OCR Text |
Show A' The Salt Lake Tribune, Wednesday, August 11, 1965 4C MIXED-U- P MONEY MARKET Interest rates on corporate bonds rise as yields on Treasury bills waver; free reserves of banks disappec ' Duck Numbers Up? No, Experts Say i WASHINGTON migratory bird population (AP)-Fed- er-! sta- Buzzers Fall 89ers, h 7-- .U.S; Eyes World Finance Confidence (6-7- bjr-Jo- g 1 1 INlYEARS! nrFIGHTi Chicago Daily News Chicago Tribune New York News 7-- 6 - 1! (TITLE UPI New York Times Today in Business In closed meetings, the comOKLAHOMA CITY (AP) J. mittee will consider suggestions C. Hartman's first-pitcpinch of the Bureau staff for the wati 959 1940 - 1941 1962 1963 1964 1965 single in the last of the 10th booSource. Ftderol Reserve Board erfowl hunting regulations Jor sted Oklahoma i A. Imnotlon Salt City past the 1965-6- 6 season and make its Lake City, Tuesday night own recommendations. and maintained the 89ers lead Secretary of the Interior in the Pacific Coast Leagues Business Outlook Stewart L. Udalls final deci- Western Division at 8)4 games sions are expected to be an- over Denver. two within weeks. nounced The defeat was the second Large KiltT' straight to Oklahoma City in Gottschalk told the committee this series and the fifth in a row that the drought in recent years for the hapless Buzzers. Witli-Mor- e Closed Meetings . and large kills in Canada and Hartmans liner over baseman pinned the loss on The committee, advisory to the United States last year re- Bee reliever Fred Burdette ). Director John S. Gottschalk of duced the duck breeding populaBy J. A. Livingston Mike White opened the 89er to the since lowest level tion the Bureau of Sports Fisheries 10th by singling and was sacri-fiee- d Pulitzer Prize Business Writer and Wildlife, met to hear a dis- reliable surveys were started in Bate"ter second - hir 1947: WASHINGTON In the context of Oscar Wildes epigram, cussion of the current status of man. Hartman struck after Jerwaterfowl by Gottschalk and" population levhistory is merely gossip, Secretary of the Treasury Henry H. was Grote intentionally W. F. Crissey, director of the els must be allowed to increase ry Fowler has been an inadvertent maker of history. But it still materially if the number of wat- passed. remains to be seen whether it will CITY LAKR CITY OKLAHOMA SALT erfowl is ever to reach a point be recognized by monetary historians. ab r h bJ where good hunting can be pro- PopovichIf 2b 5 0 0 0 Jackson m Immediately after Fowlers July 0 Fazio 2b Burke 400 vided for as many as 2.2 million E. While If 0 0 0 Robert If 10 statement that the United Stales 3 10 0 Harrison 1b Davts 1b ISTICfEVEN United Sttaes hunters, Gott- Cox now stands prepared to attend and 5 0 0 3b Weekly rf ' Grace c schalk said. 5011 M White cf. participate in an international moneRobinson cf 3 2 2 0 Bateman c Campbell ssl 1 0 Grote 3b to resolve some of conference Same Warning tary 2 2 2 rf 4 Brandon p Blackaby 0 Hartman ph the free worlds Schorr 110 p same sounded the monetary problems, Crissey Gregory ph 0 0 0 0 0 Sch'devet p rujnors took off in the international warning. 0 0 contest. I cannot emphasize too Bright ph 10 Aug. 19th, 8:30 p.m. 37 7 13 7 31 4 7 4 Totals Dr. O. Emminger, a director of strongly that the breeding pop- Totals One out when winning run scored. West German Bundesbank and the Grandstand of and several mallards ulation Fairgrounds 100 5- -5 002 201 Salt Lake City 000 500 010 17 chairman of the group of deputies of felt Lake City I. Jay Gill, Premeter other important species of Oklahoma City E Bateman, Brandon, Schandavel, the powerful Group of Ten the activist elite in the money and ducks must be allowed to in Grote. LOB Salt Lake City 10, Oklacrease materially before it will homa City 9 2B Robinson, Grote 7, credit structure of the Western World flew to the United States Jackson HR Blackaby (5) SB Jackson, to find out: Just what did the Secretary mean? how would be possible to return to the har- Woekly S Bateman. SF Fazio, Gregory, Jackson. of Ten fit into such a vest levels and hunter participa-tiothejGroup IP UTAH&BEST it Markete-Finan- ce alt fab g ibtnw AP In 10 to tion, experts .reported . Tuesday, that fall flights of ducks appar. ently will be no better than last year and called for actions designed to increase the breeding population ior next year. Officials uf Ducks Unlimited, participating in the annual njeeting of the Waterfowl Advisurged no ory Committee, tightening of hunting regula tions and advocated more liberal rules in those flyways where --warranted." Mines THE 1 Mouiitaiii'FuelNamesVicePresi(leIit Promotion of W. L. Williams treasurer of Mounain Fuel Supply Co., to the position of vice president and treasurer was an bounced Tuesday by M. M. Fid Iar, president, following a meeting of the companys board of directors. The promotion effectivefereased from share. Sept. 1. cents a share, payable stockholders of 41 v He was employed as office manager of the companys Rock Springs, Wyo., operations frpm 1929 to 1951 wheh he was promoted to assistant treasurer and transferred to Salt Lake City. He was promoted to treasurer Crude Oil Dips in 1958. Crude oil and lease conden-sat- e production in Utah and Wyoming dropped slightly last week, while Nevada production remained constant, the Oil and Gas Journal reported Tuesday Utah producers reported 69,000 barrels last week, compared with 70,500 the previous week. Safety Record Employes of the Utah Coptt per Division refinery of Copper Corp. have set e an National Safety Council record for nonferrous metal refining industry. T. T. Pinder, division safety director, announced Tuesday that refinery employes surpassed the 2,600,000 man-hou- r e mark without a injury. The division now holds the national safety record for ore preparation, refining Ken-neco- dropped fiom 398,000 barrels to 397,000 barrels, Nevada produced. 8 barrels, the same as the previous week. The declines, in Utah and Wyoming were typical of nationwide figures, which indicated production had dropped 28,200 barrels daily during the week W. L. Williams . . . Named a ending Aug. 7, the trade journal Mountain Fuel vice president. said. lost-tim- e and smelting. IML Position n we had in the mid-1950- he said. The position of Ducks Unlimited was outlined in statements read by Charles B. Allen, a trustee and chairman of the organizations flyway - committee, and Dale E. Whitesell, executive vice president. World' Middleweight Centender 19 Rounds 11 iotmdf vt - Raising Money Allen pointed out that Ducks Pin Other Tog Fights Solo at Salt lotto: 521 So. lad West-M- int 2nd fe. Fight Bex Office, 143 fe, Mam. Far reservations cel: ixt. 300. Open Men. thro fen. a m, 5 p m. Murray: Chick's Laanga Provo: law's lounge Ogden: Paramount Bawl Ticket Now an Gill Tiro Market, Cafe, 51 I. Price: Genoral Admission S3 00 Raearvad Seat $5 00 and $7.50 Bingtidt $1000 Incl. Tax O. I. with I.D. -- 10 aft at box office Watch Daily Workout to 5 p a. farting Thun., Aug. Terraco Patio, 454 5. Mam Fight Headquarters, Nowhouto Hotel H? - -- 1 3 Unlimited has as its first objective the raising of money in the United States to construct and maintain wetlands in Canada for continued natural production of waterfowl. He said Ducks Unlimited .basically supported Crissey s production analysis, based on its own studies. conference? Only last week, the Group of Ten convened in Paris to hear his report. Fowler meant just what he said no more, no less. In the three, months ended June States had 30, the United achieved a good showing ih the no deficit. It will strive to keep future dollar inflow in rough proximity to dollar outflow. It hopes to staunch the loss of gold. Therefore, Fowler was prepared to cushion the impact on world trade via monetary conference. But this didnt halt the rumors that this was merely an American device to call a conference to help the British pound; that the conference would be asked Schurr 3 Elston 2 Schandevat 4 Burdette (L Brandon Hoerner (W7-3- ) 2 Schurr faced 5 men In fourth HBP By Brandon, Robinson and Popovich. PB Bateman. T 2 57. A 5,583. Orioles Split Twin Bill - On IRS Center at Ogden balance-of-paymen- 12-- 4 .. Special to The Tribune The building will cover some square feet. About 75 per cent of the space will be on the ground floor level to accommodate staging and processing operations. Another 6,000 square feet will be devoted to computer Center in Ogden. operations, with the remainder Alfred Brown Co. will build used for administrative and prothe multimillion dollar complex, cessing support. according to Sen. Wallace F. Bennett The IRS plans to start prof underwriteto acceptAmer-chronic deficit; that this cessing individual returns under the automate data processing was a power play to overlay exsystem yrJanuary, 1966, for with isting monetary machinery of Western Re- BOSTON (AP) Bob Johnson rapped four hits, scored four runs and drove in three others, leading the Baltimore Orioles to a victory over the Whitesell said, Ducks Unlim- Boston Red Sox Tuesday night the second game of a double-iipBited firmly believes that water-foregulations for 1965 should header. Boston won the opener 15-certainly not be reduced.' scoring 12 runs in the fifth On the contrary, they should inning. more machinery. be retained at last years levels and in, some instances made more liberal in those flyways where warranted." S.L. Contractor Wins Bid General Services Administration Tuesday awarded a $4,094,834 contract to a Salt Lake City firm for construction of 'he Internal Revenue Service Western Service WASHINGTON-T- he m 55,000 Gold Stock Sale Peps Up Mart the total individual returns. So rushed the gossip to and gions New York Times Service from the financial capitals of Complete in 66 NEW YORK Wall Street the Group of Ten nations. A cirs The remaining cumstantial figment helped the from Los Angeles and San Fran- took a look at the improved position of the British pound gossips. Chancellor of the Ex- cisco, are scheduled for processchequer James Callaghan had ing in January, 1967, Sen. Ben- Tuesday and immediately bemet Fowler in Washington a nett gan selling gold stocks. Price reported. fortnight before. Surely, he was The GSA said that if Ihe declines in most of the yellow-metforewarned. Certainly, another schedulers to be met, the entire issues ran between one credit for the British was in. the Ogden building must be com- and two points, lending a Baltimore . . 003 100 Ml S mildly dramatic note to an pleted by October, 1966. Boston . ... .. 001 013 10 IS offing. 2B Blair, Located on the southwest cor- otherwise lackluster market Brandt 1, Johnson Green, No Timetable ner of the Ogden Defense De- performance. Yet, had the rumor-fearer- s Over-al- l attivity on the big it eventually will employe s and read the pot, some 2,400 persons and will board was almost a repeat of lines of Fowlers statement inof eight Mondays activity, with popuhave an annual stead of between them all million dollars. payroll lar averages down slightly deWP 2 T 34. Lonborg. Pappas. doubts would have been dismore price increases than spite BALTIMORK BOSTON 55,000 Square Feet ab r h M att r h bi solved. He said he had no timedeclines showing at Slebern lb S 0 Green cf 3 110 table. To The IRS predicts that by 1969, of trading. succeed, a conference Snyder rf 14 4 10 Malione 3b 4 0 10 Johnson ss 5 4 4 3 Yastr'skl If 5 0 4 4 must be careful more than 14 billion dollars in There was no noticeable by preceded Belanger ss 0 0 0 0 Mantilla 2b 5 0 0 0 and international government income will have trend on the American Stock Robinson 3b 4 2 3 5 Thomas lb 5 0 10 preparation 5 12 7 Gosger rt 4 0 0 0 Bielary If consultation. Lau c 4 0 3 1 Tillman c poured through the Ogden cen- Exchange. 5 13 0 5 0 0 0 Petroc'li ss 5 0 0 0 Adair lb Why, then, the rumors? Why, ter. (Copyright) 4 0 10 M'b'q'tte p 110 0 Blair cf J Miller p 3 0 0 0 Jones 3b 10 then, the initiative? 10 Hall p J 0 0 0 One is a part of the other. The J- 41 1I1J11 Totili Tet.lt 314114 dollar is still the anchor of 391 Ojo sol Baltimore 11 Boston .. . lot 001 000 4 world finance. Central banks 2B Johnson. OGDEN Cattl and Calves Salable 25; lot mostly choice, Leu, Blair, Yastriwmkl hold it, exporters and importers 3B Robinson mixed steer and heifer feeders 22 00. Calves none; Johnson, Grtn. HR use it as a supplement to gold. CHICAGO (UPD Livestock 115, barrows, Robinson (Oh SF Robinson. gilt and sows Hogs Hogs 3.500, fairly active; barrfews, gilts active, steady to strong, bar Next to gold its the world's ba- fooderately lbs. and sows, strong to mostly 25 higher. rows and gilts few US J.Miller W, U S 25 00 25 00, Hall lb barrows and gilts sic store of value. 10; sows lbs. 24 Bulk US none one-thir- d ALTIMORf two-third- cents a 42 Sept. 13 record In other action, the board declared quarterly dividend of 42 meanwhile, to Mr. Williams is a veteran of years of service with the Aug. 20. cpmpany and' its predecessor This is the same dividend paid companies. . in June when the rate was in- Office Manager t- o- Declares Dividend Wyoming, 40 Vegas Track Bought IML Freight Inc. ahnounced Tuesday that A. T. (Tony) Boz-ic- h had been named to tee newNEW YORK (AP) National ly created posi-tio- n of director Equities, Inc., reported Tuesday of terminals. it has purchased the He will be site of the Las Vegas, Nev., headquartered in racetrack for a proposed real estate devel- Salt Lake City. Prior'3 la joining opment. The property was acquired IML, he was from Mrs. Dorothy Brown, wi- with Pacific Exdow of Las Vegas developer Joe 19 for W. Brown, for an undisclosed press years. price. Marvin Kratter, president and He joined PIE chairman of National Equities, Salt Lake City. His last assignsaid plans are under way for ment was district manager for PIE in Denver. construction of a Mr. Bozich will travel over resort hotel to cost an esIMLs system coordinating and timated 25 million dollars. new operating Kratter said the tentative implementing plans also call for a second ho- procedures and programs at 31 tel on a site to be built terminals. Mr. Bozich attended Duquesne sometime in the future; an golf course; a luxury apart- University, Pittsburgh, Pa., and ment development and 43 acres the University of California at for a shopping center. Berkeley. For Resort Hotel . 400-ac- 1,500-roo- rumor-monger- the-clo- se 1 livestock Markets ) 1 0 M'bo'tt If THANKS FOR SHIPPING I" Sure sign of shipping satisfaction: A Happy Receiver! Like any other phase in your physical distributionsystem, transportation must he tailored to suit your individual needs. Rio Grandes roadrail transportation combination provides essential flexibility to meet the specifio requirements of al most every situation. . ' Try itl J. L, 5 Barley Dullbe Ritchie ' T 2.57. A 7 In individual - few few Individual Expanding Base 19 the- earljr postwarears, US US 8 24 10; sows lbs. 18.00- - 40, Cattle 2,000, calves Bulk of steers high good to high choice weighing lb, heifers mostly good and choice on all 800975 lb Trading weighing slaughter classes fairly active. Slaughter steers steady to strong Heifers and bulls steady. Cows strong Several loads high choice, few prime slaughter steers, 23 00, standard and low good 21 5023 00, several loads choice lb slaughter heifers 23 5025 50; utility and commercial cows 14 2515 JO, canners and cutters 12 50; utility and commercial bulls lambs fairly 1685; slaughter Sheep 11,314. active, strong to 25 cants higher, few most nations were short both feeder lambs fully steady, not enough ewes for an accurate test; bulk dollar ofslaughter gold and dollars.' The supply slaughter lambs, mostly range near load feeder lambs; slaughter Idaho, international gap symbolized spring lambs mixed choice and prime and mostly choice, some prime 90115 lbs liquidity then, partly through 22 8024 45, including near five loads range U.S. economic aid and capital Idaho 24 0024 45; feeder spring lambs 17.5019 50 few lots mostly choice, some deck exports. Dollars became more fancy and, 8 5-- 3 lbs 21 8522 55; 'shorn slaughtewes few individual cull and utility no. plentiful. International liquidity 1er and 2 pelts lbs? 4 increased because of consistent LOS ANGELES (UPI) Livestock trad- Th RanM: in Los Angeles area feedlots ing defiMILWAUKEE U.S. halance-of-paymen- ts Oo.n Hllh Lw Clou PrtYf (A P)-E- ddie Artesia Cattle: Salable 1,100; slaughter WHEAT steers steady to 25 lower; cows active 5 Mathews hit a two-ru- n homer,, cits, which provided an expandheld most feeders bulls lower; speedy; his 25th, in the fifth .inning, ing base for world trade to grow for midweek auction. Slaughter classes Steers high good and low choice 890 lb on. tie and powering the 25 60 weighed after snort haul and work breaking with 2 per cent shrink; good and low 5-- 3 Milwaukee Brayes Because the United States victo60, weighed out lb 24 choice 0 of feed lot and no shrink; good ry over the St. Louis Cardinals succeeded well in "papering lb 71 lb-lb 23 4 50; standard lb low standard 00; heifers 4 thet financial Tuesday night capitals of the 23 19 50; cows high utility and com as a 16 world with dollars bulk 00, 0017 largely mercial utility T. LOUIS suppleMILWAUKEE 4 13 50; Holstein 15 0016 00; cutters ab r h bi ab r h M ment to gold, central bankers of canners 11 00; 'bulls Utility and Brock I) 3 0 0 0 Alou It 4 110 8 50 2 19 20. cutters 16 Groat ss 3 0 11 Jones ct world have come to distrust commercial the Calves. Salable 100; slaughter classes 4 0 11 Aaron rt Flood cf 3 12 0 auc for held Wednesday scarce; feeders 4 0 0 0 Mehews 3b 2 12 3 dollars. Yet the central bankers, White lb iton 4 0 10 Torre lb 2 0 0 1 Boyer 3b the world, get along with- - Hogs ofand sheep: None 4 110 Oliver e Skinner rf 4 1 I 1 City Industry: Cattle salable 500. Ricketts c 4 17 0 Boding 2b 4 0 10 out dollars. Slaughter cows and bulls moderately ac0 0 0 0 Wood'ard ss 4 0 0 0' Javier pr about tive, steady; other classes poorly Maxvill 2b 3 110 Cionlm'rp All Americans you, your tested 4 0 0 0 cows few classes Slaughter Geglienp ph 1 0 0 0 15.75-1- 6 involved 50; bulk utility 14 50 in are utility I and high 0 0 Gibson p family 70 canners 12 3 13 35 75; cuttes 1 0 0 0 dollar-restraiFrpnc'na ph 50 and commercial Aug the bulls 2 75', 5 TIM 2 7M4 2 75 utility 2 75 Shannon ph 0 0 0 0 , 50 2 51 Vh 2.51V, 2 )'t 2 40s 250 Sep If it fails, the adminis- 18 program. 2 46 2 46A 2 45S Nov 2 45 SO 2 4JH Totals 2 401i 2 50 2 49 2 4V4 2 49H Jen tration will have to impose posiSt. Leo is 2.52V3 2 53S 2.53 Mar 2 5240 2 5246 Milwaukee tive .(instead of voluntary) conLOS ANGELES E Non. Egos: trols on capital export Beyond Prices to retailers for distribution plants 7. HR Mathews (delivered 1W cents higher) AA extra (25), that, the Federal Reserve Sys- large AA A extra large Brock. SF Torre. AA A large tem might be forced to further large H R ERBtSO IP A medium medium 29V32, Glbeon L. 140 1 4 5 5 2 4 restrict bank credit and prod inB AA small A small 16V17V, Woodeshick .... 2 large 29VV304, consumers AA large 7 3 4 7 terest Oonlng'r W, 141 higher (see A mediA large medium HBP By Woodashldt, Mathews. WP A small This would cramp so the ad- um 3744, AA medium Cloning-- . T 2:37. - Braves Trip Cardk Grain Futures a has toa 4(10 cant THANKS FOR SHIPPING it PorGrancfe I Sure sign of shipping satisfaction: A Happy Receiver! Like any other phase in your physical distribution system, transportation must be tailored to suit your individual needs. Rio Grandes rail road transportation combination provides essential flexibility to meet the specifio most every situation requirements ot al Try itl Presidents Egg Market II laiiAr. ay. .Vfww. 7irGranJe RAIL ROAD Homs Improvement Loans rates ministration fears prosperity. jchoice Yet, given the rather-no- t between the dollar and prosperity, , the administration might have to risk recession. The dollar is this countrys prosperity and prestige in the long tong run. Tom TRANSPORTATION Cecil Pcaraon, Tnffic Mtntger, -- DENVER t . SALT LAKE CITY 322-574- 1 RIO GRANDE WESTERN RAILROAD JalMPESEB ft chart). 1549 S. 11 Hi ( 5 MOTPAL FUNDS prospectus-bookle- t man Shields fsX AGENCY iclusive national distributor for Fort COMPLETE INSURANCE COVERAGE IURETT BOND! INSURANCE Buy Your U of U Football Season Tickets Now- - 1 4444114 or dip this complete odver-tuemeend send It to, LEW t4t So. Main HUNSAXER . ilMAIi Fleldheuse, Room 110 Insurt Yourself of Good Setts Kinuibty Qmc3b s4tt tnt Rtsw City St loot OttiiW Sos Frenetic tfMtC0 W tfco CntM SMttWUt $84 looAoph ss ' ' BAIN Ltttf , RAIL AND ROAD CONNECTIONS , Service of Continental Agency Co. 330 lot 4th toth, 333117 I 4 v , r. 7?o"$rancfe RAIL ROAD T No interest charge when you finance your s 0 a 1 o n tickets through Continental Bank. , TUs Ad , TOTAL TRANSPORTATION Cecil Pearion, Tnffit Mtntgf, - - SALT LAKE CITY 1 DENVER A RIO GRANDE WESTERN RAILROAD . i |