OCR Text |
Show - THE HERALD. Provo. I'Uh 23 Pi$e SIMMY Aueust sine mi 12 What is happening 8 on stock and the business world Will Market Surge Revive New Issues? - Market Quote: JONES AMlRaGES DO v.t is i inuu:: ; 2 5 !te lrl;si,jftnjri 6.S M jn I a) N,ec f flv Kesv ormp ( i.'ib im'i AibrrlMins nt Kin Amr ru jn SUires 41 Mm ' ' . iem 27 34 J il 27 "t L,ri lei 4 hiec uirt lm h.i: lnn int, bus NWh 41'. . 13 754 Am t ap Am wen Am t,en 42-- Internal AL Fl NDS B'd !j .'1 r 7S4 78. 2S' Supp no: ulrnul t'fl Pub Vrv N Mel htputiiu Air Sds in hus Mttch 25 7 OM tl 2 I s Meel I uh I aL i 26'4 21 25. 21'. 17'. Win! Air t 2. 1 2H. 24. 23 Kim Ml cull Lap Inc 14 it:. no li 15 Is - !"4 teld l 1c lii 07 2! 14 lh Hi) 3C 17 iii 7 Ki 2 7 if2 w ll) .t) dp il) l in 2 lu U 23 h.,'. fil Hi S W.uld (ikitirfl H 4i 33 J7J3 in. The ildiU Herald lilt Allien an Ui Sfledl stm f.ile. pru Mini's ,! i ..ii. I ImII i.i i ii.wn l:i I'i .inn 111! I in ( i. 1'iiifi! .ins Miruriji In i..i; .ins Miiim: Km iiiImii i, iM i n.i'ii M fimt Closing Stocks IT . - 2 AlcanAl 20 29 47 2U FordMt 1 60 45 Krehauf 40 35 up 13 C.ATX up 4 08b 7!) oil 2 oil Alldl'p si 80 33 AllisChdlm 9 up I Alcoa 20 37 1 8 AM AX 20 19 up 2ti oil AMH 27 3 8 oil Am ( an 2 90 47 up H 1 10 1 Great Cyan 90 49 oil 1 Amentech 6 70 up Am Motors 5 olf 33 22 ANKes s2 up 1 A Stand 60 29 - AT&T 1 20 19 5 8 up 14 A ; AMK 50 16 off AKA Sv 2 10 50 up Ariz I'S 2 60 18 up Armco 20h 13 up Arm WI 1 20 28 8 up Asarco 40 22 up 60 23 up AshlnOl AtlKu hfld 3 46 Avco 1 20 31 oil Bell Atl 6 40 72 off . 40 5 Cooperl 1 8 IC CPCTntl 2 20 38 CrownZell 1 31 33 8 LTV up up up 2 Cyclops 1.10 35 DaytonH .65 36 DetEdis 68 13 up Disnev 1 20 56 off DowCh 1 80 30 DuPont 3 48 up DuqnLt 2 06 13 up oil Eastern Air 4 EsKodak 3a 75 Ethvl 85 24 5 8 up 3 8 Evans 10k 5 up ExCelO 1 60 34 up Exxon 3 40 41 up 18 Kirstone 80 19 EInstBc 2 34 35 oil 12 KMC 1 80 56 oil 8 1 2 32 23 72 14 5 40 61 7 ofl up 4 92 29 4u IK up 3 8 tilt 7 oil 2 80 59 4 7 StdOiilnd Sunshine nii ni. 4 Sup Oil hit 3 1 $H ii; 12 :u 4U IK M h.' b2 (liS 4 75 15 1)2 4 iirnn.iili' U I llikn hi sis owrtliru.st I'.niih' IVnUr itjmi'X Sil lint inn II Mm 20 s hnrrt l.iUnk nlt'u rntur 27 31 04 25 0B t4 t 37 27 31 U3 1)35 m 12 1(1 20 87 1H 27 3 :I7 3 62 6 12 ti 25 ucls 1)7 12 2 37 2 50 t'S (London price fixing changes are based on the previous day's closing price.) 75 62 ili I fx of, Penny Stocks, OTC Stocks or up Issues, Call or Write. EDWARD BROWN Herald Want Ads SECURITIES, INC. 17 Eost 200 North, Suit 210 PROVO, UTAH 84601 Bring Results WEEKDAY HOURS: 0 to 2:30 374-12- up oil 1 up New Dick Nelson 2 80 37 current recormnemtations oil 8 10 3 RIO in the help of the IBM Correcting Selectric III Typewriter, nololy has to know. The Correcting Selectric III can lift errors clean off the page, wit limit your fingers ever leavsrere-tarie- s ing the keyboard. Which makes it ideal for who are practicing perfectionists. As an authorized dealer for IBM typewriters, we can show you all the advantages of the reliable IBM Correcting Selectric III. And we can offer you service and IBM supplies. work, call So, if you're interested in error-freIBM the of for demonstration a free or visit us III Tyewriter. Correcting Selectric We'll show you that the next best thing lo perfect, is looking like you are. (i:l5 15 iKrumics Ant h sales and earnings and uptrends combined with market or technological leadership." Kven the most nimble fingers occasionally go astray. But with up $0 2M 3ti7 up 20 43 Xerox 3 38 Zenith Elec .i ..(i ii, A.H. PEMBROKE CO. 750 N. 200 WEST PROVO 377-239- 0 mmr -i Typewriters 21 SjWWllwwaijiijiiyjliuijjjyjiliriyiiwiiwiii I'nCarb 3 40 55 up 72 13 I n Elec I nPac 1 80 42 up I nn oyal 12 14 I td Brands 15 oil I'S Gvpsm 3 57 up I S Steel 1 25 up CSV. est 5 40 61 up I fTch si 40 38 oil 1 84 19 I'tdTele up Cnocal 37 oil 1 up I'pjohn 2 56 52 up Walgren .72 41 20 WarnrC 50h oil Wa Wtr 2 48 17 WUnion 1.40 181-off WesthEl si 25 U off 8 up 4 Wheeling St 23 Woolwh 2 SKU R1TIKS. INC. 1'IWII m 50 Silver silver 7 823 off 0 02 Harman lldndy and quoted silver at $7.79 per line ounce up $0 25 Kngelhard Corp quoted a base price for industrial silver ol $7 82 up $0 28 and a price lor fabricated silver products of 15 "int i.t'iuMM 8 o with "established companies per troy ounce 110 hum' Milili-- e Comex spot midddv till Kni-i- l hu 115 Killing M'l J t l I up 56 T K W 2 80 72 I AL .25d 36 1 .i Vlfui.i Tandy 30 oil Teledyne 262 Tennco 2 80 38 up Texaco 3 34 up Texas Inst 2 140 up 1 14 TexPacL 40 34 Textron 1 80 31 up Timken 1 80 56 up Trnsam 1 56 25 TransW 40 30 up TriCnt 5 28d 24 up 1 1 M I Ulsl lUs 08 40 5 8 3 Id's i MAIN STRKKT 3 per-shar- V York omex spnt fold midddv 347 90 olf 1 30 Hanilv dnd Hdrnun 3't 75 up 2 50 hngelhdrd, bde price lor refining settling and unldbricuted gold 347 15 up 2 50 per troy ounce Selling price, fabricated guld M 51 up 2 l3 per troy ounce. !" W 8 oil 5 8 04 34 mni H 18 oil 41 n SoulhCo I 80 16 up SwHoll 5 60 62 up 3 8 Sperry 92 41 18 up 1 8 Kalston Havthn Smklnli SoCal E NoStPw 3 24 38 up Northrp 1 80 105 NwslAirl 80 37 up Norwst 80 28 up 1 Nvnex 6 68 up oil (Jim 1 32 30 OutbrM s 64 22 up Own CK 1.20 30 up Owenlll 1 68 39 up Pac GE P Teles 92 Shell Oil 2 54 NCH s 80 27 up up Niagra Mo 2 14 NL 20 13 up Pacilcp 14 u) 3 4 oil 8 oil 3 Hevnlds 3 211 62 18 ui 3 4 HevnldsM 31 up 4 Hiibrtsn 60 41 up Hockv.ll I 30 oil Hunson 3 5 8 up 18 Hoper 64 16 KoyllJ 74tl 48 18 oil 27 50 Satwav up up StHogis 12 .50 7 24 8 SnKeSoPc oil 7 8 8 36 76 oil 14 Sears oil up up PSv Col HCA oil Nabisco 2 48 47 Natl Can 1 33 up NatDist 2 20 26 Nil Gvp 1 76 35 Nil 25 29 up 8 PhihpM 3 PhilPet 2 40 37 8 Polaroid 29 7 PPG I 44 33 2 up 5 8 3 8 up 5 I'rorM.I 2 IX) up up 8 7 ill 7 . . . " AN EFFECTIVE, EFFICIENT LEADER FOR YOU AND UTAH COUNTY . . 1 J.ONEIL V 8 1 COUNTY COMMISSION 28 What are some key issues: Cooperation with Cities All the mayors would like to se the County Commission lead out and make the Council of Governments a forum for discussion on all matters of common interest. There are many d development, road, public safety and problems needing immediate attention and discussion. will provide that leadership and seek dialogue with the mayors to increase the Council's effectiveness. "An effective public servant must have a desire to serve and ap- Cash and balances due from depository institutions: balances and currency and coin' a. Noninterest-bearinbalances b. Securities Federal funds sold and securities purchased under agreements to resell Loans and lease financing receivables: Loans and leases, net of unearned income ' 7,897,000 LESS: Allowance for loan and lease losses 154,000 g 2 Interest-bearin- Loans and leases, net of unearned income, allowance, and reserve Premises and fixed assets Other real estate owned Other assets proach THOU MIL. ASSETS 563,000 700,000 230,000 mental attitude. 17 743,000 2 1 must He (2) Interest-bearin- . .'. EQUITY 299,000 24 044,000 301,000 357,000 .794,000 . . . Surplus Undivided profits and capital reserves Total equity capital Total liabilities and equity capital 2 452,000 271044,000 Norton. Exec. Vice President, of the named bank do hereby declare of Condition ond Income (including the supporting schedules) have been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority ond are true to the best of my knowledge and belief. of ConWe, the undersigned directors, attest to the correctness of this Report dition (including the supporting schedules) and declare that it has been examined by us and to the best of our knowledge and belief has been prepared in conformance with the instructions issued by the appropriate Federal Ted L. regulatory authotity and is true and correct. Signed: Stan Meyrick, directors. Hanks, Duane Knotts, I H. Don that these Reports Program Specialist, do hereby certify that the following is a of condition of the For West Bank, filed in this ofstatement correct true and fice on August 2, 1984. I, Avon T. Francis, MEMBER F.D.I.C. SWillifrHi life-givi- EACH DEPOSITOR INSURED TO $100,000 This is the very "best alternative to having to pay hiaher taxes. We must work constantly to keep our mill levy low. We need jobt. We need clean industry. We need to expand our tax base for better law enforcement, public safety, roads, bridges, and schools. We must have the right kind of future for our children. We need to work closer with the various cities and our Utah Valley Industrial Development Association and Mountainland Association of Governments in being resourceful and responsive to our citizens in strengthening our economic base. This will require imagination, professionalism and a lot of hard work. But we must do it ar.J do it now. What are people saying about Miner: CAPITAL Common stock 1 19,808,000 Other liabilities TOTAL LIABILITIES well-define- Thank you for your consideration as you go to the polls, Aug. 21st. Please feel free to call me on these and any other matters you would care to further discuss at .4,485,000 g Watr Project for storage, flood control, recreational value and future hydrod electric capabilities. However, we must have guidelines with the people in Salt Lake County and our Water associations in our several communities. We must not let the Bureau of Reclamation manage or usurp any water rights to deprive us of local control. We olso need tighter and more workable arrangements with Salt Lake County on the issue of Deer Creek Reservoir and the Provo River. We must be wise and alert stewards of our resource water. Central Utah Economic Development and Tourism 224-310- (1) Some of the biggest and most crucial decisions to be made by our Commission in the coming months are water-relateWe must have the Thistle dam as a control measure to help the in Fork the area. Our engineers say it can be a safe dam. We must dredge people Spanish the Jordan River. We can not take "no" for an answer from Salt Lake County. This is the essential step to move forward in solving the Utah Lake high water problems. We also need the 259,000 683,000 016,000 24 293,000 domestic offices Noninterest-bearin- Water and Water Management I Deposits: In service thoroughly understand the issues and seek right solutions while being responsive in every way possible to the voters who elect him. welcome that challenge." J. One7 Miner 850,000 TOTAL ASSETS 27,044,000 'Includes cash items in process of collection and unposted debits. LIABILITIES a. that flood-relate- I enthusiastically; be an effective communicator, who works well with people, and. has a positive H Amy Valentine; Provo, Ut. Carl & Leona Jones Republican National Committee Woman "Oneil Miner will bring a vigorous, intelligent and dynamic approach to County Government. His educational background and experience in business and political affairs indicate his contribution will be major indeed." "Utah County needs Leadership! We know Oneil Miner is well educated and will provide that Leadership and work to establish effective communication and make efficient decisions in County Government." Owen Anderson; PI. Grove, Ut. Retired Teacher "I taught Oneil Miner in school. I've known his father and grandfather and I'm pleased to support Oneil for the Miner family for many years County Commissioner and highly recommend him as a capable leader and administrator." Henry Gardner; Provo, Utah Glen Thomas; Provo, Ut. Businessmen "We've known Oneil Miner for over 25 years. He worked for our business while attending college at B.Y.U. He is personable, honest and hard working. We urge your support for him for County Commission." Miner will make a major to If in fact the recent stock market rally brings a resurgence of new public offerings, Natale suggests that investors consider only ( Mining .ii in l.ih Mmm I' ii k l i' i i. ns Mini's l! Us nut Minili; 'i in. .ins M.inrij: II. I". s..'ii'h si. Mi.i ii, i Mining mt- il .iik i in Mint's i.ih ins Minini; Mill l ill VI iiiuni: i mis ilii n . Hi.' 2 I up cu Itl. Mint!. .1' ui'Hi. 8 7 up 20 35 3 40 76 Mid Sou 1 74 12 up oil Mobil 2 20 27 Monsn s2 30 48 3 4 ofl MonDkt 2 56 27 up olf 14 MonP 2 80a 23 oil Motrola s 64 40 Mt Fuel 1 44 25 up ofl CSX 24 up 18 Curt Wr 1.20 33 25 12 H I M K up up 68 42 3 4 nil :12 H.i 'i 8 up I'lier up Lukens 40 11 Manvil 7 up McDnD 62 66 MGM Gr 44 10 1 up si 30 26 8 7 22 2 4H Pt'nnziil 2 Pepsit o A&P 16 Idaho P 3 28 33 oil Ideal Baste 18 up Inco Ltd 20 10 up 3 Ing Knd 2 60 43 2 up InlandStl .50 24 up IBM 4 40 121 oil 1 Int Harvest 6 olf IntPapr 2 40 53 Intl T&T 1 24 up Intrnth 2 48 37 up 1 KerrMc 1 10 29 up Kmart 1 24 34 up up KiightH .64 29 Koppers 80 21 up Kroger 2 38 up Lehigh Vail 2 Litton 2g 78 up ult Lockhd 15d 44 1 off 52 Pennl'l. Grvhnd 1 20 22 up GTE 3 08 42 up 1 18 1 68 oil Hollv Sug Homestk 20 25 up 18 90 64 si up 12 Hnywll Horizon 5k 4 Houstln 2 48 xl9 3 8 up BellHowl 50 29 up Bellsth s2 60 30 8 olf 8 BethlStl 60 19 off Boeing 40 51 off Borden 2 72 60 up 4 BorgWrn 84 20 8 off 8 olf Bris Mv 60 48 Brunswk .80 35 up Burrgh 2 60 57 3 4 up Cdnl'ac 1 40 35 up CatplTr 1 50 39 up CBS 2.80 85 oil Celanese 4 73 jp 1 Chevrn 2 40 35 8 up Chrysler 80 30 up CoraCol 2 76 62 olf 1 22 1.28 olf Colgate Col Gas 3 18?9 up Comwl Ed 3 25 olf 1 1 20 26 off Comsat off ConsEd 2 12 26 Consul3 20 28 Pan Am Air 4 Pennev 2 ;irj x GDvnamic I 61 Gen Eler 2 57 (inl Eds 2 50 58 GnMot 2 25d x75 oil 3 4 Ga Pac 80 22 2 up 3 8 Gillette 2 44 49 oil Gdneh 1 56 30 up 3 4 1 Goodvr 60 x27 2 olf 5 8 AlltfCp Amid oil 7 8 oil up 14 12 up oil 3 8 duiUrs in ji ii h undv di,it le Hong Kung 351 75 up i.111 Abbou!. 1 AdamsM priced quite reasonably." There were only H new pubht offerings in June and July with a offering price of $5 or more, SAP said. By comparison there were 84 such issues during the same two months of 1983. The poor market has had a positive impact on the quality of London Previous ciiis.e In 345 ill up I) 25 Miminii ttxuiK 15u 50 up 5 tW Alter nuun liking :t4h 7b up 1 25 I'dris 34t 87 up ti 5t M,m-- 'ii:ii I quoted daring ' mldV ' k new- - y offerings come to market." high-qualit- come to market have been ViHK I I'I roreign and "ij siUer pUlinum & paliddium NKW. .lunw "ii- i i said as a result of conditions the offerees. Natale said, 'with only issue market "had pretty much dried up" and those that have Gold, Silver Quotations - K.M 37 year ago depressed iKinur; -i a But Natale h..!ii'.n M.irut.'h Provided " 12 period INTf RMOl STAIN ST1X It FXCH 4.S(,F li i (tniutri Atk 7u 21 das Counter Trading IS 57 Sehinidn lt'll'letun 17'. OVER THE COUNTER Bid timpuler 77 1 4 i'ltineer Pioneer Kund I'mneer 11 Putnam Vtiu Midi Inv Fund iinian ( oininun . 2 S U Idl Hiiib 47. 14 42 li Jl mi S 47 it .6 r und Net S)e 5 i in 22 7s 12 i,r ( 2. luretli.rs ti 40 4 Venture hues! ii n Is 1: 'pfienheinier IIH b; Sn u tb S m en I t lest lent es Mdw t 28. )' 44 r und inti rv.rui Mdv in i,r MdM. inv I rust . 74 i!!dldS I'die Vd 43 121 tmisiwk ( Vs 34 45 124-- Mriult tple MITl 3'4 77 -- SUtes kel . , ..rum, Our. Inll ' M, Mm M t: t Sal Kir st 41 3 t s J llfSi nt-- : 2if. SAP publication Emerging L Spe-- t i' s,".iai"r The new issue marnet has been dismal so far this sear. SAP said lis new issue index of how initial public offerings perform during of trading was their first yu d.jvin 10 percent through the first week of August from the same The recent stock market rally could mean a revival in the dismal nev. issue market but investors should weigh potential new offerings carefully, a Standard & Poor s publication said Monday. an Market history is clear advancing broad market is invariably followed ... by an even more vigorous move in new issues, said Robert Natale. editor of the NTS II il'PIi NEW YORK 3. Inierrm I'rud red SiL STOT EXCHANGE VORH . 24 3 h ,i v. 33' 34 markets Mapleton, Utah LeGrande & Connie Ward Spanish Fork, Utah "We knew Oneil when he and his lovely wife lived in Spanish Fork. He is a hard working, honest and effective leader in business, community and religious affairs. What a great asset he would be to Utah County as Commissioner." Ralph West, businessman "A political leader should be educated, straight forward, experienced and well skilled in dealing with people Oneil Miner has these has the abilities and talents to be vigorously involved plex County problems of the future." Hp difference qualifications. the com- in solving political advertisement paid by Miner for County Commission committee |