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Show The National Enterprise, May 4, 1977 Page two Work resumes BLM names lease nominators at Syro Steel talks have resulted in a work agreement between 105 United Steel Workers and Syro Steel Co., Centerville, Utah. About 100 of the workers, on strike since April 8, returned to work Monday morning after resolving wage disagreements late last week before federal mediator Thomas Curdie. Union representatives earlier Labor-manageme- nt refused to accept a wage package offered by Syro that would give workers a 42 cent per hour raise the first year, a 39 cent raise the second year and a 40 cent raise the third. Syro Steel manager Gerard Koontz said workers rejected the wage package because it contained a cost of living ceiling while the expired contract placed no limit on cost of living raises. The new wage package contains a corresponding raise for every .4 move of the cost of living index. A second affecting labor stoppage was the medical-hospital insurance package offered by management. The accepted agreement requires that workers pay $5 per pay period (twice monthly) for dependents covered by a new health care policy. Syro was bearing the full insurance cost, Koontz said, but the new policy is considerably better and more extensive in coverage, he claimed. The new policy also increases coverage for dependents. m hang-u- p Syro has remained open for business throughout the costly strike. About 35 salaried personnel have manned the plant since the three weeks ago. PHRANQUE'S GALLERV'of FINE ART !M4 EAST 7th SOUTH. SALT LAKE Cm. UTAH walk-ou- t The Utah office of the Bureau of Land Management has released its list of companies seeking to develop Utah coal property. Most of the 26 firms requesting federal preference coal leases are private companies or private individuals but two public companies have also filed for federal preference coal leases. Energy Reserves Group, Denver, Colo, and Coastal States Energy Co., Houston, Texas, have filed for leases. Interior Secretary Cecil Andrus decided the list of nominators should be made public as part of President Carters energy program stressing coal development. Thus far, Mountain States Resources is the only company in the U.S. to receive federal coal leases since the coal moratorium was imposed in 1973. The list of coal nominators is available to the public at the BLM office, University Club Building, Salt Utah. Proposed mines include seven mines west of Price, two mines near St. George, two mines south of Emery, three mines northeast of Price and three mines in the Kaiparowits Plateau area. All proposed mining sites are on federal land and will require USGS approval and two USGS environmental impact statements on coal mining in the state. The agency has tentatively set February, 1978 as the completion date for the impact statements, with final versions scheduled for completion by July, 1978. Lake City. Another 13 coal lease applicants filed for preference leases earlier but have not resubmitted their application since the Interior changed filing requirements in June, 1976. A task force headed by the U.S. Geological Survey claims about 17 coal mines have been proposed for development on federal land in Utah is said to have approximately 23 billion known tons of coal, most of which lies along the Wasatch Plateau in Carbon, Emery and Sevier Counties. Most of the coal nominators, public and private, have filed for leases in that area, according to the BLM. Bid for American S&L complete A tender offer by Daniel K. Ludwig to buy the outstanding shares of American Savings and Loan expired Wednesday after a 30 day extention. Ludwig, acclaimed the richest man in the world, is said to hold approximately 94 percent of Americans 2.16 million shares outstanding. Ludwigs offer of $15.50 per share comes on the heels of a merger of American and Pacific Savings and Loan Associa tion of Honolulu, Hawaii. The merger has been approved by the Federal Home Loan Bank, the Securities and Exchange Commission and the State Securities Commis- sions of Utah and Hawaii. American will purchase the equity of Pacifics $60 million assets, bringing the assets of American to $575 million. Pacific has seven offices in Hawaii, six of which are in Honolulu. American has 23 offices in the Islands. About 57 percent of Americans assets are in Hawaii where the firm has grandfather operating authority and 43 percent in Utah, the state of its founding. Pacific is owned by Salt Lakers Gill Shelton, president of Tracy Collins Bank and Trust, and Dalstrom. attorney John |