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LIVESTOCK MARKETS.
NORTH SALT LAKE.
NORTH SALT LAKE, Jan. 28.—(Federal-State Market News Service.)—Hogs—Receipts, 3294; 954 head direct to local packers, balance of receipts in transit through yards to San Francisco and Los Angeles packers; market, quotably 15c to 20c lower; medium and heavyweight butchers, medium to choice 200 pounds and up, $5.50@6.75; light weight butchers, medium to choice, 160 to 200 pounds, $6.35@7.30; packing hogs, 275 pounds and up, $5.00@6.25; feeder and stocker pigs, $4.00@5.00.
Cattle—Receipts, 394; all receipts in transit to Los Angeles packers; market nominally steady; steers, good, $7.75@8.25; medium, $5.75@7.75; common, $4.00@5.75; heifers, good, $5.25@6.00; common and medium, $3.00@5.25; cows, good, $5.25@6.00; common and medium, $3.00@5.25; canners and cutters, $1.50@3.00; bulls, good, $3.00@3.75; bolognas, $2.00@3.00; calves, 190 lbs. and down, $5.50@7.00; 190 pounds and up, $3.50@6.00; feeder and stocker steers, 750 pounds and up, $5.00@7.00; 750 pounds and down, $3.50@6.00; feeder and stocker cows and heifers, $2.75@4.00.
Sheep—Receipts, 1896; 91 head in transit to Utah feed lots, balance of receipts in transit to Los Angeles packers; market, steady; lambs, light and heavyweight, medium to prime, $10.50@11.75; all weights, cull and common, $8.00@10.50; wethers, yearlings and aged, $6.50@7.25; fat ewes, $4.00@5.00.
OGDEN.
OGDEN, Jan. 28.—(Federal-State Market News Service.)—Hogs—Receipts, 1708; 340 head weighed off cars to local packers at $6.85; 854 head in transit to San Francisco and Los Angeles packers; market, early sales steady; two loads choice desirable weight butchers to shippers early at $7.25; most packing hogs, $6.25; medium and heavy weight butchers, medium to choice 200 pounds and up, $5.50@6.75; light-weight butchers, medium to choice 160 to 200 pounds, $6.25@7.25; packing hogs, 275 pounds and up, $5.00@6.25; feeder and stocker pigs, $4.00@5.00.
Cattle—Receipts, 562; market slow; steers and she stock, steady; beef bulls, 25c higher; other classes, unchanged; two loads medium steers late Saturday, $8.00; part load at $8.25; bulk steers early, $5.50@7.50; no good cows or heifers sold early; bulk she stock early, $3.50@5.00; canners, largely $1.75@2.00; load cutter cows, $2.75; beef bulls, largely $3.50@4.00; few at $4.25; steers, good, $8.00@8.60; medium, $5.75@8.00; common, $4.00@5.75; heifers, good, $5.25@6.00; common and medium, $3.00@5.25; cows, good, $5.00@6.00; common and medium, $3.00@5.00; canners and cutters, $1.50@3.00; bulls, good, $3.00@4.25; bologna, $2.00@3.00; calves, 190 pounds and down, $6.00@7.50; 190 pounds and up, $3.50@6.25; feeder and stocker steers, 750 pounds and up, $5.00@7.00; 750 pounds and down, $3.50@6.00; feeder and stocker cows and heifers, $2.75@4.00.
Sheep—Receipts, 797; market looks steady; no early sales; lambs, light and handyweight, medium to prime, $10.00@11.25; all weights, culls and common, $7.50@10.00; wethers, yearlings and aged, $6.00@7.00; fat ewes, $3.50@5.00.
LOS ANGELES.
Special to The Tribune.
LOS ANGELES, Jan. 28.—Cattle—Receipts, 700; active, steady; two loads fed Texas steers, $8.25@8.50; bulk slaughter cows and heifers, $4.50@5.50; canners and cutters, $2.25@3.75; bologna bulls, $3.50@4.25; beef bulls, mostly $4.75; few up to $5.00.
Calves—Receipts, 500; steady; good light calves around $8.00.
Hogs—Receipts, 1600; no early sales bidding steady, $8.00@8.25; medium and light butchers asking $8.25@8.50; few packing sows, $6.50.
Sheep—Receipts, 600; lambs, strong, $5.45; fed California lambs, average 81 pounds, $12.60.
CHICAGO.
CHICAGO, Jan. 28.—(United States Department of agriculture.)—Cattle—Receipts, 13,000; better grades beef steers and yearlings closing 25c to 40c higher; spots more; kind of value to sell at $9.00 and below strong to 25c up; clearance good; killing quality generally plain; top matured steers, $10.85, weight 1422 pounds; liberal proportion of fat steers selling at $9.00 and above went on shipping account; yearlings comparatively scarce; top, $10.15; part load choice yearling heifers, $10.25; bulk fed steers and yearlings, $7.50@9.50; several loads downward to $7.00; fat she stock, unevenly higher, mostly 25c to 50c up; beef heifers showing most advance; bulls, 15c to 25c higher; weighty bolognas upward to $5.25 and above; veal calves, strong to higher; packers buying bulk at $11.00@11.75; outsiders selecting upward to $14.00.
Hogs—Receipts, 79,000; uneven; lightweights 10c to 15c lower; others mostly 15c to 20c lower; spots 25c off; bulk good and choice 230 to 325 pound butchers, $7.10; top, $7.15; better grades 160 to 225 pound average, mostly $6.90@7.05; bulk packing sows, $6.30@6.50; killing pigs, 25c lower; bulk strongweights, $5.00@5.50; estimated holdover, 13,000.
Sheep—Receipts, 21,000; fat lambs, strong to 25c higher; best grades mostly 15c to 20c higher; sheep and feeding lambs, strong to 25c higher; bulk good and choice fat wooled lambs, $13.65@14.10; top, $14.25; choice fat ewes, $8.50; heavies, mostly $7.50@8.00; bulk feeding lambs, $13.00@13.35; top, $13.50.
KANSAS CITY.
KANSAS CITY, Mo., Jan. 28.—(United States Department of Agriculture.)—Cattle—Receipts, 11,000; calves, 3000; all classes killing steers, strong to 15c higher; spots up more; quality plain; best handyweights, $9.35; strong feds, $7.65@8.50; better grades beef cows, steady to strong; other classes she stock, steady; beef cows, $4.00@5.50; canners and cutters, $2.50@3.50; bulls, weak to 25c lower; bolognas, $4.25@4.75; calves, steady; best vealers, $11.00; desirable stockers and feeders, steady to strong; others, steady; most early, $6.50@7.60.
Hogs—Receipts, 15,000; lotte doing; few lights and butchers to shippers, 10c to 15c lower; top, $7.00; bulk of sales, $6.60@6.90; light lights, 25c lower; packers bidding $6.90, 20c to 25c lower; few 185 to 250 pound averages, $6.75@7.00; 130 to 150 pound averages, $5.85@6.15; packing sows, mostly $6.25@6.35; stock pigs, unevenly lower; most sales 25c off; bulk, $4.50@5.00; few up to $5.40.
Sheep—Receipts, 7000; killing classes generally 15c to 25c higher; top lambs, $13.45; other fed lots, mostly $12.85@13.40; 107-pound ewes, $8.35.
OMAHA.
OMAHA, Neb., Jan. 28.—(United States Department of Agriculture.)—Hogs—Receipts, 15,000; market slow, 15c to 20c lower; early sales to shippers and yard traders, 15 to 25c lower; bulk 220 to 300 pound butchers, $6.70@6.80; top, $6.85; 180 to 210 pound weights, $6.40@6.65; packing sows, $6.25@6.35; packer bids mostly lower; average cost Saturday, $6.79; weight, 236 pounds.
Cattle—Receipts, 8500; moderately active; killing quality very plain; fed steers and yearlings, 10c to 15c higher; spots up more; bulk early sales, $7.50@8.75; best steers, $9.25; yearlings, $9.50; fed she stock, 10c to 15c higher; canners and cutters and vealers, steady; bulls, steady to weak; stockers and feeders, strong; bulk butcher cows and heifers, $4.00@6.50; canners and cutters, $2.25@3.50; bologna bulls, $4.00@4.50; vealers to packers, $9.50@10.00; bulk stockers and feeders, $6.25@7.00.
Sheep—Receipts, 5500; market active; closed 25c to 40c higher; bulk fat lambs, $12.25@13.50; top, $13.60; good 115-pound ewes, $8.00; no feeding lambs.
DENVER.
DENVER, Colo., Jan. 28.—Cattle—Receipts, 500; market steady to 25c higher; beef steers, $7.00@9.00; cows and heifers, $5.00@7.60; calves, $5.00@10.50; stockers and feeders, $5.00@7.75.
Hogs—Receipts, 1400; market 10c to 15c lower; top, $6.95; bulk, $6.65@6.85.
Sheep—Receipts, 9000; market strong to 25c higher; lambs, $12.00@13.00; feeder lambs, $12.00@13.15; ewes, $5.00@7.60.
BOND MARKET.
Total bond sales (par value), $13,808,000.
Ten first grade rails averaged 96.95; net loss, .15.
Ten secondary rails averaged 84.56; net gain, .03.
Ten public utilities averaged 87.00; net loss, .18.
Ten industrials averaged 94.43; net loss, .10.
Combined average, 88.23; net loss, .10.
Combined average month ago, 86.59; year ago, 88.11.
NEW YORK, Jan. 28.—Oversubscribing of the Southwestern Bell Telephone $50,000,000 issue of 5 per cent bonds, offered at 93 1-2, and active buying which sent the price up a full point higher in trading on the stock exchange featured today's bond market. It was reported that the offering was about five times oversubscribed and that allotments would be on a 20 per cent basis.
The reception accorded the bonds imparted a strong tone in other Bell Telephone issues, although the public utility group as a whole lost ground, short-term and convertible liens attracting the best demand.
Price movements generally were irregular, with weakness in the Liberty bond list and fractional gains in the low priced railroad issues. Seaboard 6s, Frisco adjustments, St. Louis & Southwestern consolidated 4s and Erie D 4s reached new high levels for the year. Profit-taking was directed against some of the copper and sugar issues which scored sharp advances last week.
Sinclair Consolidated Oil issues, hit by another wave of speculative selling as court action to cancel the Teapot Dome lease appeared likely, lost from 1 to 2 points, and Virginia-Carolina Chemical 7 1-2s again were weak.
New financing, it was reported in bond circles, would be speeded up by the ready absorption of the Southwestern Bell Telephone issue. The only issue, however, which appeared ready for offering was the St. Louis & Southwestern $1,500,000 two-year 5 1-2 equipments.
WYOMING BANK CLOSES.
CASPER, Wyo., Jan. 28.—The First National bank of Lusk, Wyo., closed its doors Saturday morning, depleted reserves being given as the reason for the action. This is the third bank to close in Lusk in the last three years, leaving Lusk and all Niobrara county without a banking institution that is operating.
CURB MARKET.
NEW YORK, Jan. 28.—Stock prices developed considerable irregularity in today's curb market, with losses exceeding gains at the close. Ford Motors of Canada jumped 23 points to 462 on a few odd-lot sales.
Oils started upward on the announcement of higher prices for gasoline in the east, but heavy profit-taking checked the advance and caused sharp reactions in a number of shares. Prairie Oil and Gas dropped 3 1-2 points, Standard Oil of Nebraska 3, and Ohio Oil, Solar Refining, South Pennsylvania Oil and Standard Oil of Ohio 1 to 2. Pipe Line shares were strong, Buckeye, Cumberland, Northern and New York Transit closing 2 to 4 points higher.
New Mexico Land touched another new top at 8. Dubilier Radio touched a new top at 16 7-8, but was unable to sustain its gain, yielding in sympathy with the heaviness of the Radio Corporation issues, selling of which was based on the complaint filed against that and other companies by the federal trade commission.
