| OCR Text |
Show 6C DESERET Earthmen vs. NEWS, TUESDAY, JUNE 12, 1973 - son cannot be covered from 1973 production." He said this means that wheat stocks in exporting, now down to their countries lowest levels in 20 years will drop still further. The world, whose population grew 50 percent over the same period of about 20 years, will thus be left with even less 1974-7in the protection season," Boerma said. - Organization (FAO) said Monday that people are eating more grain than they are growing and he arned there is a danger of a worldwide food shortage. Director Addeke H. Boerma council: told FAOs ;; It now seems clear that tho lowest foreseeable wheat re- -' sea quirements in the 1973 5 Boerma added that supplies 7- Inc. organizes a new construction company : Devenco-Uta- new construction compa- A . Devenco-Uta- ny. a family of engineering Construc- h tors Inc., has been organized bv Inc. Heading the new firm will be Donald L. Pisciotta who also is presi-e n t The new entity will build processing facilities for the mining, metallurgical, chemical and petroleum industries, Pisciotta said. d , Devenco-Utah- western sion of York-base- of diviMost of the work will be done on a design-builbasis or on a turnkey basis, he added. New d d Devenco, Inc., Livestock Loans for T Morrison has been with Devenco for over 15 years. He is corporate vice president of the parent organization. your production needs feed, stock, equipment. Lets talk!. Call Stanley Peters, Mgr. Utah Livestock PCA S.L.C. (801) Qualifications: Our secretary types absolutely error-fre- at the rate Boerma said the food shortage resulted from galloping populations and the alarmingly slow growth in agricultural in production developing countries. Drought and other weather adversities over the past two he years also contributed, said, and the surplus grain stocks which for the past two decades had provided the world with a cushion against adversity have more or less disappeared. The major exporting countries have been successfully applying national supply management policies to reduce surpluses which are to them a costly burden, Boerma said. firms. Robert F. Morrison has been named vice president, operations, for the new contracting firm. , Devenco-Utah- Air traffic control via h, cut If there were to be a further deterioration in crop conditions in North America or the Far East," Boerma said, there could well be a worldwide grain shortage. The period from now until the end of September is the critical one during whic we shall continue to live in an atmosphere of troubled uncertainty assuming satellite? Experience: Our secretary can handle legal documents, engineering of specs, architectural works, text editing & previously typed work. VEGAS, NEV. (UPI) Air traffic control via satellite is needed to allow safe of transoceanic expansion flight, a top executive of RCA said Monday. Howard R. Hawkins, RCA executive vice president, told an aviation-spacwriters conference the present communication systems do not allow direct control between and air traffic control in flights over the north Atlantic, Pacific and Indian oceans. LAS e the-P'l- To compound the situation, there is no means of direct surveillance of aircraft over the Atlantic, Pacific or Indian oceans, said Hawkins, chairman of RCA Global Commun- SPEED QUEEN COIN OPERATED Salary of the average secretarial cost. Why not let our Requirements:secretary help you & your secretary become 200 more effective through the use of Word Processing. Vi For More Information 322-124- & Demonstration Call Photochemical smog usually occurs in the summer in such big cities as Tokyo and Los Stamp collectors are suffering doubly from the current gasoline shortage. Not the postage stamp collectors the trading stamp collectors are having a rough time. With gasoline in short supply, the oil companies have pretty well discontinued the various promotion gimmicks they used to offer in order to lure drivers to their pumps. The collectors then suffer from the affects of the fuel shortage and from the cut in stamp premiums. The cutback on trading stamps at the service stations has hurt us, said H. Max Olsen, president of Awards Marketing Corp., of which Gold Strike Stamp Co. is a division. Angeles. Scientists say it is usually noticed when the heat of the sun causes the pollutants in the air to undergo a chemical change. The U.S. side was headed by Wills F. Foster, deputy or-general of the survey and monitoring bureau of the U.S. Environmental Protection Agency. The Japanese delegation was led by Soroku Yama-gatdirector of the environmental agencys air quality direct- a, WASHERS Drilling is scheduled to start today on a relief well 150 feet from the Mountain Fox No. 1 well in the Powder River Basin of northeastern Wyoming, officials of Mountain Fuel Supply Co. announced. The relief well is being drilled to replace or kill the No. 1 well which has been producing gas and oil but cannot be satisfactorily completed because the drill pipe and bit are stuck, at 12,579 feet. The drill pipe also is apparently parted or plugged, officials said. t The Number 1 well can in at the surface, but is being allowed to flow in order to prevent the loss of oil and & DRYERS Call us for your FURNISHED FQGG chemicals INDUSTRIAL AGRICULTURAL LABORATORY PARKS, MOTELS, INSTITUTIONS Ceneotft CommlwtoM conference ural gas. The well is located about 45 miles northeast of Casper in Converse Wyo. County. Mountain Fuel is the operator with a 50 percent interest in the well. The other owner is Anadarko Production Co., a wholly owned subsidiary of Panhandle Eastern Pipeline Co., Houston, Tex. The two firms share ownership in 3,960 acres surrounding the well. Mountain Fuel also owns 100 percent interest in 321-- City-Pfi- one Babson Sayroc Bayrk gr Beacn HI Beacon Berger K Berkshr Bondstk Bost Fdn Brown BULLOCK FUNOS: Bull Fd Cdn Fd Div Shr Natwd 12.78 14 19 22 84 02 90o 7 3C 6.25 24 72 12 01 8.11 4.30 4.83 3.80 6.53 3.48 ill LOOMIS SAYLES: Cap Dv Mutual LORO ABB: 6.48 7 0? Affilat Am Bus 3.03 3.28 9.92 10.84 Bnd deb 10 39 11.36 Luther Lutnn In 9 74 10.64 MAGNA FUNDS: 3.59 3.93 Captoi 8.70 9.51 Incom 7 97 8.71 Piigrm Manhtn Mkt Gwt 12.32 14.26 14.95 14.23 15 36 2.12 10.91 10.91 Mather Am 5.31 5.80 Fd 10.27 11.22 pd 13.71 13.71 Mid 00 Mony .... NY Ven Brnhm CG Fund Capit Sh Cop Trtn Cent Sh$ CHANNINi FUNDS: Balncd Bnd Fd Com Stk Grwth Incom Sped Ventur CHASE BOSTON: Fnd Bos Fron Co ShTr B$ Sped Chem Fd business is doing growing steadily. and were in someshortage hit them. COLONIAL FUNDS: Conver Equity Fund Grwth incom . Ventur Colum G 6.26 6.26 5.96 6.51 Oceang 7.54 7.66 9.90 10 82 Omega 3.25 3.55 O Neil fd 11 61 11.61 16 03 16.03 10 80 10.80 One Will OPPENHM FD: COMMONWLTH grocery business PUTNAM FUNDS: 10.80 11.80 Conver 8.37 9.15 Equity 15.15 16.56 Geo 10.77 11.77 Grwth Eagle Gr 8.15 8.91 EATON A Inc 9 67 10.57 Inv HOWARD: Bain Fd 9.53 10.42 Vista F 9.72 10.62 9.84 10.75 F 13.34 14.58 Vovag Gwth 6.10 6.67 Revere F 6.97 7.52 Incme Dryf Fd Dryf Lv Sp Incm 3rd Cent E&E Mu Generally, in the Salt Lake area, the situation seems to have settled down to a retention of stamps by the smaller grocers in an effort to improve their competitive position the big chains which, for the most part, have dropped the stamp programs. to pay dividend 10.68 11.70 14.59 15.99. 7.57 8.30 vis-a-v- quarterly cash dividend of cents per share will be paid Smith Food King, largest chain, still gives Green Stamps. The same firm operates Warshaws mar- kets which dispense Gold Strike Stamps. Utah-base- Morrison-Knudseof stockholders Co., Inc., Aug. 1. The dividend will be payable to holders of record June 29, the second such dividend to be Business Machine Co. Pdars 835 9 16 23.73 5 96 Kmckr Knur Gth 7 00 1M 6.28 6.86 Lndmrk lenx Fd 5.11 LEX GROUP Cp Ledr IS. '117.10 Grwth Resrch LiDty Fd Life Inly Lmc Cap Ling Fnd 4.04 4.39 11.30 12.35 MASS CO: Freem (:) (2) 7.18 7.64 Indp F 5.70 6.06 Mass F 9.18 9.18 MASS FNCL: 11.27 MIT 13.05 MIG 13.68 M!D 13.02 MFD 14.05 MCD 2.12 3.27 3.57 Motes Iv Axe Scl BLC Gth Smaller stores keep stamps n 68 East 2nd South -- Solt lake HOUGHTON: Fund A 4.67 5.02 Fund B 7 03 7.64 5 73 6 26 Stock You lose one company and pick up another, Olsen said, noting that although Albertsons dropped trading stamps recently, we picked up Warshaws. Interestingly, Albertsons was one of the firms that started Gold Strike in 1957. Safeway also was a Gold Strike sponsor that has gone the discount route, dropping the stamps. By and large, the stamp business is up, nationwide, Mr. Olsen said. The feeling in the industry is that the stamp business has bottomed. Once the inflation problem gets back under control and a competitive situation is again established, weU do better. A 10 8.04 .:h 7o8 JHon $g 8 43 23.73 Johnstn KEYSTONE: Cust BJ 18 94 Cust B2 20 10 Cust B4 877 Cust XI 7 .12 2 5.70 Cust Cust SI 22 55 Cust S2 10.96 Cust S3 7 40 Cust $4 3 93 4 40 Ado:o Loss some, win some approximately 29,827 acres in the nearby area and has options to earn a 50 percent interest in approximately 4,241 additional acres. If the options are all exercised, MFS will own a 100 percent interest in 33,927 acres. M-- K CHEMICAL CO. TYPE-ArLIN- EI mid-sixti- 8.7-- AXE Auually, the cutbacks by the service stations in giving slasses and similar premiums has hurt us more than the stamp cutback, Olsen said. Awards Marketing does a substantial business nationwide in providing such premiums, he explained. Arthur B. Tickner, district manager of Sperry and Hutchinson Co., agreed the fuel shortage has hurt the stamp business. Otherwise, the stamp and awards okay. The awards business has been Stamps hit their peak in the thing of a cyclical decline when the fuel Of course, the discount trend in the hasnt helped. 7 61 7 34 IncG.r stamps on gasoline, gas through migration. During a recent test, the well flowed 1,445 barrels of oil and eight million cubic feet of nat- 4.48 4.65 7.54 8.26 7 89 8.65 Ventur Wa Natl 11.72 12.84 3 58 3.91 Astron Audax F 7 70 8.42 substantial number of stations are not giving he said. He noted, however, that many of thg stations are continuing to give stamps for services other than gasoline pur- end will Friday. THATCHER -- DIAL, 11 GROUP: Captoi Frrd Inv Grwth A The Btd Ask ADMIRALTY: 4 37 4.79 Grwlti 3 76 4.12 Incom 7.94 8.70 tnsurn 4.21 4 60 Adviser Aetna Fd 7.73 8.45 Aetna In 13 73 15 01 8 90 8.90 Atuture AGE Fd 4 80 4 90 12 03 12.94 Allstate Alpha Fd 13.02 14.23 4.54 4.96 A me op F Am Dvrs 9.6210.51 4 35 4.78 Am Eaty AM EXPRESS FUNDS: 7.46 8 15 Captoi 8.58 9 38 Incom 8.02 6.77 Invstm 7.18 7 85 Soecl 7.54 8.24 Stock 5.62 4.U Am Grth Am Insln 4 73 5 t7 Am Invst 4.63 4.63 8.33 9.10 Am Mat AmNt Gr 2.27 2.48 ANCHOR Substantial number cut stamps bureau. Drilling to begin on oil relief well FOR APARTMENTS, TRAILER 9 TOKYO (UPI) Japanese and American officials met Monday for their first meeting on how to combat photochemical smog. chases. ications Inc. which hopes to establish the U.S. satellite communications service. of 1 86 words per minute Shortage hurts stamp buffs - that uncertainty is not brutally short by a sudden disaster. of rice also were expected to fall abr.it two million tons short o i foreseeable import needs. June II, 1973 big city smog World food deficit grows The direcROME (UPI) tor general of the United Nations Food and Agricultural Mutual Funds ARflOLD IRYlflG d The decline in the stamp business has brought diversification into the industry. Gold Strike turned to the incentive awards program which has proven highly successful. paid this year. Livestock Market Tuesday's Quotations hter cows NORTH 5ALT sold steady; choice slaughter steers and otner heifers absent; grades fully steers feeder bulls steady; steady; 0 lb higher; weighing lb feeder other weights steady; higher. cattle good to high good Slaughter lb heifers ' Two powerful forces are at work today which make a steep rise in the price of silver seem inevitable. First, the demand lor silver surpassed new production for each ot the last 20 years. And for each of the last 1 1 years the demand (or silver surpassed new production by more than 100 million ounces. Ttvs excess ot demand over supply is exerting a strong, steady upward pressure on the price of silver. During the 1960s the price of silver rose 95. fleet business & industrial equipment SALT LAKE CITY 322-585- Altolnd ArmISgB AmExp ArrrerNatl AmerS&L AmWstLif ArdnMay BeeME BONNSyl BrngArm ContBnk DvnFiex EauitOil FBTrk FstSecCp FstSecPf FstWstFn FlvDto GalxOil GrCent Heolthin HvdroFlm IdealNtl IntmnGas 1 ALL CAR LEASING SERVICE CO. 424 SOUTH MAIN SALT LAKE CITY For nearly 2.600 years, since the first silver coinage knowledgeable investors have turned to silver for financial protection because silver generally performs well in bad times. For instance, between 1932 and 1935 the depths of the Great Depression the price ot silver more than tripled. Our new booklet. The Case lor Silver How to Protect Your Assets Against Inflation, by Louis E. Carabini, President of the Pacific Coast Com Exchange, shows you: why the dollar musr be devalued again, your assets against inflation and monetary crises, e Why the peculiar nature ol the supply and demand for silver makes sharp gams tor silver seem inevitable regardless ol monetary crises. 2 common mistakes in silver investing -- and how lo avoid them. Pacific Coast Coin ExWhy we believe a new silver mvestment-t- he change Protected Margin Account in silver coins is your best, most reliable hedge against inflation in existence. How to open your Pacific Coast Coin Exchange Protected Margin Account May we send you a FREE copy ot The Case tor Silver? 4 3 8 1 6 23 7 2 2 10 7 10 37 38 8: NptPhm 3 PacEnPr 1 PenzOfB ProcSvs Rsrchlr.d SentSec SKngMNv SkyinOil SWRsch 5 3 SuretyFIn TeleCom Teimotn ToiedoMn UtBanc VolNatBk WkrBkTr 4' ZCMI 101 1 2 3'4 3 15 2 2 3 15 2 13 14 ZionBkcrp .25 .50 .15 16 .32 .25 .35 2. Eostutah .27 .60 .17 .20 .40 .28 .45 2 4 7 3 1.25 .60 3.50 .40 200 .13 .75 1.60 .75 4.75 .50 2.25 .17 .80 200 10 10 00 00 .85 3 3 10v. 3 3 18 19 24V 24 26 36 26 LaPac SALES Empire. 220 at 42c. Justheim, 1,000 at 80c. 2 9 LoveOil Mammoth MveMotic NewPark Newauincv NoLily 28 Bank Clearings Tuesday's Quotations Monday's bonk, debits Some day lost year Today's clearings Same day last yeor Grain Futures Pacific Coast Coin Exchange I I I I I I It s post tor you io bt confident that lirlwHy m awtter ehel iwppeoe, yo nd your tamriy writ not only weather the coming storms, tut even prosper. Si. Lours E CsrsOtm The Ceee lor SNver 20.81 Balanc .. 9.78 8.08 .. Copitl 14.70 2.12 Stock .. 10.96 SIS GROUP: 5 87 6.43 5.97 Grwth 8.1? 889 Incom 4.94 8.27 9.06 Smmit 4.54 6.07 6.65 12.42 Technl 6.69 7,31 9.16 Svncro F TMR Ad 8.26 9 30 Tempi G 8.73 0,54 5 88 6.43 9 36 Tower C 7.77 Tran Cao 8.30 9 02 9.79 10.73 11.90 Trovl Eq 8 54 Lease PLAN Groin range: (AP) Close Low High Open WHEA- T- CHICAGO 2.93 2 94 2 89 2.66 2.82 2.93 2. 86 2.82 2.88 2.88 2.83 2.81 2.78 2.36 2.40 2.35 2 95 2 89 2.93 93 2.68 2. 86 2.82 2. 2.38 See what a difference dealing with a SLC-2- Any make or Mode! 6 It FXBAUDI. Associated PorscheAudi Dealers Address CtySu!Zi, Home Phone $1973 Pacific Coast Coin Exchange, Inc. Ekiachrsiiie Chevrolet Ford Continental Mercury Mark IV Cadillac Oldsmobile Pontiac Trucks Foreign Makes Gentlemen: Please rush me a FREE copy of your new silver booklet, The Case for Silver. I understand there is no cost and no . obligation. Busmess Phone STEIN ROE FDS: 7.79 Gwth Sr 7.37 Fr Incm 1.93 US Gv S 10.00 Utihtie 5.45 Res Cap 4.51 Rs Eaty 4.14 Fkl LfEq 11.36 Fd Mt dp 9.16 FUNDS INCP GROUP: Comm 8.55 7 11 Impac Indus tr 10 89 Pilot LEASING EXPERT member ot the New York mere entile Exchange Depositories in California, Florida, New York, Texas. Utah end Canada. I DNTC Tuesday's quotations 191,705,450 00 81 786,566 0G 48 629,880.96 42,699,406.74 makes 136 East South Temple Salt Lake City. Utah 841 GROUP: MASTER LEASE PLAN coins is now in an them so cheaply may not I I t 2 7 Comet Comstock ConsEur Croft Crown Drogon 3.62 .07 1.10 1.00 .14 9.00 1.00 1.75 7.50 9.62 .75 Individuals Talk to the man with the P I I I I I 4 4 9 NtIWstL w 7.87'? Sisall Companies he price of silver to invest in u IntmnL Magnolnv MedDvCp .18 .08 .13 8. SO 3.75 .12 1.25 1.75 .16 9.50 1.25 .11 Large Companies Simply rush the coupon below to the Pacific Coast Coin Exchange. 136 East South Temple, Salt Lake City, Utah 84111, or call (80T) 363-271uptrend. Your opportunity last long. 3 4 90Va 55 55 1 2 Bid Asked .16 .05 PorkCity PkPrem Prince Rico Sage Sioux SoStond Teietrons TlnticMm TinticSt Triton UnPkCtv UtohCons For . . e How silver protects -t- Asked MASTER e 3 reasons Please do not delay Bid SECURITIES Bid is one of 7 regional offices assuring you the full benefits of an All Car Lease . . . structured on the professional application of 14 years' leasing experience. Wherever. . .whatever your vehicle orequipmeqt requirements, call: Second, soaring federal budget deficits, record balance of payments deficits, and 37 years of inflation have brought the dollar to the brink of collapse. Harry Browne, whose book how you can profit from the comino devaluation accurately predicted the first dollar devaluation in 37 years, and the record gold prices, warns: The alternatives are narrowed to either runaway inflation or a depression. " Tuesday's quotations Quotations from the NASD are repInterdeoier resentative prices oas o I p.m. Interdeotei approximately the kets change throughout Prices do not include markup, down or commission. trucks & Intermountcin Stock Exchange Tuesday's quotations local - regional - national cars - Over The Counter LEASING individual . Conner utilities Sows steady to strong bulls and cutters lb steers choice cattle Feeder Livestock: JOLIET, ILL. (UPI) 5 lb 48.2059.50; Cattle: Insufficient volume to establb Holstein steers ib s lish market. feeder cuws 0 lb ers choice Hogs 500; barrows and gilts steady; ib heifers 5 No Ib No ib Livestock: DENVER (UPI) Wednesday estimated receipts 2,000 Hogs 300, barrows and gilts strong cottie, 800 hogs. U.S. 39.50; to 50 higher. J Dave Strang's Porsche 1045 S. State Street Salt Lake City Audi Dick Strong's Porsche 3333 Wall Avenue Ogden Audi 7.35 3 30 8 29 5.59 8.92 13.23 12 03 8.03 3.62 9.01 6 11 9.75 Processing Duplicate Slides Copy Slides 236 Edison SL 487- 5704 157 West 33rd South, Salt Lake In: Denver, 12.11 11.01 Roil or Sheet film MASTER LEASE, INC. Phono Office Wclsly Grwth 4 09 4.47 Weiltn Incom 4.11 4.49 Wmdsr Trst Ut 3.51 ... West ind Trst Sh 12 98 14.19 Wsftd Gr istei Fnd 20.31 20.94 Wtscons 6.88 6 88 Ziegler ivy Fund J P Gwth 8.66 9.41 Janus Fd 16.97 16.97 la Ye LABORATORIES MCORPORAICO (Between State, and 2nd E.) Phone 328-027- 1 FUTURE'S FEATURE? WAREHOUSE FOR LEASE: 10,000 SQ. FT. 4 DISPLAY AREA, SPRINKLER & BUPGLAR ALARM ?20-VOL- T SYSTEM, POWER. OFFICES, AMPLE PARKING. FUTURE INC. ,v Realtor 487-22- |
