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Show 4 lir Tiledc) Liiae , A zElo)urnds . r Deserft News Ste Writer fl MILFORD Copper production at the Toledo Mining Co. mine west of here has increased to 750 tons a day, tind officials are optimistic about entering the second phase of a eevelopment program which could ultimately result in 1,000 new jobs. , 1 T1 ..,,,,,,::-,- ,. i 4 , - - .) ,,, '....4. I. ,..4, r-- 4,...,0' 14.1 1. liztt.. ...,4 0, ., te, -- 7 ' '. ' '! 44. .' -- le ...,.,,...............o .,,..e: k f rit1 :... - Vitiors .. 4. , ,,, r 1 44 T. 7. I ..; 11 ie' 5,.- .-, '.. 1: , Nir , d ,..,. I il - f ...4.6.011.e.- - ,im,,,,,, Toledo mine manager, Ralph Kleine, shows Gov. Calvin L. Rampton a handful of mine's copper. . I .. 6 N 1 ,, lik t I) WASHINGTON l' lib N Atl&ntic-Richfiel- . II , 11 ,,,, 4 o . .4 tr, 1 4 4 . q , 4 , - ,c,, II .,,, ' ' , ,., y'r -, t .4,,,,,,,,,,,,,,,,,,,- q, 1 -- 4, , '4', .;4 i',,4'',',:7.1' :,:e: , ,- -, - ?.. ... ,,,,,,,:,,,,,,.., - -: - , , , , 4 I I 1'4 ,,,,..,-...- ..--- -- -----"--- N., 1i - eN"Nif A ",-.- , ,.., , , ,,, .. 04 0 ,., ,,.. , --. ' , 0 so- . .r ',,,:, - , , ,. 102 0112120s ti,,, BUM 1, s is bilk pi Arlts t V mein illirl . WILL BE ON DISPLAY JULY 31ST TIIIIII , CPCLIS:3 DY1 ,1 - ,, ', Tritill:'17.211.3 .... 'z ., , i. ......4 ....,:: , ,,:., ' -, , , , , , 'T , ' , r KIT AVIATIOR I , , 2 t 4 1 i . 4..... ' ':.. 3 - 001 YEARS OF LSE, 1)11 - 143 feels Includes prelimiaary emend instreition her flyins lessens per ewe Fergana! pilaf le: beeit' - mg f r 100 I , 1,,,,,.......,,,--,..A- . , 1:1 . . , I , Brall LI , to . o.P .P 7.11111 4. :$, . NEW ISSUI 300,003 Shores Common Stock Serving the West.:. )1 the Western way , ,Ak 0,g,, el . ,- a a .,..1,,.,,,, Sh" TIIP ,, , If O., ltttt,...; 4 may be obtained hem: , - ' ' ' ' ' Z 1 tv,r. 147 1145 402 348 584 214 Provo, Utah 114601 Phenol 3752373 Otkot offices In Phsin Phone 11 tempo 1,-t, -- , La -- 467-67-21 mr on 233' sp111,i, of-fl- purpose. 94,0, on $to 475 Metropolitan Life Bldg. at 4609 S. State will be availeble ft. ill ON are Aug. 1. 5,000 floor. Air conditioned eAd ample parking. Open for Inspection. Wool for general W JLAZ 147 - s. 1 41. Welder- OFFICE BLDG. 68 S. Main Solt Inks City, We It Pitons: 3644103 co. so, in 3' VIIV ',twat well 7801 PRESTIGE CARTWRIGHT it PEARCE 49 North University - K VA LTt mco.ano INCORPORATED -,-- ., 1....,.,,,,,, ..,:t. jtC.),11ICTOR to 714 , Maas cirtnier . ,343 3431 114712371 Pilot 599 655 tWest Ind Pine Ut 934 ;341 Whthl Pion Ell 543 593 W7i,Can Pion Fd 963 1052 Winlid Planned 11 941 Wiscon PRICE ROWE: Worth Gwth 19111911 Nw Ea 847 847 Z Stock nw Hor 1963 1903 . .t4c Fd .Dilgrm ,. .,, J $1.00 For 00.20 per value) The 4,- 44444,ao, Price . . . M lePnn This announcement is not an offer to WI w tho selkitatiee ol an Ohm to buy any of those securities. The offer is made only by Offering Circular and only in these States in which such offering can legally be mad. . Main S. 114rt" tre . )10, 6:84 . i ,1,1Av...., - . "MINUTIA . It - in Inc, ! .1 ;1 6I SALT LAIC( CITY I 4.1 Mutual Funds te S. Main St. 2790 ' J 311111111101111111M111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111: KEIncome Co . 424 , , : , VEIEE 44,.01,de) piled the statistics on clothing stores. , Nevada led the Mountak? West in the first six months with 10 new apparel stores. Utah had three and Idaho and Wyoming each had two. New York led the nation with 137, new stores. The number of retail Ipparel stores opened in the U.S. during the first six months of 1970 was 18 per cent less than the number opened in th first half of 1969. Credit Clearing House, the apparel services division of Dun and Bradstreet, has corn d, GEER LEAqiNr4 31st COURTESY , 4,416A il,' , JULY CRAD PRIZE Offering a full range of investment services, the Salt Lake office has a staff of 28. men trained in investments and insurance. Gra n ger, Bill Blackwell, and Gorem Klundervick, Salt Lake, have been named managers of the Seaboard Planning Corp. office in Salt Lake. E FIUDAY Come see this exciting display of Piper planes, and get in on the free drawing, . siSelect Twl0 Managers Wednesdays Quotations NEW YORK (UPI)Fo Medina Is a On of bid and asked orkses on fatAual Ponds as quoted by the NASD Inc. Bid Asked Asked Sid Asked Bid Bid Asked 112 122 IS1 A&B 374 409! PM Fti !cc 803 803 1.67 1.83 Aberdn -- --.., 135 146 Impact C&D 646 706 Providt )74 407 The defense budget for the ADMIRALTY: 791 967 I p I 772 864 Puritan 3.01 536 Comp As . Cap r, Gwth 551 579 633 IpUTNAM FUNDS: 3.46 3.79 'Comp Cp 6041 Imp Gr i 01 1 L4 131 Inc Calif , I,111j,i''' year has been slashed $6.9 bil6.33 6.94 606 662 Ins Equity 785 853 Ind Frld 490 1191 02 4.30 400 Comp Fd Gm Adv Fd ,11jYtti1qii 4 To i IA 362 396 Ind lion, and inflation has added Affil Trnd 1048 5371 Gwth 6.23 6.74 ,Comstk 838 94 Fd 954 954 Ind A m 1nC 350 5.60 5.60 Concrd 685 '149 AFuture $5.9 billion in fixed charges, Awlstate 925 950 Integon 697 753 Unv 8.80 9.46 Cons Inv 583 63I 628 t28 InvC Am 1076 1176 1R 0 8.93 9.76 ConMt In Tech 326 357 . Alpha mainly in pay and pensions to Al! 196 703 Inv Guid 775 775 ,0s evere 0.53 0.58 C9ntrail 856 936 Am 1270 1398 Inv 541 541 1Rintrt Ind 4.82 5.27 Corp Ld 1318 1330 the department's operating AMCAP x983 1063 Inv Bos 997 1090! Roe LM 213 3.071Cntry $18 .566 Am Bus .5M 619 INVEST GROG costs. 8.77 9.58 twn Dal 449 401 Am Div p: aim 496 542 1DSND Div 340 369 Schustr 3.93 Am Eat M 5209 5209 318 346 SCUDDER FtW IDSPr 41.37wn EXPRESS 851 Undoubtedly, Packard said AM 923 Mut Int Inv .... FUNDS; 1 1510 1641 Stock Spec . ,..... 6.54 7.15 GROUP: rough days are ahead for Cap 71 Bal Select 936 1161 ,... 1062 Dela 7.96 8.70 Inc Var NY 575 124 Corn .- -Decat -companies engaged primarily 7.54 8.24 pa woe Inv Inv V. -Res 408 446 SECURITY D Ita 574 477 7.08 in defense contracting. , Be Spec 1578 1627 Fd 165 1165 Isle Sk 7.)6 7.65 !Drexel 595 595 IFUNOS; 254 f'78 oils 5.7 5.54 'Dreyfus 9-4 1079 I. said the Defense Department Am Grth . 1717 1717 663 725 !Ohnstn LY 10- 1I99 4.57 4.57 Am Inv li Hanck 640 696 Liitra 537 587 has no alternative but to force Am Mut 7.40 8.09 Drfs IS& YSTONE; 803 869 Am 2.29 2.50 Nat contractors to do a better job Am 760 834 Sel Spc 1234 1149 1 Am Pac 6 El 1803 1882 'Sentinel 726 666 ANCHOR for the money, and he warned 82 17,70 1931 791 791 GROUP: p9 1Shamrk al kg1960 9791.' 7.12 6.50 must firms Fed Cap 689 753 they spec F contracting K1 751 68g 1247 Cyst 1247 , I 8.81 CM lock Fd 1116 1243 Cyst K2 405 443 1We Fd be prepared to take losses on Gwth 630 1,111 6.93 7.59 Eberst Inc 1075 1175 Cust SI 15391679 ,,,,, 1 'SIGMA FUNDS 7.99 Inv' Pod 77t lEgret , 1030 lin (Sot 'contracts if things go wrong. 52 . PO 961 661 : 722 , Cap 36.60 40.11 Energy Vent 1088 1088 53 Inv 925 1011 r 6.92 7.56 int 5.(!!! S4 V! Apol10 dK ' 517 756 V& i 'v Tcst 837 Asked if the Defense De- Asso RI 1.09 1.19 Equily iü 295 323 ,Smith Polaris B 777 777 3.82 54.17 Eat Astron Gr 2752 635 Knikr 597 54 Swutn Inv 730 289 partment could afford to let AXE Essex 1223 i 223 Knk Gth 6605 723 kw IrtvGi 478. 517!. , 1087 1188 Everst HOUGHTON: teen a safe. 678 741 iSovr in huge contractors such ias Fnd Al 4.59 4.99 F D C13 436 574 1L x Gth nos rily-,- :t . Lex Res 1247 1363 Spectra 558 612 780 852 North American Fed a 6.35 6.901Fairild Lockheed, 403 525155 F3rM , '68 model Liprty Fm Bur 822 822 Stk. Fnd 5.27 5.76 Rockwell or General Dynamst5452 heft ins Gth .1;6473 In S30 to S70 per mantis Call Line wil US 891 FUNDS: ics go broke, Packard said: 2 s,. Fund i 277 303 Am In Fd Ling 600 '667, Trnd ..1,909 20e6 Loomis "It doesn't follow that we 6529 525,1 Fidcy tango." depending on Barkuhr CD 5.33 FINANCIAL SAYLES: 266' Scl 292 Gr' to Blair F 5.40 5.50 PROGRAMS: have the responsibility Can lot 3212 3212 !STEIN DOE F1)5!' 445 wake end equipment. Idea) ' DYn Bnd Stk 345 778 5.13 5.61 860 860 Cap Dv BS I 1570 IVO keep them in business." He Bost St Ind 6.61 7.22 330 362 Mut ' : 659 -CaP CO. 9.851 Inc 497 544 tor Mom, son, daughter.. said that with excess capacity Bost FFtin 7.19 792 866 Stock Magna 1075 7875.1.. V nt 7.86 37t 415 mnnhtn d B,st 422 AO Sup Inv sse it)," ' Broad St 11.40 12.46 lot F Va 898 981 mass Fd existing in the defense induseld loodisun corn 777 1157."2 or whops you. Best 1st Inv Ds 638 BULLOCK 951 1039 Mass Gr 668 some fallout ,Syncro i30 st In G try, 666 738 Mass Tr expect FUNDS; 1234 1351 !TMR 933 MO . Ap 11.M 12.78 1st In S Buick 719 788 !mates choices now. Why not coil 107 37 Tchers 772 804 among both big and little Cdn 17.38 i7.80 IFst Multi 745 757 Imather ' 938 938 !Tcnic .,75 343 Div Sh 3.17 3.47 !Fst Net 612. tO9 IMeridn ' 143 1249 Tech Fd companies." 602 t56n!" today? 9.26 10.02 IFst Sierr Nat 3055 3361 Mid Am 458 501 !Tvolln 2312 2159' F1Inden S 1013 162:21: 163:142IFFIelettcchhrr 1079 AftRIGy 421 'Tower 460". ' : Bus MIF Gth 425 459 !Transm !!' 0175 621 CG Fund 7.31 452 PA wut)m Gr 422 499 Tray Ea 6 774 1941 6.60 370 406 meom Gr . Capamer I 955 Tudor . H in 1192 19,9' 7.461,Fnd 2.63 Inv 692 756 Mut Stws Cap 1192 1192 ,Oth CG 247 771 F 812 IS Cap Shrs 5.30 SE ,Foursa 178 178 20th CI Mut Tr 360 395 , Andersen 2000, Inc., is the Cent S.r 9.71 1.61 FRANKLIN NEA Mu t Me 793 963 CUSTODIAN: new company name for the CHANNINO 820 8451unitied Nat Ind 760 FUNDS: Gwth 509 55d Nat I nv 601 753 131 10.01 Salon 1094 Util 574 627 NAT SEC SER: former CMC Industries, 'UNITED Corn St 1.39 1.52 180 197 Inc 921 1007 Balan I corn announced in it 6.61 7.27, Freedm int( 699 766 403 m5061 Accu Bond -- 559 424 1.41 1.54 FdM9 dp 046 846, Divid Sped a0,' 1117 1279 Incom CHASE BOSTON: Fund Am 745 8161 Pt Stk . 587 6421 SC II PI 0110 5.25 5.74 Cap 436 '680 Incom Gatewy SALT LAIII CITY F nd Col. T. P. Roth, president Front B15os and chairman of the board, ST 222 290 Val Lm Gr 499 667 675 738 Apex Sped 'MINUTIA 0.. ea66f Nu cetn 350 3U! vol Inc , 40 41 announced the name change Chem Fd 1470 1607 Pal 'a' Vild 1077 New 559 tncw' COLONIAL 133 1125 St as well as a reorganization of FUNDS: Neast IT 1388 1389 Vandrblt , 530 Mtn Grth Ind 101 1608 ocean 584 510 Vangro - . 110 Cl 9, 312 341 Gaard 2057 2057 101 divisions and establishment of Eat Foci 'II 8I6 Varied In 399 i34 Col 912 997 hem Gr $70 $- 711 - 10 Foci 1167 Or 545 new priorities. Additionally, 473 517 'Harbor Gwth 38 675 1204 127510191m OneWm 1145 153 St Inc 904 9811,H&C Lv 00 040 135 1135 he announced that some 95 Vent wool mut tom Ikg, 373 408 NAG F718 609 609 ()Neil AIM an 954' Opp WELLINGTOD 0 992 992 899 905 637 696 GROUP; per cent of the company's re- Colum Com 810 ' Fd 15 Hedtga 172 ItUlOpptt 1OTC Sec 937 1616 407 442 Hubshn sources and efforts Explr, , 354 387 going CmS1F 6,97 no I 1227 tui Nos, COMMONWLTH ICM 635 t 96 'Pace pd Fin Rev 615 672' Morgan , Mt 662,,,i to its air pollution division. 'Paul ,., TRUST: SI Gr 353 6e3 4;P3nn Sp 696 696 'Only - , 1 292.1476 AS GRAI!D PMZES! You MAY 13E A WittiNEIZI railroad across western Australia's outback region. B. L. Perkins, M-pre- shareholders. 140C To FLITL.S. pint:Hutplas 02 ELLER; '10 WIN! Department civilian employes will be laid off and employment by Defense contractors probably will decline by one million, Packard, formerly head of Hewlett-PackarInc., told the business publication. phone: t--1 - YUJI:1ST with neadquarters will build 72 miles of pioneer Name Announced .:: -t- A Company, in Boise, Fewer Re tail Stores while 600,000, dent, said Tuesday the contract was awarded by Hamersley Iron Pty. Ltd., Melbourne. Joining the company in the venture will be Oman Construction Co., Nashville Tenn., and Mannix Ltd., Calgary, Alta, Canada. The (UPI) n ''' pet. JP" , ,,.....-.- , pmzEs ,.. '4,.,,, , ON BOISE Morrison-Knudse- " , ,,----, ,- le17: 6111101i) Pioneer Railroad "I .4 ' , , ..,., - 1 ' 411:4 ' ' ,, r.' 0 ' - ..,. , . . ' , , - - 1 - , ,, , , by Defense 100,000 1959 ' , i ''',' , 'Aii.....,.,,,,omloowt,,,,. I slashed of Utah State Favero joined and is sales representative for the cori sumer products division in the Salt Lake area. University, Uniroyal in Award National Scholarship Salesmanfor Outstanding ship." the company's top for sales accomplishment. I . 0 , Seir.2 . - . AVIATIO.s1 , '' . our perking lot at 5520 Van Winkle Expressway (Cttonwood Diaconal) d Edward has won Uniroyal's speciall A new drawhig every hour lat , Halaby, Najeeb president, said. "We have a loss of $19 million for the first half and that is a very substantial sum, and our only solace is 'that we have improved." Halaby attributed the improvement to "much more stringent budgeting, adhering very closely to a tight budgeting plan." Wins To p Award A graduate Fuer, Bountiful, "Annual 11" - - AuGusT 9Til is a nationally recognizett; autholity on public retirement plans and will work with public pension funds for Moody's Alliance Capital Corp., which has offices in New York, Boston, Chicago, San Francisco and Los Angeles. City vice a national capital corporation which has over $5 million under management. a s .. ArcipLarm 0 DaP3' .. . . A former Brigham man has been named f , PDDO 1970 PIPER TWIN COMANCHE Cilt '11t1117.1 , , DRAtuss , . , . 1 ' ... Named Vic e President i' - ,' A 4' 1 . . ,t : ,::..' t ,, - , Pan NEW YORK (AP) American World Airways, Inc., the world' s largest transatlantic airlines, today reported a net profit or $463,000 or one cent a share for the second quarter of 1970, compared with a net loss of $1.88 million or 5 cents a share for the same period last year. "I think it is fair to conclude that we're still in a struggle. a battle to achieve profitability, at a time when the economy us in difficulty," -- - -- I ,,,o ,..,7-- .,,t - I - HOU EXPRESSWAY , ..,..--..,,,- . VAN WINKLE ' 14. ostr;10 '........0.."'''''''"' , nth from the Washington lobbying office of the Amalgamated Clothing Workers Union of America to accept the Giant Ray L. Lillywhite, a graduof Utah State University, Profits Gain NEW YORK (UPI) Counting armed forces reductions, about 1.7 million defense jOU will go down the drain between now and next June 30, Deputy Defense Secretary David Packard said In an interview in Dun's magazine. The armed forces will be . & ---- , - . .,---iti 'Pe - .''-;-r ,,f - r. .,.0,;,.:,,, ''...... , OUR Food post. She served as assistant sec: retary of labor in the Kennedy and Johnson administrations, and as consumer adviser to President Johnson. As consumer adviser to the food company. Mrs. Peterson, to 63, will report directly Company Pres. Joseph R. Danzansky. She will head a corporate task force to imple- ment a consumer program in the corporation. ate .1 5520 SOUTH ...:,,:::- - ... 4 AT- ' ' ... ' .. ,,, , ' ''' . - EXCLUSIVELY , . asi:fet 4,,;,.,.. ,,,. , 4 Pnn American 13 Million Face Defense Job Loss li o 12-- . ,. . Bureau Mrs. Esther Peterson, a. Utah native who served here in two administrations, took a job this week as a consumer adviser to Giant Foods, a Washington-basa- l supermarket chain. Mrs. Peterson took a president-o- f troleum Co., for 1100 million. The f in al agreement r e q uires within three years to sell all of the former Sinclair brand-e- a retail gasoline marketing outlets (except those located .., , , Idaho, Utah, Wyoming, North Dakota, South Dakota, Nebraska Kansas, Iowa. Minnesota, Missouri, Oklahoma and Arkansas. Preliminary settlement of the suit was reached last March 3 when the merged company sold all of Sinclair's gasoline outlets in the northsoutheastern eastern and states to BP, the American subdidary of the British Pe- Illiik11111k1:1k . News Washington do, largest antitrust divestitures in recent years. It concludes a civil antitrust action of Jan. 16, 1969, which of the merger charged Atlanticachfield and Sinclair Oil Corp. violated antitrust . . . at Agricultural farm centers) bulk plants, terminals and related eugipment in Colora- (UPI) d . I Thursday, July 30, 1970 B laws. .. .4. ,St;g:ti4S;ii,e:6M;:;bk)03AWVS4:64.eM,nW:,0:4:,:?6Ki The Justice Department has filed a proposed settlement Atlantic-Richfiplrequiring Co. to sell within three years 2,500 former Sinclair Oil Corp. gasoline stations in the West and South. Attorney General John M. Mitchell announced the proposed consent judgment which would settle the government's antitrust suit against one of the largest oil company mergers in history. Mitchell said the value of the gas stations together with some 10.000 Sinclair stations previously sold to BP Oil Corp. represents one of the ,,,,11( IL Utahn Takes Consumer Job k Company To Sell 2,500 Gas Stations 416, 0 fr WASHINGTON 41114 pzsoscr:3213 11 V. C) . , ': ' M ,: Deseret Although "satisfied" with the improved daily production, Kleine said that Shields is experimenting to increase the yield to about 2,000 tons a day by June 1 as contracted in order to enter phase two of the development program. the first phase, During Shield is to pay Toledo a minimum of 8100,000 a year. If it elects to go into second phase an additional development, $150,000 a year would be paid to Toledo. toonEJD COLIVEY111 It 7r.' t ,,kt ,,:,,WAVA;;;$.;,C:,:5,,i,:&::.e.i;i4,..4 . , .. .. 4,4'7 ,,: 1 i ,14 57,t M.0 is doing exploratory work in the area and has an option in the second phase and third phases of the development. Shield now employs about 47 persons and will increase its payroll to 200 if it decides to enter a new phase within 18 months after it entered the joint agreement with Toledo. .wo,,,,, tTile mixed v.ith sulfuric acid; it then passes in a liquid state "thickener"- four through and then overflow tanks, through scrap iron. The cetnent copper Ls trucked to the Kennecott Smelter at McGill, under smelted Nev., and agreement with a New York firm. Moranda Mines Ltd., a major Canadian mining firm, . .. Using a mechanical-chemiorecovery system, Shield is now recovering 80 per cent of the copper, more than dratble what was being recovered with "ponding," according to Ralph Kleine, general manger. ore is ground down and , , ,, ,, ; Anthony G. Hatsis, president of the Salt Lake mining firm, showed off the mine to a group of visitors, inchiding Gov. Calvin L. Rampton, who also inspected a new building in Milford donated by AT&T to the local industrial promotion organization. Since last December, when Toledo and the Shield Development Co., Ltd., Toronto, announced a joint agreement - mile to develop the property, the Canadian-basefirm has poured $2 million into the development. 1 3 ,.., ...., , I ,fii .... . ,,,--1- 1 ,,,,,, ' By CURT BURNETT CORNER ON COMMERCE S. ' 1 c li t I t c fl ! |
