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Show THE SALT LAKE TIMES FRIDAY, OCTOBER 8, 1971 Zane Grey Feature In Kanab Museum Utah Power and Light Applies For First Rate Increase in 8 Years Utah Power & Light officers Friday testified to the Public Service Commission of Utah that an increase in electric service rates is essential, and urged that it be placed in effect as soon as possible. This is the company's first request for an increase in 8 years. The sworn testimony was presented to the PSC. The testimony of E. Allen Hunter, UP&L president, outlines severe inflationary pressures and soaring high interest rates on securities which he says, makes the rate increase imperative in order for the company to continue to provide satisfactory service to its some 254,-00- 0 customers in Utah. The company is asking an increase which would apply to all classes of customers and average 12.5 per cent. The maximum increase to any one class or customer would be 13.6 per cent. The increase, if granted, would amount to additional revenue of $8,841,000 annually. Utah Power & Light has also applied to regulatory commissions in Idaho and Wyoming asking for rate increases, and initial hearings on the proposed rate increases have been held in both states. In Idaho, the increase would apply to all classes of customers averaging 13.5 per cent with a maximum increase to any one class of customer of 15.9 percent. In Wyoming, the increase will apply to all classes of customers averaging 14.6 per cent with a maximum increase to any one class of customer of 16.3 percent. We have conscientiously attempted to exercise all possible cost control measures, in every area where costs are subject to company controls. Without an increase in rates, the company, within two years, would be unable to secure money from customary sources or at reasonable costs to finance the expanded electric facilities necessary to the operation of its business. Inflationary pressures, higher money costs and other increased costs required to make the companys facilities compatible with m the environment have made rate increase mandatory. A prominnt niche in the projected Winning of the West Mua Citing increasing costs of materials, supplies, labor and cost of money since 1962 when the utility last applied for a rate increase The Consumers Price Index has risen 30.7 per cent; Construction Cost Index for transmission plant cost increased 48.2 per cent. Increases in the cost of annual wages negotiated with company union employees have gone up 47 per cent; Cost of long term bond interest had doubled. Speaking of construction costs the average contract construction n labor rate for the utilitys No. 1 unit in 1963 was $4.89 per hour while the average contract construction labor rate for Naughton No. 3 unit (which will be in service this fall) is currently $8.04 per hour an increase of 64 per cent. Utah Power & Light has spent some $227 million in the last 8 years (55 per cent more than the preceding 8 years), and increased its generating capacity during the time nearly 445,000 kilowatts, an increase of over 50 per cent. The utility expects to spend an estimated $274 million for the five year period 1971-7- 5. Mr. Hunters testimony to the Commission states that the rate increase is neded promptly to avoid impairing the utilitys financial stability and to avoid putting its bond rating in jeopardy. The utilitys application points out that about one half of the additional revenue would be paid out in increased state and federal income taxes, leaving the remainder to meet higher costs and to maintain the integrity of its invested capital. Nau-ghto- High School Graduates Get Book Information Of Higher School Cost Twenty five thousand high school seniors will get a chance marrow to preview many of Utahs col- successful bone transplant to correct an immunologic deficiency, performed by a March of Dimes medical research guarantee, has given a two year old boy a new lease on A life. BACKGROUND seum at Kanab will be reserved for Zane Grey, noted author of stories about the Old West and a major contributor to western American culture. The plan to provide special recognition to Grey in the museum was announced this week by the two owner developers, Kelvert Button and Roily Harper. Grey will be assigned a prominent position in the exhibit hall along with the vast collection of western pariphenalia, artifacts, and materials used in filming numerous TV and motion picture westerns in the Kanab area. According to historians, Zane Grey was a frequent visitor to Kanab and Southern Utah during the zenith of his career and as a world famous writer. It is believed that these visits inspired him while he was writing The Last of the Plainsmen and the Riders of the Purple Sage both highly successful novels with a western setting that is familiar to residents of southern Utah. Many of Greys famous stories later were adapted to both motion pictures and television with actual filming of the scenes he described being made on location near Kanab. Meanwhile, the museum owners and developers continue to map future plans for the western exhibition hall. Harper also emphasized that the true measure of success for a general merchandise store is the growth in patrons that occurs when the satisfied customer returns for repeat purchases and either bring new friends or recommends the establishment to his friends and neighbors. leges and universities this week via an informative brochure being distributed by 13 institutions. The brochure is the product of a cooperative effort between of Utahs colleges and State Board of Education. According to Lynn Jensen, educational specialist in charge of coordinating the project, the booklets purpose is to aid high school seniors with their career decisions. Contained in the 13 pages of the booklet are statistics, fees, and entrance requirements for 13 of Utahs business, technical, and baccalaureate colleges. Also included are listings of the various areas of study available for prospective students. Further categories supply students with social and religious information. Following the handout of the booklet, state board, college and university representatives will conduct seminars for each of Utahs high schools. As the seminar, students will be able to meet with the representatives from three colleges of their choice. 13 ; ONBUSI- f- TOYS RANK TOPS AMONG INDUSTRIAL ISSUES Everybody knows that toys are for kids and Christmas is bonanza time for both. Whats nice for investors to know, even with Christmas out of mind, is that the toy industry has been enjoying exceptional market gains since the close of last December. Selection & Opinion of Value Line, a major investment research and advisory service, puts it this way: The price performance of toy and school supply issues climbed 40 percent while advances for indus sions of this rapidly expanding trial stocks collectively aver- - industry look justifiably to aged 10 percent. In 1 9 70, brighter than ever thanks post-scorof that crop the toys recession, bumper despite excellently; total sales World War II babies! They have rose almost 11 percent over been coming of age and boost-196The 1969 gain had been ing the marriage rate year by 12 percent, and the year pre- - year since 1968, says Value vious, a whopping 17 percent. line. They are providing the same period of time, spring of their own. e By given the Value Line notes, the toy busi- number a of predictable family ness passed the $2 billion year mark and continued right formations and regardless of an on outpacing the industrial apparent trend toward fewer the pop-197family average for probable gains in children per under-five young-prospeof ulation the Keeping abreast of will' sters be 13 have now makers likely quite toy than was in it kinds percent larger some 140,000 separate - 1970. Obviously, Value Line reand dolls of. games, toys, g items on the concludes, mounting toy lated market and, according to trade demands will go hand in hand sources, an annual incremental with this significant increase in customers for toys. increase of about 5,000. ed 9. off-Ov- er mid-decad- 1. Get the razor that getsihe Nubs Page Five Draft Environmental Statement Issued on Generating Station A draft environmental state- ment and blend with natural surment on the Huntington Canyon roundings. Generating Station and transmis(5) Dust will be controlled by sion line has been sent to inter- a covered live storage coal pile, ested agencies, conservation or- by closed conveyors and by the ganizations and individuals for comments, according to David L. Crandall, Regional Director of the Bureau of Reclamation. The Bureau is actinf as lead agency among a group of federal agencies concerned with use of natural resources by the Huntington development. Other agencies participating in the preparation of the Environmental Statement were the Bureau of Land Management, the Bureau of Sport Fisheries and Wildlife, the U.S. Forest Service and the Federal Highway Administration. The Huntington Canyon Generating Station, now under construction by Utah Power & Light Company, is located about 29 miles southwest of Price, Utah. The first 430 megawatt unit is scheduled to go on the line in 1974. It may ultimately have a capacity of 2,000 megawatts. Power from the new plant will be transmitted over a new line from a point near Camp Williams to the Four Corners area to serve the companys expanding electrical load in the area. This line has already been built and energized. The draft Environmental Statement lists the following effects in connection with the Hunting-to- n Canyon facility: (1) Operations of the first 430 mwk. unit will discharge 0.9 ton to 1.4 tons of fly ash and 33 to 45 tons of sulphur dioxde per day. However, the state of Utah and federal air qualty standards will not have been exceeded. The company is committed to continue compliance with federal and state air quality standards as additional units are added. (2) An estimated 80,000 tons of ash will be produced annually for a 430 mw. unit. The ash will be covered with earth and a vegetative cover established. (3) Noise of the plant will be held to a minimum using the best technology possible. (4) The aesthetic impact has been considered in design of all facilities so that they comple water sprays. (6) Ambient concentrations of radionuclide release from coal burning will be only a fraction of U.S. Public Health standards for air. (7) Since the company will take water from the Huntington Creek for cooling purposes, a stretch of stream fishing below the plant will be damaged, but the fishing in about 19 miles of Huntington Creek between the reservoir and the plant will be improved by better regulation of stream flow. (8) Possible cumulative effects from smokestack discharges of various thermal power plants on the Colorado Plateau were studied by consulting specialists under contract to several power companies. (9) Coal for use at the plant will be mined by underground methods and transported by covered conveyor 2.5 miles to the plant. The 430 mw. unit will burn about one million tons of coal annually. (10) The plant will boost the economy in Emery and Carbon Counties by providing employment for a large number of men at the plant and coal mine. Comments on the draft Environmental Statement are requested within 30 days of receipt by reviewing agencies and public groups. After comments on the draft Environmental Statement have been received, the statement will be revised where appropriate and forwarded through government channels to the Council on Environmetal Quality for its review. 2-m- The average American in 1970 must work 2 hours and 43 minutes of each 8 hour work day to pay his federal, state and local taxes. This is nine minutes more than last year. Mr. Average American this year can earn his groceries and cigarettes in 59 minutes per day, his housing in 57 minutes. A properly drawn will can save your family money! Thats why it is so imperative that you see YOUR ATTORNEY now to take advantage of all deductions that current Federal and State laws permit. Remember, too, First Security Bank is qualified to act as Executor of your estate. Trust Department ct LJLLfcxr ORRIOJiny play-learnin- Techmatic by Gillette. ile First Security Bank of Utah. N.A. |