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Show Uranium lining Takes '67 Spurt Will Lead COLO mining in .JUNCTION, e holes werp drilled in the area last year, the AEC said. Increased fuel demands for the nuclear power industry in the United States and elsewhere were seen as the basis for the revival. The 1967 drilling total was four-stat- Merrill Lynch Reports Record Income, Assets - -' It's ' e I;' ' v f ' ', "S'- - 'Job Safari' more Ilian 1 5 million feet Uranium more than the record estab(AP) Colorado, Wyoming, Utah and lished in 1977, when the govNow Moxto surged upward m ernment was stockpiling urafigures released by the nium for defense purposes Atomie Energy Commission and the penny uranium stock indirate. boom was at a peak. A record 3. .189,000 feet cf The announcement coincidexplorator and development ed with the report from Utah Construction & Mining Co. that it has sold $3,2.50,000 of uranium worth concern trates to a Switzerland firm for nuclear power generation. The concentrates will be produced at the firm's facilities in western Wyoming. Merrill climbed to a record 2.5 billion NEW YORK (AP) The AEC report said drillLynch, Pierce, Fenner & Smith shares on the New Yrok Stock1 ing last year was 41 per cent Inc., largest brokerage house in Fxchange. exploratory and 49 per cent The officials reported the world, reported to its 914,000 that development, reflecting concustomers Tuesday that its in- operating income ros 29 per cern about dwindling ore recome and assets rose to records cent to $369,443,000 and net in- serves. in 1967. More than half thp activity jcome after all charges rose 27 board per cent to $54,558,000. George J. Leness, was in Wyoming, where drillTotal asspts reached a record ing totaled 5.4 million feet. chairman, and James E. Thomson, president, made public the of $1,977 billion while capital1 New Mexico had 2 5 million companys annual report for the funds increased to $198,801,000.! feet, Colorado 752,000 feet and Utah 606,000 feet. past year when trading volume .the report said. GRAND CORNER ON COMMERCE Gov. Rampton Gov. Calvin L. Rampton will lead a group cf Utah businessmen on a trip into Ohio and Illinois next week. 0 Thursday, B February 8, 1968 plant-huntin- g A party of about 15 executives, including the state's top industrial promotion people, will tackle one of the nations densest industrial areas in an effort to lure jobs to Utah. The governor and the businessmen w'l sponsor a luncheon at the Union Club in Cleveland, Ohio, Tuesday. The luncheon has been arranged in cooperation with Robert Biggs, president of Brush Beryllium, and Glen Bakken, president of Chase Brass & Copper. About 25 executive officers of leading industries in the area will! jattcnd, and all have facilitis in Utah or are planning to expand ir. the West. AT&T Rings Up Record Profits Geotec Gains Computer Unit - The NEW YORK (AP) American Telephone & Telegraph Co., .worlds largest corporate enterprise, rang up record profits and operating revenues in calendar 1967. The Bell System said Wednesday earnings reached $3.79 a share last year up 10 Foods Firm Elevates Salt- Laker - E. A. advanced capabilities means an CHICAGO, ILL. Increase of service to Utah and Salt of Walker, Johnny Lake City, has been elected a surrounding states. The concept of vice president Geotec allows a user to gain o f Beatrice access to the PDP from a Foods Co., G. F. McKay Smith, president of console at the users own facil- W i lliam or means of presiKarnes, ity telephone by the firm, announced Thursday Beathat the PDP is the first facilities from any remote dent of trice Foods, point. of a $1.7 million order. shipment The firm is the first to have Mr. Smith feels that although a i. n "! n ced the growth of the computer Thursday. After that luncheon, the group such a computer west of the Mr. Walker, has been rapid it is Industry will fly to Chicago where they Rockies, as well as the first of still very young and Salt Lake district manits kind for 1968, he said. will make personal visits with City and surrounding areas will ager of the business firms considered acHe said G otecs large scale still see a continued growth into Idaho - Utah tive Utah prospects. and scientific computer with its many new areas. Nevada District, Geotec, Inc. of Salt Lake City has received a $500,000 Digital Time Sharing computer facility for its office in the Federated Security Building, 72 E. 4th South. cents from 1966. Net income rose to $2.0(9 billion from $1,979 biHinn revenues totaled Operating $13,009 billion, up front $12 138 billion in 1966. The number of sharehown-er- s grew to 3,110,100 from 3,089,600 at the end cf 1966 time-sharin- g 10-5- 10-5- 0 sponsible for the newly created Far Western Dairy Region of Beatrice Foods. This includes all Meadow Gold plants and branches in Arizona, Calif., Western Colorado, Utah ard Idaho, Nevada, Western Wyomng. Mr. Walker will continue to maintain his headquarters at 1030 S. Main St., Salt Lake City. A native of Utah and a graduate of the University of Utah with a degree in marketing and accounting. -- happening now! GM HAM QFUCCUlKf Packers' President Fred Hertz, 2985 Middleton Way, recently was elected president of the Independent Meat Packers Association of Utah. Mr. Hertz is employed by the Jordan Meat and Livestock Co. in Salt Lake City and will serve as presi- dent of the million $150 Utah industry for one year. He succeeds Howard J. Pickren of Midvale Packing Co. That handsome Impala Sport Coupe below Is just one of four big, specially equipped V8s-t- hat Impalas-- all you can own right now at mighty impressive savings. The Impala Station Sedan and 2- - or also Wagon give you very special savings on popular equipment packages. For extra style and beauty, all have whitewall tires, front fender lights and appearance guard e d guards; group floor mats, front and rear; front and rear bumper guards on coupes and sedans, front (door-edg- color-keye- ones bn wagons). Then, for extra performance and more savings, Package No. 1 gives V8 and Powerglide you a big 275-h- p Transmission. Package No. 2 lets you save and relax with Power Steering and Power Brakes while Package No. 3 features the convenience of Power Steering, Power Disc Brakes and Comfortilt Steering Wheel-- all specially priced to save you money during our Impala V8 Sale. So get an Impala Just the way you want it at big savings now. Hurry! Also elected was Boyd C. Park of William C. Park & Sons of Ogden as vice President Named George Lowe. 4339 80. 4190 West, a quality assurance testing engineer of the BacWorks chus of Hercules Incorp., is the new president of the Salt Lake chapter of the Air Force Association. Mr. Lowe succeeds Robert W. Bemick of Walker Bank. Elections were held recently at the Hawks Nest at the Salt Lake Airport Terminal. Also named to new positions were Robert Overby, Hill Air Force Base, first vice president; Claudia Sabodski of Mountain States Telephone, second vice president; Ted Syms, Hill Air Base, third vice president; Donald M. Jensen, also of Hercules, treasurer, and Bertie Evans, Hill Air Base, secretary. Mutual Funds Wtdnosdav New York (UPI) ation of Securities Bid Asked 3 21 2 94 Aberdn Adv Fd ItS 195 9 20 Affil Fd ISO 1 19 AH Am 30 3 45 3 73 Am Bus Am Div It 24 12 21 Am Grth 7 12 I SO 7 56 7 56 Aiso In AXE HOUGHTON: AxeH A 8 44 9 17 AxeH B 10 63 1152 AxeH St 7 81 8 54 Axe on Chevy II Nova, too! on Chevelle e Nows a good time to save on America's favorite car, too. You get quick-siz- e excitement, wide front and rear tread, Full Coil suspension and sleek styling. Power available up to 350 hp with easy handling and the smoothest ride in its size. Test Chevelle nowl car offers more than ever nowl Wider front and for added stability and a far more comfortable ride, many new safety features and power from the V8 you can order. spirited 140-h- p standard Six to a 295-h- p Turbo-Fir- e Our mid-siz- rear tread and larger tires Chevelle SS 396 Sport Coupe. Nova SS Coupe. Sci 22 2 24 04 t Quotations National Inc. GROUP1 INVEST Mut 1191 69 22 49 84 10 19 46 9 20 28 21 07 57 17 02 10 97 20 Stock 9 Select Var Pay 8 Inv Res 19 15 Ivest KEYSTONE: B I 21 18 22 11 B 2 22 51 24 6 9 82 10 72 Dis 9 08 9 94 Inc K 6 55 7 15 Gth 21 19 23 12 HGr App S 3 9 65 10 53 7 08 7 73 LPr 15 84 17 13 Inti 10 18 11. 13 Lexlno Lex Res 14 93 16 32 6 90 7 54 Life Inv 4 65 5 09 Life Stk Inv Med SI Blue Rd 12 98 14 19 S4 8 69 9 50 Bost Fd Broad St 14 24 15 41 14 84 16 26 Bullock Con Gen 8 57 9 37 8 99 9 70 Cop Inc Cap Life 6 94 7 61 Mass Tr 15 51 17 06 Cent Shr 9 02 10 73 NAT SEC SER: 11 22 12 26 CHANNING Baian Bond 6 04 6 63 FUNDS: 12 73 13 91 5 25 5 74 Divid Baian 8 48 7 76 95 2 13 Com St Pf Stk 17 42 19 05 6 18 6 75 Grwth Incom 8 03 8 78 9 08 9 92 Stock Incom 11 76 12 85 3 26 3 56 Soecl Grwth Chem Fd 17 65 19 29 One Wm 16 06 16 0a 11 21 12 12 3 3C8 37 Puritan Citadel 13 38 14 62 PUTNAM FUNDS Col Fd 16.0117 50 Col Grth 9 15 10 77 Geo 11 53 12 63 CmSt Fd 4 19 5 32 Equity 12 24 13 71 COMMONWLTH Grth 9 16 10 01 Inc FUNDS: 7 42 fill Diver Gr 14 34 15 72 Inv 8 M 49 00 3 68 St 03 Sh State 4 Divid 7 7 Dow Th I 41 STEIN ROE FDS: 20 46 20 2, R 21 13 94 15 Stem Dreyfus Eatn Ba! 11 16 12 13 Stem In 14 41 14 41 Fain Sk 15 65 17 01 Stem St 13 72 13 7? S 63 6 II Fid Cap 13 54 14 7 2 TwnC G Fid Fund 17 73 19 17 UNITED FUNDS 56 17 01 2 15 7 1 32 30 8 Fid Trnd Accu 12 01 15 31 FINANCIAL Incom 9 04 9 itfi PROGRAMS: Soen 6 2? 6 81 VALUE LINE FDS: Dyn 9 96 10 92 5 33 5 83 Val Lnt Ird 6 43 7 01 6 89 7 54 Val Inc Inc 12 fi 57 Val Spl GROUP SEC: 5 16 4 72 10 03 10 99 Vangrd Aerosp Com St 13 69 14 99 Wh Mut 13 15 14 1? 9 31 10 20 Well Fd 12 57 13 66 Ful Ad Ham hda 5 25 5 74 West Ind 8 70 f 96 18 79 19 fill Inv Bos 13 17 U 39 Wndsor Markets In Brief lowtri NEW YORK (AP) Stock, slower tradin'Cotton Higher; trading active Chicaoo Wheat higher; god lale demand. Com Hloher, in aoocl trade. Gals Higher With torn. Soybeans - Lower liaudatlon Butcher hogs Steady to 25 hlght , receipts 5CC0, too 20 01 steers Steady to 25 hgher Slaighter raerpts 7 000, lop 29 00. - Wool Market Authorized Chevrolet drains in the Salt Lake Citu area: STREATOR CHEVROLET CO., INC. 465 So. Main, Salt lake City gee.naa 1 43-77- 1 GORDON WILSON CHEVROLET, INC 5650 South State, Murray, Utah 84107 262-341- CAPITAL CHEVROLET CO. 777 South State, Salt lake City 355-763- 3 1 t V Wool tops fuNEW YORK (UPI) tures opened to 1) pomtt lower on fht Nrw York Cotton Exchange hd 7 March '6 158 Opening prices May 1584 hd ju.y 196 Pd. Oct HO 161 4 bid. March 69 161 S P d bid, May HI 7 P.d. July HI 7 &d Grease wool opened 2 P3 nts lower to J 1130 hid May points h gher March 115 3 hid, July 116 5 bid, Oct 117 7 bd Dr-M'rrh '69 lifts bid, May 158 7 bid. Juy lift 7 bid tc nil, Salt Lake Eggs Prices to retailer, unchanged Ir cartons, cases an-- c Grade AA Large, 40 to Aft tenoeo Grade A Medium, 37 o 39, Grada a Small 30 to 32. Market nei'veied to store |