The Salt Lake Tribune from Salt Lake City, Utah · Page 10Click to view larger version
July 25, 1936

The Salt Lake Tribune from Salt Lake City, Utah · Page 10

Publication:
The Salt Lake Tribune i
Location:
Salt Lake City, Utah
Issue Date:
Saturday, July 25, 1936
Page:
Page 10
View full page
Prev. page
Next pages

What members have found on this page

OCR Text

20 THE SALT LAKE TRIBUNE, SATURDAY MORNING, JULY 25, 1936. Specialties Whip Up Substantial Rally in New York Stock Market Gains Inspired By Reports of Heavy Profits NSW YORK, July 2-1 UP)—Specialties whipped up substantial rallies in Friday's stock market, but the list as a whole failed to make headway. Profit realizing flurries were frequent throughout the quiet session, with selling a bit more pronounced just before the close. The inability of the steels to follow through on their .spectaculi'.r performance of Thursday, combined with the backwardness of major motor issues, was a restraining influence for most of the recent leaders. The general run of business and Industrial news was highly encouraging to recovery proponents, although there was some question xvhether progress in a number of lines had not been discounted to a certain extent. Earnings Inspire Those stocks that forged ahead were said in most cases to have been inspired by highly satisfactory Ar ','J 1Ilr j second quarter earnings and hopes A N. Y. Stock Quotations NEW TOHK, July 24 <AP) — Following Is 11 list of Fr'doy's stock transactions on the New York sloclt exchange: STOCKS (Sales In hundreds) 1 1 I Net tSaleal High 1 I.ow | Last ) dig. Adan-.H Kxp Ar!ums-Mil Air K«luc AJasJui Jun Alle»;haiiy . Al Ch&Dye A.lls-Ch Mr Arn B Note Am Can (t<j |if . . Am C & F Am Coin Al Am &. V r. Am Jiitcr . Arn I,oco Am M & F Am Metal Am I' & I, ito Sfi S'l Am H&atS Am H Mill Am Kuf H Am a & F <lo pf . . Am Sll Filr Am Sup; Jl do jit . . Am T & T Am '!•'•>• . . do B . . A in W Wks 15 •1 0 4i 2:i 22 n u '1 21 l(i 8 H 1:1 a " 13K •ifl Ifi i 04 Ti 11 i 5 Sil 1 3 V.i 21 70V'. ja',i, 4 V, 2 11 V4 4S1.S 40Vi 135 i6. r >% :ni^ 21 Vi 27 1,4 M3V4 14 74Vj 22 1,4 27 i/j 108 87 UK i,i :ti% 55 MO 1 7 1 V-, inn 101 1,4 25% 13 '2. 1 785,;, i :t Vj 210 :io % ISM as-v, 21V. ,\% m 33 74^ 2iy s ioa 86 148 14 i % 110 170 1,4 100 10114 25 a,'. 13 Ik 210 48 4 0 1/1 134 Vi 1 05 *i 37 'A 21 Vi 7»i 1 1 '•'« 27 Vi 2.'i H 33 13W 74 Vj 22>,i 27% 10S HliVi 148 l/i 33% 55 140 .1701/4 1OO 1011,4 25'A - * - "A - 1 'A * ! & _ >2 ' f ' ' \i *•' '% li% «- Vt. *'"vi -' 'U " *'» ^ Vi - 'A - 1 Vi '-I® *- fy'ti :.;* :..* - ' ' i/i Stocks, Bonds Averages <i < Stocks (Compiled )iy the Associated Press) 30 15 15 60 JmluEl. Rails, mils. Blocks Net chank'^.. * . 1 , * -.1 Friday . . . i)0 O 38 7 51.8 67. Prcvloua rtay 89 !> 38 7 51 9 (17. Moil'.h afco. . 86.1 35. B 48 2 63. Year lino... 03.4 24.8 3:1 ,2 46 193B IllBh. . 00.2 39.7 52 1 «7 . 1938 low... 73.4 30.2 43 4 55. 1035 tilch.. 76 I! 31.2 44 7 5(i . 19.15 tow... 49.5 18.5 21.6 34. Movement In recent years: 193210V/... 17 5 8.7 23 . O lf> 1929 nlpti 146.0 153.9 384.3 357. 1927 low... 51.6 B5 . 8 61. S 61. Bonds (Compiled by the Associated Press) 20 10 10 10 Rails. Indust. Utils. Foreigi Net change .... -.2 -.1 Friday . ..93,5 103 3 102.8 69. Previous day 03.5 103.5 102.7 r>9. Month ago. . 02.2 10.1 0 102.0 f>7 . YearttKn... 81.2 <J8.fi !><i.7 68. 1036 hlj:h.. 94. ;i 101.1 .1 O2 9 72. 1936 low... 86.0 101 S 00.3 67. 1935 high.. H7.8 102. a 9!l . 8 70. 1035 low... 76.4 <<2 2 84.5 05. lfl.'12 low... 45. K 4O 0 f>4 6 42. 1&2S high 101. 1 98.9 102. 0 100. Ten low yield bondu; Saturday Ill Previrmsday 111. Month ano 111. Year ago , . . . . 110. 10:111 hlsh 112. 10:15 low 107. sub- Am Woolen do |if . . Amicvmda Am-hor Cap rn .lo pr pf T & H F All lief In . Atlas Pow Auburn An Aviation . . —U— ildwln It, do pf . . Ball & O . do pf . . that shareholders will benefit stantially in the near future. The Associated Press average of 60 equities was unchanged at 67. Transfers totaled 1,320,880 shares against 1,334,350 Thursday. Most of the rails slipped fractions up or down, apparently being undis- Bcnd'bT turbed by the freight car loadings report for last week which disclosed a more th?.n seasonal decline in shipments due principally to the drouth. Equipments Wanted AvI li L do 5 |if . Boeing Air Bonn Alum Borden .., BorR-Wflrn Brown Shoe Budd MfR Byerfl Co .altf Pnclt Cnllah Z-Lcl 3nl & Hcc -amp Wv . Cnti D d A Tnnad Pad Carriers&G J Cu.sc J 1 . .) iiterpl! Tr| etanese . . Cerro de P ertain-tcl heft & O . Chen Corp. " & N W . . hi r,t w M stp&p do pf Chi Pn T pf| Chrysler . . Coca-Cola . do A Colo F & I do pf .. Col G & E Col Pic vte Col Cnrb Com Com Crudlt In Tr Although equipment shares were In demand, motor leaders apparent- uliio'va Wat ly ignored n sharp and contra-sea- „""„•*,?. M Eonal upturn in production of both passenger cars and trucks. Following the market's close Chrysler voted a dividend of $4 compared with $1.50 paid on June 30. Most analysts considered the declaration unusually generous. For the half-year there was a net of $6.83 a share, slightly better than had been forecast and the best in the •company's history. Thfi stock showed a loss on the day of 1 5-8 points at 118 1-8 in New York, but later in San Francisco brokers said a rally took place. General Motors eased % at 69 3-8. Merchandising issues maintained an advancing trend as week-end trade reviews found retail and wholesale distribution proceeding at a brisk rate with signs that public purchasing in the fall would be the largest in several years. The farm machinery division received support as more rains were promised for the drouth districts. Coppers and oils were indifferent, notwithstanding growing demand in these- lines. The utilities merely marked time. Leading Gainers Among the outstanding gainers were J. I. Case, up 5 points at 168; G. C. Murphy, up GVi at 62Vi ; Minneapolis-Honeywell, up 5'/i at 80; Owens-Illinois, up SVi at 158 Vi Paramount First Preferred, up 2 3-8 at 67 3-8; U. S. Pipe and Foundry, up 1% at 50; Douglas Aircraft, up '3 5-8 at 71 3-8; International Harv vester, up l',v at 84%; Hercules Motors, up 1% at 31H-; Electric Auto-Lite, up 1 7-8 at 41 7-8; Holly Sugar, up IVi at 36 Vi, and Purity Bakeries, up 1 3-8 at 14 8-8. Casualties of fractions to a point or more included U. S. Steel at 64 5-8, Bethlehem at 55'/i, Allied Chemical "at 210, Consolidated Edison at 41, "N. Y. Central at 40, Celanese at '26%, U. S. Rubber at 29%, Lambert •at 19, Phillips Petroleum at 44Vi "Continental Can at 77 and Air Rc- "ductior. at 78 5-8, il 10 101 1:1 12 1 11 S0\ 21 01 n 20 7 170 5 <J7 0 fiO 134 3 23 K 17 1 22 51 5" r> It) R'/i 64 81,'-, 03 301, (, 72. K;I% %% 5? 11 40 70 201 iisvi 5 % 3 % •I 3 Vi 21 l,-j 32 '7% 17 % 17 111 27 47 .'U ?i 50 1,4 53 % 51 V4 1 2 % 13% 33 Vi 20 21% 64 39 Vs i ^ 10% I- 4 % I . . ™V'!" 20 61 4 :> i 21 a 1 1, 17 i 12 Ml 35 % 14% 13M, 168 '" 75% 2K 55 11 fifi % 12R h 3-Y, 58-H iin.% Com Solv Com &: Sou 'ongo-Na . Con Edts . Con Oil . . Con Text . Cont Bak A do Con Can Cont O Dell Corn Prod, j rlo pf Coty . . Cr of Wll Crown Zclli Crucible Stll Cub-Am Sul do pf .. Cudahy Pk Curtis5-Wr do A . . — I)— Dcern & Co Del A Hud Del L, & w Detroit Brl Ills C Seng I>ome Mln. Doujrlas Air Du Pont do deb —F— Eastern J Eastman K El Auto Lt El P & t,.| do S6 pf do pf ..• Endlcott-J Erie R R. .1 Eureka V C Falrb Mora F T & R . F Nat Sirs Foster Wh Free Texos R 2 50 164 4 5 21 30 30 114 24 50 SO 12 1(1 221 33! 11! 57 1.1 V 129 723, soy. 151/1 31 •I t Jj, ' r * 34 1 4 l,<. 12VR fifi 14 81 i/i 1 Vi 3 -I-, 581,4 111 S7 13V, 5% 4 3 l/j 21 3 1 Vj 17 te 34% 20<>i 21 S5Vj 37% 12 3 3 '/4 331,1. 28% 21 >A 34 1 -Ts 11% 35 TVi 168 26-M 54 •% 31 fifiV-j SIVi 1->J SR-vi i- 1 !>i 38 721,1 103 U 51.1 3(1-1!, O'A 711 _ , 1. SOI 98 Large Gain Shown In Retail Business NEW YORK, July 24 (UP)—Retail trade during the past week rose 12 to 18 per cent above the corresponding period of 1935, Dun & Bradstreet, Inc., said Friday in its Weekly review. Improvement in consumer demand was a stimulating force for the wholesale trade. Wholesale buyers increased to the largest numbers since 1930 and their orders were the most generous since 1929, the review said. Earnings Reports NEW YORK. July 24 (AP)—Freerort Texas company, producer of sulphur, chemical aiul mineral substances, \vlth proi>- erties in Te*as and Louisiana, reports lor .the first half consolidated not income of 51.014,873, eijual. after preferred dividends, to 1.22 cents a common share. »h.irc In the same 1035 period. Karnlnss ahareln the same 1935 period. F.arniiiKS reported arc without provision for undistributed profits tax. Hercules Powder company reports for the .iccond quarer net profits ot 5>o.f56.943, tqual to Sl.r;9 a common share, compared with $805.101, or SI.V2, In the rpccciUnK cjnarter nnd S74IS.620, or <J6 c«nt3, In the June, 1035, quarter. Continental flaking corporation reports for the 2R weeks cmlert June 27 net profit, without undistritinted prnfivs tax provisions. of 51,367.455. or S3.41 a share on thi: 8 per cent preferred against ST.'JtV.'V*", or 51.84 In the corresponding 1033 period. of the l,e- S2 Pentck & Ford, L.td., Inc., make .corn products and syrnpa. reports f..r June quarter net profit of S3 1 )-!. 775. ' foro undistributed profits tax. equal t ^centa a common share. That mnip^r-'s Vr'lth $38S.2SO, or SI. fir.. In the Mar.-h period and 5207,134, or 5i> cent?. In the set- .end quarter of 1035. Oen 31 1:1; 41 45 124 34 4 1B7 1 17, 3 11 21. 1G 30 3 31 4 26 f> 4 47 13 U. S. Tndustrlftl Alcohol rorr.j.nny rc- Tiorts for the flr.^t half net Inoonip nf S^9,- 7R2. or 23 cents a shnre. comimreil U'lth S275.531, or 70 cents, in Ibn KKC 1935 period. !>.f)6l cxpenflll tires, ilance. Si,:i7 1,7:(n,- Treasury Kcport WASHINGTON. Julv 24 (APJ—The po- Bltlotl of the treasury Jnly 22: Receipts, ;5Sl,2s6,07P.f)Ri $62,036,540.84; net balance •737.SS; customs receipts for the month, 522.326,897.54. Receipts for the fiscal year (since July 1>, $214.573,838.33; expenditures, S2M.- 3S8.040.01. Including $12.0f,«,fir>8.:i5 of emergency expenditures; excess of expenditures. $09.782,210.68; Kro.ls debt. S33.4!*].- 308,380.73. an increase of SI.098.04D over th»i previous day. Gold assets, S10.634,- «Jb688.03. c A Tr Gen Uak . Gen Hron^e Gen Cablo . Gen Klec . Gen Foods Gen Mills . Gen Mot .. pfd . .. r;en O Adi- Gen R & U Gillette . Glldden Co Gold Dust Goodrich . P_M . . . G T & K 1 pfd Graham P Grant W T GNIO elf N R pfd Gt W SUB Hayes Bdy Haz At Gl Here Pow . pid ... He rah Choc Holland F Home M . , Houd H A do I! . , Howe Sd . Hud Mot . Hupp Mot II; "ce^it" . Indust Ray Inland Stl Insp Cop . Int Bus M Int Cement Inl Harvest Int H El A Int N Can . Int Halt . . Int T & T —.1— Johns M .1 —K— I Kayser J . K A O pfd I Kel H W H KelvUmlor . Kennei'oU . Kresco H S Pfd . . . KroR Groc . — I.— Lambert . J.ch Corp L I: My n Lima Coco Mi] Garb . J.'IPW's . . LOIWC! W H I.', rill ant 1 Lou K N Mack' Trk.i M:,(•>• P. H M:iK Oo|. . Man Slmt . M,\r.Hli Fid MrCall . . M.'fr stra McK ^ J'. Mcncel . . I ,V MeMl.i M . | h Mid C P.'l ,) 37' Mlrllanrt Stl: If, Minn At I in; M K & T i 1C,. Mo P.lc pfrli 9! Monsan Ch t 2 Mont Ward! 2T)0 1 72 501 30 44 68 1 13 G B 2 240 40 0 12 1 IS 1 30 fi y. 7 5 Mi 72V, 129 -n 42*1 14 » 141 20V- •17 " 29% SO 1,4 111 57 21 i/i 37 127 71-V t 80 15 3^1 33 41 13 V. 72% 163 Vi 5 1,4 3 Mi, OVi 38 10SJ, 07 30 17 TS 18 - .Vj ]02,S Illph 1032 luw . . G 4 b 104. -1 SB.8 Dow-Jones Averages (Furnlshfd by J. A. Hoyle & Co., members New York stock exchniiK^J IlltMi Low Close 20 liirtust l(i. r >.3l IRt 00 164.37; off .24 20 rails .. 53 (it) 53. Ol 53.21; off .02 20 lltll.H .. 35 33 34 Sff 35.01; off .00 40 bonds. 103.61). up .04 Nnt DiHlllI Nat Load . N i 1 & L . Nut Steel . Ner Inchist N Y A I3r N Y Cent NYC&SLpf at D in 13 H3 I'l 130 n 27 28t,i 13 48V4 41 77V, 26 V> 27 Vi 12-% 66 44 Vj 39 % 77 26% 27 l/i 66 '* 46 Vi 40 77 % N. Y. Bond Quotations NEW are YORK, Friday's July 24 (AP)—Following K. July high, lo - - u -.. _,.. and closing prices o/ bonds on tne New York stock exchange and the total sales o( each bond: U. S. GOVERNMENT BONDS (Dollars and thirty-seconds) (Sales In $1000) TREASURY ISalesI High I I.ow I Last •1'4» 47-52 3 l,Js 43-45 8-ViS 46-56 S-lfs 40-43 June . . . 3-%s 43-47 3%s 41-43 March . . 3 Vi s 41 . . 3i,is 44-46 3 V&S 40-19 3Vds 40-52 33 46-4S . . 38 51-55 . . 2%3 55-60 2'lis 48-52 2%H 51-54 108 170 117.157 107,19 10S.11 108.25 108.24 107.19 105.26 105.26 1O5.4 104.13 102. a 101.27 101.4. 117.23 107.26 111.6 108.7 108.11 108.25 108.24 107,15 105.26 106.26 105.4 104.11 102.6 101.25 101.1 117.27 107.26 111.10 108.7 108.11 108.25 108.24 107.15 105.26 106.26 105.4 104.12 102.7 1O1.25 101.4 Markets at a Glance . ex- lift FEDKHAL FARM MORTGAGE 3s 47 . . . 33 49 . , 3 Vis r,4 I 141103.2G 1 103.5 .1 2]l04.3 103.22 103.5 104 . 3 103.26 103.5 104. a HOME OWNERS LOAN 3s A 52 2%s 49 . . . . 2 i/i s 42-44 . . 13 102.23 47 101,14 102.2O 102.23 101.11 101.14 101.111101.14 CORPORATION BONDS (Sales In SI000) l High ) Low | Last Allcfhany 5s -14. . do S3 40 do 5s 50 .... Am&F P 5s 2030 Am lOCh bVis 40 Am H M 4 '4 n 45 Am T&T 5Vi:l 43 do col 53 4G . . do 5s 65 .... do 4 143 cv 39 Anaconda 4 y-s 50 Arm Del 4s 55.. AT&SF 4s 95 ... B&O ,, . do V? Beth rlK oa 95 . . cvl 4l/4s 60 Stl 4i/iS 60 C- 29 31 5 18 10 36 28 20 f,9 11 B7V' !I3 84 76% 1131/fc 114'.- ioa 112% .. 111'. 105 Vi 105 98 977 114^81114 37 92% 84 75 V4 113 114 1141/ 108 41/4 8V? 07 93 84 75 'A 113V4 114 114 U 108% 112% 88 1. as 78 105% 105 1051,1 9S 114 88 781/4 105 VI New York Stocks— -Firm; specialties hibit strength. Bonds— Strong; corporates as governments ease. Curb— Higher; specialties, mines and oils taken. Foreign exchanges — Easy; golds lower. Cotton — Steady; trade and foreign buying. Sugar — Quiet; poor spot demand. Coffee — Lower; trade selling. Chicago Wheat — Lower, influenced by corn. Corn — Wsak; general rains predicted. Cattle— Steady. Hogs — Steady to 15c lower, top $11.10. Curb Closes Mixed in Mild Trading Day \ NEW YORK, July 24 (W— Swinging high, then low, the curb market closed mixed to slightly better Friday. Oil shares were firm throughout and showed fractional gains over the previous close. Support was accorded utilities and leaders held steady, while some industrials and specialties tended to slip off mod- Copper Sales In July Make Record Month erately. Pittsburgh Plate Glass ran for- What the Stock Market Did Fri. Thur. Advances 317 412 Declines 330 246 Unchanged 201 168 Total issues 848 826 ward 1% points to ISlV'a and Union American Investment jumped 4% to 35^i. Bridgeport Machinery advanced 2 to 19 and Sherwin-Williama picked up 1% at 139%. A gain of % was scored by Gulf Oil. On the down side, Fansteel fell 1% to 12% and Cleveland Electric Illuminating I to 51. Other losses were fractional. Curb Dealing c? In New York NEW YORK, July 24 (AP)—Following Is a list of Friday's transactions, on the New York curb exchange: 1'A 73 45*6 10 148 21 Vj 53 H lf,4 12014 40 U IB-is 54 14 42% 70U S^il is'" 131,4 103% 3 7 Vi | 1RUI •I OVi | 52 u, 20% 47 29 421 40 ' fi-l Vj f 4 V4 IF [Vi 53 Vt 71% 164 5/ t 129% 14 14 U , 2!) 1» 47 2!) 26 14 53 1,4 13 42 U 40 64 V. . 20:132 Vi 14 40 '* 1|420 41 41 U S JJ* l'i!i 20 14 10S 33 «i, DlVi 37 '~ IR 39 1,1, 35V4 2Vd 25 30'Mi 90 121-' 14-11 •15 ins 23't, 01 U 37 an i 35 -l •120 401". 2-Hii :to OS i,i - -1 Vi 411 5-1 51 511 5 .10 sol S . 17 \' 51 jj 94 24 20 44 25 1,4 i :ifi-i v> 164 1,41 I 52 | 52»i| 50T»I 51 '"l 28% I 28-'4 | 131,4! iy*»i il!2 1112 20 Vi n-i 1,4 51! 101,4 1'IOS 18V4 . 21V4: 1V4 , 1 1(1' 20 JO I,! ir>i» 01,8 34 471.4 471.-, 20 51 23 30 Mother I.d Mot Prod Motor \Vh Mur Corp . Nash* Mot . Nat nisciiit Nnt C R .Vat D J>r Nat D Strs 5 15 el 100 OS I 451,4! 1V*| 39 Vi [ 20% I 10 V4 •14 VI 2J«, ZoiUi 32J» 37 51->i 43 24% 01',4 4 7 if, 47 %| 20 | 51 2.TVI sn 5 % 08 45V4 111 17 I 2014' 18%' .111 3fi! 26% I 27V4I 15 Hi jfi','»l- 33 I- 167', 32% 25 V»l 23 2fi%| 27 15' i 15 V4 V4 N Y Invest VYNH&Il . N Y Ship -jy.s 57 pfd ^ Am Av ^or Am,er . Nor Pac . Ohio Oil . Oliver Fm . Otis Elev . Otis Steel . 0 111 Gl ... P cT&~Kl . Pac UK . IT&T pfd 1 Pack Mot . ?ar Plcl .' 1 pfd . 2 jifcl . Park & T Park Utah Parm Tran Pathe Film Pat Mln . Penney J C Pcnn R R Pfclffer B Phelps D . P R C & I Phil Pet . P Oil pfd . Pills Flour Pr Stl Car Pr & Gain P Svc N J Pullman . Pure Oil . . Purltv Blc R — Radio . . . Rli(t K 0 . Rcm Rand Reo Mot Repub Stl do cv pf Key Tob B Rutland .(if j Safe Strs St J Lead St L-S F do pf . . Kcheuley T> Seab A pf Sears Roeb Servel .... Shatt F G Sh Union do pf . . Silver K C Simmons . . Soconv-Vac So Cal Ed Sou Pac . . Sou Rv . . do pf . . Sperrv Cp Snto pf A Sp M Stern St Brands Std G&E1 do pf . . Std 0 Cal Std O Itirt Std 0 N J Stew-Warn St & Web .Studcbaker Swift & Co Swift Int Symmctou — T — Texas Op Tox G Sill Thnm Prnd Tiik'-W As Timk-n A.\ Tlmk R B Transamer Tr & W Air Trl-Cont C — I.' — Under-KU do pf . . Un H & P U Crirtil'le Un Oil Cal. Un 1'ac . . U Air Line II Air Corp Unit Bis . . Un Carbon United Cp Unit nrue Un Dvi> pf Unit Fruit U Oas Imp U S & F S U S Gyp U S I Alco U K l.ea . U S R A 1 U S Rub . . do 1 pt USSR U S Sled ito pC . utii r>&r, A Vamullimi — W — Walprene Walworth Ward I!k A Warn Plct Wess O&S West Pac: W Un Tel West Air We. at F.1&M Weslv Ch White Mot w R M SP Wlls & Co Woolworth WrlKht Ac Wrlsirv Jr Yd Tr&C Youilir 8>tT — 7. — Zenith P.nrl X.ouite Pr 35 3 1 r> 11 61 OS 16 i:j 10 2fl| 6 12 6 l.flO 111 1 66 21 14 2 11 3 4 3 11 01 1 31 6 ia 8 3 41 f, 14 25 9S 107 110 4 11 04 6 10 1 li' :t J4 i 23 33 53 1 2 fiO 100 in 101 38 26 43 .60 7 55 S 32 31 15 29 30 K fl r 53 17 1-1 25 24 16 45 S 4 .sr • ti 8! n 16? 1M .nt 41 1 ir 3 1 3 1 1 5 1 r .1 1, 6 3 I'A 3 Vi 11 Vi 34 % 28Vi 13% 44 Vi 27 '/„ 16% 158 V<. 41 58^ 71 V'j 11 1/4 67% OVSl 2-1 % 111* BO.-)! 37 12\4 3S IA 1-Jl 451,;, 11 l/i 32 4^ 51V* 20% 12V, "Ol''*' 21 ','„ 0114 °6 * 40U SOt'", 243; .124 '* 9% i 4 T! 3 I'A 4(J.X>4 IS i/j 20* •& ifc 30 i& 20'lS 30% 21/4 40 3r> ^ 13Vi 20V<J 84 n I126H ivv 1 ! 22 Vi i;ui 2724 S2 t|> l.i ' 1 '1 !,•! '1021.4 8 2 l.i 34 »!, .1 SO '" > 65 it 1 5'. 1 >: 2 n: J! 3.11.. v 7H, li 231.1 ' lli< r > 30V ^3 2 S 0 -T s; 4u- S'134 V- > ii.Tl> 1 ^'i i 5;i V 0' K7 r >i 67 fii 711 S 321 51 7* 1V4 3% 108 V-j 34 '* 27 13Vi 44 aon 1 6 1/4 156 i/j 40-1i r>s 7 I'A 11 76, i 65 n 24 7/ H 3 1,4 7% 3BV4 12 Vj 37% 1% 44% 11 31 H 2% 45% 47 51 13 '* 12 3 f> "'R 4 7 /8 2H4 01 55% 6 a on 2.'! VI SO '" 24 1,4 15% &* 14 V4 31 V4 ;!oii is 35 Vi, 20 l/i 50 78 V4 15*i j??> 38 '* 36 Vt 63Vi 10 V4 mi/. 11 'A 2on 30V!i 2 i/i 31 ITVfc 18V:i 20 ' D4i 83 Vi 126 V^ 42Vi PS-ij 135V-! 18 26 Ts 26 »i 82 ' S 141.1 1021,4 in r. -n »'.» 2n-i4 7 !> V? i2n ' s 5 2 1 3 Hi, J, Jo'a 8RV4 4 1 1.' 13 31.-. m 3 r> >,i 7.v < r>2 ^. 87 66 t 20 if J 70 It 1 Vii 3% 11V4 LOS Vi SVi 3 4 1/4 277/ 8 4416 26-H 1 6 Vi | L5S Vi 4 0 Vi 58 711.4 11 7fiV4 8VS, 67 y, n 247', 7* 7V* 11 <A no-u 36T-S 12 Mi 37 V, 1% 11 'A 32 3 45 Vi 47=i 51 10% 14 -Is 12Vi 511, 20l,» •1% 21 Vi 91 55,i 30V, 23 Vi 2V4 •Hi 3!) 7 /s 2ii SO 24 H 15% 19 Vi "a -In 34 14^!, 31 Vl 30 Vt ISVi 35 Vj, 20% 50 78V4 y* 36->i 63 Vi 10 7 i 11 V* 20?-i 30 Vi 2Vi 39 Vi 35 Vi 31 •% 1 7 Vi IS VI 1 3 U 20 ov t - 5' 1 J 4 ''•Ta'vi on 22-1!, is 27 l.i 26»>i S2 R 141.4 J102 V4 1 7 in nn 3i-n fi*i nvi 29 a;, 741,1, SO 1 <vl% 129 5 1 33 U 22 ^i 11 30 M RS 1.1 411" iri^-,? 7 -^ fijlV fiii f 20'.< 70Vi 32 — >• Vi •- f/t * % - Vi t- •-'** - Vi -"i/i <- Vh r 2% -"j,i - Vi '-'"*/* - Vd - Vi : " vi - Vi i- ' ' -if! t- Vi *- v& - ' ' vi •Is - V4 - Vt - Mi j/ I...*• * ' -i ' V 'a, - * " \- *• "V - i. 1 . . .'. !- s -' ' i 7 1 : - 1 1 +- J '*" " o' ( - 1 ». 3 *3 f 1 Total sales Frlrtnv. 1.320.SSO: prevloi dav, 1. 334.350; week ago, 1,527.260; yen a t;o, 9S9.4SO; (wo vears a«o, 2. 213, Till January 1 fo date, 2S6 OflO 024 : year a^a MS, 306,628; two years .-IKO. M l.-ITO.t, ; . Boston Slock BOSTON. July 24 (API — the sale*, hlph, low nnd r o stocks traded Friday on the Lis Follow sinK I 1 IJosto t Ing ar rices o n atoc 1 Kla. 1 HlKh. Low. f;ios Copper Ranee . . 500; s i,Hast G & f . .. i; 77 Kast K S 1 16! 13 l, Edison Klec 111 .. 2.12 I fir, Kmployer.i Group 150 21 fy Gen Cn.nllal 2OO! 41 ' Isle Roynle ..... 25; 1 7 Xcw Enpr TiT .. 113 125 ' .N'orth Rllltc ... lOOi^'iri Quliu'.y 22, r > 1 * ShHwmnt A.isu . . ISO i:t-"i Unit Shoe llach 22S 89 i Utah Apex 1O 1 Ulnh Metal 2075: .SS Warren Bros .... 6f>i fi l i «', TV : 131, liirti. H 21 V i 4 1 '. . 3o x IV , J .'t -1 "i i . 75 fil 7? j Rj 1 iJ,h!! . 21 'i k 4 1 Li, ^i!25 '" i .3r> 4 !•% i ^ .82 i 8 V4 Total Boston stock. Bales Friday, 22,251 shares. Flour MINNEAPOLIS. July 24 (API — Flour carloads, pur barrel, In OR-pound cntio sacks, family patents, unchanged, $7 SO 5 7.5O: standard patents, unchanged, $6.5 41.. 6.7S; shipments. 24.173 barrels. an Nat 4V4s 57 do 5s 69 July. . an Pac 4 Vis r>0 do 4s perp . . en Pnc 5s fiO . . do 1st 4s 49 . erlaln-td 5V4s 48 B&Q rfR 5s 71 A MSP&P 5s 75. . do adj 5a 2000 &NW cv 4%s 49 al G 5s 61 .... n O NY 4 Vis 51 onlalncr fis 46. . 1) & R G 4 Vis .If! & H G W Ss 55 T.' rlc rf 5s r.7 ... do rf 5s 75 . . enCable 5 Vis 47 etlStCst 5V4s 40 oodrlch 6s 45. ootly T&R 5s 57 t Nor 4 Vis 77 E 1 Ccn 4 % s 6(i . . ut Cement 4s -15 it Patier 5s 47. . )T,tT cv 4 1^.3 30 rto 4 V4s 52 . . do deb 5s 55. . KC P&L 4V4S 61 TcK&R 5 Vis 50 lo Pac 5fl 77 F. . c o pen 4s 75 . . lout P rfs 5s 431 NYC cvt 6s 44 ( o rf 5s 2013 i n 4 Via 2013 A NYNHS-H 4l,is 67 f Y Steam 5s 51 Jor Am Co 5s 61 N Am Ed 5 V-s 63 Nor Pac 6s 2047 do 4s 97 .... Ore-Wash R R-& N 4s fil Otis Steel Os 41 . . T» Pac T & T 5s 37 'en P&Lt 4 Vis 81 Pen RR KII 4 14 81 do 4 Us S4 K do 4 V4s 70 Phila Co 5s 67 . . a hll Elec 4s 71 P & W V 4 V4 BO C 3 ort C, E 4 V4s tiO Post T&O 5fl 53 1 Rand 4-s 5fi Rich O 6." 44 A c* St L S F 4 Via 78 (lo 4s 50 A . . St. P M&M 5s 43 Skelly Oil -is 51 Sou Pac 4 V4s 68 do 4 Vis 81 . . .S P 4 Vi s Ore 77 Sou Ry con 5.1 94 S W Bell T 3V> 64 Studcbak 6s cvt 45 Swift & Co 3% 50 T Tex F S 5 Vis so Tex Cp 5s cvt 44 Tex & P 5s SO D Ull Pac 1st 4fl 47 do 4s fiS ... Jnlt Drug 5« 53. Utah L&T 5s 44 Utah P&L 53 44 Utll P&L 5 Vi a 47 do 5s 59 ... Vanadium r>s 41 V & S W con 5s 5S Wabnsh rf 5V-s 7 = Warn Bros 6s 30 West P 1st 5s 4£ West Un 5s 51 <!o 4 '.is 50 . . do 5s 60 .... 7 1 111 ion 70 32 I 15|l 2 3 1 181 19 fi 111 6I1 111 2 44 57 6 ] 2 1 1 3 12 ] 73 180 7 14 28 21 l 50 481 11 108 35 10 ll li 38 7 1 14 14 S 16 O P 9 39 no 17 51 21 1 40 60 22 27 *j 6 5 14 5 n 3« S 3 1 14 .= 1 5 22 i 1 1 38 4 14V4 I 17 7a I 05 J UV Vd 02 Vi 1 10 ] 92^!, 151^, I 20V4 71,4 12Vi 04 4i 1 Ofi% ] 04 32V- IV V4 !o^ 1051.4 861/4 L05V. LOSVi L02-14 79 V<! t49i,i 92 *| 7 .?^ 1 111 Vi 1 33% 14 1071,8 114 Vi 95 V4 107 106 1O4% 111 100 106% 102 Vi 101 H 1.07 Vi 109 l/i 109 104V* 1053i 104% 30 Vj 107 ^i 40 2 1 ',4 23% 104 V4 OSVi 97 "* 104 V4 107% 1 981,4 lOfi lOfil^ 101 V, 105 Vi 11.11,4 1 0.T Vj 10141 1041, 104V4 1 TO*, 95'ji 3: 94Vi 34 Vi 1OG 1107% 108 13 n 17% L05 flS% 02 L09% 92% L15% L044i L06Vs L04 31V4 SOVi 80 V4 LOS 86 1051,4 105 102% 78 M, L47 Vi 99 Vi 91 Vi 7 . 8 y> lllVi 103V4 33 Vi 13V4 107V8 113 H 95V4 SOVi 30 107 106 104% 110% 108% 106% 102% 101% 109 '* 109 103 V4 105% 104V* OOVi 72% 30 v£ 107% 39% 21 Vj, 23% 1O4V4 98 Vi 91% 91 Vi 86% 104 Vi 1071:', 97 V4 106 106 Vi 101-Vt 105 Vi 113V4 10314 101V4 10-1 1O4 7.'l V4 70% 89% 95% 32% 94 ' 34% lOfi 1(17% 107% L14V* 105 -02 Vi J L09 % ' 92% ' 115 Vi 201/4 7V4 ' 1 2 Vi ' 104% ' 106 Vi ' 104 31 V4 17V4 81 801,4 105 y 105 vi 1051/4 102% 78% 149V4 §?3* 79 " 83% 11 I'A 1031/4 331/4 13V4 107% 113% 95 'A 891.4 30 107 l()(i 104% 111 10D 106% 102% 101% 107 i/i 1091A 109 1041,4 105% 104 Vj. 90% 72% 30>/4 107% 40 21% 23 % 104 V4 98V4 91 V4 91Vi 96% 1041.4 107 % 97 V4 106 106 1/4 105 Vi I113V4 U03", 101% 104 l(, 104V4 74 70% 05% 32% 94 Vi 34% 106 107% 107% FOREIGN BONDS J.Saies in $1000) Abit P&P 5s 53 ArR 6s fil Feb Australia 5s 55 do 4 Vis 5ti . . Belgium 7s 56 . . do fis SS .... ncrl C El (is 55 Prazll 6 1,4 20-S7 IHlcn A 6 1,6 a 55 Canada 4s 60 . Chile M B R-Vi 61 Chile 7s 42 .... Colomb fis 61 Jai Cuba 514.1 43 . Denmark 5iAs 5C do 4 i/. s fi2 . Finland 614.1 50 French 7 'is 41 . G C A B 6a GO .In do fis 6O Oct C, C A L:i fil/, Sf O Gvt lull 5i,4s (if Ger Gen El 6a 4f Itlllv 7s 51 ... Japan 6 143 5J Kr & T 5s 59 cv Norway 5s 63 . Rhine W fis 55 Rlo i!c J 6 'is 5; P-omf 6i.4s 52 S Paulo Si 7s 40 Toklo City Sii.i fi Toklo F.I Lt 6s fl. Yokohama fis fil r r i 1 11 ir i. 4 • 3 T 45 If 1 i C 7 t ( i i 11! 1 i 3 .1 1 5fil, R 100^" 107 1.4 101 -Si lOfiVi '10SV4 2.-n» 2S 99 Vi 109 % 13 14 "Si 23V, I 49 '102 l.i ! 99 i/i ilOOl- :ifi2Vt 3511 30',' 99 V< s 42 lO'I v 25 i 16 791,' > 881,1 77' 78^1 82 55% lOO}-: 107 101% 10 (Ski lOfiW 2 3 l/i 27 Vi 99V1 1091,4 13 14« 23 VS 47 V- 1O1.V 99V 1001,1 62 \ 31*1 V ilP 99 ^ 1O1 a 1ST 79V 88 1 7~J 82' 55 % 100% 107 101% lOfiVi 10614 23% 28 99 'A IS ! -17 % 101% 1 'M 1/4 : 10Ol,i l 16214 1 35 'A 1 30 Vi 37 % 2B : 34V4 1 84 % 99 ? 4 1 % i 101* s 16 i 79 J4 i 77-V i 78 % Total sales Friday. S9. 785 000: prevlou ilay. S9.OIS.OOtl; week ago. Sift. 449, <juu vcnr aco, SK.O.'M.OOO; two years nco. S18 N 14. 000; January 1 to date. S2.OO7.072 (100; year ano, si ,801,134.000: two year ago, S2, 305,589. 000. N. Y. Bank S NEW YORK. July 24 (A are the bid and asked quotat hy the ISMw York security cl \ork hank and trust company Friday on an over the connte tocl r*>- F Ollfl fl alera fltOCtf • tlHStfl *s irnlshe! on Ne\ trader HANK ANT) TRUST I Bid. Asked. Hank of Manhattan .. Hankers Trust . On Han Rk & Tr . Chase National Chcm r.k A Tr .... Cont Hit & Tr Giiarar'tv Tr Irvlntr Trust Manufacturers Tr .. Nntlo-ial City '. 32 i/j (.S 47 '" 67 19 341 1 7 i i •1 9 i/i 1 43 34V4 70 in ' 69 20 ',4 3s n IK', 51 1/4 45 JN'SURANCK Aclna Ins .... Bait Amcr .... Frank Fire 1 '. '. " Homo Ins U S Fire ...... • '••'•• 55 SVi 29 Vt iov^ 53 V t 57 $$ 55% Rubber NEW YORK, July 24 (APi — Crude rub i her futures closed harelv steady. 5 to • lower; July. ifi.29t>; September, 16.32 5 December. 16.42. Smoked rihbert spot. 1G 31n. STOCKS , (Sales In Hundreds) * Sis. Mum Co Am . . . \m City P&L B ^m Cyan B .... \.m Gas & El . . do pfd Vm Light & T . . Mn Sup Power . . \s G & El A ... Vtlas Corn do war Bliss E W .... Bhic Rldce cvt pf Brill A '. Bunk Hill & S 3cn St El .....' titles Service . . do pfd 2oH Pat F dolum G&R pfd |1 Con Cop Mines . . Cord Corp El Bond & Shr do pfd Electric Share . . Equity Corp . . . Excello A & T FIsk Rub FU'.itkote ?orrt M Can A Ford M Ltd . . . Gulf Oil Secla Miu rtolllllK Oolll .... rCurt Bav M & S Humble "Oil ns Co N Am . . . nternat Pet . . . ehlRh C & N Fount Prod 'at Invest •Jat P&L pfd !at Sug Rcf . . . *Tew Bradford . . . Nlag 'Hud Pow . . Nlap Sh Md B NIplsiiiR Mus . . . Ohio Oil pfd . . . 'ac C-&K 1 pfd 3 cnnroad 5 hoentx Sec . . . 'ioncer Gold . . . 'remler Gold . . . 'UK Sd 5s pfd elected Indus . . hattuck Demi . . herwIn-Wms o Cal Ed pfd . . «t OH Ohio .... sunshine Mi!£ . . . 'echntcolor . . . . 'eck-Huph G ... ^rans-Lux . . . . lulled Oas Jutted Lt&Pow A Jtah Apex M . . Jtah P&L pfd Western Air Exp Wrl B ht Harg ... 1 5 7 7 1 16 23 4 35 10 5 1 1.50 18 3 2 8.75 7 101 2 33 8 10 5 1 8 3 7 13 3 1C 5 1.5C 1 4fi 1.1 t.s'r 27 .50 .10 1 8 O 39 28 f 10 High.) Low. | Close. ^ L35V4 441,4 112% 24% 2% 13% 201/4 45% 5 82 2% 4% 63% 108 V4 4% 24% S7% 7 19 Vi 7 V4 36% 10% 7% n% 11% 35% 28 15 4l 14 i/i, 2% llO'/i 2V4 84 Vfc 3Vi TA 139% 30 V4 33 V4 13% 4Vii 81/4 77 9 SVi L35V4 6% 35 Vi 44 Vi L12V4 24 V4 2V4 1% 13 Vi 45% 5 81 Vi 4$ 63 V4 4414 10631 4% 4V4 1% 19 Vi 3G 19 V4 7% 87 11% 15 26 6 6 V4 73 l/i 35% 8Vk 5% 1% 88 28 3 15 13% 2% novi 32 Vi 5 6% 8% 139% 39 V4 33 Vi 13U 25V. S S '/4 77 9 35V4 , 6% • 35V4 t 44 Vi 121-1, 24 % ] 1% 13 Vi 2% 20 45% 61 Vt 2V4 4% 63 V4 44% 108 M, 4% 4V4 24% 87 7 19 V4 36% 191/4 7% 87 Ml 11% 15 26 67% 74 35% 8VS 5% 1% I 8 '3 15 Vs 137s 2% no vi 32 V4 8% 2V4 84 Vj, 13944 39 V4 33 V4 13 Vi 1 77 9 SVi. DOMESTIC BONDS (Sales in $1000) Ala Pow 4V43 67 do 5s 56 .... Ahimlu Ltd 5s 4 S Am G&E 5s 2028 Am Rad 4 V4s 47 Am Roll M 5s 48 As Elcc 4 V4s 53 3al Loc 6s 38 W\N do 6s 3S xw Bell T C 5s 55 A C P Tool 5v-s 42 Cities Ser 53 B6 C S Pow 5i.4s 52 Com Ed 4V43 57 D (lo 4s 81 P . . (In 3-ViS 65 H COKL Ba 4s 81 Cont G&E 5s 58 A Elcc P&L 5s 203f III P&Lt 5s 56 C Ind El fis 47 Ind PAL 5s 57 A Kon G&C 5V4s 5C do 5s 47 .... McCord R 6s -13 Ncv Cal K 5s 5G N E G&E 5s -50 N I P S 4V4s 70 S Okla G&E 5s 50 Pac P&L 5s 55 P O LAC 4s 81 E Phila El P 5V4s 7: P Sd P&L 5V4S 49 do 414s 50 D Safe H W 4'4s 7E So Cal Ed 3 % s 6C Std P&L 6s 57 U S Rub 6V' : s 39 Ut P&L 6s 2022 A rlo 41* a 44 . Wash G'Lt 5s 5R Wash W P 5s 60 15 1 4 10 15 28 5 34 r 2 1 101 2 ; ; 3] 4f 11 < ' i 14 ] 1C s ' 10 11 ] 2: 14 1 2 : 88% 102 105V4 108 103 "i5l ^l* 115% 102 V4 84V4 79 1O7 ' 105% 108 93 1/4 88 V4 101 Vi 101 106 105% 103% 1001,4 971/i 105 88% 9GU 111 i/i 95% 87V4 107 1O6 78% 103 101 100V4 107% 107 88 101% 105 Vt 1§§V4 115% 102 V4 84 l/i 7861 106 V 105V 107% 92-V, 87^ 10 11/4 100V 105'i 1055 IDS*' lOOt 96v: 71*$ 103% 104 I., JB 107 105^ 78 l/ 103 101 100 V 107:j 107 88% 102 105 l/i 10S 103 103 % 62 Vi 100 V4 97 115 'A 102l<. 84 V4 78% 110% 105% 88 14 lOlVi 101 105% 105% 103% . lOOVs 97 71% 103% 104% 88 V4 05% 111 Vi s? % 107 i 105% 101 1 100 Vs Total stock salcn Friday, 364.000 shared; year aj;o. 201,055 shares. Total bond sales Friday, $2,500.000: year RRO, $3,78fi,OOO. Salt Lake Curb INDUSTRIALS Bid 1 Asked Utah Oil Refining . . . Utah Home Fire Ins... Utah Southern Oil ... S 8.75 $ 155.00 1« 1.50 9.00 >5.00 1.75 BONDS Amalff SURar 7s 37... Holly Sugar Bs S L & Ogden 5s 1930 S L Terms fis 1035. . Hotel Utah 5V4« 39-11 Utah- Idaho Sugar 5n.. 103.00 1C 1O2.50 1C 14. CO J 50 . 00 ( 104.00 K 102.50 K Investing Com 4.00 )3 . 50 7.00 10.00 16.00 14.00 panics NEW YORK. July 24 (AP) — New Tork Security Dealers' Association: Bid [ Asked Bullock Fund Can Inv Fund Corporate Trust .. . do A A do A A mod * . . , . . Dividend Shrs Fund Inv Inc. Fund Tr Shrs A .... <to H . Maryland Fund . . . Nationwide Sec ...» df> vtc Quarterly Inc Shrs Slanrt Utll Inc .... Super of Am Tr D . U S F. L & P A . . . do B do vie S13.12V4 S 4 .20 2.85 2.76 3 . 49 1.80 24 .11 fi 32 5.7ft 9.90 4 . 59 1 .05 1 .72 1.10 s.or> 2O . 7, r > 3 . 24 1 .31 20 . 62 V* 4.60 25'66 7.00 4 !fi9 1^89 1 .29 1 ! 39 Coffee Market NEW YORK, J Irregular F'rldaj loci'.l gelling off quiet market. - and closed 1 poll Sales. 7500. N closed unchangec 5750. CloalnK nuotnl ' 8.65: December, 8.97: July, n.oi December, 4.71 ; Snot coffee nu fuly 24 (AP) — Coffee was r, with liquidation and tct by trade* buying In n Santos opened unchaiiReri t lower fo 2 joints higher, o. 7 opened nominal and to 1 point !ow«r. Sales, Ions: Santos, September, 8. SB; March. 8.92; May, ; No. 7, September, 4.56; March. 4.77. et. Santos 4s. 9 i,i ^i'OlAc Sales Expand In Equipment NEW YORK, July 24—Although purchases of electrical equipment by utilities are still well below the levels for the period from 1920 through 1930, orders increased substantially in the first half of 1936 according to the Standard Statistics company of New York. One of the larger electrical equipment companies reports orders for central station equipment were almost 95 per cent above those for the first six months of 1935. Moreover, these orders accounted for approximately 22 per cent of new business for the period, while demand from the sam source for the first six months o last year accounted for only 15 per Steadying Aid Lent Bonds by Lesser Issues NEW YORK, July 24 WPI—In- creasing domestic consumption of copper in the United States was recorded Friday as one of the most active weeks in several years in the metal market drew to a close. The American bureau of metal tatistics reported domestic con- umption in the three months ended June 30 had stepped up to 103,650 short tons from 79,250 in the preeed- ng quarter and 85,700 in the com>arable period last year. Home demand was shown to have expanded faster this year than consumption abroad, a reversal of tendencies lagt year. Foreign use was figured by the bureau at an average of about 101,000 tons monthly, a moderate gain over the 1935-rate. Meanwhile the metal trade heard :he rush of copper buying before :he domestic price early this week moved up to 9% cents a pound, the lighest since April, 1931, had piled up sales of 170,454 tons, said to be :he largest for any month on record, in the first 22 days of July. The record pace of foreign consumption of the red metal was said to have been an' important influence in forcing the domestic price upward and moving buyers to cover advance needs. At home demand remains well under peak predepres- sion levels, although industrial revival has widened the call substantially. Chrysler Raises Dividend to $4 NEW YORK, July 24 (£>)—Direc tors of Chrysler corporation Friday NEW YORK, July 24 U&— Gains of a point or more in a handful of low-priced industrials and utilities helped the bond market maintain a steady undertone Friday. The genera! run of active issues held to a fractional range and there ere a number that failed to move way from Thursdays final prices. Trading was light in all departments, sales totaling $9,785,000, par alue. U. S. governments ran into a brief lurry of selling during the morn- ng, but tended to steady in later ealings and closed 4-32nds of a oint higher to 6-32nda lower. Treaa- . iry 2%s of 1951 were the most .ctive. Aggressive operations on the iuying side lifted a number of issues iut of tha narrow range that ruled he market as a whole. Walworth s advanced Ws points to 75%, International Cement 4s improved I 1 * at 49%, Allis-Chalmers 4s gained 1% o 136%, U. S. Pipe and Foundry 3%s limber 2% to 119, and International Hydro-Electric 6s closed iVi higher at 56%. Other active issues ending within minor fractions either way of the previous day's close included International 5s, International Telephone 5s, "Katy" 5s, Shell Union 3Hs and Studebaker 6s. Pure Oil 4%s dropped 1%. Foreign bonds were mostly higher. Gainers of a point or more included Poland 7s and Brazil 6Vis. Cuban 5Vis and Australian 5s were a shade lower. The Associated Press averages were .1 of a point higher in the low yield group to .2 of a point lower in the industrials. declared On June cent of the total. Indications are that demand by utilities for equipment will continue to increase, in view of the high level of power production indicated for the coming year. The upward trend has thus far been restricted by the more efficient utilization of the present capacity, the interchange of power between systems through interconnections, and the more even distribution of the load, with increases in demand affecting the off- peak rather than the peak load. Relatively little capacity has been addad to the New England and east north central regions, despite the sharp gain in output. Accordingly, it is safe to assume that, with further increases in output, a shortage of capacity in these regions is likely to develop, and new additions must be made for winter 1937-1938 production. In some cases where new capacity has been added during the period from 1930 to 1935, as in the mid- Atlantic region, additional construction will be necessary in order to avoid a power shortage with continued gains in industrial activity. a dividend of $4 a share 30 a dividend of $1.50 was paid and on March 31 the dividend ,vas increased to $1 from 75 cents. For the six months ended June 3' the corporation reported a ne profit of $29,473,736, equal, afte charges and taxes, to $6.83. This compares with 518,659,309, o ?L31 a share, in the corresponding period of 1935. Indicated net profit for the quar ter ended June 30, based on com parison of the company's reports fo the first quarter and for the si months, was $18,020,297, equivalen to $4.18 a share, compared with $11, 453,439, or $2.65 a share, in the pro ceding quarter, and $9,496,127, o $2.19, in the JOne quarter last year Wool Market 25 (AP-USDA.)—Til in the Boston mark BOSTON, July movement of wool continued to be mostly of fine westeri grown llnca Friday. The price sltuatio was unchanged co: part of the week. Sizable offerings of average to goo French combing length fine territory woo In original bags were firm at 83@85 cent scoured basis, although it was reported thi smail lots \vcre occasionally obtainable : Boston at slightly lower prices. It was al! reported possible to buy an occasional cl In the west that would cost around 8 cents landed Boston. Cotton Market NEW YORK, July 24 (AP)—The nt- tention of the cotton market Friday centered on the final evening up of the current July delivery and after tradinp in that position ended at midday. Business was comparatively quiet with fluctuations narrow. October, after selling up to 12.44 on the closing firmness of July, wero rtilins around 12.39 in the mldafternooti market Active months generally showed net advances of about 7 to 1O points. Futures closed steady, 6 to 8 higher. High. Low. , 12.44 12.31 . 12.35 12.25 . 12.34 12.29 . 12.3.1 12.23 . 12 32 12 22 middling, 13.16. October .... . December .. . Jauary March May Spot,'Steady; Close. 12.36 12.28 12.20 12.20 . Commodity Index NEW YORK. July 24—The Associated Press weighted wholesale price index of 35 baste commodities Friday declined to 77.31. Previous day, 77.36; week ago, 76.90; month ago, 73.75: year ago, 73.36. Range of recent years: 193R 1035. 1934. 1933. Hich 7RJ7 7S.68 74.94 R0.23 Low 71.31 71.84 61.53 11.44, (1926 average equals 100.) INSURANCE CROWLEY INSURANCE AGENCY .Terry W. Crowley, Mitr. No. 11 East 1st So. Was. 221S Ture l/ran, $21.00 If 24.50. Smart Money i SPENT 44c for T'n'T Want Ad and Raised $25 for a Vacation HERE'S HOW You Can Do It Too! ^B S Rlo lit, Sc, SELL IT NOV/1 before all of the Bonus Money is spent—place your Sunday Ad before 5 today for all edilions) Not Bad, $25 for Range! Ranpe, coal, preen enamel, excellent condition. Cost S100, sells for $25. 571 McAllister place. Coupe Cashes in for $50 '27 Chcv? coupe. Paint, tires, rubber good. 550. 533 Windsor street. Furnishings Get the Cashl 3-Pc. overstuffed mohair, $35; Ifr. j;as rp., S10: 8-pc. rtln. act, $40; baby bed, matt.., 54; mahopr. gate ICR table, $5; bed sprgs., $2; Chlnn. closet, $10; whirl-dry washer, $5; curtains, fine condition. 147 Kith East. Bed and Springs Bring $101 Brans bed, Roma nprlnRa, heat quality mattresn, like new, $10. 71 P at.. Old "T" Ford Brings $201 Model "T" coupe, Huxtel axle, pioo<I condition, S20. 160 4th avc. Was. 7HO-J. $100 Deal Thru Ad! 2 Ras floor furnace*, 1 25-Kal. full automatic gas water heater, l 4- burncr Clark Jewel Ran ratine with oven regulator. 1 18-Inch Kaa Estate Heatrota. all A-t condition. All for $100. Real bargain. 1310 Indiana avenue. Want Ad Sells Cow! One fresh Jersey cow, heavy milker. 832 South 1st West. Figure 25CTchicks, $100 S Murr (' Tt_ " 25O fi-wlin. Wlilto 40c each, no culls. Murray 272. leRhorn pullctd. 4022 So. State. This Ad Sold Royall Royal typewriter. $17.SO. Emerson cabinet radio, $11. 1270 E. 33rd So.. Hoi. 298. CALL WASATGH 59Q-BEFORE 9 TONIGHT!