The Salt Lake Tribune from Salt Lake City, Utah • 29

THE SALT LAKE TRIBUNE Thursday August 25 1949 29 Business News Page DJTEKMOUNTAIN TRADE REPORTS MINES MARKETS Stock Demand Nudges Up Select Shares MARKETS IN BRIEF By UNITED PRESS Stocks steady In quiet trading Bonds Irregularly lower governments did not trade Curb stocks irregular London stocks closed steady Silver quoted in New York by Handy and Harmon at 72ac a fine oz up 15 Cotton Irregular Wheat up to corn up li to 1 oats up Vs to rye up to IV soybeans off i to lard up 2 to 10 points Hogs: Mostly lower Sheep: Slow Lambs: Higher Cattle: Steady to higher Lewis Three-Day Week Order Idles 30202 Rail Workers NEW YORK Aug 24 The stock market landed on its feet Wednesday after stumbling downward for three days straight Demand for stocks was not exactly impressive A mild pickup In buying interest though plus a slackening in selling pressure were it l' i JS- I I i By THE SHIFT BOSS Much has been said about the reduced earnings of the coal miners and the Increase in the cost per ton of eoai mined because of the Lewis imposed three-day week Little has been said about what the limited coal mine week is costing railroad employes Some concrete facts on this subject were laid before the senate committee hearings on "monopolistic practices" of unions by B'ort vice president of the Association of American Railroads including the following: Coal represents 30 of the total volume of railroad freight traffic-end brings in 141 of total freight revenue and the railroads consume about one-sixth of total bituminous coal production Fourteen railroads as one result of reduced coal loadings have had to lay off 30202 employes not including 'reductions in employment by other railroads Neither does it reflect reduced earnings of men who are still on the payroll but whose compensation has been reduced by reason of fewer hours or fewer miles run in the case of train and engine employes Fort stated that for the 30202 railroaders laid off the loss in wages is at the rate of more than $100000000 a year enough to nudge ahead a variety of key shares Only 899 individual Issues changed hands the smallest total for any day this month Of these 331 advanced and 336 declined American Telephone recovered at 1441 after osmg xues-dny Garrett Corp makers of plane engines and equipment added at 13' in the wake of an extra dividend Swift International which hit against Tuesday's trend for a small gain moved up to 10' Anderaon-Prichard Oil touched a high for the year at 25' a gain of l'i and Richfield Oil move STOCK EXCHANGE wii)isini'8 QUOTATIONS Finn Presses Newest Oil Hunt Project Freparationg are progressing ta gun perforate and test the Pho-phoria sand at Equity Oil Co'm Kendall No 1 well in Naplea structure Dougan president announced Wednesday Mr Dougan said he had "encountered some encouragement" In Phosphoria above the Weber sands Workmen now are setting pip on the bottom and preparing to cement The company encountered water in the Weber sands on tests completed last week Mr Dougan said workmen would plug off Weber sands at the well' bottom He added that tests would run sometime next week The company president said gamma ray tests had been run on the Phosphoria formation He listed total depth of the well at 4922 ft Location is NE SW 33-4S-22E A considerable stretch of saturation it was reported was encountered in the formation which lies immediately above the Weber Production is obtained from this formation at Ashley Valley and Rangely (Colorado) fields It was pointed out that several faults may exist in the structure presenting the possible existance of a "trap" for oil accumulation which has not been penetrated Mr Dougan Is credited with bringing in Utah's first commercial oil well last fall at nearby Ashley Valley field in Uintah county Bonanza Mining xRullion xBriatol Silver xf'ardlff Centra! Standard Her are reasons why Sludeboker rates Its 1930 model the most "distinctive looking car" to go on NEW YORK STOCK MARKET the road resenting car Is Grant Hayes Salt Lake- dealer All dealers show car Friday xOhief Con xClayton Sliver WEDNESDAY'S QUOTATIONS Colorado Con xt'olumbua Rexail xCombined Melala ('omet Coalition DOW-JONES AVERAGES Furnished by A Hogle A Co Member of New York Stock Exchange BUM In hundrada! High Low Cloie eng xCommonwealth Lead xCons Eureka Dealers Chart Friday Bow Of Studebaker High Low Cloae Change Industrials 17915 17786 17878 up 27 Airline Makes $11 Million ST PAUL Minn Aug 24 (D Northwest Airlines Wednesday reported net profit of $1104499 for the first seven months of 1949 Croil Hunter president said that after a period of losses the nans 4D a 4560 Up 07 Utilities 36 55 3635 3647 Unchg 65 stocks 8365 6319 6350 up 07 Bonds 9962 Unchg Commodities 12880 off 04 Volume 720000 up 11 to 38 12 Both issues were fairly active Others higher Included Steel Woolworth United Gas Corp Phelps Dodge Copper Dow Chemical American Woolen Santa Fe Southern Pacific Sinclair Oil and Celotex Trimmed a bit were Republic Steel General Motors Goodrich Sears Roebuck Douglas Aircraft Consolidated Natural Gas American Smelting Gulf Oil Transcontinental and Western Air and Warner Bros Higher In the curb were American Gas and Electric Cities Service Consolidated Mining Electric Bond and Share and Pantepec Oil Lower were American Superpower Humble Oil Le Tourneau and Rome Cable Sales of 170000 9 42 42 121 6 9 17 36 1 Uine began showing a profit last 36l 36 Trading Mounts For Third Day On Market Increased trading on the Salt Lake stock exchange moved into its third day Wednesday as 62-250 shares changed hands on the call compared with 59333 shares on Tuesday Curb sales also mounted A total of 10500 shares were traded on Wednesday's curb This figure compares with 7200 shares traded Tuesday on the curb 7 Traders exchanged 11 stocks of which five closed even four up and two down Big Hill registered a gain of 1 'ic Other gainers were Columbus Rexall up 1c East Standard up 'jc and Bonanza Mining up Hilton Holll Homeatakel Houstn oil! Howe find Hud A MnJ Hud M8 Hud Hiotrl Hupp Corpt Idaho Pow 7 7 April which continued throuch 31 38 37 July 11 11 10 1 la For the year to date Hunter II 33 33 III Central! 331 27 I 26 4 43 42 9-42 37 36 7i 38 11I- 1 I 33 -26f 42 34 -26 27 -52l 8-39 -25 34 39 46! said the company planes have flown 137512r)i revenue miles carrying 415768 passengers In the comparable 1948 period the 34 34 26 27 27 Notice is hcrphv given that the Indua Rav Inland St'l Ittt ellan st lilt Can Int Paper! Int TAT Johns-Man Jones ALS xCreacent tagla Oil Croff Crown Point xDragon Kaat Crown Point xKaat Standard Kaat Tlntlc Coal Kast Utah Kmplre Mines xKureka Bullion xKureka Lilly Coa Kureka Mines Eureka Standard Gold Chain xOrand Deposit Great Western xHorn Silver xHowell Indian Quean xKennebac Kentucky Utah Kavstone Lakeside Monarch Leonora xllttle May xMadison Mines Magnolia Lead Mammoth xMuler Hill Miners Gold Mpacow Mountain Slatea Dev xMountaln View xNaildnver Nevada Metala xNevadft Monarch xNew Majestic xNaw Park North Lily xNorth Standard xOrtio Copper xOil Securities Park Bingham xPark rjty Con Park Konnld Park Nelson Park Premier xPark 1'lah Plocha Bristol Plumbie Mines Plutua 52 8 39 25 10 23 10 191 27 20 19 111 181 STATE LAND HOARD of the State ot Utah Is offering the following described lnnrt and water right for snle In Salt Lake County! The SW i NW of Sec 4 4 South 1 West 53 8 39 25 34 39 shares compared with 210000 Tuesday Corporate bonds followed a narrowly irregular price route governments held steady in over-the-counter dealings INVESTING COMPANIES planes flew 12010122 miles and carried 371733 passengers CHICAGO GRAIN Ijoy Mtg 33 38 iTCan City 8 also com at the SE Cor or tne 'n Kennecott I 46 46 NK'i of Sec 5 and running as fol I Bid I Aakad IS 07 09 07 07 05 06 I 09 12 24 26 02 02 1 90 1 00 27 35 02 03 19 21 22 24 08 10 03 04 05 05 16 18 01 02 05 06 03 05 03 08 04 05 05 10 10 13 03 04 06 07 11 1 1 03 05 19 25 01 03 01 02 05 10 12 14 11 12 01 01 18 20 01 03 20 30 01 02 03 04 01 02 15 19 13 14 122 32 01 04 03 04 01 02 09 12 03 05 35 38 01 03 05 09 02 03 1 30 135 16 20 03 04 on 10 07 08 04 05 31 32 06 10 06 10 04 08 175 3 35 03 05 01 05 09 16 12 13 01 02 125 140 05 06 50 3 00 61 55 02 01 00 01 02 03 01 10 05 09 01 02 04 05 01 01 11 13 65 70 01 02 01 02 2 42 3 75 10 40 11 00 15 20 02 04 02 04 04 05 01 01 02 02 04 06 Kresga 8 40 Hlgn Low Close lows: West 69 rns more or less 10 251 41 88 Kresa Kroger Co past sirte of Irrigation Canal RW 84 Rtudebaker'a sleek 1950 models featuring a complete rhange In frontal appearance and fender lines will be placed on display Friday by dealers throughout the Intermountain area The new vehicles will be available for immediate delivery A highly Important feature of the 1950 Studebaker is the increase of 1 in on the wheel base of all models Wheelbase lengths of the following models are: Champion 113 in: commander 120 in and land cruiser 124 in Both ride and handling ease have been improved by bettering design and operation of the self stabilizing coil spring front suspension External design of the new vehicle embodies an airplane fuselage-type hood flanked by airfoil front fenders and set off by a chrome "spinner" The "spinner" augments four frontal openings which direct air to the engine for maximurn cooling Engines of both the champion and commander models have a new compression ratio of 70 to 1 For high altitudes only a ratio of 75 to 1 is available Low pressure type tires are equipment on all models Laclede Lambert $201 $200 $2 01 2 05 204 2 05 2 07 205 207 202 2 01 202 189 187 188 40 58 54 7 21 49 83 7 85 23Xjj Lenman CP Llb-O-F Oil Lib McNALI Open Wheat Sept $2 01 Uec 2 05 Mar 206 May 201 July 189 Corn Sept 122 Pec 114 Mar 117 Mav 119 July Sept 66 61 1 6 8 10 28l 13 201 7 21 49 53 7 85 23 18 17 Air Reduo 1 22V 2211 22 V4 All'thany 61 2 2b 2i do pr pf 2 72 72 72 AllegludS 3 19 18! lHVi ChmAD 7 180 180 180 Allied 8tra 14 31H 31 Allia-Ch 10 29 28 28 A Amerada 3 110 110" 110 1 Am Airline 15 9Vi 9 9V4 Am Cable 2 3 3 3 Am Can 2 93 93 93 Am CarAF 6 28 28 28 14 14 Am Crya 1 15' lVa 15V Va Am Cyan IS 44 43 43 Am Distill 1 30 30 30 AmAForP 34 2 2W 2 4 Am Locom 11 14 14 14 Am PowAL 7 12 11 11 AmRadAS 8 13 13 Am Seating 8 32 32 32 Am Smelt 8 4 48 48 Am TelAT 33 144 143 144 4i Am Tobacc 4 70-14 70 70 1 Am Wat 1 7 7 7 Am Woolen 17 2S 24 25 Anaconda 19 28 2S 28 do WAC 70 27 27 27 Armco Sll 10 22 22 22 Arm A Co IS fi 6 6 AT 8 Si 8 85 86 1 All Cat 21 34 '34 34- All Rafin Si 35 35 35 Atlaa Corp 8 22 21 22 Alias Pow 20 SI 51 SI Avco Mfg 2I 5 5 5 Bald Loco 5 10 9 10 Bait AO 8 9 8 9 Brnadll Oil 23 48 47 48 Bath Ir 13 13 13 11 Beach Aire 2 7 7 7- Bendix Avl 7 28 28 28 Ben Ap 19 9 9 9 Beat Foods 14 29 28 29 Beth Stael 36 25H 2 26 Blew Knx 8 13 13 13 Boeing Alr 11 19 19 19 Borden Col 81 44 44 44 Borg War 91 48 47 47 Brdgpt Brl 4 7 7 7 Brigja Mf) 4 24 24 24 Budd Co I 251 9 9 9 Buff Forgel 1 31 31 31 Ballard Co 2 15' 15 15 Burl MUla 14 18 17 18 Bur Ad 1 14 14 14 Calif Park 2 32 32 32 Calla Z-Ld 4 1 1 1 Calumet 9 4 4 4 Can Dry 9 10 10 10 Can Pac 24 12 12 12 Oaro PAL 17 28 28 28- Curler 3 14 14 14- Caaa I 4 38 38 38 1 Caiar Trac 24 32 31 32 C'elaneaa 16 26 25 26 Olotex Cpf 3 16 15 15 Cent 8W 20 11 11 11 t'erro de 2 18 18 Certain-td 2 J1-11 11 Chej AO 10 31 31 31 ChiASIIlA 1 8 8 8l- CMMP A 151 5 5 5 Cnl A NW 1 11 11 11- do pf 1 28 28 28 Chi R1AP ll 30 2 30 Chryaler 62 50 51 CIT Flnan 81 82 61 52 Cler El III 41 40 40l 40- Chmai S7 10 10 10 'luett Pea 24 23 24: Llg A Myrsl Lion Oil 123 115 117 119 121 111 117 118 Lockheed A 58 54 7 21 49 53 7 85 23 18 17 66 23 11 8 8 22 8 44 55 LoaWs Inc I feid I Asked Affiliated Fund lno 3 64 iTll" Amer Bus Htiares It Al) 3 94 Axa Houghton Kd 6 67 7 21 do 11 69 14 88 Dividend Shjrea 1 19 1 53 Eaton How Bal Fd 24 95 26 68 First Milt Truat Fd 4 80 5 13 Fund Inveatora Inc 13 22 14 49 Keystone Caldn B-2 22 57 24 61 do B-3 15 45 18 86 do 4 9 05 9 88 do 8-2 11 55 14 78 do 8 4 4 12 4 51 Nationwide Bal Fd 13 18 14 15 Sfc Bar Praf Slk 6 11 8 70 Sac Bar Income 3 99 4 36 Putnam (0) Fund 14 44 15 53 Russell Barg Fd 26 07 28 03 Union Pf Slks Fd 18 31 Wellington Fund 17 10 18 66 Lona Slai Lorlllard Mack Treks! th along canal RW northerly to tne north line of the of said quarter section th east KB rds more or less to enst line of said Sec 5 th south 80 rds to pi of beg this tract being located In 4 Soulh 1 West SLM Containing In all 71i acres more or less together with 50 shl capital stock of Utah Lake Distributing Co Anyone Interested in purchasing this land and water may contact the State Land Office 10S State Capitol Salt Lake City Utah for an application blank on which to submit a best sealed hid Bids will be opened Sept 2 1949 at 10 am In the State Land Office The land may he sold to the highest bidder provided the bid is acceptable Iec 65 1S-17 66-23 44 agnavox I Firm Hikes Price Of Anli-Knocks WILMINGTON Del Aug 24 ll The I DuPont De Nemours Co Wednesday announced the price of its tetraethyl lead anti-knock compounds for gasoline will be advanced approximately 5 Oct 1 The company said the increase reflects rises of about 26r' In the price of metallic lead and 10 in rail freight rates Manati I 123 115 117 119 121 66 66 64 62 56 1 45 1 48 181 2 44 2 43 2 42 239 Marshall Martin May Dpt 8 Mar May Julv Ry Sept Dec Hav 62 56 144 1 47 1 51 31 67 23 2 3 1 11 6 8 2 8 4 22 3 8 3 44 8 56 2 37 HI 42 101 12 9 45 22 9 fl 3 231 18 68 66 '62 56 145 148 1 51 2 45 2 44 2 42 239 85 65 '61 56 3 44 147 150 2 41 2 42 2 41 238 Mclnlyre McKesson MlclCnt Pe Snybel Minn-Min I Mlssn Corp Mlaan Dav Mo-Kan Txj NEW YORK CURB WEDNESDAY'S qt'OTATIONS Nov 2 45 Heo 2 44 Mar 2 42 May 2 39 S'Pt 1 2 50 Oct 12 20 do pfd 37 42 2 45 8 3 18 53 82 12 13 12 34 Mnsanto CI 4 53 xPrlnca Con xProsper Mining xRIco Argentina xRoyaton Coalition xSllver King Coalition xSllver King Weat xHitver Shield xSllver Standard Sioux Mlpea South Iron Bloaaona South Standard Swansea Con Tar Babv Tlntic Central xTlntlft Lead xTtnllc Standard Union Chief Utah Con Mont Ward! 37 42 12 44 8 3 18 53 52 12 13 12 34 8 6 33 20 Sales In Hundreds Sales High I Low I Close Nov 12 56 12 37 1 1 07 1125 1125 BUSINESS BRIEFS 12 47 12 17 11 05 11 17 1120 12 60 12 27 11 07 11 25 1125 to the Land Board the Board reserving the right to accept or reject any and all bids Terms of Sale One-tenth of the amount offered payable wtth application the remainder of the purchase price to be divided into twenty semiannual Installments with Interest at rate of 4 per cent per annum on the Murry Crp 1 1 05 1120' 1122 aah-Kelv Pen Jan Amer Superpower! 21 1118 12 9 12 2 8I 12l 91 Na Avlaton Na Biscuit 52 12 13 12 34 8 33 KunKer lilll Chief Con Mining Na City JJ lt Conlnr Utah Insurance Chief Slated To Describe State Rules ll) iuea nervlre Denniaon Mfg A Tvlec Bond A 8h llerla Mining Kalaer-Krazer Niag Hud Power 15 35 1 1 49 50 9 9 14 15 10 10 3 3 12 12 2 2 96 96 14l 14 2 2 23 I 23 32j 20 26 14 8 6 33 20 14 32 80 10 31 15 2 1 501 80 41 10 46l 15 II 111 35! 1 118! 12 II 2 1301 96 6 14 2 2 II 23 Utah-Ida Bug com xdo pfd Na Dairy Na Dlsllrs Na Gypsm Na Lead Nat Steel 14 xUtah-Wyo Con Oil deferred payments All mineral It reserved to the Stat of Utah By order of the State Land Board Aug 19 1949 MILTON TAYLOR Executive Secretary State Land Board State of Utah 3 32 32 31 80 79 II 10'l 10 Victor Con Nehl Corp Western Alloys Northeast Alrlinel Quaker Oala Foil Utah-Idaho Sugar Utah Power A Lt Utah Insurance Commissioner 52l 51 weat Toledo Wilbert tor of Illinois Institute of Technology fire protection and safety 26 2 26 16' 10 Lewis Terry will address the Newmnt NewpNwg Cen NT NH HI Norf A 10 WOOL MARKET NEW YORK Aug 24 Both wool topa and wool futures moved lower Wedneaday on commission house profit taking and light hedging Offerings were absorbed through trade covering Kail-mated aalea of wool tops ware 150000 pounds wool futures 112000 Wool futures closed unchanged to lower Oct 121b Dc 117b March 114b Oct 106 5b Certificated wool spot 321n Wool tops futures closed unrhsngad to le lower Oct 159b Dec 151b March 149b: July 142 5h Bid nominal POTATO MARKET CmCAflO Aug 24 Po latoes Arrivals 92 on track 215: total 8 shipments 494: sunuliea moderate: xVanke Con Zuma 3 6 1 6 52 26- 10: 6l 50141 9 17 Totsl sales Wednesday 170000 aharaa year ago 136280 NOTICE TO CONTRACTORS Sealed proposals will be received No Am Av No Am Co I 6147147147l- 1 Coca-Cola Colgata-P 3 39 the State Road Commission of Utah Nor Paclfl 3ft 39 15 14 North Alrl State Capitol Salt Lake City Utah 31rd annual meeting of the Federation of Mutual Fire Insurance companies Sept 12 in Hotel Utah Mr Terry will describe state insurance regulations The federation will meet in con 50 9 17 14 10 28 23 31 56 National Over Counter Dealers' Market WEDNESDAY'S QUOTATIONS 15 11 WrDNHSDAT'S SALES Big Hill 8000 at 8c Bonsnri 2000 at 7 a 2000 at Cardiff 300 at 26e Chief Con 100 at flOO Columbus Rexall 500 at 20c 1 29 1 11 11 Col Fuel! Colum Gas! Coml Cred Coml Sotv Com Fdlai 2l 52 until 2 riocK pm Tuesday September 6 1S49 and at that time publicly 82 Ohio OK Oliver Cor Oils Slav 16 opened for construct Inn of a Graded 32' 27 Owena-I CM Combined Metala 250 at 21 500 15 27 4 3 and Drained Road In Juab and Millard Com A So 258 Psc at 22o Counties the same being that sec- ona Coop 8 3 Pack Mot East Standard 8000 at 4 4000 at junction with the S3rd annual con 13 10 28 23 31 56 14 33 3 8 6 30 1 10 50 18 14 ona sdtsl 34 24 34 demand good market firm: Colorado Pan A Air Panh PAR 161 33 321 3 23! 8 141 6 231 20 2 1 (ona 41 81 42 9 17 13 10 28 23 31 56 32 3 8 5 20 1 10 49 18 14 8 45 41 22 26 45 engineering department Ogden Firm Winn Bid Wheelwright Construction Co of Ogden was low bidder1 on an equalizing reservoir end pipeline structures for Intern Is 12 and 17 of the Ogden river project The bids were opened Wednesday at the regional offices of the 8 Bureau ol Reclamation The low bid was 1 18778 Seven bids were submitted ranging up to a high of 195113 Price Index Drops NEW TORK Aug 4 The Dun and Bradstreetivholesale 4c 2000 at 4 a 1000 at 5c Horn Silver 22000 at 12c Rovston 2000 at 5c Con Vultaal lion of No 91 between Sclplo and Levan Identified at Federal Aid rrojerii Not FI-67 (3) and FI-283 (1) 10 I Bid I Aakad Rank of America 42 42 Home Insurance 30 30 Mtn Sis Tel 4 Tel 98 100 Mountain Fuel 17 17 Western Natural Gas 17 18 Yuba Con Gold 4 4 A Dumont Labor 13 13 Utah Oil Refining 14 34 1st Sao Corp Ogden A 61 62 10 14 Param Pic L't Bltaa Triumphs $100 Idaho-Oregon Bllaa triumphs $340 3 48 long whltee $3 60 Rtlaaet Burhenka $19004 rui' Soulh Tlakola Red Warbas $3 15 Utah Silver Shield 8500 at 2e 825 at 20 ont Bak Cont Can Cont Mot vention of tha National Association of Mutual Insurancies companies The two meetings are expected to bring some 1200 mem 1 10 Pallon Mm Pannev IP 1 he length of road to ne constructed SO or Improved It 2163 miles and the Cont Del miver standard 3000 at West Toledo 475 at 4c UNLISTED SALES Penn PAL Bllaa Triumphs $2 75 Washington long whitea $3 60 Ruaaet Burhanka $400 Wisconsin Bliss Triumphs $300 18 14 1 Corn Prod Crana Co principal Items of work are approximately at followt: Penn RR Pepal-Cola 9 Utah Power and Light Common 11 at Crn CAS PflzerCbss bKHOOO Cu yds Unclassified 48 Crn Zeller 41 48 41 22 26 LIVESTOCK MARKET Excavation and 144M10 Cu Yda Select Material Base Course 15 27 4 3 34 41 10 14 33 5 59 63 27 IS 25 6 8 19 7 36 22 40 22 16 68 19 50 14 42 26 H- 22 Crucible StI Curtis Pub Prelps Dod Phlla Elec Philco Cor Philip Mor The attention of bidders Is directed 26 4 5 46 Curtlaa-W do A azauu CURB SALES Horn Sliver 8500 at 12c Bonanza lilnlng 4000 at 7 a UNLISTED STOCKS Phillips Pet 131 56 56 56l 31 5 88 62 27 15 25 18 6 8 19 6 35 21 40 22 16 68 18 50 14 42 to the Special Provlsiont covering subletting or assigning the contract Plym Oil I 131 42l 41l 42le Tecca Racl Deere A Co: NORTH SALT LAKE Aug 24 (Utah- Ktf The minimum wage paid to an food price index dropped 3c this USUAI Cattle: 1010 total 253 mar 14 33 5 59 63 27 13 25 16 6 8 19 7 36 22 40 22 16 68 19 80 14 42 26 40 14 10 10 7 Proc A Gm ket 703 through 54 direct: market quoted A do pf Detroit Ed Pub 8v Col steady good grass steers bringing up to 8v EAG skilled labor employed on thia contract thall be $175 per hour The minimum wage paid to all Intermediate labor employed on this S1U00 with good grain-reds quoted to I'oma Mine grain feds $22 600 2125: top $23 25 bulk good 180 to 225 lb trurked-lns $22 0022 25 many unsold few medium $21 00 aoma around 270 lbs $1950: aowa fully sleady good and choice aowa under 400 Iba at latter price Salable none holdovers unanld lale Tuesday few good spring lamba jteady at $2325 I Bid I Asked $2500: medium grass steers $1700(31 I'oug Aire 1800 good grass heifers $1800 medium Preaser in contract shall be $140 per hour $1400016011: good young cows $1450: Pont Pullman Pure oil Radio Crp Rad-K 0 Rayonter Reading Co Rem Rand The minimum wag paid to all un bers from throughout the United States George A Christensen manager of the Bear River Mutual Fire Insurance Co will be host for the two conventions Mr Terry will speak at the opening session The federation's second session Sept 13 will be devoted largely to reinsurance with delegates to both conventions participating Fire prevention will feature the third and closing day's program Prevention action hospital fires and explosion dangers will be discussed by Dale Auck Chicago federation fire prevention engineer Roy Hudenburg Chicago American Hospital Assn secretary and John Ahern Chicago direc- Kaat Air XAmalg Sugar pfd 8 65 IS 900 xUlah Flra Clar 6500 75 00 xlltah Com 2375 24 25 xZ I I 65 00 I 75 00 skilled labor employed on this con aatman tract than ne Milo per hour 1300: cutter and common $1050 1 150 cannere $80001000: good bulla $1600 1700 with odd head 10 $1750: choice week its first decline in six weeks the agency reported' Wednesday For the week ended Aug 23 the index stood at $586 compared with $589 last week It was 156 below the $694 of the same week In 1948 The index Is the total of the wholesale price per pound of 31 foods in general use This week seven prices advanced six declined and 18 remained unchanged Kiiton Ufgl Fl Auto 26 39 Tne attention or olddert is directed: Reo Motrs 411 Mac Boat Repub Avi 14l 14 light vaal up to $2100 with bulk gotta ana choice $20 00 00: medium veal Fmer El 10 Rapub Pic OVER THE COUNTER WEDNESDAY'S QUOTATIONS to the fart that this Commission hat heen advised by the Wage and Hour Division Department of Labor that contractors engaged In highway $16 00019 00 good aiocker and feeder Frie Repub Stl 10 10 10 7 9 ateera brlnalni from $17 00 01800 Rav CAB Rexall Drg Hoga: 1155 total 42 market 2693 9 Mini prd Fxeraharp Fx-Call construction work are required to 7 I 9l 4 5 I-37 Kevn Met 2 45 1 45 meet the provision! of the Fair Labor Falrb Mori through 420 direct market quoted steady good and choice 180 'o 240 lb bulchara $210092190 240 to 260 lb $20 009 20 50: 260 to 280 lb $1 900 it 1 50 Standards Act of 1938 (53 Stat Revn Tb Rlierm Mfg Rirhfld Oil Royal Type Fajardo 8gi FAR Llqj 11 37 I 37 5 23 23 111 46 48 121 25 25 I 23! 1-101 I 46 -1 I 25l- Plans and specification! are on file DEPARTMENT OF COMMERCE BU 280 to 300 lb $1800H850 300 to 330 lb 17 50 good and cholca srwv trs In the office of the State Road Com- REAU Of PUBLIC ROADS AURUHt 22 St Job Ld jnreston Fllntkota Follna Stli Food Mach I Bid I Aakad Amalg Sugar com $10 90 $1125 do pf 75 9 00 Aahlev Valley 44 48 Equity oil 85 15 Independent Coa 95 1 05 Mountain Fuel Supply IT 50 18 00 Rundanca Oil 30 35 Utah Oil Refining 14 25 14 75 Utah Power Light 23 75 24 25 Utah Southaro Oil 9 25 975 I 66 50 68 00 IfHfl SKA LEU BIDS rill received at vmission oaii i-ane uiiv ana me fbfflce of Us Dltlrict Engineer at St Kr St Reg Pap Fruahuf Tri NEW YORK BONDS WEDNESDAY'S QUOTATIONS Hchnly Ind Bb AL RR Cedar City Utah where they may be reviewed by prospective bidders (ialr Robt light weight aowa 300 lbs and under $16 5001750 300 to 400 lb U00 18 00 400 10 450 lb $1300 Sheep: 665 total 47 market 33S through 280 direct market ataady on few email lota good nd choice aprlng lambs $20 00022 00 medium and good $18 00 20 00: odd head good slaughter awes $650 0750 Oar Wd Inl the office of HuRRini District Bureau of Public Roarti 609 14 Bannock Street Boiee Idaho until 10:00 o'clork A September 8 1949 for furnishing the material and performing the wrk for eonetructmg Idaho Foreet Highway Project 40-A3 BI Brunei and Cul 25 17 4 10 10 37 Specifications proposal formt and Gen Baa-a Sears Roeb Servel Inc Htiell Oil CORPORATION BONDS plans will be furnished at Salt Lake lien Bronri PRODUCE MARKET WEDNESDAY'S QUOTATIONS fsgs Looss price fir aitrg for ear-tons i grade A A 62p63ljc grade A 60 61c grade A medium S5W0 5gc-: grade large 85 0 58c Ninety-three aoora S7a: core 65o 90 acore 64c Cheeaa Twenty-four-lb triplet 5a 121b longhorna 36c 6-lb loaf 37a CHICAGO Aug 24 Produce: Mva poultry 21 trucks nana steady: ehlokana unsettled Cheeee Twins Si 44 0 33c: single dalales 34038Uc: long horn 34Mi 017c- proceaaed loaf 341A0 36V4 Swlaa 46 0 48c S4478T lbs the market ateady 93 acore SH4o lb 92 score 61ic 90 score 58ic 89 acora 64io-earlota 0 acora 59 14c 89 acore 05 Kags (browns and whiles) 8411 cases tha market ateady to firm Fruits and Vegetables Sail Lake Grower Market Fruit Apple lug Prealdent $1 250175-Ducheaa fl 50: crab $125 0150 Barrlea ner Rleruhrrt Tia City on depositing JOO which will Can Cabh Sales In $1000 Sales Cloae Chge Hll Kng Oenrl Elec be refunded providing bidder sub Simmona Am Tobacco 3 69 vert Soda Bpringft-Freeriom Highway Curlbou National Format Caribou County (en Foods Sinclair Olll A 4s- 95 (ien Mnrre Skelly Oil Idaho Involving All Required Extra and Bait at Ohio 5s 2000 Bocv-Vac (Jen Kefracj 8 A A mits an acceptable bid and returns the plane within seven daya after the opening of bids Each bidder must submit a letter from an approved surety company guaranteeing to furnish said bidder with requited bond Jill Saf 12 11 11 1 25 25 I 17 17 9 6 3 A 4 12 10 10 II 10 10 5 7 7 31 37 37 12 45 44 61 60 59 1 23 23 12 28 28 16 14 14 19! 20 19 81 61 61 6 40 39 11 1 1 13 85 35 7 17 18 27 11 11 11 10 10 26 67 67 1 23 23 I i 5i (HIDES: Aug 24 (USD Cattle! Estimated salable receipts 300 Fed offerings absent bulk aalable atipply off graaa In the stockcr and feeder dlviajon The market looked generally ateady few medium 1180-1190 lb graaa steera $20 00 tf 21 00 do ovt 4Vi 2010 do 4s 75 A Sou Cal Ed Oimbal Bra (Hidden Co Soulh Pac BANK STOCKS WEDNESDAY'S QUOTATIONS I Bid Aakad Continental National 222 00 Flrat Security Corp 61 80 63 00 Utah Saving! A TrtlJl 20500 215 00 Utah First National 71 50 73 00 Walker Bank Trust 5850 60 50 Zlon'a Savlnga 115 00 12000 Canadian Paa 4 perp CMSIPAP 4is 2019 Southrn Ry Odrch BFI soarrv odd head 3375 lbs $19 00 Common and The right to reject any or all bids do Cvt 4M 2044 Odyr TR Orahm Pag Spiegel Inc medium graaa heitera $i5oo(Wiuo Me 44 i-89 -23 -28 l-14 -20 61 -40 Il 35 -17 ii! iol 67 -23 l- i 48 I- it reserved CR1AP Inc 4 '-is 2019 Cleveland 4 1A 7T Sid Branda Cash certified check cashier's it ja Ry pf 3td A IS rl Sug J4 pfd 31 5 5l 5 91 68 68 I 68 81 43 42 43 491 24 23 24 11 33 32 33 31 29 I 28 29 51 11 I 10 10-l- 141 8 8 8-- 24! 24 24 i- 101 20 19 20 I- 10 9 9 9 5 9 8 8l 9: 5l 5i ri- 141 3 2 2- 30 19 19 19- 4 12 12 12i- 421 4 4 II 19 19 19! 38 38 38 1 17 17 17 65 18 37 38 1 1 17 17 17- 9 24 24 24 1 41 41 43 3 9 8 8 39 6 6 6 20 28 28 28 2 14 14 14 40 40 40 40 4 8 7 4 35 34 35 1 6 2 2 2 3 24 24 24 44 22 21 22 2'103 103 103 2 291 15 1S 15- 9 4 4 4l 8 32 32 32e 31 40 39 39 20 30 29 30 3 25 25 25lt 6 7 7 7 9 19 19 19 45 11 10 30 26 67 67 67 14 42 41 42 46 67 67 87 15 25 24 25 8i 39 38 38 5 11 11 11I 4 12 12 12 5 16 16 18 5S 22 21 22 9 58 67 5S I 28 10 10 10l fl 9 9 9 5 29 29 29 46 1 1 30 30 17 17 17 17 20 88 57 58 14 18 35 16 10 65 65 65 16 20 19 20 6 40 39 39 40 38 18 38 18 22 22 22 18 16 36 36 7 39 39 39 I 11 11 11 12 15 15 15 39 7 7 7U 7 22 22 22 8 24 23 24 37 39 19 39 30 31 10 31 5 SI 81 81 3 51 81 51 14 12 12 12 6 21 21 21 a- 1 24 24 24 15 2 2 244 118 4 3 4 14 51 51 81 15 21 23 23 4 95 95 95 23 22 23 10 15 15 15 6 44 44 44 181 13 12 13 3120 119 120 dium graaa cows $1400 tt 1450 cutler and common $1100 1350 cannere down $8 00 Odd bead medium aauaage bulla $1550 Rood and choice veslera $21O0f 22 00 common and medium $1S 00 if 20 00 Good 600-900 lb feeder steers $18 00 20 00 Medium feeder rows $1250T 13 50 Std Oil Call Std Oil Indi A 3a 4a 93 Dow Chemical 235 SI Erie 411 2015 Illinois Central 4V 66 M-K-T 1st 4 90 Jreynound Oulf MAO Oulf Oil -Hart (o i 1 Sid Oil NJ BANK CLEARINGS l'inH- 217 2 5614 1V 22 441 181 86 3 98 31 81 12! 42 44 351 91 4 5H0214 14 51 9014'e 10 100 14I 7 6H4I II 8514 3 69141 171 24 14 16' 87V 16 461 14 2 IO514 14 10! 9714 4 41 6214 14 IOO14 14 12! 52 86 14 13! 99 '4 81 S5'4l- 4 30 97t 14 3 101 1 281 74141 sid or check or approved proposal guaranty bond for not less than five per cent of total amount of bid made payable to the State Road Commission mutt accompany each bid as evidence of good faith and a guarantee that If awarded the contract the bidder will execute the contract and furnish contract bond as required Mlscellantoue Korr Account Work 2000 Cu Yd Uoclasisifled Excavation Unit A 750 Stetloni lnclae Ned Kxcavatfon Unit 1100 Cu Yd Unclaeelfied Kxravatton for Structures 3500 Cu Yd Unclassified Excavation for Borrow Caw 2 60 Cu Yd Concrete Clas A (low stkall cement) SO Ft Treated Timber ft 4 4 Lin Ft Culvert Pipe 1170 Lin Ft Remove Clean and Relay Salvaged Culvert Pipe 500 Lin FL 8' Bituminous Coaled Perforated Corrujriied Galvanised 8lwt Metal Pipe Underdrain: All Required Removal and Dtipoeal of Existing rid tte and other small items of work Where plana and sped heat lona are requested a deposit of S1000 will na required to Insure thlr return within 1 5 dfi ye after opening of bids Crocks should he made payable to (he Treanurer of the United States Plans specifications and proposals may he obtained at the ofrice of the Bureau nt Public Rads 60ft I4j Bannock Btrpet Boise Idaho Lynch Di leion En frt near Hayaa Mfg Missouri Pac 5 4ft Starling Dr 300 atrawberrlea $17502 50 Tuaaday a bank deblla 8 585 213 00 Hoga: Katlmated aalable receipt! ion utchers 25c higher sows ateady Good Hercules SI 48 47 mewart-w do 5 SO do 4 75 Stokaly-V Ci Melona crate cantaloupes $100 2 50 honeydews $2756 3 00 Peaches Iiir Kai-lv vaHitiir on- earns day laat year 84H784400 Wedntaday'a clearings 913270569 Sara day laat year 31 57218175 Stona A studenaker Sun Oil Soiithhaven $1500175 Any additional information may National Steal 3 65 5s 54 5s 2013 Penn RR 314s 52 St fl 41AS 2023 Southern Pac 4Vil 81 Hunray Oil Sunahine and choice 180-240 lb butrhera mostly $2200 few medium 200 Iha $2175 Light amooth sows around 300 lbs 8 00 few 370-545 lbs 16 50 Sheep: Estimated salable receipt! 6000 Slaughter lamoa 25c higher other claaaea steady Seven loads good and choice 301-102 lb Idaho slaughter lambs $2325 few good Utah trucking $2250 Good 121 lb yearling wethers $1300 Few medium be secured at the office of the State Road Commission Flums lug $100 0125 Vegetable1 Bean per lb Oraen string 9U0c Switt A Co Dated thlt 18th day of Augutt Swift Intl do 4A Or 77 22 134 1-18 29 -25 I 7l-14l 10l- 1949 Sylvan Elec yellow gtrlng 9 010c Teaaa Co -a Southern Ry 4 56 Std Oil 2t 71 Union Pacific 2'4 78 STATE ROAD COMMISSION OF UTAH Tex Oulf nd aood slaughter ewes uiiwrau com Tex Oulf Wisconsin Central 4s 491 Beet per dot bun 35c Cabbage per erat 1125 Carrot per dot bun 35e Cauliflower per lb I No 1 9 012c Celery per crate 1200 0 229: green Tex CAO Teg Tr 4 "i "ii Total bond sales Wedneaday $1360000: Tbermotd prevloua day $2870000: week ago 1 i irWll imfllfS I mon offerings down to $400 Load one year breeding ewea $8 00 with 50 head off 10 Iba leaa average weight 8400 Four loada good and choice 83-90 lb blackface Idano feeder lamba $22 25 four loads good 80 Jb whlteface Idaho feeder lambs $21 85 few good 73-84 lb local truckins $2125 Tide Oil Tlm-D Axle! per crate $350 0 400 Tim Roll $3689500 year ago $2095000 two year ago $2676600: Jan 1 to date $514 778570 year ago $717068580 two yeara ago $667300200 Steal 461 22 22 do pfd 1 134 114 Vanadium 1 18 18 Walgreen 3 29 29 Walker 4 25 25 Walworth 1 7 7 Ward Bak 3 14 14 Warner Pic 20 10 10 Warren Pet 1 17 17 Wesaon Oil 3 21 22 lnd Bug 4 20 20 Weat Air 3 6 6 West AUto 3 37 37 Weat Pac 2 25 25 Wast Union 5 14 34 Waatgh Air 21 25 25 Weatg Kler 17 24 24 Wheeling 8 1 34 34 White Mot 10 14 13 Wlllya-Ov 19 4 4 WilsonACo 8 10 30 Woolworth 6 48 48 Wrth PM 3 14 1-4 Wright Aer 40 73 73 Wrlgley Jr 1 75 75 Toung ST 6 61 61 Zenith Rad 1 23 23 Zonlta Prod 1 3 I 3 Transamar Tr A Air 17 23 20 37 25 14 25 24 34 14 4 10 48 14 71 Trl-Cont I OS ANOUMES Aug 2 Corn par dog 25 030c Cucumber per lug 7 5c $100 per 100 75c Eggplant crata $100 Oarllc per lb 25c Lettuce per crate canyon 50 Onions Tallow Rnanlh iup SO lh Twent C-P Union Bag Salable 1800 alow generally it ateady occaalonal atrengtn on cows tew medium and low good under 1000-lb fed Un Carbide I'n Oil Cal "lefi discuss it over lunch steera $2400 26 00 bulk steera of com "If all of the eopper produced In Utah last year wero made Into ij" water pipe there would be enough to circle the earth at the Equator at least four tlmeel" mon and medium Quality unsold loaa gooa union Pac do pfd t'ntd Air I $1500175 Whits Spanish per 50 lbs plcklera par lb So green par doi bun 55 0 60a 791-lb fed heifers $2425 medium Brahman $19500 2050 medium and low I'ntd Alrcr 75 I Untd Bisct good beef cows $14501600 ctltter METAL PRICES NEW TORK Auk 24 Follow In WfMntftday'a custom srotlteri prieti for diivsrf1 mttal Copper KKctrolytic detivrM Tultey 17Sc port New York 17c cantnjt lob rfinery nominal lake dt-tivarert 17c Common Niw York 15 129 15 12 14 ft ly-uia 14 9214 92Wc foretitn fiilf port )4 A2 14624c Zinc Prim wsptern Nw York 1070c Tnmt St LouIb 10c foreign gull! porta of (fie Clg-wni Parsler do bun 35 0 40c nepnara bar lh aweet -tfeac ehiu 61 23 3 and common $12501425 cannere down to $1150 soms light kinds $1100 and under few medium and good sausage llnld Corp (jmf HOTEL UTAH untd Knilt bulla $180O 19 00 US A Rc Gypam lnd Ch Total as lea Wednesday 720000 aharae- Calves Balsble 525: alow ateady medium and good slaughter calves $2000 8 fine Potaloea 300 lb Irlah CobWera No 1 $1 65: Na 2 $100 Buss Na JL $165: No 2 $100 110 Radlshe per doi bun 45055c Squash per Summer $100 Zus-oinl $1752 00 T'trnlpa per dot bun S085 Tomatoe per lug 75c 8 $100 prevloua day 840000 week ago 1441 050: year ago 522750 two yeara ago 0 24 00 few good vealera to $2500 L'nea Pipe 0 Rubber 475880 Jan 1 to dalf 149599029: Hoga Salable 550 holdovers around year ago 209563872 two mil am SOO ateady to 2oe lower too 7So lower do 1 pfdl b'aklast funcrieon rfinntr rfoify man rarpftf manager 1 163842801 Settlamant Itad lS123o 17325c ilivar 71 Via than Tueadayi lew good and choice light ii iaaeiafeeMai.