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Show Page ten The National Enterprise , September 1, 1976 U.S. Should Honor Capital "Capital Day is an idea station KSMA, Santa Maria, whose time has come, main- - Calif. For 27 years Maguire finL. tains Albert has advocated that Capital Maguire, ancial commentator on radio Day be celebrated on the ao O O O o o O 1 O o NOT INTERESTED? Okay, but better keep this ad handy in a few short months you O o (j) may wish that you had been taking Q --i AGN. Join those in the know. Learn That s -- O O Q O O 2 J 5 O a about gold stocks. . exploration. o mining legislation, gold in economy. and read expert writers and comments. Newspaper: Since 1933 s?- FREE Your Choice of Two Popular Books 2O Subscription Money refunded if not delighted d Gold-Gol- d was -- Gold ddh bracMaaidl off gjaurlbaag. For 15 business is continuously attacked by educators, intellectuals, and bureaucrats so long as it is harassed by government on said. lone. CA. 95640 Gold-Gol- "So long as American even attacked, by organized labor, it is doubtful whether our economic system will survive over the long term, he AMERICAN GOLD NEWS P.0. BOX 457, DEPT. NE a - and open unappreciation, $6Per Year Issued Monthly TTlhins It is accumulated capital, after all, which provides the money to create plant and equipment, to produce jobs, and to provide the basis for government taxation, as- well as union assessments, he says. Maguire believes business should become less apologetic than it is today and should become far more active in the fields of education and public over-regulati- Gold! The Ultimate Hedge or "Gold Panning for Profit" sent with Gold-Gol- d Day. advocacy. A Leading Gold 5? Saturday before Labor Day. "The American people, perhaps due to an increasing sophistication in economic matters, are ready, Maguire asserts, "to recognize a day set aside in honor of business a day entrepreneurship complementary to Labor year, the Clear Air Solid Waste Disposal System has been reducing garbage volume by 90, converting it to a valuable energy resource, and doing it more efficiently than any other system on the market today. x Like over regulation, in any other industry, the client ultimately pays for the "legalese confounding the securities industry, according to Bob Davies, president of American Investment Institute. Whether the mounting rules and regulations are necessary or not, Davies said the small broker dealer is especially ill equipped to handle them and must pass on his increased costs of compliance to his customer. Davies has founded the American Investment Institute, an organization designed to teach the broker dealer how to deal with SEC and NASD regulations. Until recently his been never be a shortage of garbage, only a shortage of space to put it. As this problem becomes increasingly acute. Clear Air, Inc. will continue to pioneer the most efficient systems of solid waste disposal and materials recovery recycling with energy generation in the bargain. EPA standards? We exceed them all. Clear Air. Inc. .'..meeting the needs of the future. Iesiff (ftiir, HfiG. V: P.O. Bm 111 a a 0(da. S7C(Ah. N.V. IUK V Utah S4402 V F.O. InH the most part, they are very significant. Wells being drilled in Summit County if successful, could easily cause a fluty of drilling activity in this part of Utah. A deep scheduled test on the outskirts of Coalville, is some 12 to 15 miles west of the Pin view oil field. The Coalville area wildcat is scheduled to at least 16,500 feet and is being drilled without release of any information. In Pineview field, three wells are drilling and in the northeastern area of Summit County, the deepest wrell drilled in the State is at a depth of 21,786 feet. is Near Moroni, the Hanson Oil Company's No. drilling at a depth of 6,800 feet. It is scheduled to at least 20,000 feet. In Duchesne County, the Altamont field production is holding steady at just over 592,000 barrels of oil monthly while the Bluebell field is at 784,000 barrels per month. Some 265 wells are on production. The Greater Aneth field, Sant Jaun County, is producing 670,000 barrels monthly from 430 wells and Uintah Countys Red Wash field is at 184,000 barrels per month. Production, recently increased to slightly more than 30,000 barrels per month, is the result of a fourth producer established at Pineview field. According to the latest monthly production report (May, 1976) the Division of Oil, Gas and Mining says that Utah production is averaging just over 2,887,500 barrels per months. 1-- time was spent in consultation with brokers primarily in the northwest but last month the American Investment Institute expanded operations to Los Angeles with a full time man staffing that office. Davies will soon visit the Intermountain region where he is looking for qualified people to offer consultation services there. Members of the American Investment Institute are entitled to Davies undivided attention day or night. Right now, he said, he is revamping the Institutes fee schedule to make it apply on a more equitable basis. "I may not hear from a member more than once every two months and again, I may hear from Murphy Elects E. L. Murphy III and Beryl Shroyer have will Active drill rigs working in Utah dropped to 10 last week a low for the year in the state according to Carlton Stowe, minerals specialist, Utah Geological & Mineral Survey. The figure compares with 27 active drill rigs working at this time a year ago. But of the 10 rigs drilling wells in Utah currently, all are being closely watched by the oil and gas industry since, for A Institute Helps Brokers Cope With Regulation ST. PAUL There UTAH DRILLING SLOWS.... FIELD PRODUCTION STEADY elected to additional officer positions and William P. Van Pelt and Edward Said have been elected new officers of Murphy Motor Freight Lines, Inc. (OTC 5.50, 6.25). E. L. Murphy III, 34, was elected vice president of sales and marketing. He formerly was a regional manager and will continue to serve as assistant secretary and a director of the company. Van Pelt, 37, manager of transportation and management information services, was elected vice president of Through the American Investment Institute, Davies helps ' the broker interpret various rules and regulations that are issued regularly from the Securities Exchange Commission and the National Association of Securities Dealers. "I can tell him what they mean and how he can best -- economically comply with them, he said. "When a broker is probably taking out his own garbage, answering phones and locking up at night, he has little time to spend pouring over the legal jargon from the SEC trying to figure out how he can comply with new rules. I will help him make some sense of them, Davies said. Record operations. Shroyer, another every week. 40, presently treasurer and controller, was Revenues elected to the additional post of vice president of administration. Said, 42, was promoted to vice president-East-earea. He was a regional DENVER, Colo. Pattoi Oil manager. Company reported recon Murphy, Van Pelt and earnings and revenues fo Shroyer are located at fiscal 1976 ended March 31 Murphys St. Paul headquar- 1976. ters. Said is based at the Consolidated revenues for the year increased 56 t( companys Detroit branch. Motor Murphy Freight $1,506,680, from $964,898 ir Lines, Inc., operates over i75. Consolidated earnings 8,533 regular route miles in 12 for the same period more thar states extending from the doubled from $197,454 ir Dakotas to New' York and 1975, to $412,884 in 1976. serving 1,316 communities. Continued on page twelve at Patton m |