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Show Sunday. June 17, 'Profit is Not a Dirty Word1 froiih KKICIS' Claims Swedish Businessman PHASES 2 fOOD f RUMP r 3 lb. $1.51 lb. $1.30 $1.25 $1.53 ROAST (toix 5H doz. lb. TOMATOCS 56 78 50t 49 CI 70 tlPI Jem Average 30 INDUSTRIALS 47 loaf jlREAO 30 POTATOES 10IU. CHUCK 47 30 30 9H 92 91 99 Aua.n nov. 14 jam, n $1.18 171 H ,f7 AJNI'73 at the new "frozen level." Source of prices far items listed in Phase One, Two and Three was the U.S. Department of Labor's Bureau of Statistics. HOUSEWIVES pushing this weekend's grocery cart around the supermarket may have been wishing for the "good old days" of Phase One, Two, or Three. A survey of prices in New York City showed a marked increase Second Powder Furnished by Merrill Lynch, Pierce, Fenner & Smith 43 N. University Ave. JONES AVERAGES IS, 1171 Friday DOW Ut 188 SS, U 37 162 88, 1 51 20 Transportation IS Utilities 106 12. 06 Stock! 274 78, NewQuinry .13 North Lilly Park City Cons. .75 80 .16 .11 OS 08 11 11 B Rico 7 87 ISO AMbAICAN STOCK EXCHANGE OPEN CLOSE I Day Minei 21 22 Deseret Pharm 1 1H Federal Ret. 2 2 New Park Sage Oil Sioui Mine, 3 62 3 75 Standard Standard Metali Teletrans Ind. Tin. Mm. Res. Tintie SUndard Triton Corp. United Park City 1 00 1 ts 1 00 1 Skaggi Drug 2m 21 Syntei TWA Warrant! 74 77 8 So. STOCK EXCHANGE BID ASKED INTERMOUNTAIN Banner Mng. Bristol Silver Bullion Mon. 11.25 12.00 .08 .10 .10 .12 Canyonlands Uran. Chief Con. Clayton Silver Colo. Con. Comb. Metals Comet Coal Comstock Tunnel Cora. Eureka Cres Gen. Corp. Croff Oil ' Crown Point ' Dragopn i East Utah .02 .03 2 1.87 .85 .07 92 .11 .03 .05 .25 .27 .50 .60 .15 .17 1.10 .18 1.35 .33 .40 .25 .28 .40 .50 .08 .12 Empire Eureka Bull. Eureka Lilly Eureka Sid. Gokonda Gold Chain Great Western I Justheim Pet. . Louisiana Pac Love Oil ( Mammoth , Moviematic New Park ' 12 i 20 .04 .06 .16 .20 .41 .47 4 50 5 00 .14 .16 .26 3U 80 .85 .75 60 20 1 1 55 3.50 4.75 40 .50 2 25 100 20 75 .25 .14 .35 100 ( 50 .16 100 1 Utah Cons. NEW YORK STOCK EXCHANGE OPEN CLOSE 5 Gen. Refractories Co. 5", .12 .07 9 Ut. Ida. Sug. 1 2 00 65 07Vi .10 .75 .85 natural A MUTUAL FUNDS BID ASKED 6 99 6 46 Fund Eaton H. Bal. Eaton H. Stk. Fidelity Cap. Fidelity Fund Fidelity Trend Finan Dynam Finan Indus. Fund Finan Venture Fletcher Fund Fletcher Cap Fund Fundamental Inv. Manhattan Muss. Inv. Growth Mass. Inv. Trust Putnam Putnam Growth 10.73 11.76 9 55 10 44 12 62 13 79 40 12 46 11 15.39 16 82 23 07 25 21 4 06 4.06 4 S3 4 33 3 89 3 89 3 68 8 04 7.56 6 60 3 95 4 32 Salem Fund Wellington Fund Windsor Fund NEA Mutual Fund United Accum United Bond Fund United Income United Vanguard Friday's Ckninf Prices By United Press International AdMllisS'tofT1 AdmraJSoff1 8 28 900 S8C I III!!tl UlilllUllIHI Cattle 600: trade slow; steers lower, not enough cows and heifers to establish market; high choice and prime steers 47.75-425: choice 46.2547.75: good and choice 45 0M6 25: good holsteins 4?.0O. Hogs 700: trade active: barrows and gilts lb. 39.5M0 00; higher: No. 2 No. 0 lb 39 50; No. 24 38 25J9 00; 330 lb. 35 25. Mtrday's estimated receipts 2.800 csUe. 1.000 hogs. Cattle Live CHICAGO - (UPIl frozen pork bellies: Hit Opra cattle and Live Latest Lew Sales Live Cattle Jun 4757 60 47.75 Aug 4707- - Oct Dec 46 80- 47.32 47.17 4685 4690 852 46 59 46 62 392 46 70 160 Bellies 5690 488 10 46 87 46 65 Fmea Pork Jly 370 75 46 80 46 80 05 57 15 57 47.60 56 65 Aug 56 45-- 25 56 62 56 00 56 32 596 Feb 55 70 56 06 55 50 55 82 235 65-- Press International Affiliated Fund Anchor Fund Inv Bullock Fund Bullock Div Shares Charming Growth Concord Fund Delaware Mutual Eaton & Hwrd Bal Fidelity Fund Hamilton HDA Investors Mutual Investors Stocks Invest Select Inv Var Pay Life Ins Inv Mass Inv Growth Prudential Sys Inv United Accumulated United Income Fund Invest Wellington Wellington Wisconsin Fund Barley 81 6.37 6.90 7.49 8.21 12.55 13.75 3.61 3.96 5.10 5.57 9 34 10.21 9.46 10.34 15.20 16.61 3.98 4.35 r- - Lukenstl21off I AlhdChSuffl'i Eastern Air logoff k AllisChB Alcoa 59' off EstKoUroff2lii Hpasongl5off' Htrarp27up''4 Magnavl0'4off MarOil29off Marcorl8'off 4 Marshf24'4iup4 Martmr 16 off4 MGMlSofflk 11.75 4 01 4 38 1100 1202 7.31 7 99 AmHessK'ioiTl' 9 54 7.10 7.97 ( 73 Am Airlines 7.78 AbrandSoff1. Ethylcorp27'H.up,'k 8.73 AmcvanMNioff' Evafspl2''off,i. 13 56 14.86 7.30 ' Esmark25offV4 off 13 AMetrx29Joff1i taon9SWfS AmerMotor7 A Smelt off AMT&TSl'tup1 Fanstellloff'i FnclFedWoff Firestonl9Soff FMCCplSSoff'i AMFIn24'up''4 Foodfr7offV4 AnacMilSoffS Ariz Ps21 off Mi Freptmn 214 off 4 Fruehuf27S Genatr42'7 0ffS fc ArmCk24S Ashl Oil K'toff 11. Richld 84s up '4 AvcoyNoff ' At Portland cash rwb&Wiia'iofP Basic In 6'i up ' Berkmn24Wf4ii Bell How Wholesale 24S off BendnK'ioff l' Brthst 274 off S Bobbie Brks4't. off1 Boeing C 17 up' Borden 2240ffS selling BorgW24WfH BrisMv58x40ff' BrtrewkliWfl'4 BurrRhs2W'off3'. CanPacl7T.offl West lerals Energy Mtn States Rrsour Newport Pharm Petro Silver .62 2 37 .87 .07 .08 .03 .04 .34 38 3.37 3.75 .035 .045 Rocky Mtn Nuc Silver Bowl Silver Metals .005 .01 .09 .12 .015 .02 Tancor .14 .18 Tu ma Valtek Verde May .05 .06 1.3? 162 20 25 - The the government was prepared to down hard on violators of the controls. Said Harvard economist John Kenneth Calbraith: "With the men Mr. Nixon has running this, it's very much like putting the Pope in charge of a birth control damp program." James T. McLane, who heads a new "special freeze group" within the council, told report2,000 Internal Revenue Service agents would enforce the freeze. "We are relying a lot on the American public to call and complain" wlten companies appear to be violating the freeze, he said. ers that NatCanlOSoff TetedyneWSoff Teneco22Soff '4 Texaco 34S off W aft Mi oofooo TxPltlTSup1 Gnmat65'joff Gen Port II NiagmolS Nl Indust 13'lioff Texsgulf22liioff Textron 19off GlE28soffV4 GaPac32'4off Gillette 56' ioff Norfolkws62,.up Nontgs37'40ff It rstpw29l4off '4 Thjokolloff '4 Goodrich22off,4 NortnropclTSolf ' Tmsamlloff "t TransWAir23lioff Goodyrl23SoffS Grant WWISoffS Gtnnek44'.upS GlWestUnJ'.offM. GreyhdMoff' Gulf Ol 22S Nw&url21''4off Is Nwbanc 564 off V4 Twcfx7'off ' 4 OincorpMSoff Mi aisFJCo354off S OutbdmffiSoff 0wencf43:,40ffl OweruUSI'joff IngRndSS'joff'j Inland Stl 30 off4 IBMCorp318'4off2J4 Intharv26:l4 0ffS InU Nickel 28' 4 off s Pfizer 44"4 up M. Philipml21off 1' PhilpetSioff '4 PPG Ind 33S off Mi lntPap34loff Procgl lu2off2S Pus Col 19 off Mi PullrrianinS4140ff'4 Ralston 384 off I lntT4T31'2off4 Ed 231 4 off1 Cant! Air Ln34 off1 Cn Can 28 up '4 l9Soff' Pepsice8!'off l' Jotximvoffl'i 4 'i TexinstrSBup'ii Crtlmradioti'jnff't Con StBmda'ioffl NatSteelSSHoff Penraoil Cornsolvtt'aup'ti Cmwed32loffH Comsat 43' 4 off I' 4 ' Sopacif3l34off v, Sp Rand 38:l4 off NUGypoff f TlmknJSSoff l1 Tricon27off ' UAL Incorp 18S up 't Uncart 35'i off S UnFJecW Uniroval HSoff ' UAircr30Soff S ITO Brands 71 2 off '4 Uncorp8' UnGasB'.off k tJSGyp21'i USSteel30off Unite! I9' S UahPI37Soff Westfa34off Weyerhs59off H WhelpitttfS RCA Kerr Mc 53' 1 off 14 Corp 24 off IS Repbstl24Soff 4 Kopper324offS Reylnd434off Yngstdl04off4 Zenith'374upS Ra1hon25loff 4 processing Uv Ind 24 'k up 4 Walgreen 16 off WashW21 White Motor 9 off S Woolwh22'.off S Xeroxcp 1534 off IS JonesL18SoffS KaiseralMoffl Kencott234off' ii , 20 exposure slide or 8mm movie film '4. Wsbanc30up"4 WUnkxiWioff ' ONLY 36 exposure slide processing CLIP AND SAVE H li ONLY - a .00 in Lgoox i tickets for $ 1 .00 PRICES EFFECTIVE SUNDAY, MONDAY, TUESDAY AND WEDNESDAY Tuesday, June 19,1973 j CLIP AND SAVE 12 on The Daily Herald's Fun Day al Lagoon Tickets purchased Tuesday, June 19th are good any Save dajfseajjmMiny ! mat gimo0 "4 StDoindSS'ioff S Stokely Vn 15'?off Studew 35' t off S Sunshine 12 up Illcenin 184 t 2 00 tl'PI'i S StdOilCal74'off Coracoll45offt CoiGasS'tupU Snill)KiF56'.off Gnfood25l4upS Houslp4i'50ffl Ind 24 off H CpcintI29loffT Crwna27,4offS 11 WASHINGTON administation is counting on citizen complaints of price gouging to help enforce the new price trees, a Cost of Living Council official said recently. The government also hinted that price rollbacks in major industries could be expected soon, with electrical equipment and chemical companies among the leading candidates for enforcement action. While President Nixon was pledging that the freeze was merely step on the road back to a free market economy, some observers questioned whether Skaggco2Ioff Motorola 47'4 up1 Mt Fuel 67'4 off lk off 4 Mattel Nabisco 45S off S GnFJecSBoffS Honywll00,2ofr2T Coop .035 Freeze Enforcement Depending On Complaints of Citizenry Simnscoup1 Mortur33off'li Gtiessv46,.offti GBTOU'nOff1 Cnrao43'ioff14 Chrvslr251iioff, Ronson74 Rovld42Soff Safewy27',off IS SUomin25' St Regis 37' 4 off Sears 84a4 off 14 SheJloil5l'i.off Southcol8'.off ' ldahoP29'upJ Iflealbas'.off GfeneseSOoffl't Over The Counter Stocks 08 it Rockwim'iofri'k Mo Pac A 74 up IS Mobilol65Soff MonsntSO'off l'4 Montdk32off Nat Cash 354 up NatDisUIMup1 HoUysuW'.off Hompstk48',off' GrtlOiU'Sup'i .025 ( prices (eU oa the New Vorl Stoxt Ekctttnge. The 'average of 31 ia4ustriaU closed at KSg.U, dowi H.J7. ReyMetU'.up't SCaled24l'4off GncableeSoffS Gen Dynam l7Soff'4 HoffElectn7off1'4 TtSWM't CBS31"40ff'i. EDWARD BROWN SECURITIES BID ASKED .30 .35 Abot .007 .01 Belmont 1.75 d 2.25 Information .06 07 Cameo 4 25 3.75 Cox Electronics .12 .16 Frontier West .005 .01 Federal Gold .75 1.00 Fountain of Youth .03 .04 L Equipment G 1 87 2.25 Hawaii Furn Lease iVMI Roirt?ri!9 M5dsou23 Pacas29off'4 Pacpwr23'toff lk PanAmAirS'.off '4 Pain Centric Penney 81'. off Pennpl22Sup4 Cater Cheese: ( UP! loaf 7225-8-0 50 Five lb. processed muenster 517584 25. Cheddar single daisies 7983: Ionghorns78 5o43:40lb.biocks73-7- 8 lb. grade A 75. swiss blocks 50. grade B Mi 8.34 14.19 11.18 7.67 14.68 11.93 9.91 1.04 FordM57'offS Armcos2l'ioffl CHICAGO January Minning Medical InUmU y LTVCorp8'off Ouqnem Cheese Market Hiko-Be- '4, I)upontl63l4off2 prices as reported by USDA : Butter: Prices paid delivery to Chicago unchanged: 93 score 60'; 92 score 60' j: 50 score 59. Eggs: Prices paid delivery to Chicago unsettled: volume of loose eggs insufficient toestablish market. Prices to retailers (grade A. in cartons delivered): extra large 5942: large mediums Minerals 7.82 12.98 10.23 7.00 13.40 10 92 9.07 5.52 - Lockheed 5' off 10 75 . Litton8off AicanAJSoff Butter and Eggs (UPIl C7wChem52off2,i Kraftco46'4ofriS LehValIndl4off LiggMy39up4 AHegrp9up' .0081.00 CHICAGO Cvciods22' Dart In ' i off ''4 DisneyW85l40ff2 12 26 Local Mutual Funds By United PORTLAND. Ore. (UPIl grain, coast deli very basis : White wheats 093.00 Soft white 3 00 3 00 WratedubS.OOnobid Hard winter 2.85 no bid I MAI DOW JONFS OqOOOOq 16 50 Portland Livestock ck: li. lil I ltd I SIDIDHS o 15 10 Livestock Produce JOUET.nl.iUPIl-Uvesto- 40 MM M V iwi - 11.22 AmStndll Joliet Livestock - iravo2Soffl4 AirooincI2upl 14 36 6.66 6 Closing Stock Market 4 02 13 14 gas month, Frontier in the formation at a depth of 12.579 feet, they said. About 1500 feet of surface pipe is cemented in the No. 1 well and the drill pipe is stuck with the bit at 12,540 feet. In addition, the drill pipe is parted or plugged since tools will not go below about 2880 feet. Justheim Pet. 1000 at 80 Love Oil 258 at 1 25 United Park Gty 200 at 1.75 Dreyfus last apparently INTERMOUNTAIN EXCHANGE SALES Bullion Mon. 1000 at 11 Affiliated - ClOH OWN S relief SALT LAKE CITY well to be located 150 feet from the Mountain Fox No. 1 well in the Powder River basin of northeastern will be spudded Wyoming Tuesday, according to officials of Mountain Fuel Supply Company, operator of the well. The new well is being drilled to provide a means to kill the No. 1 well which discovered oil and .17 o Park Premier Prince Cons. 4 ' River Well 12 qOOOOOOOOOOOOOOOOOQq Mt. Fuel Plans Market Quotes 23 i 6t M MI6M IOW president Local Men Participate In Steel Convention $1.02 lb. fCR50N0) 45 Ctih-Pa- ge i i Dow highly-daersifie- d lb. THE HERALD, Provo, i At 42,. chine tools, chemicals, food- and economically." Wall said. W have the contacts, the Anders Wall. Swedish stuffs, textiles, plastics and of one of the most successful construction material. confidences, the organization In the last five years. Wall has and also the desire " companies in Europe, has made it big His Horatio Alger story is bought up 30 companies and still Retjerinvest already trades one few Hollywood writers would is looking In those five years heavily with the Communist !l never has been plat. Beijerinvest stock has show n ttte powers At 11 he earned money by best yield on the Swedish reluctant to do business with selling rabbits from his father's exchange, even considering amTjne when profits are involfarm in t'ppsala He paid his way Volvo's. of ved One share Profit is not a dirty word, and school through business ty Beijerinvest stock bought in 1964 has business can be fun." said Wall. running a real estate operation when Wall took over on the side. At age 23. he became increased in value by 576 per cent "We have to make profit because we are in business, and we must managing director t president l of today. the vast Beijerinvest AB trading Some European business ex- haw growth because our people consortium of Stockholm and ecutives say Wall's biggest think that way." Wall rails the managers of his increased its sales 500 per cent in triumphs lie ahead His sprawlsome nine years at the helm. "profit centers." ing. Beijer empire, companies Beijerinvest today is a $350 they think, will be a key to the Kach is given heavy support and Each also is million, group trading bridges United States authority. of companies concentrating on companies are frantically tryresponsible for producing profinternational trade. It trades ing to throw up to Moscow and its or the board clamps down. The board is made up of with East and West in coat, oil, Peking. 74. Kiell Beijer. "Yes, wc could do that ouirklv Chairman steel, metals, ma nephew of the founder. Wall, and the administrative and personnel managers of some 2.200 employes. Aside from his age and business policies, aggressive Wall irritated business peers in Stockholm with his willingness to do business, literally, with the The Association of Iron and socialist government many of Steel Engineers held its Western them dislike. There was Conference at The Nugget grumbling throughout the capiConvention Center in Sparks, tal when Beijerinvest went into Nevada, this weekend according joint ventures with the Swedish to W E. McCormick, general government and labor unions. chairman. "One must go into the playing field if one wishes to play," Representing the U.S. Steel, Geneva Works plant were H A. explained Wall, a blunt, Huish, and Burt St. Vincent. man who smiies easily. with work "I anyone, capitalist of the t.vo-da- y Highlight or communist, black or white. meeting was the banquet address We are in business, not politics." Saturday night by Reverend S T. of the William Hogan, J.. one world's outstanding experts on the economics of the iron and steel industry. Father Hogan's subject will be "The Problems Facing the Steel Industry in the i970's with Particular Reference to the West Coast." Technical sessions were held REV. WILLIAM T. HOGAN Friday morning and all day Saturday. subjects to be discussed included : Occupational Safety and officials participating in the S G. Health Act (OSHA) Gabriel J. convention included: Gilloti, regional administrator, Lanstrom. U.S. Steel. Pittsburg, OSHA Western Region, San Ca ; Richard Mendell, Pacific H A. and R.J. Swain, States Steel, Oakland; Francisco, corporate director of safety, Huish, U.S. Steel, Provo, Utah; Kaiser Steel Corporation, C.H. Ballard. Bethlehem Steel. South San Francisco; Jack Oakland. Productivity M.R. Yates, U.S. Steel, Pittsburg; Today's Challenge White, assistant general W.R. Wicke, Kaiser Steel. superintendent, Pittsburg Fontana, Ca.; R.P. Phillips. U.S. (Calif.) Works, U.S. Steel Steel, Pittsburg; Roy Cross, Bethlehem Steel, South San Corporation. T.A. Francisco; R.L. Patriquin, U.S. national, Jr., Cleary, president of AISE and executive Steel, Pittsburg; J.L. Venturini, Bethlehem Steel, Los Angeles; vice president of Youngstown Sheet and Tube Co., was the NL Rickard, Kaiser Steel, luncheon speaker on Saturday. Fontana, and Burt St. Vincent, Other Western area steel U.S. Steel, Provo. NEW YORK $1.52 $1.65 19TJ. FAMILY SAVIKGS STOBE o n i |