adrords 66 NorthwestNal7 a so 20 —112 223 79 TexET 22a 772 8134 68 60 to statutory limit Dow Th A Brcst Ittl Incudes 5261 14373172 debt not &Littler 't 2 I A6 915 STEIN ROE F01: 2'7 d 64 54 26 63 44 55 Utilthes 0380 29 Oitircoolrt 36 211' 2951 TxGasT 142 96 504 014 22C1 221? R 1611 Stein 1492 Am Can 2 70 2250 Dreyfus 2300 IsioneerNalGas S00 9554 14C se 14215 9442 171 Stocks 9105 40 1Tx 141t6 304 GitS 400 3014 3014 1700 tin Bal 1174 17761 Stein In 15 46 1541 AmCyan 1114 is so Ote5roPetroauM 111 00 220 12064 1171 11834-- 117 3434 TexInstr 301 99 3434 925 Fain Sth 1608 11341 Stein St 1471 1471 Am El 144g 975 RobinsInds 6 9 19:94 Tx Pt T 35b 19'1 19 3)12- -20 31'4 3134 Full E 1 11071701 27 sO 2 A For P 116 0 Cap 15 92 1730' Tele — ‘11 49 57 47ss 47ss-- 11 55 7R°9"Br's TexUtil 152 143 5534 5434 120 18 50 A Home 657 711 Fid Fund 1959 71ICTwrC G 6 1950 39 6714 21 4234 415 4251 6314 6614— E 120 41 137 34 SatolakeHardwara 4134 7012 204— le EXC411i 220 Textron 169 20's 7014 1 90 Fief Trnd 33 1 3639 UNITED FUNDS: 1721i A M F 71 4404 4511 4 60 sp2 41e 219 23nt 19st 40b A41McGr -- F Thiokol 4719 4714— 34! 48 61 41 F 190 id 59 Accu AMetCI 10 17711941 9 450 50 5 Mut 7 60 26A 265 260i h Timken 180 Tuesday's Quotations II 424 4214 425- S- 14 SentinelSecurIty 1234 1119 11154 F 19 59 7 "0 1441 16 n 58'4 58'i— 546 591 111C0111 t 0 FactorM 76 Amer Motor 82 313'4 37's 3111 h TraneCo Mead C 190 5414 ss IN Southwes7Researth 10 is ss 3614 - F FF 104 37 10 1511 09 384 6 75 8134 3214 0401 A Nt Gs 190 675 649 710 Sven v:Fairch Cam 1411Merck 140 19 47477 8514 1412 110- h1 47174 74 Suretylite 163 so Transama Asked Asked 10 91 Asked 260 lid — lid 17 Sid 1311 9 22 9S 71'Ai 1460 23 LINE FDS Inv 1206 1322 VALUE Amor Photo 76sota011 iFairttir 42 01' Transitron 6134 MGM 58581 1614 51200 218 174 lois 6819 Al 6991 621— 54 00 14 1714 I Val L net '212 17'2— GROUP SEC: Ifeirmont 5700 t 24 10 II Am Smelt 3 11 21 TCollinstlank ISO 76 2044 164 21h MtclSoUt 14 704 12 00 Norlhülv Erne Mines 6 Benner 70 00 13411 Vill IAN 1614 7aa h'TransWestP A 75 80 2834 2819 115"4— a 25 73 12 30 3214114 2 Ani Stand FarartMt 80 Inc 661 731 Pen's° 25 23 m m 730 09 12 59 888 87°1 87- h07'i 10tit IttarK Con EurekaBul 52 215 saoxa TransAir Si- 64us UtahConcre160oe AS 314 3034 t11rnif1521yer 60 18 3414 8600 COM C 120 719 IS4 St IA 79 15 64! 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