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Show Albertson's Alaskan Oil Find Key To Future JUNEAU, ALASKA (AP) -Gov. Walter J. Hickel sees the discovery of oil in Alika's Arctic regin as a key unlocking the state's vast potential and stabilizer of its economy. 'Its tremendous, the governor kept saying Thursday alter hearing that reserves estimated by eil experts at 5 to 10 billion barrels had been loutid in the Prudhoe Bay area along Alaska's Arctic coa-l- -- ' ok' a,-- Banks To Merge In Salina, Manti L,y m tt. ' iunc-heo- s Jdr t &', ; Alaska oil well has the new discovery apparently confirms what jietroleum ge- - ' ft'4 Ray P. Du eng. president of the Manti City Bank, and Angus H. Belliston, president of the First State Bank of Salina, said the merger would depend upon approval of banking supervisors and stockholders. ' '" Directors " ,i dur-jEld- of both institutions y jont announcement said. Mr. Belliston will continue as president of the new bank, The new bank would be "great potential," .known as the First State Bank. It would have total resources of ologists have long thought, more than $16.5 million and four that the Arctic Slope is a vast offices located along Highway 89 in Manti, Salina, Panguitch storehouse of oil and gas. and Kanab. Gov. Hickel feels the oil inThe announcement said the come from the huge federal holdir.vs on the north slope banks hoped to achieve substan-coulbe used to meet native hal tost savings from a more demands for $500 million to efficient internal operation aris-- ' h merger, the inS drop claims blocking state's efforts to select the 103 Ve hope to broaden and acres promised by the prove the quality of service to statehood act. our communities, but still retain He also sees it as possibly jthe independence and close to the elimination of sonal ties with the people which .have been so important to each state income taxes. Iflhecar isnt as great as presi-presen- Thiokol 'Growth1 Discussed Package Policy We give you Protects your heme tire, windstorms, explosion, theft, bodily BOTH. 5th SOUTH 328-129- ttg- F.O.B. SAIT LAKE CITY 465 East 2nd South 359-206- 2 62 ent cashier-manage- as- - Cattle OAAAHA 62 ,M; ,nd S swa.j ih 'l hM,r cows steady; uD3CK to rv, lyUb. rTeS- - choice and prime at Manti is r Russell M. Wilson. 1,500 calves sea,v, ,0 4 f wehak' 5 lb 28.40; high lb choice hiph choice 948 lb of 1.350 a.n, choice MOO lb ; treiters canner and cutter CO'J'J 4 lb lower, rather slow; VSff $.rnm. i fleshy heiferi 24.25. 500; lambs Sheep fous fut- spring slauohter tour ooints'slv; - - 25. cull, utility and good few lb sows 3 - - 3.. Wool Market NEW YORK (UPI lb 0 'b 11iC0164;lbJ13675 SUDOies v commercial bulls ,0 - mercial mostly cows few 25.60 26.00; lb oood 600 8000 2325. 25; xi.'zjnjss - You rather Thursday market unchanged. Prices la retailers delivered to stores in cartons; ? cases exchanged- Grade A A Large Grade AA Medium Grade A4 Smalt 22 25. - Stems to O'Keefe & Merritt i WE WILL COOK AND SERVE A lb. E . 25-INC- H Free Soft Drinks MASTER OVEN LIFT 20 COOK TOP OFF TOP SUPER-WID- & Merritt people will be in our all store day Saturday to demonstrate the feaof the O'Keefe & Merritt ranges. Home tures economists representing Mountain Fuel Co. also will be on hand for an interesting discussion on the advantages of modern gas cooking. The O'Keefe SATURDAY, JULY OFF OVEN DOOR OPEN: MON. FRI. to 9 EASY CLEAN SMOKELESS ii, NOTHING DOWN v,;iisajs BIG MODEL 30-64- 28 nr TRADE-I- N Easy Terms j Egg Market INVITES EVERYONE to sample the MOST SCRUMPTIOUS ROAST you ever tasted! Inireuee utiiJty " few utility and com- 19 50; teeoer classes steer calves - few standard and 25; steers Shippers oocd under 300 lb 31. 735 lb 25.10; choice 570 670 lb lb . ewe 5,500; barrows and gHU weak Hogs lb to 75 lower; lb esla joction Wednesday July 17; Cattle sows steady to 50 lower; 200; cows steady to weak 600, calves at Monday's full decline; other classes load H og- s- 3,000; (steady; slaughter classes: steers CHICAGO lb barrows and silts lower; mostly! high good end of choice cows 2 Holsteins fw utility lb 25 off, slow; beef breeds cutter lb 60 head 23.00) Idiiiptam LIFT fir- - heiters ; few 125; car.ner and sood under 500 lb 2 utility cho'ce 000 lb started on feed 23 0; oocd lower; ewe; cutter 14.25-- 8.00. lb 100; few lots and choice prime and choice iambs choice Sheep Mb. spring slauuhter lamps stead shorn slauuhter S3- DIVIDED second be- - flask. - YOUR DOWNTOWN DEALER of 6,500 employes, at the end of the in the New CMtoHExctam this rrnening NEW YORK (AP) Spot nomerrous Opening prices: Oct. '68 161.0 bid, Dec.i metal prices today: Copper cents 162.5 bid, March '69 163.2 bid. May 163.9 a pound, Connecticut Valley. Lead 12Vajbid, July 164.4 bid, Oct. 165.1 bid, Dec. cents a pound, New York. Zinc 13 a cents 165.3 bid. a pound. East St. Louis- Tin 1.42 a Grease wool opened one Point lower to pound. New York. Gold 38.00 per troyjone point higher. Oct. '68 116.0 bid, Dec. jounce. New York. Silver 2.220 per trovi 118.3 bid, March '69 119.1 bid, May 120.1 500.000 bid, July 120.3 bid, Oct. 121.3 bid, Dec. ounce, New York. Quicksilver - 121.3 bid. nominal per flasK, New York. r tv j dating to 20 1 NV laoor East St Loufs r3 50c lb S510515 tin N Y douSS? l35"7l Inquire now. ! 9 per cent pure, Quicksilver, - discussed employment was growth, nresi-Coppe- r, TONickIifSCe;.roly,ic ca,heds. Port Colborre, Oont. 94.00c U. debt - free home in cose of death. STREAT0R CHEVROLET 99.9 able has one .. cent pure, lb. Manqan-s- e, injury, property damage claims . pluin wAs46n.v MAIN AT Louis 2.80c first stage motor of the Minute- - James R. Brown, public rela-man ICBM, once had an tions manager for Thiokol, said Utahns. jstate, having been organized F.o.B. Loradoe Texas, bulk 44.00c lb. fnre statehood in 180 Its delivered electrolytic lb.; New York refinery unqc dent, Mr. Dvreng, has been '.b lbLdc n.v. uoo c ib.; st. sociated with the bank tor w e.r five- - consider- - wit-an- d NEW YORK (UPI) Metal prices: alu- minum, primary 99 per cent plus, pure 30 'Of VSn'miie, A year plan calling for Thursday by James M. Stone, but now there are 1.500 on the ing, a missile would be out of the earth's surface and on its the general manager of the Thiokol payroll. bank for so many years, ' Chemical Corps Wasatch Divi- . statement said. Mr. Stone said the company is target. s Thiokol Wasatch Division confident about the future. The Vlist State Bank of Salina also produces propulsion sys- The President's Council, while terns for the BOMARC, was organized in 1907 and for "k GENIE, , A r fh e Thiokol facility. tourin? Poseidon. drolled by many years was CoiiiiCommerce's President's nessed the test of the; The Presidents Council's tour the late II. B. Crandall. It is(Cil, that the company was in Minuteman TCRM firing motor. was the first such tour of a presently owned by 137 stock-- ! Utah to stay. At the observation point from major industrial plant outside of holders, mostly Southern Thiokol which produces the! where the test firii.g was seen, 'the Salt Lake area. - The Manti City bank U10 Oldest Charters Homeowners BRIGHAM CITY , Angus H. Belliston . . . heads merger Metal Market A new low cost A . d the deal why bother? If Gov. Rampton reminded. the that Kennecott s businessmen Thursday held in honor T s company indicated sales corporate franchise tax was 18 for the quarter amounted to bef.'per cent of the total collected in pans $101,671,822, a nine per cent . state and tbat bs payroll , m P" crease over the $93,517,645 re- represented seven per cent of York Citv ' ' ported for the first quarter last jthe states basic payroll, then year. Taking part and speaking said he was pleased that Kenne briefly at the meeting were cott would be represented in "ew .Governor Calvin L. Rampton, New York by someone with supermarkets were opened Harold B Lee of The recent experience in Utah. of the Twelve ,tng the quarter. He also The Mr. Kinrear responded by Ported that in addition to a new,Church of Jesus Christ of saying he would be of more use warehouse being built in Salt Latter-daSaints, who is also to the state in New York than in jLake City, twelve additional chairman of the board of Zions Salt Lake City. I'll be in a spot (supermarkets are in various First National Bank, and Neal to take action without the probjstages of construction at the Maxwell, executive vice of communication, t lems ha time. ident of the University of Utah. said. x have voted their approval, the 000-acr- m J. P. OKeefe, general managBOISE fl'PI) Albertson's er of the Utah Copper Division food of Kennecott Copper Corp., has Inc., BoKe. Idaho-basechain, Thui sday reported earn- - bPn named to the board of directors of Zions First National ings for the fUst quarter ended Bank. 29 June increased 50 per cent Mr. O'Keefe will replace John over the same quarter in 1907, C. Kinnear Jr., former manager President J. L. of Western Mining Divisions, in Company Scott said earnings for the the position, said Roy 5V. 1968 quarter totaled mons, president. $1,431,759 or 25 cento per share Announrement of ,he change as compared to $955,867 or 17 was made at a lor cents per share last year. about business and civic Two of Utah's oldest banks to are seeking permission merge, The Arctic Slope is an expanse of end'ess tundra inhabited only by caribou, w lives and an occasional roving band of eskimo hunters. The area, some 300 miles north of Fairbanks, is a region long eyed with anticipation by petroleum geologists. The U.S. Navy's Petroleum Reserve No. 4 lies to the west Lichfield-Humbl- e of the Atlantic discovery, in an area where the temperature merely toys with the freezing point even during the long summer days wlmn the Arctic sun never gets below the horizon. Located on a 00, block of federally leased land, 'X & Earnings Up 50 Pet. . 'T'.S-'- O'Keefe Named To Bank Board I APPLIANCES |