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Show awyw f1 I 6b ?Nr nti aqpMqptagpmqpffi nray kl1kji W gfiTij 41 Oei ,". - DESERET NEWS, FRIDAY, APRIL EJ IS "ft.v.'. I- r - r - 20, 1973 10B miss were shut down in Denver and in other cities days last winter. There has not been enough action, and not Arthur Lewis, a geologist with the Innerxity of enough recognition. What we need is a national Californias Lawrence Livermore Laboratory. definition of the problem and a program that Dm is, who spoke in Salt Lake City Thursday attacks it. Lewis said he had not had a chance to night at a meeting of the American Institute of read President Nixons message to Congress on U.S. said the and Metallurgical Engineers, Mining Wednesday regarding the fuel crisis. will be importing almost halt our petroleum from The time lag between recognition of the fuel cribillion a year. the Middle East at a cost of $15-sis and effective action produces the cr.sis, Lewis If youre not going to run a trade deficit, then Miu'e got to sell other nations something that s said. Once action is taken, the results of the action are worth that much. fix t to 10 years away from experience, he said. For instance, breeder reactors, revolutionary U'wis, a specialist in the peaceful applications of nuclear energy, said the purchase of Mideast oil nuclear plants .hich will create more fuel than they has already played a part in the destination of the burn, will not be available before 1990, even with a U.S dollar and in the decline in the hung stanprogiam to develop them now going full speed ahead. dard already experienced m tir . lounlry. Americas worst fuel crisis dues not he m the but in the next 13 yiarx, said Dr. his i favoi sev-er- al 21st Century, attor resei In Paul said matt Hans gene Mon: plate e:al i lh tans port; eond man to h; rat hi Creating fuel by nuclear fusion is even farther away, Lewi- said. Industries and schools alreadv must use fuel on an interruptible basis. Schools and factories - Marts observe Good Friday Utah economy The New York and American stock exchanges were closed today in observance of Good Friday. Commodity markets also were closed. Geologist warns on fuel crisis Sta son i ARflOLD IRVine rolling along In Salt Lake City, the Stock Exchange was closed. Brokerage offices also took a holidav. Inter-ir.ounta- Although we have the technology to harness solar energy for the production of electricity, it is an inefficient and expensive power source, he said Lewis said that pollution control devices for cars will accentuate the fuel problem because the devices cause cars to burn fuel inefficiently. He suggested the money being poured into antipollution devices for cars might have been better spent developing mass transportation systems for cities, which would conserve fuel and reduce pollution at the same time. The shortage of fuel is driving up not only the cost of cars and gasoline, but of all the products which require fuel to be manufactured or which utilize fuel to be shipped by rail, truck, air or vessel. The only area of the world with any oil reserves s is the Middle East, said. Saudi Arabia, and neighbor states may become the Libya, Iraq worlds richest nations, he said. Lt-.i- for Many indications point to a good second quarter Utah, economically speaking, and to a piosperous year over all. Banks and other businesses remained open for business as usual. News Letter, This is the tone of First Securitys furjust off the press. Dr. ElRoy Nelson, the editor, sees ther further upward trends in production employment, or personal income, as well as trade, all at levels equal above the national average in the second quarter. Japanese order computer system This is pretty much an extension of what has been happening in the past three months. Dr. Xelson estimates total personal income for the first quarter in Utah at 12.5 percent above the 1972 level in the same period. PHILADELPHIA (UPI) -The Univac division of Sperry-RanCorp. has obtained an $18 million order for a Univac 1110 computer system from Nomura Securities Cof. of d Analyzing the various segments of the states economy, Dr. Xelson finds agriculture doing well in the first quarter of this year with farm marketing receipts 20 percent higher than they were in the same quarter a year ago. For the year, he sees an eight percent increase over Japan. "EX Mi Equity aide sees firm this terpi gene opin does men Strikes paralyze Chile copper mine salvageable opin gene 1 A ANGELES (AP) -Rthe M. Lieffler. trustee for Equity Funding Corp. of America says the company appears to have assets in excess of its liabilities and may be salva geable. Loeffler warned that his figures at this point are very LOS ter obert plati imp Mon I this to n ago, addi my preliminary. i M take EX He also asked U S. District Court to approve the appointment of two Los melos law firms to help in the of Equity, which Si was forced into bankruptcy when a major scandal m an insuramCe sumsidiary came to light earlier in the week repl tear to Tt has 'gem min' are sent inee Grwth Incom Insuro Adviser Aetna Fd Afuture AGE Fd Allstate Alpha Fd was Thii GROUP. C optal Fnd T'os Wa Natl reel Astron ting Fund voi the ren situation. Hp In 44 5 96 74 9 50 18 8 89 16 10 16 00 12 50 37 5 87 92 7 92 Contrail (z) Contry 014 56 Cwn Doll Cwn Div Dovidq Rate in (z) z) 06 For the first time, Zions Utah Bancorp., holding company for Zions First National Bank, has placed among the American top 100 in the Bunker's annual REPORT. called a meeting with strike leaders at Government House in .Santiago. Copper exports make up more than 80 percent of Chiles income. The country' is one of the worlds largest producers of the metal. If prolonged, the strike could cost the state as much as half a million dollars a day in lost lead-zin- production. " was listed 93rd in deposits and 92nd in total Zions assets. First Security Corp., ing company for First ) 10 10 5 62 5 15 64 11 63 55 11 93 21 5 6 57 62 5 35 5 84 61 15 61 80 11 80 DELAWARE 508 GROUP: Deiat De'w F Delta T deVegh Drect cd Rs fcofv btd Mt dp FUNDS 4 44 4 83 92 05 Beaverbrook ity Bank of Utah, N.A., is a long-timmember of the ex-- , GESSP F Apex Bal Fnd Com Sfk Gfh FAm Grth Ind Guard HAMILTON Fnd Am 7 8? 7 U) 8? HI Invest VOl the iitt( fert Ir by lve for 3 2 Cip Invs 5 93 6 Cop Shrs Can Trin 12 41 13 Cent Shx 13 31 14 CHANNING FUNDS 86 ;uid Dav j.ti'a fecii R to V eeni Baincd Bnd Fd Con Stk Grwth incom Sped Venfur ! CHASE BOSTON Fnd Bos Fron Cd ShTr Bs the D 36 56 10 6 8 11 4 21 24 beei Sped Chem Fd ze 4 50 05 19 7 78 6 71 11 Oo COLONIAL FUNDS. tiutl Conver Faulty Fund Grwth Grwth 9 89 FORUM GROUP: Resrch 100 Fnd 1? 17 I? 17 Lfbtv Fd 8 50 903 9 03 Lite Inlv 7 33 9 73 9 73 12 09 6 11 6 11 4 83 5 28 67 7 36 10 28 ... 7 10 GRP: 4 38 7 09 6 25 11 4 12 97 12 97 14 88 14 88 81 7 V 3 25 3 52 10 56 11 54 11 07 12 10 9 81 10 72 Aftilat 25 6 84 19 8 96 91 13 02 70 5 4 24 21 24 41 24 41 4 79 7 74 6 83 11 34 Am 6 Bus Bnd deb Luthern Luthn In FUNDS MAGNA 4 24 4 65 9 04 9 87 9 39 10 26 4 11 449 Coptal Incom Pilqrm Manhtn MktGT MASS V7 CO: Freem F FNCL 11 13 14 13 15 MFD MCD 9 8 6 77 38 88 2j 65 12 55 9 11 4 97 5 64 4 4? 7 5 Mid Am Monv cd Mtl BnG MIF Fd MIF Gro MuOm gt MuOm in Mut Shrs Mutl Irs NAT SEC Bolanc Bond Sr Dividn Pref Stk Incom Slock Sr Grwth New Wid 00 00 48 10 43 4 27 7 2? 5 4S 83 8 20 46 S LF 48 17 05 12 03 18 68 10 98 4 9 03 9 14 94 16 13 30 14 17 95 17 15 74 15 6 8 6 799 8 11 85 II 91 01 51 b 92 16 1! 17 10 4 Cent Neuwth Newton Nichlas Nest Omeoa O Ned fd One Will x16 9? OPPENHM FD Op Op Op OTC 49 70 36 78 14 35 75 16 45 37 3 91 6 61 4 99 7 16 7 50 ENG Mt 07 FDS 9 54 5 00 Faulty Grwth Side NEA Neu 05 97 58 47 Nat Indu NEW 94 70 26 79 13 14 15 15 09 16 2 70 2 12 36 12 5 5 6 11 29 1? 10 36 11 8 09 8 5 5 01 5 9 54 10 16 00 16 2 00 2 10 48 10 Mates lv Mather 30 83 33 79 13 71 14 98 7 90 7 90 4 0? 12 67 13 74 4 M 8 29 9 08 7 86 8 61 11 5 12 99 IndD F Mass MASS MIT MIG MID FINANCIAL Cust B4 8 91 7 65 PROGRAMS Cuxt K1 Fin Dvn Cust K? 6?B Fm Ind Ckst ;SI 23 41 Fin Inc Cust iS? 11 45 Vdnt 8 3? Cust jS3 11 41 12 47 Cust 4 53 IstFd Va 9 4 10 43 FIRST 5 14 Apollo 44 57 INVESTORS 4 05 Polars 5 67 6 20 Disc Fd 6 53 6 00 6 58 Knickr 7 13 7 9 Grth Fd 7 62 8 IS Knkr Gth 7 81 76 9? Stock F 8 41 9 ?? lenx Fd 564 8 29 9 06 1st Multi 8 65 8 65 LEX GROUP 16 43 1st Sterr 4 I Cp 9 6 6 74 8 49 3.68 LOOMIS Inv Co A 'nv Guid Inv Indie Inv Bos INVEST GROUP: 7 00 IDS Gth 6 11 IDS ND 664 4 6? 5 0? IDSPr 10 U II 01 Mutual Stock 'O 76 77 57 9 63 13 35 Select Var Pay 8 9? 9 69 Inv Res 4 97 5 43 I S I 4 24 4 63 Grwth 13 50 56 55 Life Grw Line Cap Linq Fnd 90 98 03 32 54 9S 74 78 11 85 elusive club, placing 35th this year in deposits and in assets. Last year. First Security was rated 29th on the list. 10 54 11 52 Plonnd I GRO 13 56 14 82 PRICE ROWE: 28 26 28 26 Grwth Nw Era II 48 II 48 Nw Hor 3C 70 JO 70 9 32 9 32 Pro Fd 27 4 67 Provtdt Provd Gt 8 85 9 6 Prud SIP 10 98 12 00 PUTNAM FUNDS 11 16 12 20 Conver 8 79 961 Eaudy 15 SP 17 03 Geo 11 37 12 43 Grwth PL Inc Inv 8 9 10 10 7 13 2 , ion En STEIN ROE FDS 22 01 77 0! Bolonc 10 74 10 74 CoDitt 15 77 15 77 Stock SIS GROUP: 6 43 75 Grwth 8 77 9 61 Incom 9 50 10 41 Smmit Tecnnl 6 70 7 34 Svncro F 7 79 8 51 TMR Ap 8 90 9 73 9 73 993 Teochrs Tempi G 9 48 10 36 Tower C 5 93 6 48 Tran Cap 8 73 9 49 Travl Ea 11 07 12 13 Tudor H 12 64 12 84 20th CG 20th Cl Unified Unifund 3 93 Col urn G 12 68 COMMONWLTH TRUST. 3ra tan Comp gr Comp As A & B C 1 DETROIT The (UPI- )General Motors proxy statement, mailed to stockholders or the Giant Auto Company, showed GM Chairman Richard C. Gerstenberg recieved $874,936 in salary and bonuses group, the top 68 officers and directors of the company shared in record earnings last year to the total of $19.8 million, compared with $18 million for 62 officers and in 1971. directors They recieved no bonuses in 1970 2 21 Trst Ventur Smith UNITED FUNDS 7 49 8 2' Accum Bnd Fd 8 13 8 9 Cont qw 10 3? 11 31 Cont Inc 10 47 11 47 14 16 15 5? Incom 7 22 7 91 Scienc 7 44 8 IS Vongd USAA Ca 11 69 11 69 US GvtS 10 25 10 41 VALUE LINE FDS Val Lne 5 92 6 49 4 76 5 2? Val Inc Lev Gth 7 88 8 24 3 74 4 10 Val Spc SB So B l&Gr GenF Gerstenbergs bonuses salary and 6.1 Film Fair cCe5 T liar ion; r ra ati ( I I I Air $279 -- WQODHOUSE Mediterranean cabinet color. in dark oak Built-i- BARRELS peak power, four speakers, Deluxe AU Livestock Loans player. Custom-Mad- Sizes for your production needs Lets talk! . T feed, stock, equipment. Call Stanley Peters, Mgr. Utah Livestock PCA S.L.C. (801) Mini Prices PH. Film Fair e changer wdb lone arm. 255-766- 6 Mini Prices Film Fair Film Fair Mini Prices Mini Prices 5. 3. o u. n E t (A in 0) v Q. 59 8 30 85 8 58 14 89 73 6 26 08 2 27 79 17 4 53 88 5 88 81 8 54 94 13 05 50 II 50 a film E 3 JO x z unavailable camera FREE & processing specials clinic -- a n (1) in in 0) 'k' ij Cl k 'c 'k 'k 'k a Li. E 28 55 6 9? 4 98 m 4 30 12 68 FREE 3 testing of automatic cameras -- n Q FREE testing of shutter speeds FREE testing movie cameras, speed FREE regular cameras & exposure 5 2! I 0 optical cleaning ' r D FREE exposure meter testing FREE Polaroid check FREE estimate of repairs Ol 39 CL 68 7 56 5 46 c 1 3 u k Q1 check the day 1973 CADILLAC Calais COUPE REISS! $6587.40 Power 0 LL SAT., APR. 21 Better Service Low Daily and Weekly Rates. Cottonwood Mall o 277-474- 7 rv (6 E SAT., APR. conditioning, Windows, Power Seats, Power Power Steering, Brakes, AMFM Podio, Tilt & Tele. Wheel, Power Door Locks, Bumper Impact 28 Fashion Place SAT., MAY 5 Valley Fair in 262-951- 1 299-752- 1 V) 0) u CL c Strips, Radial Tires. WE LEASE ALL MODELS ft with FMAM Radio $638,600. United anunii ted to a $874,667 STEREO CONSOLE 'c VANCE WELLINGTON GROUP: F xplor 71 55 24 64 10 20 11 15 Ivest 11 jO 12 68 Morqn Tchn.v 766 Trust 1? 57 13 74 12 25 13 39 Welsly 11 65 12 73 Welltn 8 28 9 05 Wintisr West Ind Z) (Zl Wsfid Gr 9 03 9 8? 5 9? 6 47 Wiscons 9 63 10 83 Ziegler 7 1 843 11 82 12 9? 9 83 10 74 y in 1972, while Chrysler Corp., Chairman Lynn Townsend was paid of GM last year reported sales were a record $2.16 billion on record sales of $30.4 billion. The company awarded honus-e- s of $100.7 million to all Cl SANDERS Bos Fnd 7 7 VS Com 8 Spec! 5 Vndrblt 2 Vongrd Vont 1090 6 4 Varied 5 55 9 34 Vikng Gr 7 48 H 45 Wall St qr 11 65 10 65 Wash Mu 0? 12 0? Wemg eq 11 8 10 10 12 12 70 75 3 01 04 4 43 15 10 55 46 10 34 because of the Auto Workers strike. increase over the paid to former GM Chairman James M. Roche in 1971. Gerstenberg assumed the top post on Jan. 1, 1972. By comparison, Ford Motor Co. Chairman Henry Ford II recieved total compensation percent $825,000 ?iv Ian ten jnc en i t south 9 9 090 Ventur rrei t Newspapers Ltd., 1972 10 28 11 23 3 49 3 81 10 55 11 53 6 30 6 89 Incom FARR & COMP AM m Ea - 72 earnings total $19.8 million Auto executives UNION SERVICE GROUP: Brd S lv 14 32 15 65 Not! (nv 8 86 9 68 Un Copt 10 31 11 27 13 43 14 68 Whthal x)7 74 19 39 x9 57 10 46 Invest Sh Oean II ?9 11 29 7 4? 8 13 Side Fd SIGMA FUNOS 8 53 9 32 Cap Shr 11 Inv a Pion Fd Pionr II 38 9 16 99 10 92 32 11 28 31 II 27 99 8 73 98 42 2 42 13 9 98 61 10 50 Vista F Voyoa Revere F Ri trt Soqittar Schus Fd 9 Schus So 9 SCUDDER FDS Intr Inv 18 8) 18 81 17 14 17 14 Balanc 11 27 11 27 Com 32 S6 32 56 Specol SECURITY FOS 3 71 4 06 Lauitv 7 09 7 77 Invest 7 57 8 30 F Ultra SELECTED FDS 8 81 9 63 Am Shr Odd Fd II 16 12 20 Sol Shrs 13 92 b 2! 10 01 10 88 Sentinel Sentry F 15 08 16 39 SHAREHLD GRP : 3 55 3 Comst 6 01 6 57 Entrpr Flet Fd 4 40 4 81 7 97 8 71 Harbr Legal L 6 58 7 19 Pace Fd 8 54 933 SHEARSON FDS 19 92 21 77 Apprc Incoin Fnd Tme Sec Poramt Paul Rev Pa Mut 8 55 Penn $q . Phi la Fd Pine St 17 98 Pm Tre 8 85 PIONEER FD 8 10 14 61 15 97 5 93 6 48 8 63 9 43 FiwcH- e in 1972. SAYLES Cap Dv Mutual Inc fdAm 10 69 Inc Bost 15 90 Ind FAm 6 84 Integon Stck Fd Fberstd EDIF Sp 5 05 5 49 EFC MGMT GRP 7 41 8 05 Eatv Grn 7 96 7 96 6 03 6 59 Eqty Pr 3 14 3 14 (:) 11 4 49 4 10 05 10 INCP Fund Grwth Drexel E 11 Incom DREYFUS GRP Hartwel Drvf Fd xll 71 12 83 Hart Lv Dryt Lv 15 68 17 18 Hedbeg So Inem 8 0! 8 78 Hedge 9 82 10 76 Hentoe 3rd Cent E8.E Mu 3 39 3 39 Horace 42 5 94 7 78 8 53 Imprl Cp 14 8 92 Imp Gr 9 78 14 $5 6 26 8 03 8 78 13 11 14 J6 10 48 11 45 23 1123 11 c hold- Secur- Thursday April 19, 193 (?) Gen Sec 7 06 GROUP SEC 10 Gross farm income will be higher, but because of increased costs, net farm income may be approximately the same as in 1972, the newsletter stales. and vv ho For those concerned about the food supply red meat production in Utah was down in Januisnt? ary by 10 percent from the January 1972 total. Mdk production in January this year was the greatest ever. Egg production in the first quarter was down five percent from last year. Planting plans by farmers indicate increases for most crops expeciallv wheat and feet grains, potatoes and hay. There will be decreases in plantings of dry beans and sugar beets in the state. In the minerals category, copper and steel production is at maximum levels. The closing of the Ilecla operaproduction. tions in Summit County has reduced Gold production in January was 25 percent less than a year ago. Silver was down 50 percent despite rising AN ACCURATE - THE- - MINUTE 00 systems 1 top Utah now has two of its firms listed among the 101) largest domesiie multibank holding company systems. GROUP. Comm Impar Indus tr (z) Pilot 15 74 Gotewv 10 THE YOU GET AT A prices. Egret Gt 13 77 14 42 44 11 44 Eltun Trt 17 29 7.59 8C7 E merq Bavroc 4 54 4 96 Bovrk gr 5 83 6 20 Energy 12 00 12 00 Beacn HI 10 19 10 15 Faulty F 8 87 9 69 11 84 11 84 Fairfld Beacon 9 01 9 85 3erger K 11 28 11 28 FmnBure IQ 18 10 18 5 11 Fed RRs 4 68 Berkshr . . 101 5 23 5 72 FIDELITY Bondstk 4 11 4 49 Incom Bost Fdn 10 7 11 25 GROUP Orst Ut 3 48 3 Brown 3 63 97 Bnd deb 5 36 10 23 Trst Sh 12 89 14 09 BULLOCK 21 19 21 85 1? 13 13 26 Istel Fnd Cootol FUNOS 7 78 7 78 9 36 Ivy Fund Contra Bull Fd 13 97 15 30 Cv SSec 7 81 9 66 10 50 8 16 J P Gwth Cdn Fd 22 34 74 46 Janus Fd 17 06 17 06 6 66 Dest 3 85 4 2? Dtv Shr JHan gfh 8 IS 6 86 1131 Essex 10 38 11 37 Natwd 11 8? 1? 9? JHan Fverst sg x8 77 9 53 NY ven 11 SS 17 65 Fund 16 49 18 0? Johnstn 25 99 25 95 10 10 06 Brnhm 9 83 10 74 KEYSTONE Puritn 10 62 1! 48 G Fund Salem F 4 41 4 8? Cust 01 19 20?0 08 7 75 8 49 Capomr 25 20 27 54 Cust B2 20 40 2? .15 Trend T to A Fund Stock Axe Sc BLC Gfh Bobson t gw DocfqCx Attdax F AXE HOUGHTON, Ser 5 8 8 10 12 5 7 Inv Cnsln ConMt 5 8 8 49 9 30 7 70 8 44 8 84 9 69 12 74 13 96 4 06 4 44 8 87 9 69 Inv Grwth Incom Ventur D Comp Cp Comp Bd Como Fd Concrd 863 941 Cons 4 37 4 77 8 8? 9 64 10 35 10 35 5 16 5 27 13 13 14 1? 14 05 15 36 5 11 5 91 10 27 11 ?2 Slock Am Grlh Am Insln Am Invst Am Mut AmNt Gr ANCHOR I)lV resj that Feb 5 15 4 38 Incom Invstm Sped Tl l Ask Amcop F Am Dvrs Am Eqtv 464 AM EXPRESS FUNDS Captol Atty to h of tl I Bid 4 70 4 00 ADMIRALTY Ualv I the DATA UNIT SO THAT, TOUCH OF A BUTTON, COUPLED TO PROCESSING UP- - TO- As a ler star J demands for higher pay Thursday paralyzed El Temente, the world's largest mine. underground copper The mine is one of five huge copper fields nationalized by the leftist government of Chile two years ago. The strike was so serious that Salvador Presidente Allende himself was handling MUTUAL FUNDS Se k SANTIAGO, CHILE (AP) -series of massive walkouts to back Meanwhile, in Sacramento, Calif., an investigation was ordered to determine why the California Insurance Departin ment was not quicker discovering the alleged "massive fraud. S 1972. SIR THIS IS WO GADGET) THIS A COMPREHENSIVE integrated, INTERNAL IS Hertz Truck Center 13th So. at 3rd West 5 a u. n a v E 486-202- 8 Fair Mint Prices Film Fair Mini Prices Film Fair Mini Prices Film Fair Mini Prices Film Fuir Mini m |