OCR Text |
Show V. '' 5 mpon , v '.:. !. o - Gov' Calvin WASHINGTON L. Rampton argued' before fire U.S. Supreme Court Wednesday against what be considers to be of western unfair treatment railroads In division of transcontinental freight revenue. He said an Interstate Commerce Commission order giving eastern and midwestern lines a larger rut of the revenue pie It because was inequitable ignored nccri$ of the western lines, especially the Denver and Rio Grande Western. The governor, who played an important role In the recent Western Pacific ease, appeared in Washington on hcha'f of (tic Utah Public Service Commit sion and sevpn other states. v" v' - ' vO iua. p wj k. jt Ct S , 1 Mj western - April 20, 1967 Thursday, f and several other attorneys .urged the court to affirm a decision by a special U.S. District Court in San Francisco that directed the ICC to reconsider the rase. Prior to lhS-- the various railroads had agreed on a division of freight revenue for crosscountry hauling, hut this was disrupted later by an ICC ruling which gac more of the revenue to the eastern and midwestern lines. Gov. Ranipton told the Court that under the ICC ruling, flip D&RGW stands to lose XS .i million yearly which Mem- tion of oil from shale undei lying WASHINGTON (AP) would he a severe hlow to the bers of a Senate subcommittee portions of Colorado, Utah Cbd line. Wyoming. voired agreement Up said the ICC ruling did not Wednesday He said the establishment of a consider the revenue needs for a recommendation with by former colleague that a citizens' national citizens watchdog com- capital equipment of the westorder The railroads. mittee could insure that shale ern watchdog committee be set up minerals are developed In the "ignores the fact that the West to guard oil shale resources for is expanding faster than any public interest. the people. other part of the country," he Sen. Clifford P. Hansen. stated. ( Former Sen. Paul K Douglas'R.Wyo., said he thought the Tie. governor urged, that the enmniiltee Tvas of Illinois, anrecoriomlsl, made watchdog he returned to the ICC for rase the recommendation at a Senate "great, idea." review and a new decision. Haasen said, however, that Judiciary Antitrust and MonopoMidwest railroads urged the ly Subcommittee hearing on the there had been a lot of loose court to uphold the ICC order. eson and "wild talk" fed in of minerals guesses" development eral oil shale lands of (lie West. timates of shale oil production Following the hearing. Gov. The Illinois Democrat praised and revenues, w loch have run Rainpton left for Cheyenne, the subcommittee for .seeking as high as several trillion bar- Wyo , to attend a meeting on to encourage competition and to rels worth $6 trillion or $7 Rocky Mountain economic prevent monopoly in the extrao- He three-judg- CORNER ON COMMERCE e Realtor Award Winner 5-Ye- l Citizens Play Role Of Shale Watchdog? r ar Glenn C. Anderson Jr was named 'Salesman of the Year" Wednesday bv the Salt Lake Board of P.eahors. Mr. Anderson, a salesman for W. Adrian Wright Inc. was wawarded a plaque, pin and wristwatch at the annual banquet in the Hotel Utah Skvroom. . - OH, i iri Evan J. Pearson, Edwin Seaman, Edmund W. Clarke and W. Btpyce Stanard,-- I to r, discuss opening of new Transom erica Insurance Group office in S.L. Utah Economy Will Boom By WILLIAM A. DUNN Associate Business Editor The economic-growtburgeoning of Utah was cited, Wednesday by the president of the Transameriea Insurance Group as reason for the firms expanded activity in the area. Predicting continued above--. economic gains was Pres. Edmund W. Clarke at a luncheon at the Country Gub. A five-yea- realtor r a r i. n Heads Credit Men Bargain Hunters, now woro out (o win you over with a nig Jjt 1 n Mr. Ander- son listed some $700,000 in sales during 1966 and was active on Mr. Garke, who is also vice Mr. Garke predicted that In the Boards zoning and planning president of the insurance com- the next decade Utahns person- committee. mother Transamal income will grow 50 per cent; firm, pany's In the presentation Mr. Ancr-soerica CorpTrwas population wdll increase was referred to os "energetfor the opening of new of new and the value ic and ambitious" ar.d was cited (ices at 355 E. 2100 South. construction will leap 111 per for community activity. "From our own surveys," Mr. cent. Clarke told the group of Salt! "?P fjnd typ 0f ppopjp Lake business, political and in- here their characteristics and suranoe leaders, "we find the traits, have a marked degree of The lnternmuntaln .Assn, of economy here particularly favor-- , superiority, Mr. Clarke said, able. Utahs economy Credit Men Wednesday electranks,. . This ih(wn ln their thrift,; ed DeMar P .Allred, president pride of ownership and integrifor this year. ty." Mr. Allred Mr. Clarke was accompanied is credit to Salt Lake by Edwtin Seaman, executive vice president, and W. Boyce Stanard, vice presi- Other off dent of the western zone. Evari 1 AJi? elected at cers J. Pearson is local manager and ; 1 annual Frank A. Hosick Jr., sales manI the luncheon . at ager. l'orpl Temple Transameriea Insurance Is I Square are E. the major property and casualL Mr. Allred Wo mack, ty arm of the San Fransisco-- i based Transameriea Corp., with first vice president. Elected directors were. John total resources of over S2Vi biland White. C. C. Woolev lion. It also operates in consumer and commercial loans, land Joyce Boyd. Miss Boyd is the didevelopment, mortgage banking first woman ever elected a orand leasing, and a "bright light rector of the is its recent move into leisure-tim- e ganization. Officers will be installed activity with the acquisition of United Artists Corp. April 28 at 7 p.m. af Prudential Federal Auditorium. , Economy's SHI! Slow -GWASHINGTON (AF) economists are breathing a bit easier today about their projections and tax proposals for this year in ihe wake of the first bullish statistics they've received in several months. But they caution that despite hints of the upturn predicted ln January, the second quarter will remain sluggish although some real economic growth is anticipated. Administration economists now are convinced the nation need not fear a recession, although they admit economic projections always are filled with uncertainties. Jr. realtor's salesman C. Anderson . . Power Parley Communications, service and underground products and new were topics disdevelopments cussed Thursday at Hotel Utah by electric industry personnel from five states and Canada. About 300 power men from Oregon, Washington. Montana, Idaho, Utah and British Columbia are attending the Northwest Electric Light & Power Association meeting. rornen-- ( Hasting the tion is the Utah Power & Light two-da- Co. Defense Group Elects HILL AIR FORCE BASE -New officers have been elected for the Utah Chapter, National .Defense ..Transportation . Assn, New president is Robert Morrison, general sales manager. Consolidated Freightways, Salt Lake City. named are Other officials Lynn Summers, vice president j overnment G, at large; E. Wayne Boyle, member of the hoard; Cal Clymo, Ring;by System, vice president .for motor and William Craig, Rio Grande and Western Railroad, vice president for rail Also, Ray Dunlop. United Airlines, vice president for air; and Gloria Dennpr, Hamilton Gets Baking Post Weston E. Hamilton, senior vice president of Zlons First National Bank, was elected a director of General Baking Co. at stockholders meeting Thursday at Flamingo, Fla. the Mr. Hamilton is also chair man of the Utah State Road Commission, director of Frontier Airlines, director of Zions Savings and I can Association, a member of the executive committee of Pro-Uta- of secretary and the exem-liv- e Utah Retail Merchants Association. Small Business Aide Named of Mrs. Ephraim, and is past president The appointment They are prepared to withdraw their plan for a 6 per LaRue M. Nielson as chairman of the Ephraim Business cent income tax surcharge on of the Utah Small Business Ad- individuals and corporations should a recession develop. "We dont foresee any downturn," one key official said Thursday. "We feel the second quarter will also be although some growth in the economy is expected. "But the day will come during the second half of this year when the economy will be expanding at a rate it cant sustain without price pres- sluggish sures. visory Council was announced now was his group Wednesday in Washington by said SBA Administrator, Bernard L. designing the dish. Boutin. Mr. Boutin said that Mrs. Nielson had been selected for the chairmanship because of Hercules Inc. Thursday reher long familiarity with small ported for the three months business operations, her contriended March SI, 1967, earnings, butions to improving the State's of $11,028,000, compared to in interest and her economy, the for first threa small business. She presently $10,043,000 owns and operates LaRue's Flo- months of 1966. This is equivaral in Ephraim, has managed lent to $.56 a share of common eating places at Manti and stock, compared to $.51, restated, a share for the first three 400-fo- Hercules Earnings months Livestock Markets Save on a Bonus Special Plymouth we're celebrating our 67 sales success! Its been a great year for Plymouth Dealers. So, right now, theyre throwing a Bonus Sale. Specially equipped Plymouths. Specially reduced prices. car in the Think Fury the e field. The '67 Fury already offers outstanding value in its price class. (Examples: It has the largest brakes, largest trunk and biggest standard and Now Imagine one loaded optional with extras, all at specially reduced roof. White tide- prices. A textured-vin- - ed big-val- low-pric- V-8- yl walls. Sport wheel covers. Special body molding. Plus a light package consisting turn of a map light and fender-mountsignal indicators. (In addition, rear door courtesy light switches are included on the har'dtops.) That's our Bonus Special Fury. Got your heart set on sport? Then Belvedere's for you! Our Bonus Special Belvedere also features special equipment, including an antiqued, textured-vinroof with matching vinyl interior. Don't wait. Here are a lot of popular extras-- all at reduced prices. yl , JT Plymouth 4 1 you're big on economy, took at Valiant now! Valiant's always offered more car for less money. But look at all you get with it during our Bonus Sale. A special body molding. Full horn ring. Color-keye- d floor mats. Chrome drip molding. Deluxe wheel covers. Plus a extras that make cigar lighter. Fine-ca- r a compact even more attractive. Hurry! The big Plymouth Bonus Sale is going strong now. Winning deals on those wild new Barracudas too! Don't miss out. See Plymouth now. Built to win you over. ..for good. If $ CHRYSLER MW ooMOfunew FREED MOTOR COMPANY ZION MOTORS, INC. 47 South 2nd East Salt Lake 'City 4646 South State Street, Murray J NORTH SALT LAKi, aoc ,wn: Cattle ed steer, heifers and slauoh-- ! ter cows mostly steady; stocktrs and feeders steady to ttronq; good to choice fed steers 21.50 to 23.75; standard to low oood 20.00 to 21.50; oood to choice fed heifers 21.00 to 23.50; standard and good 1125 to 2075; utility and commercial cow 1450 to 17.00; canner and cotters 12 25 to 14.25; utility and commercial boils 1150 to 21.50; oood to choice stock-- ! ers and light feeders bringing 24.75 to 24.40. Veaiers and stock caivet Cairn efeadv; oood to Choice veal 25.00 to 21 7$ j 23.00 to 25 00; oood to choice stock steer calves 24 00 to 30.50; oood to choice stock heifer calves 24 00 to 26.23. standard - CHICAGO (APUSDA) Holt: butchers active, mostly 25 higher, instances 50 up on weights over 230 ib; 25 sows fairly active, steady to higher; 4,000; The history in stone. of the world Mutual Funds look 3,000; most tb shipoer butcher anpun d 130 head at 3 18 00-It) 1125; mixed 75; 17 lb sales many b mixed lb 15 lb 50; sows 17 15 SAIT 1M TUph N 14446)1 75; 50; . Wednesday's Qeofanens York (UP!) National Securities Dealers, ine. id Asked Bd Asked of 16 00 lb Caftla 5,000; calva none; trading on llauQhtar steers fairly active steady to 25 higher tarty with tha advance on averaoe ehoict and below, but closino mostly tteadv; slaughter heifers moderately active, steady to 25 higher; cows active, fully steady; bulls active, steady; prime 0 ib daughter steers two loads and packages at the tatter price; high choice and prime Ib slaughter steers load choicr and prime 1,465 lb 24 25; choice Ib mixed pood and choice 23 25; good 22.55 23 5 C; standard and 50; hioh choice low good 21 and lb prime slaughter heiterj 24 two loads at the latter orice; load mostly prime 1,150 ib 25.00; choice Ib 23 mixed good and choice S0; stanoood 21.56-200; utility and dard and low good 20.00-2commercial cows 16.50-150; hkth yieldcanners and cutters ing utility 11 15 50) utility and commercial buils . Ealn Eatn LAKE Street New boars Through the ge, man ha carved stone to, perpetuate the memory of loved ones and venerate the ideals for which they stood. It has been our privilege since 1890 to serve the people of this area with quality memorials of enduring granite. See the complete selection at our shop across the street from City Cemetery. ' MONUMENT COMPANY of 1966. DINNERS 4 p.m. 11111 $ .m. Bat StX 12.03 H.U D M 17 Fid Cap ia.73 16.01 Fid Fund 1I.4T 17 79 Fid Tmd 30 36 33 00 Fid Mut 3010.14 F.l F. 170 Alt F.l I F. 6J2 7.U BROUN SCC: II 06 13.11 Aarosp Com St 14 36 15.41. 79 10 73 Ful Ad Inc Host 7 14 154 INVEST OROUP: 11 54 1 7 54 Mut 21 3( 23 20 Stock 3 10.41 Saiact Vr P4V .7J 44 Stain In UTII3 H ... Stein St 14.21 14.11- Talav El 10 44 11 M V Twn C O 5 .l. 41 411,". 9 7" rTr i - i UNITED FUNDSt A ecu 11.05 17J 3 14.43 IS. 77.. . Incom Scitn VALUE LINE FDSt Vpl Lna 711 164 Vat Inc 4 31 41- Val Spl 37 -- ' 6 15 61 ' Vanord 5 6 3 WUt Mut 13 713. Wall Fd 14 115 2 . 3 Watt Ind 15 Wndtar 19.34 tl.0 -- i |