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Show ft i Ifcwfcj. 2. 17Z. THE HERA Anaconda ecreases ousinsss neip uirerea Promism a Ent repreneurs MS. i at aiready going, he said. children's books. But as a rule. Adda buy a psrt ownership Adela does not have 8 with the coat roiling interest in ,a busiiitss in her. to get your idea off the ground expectation that once it gets on businesses it backs, said Mr. The answer for your dream numuer of its feet and shows a pro it. the Weathers, "The sari other owners will want to buy set lie for in a workshop may psople keep coming here each Mr. Hasiett invites persons next month in Denver. war to work the crops, but the its shares. Three out of the four with what they consider a good businesses Adeia hes for New number of The institute jobs are declining," major idea for a business to contact sUll UUh backed are ut going, Enterprise Development he said LVED at 920 Boston Building, LNEDi. a national not for Mr. Hasiett said sone 25 according to Mr. Weathers. Salt Lake Qty, Utah Hilt. is in Provo Aro Publishing profit organualion based in persons will be invited to attend bached by Adda, In fact. Adela Belmont, Mass. with a Sail a The deadline for application , Lake Qty branch office, and workshop in Denver over three owns the controlling interest in will be closing early in June, he Adda Development Corp. of weekends June 27, July II and the firm which publishes said. Salt Lake City will hold the Aug. S. Denver workshop June 27 Those individuals and U ams The workshop is organized la that stow the greatest premise CONSUMER assist entrepreneurs evaluate during the workshop weekends and develop their management wit! be offered additional AD ir. teams and business plans. It is professional assistance in intended for men and women developing their management or teams and business plans, who seek to start significantly expand their own according to Mr. Hasiett. businesses in 1875 or S976, so Teams whose plans are they can be heading up a judged to merit financing will multi-million dollar be invited to make a corporation beuie ISS3, presentation to Adela. Te aids according to Brian Hasiett, and guidance that INED offers are free. The Haius fur I.N'ED acts as a screening deiivenng INED's programs -Sttadk At agency for the Adela are provide! by a major New rnggmj fi Adeia Corp. Development COMMODITIES ffmttt York operates only in Utah and the Community Services has. as its object, the employAdministration's Office of ment of former migrant farm Economic Development and workers. Adela is Ad'Ja, according to Mr. concentrating its efforts in a Hasiett. area during the The program is not a Wasatch front. giveaway program nor is it "We're trying to appeal to to be a loan program, I designed who a dream with the man It is designed to be an equity wants to build a $2 to $3 million he said. a year business," said Mr. program, "Venture capital is short Hasiett in an interview in now, but Adeia can provide a Prove last week. for a few Mr. Hasiett said the intent of Id of money Haw you eier dreamed of gap fur persons coming Us Utah starting you own smaa from the Texas and Fmtr business but siu how Darners area who plan to settle -- usniess News Did I! Price Index 1975 10.0053- - r foundation, 8 llBp nonfood am St - P the program is to give former migrants first crack at jobs created by the new businesses, .Michael Weathers, a representative of Adela at the interview said by creating new jobs along the Wasatch front, the groups hope to bridge the businesses rather The equity type investment can be seed money for business startups or can be used for businesses by has brought an antitrust suit against an Arizona boat manufacturer and another sports store i? i Salt Lake City. Norman Castle, chief officer of Sports Specialists, filed the action in the U.S. District Court for Utah Wednesday charging Sea Ray Boats Inc., an Arizona company, and Duce Sporting Goods of Salt Lake City with conspiring to run him out of - business. Castle said he operated the sole Sea Ray Boat outlet in Utah County until 1973 when Duce Sporting Goods decided to expand into his territory. The 0"em dealer claims the manufacturer then began cutting off his supply of boats and selling to Duce at a lower price. Trie suit asks for lost profits for the past three years to be determined by the court trebled under terms of the SJierman Antitrust Act Defends Against Charge of Illegal Domination of Market - ByJOHNPRYOR NEW YORK (UPI) IBM. undefeated in more than a dozen past aititrust actions, to refute is attempting government charges ikal the success giant corporation's was due to illegal domination of the computer market The antitrust action, considered to be the most significant in the nation's history, is expected to take at least 18 months in court and possibly another year before a decision can be handed down. In challenging the governto break up the ment's nint'i ranked corporation, IBM lawyers contend the firm's success in the field of general purpose computers is due to talent and work, not' illegal activities, ' The firm has successfully defended more than a dozen other antitrust suits brought by and comthe government petitors. IBM was expected to take two days in presenting its opening remarks at the nonjury trial before Chief Judge David N. EdeisteinoftheU.S. District Court. The compiex issues at trial have been six years in the making. t I ir IBM has 400 prospective witnesses and the Justice Department hss more than. 100. Trial documents will accumu late in the millions. Seven antitrust lawyers from the Justice Depatrtitit took up the issue on the opening day of the trial Monday. They outlined the government's case, heavily dependent, they said, on IBM's and sworn own documents statements of IBM executives and employes. They spoke uf IBM's alleged ik? of various marketing policies that forced out such competitors ns Oners! Electric ami ailowrd IBM to dominate the electronic data processing Held. Vn pretrial oaiwrs. IBM contended the charges represent little more than an admission that the firm "brought out a better product at a lower price ' The general-purpos- e computer field is larger than the government realizes. IBM said, and IBM's share of that market is smaller than the government alleges. Raymond Carlson, who leads the Justice Department team, said in his opening remarks that IBM in 1972 controlled 70 per cent of the computer market. "No other single company had more than a 10 per cent share," he said. The civil lawsuit was filed by the Justice Department in January, 1969, on the final day of business for the Johnson administration. It has been delayed in reaching the trial stage time and again by wrangling over pretrial motions, most of them dealing with the enormous quantity of documents. West Bank Hits Million In its first three weeks of operation. Far - West Bank, Provo's Multinational corporation have been forced to make secret payments to foreigr government officials because of a vacuum in U.S. policy, according to Gulf Oil Chairman BobR. Dorsey. goes back to my lifetime experience of getting very little aid from the government," saic Dorsey. Dorsey said all U.S. corpora tions with dealings in other countries are faced with the problem of extortion on a regular basis. St pennies tin company is strong enough tc resist the gfwures. At other times the only recourse is tc yi)d reluctantly to demands for payments of corporate funds When a corporation makes its initial investment in an 'it underdeveloped often with country U.S. UivesUiiejits. pointed For example, he Kraroage is mined For Methane Gas out several countries have announced plans to take over Gulf assets as a result of payments extorted from the corporation by Bolivia's late president Rene Barrientos and the political party of South Holism President Park Chung "An golf course is being built on top of the Palos Verdes landfill now," western companies have hesaid. formed a venture to mine the only companies interested in extracting fuel gases from garbage landfills fur fuel gas. The first pro ject is on the garbage in commercial quanPalos Verdes landfill in tities. Occidental Petroleum Los Angeles County. There. Corp, and the Garrett Co. have Reserve Oil 4 Gas Co. of Los a pilot plant underway to do the Angeles and a subsidiary of same thing in Orange vounty. NRG. Inc.. a Phoenix financial California, and Union Carbide firm, have sunk five production has one at Charleston, W. Va wili and a pipline network to The !J"on Carbide plant, gather methane or marsh gas however, is net extracting formed by the layers of buried methane primarily but a rather garbage, process it and sell it to compiex fuel gas that contains Southern California Natural a high proportion of combustiGas Co. to be mixed with ble carbon monoxide and only 4 natural gas. per rent methane. The gas is to Robert H. Collins, president be sold to a local public utility. In recent of the joint venture, NRG years, several Nufuei Co., said a new university professors and some collecting and purification politicians have urged an all- process wil! be used. He said out effort in the United States to the Palos Verdes operation is convert much or most of the viewed by the two companies nation's garbage to methane as forerunner of a number of fuel, - Chairman and the abili- Frank Church, encouragement . Sen. is Charles withstand to Percy, pressures ty relatively easy. But as the size asked whether the Usea! U.S. of the investment gross over embassy or the State Departthe years, he said, the company ment ever had aided corporatis placed in a position where it ions facing extortion demands. cannot bargain effectively they without serious economic (multinational corporations And n far as are an tWr is government Dorsey said he has "played the U.S. both games'' resisted de- concerned, we're like a mands for illegal payments to motherless child," Dorsey government officials and made answered. the payments. In the past Dorsey said he never had decade, Dorsey said. Gulf has spoken to State Department personnel paid $5 million in Bolivia, Italy, and embassy Lebanon and South Korea to because he had no reason to protect hundreds of millions of expect either sympathy or dollars in corporate investhelp. "Your statements, are very ments. Dorsey's comments, in a demeaning to the State DepartSenate Foreign Relations sub- ment." said Church. of committee Dorsey, a University investigation of Gulf, were the first made Texas graduate who joined pJhiie!y on the reasoning Gulf Oil during the depression behind such corporate pay- and battled his way up the ments. Later hearings will corporate ladder, gaming the delve into the internal affairs of top rung in 1972, stressed his ., 172-ac- "Basically, m For . . one survey delude About 3,100 Chevrolet Cama-ro- s in "10 thinks subconsciously consumer themselves into thinking they and Novas, Pontiac Fireare are insurance salespeople working in the best interesfr-o- f birds and Buick A polos and responsive to individual buyer the consumer when, in Skylarks,, the company said, needs. reality, their only interests are may contain defects that could Only one coasumer in four self serving. cause drivers to lose steering thinks insurance salsespeople present their products and shows services only understandably, accurately and honestly. Only one consumer in five across the similar projects country. company already has obtained gas rights to important landfill tracts in Arizona, Kansas, Illinois and Maryland and has tentative arrangements to sell gas from these tracts to utility coinpanies in the future. Collins said extracting methane, the principal ingredient of natural gas (it ranges from 75 to 85 per cent of the gas by .volume) from garbage landfills does not involve anything offensive to the surrounding 50,000 Cars - control. Another defect, which might make it impossible for cars to idle properly, may involve, about 16,003 Pontiac Venturas, Oidsmobile Omegas and Buick and Skylarks, the Apoilos company said. In addition, GM said, about DETROIT (UFI Motor Co. recall a (o) m 35 NO. INIVh PS0Y0 374-658- . 2 Xf 54 ..... Reg. '1" rill Vf UiiLi h4 VM Healthy Herds Are Worth It! ? .. it against Chrysler this year. Quality cu.'ilroi prublems vrcre blamed by the board for Chryserl's failure to meet California's toughest - in - the nation smog standards in conducted by the automaker and supervised by the state. 'ou only get back what Peed Your you give llx Til JSi - to your livestock especially. Proper nutrition... a good balanced diet ... is the way to bigger Petunias HOW -- and better gains. Come check it out with us. 1 Stand Watie, chief of the Cherokee Nation during the final years of the Civil w'di, was a brigadier general m the Confederate Army,' the first Indian to reach that rank in ny HARRY . N. RISING JR. MiJBQOPEISS cars. ir,000 German-buil- t Capris and Escorts. The firm said it had reports of 18 brake failures on the cars, all in Europe, with four of them involving accidents. me utrysier recall was ordered by the California Ai r Resources Board and involved about 70 per cent of the Chrysler cars sold in California this year. It was the second J. For Your Landscaping Heeds: The Ford recall was part of a worldwide campaign covering acronrtaj rrj'itar"se"7ic! If 224-212- 1 - Tuesday of 45,000 imported Capris because of potential brake failures. Chrysler Corp. was ordered by the state of California to correct smog violations on 11.000 of its 1975 model ACCOUNTS ) 845 NO. STATE, OREM ) The Ford ordered the recall RETIREMENT GMsaid. Ford Recalls PHONE INDIVIDUAL )o)l Camaros may contain faulty fan blades iu the air conditioning unit. These could break under engine vibration. No injuries have been reported as a result of the defects, 31,000 (BMERf MME Caprls Due To Sad Brakes ecology. EyLeROYPOPE UPI Business Writer Two SEW YORK (UPI I He. Subcommittee He told the annua! meeting the company wanted to protect is financial position in these revssionary times, adding coricern with responsibility to that it may be several months iiis company and its sharehol- - brfore there is "a marked OKTS. improvement in our business." "From the vantage of hindHe said the major markets sight, arid sitting as I am in the for company products, such as witness chair." he told the the "I automotive and utilities hearings, seriously question whether my judgment si to industries. lave been "particuthese contributions was sound larly hard hit by the recesor comxt. I felt at the time, sion" He said he felt the ami under the pressure applied, that I had taken the right bottom already has been course in or der to preserve our reached in these markets but investment and our sharehol- uiat any upturn "will be ders' interests." gradual." the Northrop aerospace company, the United Brarids fruit company aid possibiiy Ashland Oil and ituihps Petroleum, which have acknowledged making nearly $40 million in secret payments ta foreign officials. "Basically, these things only kpprn where there is major political instability," mumbled Dorsey while toying with a silver pea during the recent hearings. He said a company often is threatened with the loss of its GM Sets 3 Recalls newest banking establishment, passed :he million - dollar mark in total asset;, according to Edward V, Blanchard, Far West president The vehicles were aid chief executive officer. ,; manufactured between "We believe that sets some January and March. sort of record for new banfcj in 0e Stale of Utah," he said. "We opened for business in our temporary quarters at 32 North aw cast on Apni 2., and on May 15 our assets totaled Si.025.W0 00 Over $0,000 of that arxuiii. is in individual checking and savings UP! WASHINGTON LONG GROVE, 111. "A lot thinks insurance salespeople life are as concerned with service of consumers ' think insurance sales people and the as they are with their personal to the companies they represent are compensation, according survey. one step removed from the The insurance executive said griitei s ixioiantirizcd in movies life insurance salespeople sortie " like 'The Sting,' said Richard have been E. Sauder, president of the and companies the needs ' and prostituting Insurance Life Kemper desires of the consumer in their Companies. "And in some 'ases. they are anxiety to get the commission dollars and the business on the correct," he continued. "We should be selling people books." most "The consumer, what they want to buy, not bending their buying habits companies, state regulatory and the federal toward a product that might bodies net serve their needs but offers government - will no longer DETROIT (UP!) Genera! a bigger commission," Mr. condone or tolerate gimmick Motors Corp. said today it is the can Sauder said. get salesmanship, 'you recalling about 50,000 current He cited a 1973 survey of it at no cost' ploy, the peddling model Chevroiets, Pontiacs, public attitudes conducted by of panaceas for all financial Oidsfitobiies and Buicks bethe Institute of Life Insurance ills, and general exaggerations some models may he said, was "an and misrepresentation," said cause which, contain steering, accelerator indictment by consumers of Mr. Sauder. and air conditioning defects. insurance salespeople. " He said the day is over for the GM said three separate to the Mr. Auder, According salespeople who consciously or recall actions are involved. state-ordere- d Dollar Mark 'oiicv Vacuum . - IBM i Salespersons Orem Boat Dealer Files Antitrust Suit SALT LAKE CITY (UPI) Ait Orem sporting goods dealer 0A Consumer Vtary Of Insurance than spreading the money out in thin parcels to a lot of businesses," said Mr. Hasiett. expansion iS,g Food Prices UP . , NEW YORK (UPI i Anaconda Co. P.ace said Werinpwfay the company has lamvini or skferred capita! spending of around 4 rmiiion this year Cause Corporate Bribery? six-day- : C Spending President John . "l7t":T,w - 1 ' x Sfrving you wllh is its Uat ef ydsfsk fmds etunia ?ood ! Fesd & farm anir drtdst " 500 North 600 W5it, Orem i 1 ( Ph Orem 225-014- 0 Ph. PI. Grov 785291 1 |