OCR Text |
Show IIOILS AND RAILS ARE STRONGEST Steels, Equipment and Motors Mo-tors Give Way to 'Further 'Fur-ther Selling NEW vrnrc, Mny 4 Oolla rails and r tractions repreaented th stronger sldo I of today's -tlve stock market. Steels, equipment", and motors (rave way to further fur-ther selling. SaleH upproxlmated 1 .375. -' 000 shares. Profit tnklnc: lr. BOtTlfl of the loll which , featured Wednesday's rise caused modi r-itn r-itn uns. ttlement of prices at the opening. open-ing. Standard O'.l of California cased t 1-4 points nnd the New J.r.iey iMUfl reacted fraetlonallv On the other hand, vfrxlcan oils, which did not participate 'n Wednesday's movempnt. were firm as were aJso Cosdcn. Houston and Producers nnd rieflnere. Secondaiy motors extended extend-ed their re.-ent fraJns, Mar k Truck.i rls inK 2 points. Mercantile Marine pr-l pr-l erred. American Woolen and Brooklyn "Rapid Transit were higher hy fractions to 1 point. Ralls reflected moderate Pressure, Pres-sure, especially Chicago and Eastern Illinois Illi-nois remmcm and prefcrted. Realizing .mle. among Wednesday'n strongest features become move Kcneral during the flret hour Le-i(llnj,' domestic Uld forehrn oils extended early louen nnd popular motors and independent steels lost 1 to 1 1-2 point Local tractions assumed leadership of the market for u time on publication of latest readjustment readjust-ment plans. Interborough Consolidated preferred was heavy, hut Brooklyn Rapid : Transit increased Its gain to 4 points, and Third Avenue rose 1 1-2 points. Before n.ion Oils acain became the outstanding enturc especially Standard Oil of New i Jersey and Pacific OH. hoth making new : high records. Call money opened at 4 1-2 per cent, v. rurcha.-cs of stocks sold for the short v, account In the list became large follow ing excited buylnp orth oil shares. lw priced members of the group weer also In favor and the cntlro market took on a tone of creater confidence General A-i A-i UUI Tommon and preferred. Standnrd oil of New Jersey. Houston Oil and Pa . ific Oil were, marked up 2 to 3 points. merican Woolen. Laclede Ffu Canadian Pacific. Texas & Pacific an. I flex k Island ere also conspicuous in the afternoon advance. Domestic oils nnd some of the InvM-ment InvM-ment rails were stronger In the fctBT dealings but the general list reversed its . curse on more fxtnslvee realum lie-closing lie-closing was irregular. MINING SECURITIES. fAs reported by J. A. H"k1c & Cvt 1 i Bid A-1 1 Antelope Star '22 Alta Con 03 0o Albion Con . 10 i -W Am. Con Cop 01 .0. Alta Tunnel Bullion -0CJ4 -03 1111 Big Hill '02'4 .03 Pig Cot Coal -034 Oa'i Beaver Copper 00 i Bav 8tatn I .01 .04 Black Metals .0 .10 Bingham Galena .01 01 Central Eureka I ."1 02 Columbus Rexall 29 .M i Colorado Con - .04 .Ooi town Point 02 .03 i V , rardlff 9 9- H. , j, Cotton King -02 j Colt Metals r" i Tjiy 1.00 1 SO Oregon 05 .07 rornrna Silver Mi RlHplrS Mlnea 03 .04 1 E A: B. Bell 2. 35 Eureka Mines 04 06 mM East Crown Point 02'fc... East Tlntlc Coal 004 -M East Tlntlc Con 03 .07 Eureka Lily 08 09 Eureka Bullion 044 -OS M Gold Chain 03 0;i, '.rand Central 60 ' .71 ij Howell 1 .04 -05 Iron Blossom I -20 V .11 Iron King ' Jndce M S I 2.20 2.50 ' V Keystone I 1 ' u Lehl Tlntlc ,. . . .02' Leonora "l n" ' - r Mammoth 28 Miller Hill .00V4 .02 -M. ( Mav Dav I .01 l; .02 M MlchJfjan-Utali 27 ' 1 - New ... ;.n.-v ::-, 041 . North Standard 04 j ' Prince Con -0 04 l Piochc Bristol 00 .0014 ' Prow Q2M Fteed Peak South Standard .10 .12 ! ..4 ' Sells I '.02i .03 II I Silver King Coaln ' 2.05 2.n ' !H'i.j Silver King Con 45 .30 ' Sioux Mines 024 .PS i S'lv.r Shield "". ."-, i Tar Baby 014 ! Oni 1 Tlntlc Central 01 .01 Tlntin Standard 1.97'-ii 2 00 I'!;' t t nelc Sam 01 rOUJ fM, ('tab Con 00i' .02 Enlon Chlef OOi .04 letor Con .01 .024 .v.-n Toledo I .02;! .03 Walker Mining ! 2.95 : C.ar, J j 1 1 Woodlawn I 07,i' .09 Mnlfll'lM Vankee Con i 02 j ' 1 ; Zuma ! .07j! ,os; J Opening Sales. HiIIiIhH Tn" 100 at -lc- i Colorado 'on 1000 at 5'v III ! Cardiff 100 at 95c. Emma Silver 9000 at 24. Iron Blossom 700 at 21c. Iron K'np 700 at IK; r.00 a: 10V&C. Lehl Tint!.- 1000 a' 2'i''-Xorth 2'i''-Xorth Standard MOP a. :;He HfiHIltKl Stiver King Con 00 a' 4Sc. Tlntlc Standard 2.0 at $1 97. Closlnp Sale?. Iron Klntr 1500 a- 10c; 2000 at 9ic; 500 at VAc: 1000 at 9e. t Silver Kftag CopJltipn 00 at 46c. H CHIC ' CO FUTURES. chica' O May 4. Ml ' O. r1i- I.. V CI.. 4 jj Wheat May Jl 14 15 $1 424 Jl 4-'' j .Tulv 1.2811 1 SSH 1.27 1.27 Sept. 1 119 1.20 1,18ft 1 1S kV .fi?-, f ! ' July .66 .6C .MM -to7 a oata iKlJ l! I May ,27&4' .37 .37 .37'8 July 40 .MVS .40V .40 rk May 21.25 Lard i ... U.J6 11.30 11.30 11 45 July Tl.40 11.70 11.40 11.67 ruba I July 11.70 12 00 H 70 11 92 Sept. 11.90 11.90 11. SO 11 85 H FLOUR MARKET. J: MINNEA PALIS. Mny 4. Plour un- II changed; shipment 50.140 barrels. I Bran $23. OO'?) 25.00. NEW YORK STOCKS. Allied Chc-anlcal & Dye 6C , AllLs-Chalmers 49 Amorlcan Beet Sijrar 40 Amoirlcan Can -. - American Car & Foundry 16214 Amerlean Hide & Leather pfd ... .. .' .mert.-an lnternatl.n:il Corp .. ... 16 Amerlean Locomotive 115 American Smelting & Reff. 57fi American Sucar ' Vmerl.an Sunuitra Tobacco 80 A merlin T T 122 American Tobacco 140t American Woolen Jl4 Anaconda Copper So Atchison 2Ji Atl Gulf W Indies Paid win Locomotive 11 V-,, Baltimore ft hlo . 4. Bethlehem Steel B J1 Canadian Pa.Mfic 141J1 Central Leather . . . v M Phandler Motors ' Chesapeake & Ohio J Chlcasjo, Mil & at- Paul Si Chicago H I & Pac 4V Chlno Copper -'jjs Colorado Fuel & Iron - t Corn Product 10'-,' Cruclblo Steel 04 7e Erlo Fnmou Playerfl-Lajky Sllj General Asphalt AiT General Electric 5? General Motors '- Goodrich Co Jljj Great Northern pfd S Great Northern Ore .28 Illinois Central '0' Inspiration Copper . 'J1... International Harvester J; Tnt If Of Marine pfd 4 International Paper fJJJ Invtnclhlo Oil . Kellv-Sprinc-fleld Tiro -v Kennecott Copper lKulsvllle & Nashville Ijw Mexican Petroleum S2u Mlomt Copper 31 Middle States Oil JOfl Mldvale Steel JTJ Missouri Pacific 8fw New York Central ' N Y N H & Hartford UH Norfolk & Western io'j NVrthern Pacific '- I Oklahoma Prl & Kef Pacific Oil 00i Pan Amer'can Petroleum ' ' . Pennsylvania JJ-, People's Gas 2 Pure Oil ;. Rav fv.nsolidatcd Copjer 16'j Readlnp: ? Rep Iron ft Steel Gl4 Hoval Dutch N Y Sears Roebuck Sinclair Con Oil Southern Pacific JO Southern Railway 24 .Standard Oil of X J pfd ' " : Sfudebakcr r..rp.ration '-'" Tennessee Copper 11 Texns Co 48 Texas & Pacific JJJj Tnhacco Produ. ts 4 Transcontinental Oil - J-'i Unkm Paclfie 138 I'nited Ketall Stores SI!1; U S Ind Alcohol -"0 I'nited States Rubber BSJJ Enlte.l Statea Steel Utah Copper "Westlnphoiise Electric MM Willys Overland . Amerlean Zine Lead and Sm 19 Butte and Superior .... Cala Petroleum 5S Montana Power 76 Shattuck Arlrona ?i LOCAL INVESTMENT SECURITIES. (As reported by J. A. Hogle ft Co. BANK STOCKS. Bid lAskcd Bankers Trust 1150 00 ? 1C0. 00 Columbia Trust I JJ.OO Peseret Nntlonal ! 270 00! 2.5.00 First National of Ogden 1 310 00 Peyeret Savings lOi. 00 . National Bank of Republic 24E r" National Copper 150 00 16 Security Slate Bank 110. 00 Utah State National 125 00 140.00 C a h Savin? A Trust ... 95 U0 1 11 10 Walker Bros Bankers 234.001 235.00 Zlon'a Savings & Trust . . 200 001 IXPUSTRIAL STOCKS. 1 Bid I Asked Ansal Supar" "3.00! I IS .I., preferred 69. oo' 70. oo Con Wagon 5S.001 62.00 Home lire Insurance .... 3:''.'. oJG.H'i Independen: ''al .46 .60 .r,-an '.i.rli-- s 100 00 102 00 Mt Stat. s T. I .v T. l . . 9S.00 102 00 Sctiramm-Johnson 8s pfJ. 93.00 101. 00 Stan.lnrd Coal 51 6S Etab-rdaho Sugar 3.30( 3.37 Utah Fire Clay 50.00, 55.00 Utah IT & Lt 1st Pfd 93.0l 9a 00 Z C M I 10S.00 110. 00 U S Fuel 7s pfd -72 .75 Walker Bro-'Try floods J 200. 00 ..... ) BOXPST" Bid I Askbd Is L Sto-k lCx 6e l'2: . . ' ?i 00, !o oo Standard Coal 65 )''24 . ... 93.00 Utah r .'. Lt )Sl Si 1944 . 92 or. 93. 00 Utah Lt & lr 4s 1930.... 82.00! Utah Securities Ss IS22'. .1 n.oo, 100 0 Utah-Id:ih Supa: T I'iru. .'i.50 95.00 4 I GRAIN 4 CHICAGO. May (.Wheat pri:es declined de-clined today during the early dealings, some pressure to sell being occasioned by downturns In Liverpool Quotations, n'twltli5tanding Wednetiday't advance 1 here. Bl 'Side, talk was current that Mr. v trades here were being evened up by "longs at opportune time' Deliveries on May contracts this morning of 150.- 000 bushels of wheat were announced and there were receipts in Chleao today of I 140 carloa.ln of wheat Tbo opening. 1 . .1 ranged from b to lc lower, with I Mai 11.44 to 1 44'? and July $1.2S'., to ! i..--. was followed by material further : declines. J i later the May option beeamc IrregU-'. IrregU-'. lar and was easily influenced by any , buying or celling, at one time rallying to above Wednesday finish. Exporters Export-ers be ame free buyers ..f July wheat , early declines but this failed to Influence market to any great e.- ! tent and the finish was with a rather heavy underonc. with a ma.lorlt of the ' local element Inclined t the hear side. , The cPfo ns weak at a net loss of 1U to 2-- from Wednesday's finish with '1 i2' to 1 12 and July J1.27 to i 1 27- C rn and oats were easier with wheat. f( rn started unebanred to HVlc lower, ruly C't to 6'-:s'-. and later showed a little setbaek all around. There va a good demand .r corn in evldene.-. but the market inoxed w'lhln relatively narrow llmrta. Reports said ! that c.juntrv offerings from Iowa gradually grad-ually were Increasing as nir!nK work Is making rarld rrogrcs.s. The finish was weak with prices unchanged to Mo lower, with July C5?s to 66c Oats opened Kc lower to a shade ad-un.'i,, ad-un.'i,, lulv 40 Vi to 40c. and then Valued Val-ued a trifle A big decrease in western stock of meat, together with higher CDlotatlQns on hogs led to a sharp upturn in Iho value of provisions. CHICAGO. May 4 Cash wheat 'o 2 red $1.4S: ',,. 2 hard Jl 44fl 4Gi-... I Corn No. 2 mixed 6l3c: No. 2 yellow 64'ff C4'ic 1 Oats NO. 2 white 40'i'g.43c. No. 3 ; while 3 (?i ' 'j Rye No 3 $1 08. Barley nominal. Timothy seed S4 50t6 00. ClOVar seed ?12 00 '22 00 Pork nominal. Lard til. 46. Ribs $12 SO Tj 13.50 OMAHA Neb. Mav 4 Wheat No. 2 hard $1 34gi 40; No. 3 hard $1.34. Corn No. 2 white 55c: No. 2 mixed I 54i54ie. I Oats No. 3 white 37?37$c; No. I wnito j 364(&37'4c. KANSAS CITY, Mav 4. -Wheat No. 2 hard Jl.32tg1.32 No. 2 red tl.31S1.3l. Corn No. 2 white 57m'i 57:;C; No. 2 yellow 58C. KANSAS CITY'. Mo. May 4 Close: Wheat May $1.28; Julv Jl.'lSU. Bepl $1.14i. Corn Mav 57c, July 60HC: Sept. 62;. M lvne A pol IS, May 4. Wheat caaii No. 1 northern 1! .60y8''' 1 547u. May $1.60; July J1.46T. Corn No 3 yellow (i5,,i'Jp&6Uc Oats No. I white timiai Barley 034j)64c. Rye No. 2 1 .031. 03. Flax No 1 $2 ?7igr2.S9. FOREIGN SILVER. NEW YORK, May 4. Fnrelrn bar sil- fi tn 69d Mexican dullare S3ic. 4; ' OGDEN LIVESTOCK 4 . Cattle 147 Hoos .. . 72 Sheep . 918 Cattle Receipts 147: choice heavy steers 16 00 i. 86; good steers 16. 604$ G 00 fair steers. $4 5Og5.50; choles feeder feed-er steers, JG.oOTi.oO: .-holce cows and heifer-, $3.0055.25: fair to gorwl cows and heifers $4 00'rj 5.00: cutters $2 .00 00 canners $1 00OS U0i chol?o feeder COWBCOWa $4.505l5.OO; fat bulL"? $3. 00 3.30; bologna bulls $2.00,3.OO; veal calves $8.00tf?9.00. Hogs Receipts 72; eholce fat hoe" , 175 to .'30 lbs.. J10.00; bulk of sales $0.00 TilO 00; feeder hoK.s '. ..O'IO OO. Bheep Receipts 018; choice latnbs 112.00013.00; wethers $5.oofr 6.00; fat ewes $T: 00O8. 00; feeder Iambs I9.V04J 10 00. Arrivals. P. A. Abel. Huron, S. D., 1 car registered regis-tered bulla. Hauir Packing Co., Los ngeles Oleg, Col., 6 oars sheep. j R Larson, Delta. "oio . 1 car hog-. H. Himman, Carter. Wyo., 1 car cattle. John Mawlson. Carter, Wyo , 1 car cattle. cat-tle. Shipments and Sales, Ogden Packing & Provision Co., Ogden. Og-den. 6 cars ratMe. D. A. Nelson. Huntsvllle. 1 car stock cattle. San Jore Meat Co.. San Jose. Cal.. 1 car cattle. O E. Wood. Portland. Ore.. 5 cars cattle I 4 FOREIGN LIVESTOCK I CHrCAOO, Mav 4. (United State Ru-reau Ru-reau of Mark- ts ) Cattle Receipts 13.-000; 13.-000; n stive; beef steers .sho-stock. veal . lives, sto kers steady; tor yearlings j 19 25 bulk beef "tcers of quality sell at $7.75 to "L50; bull." weak to lower; liaek- I .ts hi.iuing jr. 00 to s.5o for desirable I vealers; outsiders paid upward to jr. 23. I Hrs Receipts 26,000: fairly active, I mostly 13 to 20e higher than Wednoi- I day's average; big packers holding ha.k, 'top J10.63- bulk $10 00 to' 10.60: pigs strong to 15c higher; bulk J10.00 to 10.50; 1 packed sows $15 to 25c higher. Sheen Receipts 10,000, desirable light and mi ' u n w ghl firm iamb- ,..- ng steady; others and 9heep slow to lower, early top pborn lambs J14.85: WOOled 516 40; some hel.l higher; best handy shorn ewe? $9.00: heavies neglected, some bids below $7.00. OMAHA. Neb. May 4 (United States Bureau of Markets.) Hogs Receipts S.- I 000: active. I6026C higher: bulk 180 'o 1 230 pounds butchers $10.u5fl 10.20: top $10. 25: bulk 260 to 325 pound butchers 'o 85Til0.ofi: racking grades 7i".'hf .", Cattle Rer;eltps 8000; beef steers slow. 16026c lower; heavy grades off most; top light steers $8 50; she-stock and hulls steady; voaleri strong to 25c higher; . atockars and feeders unchanged. Sheep Reeejj.rs 6000; lambs steady to strong; ":ilif.,rn.,i springers $16.60: wool- I ed lambs $16 75, hest clipped lambj J14.60; sheep strong; clipped ewes $3.75; feeders, shearing iambs $13.25. KANSAS CITY, May 4 (United Stales Ruroau of Markets.) Cattle Receipts 3.-500: 3.-500: beef steers steady to 15c lower, ton heavies $8 75; best yearlings J8.60; bulls strong; bulk $4.75'a.'5.26; calves opened Steady t" weak; closed mostly 50c lower, best vealers early JO. 00479.50: other classes m-sily steady: go.wl cows J6.25 1 " ",.: (.'(if.-i heavy heifers $7 00; canners 50; cutters J4 P0f?4.76. Hogs Receipts 7000: opened slow, closed clos-ed active to packers and shippers. 10 to 25c higher: bulk 190 to 260 pounders I $10.16010. 30; top $10.35 bulk $10. 007 10.30; throw out scovs $8 909 ,10; irtock pigs trcnr: bet $10.35; bulk desirable I1O.1601O.S6. Sheep Receipts 9000; 10 to C.'e higher-light higher-light shorn Texas wethers $.10 00, shorn lambs steady t" 25c higher. 76 pound Kansas fed $14 65; Texas $14 40: sprlnir and woolc.) lambs bSXSly steady; six cars Arizona snrlnrers $16.00 bet wool-ed wool-ed Colorado offered $15 50 INCOME ACCOUNT OF UTAH COPPPER "FW TORK, May 4 The In. me account ac-count of the Utah Copper company for 1921 Issued fodav shows operating revenues reve-nues $$,375,697 against $18,902,925 In 1920. Total Income of $7R2.oss compared I with $4,924,500 In the previous y-ar. The 1920 .surplus of $4,924,498 was replaced by a ileflclt of $2,058,109. FOREIGN EXCHANGE. NEW YORK, May 4. Foreign ex-, ex-, change steady. I lir.-ai Pritun- Demand $4.4".;: cables Itl 14- Ml Amv l.lltw ..n LnnUu i Franco: Demand 9.16c; cable 9.i5c. Italy: Demand 5 35c. cables 5.35HC. i .i-lum: Demand 6.36c; cables B.86V4e. Germany: Demand .34rrnc; cables .34ic. Ilr.lla-iil : Demand 36.30c; cables 38 33c. Norway; Demand iv50c. Sweden: Demand 25 85c. Denmark: Demand 21 20' Switzerland: Demand 19.2V. S-ain: Demand 16.62c Greece: Demand 4.50c. Poland: Demand .02He-Cxech .02He-Cxech o-Slovakia 1 Demand 2.o3o. rgentlne: Demand 36.37c. Brasil: Demand 13 76c. Montreal Demand 989c SUGAR MARKET. NKW YORK May 4 The earl raw sugar mark' t was o,u!et and no sales were reported. Cubas on the rpot were nuoterl at CV" cost and freight. eo,uaI to 3.98c for centrifugal cen-trifugal second half May shipment at i 04. nnd June at 4.11c. Porto RIcos were nuoted at 3.98c There was only a oulat trade In raw sugar futures but Ue undertone was steady and prices at midday showed a slight advance The market for refined sugar continued quiet and prices were unchanged at 5.26 to 5.40c for fine granulated. Refined futures nominal Sutrar futures closed easy; approximate approxi-mate sales 11.700 tons: May 2.64c; Jul 2.S3c; Sept. 2 8Se; Dec. 2.86c. MONEY MARKET. NBW TORK. May 4 Call money firm: high 4!, per cent; low 4 per cent; ruling rate 4 per cent; closing bid i.ep .-'it offered at 4 per cent; last Joan I per cent. Call loans against acceptances 4 per cent Time loans easier: 60 days 4t per cent; 90 days 44'i per cent; six months i 4 "e ten i Prime mercantile paper 41i5'4,a per I cent. ' METAL MARKET. NEW YORK Mu 4 Copper firm: electrolytic spot and nearby 'lac; later 13 i?13tte. Tin steAdv; spot, and nearby $30.87; futures $31 00. Iron steady, unchanged Lead steady, spot 5. 255. 30c. Zinc oulet: East St. Louis delivery spot 6.00j5 15c. Antimony spot 6 25c. LIBERTY BONDS. NEW TORK. May 4. Liberty bonds eloped 31 95 22; rirsl It 99 SO bid; second I 99 4S; flrat 4'4-s 99.70, se'-ond J1 r9.50; third iV..J 99.83; fourth 4lis 99 82: Victory 3s 100 56; Victory 44s 100.02. POTATO MARKET C7HICAGO. May 4. Potatoes weak; receipts re-ceipts 59 cars, total D 8 shipments 878; Wisconsin sacked round whites $1.76Q 1.90 ct.; ditto bulk $1.1001. 9S cwt.: Iflchlgail BSCked ,,nid whites $ 1 . S U ' 1.90 cwt ditto bu'k $1.90()1.95 cwl Idaho sacked rurab 92 10 awt.: nesv sto-k dull: Florida double headed barrels bar-rels Snaulding Ro.e No. 1 $6.30'p6.75; No. 2 $4.254.50. BUTTER AND EGGS. CHICAGO May I. Butter lower; creamery' firsts 2vi0S8Vfcc; J-econds 2i"ci) 2&c; standards 33 'c. Eggn higher; receipts 28 407 rases; firsts 211(a'22c: miscellaneous 23Mc, storage parked extras 26Mc; storags packed firsts S6V&2S9&c Poultry alive unchanged. LONDON RATES. LONDON, May 4 Bar silver 33Ud per ounce Mi r l : . per cent rlc."jnt rates Short and three month IjIUs --m?2 7-16 per cent. |