OCR Text |
Show Thursday, August 20, 19S9 THE VALLEY VIEW NEWS Page 7 How does this affect you? Strike against Kennecott is costing Utahns $2,367,000 every week Everyone loses in a strike . . . individuals and companies suffer . . . family income stops . . . merchants lose business . . . county and state governments lose tax revenues . . . how will this needless and senseless strike against Kennecott affect YOU? The table below shows weekly expenditures by Kennecott before the strike began, and also weekly expenditures now that the strike is on. This Every week before the strike, Kennecott paid out $2,610,086. went for payrolls, machinery, supplies, freight, insurance, taxes and other items. NOW, every week, the amount spent is $242,779. Thats a difference of $2,367,307 every week. Thats what the strike called by Union officials is costing YOU, the people of Utah. ECONOMIC IMPACT OF STRIKE Kennecotts Utah Operations Before Strike During Strike Every Week Every Week Total Loss $146,622 43,345 42,735 $ 662,648 Salaries and wages $ 809,270 86,110 Employee insurances, pensions, etc. Federal income and state taxes - - -806,925 New and improved production facilities 366,800 Natural gas 72,331 15,417 36,678 14,614 20,241 11,786 7,181 9,980 7,236 6,023 20,346 17,154 117,857 7,440 52,800 123,897 $2,610,086 Blasting powder Railroad supplies Electrical supplies Shovel, dozer and crane parts - - Brick, cement, etc. Lubricants Iron and steel bar, sheet, etc. - - - Conveyor belting Pipe and fittings Reagents Roll mill parts - - Freight on products shipped out - - -Commissions to sales agents - - - - Treatment at other plants Other .supplies and services Totals - - - - 9,615 $242,779 Supervisory and staff personnel remain on payroll during strike. T Weekly 42,765 764,190 366,800 71,869 15,417 36,678 14,614 20,241 11,786 7,181 9,980 7,236 6,023 20,346 17,154 117,857 7,440 52,800 114,282 $2,367,307 |