OCR Text |
Show i le aqiPyWy wyiiintwi m&rgy Etesoyrce Demands To Soar A 75 NEW YORK (AP) per cent increase is expected in the nations energy resources requirements during the 15 yeirs ending in 1980, compared o the previous 15 years, Chase Manhattan Bank said recently. The bank, In its report Outlook for Energy in the United States, said despite tie increased demand there is no reason to doubt the naover-al- l energy requirements between 1965 and 1980 can be accommodated. s We will need more oil, 100 per cent more more natural gas, coal and nearly twice as much water power. Our utilization of nuclear energy will soar from virtually nothing to an amount in 1980 equal to as tions two-third- one-thir- d Insurance Salesmen To Receive Honors . ij :.4f s C. Of 4 $j & c. Work Program Outlines Civic Goals the membership as a , from analyze any possible federal Deseret News Business Editor 'nancial cooperation for the Salt" Palace complex to include, if! Under its new organization Thft S3.lt Lake Area Chamber the Chamber is now upcessary, the changing of state1 structure, of Commerce's new Program aws of five membership composed Various businessmen of Work, includes repeal of the each witn its own set councils, ai have said that rnoney inventory tax, more equitable read t on lhe civic audit0. of objectives. They are: and evaluation of irium complex could act as'nomic development; community lands, and improving the busi- - seed-- . ,noney for federal re-- , development; government and ness climate. public affairs, urban affairs. newal grants. and internal operations. One of the goals that of to transfer surplus Also qualifying as a long working lands at Fort Douglas to the 'range goal is work to improve University of Utah for a financing and reorganization of research park, has already been primary and secondary educa-partlEASTMAN tion, to improve the administra- accomplished. maximize the Members of the Chambers 1'tion of justice-tboard of governors received a potentials of Great Salt Lake, brochure at and to support technical and! handsome, trade schools. their fi-- F.y DON C. WOODWARD Wednesday, October 23, 1968 6D much as 20 per cent of all energy consumed by the nation only 15 years earlier. Kennecott Replies To FTC Charges The report said oil was expected to remain as the single largest source of primary energy in 1980 and natural gas in second place. Although coal will encounter substantial competition from nuclear power, it will nevertheless show important growth, and will be the third largest source of energy. Nude a r power, insignificant today, will produce more than d of all electricity generated in 1980. WASHINGTON (AP) -R- " Trade Commission (FTC) charges of monopoly stemming from its acquisition of a coal conlpany, Kennecott Copper Corp. says its principal motive was eplying to Federal one-thir- has had, and is calacquisition culated to have, no economic effect other than to afford Kennecott, as a copper producer, needed investment risk diversification and a needed opportunity for expansion. - y HATCH regular breakfast meeting AND COMPANY Tuesday, outlining objectives The Chamber also said it will The report said that while for the coming year. The publi- try to expedite a program for, nuclear energy, water power cation is part of a general beautification and improvement The FTC complaint of Aug. 5 and coal would be able to charged that Kennecotts acquistrengthening of the chambers of the Salt Lake area business CONTINENTAL BANK ILOO. Twelve Utah insurance sales Newey, M. Darrell Nllson, Wil- meet the anticipated demand sition of Peabody Coal Co. of St. internal organization and fund district, PHONE Pierc. S. lis to G scheduled receive Lloyd Peterson, men are on them through 1980 they Louis, one of the nations leadraising capabilities. The specific work will come1 Life Underwriter and Dix K. Waddell, aU of Salt are not expected to satisfy ing coal producers, had the Chartered Besides those mentioned, the BOISE (UPI) The Morrison of effect of lessening competition (CLU) designations this evening Lake City. much more than Chambers short-rang- e objecKnudsen announced Co., Inc., G. Hansen, the nations at ceremonies at the Unitersity Also, Delwyn total energy substantially in the production tives include work to oppose the been it has awarded of Utah. Roy; Hal E. Holmstead, Ameri- requirements. And petroleum-oi- l and sale of coal, particularly In Tuesday taptementatton of the classified five construction contracts can Fork, and McCord MarBETTER DEAL YOU GET and natural gas will be the Mountain States. Kennecott have 12 tax (an indlrect refer men The completed shall, during! more than $42,000,000 Ogden. called upon to satisfy more asked dismissal of the com- ing ence Green Belt amendto the all requirements for the profes' the last six days. than 70 per cent. ment which faces voters in the sional designation, which will be plaint In its answer made public WHEN YOU DEAL WITH J. B. Bonny, chairman and coming election) and work to said Produce Market The giant handed to them by Carroll copper Tuesday. to concludes that proIt of said the the bepresident, largest into coal establish a transportation auWalker, CLU, president of the CHICAGO (UPI) vide the energy the nation it was branching Prlduce: is a new 'ron tracts is $25,377,000. It thority for the Salt Lake City American Society. The meeting Poultry: Roasters 2526'; special fed needs, the energy industries cause the copper business was awarded by the California Rock fryers 2021. Is scheduled for the Panorama White metropolitan area. Cheese: 5 lb. processed loaf must generate from their op- risky one, beset by crippling of Water Resources ChedDepartment Muens'er upand 5360V; Other objectives: home at strikes political br.t Room at the University begin- dars: amounts tremendous erations longhorns single daisies of construction - producing and covers A determined program to in heavals Swiss copper 3457W; 40 lb. Ablocks ning at 7 p.m. The FAST Way To Solve too few to report; of capital. And, obviously, if (wheels): grade as well as increasing Cedar Springs Dam, 15 miles modernize local government at nations, must grade B too few to report; grade C too to do are Guest speaker will be Arthur few that, price they Calif. of San north lb. blocks;: grade A to report; Bernardino, Your materials from the earliest time and the most Transportation Problems P. Carroll, CLU, of the Equita- 6044; qrade B not only be adequate in rela- competition grade C 'manner. aluminum. and Wholesale prices as reported by the such as appropriate plastic ble Life Assurance Society, San Chicago Mercantile Exchange tion to costs but it must also Set the penalty for vandalsteady: 93 score 664; 92 score be flexible free to move up Francisco. About 175 insurance Butter There is no functional relaMutual Funds 90 tcore 4514; 09 scora q2 carlots: ism the same as for larceny, 663A; 89 score 62 d men, bank trust officers and 90 score unsettled: tionship between copper and and down as the white large extras 36; and make the City Courts a Eggs Quotation. the Tuesday1. Kennecott mediums co?: said, adding untraded; professional organization rep- mixed largs extras checks relationship dictates. National court of record. New York (UPI) 24. standards 35; resentatives are expected to 3)'; of Securities Dealers, Inc. Potatoes: total U.S. shipments: 243; old Incorporation of the Utah and new arrivals 26; track 91; supplies attend. Bid Asked Bid Asked Council of Economic Education light; demand light market steady. 1A unless 9.56 10.28 3 38 3.69 Select Aberdn The awards will be given to Track .ales: (100 lb. U.S.Dakota Red otherwise North Var Pay 9.7610.61 into the Salt Lake Area ChamAdv Fd 9.36 10.23 F. Kennard Barson, Howard J. River Valleynoted): round reds 2.75; Wisconsin 16.56 18.10 Affil Fd 9 79 10.59 (vest I-ber of Commerce. AH Am Burbank 3.60. 1.39 1.52 KEYSTONE: H Brin ton, Ralph D. Gardner, Russet 3.84 4.16 Russet BurCust B 21.29 22.22 Am But Street sales: Insure that legislation on 22.80 24.88 Cust Am Div 12.2413.38 lower Ratet Bettor Service Coiorada Russet Burbank David M. Kelly, Joseph M. bank 5 90.6.25; 9.7310.62 air and water pollutron is impleMinnesota-NortAm Grth 7.71 8 38 Cust Dakota round .79 8.51 Cust Am Inv 10 68 10.68 Wisconsin Russet Burbank reds 3 23.43 25 M mented in a realistic way to Cust Am Mot 11.11 12.14 round reds t.75-- 00. Cust S 2 12.68 13 84 insure clean AXE Onions: arrivals 5; track 30; supplies air and water for 9.96 10.87 Cust HOUGHTON: market fair demand moderate; ttaady. 7.29 7.96 the Salt Lake area. Cust AxeH A 9.60 10.43 Track sales: no early sales. 8.79 9 63 AxeH B 11.2812.26 Knlkr Street sales: Idaho yellow Spanish e As 11.4616.52 AxeH St 9 03 9 87 Lexmg objectives, the Colorado large 2 Axe Sci 7.90 8.59 Lex Res 17.8012.45 he yellow the large 2.25-- 40; medium Co. not affected ,by 5 75 6 08 Chamber says it will work to change, Harvester 9.02 Life Inv Babson 9.02 International 2.00-Illinois medium 25; Michigan 8.73 9.54 Blue Rid 14.76 16.13 Life Stk more efficient and pro1.75--1 85; Illinois small 1.25; Wisconsin said it was splitting up its said. 11.01 12.03 promote Bnd Stk 8 11 8 86 Manhtn medium 2 002.15; white Colorado large today 13.02 14.23 fessional law enforcement G. Mass 10 89 St Bost 9.96 the said Smith company agenmedium 2.65-- 90; IdahoOregon Lake City Farm Equipment! Mr. Salt WS 12.39 Nat 1145 9 66 10.49 Bost Fd 521-41- 00 AND COMPANY arg 3 25; mediums 3.50. cies by supporting a Peace OffiBroad St 16.31 17.63 NAT SEC SER: District between its Denver, would probably maintain a Builock 12.67 13.85 Balan 17.26 18.92 cers for in Lake Salt dish-infwarehouse 6.49 7.09 City Training Academy. Fond C G Fund 1ft 78 11 75 Portland and Oakland Divtd 5 82 6 86 19 67 21.29 Egg Market Fd Another long range goal is to distribution to farmers in this Cdn 8 59 9.39 Pf Stk 9 62 10 54 Cap Inc Salt Lake City area. Otherwise, he said the Cap Life 9 97 9 81 Incom 6.54 7.15 Lyn J. Smith, Prices Wednesday market unchanged. 10.2811.23 Stock te retailers delivered to stores in cartons; district Shr 13 64 14.96 manager, said the con- local operation, which is located Cent Grwm 12.1513 49 CHANNING FDS cases exchanged: Grade AA Large 14.33 15.66 One Wm 17.72 17 72 AA Balan Medium Grade Grade AA solidation will be made to better SSE.311KPIE 9 44 10.32 at 1901 S. 2nd West, will close Com 2 25 2.46 Opph St Small Grade AA Large 12.04 13.02 Grwth 9.40 10.27 Puritan Prices to producers: Grade AA Large serve dealers and customers in by Nov. 1. PUTNAM 10.40 9 52 Incom Grade AA Medium 2833; Grade this area from district offices 4 04 4.42 FUNDS: Twenty-seve- n AA Small Sped people will be Chem 16 2217.73 Pd 19.93 21.68 Equity with larger staffs and improved affected 16 88 18.45 Geo 5 97 6 52 Eqt by the move, he said. Col 14.53 15.87 Grtll 14 89 16.24 Col Fd facilities. The Salt Lake District 9 97 10.90 Inc COMMONWLTH Inv 184 9 66 district is now the smallest FUNDS: Debits Bank Cwn In xll .93 13.88 State St 57 .00 57 35 office in the nation. Oivld Sh 4 05 4 44 STEIN ROE FDS: Stem R 23.46 23.46 Dow Ttl 8 84 9.56 Oct. Ur 1968 Salt Lake Motor Truck 16.05 17.52 Stem In 18.9 18.9 Dreyfus $49,885,751 bank debits 6.9 6.98 14 9616.26 TwnC G Tuesday's Fid Cap 400 317 is E. South, District, at $37,725,145 Same day last year Fid Fund 20.91 22.61 UNiTED FUNDS INSURANCE Idaho Company Wins Contracts 359-77- one-fourt- h A NUMBER RENT supply-deman- Farm Equipment To Close S. L. Office n h ar Kton CARS or - LEASE TRUCKS 1 2 1 449 3 SO. MAIN long-rang- 2 Phone i 2 2 Insurance 43-- A I-- I-- Fid Trnd 32,.09 34.88 FINANCIAL PROGRAMS: 8.35 9.14 Dyn Ind 5.54 6.06 8.22 9.00 Inc GROUP SEC .3.71 11.71 Aerosp Com St 15.63 17.09 Fui Ad 10.3511.32 Ham hda 6.10 6.67 Inc fiost 8 37 9.15 INVEST GROvP 11.37 12.36 Mut 23.72 25.78 Stock 8.90 9.73 Accu 16 25 17.76 Incom 10 09 10 99 Scion VALUE LINE FDS Vai Lne 1 .41 11.41) Val Inc 7.14 7.82 Vai Spl 106311.65 5 96 6.45 Vangrd Varied In 6.18 6.72 Viking Gr 8.49 9.23 WeilS In 13.22 14.45 Wsh Mut 14.85 16.26 Weil Fd 13.93 15.14 21.79 23.68 Wndsor Grain Futures Mixed At Open CHICAGO (UPI) Corn, rye and were fractionally higher, wheat mixed and oats unchanged at the opening today on the Chicago Board of Trade. Wheat was off H to up Mi cant; corn up V to Vit oats unchanged; rye unchanged to up V; toy beans unchanged to up w. Wheat? corn and rve wera fractionally higher, oats and soybeans mixed a the close Tuesday on the Chicago Board of Trade. Estimated car lot arrivals of grain at Chicago today: Wheat none; corn 55 i(CCC 19); oats none; rye none; barley 1; soybeans 88 (CCC 11); total 144. The prices: Wheat: December 1254 to H, off W; March 131V, off W to Hi May 135 to to up Vh. 135V, unchanged Wool Market 247 SOUTH MAIN PkoM 323-063- ELKO 1 TRAVEL BUREAU This if Ml am offering of then shares for sale, or an offer to buy, or a solicitation of an offer to buy, any of such shares, T he offering is made only by the Prospectus. 1,050,000 Shares Western Gear Corporation state that Senator Dennett You will not meet you in public, in spite of the following record: On October 7, 1968 Senear Bennett appeared with you at the Holiday biiore the Utah County Doctors and Dentists. Inn in Provo, futWool top NEW YORK (UPI) ures opened unchanged to 12 points lower on the N.Y. Cotton Exchange this mornI ing. Opening prices follow: Dec. (1968) 165 0 bid, March (1969) io5 0 bid, May 165,7 bd, duty 165 8 bid, Oct. 166 5 bid, Dec.1 166 8 bid, March (1970) 167 8 bid. Grease wool opened 6 points lower to 1; point higher. Dec. 121.2 bid, March (1969) 1212 bid. May 122 2 traded, July 122 0 bid. Oct. 122.6 bid Dec. 123.0 bid, March i (1970) 132.2 bid. Senator Bennett appeared with you ot the Ramada inn in Salt Lake City, before the Salt Lake Bar Association. This was covered by both Television and Newspaper reporters. C05VZ? WGMi Senator Bennett appeared with you at the Rodeway Inn in Salt Lake City, before the "President's Breakfast" pf the Salv Lake Chamber of Commerce. .This was covered by both Television and Newspaper reporters: IELERH0N0 Common Stock On October 9, 1968 On October 17, 1968 On October 25 Senator Bennett will appear with you at the Hotel Utah, before the Salt Lake Exchange Club. TV and Newpaper coverage is expected here also. (SI par value) Price $21 per share There were two other appearances scheduled but cancelled, as follows: Copies of the Prospectus may be obtained front such of the undersigned as are registered or licensed dealers or brokers ta stcunluj m this Stale. Oil October Blyth & bwanM Glore Forgan, Wm. R. Staats Inc. Eastman Dillon, Union Securities Goldman, Sachs Halsey, Stuart & Co. & Co. Loeb, Rhoades Lehman Brothers Paine, Webber, Jackson Stone & & & Coj & Co. Inc. Lazard Freres & Co. & Smith Smith, Barney & Co. Kidder, Peabody IkhmiiM Co. Merrill Lynch, Pierce, Fenner On October 18, 1968, before the Provo Rotary Club. You were forced to cancel. TEL-CO- M Curtis & Hutzler CALL SEND Incorporated Webster Securities Corporation Francis LduPont, Salomon Brothers A. G.A!iyn,Ioc. Wertheim & Co. White, Weld & Co. Dean Witter Incorporated Good body & Co. & Co. Ml NAME ADDRESS - - 364-912- 7 THIS IS THE RECORD, MR. WEHENMANN-A- ND YOU KNOW IT, BECAUSE YOU WERE THERE. IN VIEW OF THIS RECORD, HOW CAN YOU SAY THAT SENATOR BENNETT IS AFRAID TO MEET YOU? A FREE BROCHURE KEEP IN THE SENATE Z,P PHONE October ?.3,I96S ASSOCS. 328 W. 2nd So. incorporated & on Station KUED. Senator Bennett was forced to cancel. Co., Inc. The First Boston Corporation Drexel Harriman Ripley 3, 1968, MM h, t..H UmmltH K.M (hMnr, CK.S,... y. r. |