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Show f "igjn Xf WLf NF "k "WljrHlJirIU w ui JT ti cmm NEW YORK -enters The (UPI) U.S. copper industry 1969 with a lot of catching up to do because of the lengthy and costly industry strike which end this past year. I.I I j Users were still paying premiums of about 6 cents a pound as the market rounded the turn into the new year for metal they couldn't book with he major domestic producers. And, while the producers worked at a record rate (194,490 tons of refined metal in October) they hadn't managed to bring their reserves of refined metal above a one-eek supply. There were signs of price easiness late in the third quarter as independent copper and brass mills shifted their attention from supply to cost. in the Rut a sudden London wirebar price, reflect-- 1 n g European improved , f' yry' yywfr ' I ? 6B Tuesday, demand and some hedging by uneasy currency holders, sent consumers for scrambling supplies again. w The Phelps Dodge Corp. president, George B. Munroe, observed that the future price trend may be affected by the continuing tendency of foreign governments, chiefly Chile, Zambia, Peru and the Congo, to involve themselves in marketing operations. flip-flo- GIs Safer How In I "'8 , I C-t-i f; . V" . December 31, S 1963 said the price probably will Munroe U.S. pre- vail for some time. He also said it is impossible to predict when the next price change will be or in which direction it might move, except that it will move in a in the foreseeable range future. Vice President John G. Hall Co., predicted a steady copper price domesti of Anaconda Car Deals cally. However, he anticipated a downtrend in London Exchange prices. They supply the basis for pricing foreign produced copper and, to a lesser degree, the premiums domestic users have been paying for marginal supplies. President Dr. James Boyd of Copper Range Co., recently observed that the copper market had been able to absorb the 700,000 tons of new annual capacity that came onstream in the past 24 years. vice Peter J. Callahan, Metal president, American Climax, Inc., predicted that free world supply would exceed demand through 1972. Beyond that said Callahan, may be another period of stringency unless copper-ric- h areas in underdeveloped courses "can provide an attractive climate for new capital to finance new Warner, sociated Food Stores, has been named executive vice president of Montana-Idaho-Uta- the firm. Tefroieum To Murray To Block Merger VA. - Ameri- a plastics can maker, Las sued in federal court to block the merger of Atlantic Richfield Co. and Sinclair Oil Co. on the grounds that Atlantic Richfield is trying to of the business monopolize making Irradiated wood plastic Nova-Woo- composite flooring. The suit also asks the court to forbid Atlantic Richfield to acquire Cromar Co., a Williamsport. Pa., maker of parquet flooring. said the land includes some residential property along with land where the Titan Steel Co., the Bullough Asbestos Co., Albertsons Produce Warehouse property, Gibbons and Reed gravel and sand plant, and Zions First National Bank is located. properties W. Martin Jr.f James D. Moyle, William Pabst, John E. Plans are to develop the propRobert OReynolds, Parker, into an industrial area, the George Sage. Robert Setrakian erty said. The land will be L. mayor George Vargas and the Air West Corporation itself, taxed under Murray ord'nances. I The were 15.9 per cent below 1966. televirion broadcasting industry Expenses in 1967 were $1.86 bilreported revenues of $2.3 billion lion, compared to $1.7 billion in in 1967, a new high, and profits 1966. before federal income tax of The three networks and their $414.6 million, the lowest in four stations reported 1967 revenues years. of $1.2 billion, expenses of some The figures released Monday $1 billion and pre-taprofits of Communications the Federal by million. $160.1 naCommission cover the three The three networks alone tional networks, their 15 owned and operated stations and 604 showed profits of $55.8 million on revenues of $953 3 million or other TV stations. The 1967 revenue was an In- 5.9 per cent. Their 15 stations crease of 3.3 per cent over 1966. showed profits of $104.3 million The profits before income tax on revenues of $263.3 million or x 39.6 BRINTOtlS DRYER HEADQUARTERS - tract from the U.S. Army. Marquardt Corp., a subsidiary of the Livestock Groin Futures cniffl CHICAGO 'het 37iN. 1 Co'n (UPI) unchanged. to cent hiohpr yellow 1 1 No. iRpITR 5 1 Automatic Shut Off. Feels the clothes turns tiiem off when dry. Eliminates under-dryin- g g or over-dryin- NSURED. cool-dow- n T Aberdn Adv Fd 9 6h 10 49 Afftl Fd 9 22 9 97 1 1 62 Ail Am 6 W 7 3 Amc?P 3 63 3 93 Am Bus Am Div 12 46 132 Am Grth 7 76 8 43 Am Div 11 Cl 11 01 Am Mut 11 36 12 42 Am Mut 11.36 12 42 3.72 4 07 Am Nat Am Pac Anchror Group Cap Fnd 10 61 11 63 I Div Gr 16 04 17 58 D'V Inv 10 69 11.72 Fnd Inv 12.11 13 27 82 66 Asso Fd AXE HOUGHTON National R0 71 prexel EATON 4 HOWARD: Bt Grwh Income Spec Fo '! 2? 8 62 13 04 sir Ic-- nt Baan Com St Gr 'th Incom fwih y DE514U BETTER BEST As Shown DE720E DE714U $109 $!399S $7995 262-255- Our 47th Yeor, Electrical Sales, Business and Small Industry. 9 34 54 39 90 11 10 17 9 45 4 2a 2 30 9 82 9 66 2 61 10 73 10 56 GROUP: tp 11 81 12 f! In 114312.9 Cw Inv XI0 67 11 63 Cw S' x'l 09 12.12 COMMONWLTH 4 4 B D .. Co Comp Rd Con-- p Fd Com. Concrd Cois Inv iCnsum I Conv Sec 'Corp Ld .entry ,Crown W ideveh M iDecalr Dfa Fd Delta D.v.d Sh Inc lnvC JlSf Fit Inv S Multi 10 86 F'elchr C Di-i- Friday jr y 'til 6 til 9 . . . youll bo Store Front Parking 1.211! 1.224 .721 .721 .714 .721 .66 .69 .65' .64 .7? .69' .651 .641 .66 .65 .21 4 17' 1.20 a 1.224 1 1 a .21 g OATS Mar May Jiy Sep RYE Mar May ,695i .66 .69H .641 .644 i 1.20' 1.2114 1.22 1.2244 1.20' 21 Jiy 1.2! 4 Jan 2.60VB 2 64 2 66 2 67 1.22ll Sep SOYBEANS 1.20a 64i 664 .69-- 20' 1 a 1 20' 1 '4 1.21 1 214 1.224 1.22.. 1.21 1 21 1.22 2 60 2.637 2 4 1.2234 2 60' 637 2.597 637 2 661 2 66H 2 641 664 2 664 2 664 2.614 2 617i 2 614 2 4334 2 484 2 484 2.424 2.427i 2.42si 2 2 67' 2.62'4 2 62' 4 487i 2 i87i 2 2.43 4 1.20'1 2.60 2 2 2 2.43' Metal Market Egg Market Mediums unup one cent, others changed. Prices to retailers, Grade AA Extra Large. 52 to 55; Grade AA Large, 50 to 53; Grade AA Medium, 47 to 50; Grade AA SrTTall, 37 to 40. Prices to producers, Grade AA Large. 39 to 425 Grade AA Medium, 36 to 39; Grade AA Small, 26 to 29' i. 82 1 2 02 2 11 05 12 II 0; 11 12 08 13 6 23 6 20 9 20 14 53 IJ 34 13 2114 12 09 )8 15.52 15 1 ( 92 23 Fnk Fnk Fnk Fund Gen Ivy Fd Jhnstn KEYSTONE: 20.50 Cust 22 26 Cust Cust 10J7 9 73 l Cust 6 66 Cust 22 93 Cust 12.91 Cust 9 63 Cust 3 9.34 Cust 6 23 Polaris Kmkr 873 (nk Gth Lexmg Lex Re. U 40 GLAD you did! 4700 S. Sfote, Murray li Cl Gbr H8.C LV Ho'act Hup Fnd 13 81 91 Imp Cap Imp C.r Inc Fd 25 93 44 23 78 14 .3 15 77 16 53 18 07 9 76 10.671 4 04 4 4 9 50 6 09 9.23 SO 11 84 11 99 13 14 12 51 12 71 11 49 . TO I 7 47 14 43 15 8 3 12 13 17 19 81 27 02 79 15 09 GROUP SEC: 10 48 11 46 Aerosp Com St 15 30 16 73 Fui Ad 10 07 11 00 Grm Ind 23 36 24 07 22 68 24 79 Gryphn 28 74 20 74 Guard Ham hda t 26 6 64 70 1 85 Hanover 20 43 22 33 Harhvel 98 CS I nc Bost 17.36 16 9 16.58 17 27 12 99 2 99 8 98 6 50 6 81 7 46 5 10 9 14 8 13 15 8 6 16 Lib-t- 5716 y Lite Gr Life Ins Lmq Fd Pioneer Planned 15 59 17 04 15.77 17 23 x8 34 5 62 8.24 21.40, 24 29 11.32 10 63 7 271 25 02' 14.09 10.52 8 02 6 82 9 57 FUNDS: Equity Geo Grth Inc Inv Vista . Rep Tech 6.69 7.6 17.58 19 21 Revere Rose L M 10.72 11.72 18 90.12 Schustr SCUDDER FDS. 16.89 17 14 44 J1 44.31 17.46 17 46 12 55 12 55 16 27 17.59 18.96 20.72 9.42 10 30 12 44 13 46 19 12 20 90 12 84 14 03 10 78 10.73 10 53 11 38 16 40 12 96 6 42 6 42 57.54 68.00 20.ll 9 11 6 14 9.00 .. SAYLES Can Inf 41.73 41.73 Sel Spc Cap Dv 14 73 14 73 S gma 17 24 17 24 Smith B Mut Vanhtn 1069,168 Swst Inv Mass Fd 13 66 14.93 Sovr In Mass Gr 12 93 14 13 Sr Farm Mas Tr 17.79 9 44 State St 26 58 26 58 STEADMAN Mather McDon ii 39 12 48 FUNDS: 7 81 8 54 Md Am Am ind 15 7117.17 14 22 Oil 9 74 10 64 20 Co dys Fidcy 7 17 7 84 Mdvs Fd 16 37 17 87 Set Gr MORTON FDS STEIN ROE FDS: Mrt Gr 15 93 17 401 Stem R 23 74 23 74 5 39 5 91 Mrt Inc Stein In 18 95 18 95 Mrt Ins 9.29 10 18 Stem St 16 55 16 55 Mlf Fd 8 06 8 83 21.60 23 35 Sup Inv Mtf Gth 6 61 7 15 Syncro 13 36 14 60 Muomha 6 01 6 93 TMR Ap 29.51 32 25 Mu, Snrs 24 25 24 25 Tchers 12.66 13 19 2 93 2 99 Tech Fd Mut Tr 9 05 9 86 Nea Mut 12 11 12 36 Tmplln 21.34 2? 32 11 39 12 33 Tex Fd Nat WS 13.09 13.31 Nat Ind 13 67 13 67 Transm 11.19 12.16 8 51 9 20 TwnC Nat Inv G 6 52 7. 3 NAT SEC SER TwnC I 6.33 6 92 14 14 12 94 Baian 12 64 13 81 Unif.ed 7 23 Omfund 12 30 13.45 6 54 UNITED FUNDS 9 50 8 49 9 28 Accu 7.14! Intern 16 19 17 68 10 68 11 67 Seen 9 75 10 6 86 05 78 37 69 46 38 15 52 11 85 12 95 Un F Cn 7 87 8 60 7.07 7 75 VALUE LINE FDS Nal Wst 3C IS 30 45, Neuwth Vel Lne 10 73 H 76 New Eng 1190 17 86' Vl he 7 29 7 99 New Hor 33 11 33 '1 Val Spi 11 19 1? 56 New Wld 16 39 7 91 Vndr't 1C 67 11 66 17 51114 Newton 6 29 6 87 Vanyrd Neast IT 17 82 17 82 Varied In 6 23 6 77 10 47 1' 44 Ocean Viking Gr 8 73 9 4 10 33 10 43 WallS In 13 04 14 30 nega 1Q0 Fnd 17.95 19.62 Wsh Mut 15.34 16 77 23 SO 25 00 Well Fd Onell 13 18 14 33 One Wm 17 86 17 86 West Ind 9 36 10 23 9 75 10 66 Whllhl 16 72 18 01 Opoll Penn Sq 10 25 10 25 Wnd.or 20 56 22 3 Panna F 21 65 23 65 Wlnlld 16 29 17 80 Phil Fd 16 00 17 53 Wiscon 8 41 9 19 12 16 13 29 Worth 6 47 7 06 Pllgrm 9 74 10 64 x- - ex dlvend. Pilot P.nt St 12 87 12 87 69 DODGE P0LARA CR MONACO with AIR CONDITIONING a DDDGS S. 36 10 06 44 10 26 Inc. Bid Asked v! 5 oA 18 88 11 E3 79 10 64 18 15 50 48 9 2T 60 ,4 Int Fnd 60 12 Ind Trnd 03 8 ind Am 7 74 Ins 4 Bnk 19 17 lnvC Am 15 46 15 Inv Ind ,nv Ros 14 0 7 5 INVEST GROUP; II 36 12 Mat 22 66 24 Slock 68 or 9 9 Dealers Ask LOOMIS 68 57 44 7 55 Ut 2 76 In Am 11.70 Sec 13J5 Gr 17 09 IDS ND 9 Gr ISI Ir.c III 1,7 82 19 82 19 1 CUSTODIAN Fnk Cm Bid 12 49 13 57 14 76T15 13 8 12 8 83 16 69 18 24 Fielchr F ;.i o Fia Grlh 9 , 5 1 0 00 6 ' 0 6 66 Fnd LI Fnd Mut 9 35 10 22 F 5.17 16 58 ou: FRANKLIN AS LOW AS Open 1.2241 Select Var Pay Inv Res' (stel Fd PROGRAMS: 8 Dvn 5 Ind BRISUTON Installation for the Home, Service, 4 1.21 8 14' 19 18 19 18 16.37 17 87 14 CHANNING FUNDS; Cw B 'OSMF CrtSSaMJItf 1.23 Asked Emp Grp 15 58 16 93 16 16 16 16 Energy Ent Fnd 1) 89 12 99 12 23 13 22 Equity Fqt G A 22 14 24 26 18 48 20 09 Essex 20 00 21 62 Everest 28 65 30.48 Exl cd 15 69 17.15 FalrfW Bur 13 47 13 47 E' Fund Cdn Fd leap Inc Cap Life CG A C dfr,ir 14 9 8 55 56 51 56 Sk id TRUST. GOOD 1.184 1.20V 2244 Association of Seeur'tles Bid 13 ?5 95 20 80 22 49 COMMOWLTH FUNDS: Safe, consistent electric heat PAQmNG 1.17H ?3,2 - Fnd BOS 14 40 15 74 115 73 120 87 Front 15 86 17.33 ST Chen Fd 19 01 20 78 6 07 6 63 Cv, Eqt 1 4 0. i 5 36 Col Fd 8 75 9 56i Col Orth CmSt Fd 5 65 6 14' Fluff cycle LOCATIONS 18 1.214 Wool Market 51 .CitroE Porcelain door and top Variable time dial control 01121 Q3NVENIEN'LQFFCESjO,SERYt 1 1.201 1.23 ypi'ow No 4 yellow NEW YORK (UPI) Wool tops futures opened I to 13 points h gher on the New York Cotton Exchange Tuesday. Prices: March (1969) )62 2B. May )62 5B, July 16? 5B, Oct 162 9B, Dec. 163 2B, Merch (1970) 163 SB, May 163 5B. Gre: wool futures opened lower to 3 higher March (1969) 119 0, May prices1H9B, July 119 05B. Oct. 11918, Dec 119 JB, March (1970) 120 IB, May !29.C 10 Bost S 9 Bost Fd Bread St 16 B YUHEI OthTEAB 1.17 Oa!s unchanged. No 2 extra heavy1 NEW YORK (AP) Spot nonferrous white ,73Vj N. metal prices Tuesday. Copper cents No 2 plump 1 2hN. a Rye uncharqed. pound, Connecticut Valley, lead 13 teed Barley; Malting N; .7080 cents a pound, New York; line 13a cents a pound. East St. Louis, tin $1.60 pound. Soybeans tj cent higher. No 1 yellow New York, gold $42 05 per trov ounce. 2 62' track j. No 2 yellow 2.60-New York; silver $1 935 pe' troy ounce, New York; quicksilver $533.00 nominal per flask. New York. B 'ibum::ira2E0i CONVENIENT 2 18; No 2 o DEPOSITS CORN Mar May Jiy Sep Jiy .fJJJtJl'E" 74,9 cf? ?rm Ajfit1 54 !i! Fid Fund Axe $d f,Sf.S02x Ei?..1. ?' FINANCIAL Perma-Pres- s Close Prev. Open Hign Lew WHEAT 1 34 Mar 1.343i 1.333i 1.34' 1.334 1.36H 1 37' 4 1.36Vfc 1.363-36' May 1 3441 1 33n 1.34' JlY 1.337i 1.33! 1.36' 1.36?i 1.36'! 1.36 1.36' 4 Sep Aug Sep Cash grain sales: Nov 2 No soft red Nn 3 vellew The Mar May Cash Grain A iSKEUIIHiHD air Mutual Funds WffirQto OGEES SAVAILABLE Corp., employes some 375 persons at its plant near the Ogden part. It manufactures military and civilian aircraft components. NORTH SALT LAK- EProducers Market Monday Livestock lb auction: Hoas U S and 2 butcher hegs 17.72-125; cattle receipts 7)9 head all classes of slaughter cattle steady. Cows High canner, cutter and utility cows .25- - 50 higher; canner and cutter cows mostly 15 20; utility and com. mercial cows 17 cows 60; standard 20 50; feeder cows 15.25-120; good and choice veal calves Slaugnter bulls mostly 22.6023.4; fed steers and heifers absent Feeder cattle: Quality cf feeder cattle not as attractipe as in past week; market stee-- s ') lb feeder steady; good 25 lb 23 20; good Holsten feeder steers 22 80; medium to low good all weiqht feeder steers 21 ? 75; good 300 375 lb steer calves CO lb feeder 0h; steers 29 lb feeder heifers 00; good 4 0 24 00 ; lb 22 60; 900d 300400 lb he.fers calves 26 5026 90. New York (UPI) Asked B0 E5E(iI!inH90jiO mu) (rpETirrurc? Total demand for petroleum products including domestic consumption and export requirements averaged 13.3 million barrels daily, an increase of almost 700,000 bar-rd- s a day, or 5.4 per cent, over 1967. OGDEN (UPI) Termination notices have been given to 150 workers at the Ogden Division of Marquardt Corp. at the firms Clearfield rocket fin assembly plant. Officials said the jobs were cut because of loss of a con Free Delivery & Brinton's Own Service & Easy Terns CQ3K1UO HERD Highs Marquardt Terminates 150 per cent. The breakdown for the 604 other stations showed profits of $254.5 million on revenues of $1 billion or 24 per cent. Profits declined for all despite increases in revenues. Time sales for the networks and all stations were $1.8 billion in 1967, about of 1 per cent above 1966. National spot sales in 19u7 showed no change from 1966, but network time sales declined by 12 per cent while local-tim- e sales increased by 5.5 per cent. (AP) d He (AP) -- ord levels in 1968, the American Petroleum Institute Monday in its year-enreview. Wil- TV Industry's Revenues Hit Peak, But Profits Dip WASHINGTON WASHINGTON 13-1- 1. ena-jsep- Provide for civil relief in insufficient funds collecting checks. announced today by Mayor liam E. Dunn. than 50 per cent of the Air West stockholders approved the sale to Hughes at $22 a share. But the Air West beard of directors voted down the industrialists offer Saturday Industry-Reco- rd Nearly all phases of the petroleum industry operated at rec- y ., SAVINGS assistant general manager of the Salt Lake Division of AsGill during the same period i year ago. The finance industry is the most optimistic of the industry categories for the first quarter of 1939 ; 93 per cent of the panel members in that category anticipate their business for the coming quaiter will equal or exceed that for the first quarter of 1968. The biggest increase from the last survey was an eleven-poin- t jump fht e finance group, jump by the finance group, tered by the construction industry, which fell to 66 per cent expecting their coming quarter business to equal or exceed last years first The economy of the 13 Western states will start the New Year in a favorable condition, according to the latest quarterly survey of businessmen taken by the Prudential Insurance Co. of America from its western home office. surOf 1,C00 businessmen veyed, 72 per cent predicted business in the first quaiter of 1969 would equal or exceed the fourth quarter, while 83 per cent predicted it would equal or exceed business in the first quarter of 1968. reh The gion had an optimistic outlook with 89 per cent of the respondents believing business would equal or be better than Land Goes one-ha- lf o West States In Good Shape St. Louis said that the Hughes offer, which expires Tuesday, would have involved a transaction "in excess of $150 million." He said the book value, or physical assets, of Air West were About 50 acres uf land belisted at $20 million a differ- tween State Street and Second ence of $130 million. West a..d 4300 South and 4500 South has been annexed by the During a two-dameeting in of Murray, it was City j 1 41 Attorney Robert St. Louis of Seattle said the suit filed in New Castle County, Delaware, asked the court to order the defendants to approve the sale. The suit also asked that the 13 defendants be ordered to pay any damages which the individual stockholders might sustain as a result of their refusal to sell to Hughes. Fifteen legislative proposals on the basis of a federal income for the 1969 Utah Legislature' tax return. WAS HINGTON -F- were endorsed (AP) Monday by the1 . f inent setting aside Monday holidays' Area Lake Salt Chamber of salesautomobile raudulent for Washington's birthday, Me- Commerce. men who have bilked American Imorial Day, Columbus Day and Contine servicemen out of thousands of Bills endorsed include: Saving Daylight yeterans pay Time. dollars are being driven out of An increase in the local op The Chamber also supported business in the Pacific military Creation of a public transit .. ... tion sales tax by per oommauds, Rep. Frank Annun-zibllls dealing witn extending district or districts capable of, said Saturday. 'operating mass transportation power to the state for regulation solic-th- e A boost In the motor fuel in the metropolitar areas of of all types of insurance direct mail or advertise- Utah. by for to In! seven cents tax from six jited operating Vietnam, Korea Japan and collector roads. scrap Saltair and abolish Utehb o er areas w ere we ave Creation of a single board of the Great Salt Lake Authority.! creating a research park; h troops in the Far East but they administration for institutions of Support creation of a recrea-- ! the Utah Constitution to be' tjjng are hot operating openly and I higher learning in Utah rather ion area on the south shore of amended an article at a time, feel certain that our rf,ni!ithan strengthening a coordinat- - the Great Salt Lake to be oper-janwage and salary classifica-- i are now aware mat xney lated by the state or Salt Lake1 jon for state councj not jng employes not deal with anyone but an au'under merit s'stem- thorized factory dealer or repre--A measure providing f0rlCity'CUntystatus Change prosecution sentative, he said. computation of state income tax of bad checks of less than $100 to a misdemeanor rather than a felony. G CORNER ON COMMERCE SEATTLE, WASH. (UPI) -More than a dozen directors and shareholders of Air West Monday sued the 13 directors of the airline who vetoed a bid by industrialist Howard Hughes to buy the West "oast carrier. Proposals Endorsed RICHMOND, nt.(iir if' m Air West Directors Face Suit S.L. CHAMBER ACTS 15 u Per Month mVM State, Murray, Utah 266-354- 3 |