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Show p. Thursday, March "4. ! i T TO d I II CI Sen. Garn Calls Banking Hearing In. U. S. Capital WASHINGTON, Committee D.C. Senate Banking .) man Jake Garn nounced comprehensive (R-Ut- U.S. Chair- has anoversight hearings into the competitive structure and other conditions within domestic financial services industry to begin April 6, 1983. The lead-of- f witness will be Treasury Secretary Donald Regan. "The Garn-S- t. Germain bill that we passed last year, in my mind, only affected the tip of the rapidly changing and growing, financial services industry iceberg. There is a great deal more that needs to be done in this area. At the same time the question of interstate banking must be studied thoroughly because whether we like it or not interstate banking is upon us." One of the sections of the Garn-S-t. Germain bill which did not gain approval by the committee was deregulation of the banking industry in the field of securities. Issues slated for the hearings k include; securities and other activities of depository institutions, interstate operations of such institutions, competition between depository and nondeposi-tor- y financial intermediaries, and the status of all financial intermediaries under federal banking statutes. Specific statutes that will be ll reviewed are the Act of 1933, the McFadden Act of 1927, and the Bank Holding Company Act of 1956. non-ban- Glass-Steaga- I word processing demonstration with hands-o- n experience con- ducted by Lorna Skidmore. Lorna is teaching word processing at UTC-S- L and also is in the process of completing her master's degree at Utah State University. She received the .B.S Degree in Business Education in 1982 and graduated magna cum laude from USU. She has worked as a secretary for the the President, of Corporation L.D.S. Church, from and received her A.A.S. degree in Secretarial Training from Ricks College in 1977. Conducting the afternoon session will be Faye Jensen, Student 1977-198- 0, Placement Director at - OMAHA tl'PlI Livestock: Hogs 2.500; butchers 100--1 75 lower, mostly L. UTC-S- This session will be entitled, You and Your Relationships. Ms. Jensen teaches a series of Women in Management courses both on the UTC campus and in the community where she is well known because of the outstanding job she does. Many major companies recommend and send their employees (male and female) to take her classes. Also in the afternoon session will be a presentation by Jerry Van Os, CPA. Jerry is the division chairman of Accounting and Data He reProcessing at UTC-Sceived both the B.S. and the M.A. degrees at the University of Utah. He is a certified public accountant in Utah as well as a certified managerial accountant. Jerry has worked in the controllers office at Sperry Univac and is currently an Adjunct faculty member at Westminster College and senior accountant for a local CPA firm. L. INTERMOl'NTAIN STOCK EXCHANGE Bid Asked 10 Aksarben 20 1 25 1 50 Bristol Silver .50 Bullion Monarch 65 7 50 7 75 Chief Consolidated Mines 3 31 306 Clayton Silver Mines 3 50 3 75 Comstock Tunnel 5.12 5 25 Com. Tel Inc. 30 Croff Oil Co. .40 37 Crown Point Cons. Mining .75 .25 .45 Dragon Cons. Mining .50 .75 Eureka Standard Cons. .06 Excalibur .12 15 .20 Gold Chain Mining 87 Goldfield Deep Mines 1.00 1 25 80 Great Western Mines Intra-AmeOil & Minerals .75 .90 .75 1.00 Justheim Petroleum .10 Louisiana Pacific Res. .20 .90 1 25 Mammoth Mining Co. .20 New Quincy Mining .30 North Lily Mining 160 185 .35 Park City Cons. Mines .50 ' Park Premier Mining Prince Cons. Mining Rego Resco South Standard Mining Standard Metals Corp. Tintic Mineral Res. United Park City Mines Utah Cons. Mining Mill Cons. Oil .12 .16 .05 .08 5 87 6.12 .75 2.75 13.00 .55 2.87 .15 3.00 .35 2.25 12.75 .45 2.62 .09 2.50 MAIN STREET SECURITIES, INC. Amer. Amer. Amer. Amer. Chemical .05 Consol. .13 .07 Mining Tech. 1.75 3.25 AMS Big Horn Big Piney Billings Energy Butte Energy Cash Ind. Centauri Crested Butte Crown Falcon Hiko Bell Magma Magnum .05 .50 4.25 .08 1.00 .08 3.44 .03 .50 .37 .01 .19 Paiute .31 Ramex Ruby Titus Tuma Union Universal Fuels U.S. Energy Valtek .14 .12 .06 .05 .01 .50 6.50 6.25 Page 17 .09 .16 .09 2.00 3.37 .10 62 4 .50 .10 1.25 .12 4.50 .05 .60 .62 .015 .22 .37 .19 .15 .08 .07 .03 .68 6.87 6.50 Oct Est. sales Gold Prices - 65 20 65 27 64 70 65 10 65 40 3.559 contracts; Tuesday's sales NEW YORK (UPI) Foreicn and Domes tic gold prices quoted is doiiafi per Uoy 2.974. open interest 8.943 off 237. Live Hogs if.wi lb; ceatt ner ib 48 95 49 35 48 60 49 20 49 67 ounce Wednesday: off. fairly active after slow opening: Apr Uadoa 52.25 52 50 51 85 52 35 53 35 Jun 00-4No 1 2 lb 49 9 25. near 300 head Morning fixing 413 00 off 1 25 52 30 52 92 52 20 52 72 53 70 Jly 260-27-0 240-26- 0 49 50. No 48 lb 5049 00. lb Afternoon fixing 410 00 off 11.25. 50.00 50 90 49 85 50 60 51 17 Aug 300-36-0 48 8 lb 0 2 3 few 50. lb scarce, Pans I free market) 413 68 off 4 69 45.45 46 40 45 40 46 25 46 80 Oct 45 6 decline lower, most 00; sows Est. sales 17.042 contracts: Tuesday's sales Frankfurt 415 00 off 8 01. on weights over 500 lb: No 3 350-45- 0 lb 45 8 Zurich 410 50 off 11 00. some with end of 1.298. open interest 39.771 off 31. 00. mostly 45.00-45.2New York Pork Bellies 38,100 lb; ceatt per Ib most lb 48 medium 45 50. 450-65- 0 Handy and Harman 410 00 off 11 25. 71.70 71.70 71 70 71.70 73 C Mar lb 50 50. Engelhard, base price for refining settling, 72 30 72 30 72 30 72 30 74 30 Mav Cattle 1.600. trading on small run of slaugh72.25 72 25 72 25 72 25 74 25 andainfabricated gold 410 00 off 11.25 per troy ter steers and heifers moderately active, Jly ounce. selling price, ubricatea gold uo.so off 69.SU 69 50 69 50 69 50 71.50 Aug steady; slaughter cows steady to firm; steers Feb 60.55 61.30 60 50 61.27 62 15 li m per troy ounce. two loads choice, few prime 4 near 1200 lb Est. sales 1,244 contracts: Tuesday's sales 65.75-6- 6 00; scattered loads and part loads 971. open interest 16.597 off 306 . 0 few muddy lb choice 4 NEW YORK (UPI) Handy and Harman cattle to 62.00: few mixed good and choice 3 Wednesday quoted silver at $10.13 per fine Settlement prices on close and previous. 0 few good 60 lb 63.00-64.5ounce off SO. 44 from Tuesday's $10.57. 0 no 3 lb holsteins 57.00-5- 7 50. few Engelhard Corp. quoted a base price for heifers mixed good and choice 55.00-57.0industrial silver of $10.30 off $0.28 and a price 0 scattered loads and part loads choice 4 for fabricated silver products of $11,053 off 61.00-62.5CHICAGO (UPI) 5 Wheat, corn ana soy- $0,268. lb 62.50-63.5few beans were substantially higher and oats 0 lb 60 mixed good and choice 3 few good 57 high cutter, utility higher at the close Wednesday on the Chicago 41.00-44.0few high Board of Trade. and commercial NEW YORK (UPI l Latest metal marei Wheat was up 12 to 12 cents; corn up 8 V4 few dressing to 47.00; cutter 2 39.50-43.0to 7 li; oats up 3 4 to 4, and soybeans up 23 prices as quoted Wednesday by the American canner and low cutter 37.00-40.0Metal Market, authoritative metals publicatl to 25 4 cents. Sheep 50; hardly enough to test trade but I Volume was heavy in active trading, largely ion: few slaughter lambs 50-- 00 lower, choice 0 Aluminum, primary, 99.5 percent plus pure on bullish reaction to the payment-in-kin- d lb shorn No 2 pelts 63.00; wooled 59.00. ingots 76.00 figures released Tuesday. Antimony, domestic, refined in alloy, $2.00 The markets ended the day strong with wheat and soybeans hitting new contract and lb. Copper, electrolytic, delivered U.S. 78.625-81.0- 0 session highs and corn near session highs Livestock: JOLIET, 111. (UPI) Cattle 600; trading fairly active; steers and after a large professional stopped selling. Lead, common, U.S. primary producers That firm sold more than 25 million bushels heifers steady to 50 cents lower on light b ; U.S. (secondof May corn, 17 million bushels of July wheat load choice, supply: choice steers 64.00-65.5and 6 million bushels of July soybeans on the ary! producers 23.00 c Ib. few prime heifers 64.00; choice 62.50-63.5' Magnesium, 99.8 percent, ingot 134.00 Hogs 600: trading fair; barrows and gilts day. boxed 99.9 Manganese, percent, on com futures for regular a gained 0 Soybean couple lbs. 1.00 to 1.50 lower; No. 2 of reasons, floor sources said. Traders were 70.00 0 lbs. 48.00. No. 3 ' 76-lflask. nervous over the supply-deman- d Mercury. $325.00-$345.0- 0 report which Nickel, electrolytic cathodes, f.o.b. Port was released after the close and the ratio which is making it more Colborne. Ont , $3.2$ Ib. Palladium, N.Y. Am. Met Mkt. dealer lucrative for farmers to plant corn rather $94.00-99.0- 0 CHICAGO (UPI) Closing meat futures than soybeans. per troy ounce. Platinum, soft. 99.5 fine, producer $475.00; Corn was under pressure most of the day on range on the Chicago Mercantile Exchange dealer-approx- ., $380.00-39.00 per troy ounce. . Wednesday: liquidation but came back strong in the final Steel, No. 1 heavy melt scrap Open High Low Close Prev hour. Pittsburgh lb cents $78 00 $80.00 per gross ton (consumer buying 40,008 lb; Live Cattle Some corn contracts were up the per 67.50 67.72 66.55 67.90 67.10 limit soon price); Am. Met. Mkt. composite scrap price Apr daily limit and oats up the 66.65 67.45 66.35 67.27 67.00 after the market opened. Jun Soybeans came $73.73 per ton. 63.97 64.57 63.75 64.10 64.70 630.00 Tin, N.Y. Am. Met. Mkt. within a whisker of rising limit-uAug 61.35 61.75 61.10 61.60 61.27 Oct Private crop forecaster Conrad Leslie 62.55 62.45 62.10 62.80 62.50 Met. Mkt. alloyer price Dec Tin, N.Y. Am. Wednesday estimated farmers would plant 54 Est. sales 28,310 contracts; Tuesday's sales million acres of corn in 1983 and harvest 5.15 674 00 2.630. 62.446 billion bushels, down sharply from a year ago. up 28.606, open interest Titanium, aircraft quality, 8 Mi inch round He based his prediction on Tuesday's USDA rotating billet, f.o.b. shipping point, $12.60 lb., 44,000 lb; cents per lb Feeder Cattle 67.80 68.90 67.45 68.32 68.95 acreage figures. Ib. domestic sponge 99.3 percent $5.55-5.8- 5 Apr ' 66.15 67.10 65.85 66.75 67.35 99.1 percent Rotterdam soybean complex markets were May Tungsten powder 66.15 66.65 65.60 66.50 66.60 very active in line with higher prices in minimum pure $11.14 per Ib. Aug 65.60 65.90 65.20 65.80 65.90 Chicago. Zinc, prime western, U.S. 38.00-38.7- 5 Sep 1 Certified Secretaries Plan Spring Seminar in S. Members of CPS Associates-Wes- t, the only organization in the West formed by and for Certified Professional Secretaries, will hold its Spring Seminar on Saturday at Utah Technical College in Salt Lake, located at 4600 South Redwood Road, (1700 West), Salt Lake City. The morning session will be a Omaha Livestock M "Municipal revenue bond underwriting by banks is an area that I'm particularly interested in. Banks, in this nation, have traditionally been the source of financing for local development. It makes sense to me that this natural vested interest in the community should be translated into underwriting all types of municipal revenue bonds used to develop public facilities. THE HERALD, Provo, Utah, Livestock and Produce Counter Business 1983 50-- 75 - Silver Prices - Grain Prices - Metals Prices - Joliet Livestock - Chicago Merc - Most Powerful Hydro Generator Due for Operation 4V0 V0 According to Mechanical Engineering, by the end of 1983 the world's most powerful hydroelectric power generating complex, at Itaipu on the Parana River between Paraguay and Brazil, will begin operation. It is expected to have an installed capacity of 0 MW, exceeding the generating capacity of the U.S.'s Grand Coulee system by nearly 4 million kW. V fa r wO v to r- - i (A 12,-60- 6 I " 6 Save at Round-the-Clock- 's spring hosiery sale K sllililSiiiii 4: W?V - J i U 'x l ( mmmimmmmmsmm 1 K J W::::Ks4:ssiKv!r xV---m- hi pi t, Drop Into Fashion Hosiery and take advantage of hosiery needsl (280) Reg. S3 Nude N' Naughty sandalfoot pantyhose 150 2.90 Reg. 3.50 control top pantyhose p sheer pantyhose with Reg. $4 3 JO reinforced toe MO Reg. 1.35 sheer knee-hT- s pantyhose with reinReg. 6.50 the savings an al your Room-at-the-to- Glrdle-at-the-t- 540 forced toe Reg. $4 Sheer Radiance ultra sheer sandalfoot pantyhose Reg. 4.50 2.90 Reg. 3.50 control top pantyhose with sandalfoot 2.90 Reg. $4 Grvenchy uffrasheer pantyhose with 3.30 sandalfoot Reg. 6.50 Glvenchy Body Smoothers support 540 pantyhose with reinforced toe Reg. 6.50 Glvenchy Body Smoothers support 540 pantyhose with sandalfoot Reg. 4.25 Daly Basic sheer pantyhose wtrh cont- 3.50 rol top Reg. $3 DaJy Basic sheer pantyhose wtrh toe rein-face- d 2.50 tummy control pan3.75 tyhose wtfh reinforced toe Reg. 3.50 Grvenchy sandalfoot opaque panty- Reg. 2.25 Daly Basic sheer pantyhose with 1.90 sandalfoot (Body Gleamers and Swiss Lace not Included In hose sale.) Shop Monday-Frida-y Closed Sunday. Reg. $2 Roorn-at-the-t- 2.90 stockings WESTON 1.65 011 -600453 -6270. UTAH 10-- 9, (OUTSIDE SLQ 1 -6O0 -662 -9010 Saturday 10-- 6. - A 24 HOUR WESTERN TOLL-FRE-E DIRECT DIAL SHOPPING--. SALT LAKE UTAH (OJJTSIDE SLC) ) |
