OCR Text |
Show Monday, April - By Tbe Asseriatrd Pits IT AH Statewide: Mostly clear and cooler tonight. Sunny and warmer Tuesday. Lows tonight in 30s. Htglis ly 4 percent. Gamers among U.S. blue chips Tuesday Wednesday through Friday, mostincluded American Telephone L ly sunny and warm Wednesday 41 at U Telegraph, up h; Philip in western Morris, up H at 41 H; DuPont, up with breery south winds H at 381. and International Paper, valleys. Fair in the south Thursday and Friday but partly cloudy in the up l4 at 51 li. The NYSE's composite index of north with scattered showers or all its listed common stocks rose .31 thunderstorms. A little cooler to 187.09. At the American Stock Thursday and Friday. Highs low 70s to near 90 Exchange, the market value index Wednesday from 60s north and upper 60s to lowering was down .57 at 360.44. On Friday the Dow Jones indus- to low 80s south. Lows mostly 30s to low 40s. trial average slipped 4 05 to Salt Lake, Ogden and Provo: reducing its gain for the Tuesday sunny and much warmer. week to 9.91 points. 70. Declining issues outnumbered ad- Highs near Dixie: Tonight clear. Tuesday vances by about 7 to 5 on the NYSE, with 596 up, 864 down and sunny and warmer. IDAHO 517 unchanged. Northern Idaho: Partly cloudy tonight with a slight chance of rain showers in the north portion. Mostly cloudy Tuesday with a chance of rain showers in the north and a slight chance in the south. Lows tonight in the upper 20s to near 40. Highs Tuesday in the upper 50s to the major industrialized nations, upper 60s. Wednesday through Friday, known as the Group of Seven, in chance of showers or thundershow-ers- . Paris this weekend. Highs in the 60s. Lows in the Monetary authorities from Brit40s. ain, Canada, France, West GermaSouthwestern Idaho: Clear and ny, Italy, Japan and the United cool the tonight. Fair and warmer States agreed Saturday that Lows tonight in the mid Tuesday. world in recent downswing yen's 20s to mid-30Highs Tuesday in "unhave could markets currency to mid-70- s. the mid-60- s desirable consequences." Southeastern Idaho: Fair and cool They also promised to keep the with patchy fog. Fair and exchange markets "under review" tonight and renewed their commitment to warmer Tuesday. Lows tonight in coordinate economic policies, In- the 20s to lower 30s. Highs Tuesday in the 60s. cluding cooperation on exchange Wednesday through Friday in the markets. Nihon Keizai Shimbun, a leading south, mostly cloudy with chance of or thundershowers in the Japanese economic journal, report- showers ed on its front page this morning western half and partly cloudy eastthat central banks from G-- 7 would conduct coordinated dollar-sellin- g interventions during today's trad1 ings to support the yen. The dollar, which traded at 143.40 yen at the end of last year, surged By The Associated Pres almost 20 yen during the last three Monday months to 160 yen before falling Temperatures indicate previous day's back slightly. high and overnight low to 8 a.m. EDT. Hi..U.Prc.Otlk 24 46 Many analysts believe, however, Albany,N.V. rn 67 that some G-- 7 countries are reluc- Albuquerque 49 clr 49 72 tant to help Japan prop up its Amarillo clr 28 51 clr because see the Anchorage yen's currency they 30 60 rn weakness as a domestic problem. Asheville 66 45 rn The stock trad- DAILY HERALD ' Gainers outnumbered losers by about I to 7 in nationwide trading of New York Stock Exchange-liste- d issues, with 505 up, 436 down and 502 unchanged. , Volume on the Big Board came to 17.25 million shares as of 10 a.m. on Wall Street. , Japanese stocks surged upward today, rebounding from their drop of more than 25 percent since the start of the year. The Nikkei index of 225 Japanese issues soared near - 225-sha- re fifth-large- crnperuiures st 155.50-159.5- Atlanta Atlantic City Austin Quotes Baltimore Billings Birmingham Bismarck Boise Boston NEW YORK AP) -Monday's noon New York Stock selected change prices: Stock AMR Albtsn Alcan s AldSgnl Alcoa Amax ArnHes ACvan AElPw AHome AIntC.r AT&T Amoco Anheus Armco AtlRich Atlas Avon 21' 36' Vi " '- 45- 3- ht 505 301013ii 603' ' '- t 5 Deere Digital Disnev DowChs Dresr duPont s l 60-d- 1- 8'- Nynex OcciPet 82' 27l Olin OutbdM 53 24 PacEnt PacGE PacTel Pacifc s PanAm Penney 4- 5- 4 ' 21' ' y s y, Vi 324 PepsiCo 55 62 15' 35 ' ' 16". 35 60" 28- '- - 114 65 50 384 Exxon EMC 46 FIntste 32"2 47 PhilMr s PhilPet 42 26 4534 23 22'4 ' ' PugetP Quantum Questar RalsPur 234 354 h - 4 v, l4 353-4- '2 ' 34'e 65'2 39l4 ' '2 Wi ' H "b GenEl 38 64 GnMills 76'2l. 14 '2 GnMotr GM E s GaPac Gillete Gdrich 2- 9- ' 41 52 41 v Goodyr 36'4 Grace Grevh Halbtn 294 HeclaM 133- HewlPk Hmstke 434 Honwell ITT Cp 8- 954i4 46 SouthCo SwBell Svntex TRW ECU Finland ' France Greece Hong Kong l4 ... Z " ' ' ' 75 37 34 " ' 20- 4- 't 29 44' 38" l4 23 25 57 v, ' 4 513'4 4 504 12 67'-- Texlnst Textron Timken 2.T-- ' 70' 59'4 35 l4 ' 60-d- TriCon 22 ' 90-d- Trinova 27' UAL Cp USX UCarb UnElec 1604- 4 Taiwan Thailand Turkey U.A.E. v. 26 UnPac 69' 14 30 Unisvs USWest 454 Univar s 14 Unocal s 31' Varian WarnrL 25 10734 '4 754 14 ' 4- W-- t IdahoP 264 INCO IBM 26 - 10- 551 4 v4 fwd fwd fwd WUnion WstgE Weverh Woiwth Xerox ZenithE 75 '. - ' ' 14 ' 26 61 54 94 h By The Associated Press Selected world gold prices Monday: Hong Kong late: $378.55, off $0.60. London morning fixing: $378.85, up $1.15. Ix)ndon afternoon fixing: 376.70, off .il.OO. W. Grmny 30-dfwd v fwd n-- a .094 .6126 .6161 .6192 1.1621 1.1667 1.1718 1.1766 285.47 468.00 6.4600 727.65 .8320 2.6232 4.0120 5.7005 163.20 7.7985 17.271 1810.02 .6309 1.9600 1242.00 156.90 156.73 156.58 156.45 .66430 1.6209 1.6129 .8586 .8552 .8514 .8481 .003503 .002137 .1543 .001374 1.2019 .3812 .2493 .1754 .006127 .1282 .0579 .000553 1.5775 .5102 .000802 .006392.006366 1.5053 1.5053 Portugal Saudi Arab Singapore So. Korea So. Africa Spain Sweden Switzerlnd 34.95 1.6302 fwd Nethrlnds N. Zealand Norway Pakistan 4560.2 1.3063 11.93 1.6390 90-d- y 374 4- - 514 Dollar in fgn. currency Mon. Fri. a .006380 .006356 .006387 .006362 3.3967 .01789 .3661 .000360 .5238 .5780 .1523 .0472 .000045 .0447 .006698 .2674 .5336 .001417 .3766 .009276 .1631 .6661 .6666 .6670 .6672 .0382 .03857 000407 .2727 .001056 .0238 .5898 .5917 .5800 .5919 .5900 .5920 3.3967 .01789 .3661 .000360 .5238 .5790 .1527 .0472 .000045 .0447 .006698 .2674 .5330 .001417 .3766 .009325 .1635 .6694 .6699 .6703 .6707 .0382 .03857 .000407 .2727 001056 .0238 Ex- million mini' .006373.006349 Transm 3- n-- fwd 30-d- -3 5- n-- a 1.6410 1.6323 1.6232 1.6149 .8605 .8571 .8534 .8499 .003503 .002137 .1547 .001374 1.2019 .3812 .2493 .1754 .006127 .1282 .0579 .000553 1.5850 .5102 .000805 Foreign .0002 .7660 .0838 .0285 .0002 .7660 .0838 .0286 30-d- y Jordan Kuwait Lebanon Malaysia 85' 52' 22' Teldyn s Tennco Texaco Indnsia Ireland Israel Japan 694 Tektrnx vjTodSh Colombia Denmark 66l 60' SFePCp SaraL s ScottP Sears SierPac 90-d- ' l4 2" 67' PSvCnl 1- 9- i 6- 334- 4' 74 4 22 574 ReyMtl Rockwl RovlD SCEcp SaftKln y 454 PhelpD fwd fwd fwd 30-d- l4 - ' 7'll4 fwd y ' 283e ' fwd fwd Canada Potltch Primca ProctG s 57' 4"B 32 26 29 ' Pfizer Polaroid PopeTal PortGC .. - '' 6Sh 20l4 16' f IntPap 30-d- Nrwst s 116'i! Eaton GnDvn "4 '- EKodak FrptMc GTE Gannett GenCrp ' 1073'- 4- ' 38164 393-4- FordM 82' 61' NflkSo N'ortrp 8- ' ColGas Comsat ConEd s Contel s OtData CurtW DanaCp 73 ' 3- Col!P Australia Austria oBelgium Brazil Britain 37' lt - CocaCl 56'-!.- . 10 24"k 14 47s 55 72 Chrvslr ' .. 31 Fri Mon. ' 43 39' NtSemi 523d Bearg s Chevrn Chiquta - 21 Navistr ' 26' Caterp 'Chrnpln 109 15 44 MI '- BnkAm Brnwk BurlNth CascNO CastlCk 37'4 h 9242' BakrHu BritPt NEW YORK (AP) change, New York prices. Rates for trades of $1 mum. Fgn. currency in dollars 20 69 16 7 4 15 35 28 BellAtl Bel AO wi BellSo Boeing s BoiseC Borden s BrMvSq 73t MDU MartM McDnl s McDnD McKes Merck MMM Mobil Monsan MonPw s NCR H 62 27- 26 333 Litton Lockhd Loews IjiStar LaPac test Chg Amrtch ' Ex- JRiver K mart 4560.2 1.3055 11.93 35.08 n-- a .6101 .6134 .6169 .6200 1.1647 1.1693 1.1745 1.1791 285.47 468.00 6.4825 727.65 .8320 2.6232 4.0120 5.7005 163.20 7.8000 17.271 1810.02 .6339 1.9600 1247.25 157.50 157.34 157.18 157.07 .66430 .29440.29440 559.00 2.7315 2780.00 1.9090 1.7301 6.5680 21.18 22458.3 22.36 149.30 3.7400 1.8740 705.60 2.6400 107.80 6.1305 1.5012 1.5002 1.4993 1.4987 26.21 25.93 2459.00 3.6675 947.01 42.0000 1.6955 1.6895 1.6950 1.6892 1.6948 559.00 2.7315 2780.00 1.9090 1.7270 6.5500 21.18 22458.3 22.36 149.30 3.7400 1.8760 705.60 2.6400 107.23 6.1165 1.4938 1.4926 1.4918 1.4909 26.21 25.93 2459.00 3.6675 947.01 42.0000 1.6900 ECU: EuroDean Currency Unit, a bas- ket of European currencies. The Federal Reserve Board's index the value of the dollar against 10 other currencies weighted on the basis of trade was 93.77 Friday, off 0.17 points or 0.19 percent from Thursday's 93.94. A year ago the index was 97.18. prices as of 10:00 a.m. Eastern Time from Telerate Systems and other sources. market rate, rate, rate, rate, g rate, 1 Brownsville Buffalo Burlington.Vt. Casper Charleston,S.C. Charleston,W.Va. Charlotte,N.C. Cheyenne Chicago Cincinnati Cleveland Columbia,S.C. Columbus,Ohio 51 61 54 66 68 70 64 47 76 44 46 67 59 58 61 63 61 59 54 68 56 24 60 29 32 41 32 37 36 70 36 24 34 54 30 39 36 47 38 41 36 35 .05 .06 cdy cdy rn cdy rn clr .49 clr .07 clr cdy rn rn .32 .05 cdv cdv rn rn cdy rn rn rn cdy rn conditions and high temper atjresJ Seattle y- Local Billings 1.1 I I. WASHINGTON (AP) - munications Corp. and Telecom Inc. today announced they have agreed to merge in a $1.25 billion transaction. Under terms of the deal, which USA C CO I i . U Albuquerque 733 Vy X Los Angeles 78 Pacific X Ocean SHQATRS NeoTtW V BAIN T STORMS FLURWS UNO ICf SUNNY PT CiOUPY dOlVY em half Wednesday. Chance of clear. Tuesday fair and warmer. East central mountains: Tonight showers or thundershowers Thursday and Friday. Highs in the 60s and lower 70s Wednesday and in the 60s Thursday and Friday. Lows in the upper 30s and lower 40s. Treasure Valley: Tonight clear and cool. Lows in the mid-30Southeast winds 5 to 10 mph. Tuesday mostly sunny and warmer. Highs in the mid-70West central mountains: Tonight s. s. Cortcord.N.H. nau 46 rn 19 worth Davton Denver Des Moines Detroit Duluth EI Paso Evansville Fairbanks Fargo Flagstaff Grand Rapids Great Falls Greensboro.N.C. Hartford Helena Honolulu Houston Indianapolis Jackson.Miss. Jacksonville Juneau Kansas City Us Vegas little Rock Los Angeles Louisville Lubbock Memphis Miami Beach clear. Tuesday mostly sunny and wanner. NEVADA Northern Nevada: And central Nevada mostly sunny warmer days and fair at night today through Tuesday. Highs today and Tuesday upper 50s to middle 60s east and middle 60s to lower 70s west. Lows tonight 27 to 37. M Norfolk.Va. rn 34 cdy clr cdy clr cdy clr rn rn cdy cdy 57 66 69 55 49 80 63 38 39 47 39 31 62 34 55 54 51 51 45 59 47 59 83 68 62 71 70 52 67 78 63 69 63 75 66 85 27 34 27 37 32 34 30 34 66 61 33 44 56 32 53 56 52 55 38 54 50 70 56 48 47 39 48 40 Midland-Odess- a 78 Milwaukee Mpls-S- t Paul Nashville New Orleans New York City 61 60 63 65 50 rn .10 .04 .01 .02 cdy clr rn cdy clr rn cdv clr clr m cdy rn cdy cdy clr cdy rn rn cdy clr cdy clr rn clr rn clr m cdy .07 clr rn rn rn cdy cdy Oklahoma City Omaha Orlando Philadelphia Phoenix Pittsburgh Portland.Maine Portland.Ore. Providence Raleigh Rapid City Reno Richmond Sacramento St Louis Salt Lake City San Antonio San Diego San Francisco San Juan.P.R. Santa Fe St St Marie Seattle Shreveport Sioux Falls Spokane Syracuse Tampa-S- t Ptrsbg Topeka Tucson Tulsa Washington.D.C. Wichita Wilkes-Barr- has been approved by the boards of directors of both companies, MCI will acquire all outstanding shares of Telecom USA's common stock for $42 a share. The transaction is subject to ap store cashier you'll have the money later. Do you tell that to your He's in business too, and he deserves to be paid on time. Your carrier pays for his papers whether or not you pay him. If you're behind in your payments, he'll have to pay for your papers out of his own pocket. Keep him in business, snd he'll keep you in papers. So please pay your carrier when he comes to collect, Don't tell him to come back later. The Daily Herald .49; e Wilmington.Del. 66 71 75 51 85 52 46 57 47 61 73 62 58 67 68 57 63 68 64 88 63 49 55 68 61 58 47 79 68 83 64 56 64 49 52 55 49 60 31 62 34 24 38 33 32 38 32 31 44 51 43 58 56 48 73 38 30 40 56 47 36 27 61 50 53 58 35 52 29 32 clr cdy cdy clr rn clr ro .56 clr .28 cdy .01 clr clr clr clr .09 sn cdy rn cdy clr rn clr cdy clr cdy m cdy rn rn agreement proval by Telecom's stockholders. "The prospect of merging two dynamic, companies high-grow- th with similar cultures is very exciting," said Bert C. Roberts Jr. Cold blankets East, Rockies By The Associated Press Northwest winds continued to bring partly cloudy skies and colder temperatures to much of the East today. Cold also prevailed in the Rockies, and snow fell in Montana. Freezing temperatures were reported this morning in northern New England and northern New York state. Temperatures in the 30s were reported as far south as the Carolinas and Tennessee. Rain fell in parts of Florida and Texas. Elsewhere, showers dampened Nebraska and Iowa. On Sunday, as much as a foot of snow fell in the mountains of Utah. Thunderstorms produced golf ball-siz- e hail and wind gusts to near 60 mph in southern Florida. Several parked planes turned over at Tam-iaAirport near Miami. Thunderstorms min. 28 sec. West along a EXHIBIT "A" NOTICE OF TRUSTEE S SALE The following described real property will te sold at public auction to the highesl bidder on the 25th day ol April, 1990. at 11:00 a m. at the West front door of The main entrance of the County Courthouse, 51 South Avenue, Provo, in the County of Utah, State of Utah, by SHEARSON LEHMAN MORTGAGE CORPORATION, as the current Beneficiary, under the Deed of Trust made by DUANE KIRKHAM and KAREN KIRKHAM, hus- band and wile, as Trustor, recorded June 8, 1987 as Entry No 22406, in Book 2423, at Page 522, of the official records of Utah County, Utah, given to secure an indebtedness in favor of CROSSLAND MORTGAGE CORP., by reason of certain obligations secured thereby Notice of Default was recorded December 20, 1989. as Entry No. 38798, in Book 2652, at Page 739. of said official records. Trustee will sell at public auction to highest bidder in cash, payable in lawful money of the United States at the time of sale, without warranty as to title, possession or encumbrances, the following described property: PARCEL 1: Commencing at a point with State Plane Coordinates of X equals 1.902,925.56 feet and Y equals 756.255.23 feet based on the Lambert Conformal Projection, Utah Central Zone, said point also being located South 1605.00 feet and East 70.20 feet from the corner West of Section 4, Township 5 1 South, Range East, Salt Lake Base and Meridian: thence South 14 deg 37 mm. 28 sec. West along a fence line 35 60 teet: thence South 18 deg 13 one-quart- also dropped small hail at Rock Springs, Wyo. Rain and thundershowers, with snow in the mountains, also fell in parts of Montana, Wyoming, Colorado, New Mexico, Arizona, Nevada and Idaho. The high temperature for the Lower 43 states Sunday was 90 degrees at Lajitas, Texas. Other reports at 5 a.m. EDT: West: Albuquerque 53 partly cloudy; Anchorage 32 fair; Boise 42 fair; Casper 42 cloudy; Fairbanks 31 fair; Great Falls 32 snow; Honolulu 68 fair; Las Vegas 66 windy; Los Angeles 57 fair; Medford 43 fair; Pendleton 41 fair; Phoenix 65 fair; Portland, Ore. 42 fair; Reno 37 fair; Salt Lake Gty 44 showers; San Diego 58 fair; San Francisco 49 fair; Seattle 43 fair; Spokane 39 windy. International: Calgary 18 snow; Montreal 28 fair; Ottawa 32 partly cloudy; Regina 27 fair; Toronto 39 cloudy; Winnipeg 28 partly cloudy. Legal Notices Legal Notices You wouldn't tell a Pleasant Grove, h. Inc. CI 990 .59; Orem, .75; Timpanogos Cave, 1.06; Deer Creek. .64; Provo, .68; Spnng-viil.36; Spanish Fork, .34. and Payson. .20. Heber City received .45 inches and Manti, .60. David James, local weather observer, said additional rain fell during the night, so final measurements for the storm will be higher. He anticipated that the total figure for Timpanogos Cave would run as high as 1.50 mches. James said most of the state fared well from the storm, particularly the Cedar City and Fillmore areas, which received more than half an inch. Southwest areas of the state received about a quarter-incJames said a high pressure area is now building up through Tuesday, and temperatures should be back in the 70s. There is a possibility of another storm later in the week, but that is uncertain at present. e, w fcr MCI, Telecom USA sign merger MCI Com- I I - rv.. San Francisco) 67 Fork, J . measurements, taken around 6 p.m. Sunday, were: Alpine, .78 inches; American 38 J A I V Dollar down sharply in Japanese trading TOKYO (AP) The dollar closed sharply lower against the Japanese yen today, helping to push the Tokyo Stock Exchange's key index above 30,000 points for the first time since late March. The dollar closed at 156.45 yen, down 1.02 yen from Friday's close of 157.47 yen. It opened at 155.80 yen and then rose, trading between 155.60 yen and 156.90 yen during the day. Bolstered by the yen's recovery, Nikkei Stock Average the rose 1,119.15 points, or 3.82 percent, to close at 30,397.93, its fourth advance ever. largest single-da- y The Nikkei last closed above 30,000 points on March 29, when it ended the day at 31,026.16. The advance extended a rebound begun on Friday, when the Nikkei index rose 1,029.72 points in its advance. single-da- y The dollar opened lower in Tokyo after wildly fluctuating between in Oceanian markets, 0 mainly Sydney, that opened earlier than Tokyo, dealers said. ' They said the dollar fell because of expectations of central bank intervention to prop up the faltering Japanese yen in the wake of talks among economic policymakers of Welcome forecast cx daytim Accu-Weath- Staff Report ram fell on much of Utah over the weekend, w ith larger concentrations in the northern part of I'tah County and Salt Lake Count- April 10 Tuesday, 65-7- 5. ing today, getting off to a sluggish start on a new week. The Dow Jones average of 30 industrials rose 2.2S to 2,719.37 in the first half hour of trading. Page B3 Rain falls on most of state Sunny and warmer Tuesday to slyggosGu start NEW YORK (AP) - Weather Business ftoek market off market inched ahead in light THE HERALD, Provo. Utah, 1SW0 8, Legal Notices REOUEST FOR BIDS fence line 89.25 feet: ALPINE SCHOOL DISthence South 1 deg. 45 TRICT will accept sealed mm 28 sec. West 75.20 bids tor the multi purpose thence North 77 feet; deg. room addition at Cascade 35 min. 26 sec. West 160 North 223.52 feet; thence North Elementary, 800 East, Orem, Utah. 12 deg 00 min. West scheduled for 217.73 feet; thence South Completion 1, 1990. 77 deg 35 min. 26 sec. September will Contract be awarded East 310 02 feet to the based on low bid, bidders point of beginning. qualifications and other PARCEL 2: Beginning criteria as determined to line on West a the at point the best inteof 8000 West Street (Utah represent rests of the School District. SysCounty Numbering Sealed bids will be retem) which point is South ceived at the Purchasing 1 841 42 teet and East 90 North Church 27.22 feet from the East Division, American Fork. Street, Quarter Corner of Section Utah during business 5. Township 5 South, hours 7:00 a m. to 4:00 Range 1 East, Salt Lake p mn. until May 1, 1990. Base and Meridian; Bids will also be accepted thence North 88 deg. 27 at the Board Room, 50 min. 57 sec. West 70.81 American North teet; thence North 74 deg. Fork, Center, Utah, prior to the 57 mm. 03 sec. West bid opening at 1 :30 137.29 feet; thence North public May 2, 1990. Bids 13 deg. 00 min. West p.m., will not after 53.70 feet; thence South that time.be accepted 77 deg. 35 mm 26 sec. specificaEast 223 52 teet; thence Drawings and obtained at may be South 5 deg. 07 mm. 35 tionsoffice of the Smith and sec. West 42.20 feet to the Layton Architects. 344 the point of beginning. East 100 South, Salt Lake Property Address: 9741 City, Utah 84111, teleNorth 8000 West, Lehi, Additionphone Utah 84043. al information can be obRecord Title Holder: tained from MacNiel Duane Kirkham and Karen Ogden, Maintenance DeKirkham 490 North State for the purpose of paying partment, Street, Lindon, Utah. secured by AIA Document A70 Inobligations said Deed of Trust for the structions to Bidders will purpose of paying obliga- be the form for tions secured by said at the Architect's inspection office. Deed of Trust including Alpine School District refees, charges and expento reject ses of Trustee, advances, servesandtheall right bids that are any if any, under the terms of deemed not in the best said Deed of Trust, interinterest of the School Disest thereon and the un- trict. note paid principal of the No. 1651 Published in The secured by said Deed of Herald April 8, 9, 10, Trust with interest thereon Daily as is in said note and by 1990. law provided. DATED this 21st day of March. 1990, Bryan C. Robinson Successor Trustee 180 S 300 W.. Ste 350 Salt Lake City. UT 84101 No. 1597 Published in The Daily Herald March 26; April 2, 9, 1990. 322-555- 0 |