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Show J3lgiiliWvHiT'1'TtvttrirXCTiyililMl'a 4ti8Na(Sei The Salt Lake Tribune, Sunday, March 4C 2, 1969 v Copper Gets "A. $& Boost in ' " 4? Continued from Page to soldered by ordinary meth-C'- The associations annual re poit also said it had develalloy which oped a copper-tilooks like gold, can be extrud-and is resistant to corrosion. it is being used for golf rinks, hardware and decorative trim. Another field of increasing the market for copper is in smaller automobile ladiators with higher efficiency. Research is under way on the extent to which copper in steel improves its capacity for welding The reseat chers also have found a way to coat copiper so it does not corrode and tliscolui In the field of agriculture, qopper is being used both as a feed additive and as an improved prison for fungi. Copper sulphate added to animal loud apparently increases its efficiency. The Federal government has been asked to approve this use and the association is now supplying the with additional government information. Bordeaux mixture, the fungicide, is now being prepat ed foim to make if 10 sprav-drieeasier to prepare and to cut dow n on injury to plants. It is in commercial production and is being tested by a farm cooperative in Italy and a fungicide producer in Peru. n d A. I'. Miner Chicago L'. Graduate . U.P. Assigns Solicitor, Ulali Naliv G Appointment of A. U. Miner as general solicitor for Union Pacific Railroad for Utah, Idaho and Montana was announced Saturday by Francis J. Melia, Omaha, vice president and western general counsel. Mr. Miner succeeds Bryan P. Leverich, who has retired after 25 years with the railroad. Howard F. Coray was named assistant general solicitor succeeding Mr. Miner. And1 Scott M. Matheson was named general attorney, the post held previously by Mr. Coray. A native of Fairview, Sanpete County, Mr. Miner was from Brignam graduated with a Young University bachelor of arts degree. He took his law degree from the University of Chicago. After admission to the Utah State bar in 1931, he was in private practice in Salt Lake City. He served three years as an assistant attorney general of Utah before joining Union Pacific in 1944 as assistant general attorney at Pocatello. Ore Shipments Kennecott BINGHAM Coppt Corp., Utah Copper Division, 6,654 cars. KCC, Nevada Mines DiELY, NEV average). eU-vision, 1,603 cars. Filtrol Corp., 12 cars. FARK 6 KA United Park City Mine, six CITY cars (shipping stopped due to weather.) Ever think ;. V youd be good ; at selling . life insurance? Mutual funds? Investment counseling? Or did you ever wish Use the Daily Want Ads ou could sell all three? Wanted To Buy If so, call me at or write this paper. Box Id like to hear 2 '.322-497- 4 A-3- 4, from regulation pool tables 1 snooker table Writ telling condition and -- rice North American Enterprises Roberts, Idaho 83444 ou. SIPMIMj! REUPHOLSTERY & REFIMSIIING Office Furniture Desk - . . , File Cab . . S44G 0 . Wood Desk Refinishing (niel.il) met.,i) Reasonable Rales injures. We are engaged," Martin said, "in an exciting effort to disinflate without deflating It can be achieved. Risks Required He said the policy of straint could be pushed far, hut he maintained risks must be taken and the United States had taken "real risks" in the re- too that that not last few years. Wall Street is convinced there will be further credit rationing by the banks and probably increases in the discount rate and the prime rate. The likelihood of such action was by this weeks heightened surprising jump in the British bank rate to the crisis level of 8 percent. Street encountered difin selling bonds tiiis despite still another of increased interest rates, and the stock markers slide continued, though somewhat decelerated. Wall ficulty week round Bond Yields Climb In the credit markets, state and local government borrowers were particularly hard hit, and the bond buyers index of bond yields climbed above five percent for the first time since January, 1934. In Washington, the Department of Housing and Urban the Development supervised sale of $137,255,000 of bonds backed by tiie federal government at the highest cost in the e housing program and rejected bids on an additional $11.3 million bonds with even higher interest rates. Investment bankers offered the bonds at yields as high as a record 5.25 percent, yet investors were in no rush to buy them. tax-fre- e Record Cost At the same time. In the corporate bond market. Gulf States Utilities sold a $25 million bond issue to underwriters at a borrowing cost of 7.21 percent, the most expensive financing in history for a double-r issue with call protection. Even with a record yield of 7.15 percent to investors, this offering too failed to catch fire. The bond market is clearly in a state of disarray and so is the stock market, still plagued by uncertainties over tight money, the outlook for business and profits and over intei national issues, such as five-yea- I yw At U. Gets Study Grant 4 an currency. tock market suffered a sharp decline on Monday and lesser drops on two other The V I Law Student Vietnam, the Middle East, the Common Market and Europe- If there was NEW YORK any doubt about the Federal to Reserves determination break the back of the inflation that has progressively endangered the economy for three years, the uncertainly should have disappeared this week. William McChesney Martin Jr., chairman of the Fed, set forth the Feds intentions in a statement before the congressional Joint Economic Committee. It echoed what other members of the central banking system had been warning recently: This time the Fed means business. It will persist in its monetary restraint even when there are clear signs that the economy has slowed its hectic pace. As one economist put it recently in a talk to businessmen, the Fed will squeeze until it huits but not until it sp., pmipn T1 F ed Starts Exciting Effort To Break Inflations Back - C- -l jtfjtflT''''' 4 ffit",r"Wlf'1IAktf XhlS Time It Means Business By Thomas E. Mullaney New York Times Writer Die Casting ijKririy'1jJitfr'"'iiy i Stephen G. Wood, 27, 20G3 Hubbard Ave., (929 South St.), is recipient of the Jervev Fel-- 1 o w s h i p in c o m p a rtive law at ColumUniversibia ty, New York. Mr. Wood, a senior law student at the of University Utah, will receive $12,000 r lor the course. As a Jervey fellow, he will spend the 1969 70 academic year studyhing the basic principles of civil law at the Columbia Law School. The second year is spent in Europe studying at an approved university of the fellowship holders choice. The fellowship is awarded to a candidate who holds an - i F?r days. (Copyright) SliakeupDue In Lithium two-yea- Enterprise? Harry D. Feltenstein Jr., an initiator of the lithium extraction plant now being built on Great Salt Lake, Saturday confirmed that he had resigned as a director and executive vice president of Gulf Resources & Chemical Co. Mr. Feltenstein, who has offices in New York City and lives in Princeton, N.J., said in a telephone interview he had received a telegram from the president of Gulf accepting his resignation and asking for his lesignation as president of Lithium Corp. of America, a subsidiary of the L.L.B. degree from an American law school and who has a sufficient knowledge of the French or German languages. Record Car Output British LONDON (AP) Leyland Motor Corp., went proover the million-vehiclduction mark last year for the first time in the history of the e resources firm. He said, however, he had not resigned from LCA and that he "thinks the whole thing will he resolved in a few days. Mr. Feltenstein said he could not give reasons for the actions at the present time, but there are some differences of opinion involved. He is still president and a member of the board of directors of the Great Salt Lake Minerals and Chemical, a joint venture by Lithium Corp. and Saizdetfurth A. G. of West Germany. The Great Salt Lake firm is constructing a $30 million extraction plant on the lake. Mr. Feltenstein said company officials will meet next week with the board of directors to discuss his positions with LCA and the Great Salt Lake project. "I am confident the staff at GSL can continue the work there very effectively, he said. British auto industry. Charles Abnet, air traffic control specialist, and 40 other FAA employes - WASHINGTON (AP) The ComCommerce mission has given final approval for the Penn Central Railroad to boost its long haul passenger service rates. The raise, of 10 percent, affecting all Penn Central service except commuter and New York-NeJersey trains, went into effect Saturday. The ICC gave the final fee the increase-Pen- n Centrals first in eight after the ICC board years of suspension approved the railroad request earlier in the week. Interstate OFFICERS WANTED Airport Staff Wrestles With Fast Growth Ten stories above Salt Lake International Airport in the Federal Aviation Administration tower are a handful of control who daily men from 35 in 1961 to 41 this year, according to T. R. Martin, tower supervisor. In 1951, the year facilities were moved to the new airport a (ministration building, tower operators handled 136, 4S7 landings and takeoffs. By last year the total had reached 274,168 just over double in a seven-yea- r span. Mr. Martin said he expects the total may again double in another four years. While his staff now numbers 41, 8 of them are in training, the landings and takeoffs of more than 700 aircraft. And in spite of the fact that the number of landings and takeoffs has more than doubled in the past seven years, the number of personnel in the tower has only increased Intermountain Oil Log. according only, the operator ) Emery County Toledo Mining Co., Salt Lake City; Toledo Federal No. 1, 648 ft. from norlh line, 1,985 ft. from east line; 33 Plugged and abandoned. Dr, lied to 7,558 ft. Grand County Shell Oil Co., Bakersfield, Calif.; Fed-er820 ft. from east line, No. 2,140 ft. from north line, New field wildcat. depth Proposed unspecified from elevation of 4,440 ft. Sau Juan County Toledo Mining Co., Salt Lake City; Napoleon No 2, 2,044 It. from south line, 660 ft. from east line, Will drill to suspended Temporarily ?,200 ft., commencing about March 15. Bluff Sine air Oil Corp., Denver; Bench Federal No. 1, 1,370 ft. from from east line 30 ft norh lire, Spudded Feb. 21. DrPling ahead at 2,705 ft. E. B Clark Sr., Wichita Falls, Tex.; Potato Rock No. 1 Navaio, 1,630 ft. from south line, 530 Ft. from east No report. line, E. B. Clark Sr. Potato Rock No. 2 Navaio, 770 ft. from south line, 530 ft. R from east line, No Repot., general lending and operations officers wanted for rapidly expanding Southern Nevada Qualified offs because of the greater capacity of modern aircraft. Another indication of the growth in traffic at the airport is flow of airmail. In 1961, 2.5 million pounds of mail passed through the airport while in 1968 almost 16 million pounds of mail was flown in and out of Salt Lake City. bank. Age 25 to 40 with commensurate experience. Send resume and salary requirements to: P.O. Box 990 Attn.: Mr. Smith Las Vegas, Nevada 89101 that almost the indicating same staff he had in 1961 is doing double the work. Joe Bergin, airport manager, noted that in the same seven-yea- r span, the number of passengers handled at the airport has almost tripled from 319,145 to 962,517 landing or embarking at the airport. Mr. Bergin said the number of passengers has increased faster than landings and take reports on wildof special interest to the designation of prints cat wells and wells Resigns FHA Post PhiWASHINGTON (AP) lip J. Maloney has resigned as deputy commissioner of the Federal Housing Administration to take a post with the National Association of Home Builders. He had been deputy commissioner since 1963. - NEW SNOW EXCITING FOR YOUNG WINTER-FU- Im 5NO-FUN- nd hoopi hofldi Crofted 4 0 DRY Red, H Improuivo m imv EASIER, FASTER, FURTHER OLD SAFER lh r before tool from toogh T.V. promoted. r TOY AND bug pintfe. with or iodottnKiiblo. Prochcoly 1 grooved point of iglo dvpiay Wnfl of tebodvio carton techon. Ammuto tpeti with ihovt on colorfoi hood or. Rocked two deton In y or per area. certoa. EAGLEGATE CORPORATION E.1M. South Salt Lok. City, Utah M115 Ph.:11011487-044- 4 i SALES CAREER OPPORTUNITY WITH PRODUCTS BANK S.L. Traffic Doubles (The Tribune Railroad Gains Rate Boost Nod at the Salt Lake airport man tower that controls about 700 planes daily. 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MURRAY FIRST THRIFT TRANSFER a franchisee & COMPUTER MANAGEMENT CORPORATION REGISTRAR of .strategic Automated Systems 135 South Main Street, Salt lake City, Utah 84111 135 I 364-522- inn nJ SOUTH MAIN ST SALT LAKE CITY. UTAH " & V L TEL (801)364 6411 84101 |