Deseret News from Salt Lake City, Utah • 16

August 27, 1948 THE DESERET NEWS Solt Lake city, Utah 'AO usiness mance 1111 SO Markets Quotations Marked Up In Slow Stock Market -lohloCopper Off 4 Cents it 'I i A I Ok Local Mart ustry Livestoci NORTH SALT LAKE CattleRtotiots 1360 ket, 110 througiL SO teady on ost grades; I 23mAgingmood 24g r001. 27 00: medium '23 00 Livesto: ck NORTH SALT LAKE. 1360 1167 through, 90 steady on most grades; 32,50: medium 24.000 19.000 2300; good grass 27 00: medium 23.000 7.47PY.,tt" Dow Jones Averages (Furnished by J. A. Bogle members Sew York Stock Exchanger Open High Low Close Chg.

Industrials, 183.55 182.38 183.21 0.69 Hails 61.49 60,84 61.440 68 34 90 34.66 34.82 0,19 68 stocks 68.80 68.26 6869 0 4 Bonds 98 6-0 01 romModities 142.25-0.44 (Sales In tholligotio.) -13141es Nigh Low Last 2s 57 31112 112 112 Am 2341 61 15 105 10514 105 Am 714T 244s Bo 7 9314, 93 9314 S140 Si 0 26 6614 65 6614 Fidt0 53 94 12 65 64 65 CMSPPo 4149 2019 22 7414 73 CMSPP ov 2 5712 8714 8714 WON 414e 99 1 6414 64 64 Del At 4e 63 6 9614 9614 9614 0,0109 38-44 95 6 50 14 9014 9014 N. Y. Curb I 1... 7 THEY DESIGN HUGE HOTEL SIGNR. C.

Graham points Out some of the features of the "Jhunderbird" sign for new Las Vegas Hotel to Roy Halsey, construction engineer. "NEW YORK, Aug, 27 (A?) (Bale In hundreds.) Sales Nigh Lem Last Alum Co. Am 1 914 69 14 69 ,4 Am Maracaibo 5 VG 8 514 Am Republics 1 2014 20 Va 2014 Atlas Corp War 7 514 8 Ye 814 Babcock di Wil 1 8 81 14 SI 611,1 Cen 8W Corp 10 10 10 104 Chief Cons Mng 14 1 Ys 114 Cities Services 20 82 52 82 Cons Mng 8 1 99 99 99 Cuban AtSug 8 19 1934 19 EiBon Sh" 12 13 12 13 Eureka Ltd. 6 I 1 14 lilt Pow pt 8 5314 83, 83 Kaiser Prans 4 1014 10' 10,4 tiotg Rud Pow 1 8 14 814 Technicolor 1 13 13 23 Unit 1 19'4 19 19 Utah 'Idaho Mug 2 234 2 La's Vegas Neon Sign Will Erect Spectacular Display I )r et t- ie r- 1- Lit th 1' le ky td 3- al ig st in pn 1 In EI in 1J 69 plant. There is now a set up for four glass blowers, a new sheet metal shop and'a new art department.

To add to the celebration Graham was recently awarded the contract for signs on the Thunderbird Hotel now under construction and the Douglas Oil Company. The Thunderbird to be installed on top of the tower of the hotel, which is 60 ft. high, will be approximately, 20 ft. high with a 66 ft wing There will also be a large lawn sign at the hotel 30 ft. long and 18 ft.

high, which will be a wagoner display with interchangeable letters and a thunderbird on top with the copy reading "Thunderbird Ho- tel." Robert ''Bob" Graham, general Manager and owner of Graham I Neon Sign Co. has been helping I "light up" Las Vegas for the past five years and was vice president of Lawrence Neon Sign in San Francisco, California prior to I coming to Nevada. His staff includes: Ray Halsey, Construction Engineer; Allen Bronson. head of art department; Don Mills, sheet metal foreman; Charlie Waterson, Glass room foreman, and "Boots" Lewis, head of the office staff, There are more yards of neon lights per capita on Fremont Street in Las Vegas than in any other city in the world, it has been reported by the Chamber of Commerce, Living Cost NEW YORK 'demand was enough to boost prices -cm's-broad front in-the stock Market In on of the slowestriess ons fn 41everal, years, quotations were marked up fractions tic-around two points or Volume remained at an unus- ti t-11 3 1014 104 1031 ally low rate, with turnover for xsy't, mfg, 5 83,4" 51,6 vs the day in the neighborhtiod of Heinz. 4 37 3634 37 3 500000 shares.

Hilton Ho4 Ho Sugar 19 283a 27 281, 2 ake 4 The heat that enveloped Homest M. 3 34' 34 34-- the city kept some traders home Houston Oil-, 9 3314 33 33.4 34 Howe Sound 2 01,4 0 40 and many, were off on vacations, 4 4 Vs Hudson Men 2 414 4 4 but quotations turned out to be Hudson M5t5 5 4414 44 44Y. Y. highly sensitive to only moderate Hudson Motor. 12 17 11 17 Hunt roods-.

1 14 14 -14 buying ordors. Hupp Corp. 2 331 3 A number of issues were at- Idaho 3 33' 33 3316 14 fected by Minot I Centrai 21 39 39.34 39 Inger 6934 693,4 69s Y4 Rand -ents, but brokers generally did Inland Steel. 8 44 -4334 44' not expect any broad sustained Inspir Copper 10 20 201,4 20344 11,1 Interlake Iron. 8.

14 14 1412 advance. Berlin was once more Int Harvester 14 2931 29 2934-, 14 referred to as the market's No. I it Nick Can 25 31 3134 4 31 1 Int Paper 16 60 59 6 4 0 14 problem. Johns 12 36 35 35 -1" Higher prices were paid for Jonet 10 35 3514 3514 U. S.

Steel Youngstown Sheet; Kan City So I 42---- 42 42 1,1 Ken Cop SO '4 dr i Montgomery Ward 99 3, 59 5934 esge SE 3 36 A. 36 4 3634 vs United Aircraft, Consolidated Na- Laclede Cies 4 4.1 5 531 Lambert 3 1931' 1914 -914. Less pohs 2 24 2414. 2434 31 st uurgaal GTaesx al: helps i cD oLdagneci Lehman Cor 49 MI 4811 Santa Fe. N.

Central, Southern Lib-O-P-01 I 51 .51 5134 14 Libby WHAM 10 9 93,4 Trust sH Cl jo Lig My 58 88 88 '2 1 RF Ili cehifflidel dtioniir uPnaitceidficAiTrleinxe'as, and Lima Hamil 3 10 10 1034 V4 North American Aviation. LiOn Oil 9 43 Ye 42 -4311 I 1 Sales High Low. Last Chg. Lockhd Aire 36 24 23 23 si Adams Rep 3 2034 20 ,2014 Lowe" Gmc 13 17 16 163- Vs Alaska Jitneed 21 31 3 12 Star 4 63 6231 63 Allegheny Cor 31 3 314 '3 Lorillard 9 20 2034 2014- 11 Allegheny pf 2 5111 51 51 V4 Mack Trucks 50-20 20 201a 44, Al Dye 3 18734 197 1873,4 .4 Macy. (RIG 6 36 353,4 36 Allied Sirs 7 34434 34 la Maracaibo Oil II 9 11 931 9 Allis 'Ch Mfg 7 34 34 349.

31 Marshall rid 2 2514 2531 Amerada Pet. I 101 101 101 Martin OL 4 14 14, 149. 11 Am Airlines 28 8 7 8 Mathieson Oh 3 37 37 37 I Am Br Shoe 3 37 3734 37.41 May Dent St 2 423,4 4234 4214 Ara Br Shoe pf 2 7 VA. 11 79. McCrory St 4 339.

32 3314 Am Cable As 12 4 414 4.4 McKess Rob I 32'1 329. 329. Am Can 2 81 819. lila- 34 Merck Co 2 619. 6114 6114 Am Cryst Bug 1 1814 18 1834- 14 Miami Cop 6 17 1631' 17 Am Cyabamid 5 3914 383 Mid-Cont Pe- 3 54 5414 -5414 Vs Am For Pw 5 3 .3 3 Mid Si Prod 3 43 42 43 234 Am FP 2 of 5 11 1034 II Vs Minn-Honey 8 499.

469. 4914 Si Am Locomotv 3 21 2134 213'1 14 Minn Mot 11 179. 16 179. Am Pow Lt 16 914 99. 99.

31 Mis Corp '6 589. 579. 58 I Am St St.19- 159. 15 159. Mo 711 711, Kin Tex 8 1 134, V.

Am Smelt At 5 6034 60 60 Va do of 19 309. 29 293,1 34 Am Tel at Tel 15 15414 154 15411 4tt Monsanto Ch. 5- 549. 54 5411 31 Am Tobacco 6 62 6211 (42 Ward. 14 22 .56 54 56.

19. Am Viscose- 16 7014 6814 6914 otor Prod I 27 27 27 Am Wat Wks. 7 A 7 8 Motor 2 20 2014 20 Va 49 194 le Am Woolen 9 '51 51 519. Mueller Brass. 2 .19 19 19 AAmnacoZnindes "'Collo 263 3174 '367'1'12'4 317'321 las 81 1 Ammon 37 36 34 Nat Bis 3 309.

2911 29-- 4632 46N 46ki 4 4 Arch-Dan-M 15 283,4 28 283,4 li Nat Cash Armco SU 12 29 289. 2814 9. Nat City LI' 2 711 711 l'ir la Nat Dairy 10 38 28 1 Armour Co 8 1211 12 12- Armstrong Ck 5 529. 52l4 5211 ''s Nat Dept 11 1734 17V4 1714- AUOttatei Inv 6 29 2811. 29 Nat Die 20 19 1934 1934 Arch 16 lie -1169.

118 Net Gyp 11 IT -16 163 4- Va All Coast Line. 3 5511 54 55'4 -'4 Nis Levi 5 31 3114 31a, V4 Avcri- Mfg 29 CS AU Refining. 32 4114 4014 4134 Li, 10 13 16 1 6 61. Nati Steel 96 969. 96 44 I Bald 3 15 15 15 N.M.

Corp 3 11 11 1114 es Bait Ohio- 10 1514 14 1531, Newport Indu 8 17.4 17 17' Newp ship 8 32 31 32 144 BBeecarn9sciall --k- NY Centr RR 38 17 1714 1714 14 Bell Aite---. 15 1511 15 13i 3i Iii lis'il 34'14 4..1 NY CM 8 I 84 84 84 1 Bendix Ariel. 4 3211 32 329. V. NYC Omnibus, I 16 161,4 1614 12 Bend Rom Ap 3 1434 149.

1431. 14 NY Hr'pf 2 38 38 38 14 Beth Steel 39 361,4 353 3614 Vs Noll West I 60 60 60 31 Illaw-Knox in 2 1631 16 1634 -s, I 253 253 2531 34 Boeing Airp 8 24 23 24 14 No Am Aviat. 6 13144 114 1214 14 Borden Co-. 4 41 4114 41.1 314 North Ant Co 15 lb 15 15 Borg Warn 7 5911 59 5924 North Pacific II .2234 22'4 2234 Bran Northwest Airl 4 1214 12 1214 sti Bridgeport Br 3 91 iff Alt4. 6 8 8'4 '931 9-'4 74 Ohio Oil 12 37 36 37 14 3 Bucyrus Erie 8 1931 19 1931 Omnibus Corp 5 911 9 99.

Budd Co 8 10 '10 10 Otis Elevator 8 34 '3334 -34 12 Buffalo Forge 1 37 37 37 1 Owens Gin 6 6014 5934 5934- 34 Bullerd Co I 1794 179. 1714 Pao Gas El 5 3494 3431 34 Burling Mills. 9 21 21 2131 V4 Pic West Oil 2 48 4714 11 Burr Add Ma 15 1714 1794 34 Packard Motor 39 49. 49. 431 'la Butte Cop 39.

311 s331 Pam dirn Airw 7 9 934 .9 Va. Byers (AM). 4 23 2214 23 Ya Panhndle 6,, 8 nyi 834 tallah 1 214 214 214 Parem Pions 35 2331 229. 2311 4i Calum Hee 13 631 631 611 Park HI On 2 294 2 A 29. V4 Can Dry 0 Al 11 11 11 Nrke Davis 9 27 26 2634- 14 Caned, Pao 32 159.

15 Illva Vs Penney (J C) 3 4634 46 46 Pei Cannon 1 4131 41 '4112- 14 Penn P4 Lt 6 18 189. 18 Vs Caro L. 10 299. 29 ,29 Isenn RR 17 19 1834 19 Carriers Corp. 16 1631 16 16 ps Cola 49 12 12 1231- Cam (.11) co.

4 4234 413,4 4251 PhelP1 OOP 15 55,4.549. 55 Phillip Morris 33 304 35 3614 si4 Caterpil Vac 8 $6 $431 $6 1 Phil' Elea 16 229. 22 2234- 14 Phillips Pet. It 67 67 67'4- '1 Plymouth Oil 6 46 46 46'4 Celanese. 3434-3534--134 Phil 3 -Cer5 I --9 Premed St1 Car 10 8 8 811 Cerro De Pas.

96 2164 Cert Teed Ches Ohio 24 38 38 3831 31 Proctor 4 6 88 7 7, 39 39V 39' 34 cbChii aarzIttnIAll 34 137 11'1 1.1331... 83t 8 87 Chi Ort West. 1 1034 10 1031 a ,8 Caro 10 29 29 29 14 Carriers Corp. 16 164 1 16 16 Case .11 Co. 4 42 4114 42 414 Crt Caterpil Tree.

8 56 54118 56 1 eeIrlato 222684s.1417-222648144-4-44114141 Teed Chea Ohio 24 3834 38 3818 Chi 11 Ill 4 718 6 212 '1 t. CColt. 197 12 9, 162144 6 22 fi 31:36 435a6594441.v.14: 223434356695:11,11.4 1 32 Ii Phil' Elec phinips It 673,9 9162 ova Pressd Sti Car 10 8 Proctor 0 8 81" Pu 26, 426281 42152:: 462278 4 3 i Stocks in the Spotlight NM YORK, Aug 27 (AP)-18a1ek closing price and net change of the tit. teen mostive "Woke Wee. Volume Stock Close Chg.

9900 Kennecott 9200 Comisith As -Sou. Ins 9100 Moony Va. 1814 7900 North Am. 124 la 6900 Tex Pat. 14 Tr.

4. 394 214 6200 Cone. RR Cubs Pt. 2714 11a 9000 Repub. Pict.

Pt. 634 Ivy 4900 Pepsi Cola 1231, 4900 Sinclair Ott 261it 4700 V. S. Steel 79le 114 4000 Int. TeL Ar TeL -13A4 3900 Seth.

Steel 2614 3900 Packs rd 3900 tin. Oil Calif. 344, 4. let 3800 NY Central 17 tn V. Cosh Corn Back; Futures Slump CHICAGO, Aug.

27 (APi-Cash emit got back to 12 on the Board of Trod Friday, but that didn't help futures prices. Grain for future delivery slumped. Only 65 can of torn IrriV001 here today. Prices Jumped around 10 cents bushel frifot yesterday. No.

1 Yellew corn brought $1.95 to $2 a bushel Wangs a117 to 51.88 yesterday. 1n early trading. moat futures trade modest gains. but during the latter part of the day downward Mend developed. Range of Grain- Futures CHICAGO.

Aug. 27 (AP-. WHEAT-- Open High Lotr Sep -2154 2.263,4 2 25 3 25 Dec ....2.26 2.28 2 26 2.27 MoY -217'4 2.19 2.174 2.15 July 1.96 1.94 1.95 COHN- Sep 1 63 1.64 1.61 1.62 Dec 141 1,414 1.38 1.384 May ..1,45 1,45 142 1.43 July 1.461a 1.46 1.43 1.44 Sep .72 73341 .72 Ye .1214 Dec .75 753 .7434 .7434 May 76 764 .7512 IVA July .10 Dec 1.66 1.61 1.61 May Nov .2.48 2.49 2.48 2.45 Dee 24 249 2.45 2.4514 Mar -2 49 2.50 2.47 2.47 Sep 18.10 18,20 17.95 17.95 Oct 18.22 18.35 18.02 18.05 Nov 18.40 18.15 18.15 Dec 19 37 1812 19.15 Jan .......39.10 19.20 19.00 19,00 Mar 19.25 19.25 19.15 1515 1.righvt Future een for Utah Carter Oil Executive Sees Vernal Oil Field It 1i. plotto of Denver, exploration manager, for the Carter Oil Company. Friday said his organization has a lot of hone 'in the future of Utah as a major oil producer ant added that ex- pedts to see quite a bit of activity here in the near future.

"Carter has several thousand acres in the tlintah Basin and will drill several, wells in the elate," Mr, Sloan declared. Mr. Sloan said the casing is being perforated around 7176 in the Ruth Nelson No. 1 near Vernal, but f- added that the test has been run- ninginto difficulty with water. I Re addectthat porosity in the for' rnation tegted was about 15 to 16 I per cento----- gr Sloan said that he did a nolt believe the Vernal structure to i bo apextension of the Rangely but if it became a 4 rnilocincer it would prove to be-an 1- eriendent field in its own right a hv lq 1 els ern atura ea Company 4 'arid $yrd-trost, have elected toi daepenk No.

1 Navajo in the BounHary Butte Field, San Juan C6uW, Utah, after gauging pro I. dtrtiOn at 9,000,000 cubic feet of 1 laa dayTop of the Hermosa was egged at 3530 feet, eleva- Van 121, ground, and the hole was bottomed gt 4450 after cc- 4 znOnt ng casing lit -4365 feet. The well tan.considerably lower than tile- discovery and after treati meat: with 2000 gallons of acid ficwed 2,000,000 cubic feet of gas with a spray oil. No oil gr; en otnwproduction i with an na I ad additional tieostsafter na 1 9410es of acid. It is understood 1 that he well will be deepened on the gossibility that the test is near edge of the gas ap and migh encounter more oil at deep- artde ths.

i K. 4 Funk. former Salt Laker I NO en named manager of I specialty sales for i Grrybar Electric Company of New York City, it was announced Fri day. Mr. Funk will work directly 4 under the company president.

He is the son of the Late MO. and Fortilda Funk, formerly of Salt Lake City. His mother know makes her home with a daughter, I 0 Mrs. J. Wyley Sessions of Provo.

The Frontier Refining tom- pany has shut in No. 1 Govern mentCrittenden on the Bar-X feature in eastern Grand CountY after gauging 3,750,000 cubic feet 0 of gas per day through 20 pert forations between 3605 'and 3610 feet. The goals reportedly of low BTU content Tops includethe Dakota 2825 feet, Morrison 2996 I- feet Entrada 3562 tnArida 3710 feet, Navajo feet. Ctranite Wash 4435 feet and Grani Ite 4485 feet. 0 Union Pacific Railroad directors declared an initial dividend Iof $1.25 on the new common stock.

payable Oct. 1 to holders of record Sept. 7. On the old atOck, which was split two-for-one on July 1, payments of $2.50 were made in April and July. 1 The Seaboard Oil Company .18 1 starting to move in material it the No.

1 Unite, projected 6000- foot test of the Wasatch on the I firrn'a Bitter Creek Unit In Vint tah County with drilling ached uled to be underway by Sept. IKerr-McGee will handle the contract i J. W. Lawrence, manager of the Salt Lake City agency of the I Prudential Life Insurance Company, annoanced. Friday that a 1 special train composed of eight Pullmans and four baggage cars carrying personnel and records of the Nein ark, N.

office was 4 now 'crossivir the country to ri iwestern dtvidort headquarters in Los Angeles. 1 Mr. Lawrence said 79 employes and their families. plus millions of records weighing 20,000 pounds are making the cross-country trip In the mass- migration. 1 He ex plained that the new Los Angeles office will liervie the company's western policy holders.

The shift is scheduled to be completed by 1 Sept. 11 without interruption of service to policyholders, be de- glared. ruff okla VC Irligt oia 16 a SO ANIA.AVil IP of record Sept. 7. On the old ottick, which was split two-for-one on July 1, payments of $2.50 were made in April and July.

Clifton W. Flint of Sandy has been named Salt Lake City area 413, W14 I Ot: GET. Aug. 27 USDA) total, 103 market, direct. Prices about steers 28.000 27,00: 'common heifers 25.000 25.00; comito 17 000 21.00; good 22.00023.507 21.001.-etteser end eommost 17.50S 18.50; cancers 14.00046.00; Fey canners 11.0001100: good beef bulls 23.00025.00; medium kind 2f.000 23.00; common 18.00,020.00: good to choice vem 2000029.0Q with few head making 30.00: medium 23,000 26.00; low grade calves 19.00E23.00; good stocker and feeder sttera 24.00028.00, with good stock calves 25.00028.0hr Hogs-Receiottee0015 total, 42 773 through.

Prices steady; good to choice' IRO to 240 lb. -butchers 30 500 31,00: 240 to 280 lb. 29 504 30 00; 260 to 280 28.500 29.00: 280 to 300 1b: 27.500,28.00- 300 to 330 lb. 26 to 360 lb. 25.500 20.00- creme light weight 'sows under .300 lb.

butchers 27.00r 300 to 400 lb. 25.00, 400 to 450 lb. 23.00; over 450 lb 2200 Sheep-Receipts-1505 total, 75 market. 1430 through. Price; steady to a little lower: good and choice trucked in milk lambs brought 23.70024.50: common and medium 23.50; good and choice trucked, in slaughter evreS 9.00010.00; medium' 7.000 9.00; common 3.00 to 3.00., OGDEN 27-Cattle: Salable 125, Wel 1725.

Mostly cleanup trade. Pew' grass heifers and loaf grade slaughter' cows steady. Small lots feeder steers' steadr, Odd medium heifers 26,00. Cutter and common cows icooe Other slaughter classes nominally Steady. Good 800-950 lb.

feeder steers 25.00026.00, Hogs: Salable 20, total 920. Generally, steady on all climes. Few ehoice 212-220 lb. butchers 31.25 for an extreme top. Bulk good and choice 180-240 lb.

htstchers 31.25 for an extreme top. Bulk good and choice 180-240 lb. butchers 30.50031.00. latter practical top. Pew good and choice sows under 300 lbs.

26.504527.0e. 300-400 lbs. 25.00026.00. 400-500 lbs. 23.500 24.50.

Sheep: Salable total MO- No early sales. Thursday slaughter lambs steady to 25 lower except one ambli string truckins looked 50 higher, slaughter ewes and feeding lambs steady. Around 3 10fida goot and choice 86 lb. local truckin, slaughter lambs 26.00. 14 loads good and choice Idahos 25.000 25.25.

'Two loads good and choice slaughter ewes 11.00 with 10 to 20 per cent out at .000 7.00' Three loads good killer ewes 10.0001050. Two loads medium 9.25. Six doubles good and choice 77-82 lb. feeding lambs 24.75. Pour loads 83-94 lbs.

24.50. Four loads so lbs. 24.25. Load 67 lb. local trucking 24.00..

CHICAGO, Aug. 27 APeCSDA1-8a1-- able hogs 4000. total 6000; steady to 25 cents dower: top 30.75; most good and choice 200 to 370 lb. 30.o0030.50: few 280 to 300 lb. 29.25030.00; 150 to 180 'lb.

28.00629.75: and- choice sows under 300 lb. intiMly 28.00027 00:325 to 350 M. 27.00028.30; 360 to 400 lb: 25.00 026.75. Salable cattle 1000. isn'01 12007 sa1 able calves 300, total 300: steers and heifers about steady St week's decline: canners, euttera, and common fully steady; medium and good ileef cows dull and weak: bulls weak to unevenly lower: ivealers steady to 50 cents lower; load choice to prima 1116 lb.

fed steers 41.35: medium and good steers 25.00033.00 'common light grassers down to 20.00: medium and good beef cows 1000E22007 tatiners and cutters 14.50017.50: cutter td medium grass bulls 17.00022.30: few good; and choice' smilers 26.50030.00. Salable sheep 1000. total 2500; native and slaughter ewes about steadv: undertone weak with some sales- both Pw es and tenths around 25 cents off: and choice native Ewing lambs 75.50026.00; good and choice ewes to Nowt. Aug. 27 (04DAICattlena1 able 200.

total 200. includes 100 Alexicsn steers ordered in to lotel packer, otherwise mostly eows: clean-up weak market, on all classes and most cows held for Monday: common to good vealers 20,000 28.00. common-to- good heavy calves 22.00 028.00, medium light bulls 21.30. corn-non: gram heifers 21,36 irwdium to good stork cajvcs medium stock heifers 23.00, common to good stork cows 17.50620.30. HogsSalable small sup.

ply cleared eariv. bulls steady: good to choice 180 to 265 lb. barrews and gilts 31.504131.75. top 31.75: medium to good 290-1b. 28.50, heavier weights absent: good to choice under 300-1b.

sows 28.00. good 440 to 455 tbs. 26.00. 8heeP-4a1eble 2000total 7200slaughter goring lambs not established; asking stronger or above 27.00 for most good to choice truck-ins; early demand apparently narrow: few slaughter ewes strong at 11.00 elown feeding lambs steady to 25 )igher. Thursday's late decline regained; load good to choice 69-lb.

Colorados 26.50; few good to choice truck-ins 25.00. XANSIASI CITY. Aug. 27 (AP)-IllMAI Cattle salable 300. total 800; calves salable and total 50; slow.

Indifferent week and demand; scattered sales cows weak to unevenly lower; vealers and calyes about Meade: leer common and medium cows 18.25420 00: odd Into canners and cutters 15.50618 00 small lots good and choice vesiers 25.00628.00. Hogs salable and total 500 fully steady; JO 30 25: good and choice few 260-280 lb. 29.00 20.75; 'load 400 lb. butchers 26.00; sows 22.500 Sheen salable and total 500; morlerlidel2 'active, spring 'lambs 1.00 lower; eves weak; rood and choice native sprint lambs 25 50; medium And good 22.504 .24.00: odd Into good and choice slaughter ewes 10.50; medium ahipment 10.00610,23. LOS ANOFLEOL Aug.

21 (API (313144) 306 steer oualitv common and medium. Pew 'Mffittlin stockers 24.50026.50; one load medium and good heifers offered; few loads wood young cows held upwards to 24.50; load medium to good 1073 lb. northern cows 23,75, steady. CalvesNotable none nominal. Hogaestable 30, steady.

Good end choice 180-240 lb. butchers lacking NomMal top 31.75. Sheep salable none. nominal. Dry-Goods NEW YORE.

Aug. 21 (AP), Tho cotton textile market wits dull today. Prices remained about unchanged with buyers indifferent to fifteen's. The wool goods situation was unchanged. Alt Army call or serge cloth was heavily oversubscribed.

focusing re-rimed attention on the desire of manufacturers for more btuilnetft Oft the books. Rayon goods held quiet. Potato Market CHICAGO. Aug. 3 (AP-11BOAlPotatots: Arrivals 77, on track 219; total S.

shipment 895: supplies moderate; demand tate tor good stocks. alow, for others: market tirm for best storks, dull for others: Russois banks 3.0403.75: Minnesota-North Dakota Bliss Triumphs 2.82: Red Wash's 3.00: Nebraska Cobblers 2.35: l8out) Dakota Red Washout Washington Long Whits 3.406 3.4$ Wisconsin Liss Triumphs 2.7$, Red Warbss 2.90. Metal Prices A Sark to Co CoP012 23 SO a Lead 19 50 a Zino 15 00 fai)ile IV. I 90 125e Handy It Marmon .01. 3 7 5e 3 75 3 75e U.

S. Navy Offers Bonus to Doctors wAstfillaToN (AP)--The Navy put out its annual appeal for young doctors Friday without too much hope of getting its needs filled. Commissions as lieutenants (JG) to the Medical corps. plus a $IN bonus, are offered success- itli applicants under 32 years ot age who pass examinations shed- uled at naval ho 11 spitals Oct. 4-.

"An unlimited 'number of doc- tors are needed," a Navy oh- cial said. "But, judging by past years. we don't anticipate too many, will apply." East Sttndard-led tradinron the Salt Lake Stock Exchange k'riday volumewise while East Utah chalked up the biggest gain as 21 issues were active with six even, 11 off and four up during a day. Which saw 49,539 shares ihanite hands as Compared. with Thursday.

East Standard gained a quarter of a cent on 11,000 shares to close at 514 and East Utah moved up a penny to close at 71 on 900 shares. Bristol Silver moved up a half to id on 500 and Miller Hill also gained a half on 2000 to close at 1212. Biggest loser of the day was Ohio Copper which dropped over four cents to close at 26 on 7400 shares and Crescent Eagle slipped back three cents to close at 33 on 3600 shares, -A one-cent loss was suffered by Naildriver on 1000 shares to close at 49. Tatiay's Quotations LISTED 'MOCKS-. BId Asked BigHill .0814 Bingha Met'als .02,4 .02.1 Bonanza Mining r.

0234 .04 Bristol Silver .16 .1834 Bullion .0634 0634 zCardiff 18,34 .30 Central Standard 0234 404 Chief, Con. I 60 1 65 Clayton 35 3 sColorad0 Con. .04 Columbus Rexall .26 2934 Cornbined Metals .20 Comet Coalition .09.4 .1.1 Commonwealth Lead' .03 .04 Croft .01,34 Con. Eureka .09 .1034 Crescent Eagle CH .33 34 Crown Point 06 01 Dragon .03 .05 East Crown Poih.t .0334 .05 East Standard .05 .0534 East Tintic Coalition .06 .14 East Utah .10 .72 ZMPire Mines .03 Vs .05 Eureka Bullion .12 .13 Eueka Lilly Con. .25 .26 Eureka Mines .04 .06 Eureka Standard .26 .35 Gold Chain 0.

.02 .04 Grand Depoitt .0334 05 Great Western .05 .06 Horn Silver .25 .27 Howell 1334 .15 Indian Queen .02 .0234 Kennebec .17 .20 KentuckyUtah .02 0234 Keystone .30 .39 Lakeside Monarch .04 MS Leonora 05 .0534 Little May 021S .03 xmattison min ta 'f20 Magnolia Lead .04 .06 zMammoth .33 .35 Miller Hill .12 .13 Miners Gold .02,34 1 Moscow 0234 0334 Mtn. States Dee. .22 .23 Mountain View .03 .05 Ohio Copper .25 Park Bingham .0234 0334 Park City Con. .40 .41 Park Konold 09 .12 Park Nelson Park Premier 06 0719 sPark Utah 28 2 so Pioche Bristol Plumbic Mines .06 30 Plutus .22 Plpitiumtubsit 51ines 10 .00 .19 .22 sPrines .19 .20 Prosper Mng. .02 .02 'Rico, Argentine 1 45 250 sltoyston Coarn.

.063 07 )(Silver King C0111'n. 45 it 00 Silver Xing West 1111 sSileer Shield .04 Vs attest Standard .03 .03 V4 Sioux Mines .03 .05 Iron Blossom .06 .10 Standard .064 .10 )(Swansea Con .02 .03 sTar Sabi .06 Ve .07 Tintio Central 02 .02 trintie Standard 1.05 1,10 Union Chief .0234 .03 Utah Con. .01 .02 RUtah Id. Sue. Corn 270 3 00 sUfah-ld, Sur -Std.

10 15.00 stitah-Wyo Con. Oil .37 Victor Con .02 .03 Western -A1loys .02 vs .04 West Toledo sWilbert a .03 .03 Yankee Con. .03 .04 Zums, 4,04 .04 Unlisted litoelia )(Amain. Sug. 11 5 12 Wag.

Mach. .50 60 sUtah Tire Cloy .68 00 .15.00, stItah Corn. 22.00 22 25 sales OPERATING r53114t: at 6. Co lb. Crescent Eagle.

1300 at 23; 200 at ss: tolosast 34; 1000 at 34: 1000 at 33. rut ilitirad.g;g6 all' 70; 200at. 91. sureka Lilly. 3 at 20; 100 at 26, 300 lat 24'f at 23.

Little May. 1000 at 234. madison Mines. 500 at 19. Miller Hill, 2000 at 124.

Naildriver, 100 at 49 Ohio apratic, 1000 at 311e, 3000 at 3 1 Copper. 100 at 211; 300 at 26, 7000 25. Part cur Con. 100 at 40. ling" IWG it 214 st vston Coaln'.

1000 it es Tatiirvorttabirdrdo Tr 6t4; 2000 at 3, 1 Big Rill. 1000 at 11 1,4 1 Croft. 1000 at 2.. Kentucky-mei. loon at 2 Union Chief.

1000 at 2As. alndicates operating companies, Curb Sales Mountain States Development 4500 at 22, New Majestic 1000 at 3. Ohio Copper 1000 at U. Park City Con. 200 at 40.

Silver Shield 2000 at 434.. Far flatly 1000 at 814. NON.OPERATING SI Hill 1000 at 814. Over The Counter Bid Asked Amalgamated Sugar 35 945 Amalgamated PM 85 9.15 First Security $2 00 113,50 Independent Coat and Coke 1.15 1.25 Park City Utah. .15 .25 Utah Fund 10.98 Mountsin Ptiel 91.75 22 50 Utah Rome tiro DM ARS 00 Utah Oil 13.50 14.00 Utah Power Light 21.75 22.50 Z.

C. M. 47 00 71.00 Equtty Oil $87tu 7.25 Utah Souther Oil 1315 14,25 S. L. Bank Clearings Tostordaya lank Debits 610 401,424 00 Sama Day Last Tsar $1,644 411 00 Today's Coatings $10.620 263.63 Same Day Last 'Yost 65.606.062,63 Grain Letter punished 7 hegyrill Lynch.

Pima, wad thaana. Aug. gt Wheat The government is apparently gridlock follow advances with their bids ee far this week have bought 'UMW quantities of wheat. The market is feeling tho effects of this buy. In as betties are being lifted at present rate and evident intentions of the tavern wrest can con pet prical tip la the lean baslit; Tim improved cash demand is relletted, in the September contraete tehteh have been gaining on tho December future both hers and in 'Kansas City.

The market aisticars willing to toliow any constructiva news. Cant The tash eituittlen'is hecohang eery tight. Cash is Wading the way and increasing its premium over Is a posatbility of rains. In parts of Iowa and risme are needed te prevent deterleatiert In the grossing crop. The market is mindfUl of the welting demand tor the new crop.

Oats There is net much prisairn on 'slues. Regis St terretilkatit are on the Hint wide but for the time being the market seems Willing tit Aillost Actions Si ether grain LAS VEGAS The Graham Neon Sign Company, 1619 East Fremont St, held a big open house Saturday, to display their newly enlarged plant. Mr. Gra-, ham bought out the Cosgrill Nen Sign company about three months ago and since that time has made considerable improvements In the representative for Manley popcorn company. His appointment was announced today by Arlie B.

Beery of Denver, Man-icy district manager, who is in Salt Lake on business. Mr, Flint's territory covers Utah, Idaho and Montana, Off The Deseret News acting on information furnished by officials of the Slim Olson Service Station to the News' correspondent mistakenly reported in the Tuesday, Aug. 24 issue, that the company's station at the forks of Highways 89 and 91 was the second largest in the United Officials of the company now state that the station is the largest in the United States. The California Company is coring sand below 8260 feet at the Unit wildcat on the firms Upper Valley Unit, Garfield County. Byrd-Frost, Western N'atural Gas Company at al have completed their second gas well on the Boundary Butte structure in San Juan County.

The well was drilled to 4450 feet, total depth and following 11,000 gallon acid, treatment made 9,000,000 cubic feet of gas. Casing was cemented at 4365 feet, with top of the Hermosa reported at 3530 feet, The operators are now drilling a shallow Coconino well on the struc- ture, and it successful in finding oil in a zone showing staining In -previous wells, will carry on a drilling program to this formation in the field. There is no present outlet for the gas in this field, but several plans are now under consideration to market this gas. rice Index Ann su confinue ZsIEW libRK (APIThe consumers' price index of the National Industrial Conference Board reached a record high in mid-July for the fourth consecutivt'month, at 165.5 per cent of the January, 1939, bast. The board, an independent research'organization, said the increase over mid-June was 0.7 per cent and over July, 1947, it was 9.1 per cent.

Expressed in January, 1939, dollars. the purchasing power of the dollar stood at 60.4 cents in mid-July, a drop of 0.7 per cent front June and of 8.3 per cent year ago. The board's-Index is batedow prices paid in 62 cities by moderate-Income families for food, housing, clothing, fuel, house furnishings and sundries. Rubber Use Grows NEW-- YORK 4-0 Synthetic rdbber has replaced 78 per cent of the natural rubber formerly used in sealing compounds for tin cans, according to an American Can Company research re-Port. Prewar experiments per.

mined a gradual shift to synthetics that has now become permanent, it was stated. le I ifk (2) a iti44 Pay HikeSet x7 DETRorrGeneral Motors to er day announced that. in accord- or ance with its current cost-of-liv- ut ing imately 333,000 of its employes in xt the United States will receive an vi, adjustment to compensate for the rise in the cost of living since xx the formula wits adopted as of 17 April this year. Approximately 265,000 hourly- tit rated employes will receive an co adjustment of 3 cents per hour 2t1 xt xi effective as of the first pay Pe- riod beginning after September 1. This adjustment will be effec- 01 tive for the months of September, Oc tober-ond-Novembe Approximately' 68,000 GM sal- iried employes will receive $25 a during September which represents the cost-of-living adjustment for the preceding three 25 months.

During December. eligible salaried employes will receive an additional $15 or a total of $40, as a cost-of-living adiust- 4 rnent for the period between September 1 and December 1. Under the formula, wages and salaries In General Motors are adjusted quarterly in line with the increase and decrease in the NI Consumer Price Index of their. S. Bureau of Labor Statistics, The BLS Consumer Price Index for July 15, made public today.

is l7: I IS comoaredwiththeBLS Index of 169.3 for April 15 of this year. September I be effee September, GM sal- ereive S25 ich repre- ig adjust- ling three rnber, el- te Will re- or a total ing adiust viten Sep- I. wages and dotors are line With in G. the. DI trial).

istics, The Index for nriair it I s80. So. Con. at Cash Grain CHICAGO, Aug. 27 (AP) whoa( None.

Corn No. 1 yellow 1.956 2 00: osteNo. 1 heavy mixed 77; N. 1 heavy white 78; No. 1 white 16; No.

2 heavy white 77 67g. BarlayNomiluttIfit r11114-171-6-6T47: feed 1 0061 25. Field geed per hundred. weight nominal; sweet clover 15 50,616 00; red top 41 00643.00; timothy 9.50610,00; soybeans none. N.

Y.Butter and Eggs -t NEW YORK. Aug. 21 (AP) 4 Buie 1 ter 363.570, firm. Wholesale prices en bulk cartons. Creamery, higher than 92 score and premium marks (AM 770,78 cents: 93 ICON (A) 7461E7434: 90 score (B) 70: 1174 .943 (New tubs usually eanimand tent a pound over the bulk carton 9Fire Cheese Steady, prices unchanged.

Eggs 9538, steady New York spot quotations follow: Midwestern: Mixed colors Pancy heavyweights ertroxtra-1' lallgeThn el extra 2 large 520654; extra medium 52 Pullets 424645; dirties 43 6x; chicks 39. Whites: Fancy heavyweights 63 65: Pxtrs 1 large 604661; extra' 2 large 870 58; extras 3 and 4 large 55031; ex. tra 1 medium 5746 59. Browne: ranee Atleyweighla SOO at extra 1 large 8746 59; extra 2 large 56: extra I mediam 53054. ti 259 3359t: 3359: 33891'4 12 1214 14 Radio Corp 19 1214 Radio-K-Orp II 7 9 v.

Racomer no 3 32 32 3214 14 Reming Rand 2 12 12 1241-. Vs Repub Aria- 13 1018 10 1018 1.8 Rem Motors 2 84 le les ya, Repub Pict 37 314 314 314 14 Republic Steel 14 2914 2914 2934 Ve Rev Con Br 3 1714 17 17- Vs Rossi 17 6 6 fi 14 Reynolds Tob-1041411 48 4- tit 11541m Mfg. 3 21 2014 21 14 salltalef 33: 5034 5032 27 sv48 532 01 4., .8. 8l 198 1 1 1114 4 22s941 41221s14 I. Schenely Distill 14 24 28 2814 vs Saab Al 22,4 22 14 Sears Roebuck.

16 3914 36 3914 Vs 3118592 3314,44. 311 593233,14,4.1.11:6,44,4 21,..111,710,126.,.5.0, 2 29 29 29 rart: :4 4 26 2916441 64216086314 451589:4 1,41444 .31.111 3.,1 3 117 116 117 2 CI.orep. 1 28,41 28 28 4 10 104 10 Square Co 2 19 19 19 Stand Brenda 17 26 26 26 Mt Std 2' I f. 6 23 3 8 2 1,758. 74625983ZZ D8rougrg.

213914 -21394 93Z, 8Stteowkelirct 11WanarC" 213214-18 113211 14 Stone Web 17 1614 1614 Ve Stude Corp 16 2514 23 .25 511 OP 4 69 66,4 6814 Sunray Oil 19 13 13 1314 Sunshine mng 3 934 9 9 Swift Co 7 3314 33 -3314 14 871U1 11111, 1) 15 13 15 14 Sylvan El Pro 11 21 31 211 IA Scintilla 2 514 514 534- 14 Texas Co, 15 5814 56141 Texas GollSti 3 8414 -SPA S1 Tex Pao Tr 69 3914' 3714 ,3914 214 Textron 4 15 1418 148- do of 3 18 10 Thermoul Co '16 8 0 II Thompson Prod I 57 57 57 :14 Tide Ws A.011 9 2614 26 261' Tlinken-D Axel 2 20 20 2011 Timken Bear 2. 51 51 51 4-18 Transamerica I 11 148 11 1141 Trios 117 Mr 3 1414 vovit 1434 Tri.Cont Corp 12 9 814 9 -4' do .10 101 101 101 Twent C.Fox 11 21,4 20 21 Onion 8 P. 2 3414 3414 3434-8 12 Union Carbide. 35 41 41 4114 Colors Oil Cal. 39' 34 33 34 Union Pacific- 1 91 91 91 12 do of 9 4914 49 41 i- 14 Unittod A 1334 13 13 It, do pl, I -72 72 72 -1 United Aircraft 3 27 26 27 United Biscuit.

I 22 22 22 United COTS. 17 314 3 314 de pf 4 45 45'4 4514 111r United 12 5418 5414 6iii United 0 Imp JO 2018- 20i 20-. 14 tr 8 Pr Sec lir 27 2714 2734 341 II 8 2 105 10.71410514-,. I a Iteather 1 514 614 ve I 47 47 47 .981 17 0 3 30 29 2914- 121 17 8 13 4914 45 4514 14 de pf 1,20 130 129 130 '14 17 8 8 15 111 3 4716 47 47 -14 47 47 47 17 a 3 30 29 2911i-- 8 13 4alis 45 4534 do pt 1.20 130 129 130 17 8 It at la 3 47 47 47 s291 2110002 10002 1411 2110004,3 411:7 do of 3614 36 36--- Chi 3 21 21 21 do of I 46 46 46 Chl Pneu Tool I 34 34 34 Cht Pic 4 68 6714 67 Chi RI Pat 19 384 3118 35 Chrysler Corp 22 5914 5618 69 9ii Cin a fii Z. 9 27 2714 CIT Pinan 6 42,4 42 42 14 Clete El 7 3914 39 39 do of .20 10614-143741-40514 14 Climax Molyb 2 154 15 1548 Coca Cola ti body 293 4 74.44.

.1394364 Is12 al IAP. 1774 7316791 19 3 ,4 22 22914 .4. Com Col Breast 8 I 22 2214 2214 Colum I 10 10 10 redit 12 49 48 428618 ,4 Coml Solvents 9 2214 22 22 Codirtowitah 926 226 ,16. 226 214 vs Congoleum Nair 1 3414 34 Cons Copprm 6 5 514 514 Cons Edison 9 2314 2314 23,4 Vit Cont Cc000ns 236 ,341862 431562 Cons Vultee- 15 10 -934 lp 14 Cont Can 3 3255914 4- .,414, Cone 16 Cons Oil Del 7 61 40 61 Y4 Corn Products 13 6214 63 62 do pf 1.10 170 169 1169 --1 Crown Crk 81 6 4 21 20 21 14 eCrrouweinbleZsety ,912 23926431 221s49iisiti 84 in 4 Cub Am Bug Curtis Pub 12' 11 10 11 25S' ,256588,.... 42 Dece Records I Cutler Hamm I 2614 281s Dayton 4 21114 83614 2,81,144 it Vs 814 Deere fir Co 3 35 35 35 Del Hudson 2 47 47 47 13 36 tie 35 t4 3514 st do of 2 5214 2148 9214 14 Detroit Edison 6 20 2014 2018 18 Dist Corp Seag 11 1514 .15 15 Vs Dr.

Pepper 3 14114 1414 1414 Doehler Jarvis 1 34 2431 34 Dome Mines ,.11 1334 1314 1318-. 14 Doug Mreraft 2 6314 53 5314 118 Dow Chem 44 4414 Dresser Indust 3 -36 26 26 Du PM de 3 172 171 172 Vs Emit A Lin 24 17 16 1714 14 East 8 SU I 17 '1714 17 14 Eastman Kod 23 4414 43 44 14 14 Eaton MI I 6214 62 6214 Vs Aut 2 49 4 49 148 I Eleg Bost 2 .15 .15 15 34 at Pow 14. 7 21 '21Ve 21 14 El StertIO 1141 1 24'4, 2414 2414- 14 gi past, p8 ass fi. 7314 7214 7314118 Erie RR 14 15 15 1514 Eversharp 2 1118, I 814 Fairbanka MGM 2 46 Y4 46 Vs 46 V4 16 Farm Tel 19 714 7 714' edders 'Qui 12 13 1434 12 V4 Firestone 2 47 4714 4714 Vs Florence Stove 3 3214 3134 3114-I 12 30-18 30 3018 14 Food Machinery 3 3614 36 36 1,8 11oster-Wheeler 7 '34, 34 3414-- Vs Fruehauf Tra 3 2034 20 2014 Getr iRobert) 4 814 8 8 Oar Wood Ind. 1 1114 8,4 814 14 Gen 1 1018 10 1011 14 Oen '7 12 12 12 Gen Cif SI." 1 2014.

2034 2034 16 Oen Elee 30 31 3414 3954-3, Oen 2 3914 3914 3914 O. Mills I 4914 49 4914 14 Oen Motors. 20 6318 83 vs 6314-- Oirnbel WOE 19 2014 20 2041-- 14 amidtotsclictos ir 23 23'4, 46 Goodyear l'Orn 14 45 Ira 11 37.4 1111-114 1 4262. 42621,64 4226t.14: a4s, at wyst liagar 4 214- 21 orlYhound 27 1114 1141 11 gruyrtmszt itn I 101,, 204 20,4 awe os 14 :744 81:41 42,. Hall l''''- 1 11'll 149'4- 111341.wIk" 3 2434 24,4 24,4 4U HMrt Be 4 It 1 22'S 21'4, Mayes I Slo mi t4 The next cost-of-living adjustment.

if an increase or decrease Is necessary, will be made in December, based on the BLS Consumer Price Index fot October 15. Steel Output Up PITTSBURGH Output of finished steel in the first six months of 1948 reached 33 million tons. If the industry continues this rate of production, it will exceed this year by a wide margin any previous peak. CURRENT RATE ON INSURED SAVIIIGS 01 Poultry and Produce YORKLiye poultry 'easy. Ay freight: None.

By express: Broilers, Rocks few cockerels slightly stabhy 40: Crosses De lowers 41.42; few MO as 43, 845110 low as 40, carried 35Liki Reds, few carried 40. Wool Tops NM YORK, Aug, 21 APIsWool tope futures were irregular today with near months, steady on buying Boston deals erg. Later deliveries Dogged on hedging. Estimated.sales of wool tope wars 65,001 pounds; cud future 84.000. Wool futures held quiet.

Wool futures closed unchanged, Delk 131.58; March 135.51; July 133,51. Certificated wool spot 138,006. Wool tops futures closed unchanged to .5 of a cant higher. Oct. 177.51; Dee.

MOP. May 175.53; July 178,08. Certificated spot wool tope 171.0N,, 1-114; N-Nominal. I Produce Market EGGS Grad LA 62e; Grade A 62o: Medium 1 S7c: Grade SU; Medium 42e: Small Leghorn Rens gra, I 06e ilvegrelong Colored I gcto threweight Leghorn Brotiorg Nn, I 33e hvemehrha Colored Springers 3e lireveigng Markets At a Glance SEW YORK, Aug: 2 Stocksa RIghsr- lightdemand lifts market. BondsQuist; selected tails OSUMI.

CottonDull; sesttored hscising, CHICAGO Whost--Mixoti; thanges. CornlOssk; rale to "arts of Sows. Osto--Essy; totlusocatt 112 corn down. to 5 tints lower; 6e. CattioIltesd2 to vela; too 41 35.

17 a 44 7934s nt 79161,4 pt 3 134 134 1,34 -ss 17 8 Tobacco 4,18 la 194 Werner-8 Piet 23- Wayne 11. 181a 17 18r Wesson 0 at 8 9 29 211 .29 West Penn al. 12 174 171it 171 West tln a 20i4 20 Westing Blot. 17 2144 27 20141 white Motor 4 1914 101e 19-s Willys-Ocerl- 4 10 934 10 Wilson Co- 14 14 1434 la 4534 4534 A Youngs 8111T a alks St allsel Zenith It 3034 193 33 4-4 Cv.