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Show Computer aide to head group Economist urges basic courses DESERET NEWS, THURSDAY, MAY 2 routes coal order YORK (UPI) Kennecoit upper Corn is considering several methods of divestiture of Its Peabody Coal to. subsidiary to comply with the ederal Trade Commission while seekof the order being reconsideration cause of recent changes in the coal industry, the president told the annual meeting. Frank R. Milliken, president, said without lessening our efforts to corn-p- l with the divestiture order, , e haw ut the same time pursued ad legal ,i enuos open to us to seek reconsideration of the order because of the tmidainental changes that have occurred in the coal industry since the 19U8 .uquixition. Milliken said the L'.S. Court of ppeals in Denver has scheduled a hearing May 21 on Kennecotts motion tor reconsideration of the FTC divestiture order, which became effective pril. 1H74, after prolonged litigation lollowing the acquisition of Peabody in NEW Milliken said members of the Utah Industrial Development Association Executives (Utah IDEA Making the explana lion was John DaPonte, executive secretary of the Foreign Trade Zone Board, Department of Commerce, Washington. DC. Salt Lake City is in the process of applying for a I "has loreign trade zone success m its DaPonte was in Salt Peabody achi'1' ed a degree of effort to renegotiate these contracts, but even after renegotiation, coal prices have not lieen raised sufficiently to establish adequate Lake City to study the He; citys at application. a noon luncheon spoke ; at the Rodeway Inn. "Salt Lake City has the opportunity of being an international port of entry with approval as a profitability." , In some cases, utilities have not lieen willing to "enter into meaningful negotiations, lie said. Peabodys average domestic price lor coal is still only $10 a ton, he said "Obviously, Peabody's coal prices must be increased substantially and this objective is the primary concern of Peabodys management." Pea-bod- v "No choice has yet been made' among them, he said The private sale Well is abandoned by Ladd Petroleum foreign trade zone." DaPonte said The city corporation acting as the sponsor, receives approval, then leases the approval to an industrial park which will serve as the agent tor the city. The advantages of the trade zone are lor busi ness involved custom duty lates. Some hrms pay so little, or deal m products that have no duty, that custom rates are not important to their business. But about hall oi the businesses in the United States importing and exporting, are concerned about duty rates and a trade zone allows them to ship in and out before the custom rate applies. Pipeline firm asks SEC ok Northwest Pipeline Corp today announced it has filed with the Sec- Petroleum has abandoned their No. of Moab Federal well, about 21 miles It was drilled to 9.443 feet according to the Utah Ecological and Mineral Survey. Ladd urities and Exchange Commission a registrafor istion statement suance of $33 million west-northwe- st aggregate Willard Pease Drilling completed its No. Kewanee flowing 9,100,000 cubic feet of gas per day from the Dakota formation in the North Cisco Springs vicinity. Its total depth Is 3.131 feet. Production casing is lxdng set to 8,070 feet at the William Helis No Ml Skyline-Federa- l well in the Long Canyon area west of Moab. Tests are scheduled to begin In Sanpete County, just south of Moroni. shortly Hanson Oil is drilling lielow 2.390 feet on the way to about 20.000 feet for a test of the Nugget sand at No Moroni, the Survey reported principal amount of sinking fund debentures due 1990. Northwest Pipeline, the principal subsidiary of Northwest Energy Co , owns . uerates and oflering is ex petted later this month through an underwriting group managed by Iieb, Rhodes.-C.42 Wall St., engineering evaluations indicate proven recoverable i oal resen es in excess of 40 million tons. New N.Y. York. 1003. the preliminary prospectus may lie obtained from that film Copies of Intermountain Stock Exchange quotations The problems of bank property managers Irom sev en western states are being discussed in Salt Lake City this week at the Salt Lake Hilton Featured Frederic (ionitth' lhailes Shepherd, today was -- thill i ithef officers will be John Muller, ( Diversity ol ( tah. ice chairman, and I) Iaul Fay Enrico secretary treasurer sIC I' a nationwide professional organization ior writers, il lustrntors and others m tintec (lineal conmumi callous field demand for capital combined with saving' will requite astute1 management , a weakening ol industrial discipline decline ol the traditional work ethic - will requite such measures ns stock purchase plans and oilier employe nu entives to niantam produc t,v ity ake business group talk to a Salt night. Jacoby said the1 cut i ent proposal ol to break up the 1) Indiana, Birch I.ayli .soli integrated oil companies I' a good example ol eoiiomie ilMcraev or ol political demagogery lie aid no evidence ot monopoly in the oil mdiisti has been In might out and tlwt ihv c'titui t would he dot luioiital lo I S i oiisium i s and cut rev develop meet ,! .a nhv s a ih oc tor ol lie c li loin d Mi o In a - " ednesdnv People on the move Donald VI (amble has named to the presi t hei il , is making preparations for ore production and extraction of precious metals from its Rex Mon tts Mine in the Sierra ji O', izt- 8 fi A nrnnr and exposed near Bishop following the crosscutting of a second major vem of ore W. David Weston, company piesident and board mineralization No 2 leel v Dean I). Kerr has been named assistant general manager of the Nevada of Division Mines Ken-neen- Copper Corp. lie has lieen mining manager in the Utah Copper Divi- - ion Insurance Royal-Glob- e Companies have an- nounced the appointment of Edward B. Godwin as laim and loss manager ot tiie Salt Luke City ofiiee c estmer it r , HOW LEASING and individuals 3 New Building 3120 SO. STATE good ,000 v A 1924 51' to W'Midf Eaton & Howard To 9,000 Sq.Ft. Available w cmp 'Wa f n 24 Federal Street, Boston MA 02110 Will Finish To Suit Tsncml FOR INFORMATION CALL in a uie vein, the Fotosi at a depth ol 750 'nee H 1 (Next To Grand Central) 1 Manage ' for institutions corporatior-- SPACE (alii., i , Eaton & Howard v My ivsU RETAIL OR OFFICE Nevada e Co , 1ur tinn not i. toed si rk equ'pmont ot s Mik pi'ciul Lake City and Van Nuy s, Call! . that exploration work during the past year in the new Independence Tunnel crosscut ! ; Iti'iu rtf chairman, told stockholders at meetings in Salt Co ounc i! I. it,1 no gc s ol T i a c ulliiis Bank and Trust m i I t..h Interna Wvo H !L lioiiai Co otlieials sav the firm will extract over 2 million pounds of prnnuini cue concentrate from its mines m central vouiing within the next two years l.Utlot lold Uiard hairnian. said the E company has contracted with thiec utility firms to sidl 2") million pounds ol m anium oxide c one entrate. culled yellovvcake. for the production ot in.clear power The firn., which now operates mines in the Gas Hills and Shirley Basin areas, has applied for additional mining permits for the Jeffrey City area to meet the grow mg demands tor uranium The contract calls for delivery ot the yellovvcake in the 197( and 1977 fiscal years. Littleliled said i i ,u. nolle Beverly smith and Vlaik Vmlcison have en appointed assistant Uranium estimate Livestock Loans . . I ic- OH Mine to start on production S'l.er at I, c ( PRIME Rex Montis Miles of V. hi en eleeled chairman of the interinountam Chap ter of the Society for Technical Conmmniea ''lower eeotiomie growth due to reclined rate' population growth ,:ui productivitv will require Mipei nr management to May ahead m the competi lion tor 'h,ii' ot tin- - market ol decline-- , in oi i apita! k Evans & Sutherland Computer Corp . has m Fedeial agent, hank robberies and burglaries Bureau ol Investigation, who discussed batik security a it lelate' to hank construction duct reaches the market place, or lo pay on the foreign content only of he product, DaPonte explained The city s application should show a need lor such a zone in the community , and show a plan where and who will operate the zone Usually, one custom olfieial is assigned to the zone. The Bankers discuss property services Discussions at the meeting are centering on problems and developments in bank buildings, including branch locations, parking, constiuction. iurnishmgs, signs, maintenance, safety and icgulat nry requirements allow s a business to pay the duty on products at the end of the line, when that pro- a on hnunual positions jikJ coiuvntrate pi ,! ts rathii than foieign vxpan-ii- jmiih cm llo't tor the conference and chairman ol the organization is George S Nicolatux. vice president and manager of the bank properties division of First Security Co, service and operating company lor First Security Corp trade zone The natural gas transmission system serving seven w estern states 1 hi oilier activity. Energy Resene Troup, Wichita, Kansas has reported completion of the (mil base of coal leases on hi, (KM) acres ill Seviei ( ounty from Coal Search Corporation. An Energy llcscrv ts spokesman said cores, geologic studies and to given Wednesday strikes and low profit margins on coal sold to U.S. utilities under long-tercontracts entered into in the late 30s and early '00s, the president said. He said the company is considering of Peabody shares to Ken f neeott shareholders, the sale of to a privale purchaser, and wirious combinations of proposals. i An explanation ot a foreign trade zone was Peabodys earnings in the first quarter were negatively affected by spin-of- Thursday trading Since Kennecott has made a total capital advance of more than $330 million to Peabody since the 1908 acquisition, this would be a major factor in deciding on a divestiture alteniatiw, he said PHIS a to global alternative can only be evaluated when the definitive terms of a proposed transaction are known, Milliken added. 1 economist said here today. As a further boost to this program, corporations should put more college of business faculty members on their boards said Dr. Neil II. Jacoby. Los Angeles, a professor m the UCLA Graduate School oi Management. He is a .professor emeritus but has boon recalled to active duty in the school. From 1953 to 1955. he was a member of President Dwight D Eisenhower's Council of Economic Advisers and has written 13 books on economics and related subjects. Jacoby was the George S. Kceles lecturer at I tah State University. "Education for citizenship is the basic task ot the public schools, and citizenship comes at 18 years today, he emphasized Because of a lack of umlei standing of the economies of the market system, the public is pressing for more government regulation of business Education in economics for all students is the best answer to this problem. Jacoby argued He said placing professors on hoards of directors would soon tench them "that real life competition is generally very effective " The problem of education was one ol six challenges facing business managers in the next decade He li .ted five of tier.. Because of political turmoil at home and abroad, businessmen will have to stiengthen thur A door KCC tries on FTC 13 B 6, 1976 LOGAN Basic economics should be a required subject in high schools and community college? to combat economic illiteracy in the nation, a nmeii . or hIi i 'Ol' (fee 225 1578 18OO1 ELLIOTT WOLFE 521-055- 0 Over the counter Thursday s Quotations r prices as of Quotiit'ons from the NASD are p m InVrdealer markets change throughout the day Prices do not include markup, markdown or commission approx-matPi- Securities Ask Bid A'tmd A lie Amalsgb Amexpr Ams&l SALES 000 at IS Bristot rmhMft, 2 000 at C'uft 10 000 at 20 Ardmay Arotai Beebmed Benstclsa Brwngco ChiBrlrn Choline Contbk Bank clearings 04 Thursday's quotations 6 Bid 50 Heaitngrd 4 34, 2 2 Hed'nn 35 3 a Hdroh IdeaiNti 3' 5 9 6 4 7 o 65 11 4 66 8 . N 8 VVtdne:da sdebits Same day last year Today s clearings Same day last year Grain futures Thursday's quotations Ea(stPec Equ'toil 0G $1b5 $1 10.754,478 00 770 81 $108 866 $87,376,486 18 F&B Truck FsiscCp PstsecPtd 35 19 18 5 34 Intermtex Irvmtnqs Intmtlabs JBbtqbcy Ken p 7 , : . 2 0 5 4 56 V'Ohmatn Natwhf Nwgas i NwptPhrm PacEngPd 93 . 24 ?K 3 ' 4 I Dutch Boy Best Oil Alkyd 8- -. 2 s 8 . Skvlmeo SurtvFni 8 Telecom U Teimatn T ipp ry 2 ToiedoMns 11 Transco 64 Utaht k 75 Va'niibk Valtek c ja 4 6 35' Ask il 4 Bid Peujotb pistt nCr c i ProSvsInc Rsrchlno . 4 . U VcrnC o 25 4 SKingrrtns 4 MedPevo 23 DvnaAtTvr a 4 , 11 10 2 4 UdldXOl! 78 34 Ask 2 4 44 3 4 SEMI GLOSS ENAMEL 7 Pig 35 vs walls & woodwork, cabinets, fixtures, kitchens, bathrooms, etc. For interior 16 19 . 4 a ?' e Wkrok 24 KVI 7 tzDv.ru j Reg. 14.30 f Latex Flat 'I; Wail Finish J ' 'M SEMI-GLO- SS I 4. LATEX ENAMEL Good for c ement or wood port Bps, steps, walkways Intel ior or Etenor W.ltr r leoii up Designer Flat LATEX WALL PAINT ( Tor living ruum' rooms beUfoom'j t'uill 'ji.ing gc(r! etc Wler t Reg. 'e.m up 2 Reg. 8.20 ga- 11.80 - Roller Tray Set Thursday ft Quotations Hog, i 00 90C io $heo 26, not enough test once levels. erf SALT LAKE for May of last 76 " "l 5 Compared veMutk Auction week, cows Wednesday to I 50 higher; slaughter steers hedert steady, feeder steers and 1 liters steady tor kinds offered v'lh brighter cattle 5i V5 b steers to Good 39 00 43 60 hetee 850 965 38 MM.es 10 nner r 70 22 00 lb halters 3? 60 cutters v uu; Dulls 33 choice to good 0047 70 3? 0U 10 neder cattle Choice 410565 lb steers 4 26 46 75 39 46 00 810 912 600 760 lb 4? lb 38 50 80 good 00 5i5 935 lb Holstein steers 36 50 00 ?5 40 50 J7 655 406 lb heMers ' 5 715 lb 38 00 40 75 choice 306 363 Ib M iter calves 40 00 325 386 Ib good tc ' fxi.ee steer calve 43 00 47 00 0 ' ' t'l H j r II c t vn t H 'frt L , 'hi v) j n. l . . ' r1 . i g i " n id M !u't ir ft. I m in ti rtf k (rtWt o tri irktjt va'u1; t ft'o ir 't HI ,j'i g mi r n ilhis ii t Tf Qu jt ' IM-I- T is ny hv Ihn 'u prospectus containing more complete Information about the Fund, Including all charges and expenses will be sent upon receipt ot the coupon to the right. Read it carefully before you Invest. Send no money. A - ' v If - ti , t - I' , Pail n.i tilreU' ut uses Ini U i' 'ti.iiJv i rip il tor dinting or m e, Mi1 i diiviog I', II, l'o ill Reg. 9x12 r n ( ti to IJf'tls ' the fund hrofpoi tus and only t nor a snl iotu n rm o'f if t J Th ottortno ot Umtn nvil.prty tn Ihngp On tx n n0ft m wlih nti'i'riii dl protei (inn dgini't (Mint tv.n1 ami wind Pprl, i t tor painting , i 79' S. Company, Inc. ?8 Reg. 1.39 j O Rssocloted Deoler Rdv, PI astir powdei ompound drms hard ,nnl dnnsp, won't shrink Portert ,k: Ilf SI VC lU. ill tms 2Vi lbs. Reg. 1.05 NOW c teaAr w Bosuiortn Patch All Compound SYN 'iioi s i Sulliuan M Kraft Paper DROP CLOTH I -r ,i' . i i N 1.99 1 .. lk i t Mvr 'Gil any class i t ' - JJ M , 2 3 Producers v n I Name Convenient direct payments Marketability No redemption fees A lax exempt bond Fund ' NORTH ( Y Reg. 521-973- PlcJse sutd rru a ' ct p'oti llUj. Fund aize, (15,000,000 Stability In diversification and gilts barrows 2 ib 49 i 200 260 lb 49 26 49 75, .70 260 lb 48 50 49 00 260 275 lb 47 00 300 lb 43 75 higher 60 no 136 Fast South Temple St Salt Lake City. Utah 84111 3 Telephone (801) semiannual plan Fully Insured AA rated 00 6 y Monthly-quanvrl- kANSAS CITY (AP) Quotations Thursday fettle 3 000i trading uieven. Averaging steady; feeder 5e-- s and calves, tow and average choice 400650 lb 45 00 49 00 680950 b 4? SO 44 00 9006 360 600 lb 43 OP 00 feeder heifers heifers and calves low and average choice lb 130600 lb 37 50 39 80 00 oc good 350 500 ib 33 00 v7 I spei m or f r t rnlnriraut Livestock market f Plastic VI 'K !ikV- - st,,rfv mpr.il Oenixf, iMy dll t ut i n e ri lur r W'r ,i:i I Sive t g on It s pjin; Cv rdilEl alOlS 2292 Highland Phone Wkdayv a.m.- 7:30 Drive 5 484-441- 4 30 p m. Sot. 8 5 CloHid Sunday WORLD OF DECOR 4140 West FEW YORK u, 5415 South Kearns IN PLAZA ntEAlftt BUitOlNB |