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Show T Mines Markets Finance TUe New York Slock Exchange: Inlt wit gfilmuf Second Section Sait Lake City, Utah LacaMterst New York Times Service tales m hundreds tOC) omitted Itxceot for those ties stated (z) which are traded ms 10 share tots and rained in tun. DIVIDENDS are annual rae unless ftnerw $ ioem.4ied. (a p,u$ extra; (Di lost pa d n k) year; payment accumulated cvtdensd; (d) oeciared or paid so far this year, no regular rate; te) cash plus stock; (g) annual rate piu$ stock d'vioeno; (h) paid this year latest deadend 5mtted; (o per ent in stock, HouHy (k) per cent in stock pad last year; (q) 11 oo AH March 16, Tuesday Morning to look beyond the current economic slump to future brightening profits. Perhaps the only thing more bullish titan the action of stock prices Monday was the tone of advice emanating from Wall Street. "Everybody looks younger during bull markets. declared one enthusiastic advisory service. Computer stocks kicked up their heels Intrrna'ional Business Machines ran ahead S2 points to 36314. while Burroughs gained 44 to 119jJ. Memorex climbed 274 to W2. This followed a report that Memorex, in collaboration with Columbia Broadcasting System, has developed an electronic computerized system for editing films. CBS added to jear. The net advance for all of last week, when the Dow kept nosing near 900 only to slip back, was ! .s than a point 'Everybody Looks Yorjjger 1 971 23 Tage mid-196- Domestic copper producers a group for which some analysts were advising caution only one week ago because of turned pollution control problems 9 By Robert II. Woody Tribune Business Editor Probably remaining ore potential Is about 300 million long tons. The Mormon Pioneers tried to get an Iron ore industry going in the district from 1849 to 1884, he notes. But only a few thousand tons were mined and processed into finished products because of lack of funds and good coking coals. Nor were they able to meet the competition of cheaper imported products brought to Utah by completion The big deposit Utah, in 1849. And even though pioneer efforts to get an iron ore industry going failed, the "Iron Springs district now is the largest in the western states. These are among some key items compiled by Keith C. Bullock, Brigham Young University professor of geology. They are contained in an extensive description of the "Iron Deposits of Utah. published by the Utah Ge- by 3 Operated Polorado Fuel & Iron mining began its properties in 1943 shipping its ore to its Minnequa works in Pueblo, Colo. Utah Construction and Mining started independent iron ore production in 1944. Its principal sales were to Kaiser Works at Fontana, Calif., later to foreign buyers. contract In 1958 they made a long-terto sell to Geneva Works, which had been acquired just after World War II by U.S. Steel. Since U.S. Steel has supplemented its Works with taconite from Geneva Wyoming, the average production out of the Iror Springs district has dropped to two million long tons of ore. Firms U.S. Steel Corp., Utah Construction & Mining Co. and Colorado Fuel & Iron Co. Mr. Bullock divides the history of Utah iron ore mining into five separate eras. The fifth stage began in 19C1 when U.S. Steel's Geneva Woiks began to use iron ore taconite pellets from Atlantic City. Wyo. The result was that iron ore production from the Iron Springs district was curtailed. Mr. Bullock notes that the ores from Iron Springs may require increased amounts of beneficiation to meet the competition of taconite from Wyoming and Montana. From 191 to I9S8 Iron Springs produced about 78 million long tons (a long ton is 2.2 40 pounds) between 1923 and Livestock Markets - stcicy, h gh steers good and chc'ce lb hifers 32 326033 25; low choice nj p' me ?S. 19 Cash Grain choe 25; no market test. Sheep-non- low choice oood ang No. 1 hard Wheat CHICAGO (AP) 2A cows 75; utility and commercial No. 2 soft red 1 74 an. Corn 64' 20 00; canner and cutter 17 50 20 50; red, No 3 an; 1 55' an. Oats No 2 37.00-4yellow 0 steer 00; choice lb feeder No. extra heavy white Soybean 750 900 lb 31 5 33 00. 1 12.26n. yel'ow 3 06n Soybean oil bed Sheep-800- ; wooied lambs steady; shorn markets in brief Stock 50 NEW YORK (AP) h'oher? choice and p'lme Higher mostly wied lambs 250 26 V; 26 53. and prime,I in heavy trading. Lower. Cotton hom lamb 27.50; choice CO; chr Salt Lake Stock Exchange Ait AmalSgrBnda A . Amerwe. Lif ArdnMayt BeriefLr t Bonem.Lmbr BonevleSyivan 'h Comisnear Cont Bnk DasaCrp (DataDegn iDataronPrcc City egg market unchanged delivered io stores, in cor FrstSeePfd Grade AA extra F,rstWestcin exchanoed large AA 3942; medium AA GalaxyO'l AA Freight I Carres 40 lb rindless block Lhse hea,thind mild longhorn, HvdrnFiamt loaf 64' lb. sandwich 64; a 83'. Ideals1 ,n!errr rG - Meonalnvest A0nalnv7 J DevC ra , Metals 3Iarket NEW YORK f AP) Snot norferrous 50-- e prices Mondey cncpr cut Valiev? te'd a uonnd Yn-15 de!5veeo; 3, New iinr ,n $16, Nw York- god 663 V9 30 troy silver troy ez , New Yo'-rz New York s vr t'OV rz $1 Naw Yo'k; gucksiver $j34 00 f!ask, New York. mtal cnt - 13 ' iLp-- - v - ver 1,000 f 57? 00 ft 7 79 fO 5 ? 75 23 41 77 10c; 1,000 Comet, 50 at 31c. Crescent, X0 at $5 IT . Croff, 3 000 at 15' c East U'ah, 500 at 50c. Empire, 1,000 at 1c. Ejt'uM. 1 Vammoh, 5 at TSwtft( v NatimerLi' NatlWesfLf N- -J NWGas noo et 7 111 10O a1 at 16 00) t Won! timres NEW YORK (AP) to 4? cent icwe Msr, closed 69 2, 493 71 3 5? Msr 172, 56', M3 Cert'icated wcoi spot s57 $. Wool topt fut 'es c'mH gu e No Ce'iif spot wed tops 103 0. uneng.d X - bd; norrlna1. ICO i av. markdown rcCrp GO 60 .0 sht lie 12 lSOM 00 120 500 106 900 63 1 4 1)91 373 OM 77 I- 83 4)4 43 11,37,090,410 4J UAl 23 Incorp UnCarbioe 2 28 Un Elec limit. UnOCal 31'k an 45 03 178 203 8 410 366 149 92 306 60 Co 2 1 203 i 38j4 9H 31W-- 44-- 4 44t8 2034 3744 20 38 - 4 4 '4 ilT 41 3 75 1450 5 62 25 7S 50 37 797 9 50 1 12 11 75 40 f 7 6i 75 rnevW DistSea Dimdlntl DomeAn OO DuPont DuqneL Dynamic tc OO 14 25 no 17 l0 24 no 6 87 0 5 75 2 2 10 50 24 50 1 62 7 75 g oy CrhMing- 5 4 7 7 rg r 7 50 f 7 37 SoestRs e Y 17 75 17 0 repre- - com- 25 14 62 600 87 10 75 13 12 29 00 2 00 15 00 14 12 21.25 1 105 5 75 3 9 12 1 97 12 12 41 37 52 25 V 5 12 7 400 11 5 3 09 07 rg 14 75 1 25 18 r& 24 77 7 12 1 ro 6 12 10 25 n 5 ''5 2 Wt 3 Y 3 75 2 ? 1 7 $75 5 no 9 4 V) P7 V 7 t 7 7 17 75 lx fd 2' CO rv) "5 62 27 1? 0 ) 7) 30 00 9) 1400 14 37 7 17 r 14 1 114 lOwf 43 277 - b 66 Cp "? J ESB in 1 20 1 ?0 Essxlnt Ethyl Cp .84 ExCellO V 9,4, c 554 M' 47 66 86 65 a 85l4 33' 34 24 13 1 24 e E 77 70 579 547 23' 76 75W 54 38' 7V 18 18 27 25' 27U ar 159 33 22 21 25 41', 72 24 22 1 6 ii .r 76 103 4 no oSM 26 22 7 S4 'r1' n 77 77 2VA 123 25 134 139 78 255 12e I EascoCp .90 Eastern Air East Kod dSroN9 20 4 2SH 51 nt,5 -- 38' 48 399 5 57 17 129 25 i ... 29-- ' 54 55 117 .48q jO 1.20 1 69 75 99 48 112 447. '- 337 ir 42 26' lf57n 4 3lm 841 a0 ' . IO7'7 J,! Wt ... --e F .40 Faberae FactorM .60 Fairch Cam FairHil 3k Fairmont 1 FarahMf .44 470 19 111 43 238 74 105 29 38 M- 18 42' 4 - 17 393 4 18H 42' 374 3,5 41 124 17' 125e 17' 39 39- Thu announcement it neither an offer to mil nor a mhcitatian of an offer to buy that meuntita. H ' 1'4 - The offer Uu. ' Wheat March May July Sept. k modi only by the Protpee $25,000,000 Board of Trade INVESTORS FUNDING CORPORATION OF NEW YORK range. 2 1 154 31V 21 15 21H -- 7 5 7 3 50 11 37 SkylineOi! 168 3? 347 15? 168 347 80 Dow Ctt 2 60 40 Dresner DukeP 1.40 25 25 23 00 e 00 rjofteivf-r"VmNev 354 18 97 23326 37 35 38 439 DayPU 1.60 Deere &Co 2 Del Mnt 1.10 Dennlsn ,60 DetEdis 1.40 Dan Shm '!' atSn.MS 233'4 230 78 57'4 D 3 2 CO 71 ir a 398 261 238 9 54 274 lY 3' 7?'2' 11 DanRIver M DanaCp 1' Dart In .30g 4 14 12 5 50 1 50 10 37 12 62 23 25 1 50 13 20 16 10 79 144 299 197 132 27 61 132 133 Contrl Data CornGI 2 Cox Brd .30 CPCIntt 1.70 1.60 Crane CrowellC 4k CrownZ 1 20 5k Cudahy 60 CurtisWr Cyprus Mns D 68'1' m 1.40g 1 Mutual Funds fr Gas 1.76 ComSolv .40 CmwE 2.20g .50 Comsat ConsEd 1 80 ConsFd 1.20 ConsFrght 1 ConsNG 1.88 Consm Pw 2 Cont Air Ln ConCan 1.60 ContTelCo DaycoC Pii itt Col Conti Oil 52'36 61al .60 Cessna CF (Steel .80 ChmSPI 1.20 ChaseMan 2 Chemetrcn Ches Ohio 4 Chris Craft Chrysler ,60 Cm Gas 1 5 60 CIT Fin CitiesSv 2 20 City Inva .50 CleveEl 2 24 CocaCol 1 58 Colgate 1.40 Collin Raoio Collntst 160 CBS 1, 'I 38Pfc .80 Certain-- t 351 20 ... 19.30 2no 1 ro ,Va BctkTr CHICAGO 'a 'evNtPnk M xea; Vheat iqnt tree VietrgnCmTip H gner; gnod demand. Cyn t 17 00 DaS Mos'iy tvqher; Qocd oemend wikrBnkTf demand a HigherSoybeans ZtonsFrttN.tf Covering Week to 25 cents 2iCnsutBancrp Slayqrttr steer lower, rereipfs 6 50Ti; top 35 ?? 121 J Asked pird Rove'ExKlnn xn.Ltfe n 'eCenarn 127 500 MorseShoe FedNatwtg TexGlfSui 53 4 54 54 B UnPac 27e 27ii UntedPkCM ?;e ?0 194 20 Uniroyal .70 1 80 1 U Aircr 37 H 304 201 194 204 60 UnBrand 10 NEW YORK (UPI) Selected tock on th American Stock Exchange Monday! Utd Corp .50 9,t 10 4 t 3 US Gvpsm 62'e 61'4 6? 14 2436 244 Sales(hds) High Low Last Chg. 3t5 25 Saletlhdi) High Low Last Chg. US Indus .60 407 353 34r 353414 21- -t 13 21 'k 21 ' USPlyCh 84 Aero,et .50a 9 7 Greer Hydrl 9s i 9s 31 32 156 1'a 32'4 .25b USSmlt 4 AHd Control 47 U'e 10H Il' 4 HuskyOl .15 32 USSteel A Petr 1.03d 48 33 323 324D 36 25'4 25'i 25 Inexco Oil 14 33' i 33 US Tob 1 20 ArkLaG 1.30 27 75 27a 27 H Kaiser In 2k 288 4 9? 1tdUtilit 22s 214 ?2'4 1 573 16 155t Beverly Ent Kirbylnd .36 1 60 249 55 54H 55' 4 Cpidhn Brascan 246 I6'i 16 16H 6 LeeEnt 1g 20b 1 ? 159 66' .6ua 66' 9 65 UtahCn 1 V4 Lee Natl Cp 26 25' 2 25' a 2 Bundy Cp 59 66' Y 65 66'a l Circle K .48 25 494 48' IMcCulCo 61 4941 'Means 36 36 29 3J 14 6 FW 1 Clary l Corp 64 U 19 29 ClmnCo 29H 283 Mohwk Airl --VH-- l 18 18 17 240 New ParkM ! Computes! 11 79 Creme 30 29k 20 U Ookiep 2.10b 179 17ik 16sk 171 Vartan Asso , 73 355i 3454 CtlrLab iPacNW 1.04 16' 15 164 J9 VendoCo .60 28 4J1 2 42' 1 Damen Cp PetneSt .60 26 18 76 4 .50 43U) VlctorCC 21 12 12 12 Pneum Dyn 23 6 524 23'Y 23 U ?,,,T,,iDay Mine 12 24 1 114 k PubcoPt .15 114 CrP HT Dnnsn 55 27'a 76H 4 Reeves Inds -T-V,V, 25 25' 1 25 25 Shatluck Dn S DsrtPhrm l 3J. 5' Equ Cn ,05d f 55ii- - Vs Solitron Dev Walgreen 47 85 4,- 'Fed Resour WarLm 1 20 ilatham Ins 41 4 4 62 15 144 14'a Wash W 1 36 ii T ? Felmort Oil U Syntex C .40 2 254 25 WestAir 10k p.nCpSR .20 Jechmclr in 2541 Ford Can 2 6 UnvContr 2i WsBanc 1 30 80' 4 81 23(0 81 T F rentier Air 63 25 67s 47t Utah Sgr 80 WUmon 1 40 3C7 Gen 4 30 West El 180 Wst Nuclear 304 3oV H B,ttery 1 05 ' Wstvac 39 1 80 Wsyerhs 146 WhelPitt Stl 10' 17 25k 25'4 25' .70 1.60 FerroCp jWhirlpI M 64' 142 51 50 Firesm 1 60 Wh Cons .40 504 4 Ve 66' 4 46-- 4 41 FstNtSt ,50b 48 1V 48 54 41 H 39 iMacy R H 1 41FPkVa Whlttal Motor 10li 12t .50 13 60 13 ' Cp Fleming 17' 17 39 a pp Mag ,75b 10' j FhntkoleC 1 29 297a 29-W Magnav 1 20 29 JiiJT W.ckesCp 1 123 44s 437 WinnDx 1 68 577 524 52 FlaPwr 1.68 Oil 1.60 35W 52 35' Mar 354 35' 1.20 Woolwh FMC Cp .85 546 28is 289 28i .80 403 35l4 3134 351 Marcor 26' a ... 37 .90 15i I9'4 19' 219 36' 36' 4 357 W MarM'd 1.70 s ie FordMt 2 40 1006 62 V 182 35' 60'4 MarshF 1.10 34 4 344 6 For Mck .80 234 127 2V 152 21' 20 23i 2384 H MartMr 110 4 X.roxCo .M 4 Freep-t- S 357 18H 177e .80 183 11' 10; Massey Fer 43'Y 4 35-54 ti Fruenut 1.70 ' Mov DS 1 40 253 39 37 3$4 ,5 Zayre Con 40 524 4Hl 40 i 8 294 29 ,MayerOs .56 29 34 4 33 34 A Maylag 1.10 1 Mc 24 ror 22 24 24 20 G V 33' McDnD .40g 268 34 33H 354-l- GAC Cp .19 541 27' McGr E i.40 86 38 37 26iD6 38. 144 183 7H- -1 GAF Cp .W) 144 U McGHti .60 146 21 '4 it's 21 157 46' s Gam Sk 1.30 46 s 4s McLen 8 80a V4 54' i 54 S'" 4 97i ' 4 Mea-Co- rp XlO 40 40 191 19a4 19 Z. Gannett .48 19l 'a 35' Mt Memorex 40 40?s 405b GnAO'l .609 674 7D 70' 22' 1 69' 31 14 Gen 47 274 27' Mennametllnc Dynam Closed Moudays Quotations 2 108 4 111 2 20 60 57 $44 112 310 2H Merck 97' ?16 4 Gn Elec 47 Vi 121 847s 047 GnFood 2 80 236 85 25 24 247 1, m G M Inc v Gen 263 list 1 York (UPI1 -F- ollowln I New 21 Mid SoU 20 207s 260 ' 02 7 296 254 243 25 HostCp on Mutual of bid end asked prices 151 1124 1084 V Gen Instr 2i 17 24' 13) 25 244 H M M M 18$ 112444 1 30 the NaSD Inc. as 7 Funds ' 21 MinnPI 21 146 88 35 a 34' GenMdls 35 quoted by 2) 28 x7 67 920 84' GenMot .85b 83' 66 66- '- 4 84'41'4 Mo Pac A2 5 A 2114 40 253 58 131 56' 1 57 ilVa 25 24l s 2434 1 MobilGI GcnIRefracts Bid Asked Bid Asked i 26 233 211 Mohsco 1.10 443 G PubU 1.60 34 A 23' a 2314 34H 21' V 175 134 1 3np 134 v. Aberdn 2 19 2 40 INVEST ROUP: 872 133s 12H 13' Gn Monogram Ind Steel V 353 j. , 52 31 a 33 31' 31 ' j MonlHwr 7 59 8 21 Stock 1U65 G T E 19.121.43 Affil Fnd 3S 35' a 34s 1 ? 5 3e Monsan 1 80 718 38 9 16 9 85 37?4 38, 83 247 24' 24' G(n Tire Ig Alpha Fd 12 09 13 21 Select 28 Y 52 68 Motorola .60 66 42 3 70' Var Pay 7.43 8 08 H Genesc 1.70 3 44 37' 4 36 Bus Amr 37t Mf T uel 1 80 40 4042 40 57'4 5.03 5.50 U (Ga Pac ,80g 144 583 57 Am Dvrs IT 16 1? 19 Inv Res cgai. tj MtStTel V 1.36 23' 223i 22; 73 5 Am Eqty 535 5 85 KEYSTONE 44 20 Gerber 453s 57 31 'A 30la 30 Va Am Grth MurpCo 1.20 83 2 78 86 86 1,13b Getty ff? J43 cust B1 18 991913 2 179 50 40 Am Invst 5 85 5 85 Cus? B2 19 87 2) 68 Gillette 48'i 50 N 9.47 10 35 Cust 64 8.46 9 24 Am Mut Glen 1275 10 9 10'4 6 Aider) Nat Z Alrf .40 76 19 77 Global Mar 19's 19 Cust K1 0 01 8 75 67 1 112 287 28sb 28' Goodrich I NatBiSC 2 0 Cust K2 5 29 5 78 787 - 4, NatC ash .72 31Cl '4 85 66) 3? Cnst SI T9 06 20 80 Goodyr 21 341 NatICityLines 141 34' 337 Grace r 1' Cust $2 10 83 11.82 128 NatDutil .90 3')i4-.- 'S 21 37 Grand J .80 32' Cust S3 I 20 8 95 . 75 Nat 20 Gen 165 60' 1 59 Grant W 1 .4, 4. Cust $4 4 97 5 43 86 3?3a NatGyp 1.05 '4 GrtAiP 1 30 116 32' a 3Fs 3? 10 jo 11.37 Apollo 550 207 20' 20 a 3 Ntl Lead 4 GtNNek 32 497s 49Vfe 497, 1.60 i NatStee! 81 6 32 3 93 4 31 Pciare 5 158 43J4 43 40 2'i H Gt West Fm 27' 43'al 488 28 76 Magna 8 87 9 69 8 8 06 57 272 59 Nitonv .25 3116 49 334 32 2oi 5947''4 ot WsUn .90 35 6.45 6 27 6 85 Manhtn I pw t 47 39' 39 Ney 403417 Gree Gt .96 56 26 26 P 4 8! 5 23 Mass 31 20U 19 262 20V4 20 Greyhd Cp 1 Jtll 33 12 42 9 69 9 69 65 23 23 ' 23 265 1 J100, 170 25 4 24' Grumman 7.05 7 70 Masa Inc 15 39 16 82 176 1.10 17 4 16 4 NuqM 443 4 GulfM 2 80a 2 8S'4 08 ' 6 69 7 31 Mass Gf 12 62 13 79 108 75-Norfo'kWs 5 76 76 Va Gulf Oil 34 42 314 30 ii f's Bost Fdn 11.6512 74 Mast Tr 14.6716.03 NoA Rl M 97 25' 4 25' 25' 661 26' 0 Bost Fnd 0 46 9 25 NAT SEC SER: NoNtGl 7i0 193 554 55 54' 33' ; ? 3.05 4.21 Brown 11 42 12 48 Nor'nwstlnd 169 25 24 Balanc 7S' 16 4 I-I1 70 e 28-66 NoSlPw Bond Sr 5 10 5.57 28 a BU'I.OCK 28'4 4438-- h 1 4 50 4 92 Dmdn 1' 32 506 33'4 31 a HemmPap 1 NewmnMng FUNDS: 34 25 54s. ex 25' a 62 37 36 37,4 t4 Bull Fd 15 07 1 6 50, Pref Stk 7 54 8J4 155 657 5H 334 ' Harris Int 1 5 53 64)4 40 54 t"com 54 12.91 KOI Sns 64' Cent 28- 7734 38 HartShafMrx 284 65'41'y Stock If 0 48 CMANNINO 24 70 24' a 233 4 HeclaM .17d 9 68 10.56 Grwth FUNDS: 2 'A 90 414 41 H HemzCo 4l'ja Will 15 45 15 5 Occld Petr I 1470 18' 11 0212 92 On Balncd 174 an 90 414 4 3776 Heinz HJ 1 0 30 9 7 137 16' a 164 16' a Ogden Corp Com Stk 1 70 1 95 Oypenh 35 924 44' a 43 Hercule .25b Va1 Grwth Ohio Ed 1 54 37 26 Sec 10511.45 5 42 5 92 OTC 26 26' 1 10 30 30s ".6V4I 294 30 Hershy 1.24 OklaGE 70 7 Prud 42 25' 10.85 1A 0 SIP 1145 4 ?5'4 Incom r .. 44 480 4 Heubieln A5 y9 31'; 47. 18 77j 23 42s-t1M 21 4 ' Specl 101 7. OkiaNG 1.24 43 Hewitt P .20 PUTNAM 21 212 21 15V 50144 Vk GlinCorp ,88 263 51 HilMnHotl 1 iFUNDS: COMMONWLTH 28 13 Omark In 41 13 12 ! TRUST; 14 Hobart 3420 47 1.20 107 012 Equity 84 2044 20' A 20 4, 715 29 .90 14 45 15 79 1 42 1 54' Geo Hoerner A & B OIIse!Co2J 123 43 w 4 43'4 1? 379 16 10 58 11 53 Hoff Electn 1.78 IMIG.Wtt! CND 191 34 35' ? Mol Inns .22 252 44 8 10 10, U.,7 13.87 Inc ,, Dreyis,, 41 136 41' 66 ?8 40 lnv 7 11 795 Homestk 35 63 V4 624 Own,l k S.TON 4105 269 109' iTE,M 109W3 ''4 Honywl 1 30 29 80S, M0W4R012 V Hoover 1 20 314 ... 314 31' P38 18 1113 10 Bain Fd 1 20 46s 416 46 4 20 1 HousLP j.7 Cwm F 13 77 14 17 Pac Gai l 36 21' ' Howmt .70g 2)6e 25 60 PacLtC UNI0N IERVICC .lnCtiiTV 4?7b PacPef .30d 9 lOROUP; 27' Pac Pwr 1.28 BrdS IV 14 08 15 (I 26J . tg PcTLT 1.20 V 33Mi 1 60 FIH C.p 13 83 13 TJ UNITED Idaho 523 FUND: Arn WA p8n 16H IdealBas .60 7.62 8 15 Accom 93 En4 Tva Panhdl 180 34 Fd Trnd 34 HICenin 1 14 3 00 15 34 incom Pnn Centrl Purltn ioTSu- 42i 8 07 1 M Scitne !" Pwr, Co Rf'r.tv JC I F 561 8.13 v.ncd 1 Imperial ct 1006 1182 penDlX 15h V 4) a CP 1 40 ilm FdCn (i 47 4 financial io 1.60 PennPL Pand 2 'HI VALUE LINF FDS: FROGRAMS: 65'a-- - ' Pennzoil 80 29 k 3tl 2 7.01 7 68 F n Dvn 4 53 4 85 Vl Ln. 86 5?? 47 466 48' 5 3 5 95 InspCopper 9 3 94 4 32 VaI Inc Fin Inc 34 1 363 I 335 3644 353 R M 5.20 v 24 Fin Inc 6 03 6 60 V.l SPC 5 89 6 45 37 45 464 464 9 01 9 15 Intercolnc 4 50 4 93 Vance Vtrrt i3 Pfizer 304 31' T 5 3i Foucna F 10.82 11.33 Vikno Gr (,) 25'' zi ia intHarv 188 Phelp D 2 10 30 124 12'4 12 Inti Mining .'WELLINGTON FRANKLIN V PhtlaEI 1 64 i 263 17i 17 GROUP: CUSTODIAN: W 1.20 L, Philip 90 7 22 30 21.39 Explof Fr Utlilt 6 PhiiPat 1 30 16.45 17 90 Fr Ircm 2 20 2.411 IvMt Pillsbry 1.44 12 90 11 80 ?3 'Trust SEC: B GROUP .68 Pitney 12 62 13 79 32 Wtlsly Polaroid .3? Apx F 89 52 99 84 11 95 13 0 WHIM 00 Bal Fnd PPGInd 1 40 1 38 4 10:3 11.07 Com Stk 13 29 15 53 Wmdsr ProtAG 40 18' Ind 6 77 7.4 8 82 9 64 GM FAm PuS Cel 1 12 4 27' 7 PSE&G 1 64 Grth Ind 20 91 20 91 24 .1 26 41 i unavailaD'e 25 Pullmanln 2 Guard 84 HmH DA 4 85 5 30 MFdGv S 10 98 11 18 U PurexCp 26 Puroiat 1.60 Ham Gr 9.09 8 84 ,Sw Inv G 7.14 7.72 22 U i CaterTr 1.20 2 Celanesf Centl Soya 1 CerroC .fiCg pre- or 18 AMC-ve- Markets in Brief !c. 00 NcLily 500 PerirCl'v, 6 000 at Jlc, T ntirM n 2 000 at Vc, 7Q0 at $1 90, y PvEngProd 19c. sais EurStond, 5W at 65c me tarn . orio e 19c. OreatWest, 2 000 at 22c. J stne m ) 000 at -' Ouotfstf-- 55 1,500 C-- Bank Gearings 1 at ?0c; Canyorlands, 11, COO at 101 , IHO at ve. BuiiMon, nf M Pharlntl Same day last 34' a .J Morrxe ft ',."'PrleerSonol th1 If Bid Emhkointl 93 setre 84; 92 srore Filter 5; Pru.es to producers: Larqe AA small AA 10 13. medium AA Eoqs: LOS ANGELES Priras to retailers for distribution plants AA extra V large (d'ive-e- d AA taoe 460, AA medium 45 55, consumers AA large AA small 29' 5 AA md urn 0 e hens Roarers 76, Poultry; wtd avg. A95, (at (delivered ranch) 4 5' a, wtd. avg. 3 85. Mondays 35' 113 .65 Bath Ind .20 Beat Fd 1 6 Beckm ,12b beechAr BeiccPetrl pe.I&Hli .60 Bene ix tO Bengutd Inc SECURITIES EauityOil fir&tjecCrp 70,5 Quotations the NASD art change Include reta.l markup, rnisslon' DenvRelEst Salt Lake to retailers, tons, cases large smell Monday's Quotations Yesterdey'j bank debit tarn dai last year P akerOil Ovpr the Counter JrftimhW GienA'd 14 FisherSd 79 20 20 er, output of other durables and nondurable materials declined. During the automobile strike, industrial production fell sharply in September, October and November before picking up. Dairy Market 419 400 196 POO 171 200 154,700 138 200 b1 Late last year, the administration i il Amcricau Stock Exchange dicted the economy would pick up after production recovered fiom the impact of the auto strike. The Index advanced 1.4 of percent in December and seven-ter.th- s 1 percent in January, indicating that the rebound in the economy was on its way. But the board said auto assemblies in February increased by 8 percent, reaching an annual rate of about nine million units. And, it said, auto output schedules for March indicate about the same level of production. mter-dea- 0 Ml 41 New York Stock Expense Monday; t) 9 vvr' lentafve Unch -- 0 17 8 42 Daily 500 Stock Index W.thdrawa1 fiscal year 1.6 984124 v97 9 Total debt J3 187 710 c Gold asset 10 712, (105,49 J (a) Include 28,14.690 7! debt not subiect 10 natutory The board said the index stood at average, a percent of the 1957-5figure that was 5.6 percent below the peak registered in July, 1969. The drop followed two straight monthly increases in the key indicator, but those gains were largely attributable to a rebound in the production from last falls General Motors strike. from 2 55 53 WASHINGTON (API Tne cash potition of th Treasury March , lPTl compared to Aharch 10. 1970 (In dollar); Ba'ance 5 4MW3010M ?4114;50 5J Dmxsits fiscal year Jui, 1 12s 732 37,Sl A 137 Oat 955 St The Monday produc- Quotation Pons 43 8 U.S. Treasury Production Dip Federal (AP) Reserve Board reported ia; th. 1,003 Monday 0 Cf 51 -- T- Katyind Tallied by CHICAGO (UPI) Chetse 5 ll procesed Cheddar Muenster brick 624-73- ; longhorr. daisies single Swiss 40 lb blocks 624-66- ; blocks too few to reoport; lwheels) 69'a-75A lb) grade B grade J7T.7J1 a grad c 64a-6rrlvls Total 56; ihipm.nti Potato: 110; track 102; demand fair, market abcut steady. Idaho rusTrack salts C100' U S. sets 2 inch 4 ounce minimum 4 50-- 60; Dakota Red River Vai Minnesota-Nort- h 90; extra 'arge natu- ley round reds 2 rat color 2 90, pickouts large 2 40. Onions: Total shipmerts 37; arrivals 6, track 28;- no sales reported. BufferPrices paid delivered to Chice- go steady. 73 score 69 74; 92 score 69 784? 90 score 67 784. Eogs Prices paid delivered to Chicago Improved? cents per dozen (80 per cent A or better)- - Jumbo too tew; extra large mediums while 33 33'? large white too few; standards too few. Prices to retailers (Grade A, In cartons Extra targe Urge delivered): 39' 440; medium 2 Bonds High grad ra 2nd graoe rada Pub ic ut titles Industrials Va advances and only declines an impressive showing for market breadth. Big board volume improved to 18.92 million shares from the previous session's 14.68 million shares. Produce Cattle.6,500; elaugh Linstock ouo-- , CHICAGO (AP) OMAHA and tier steers steady to weak, instances 25 ttions Monday: Hogs8 500, barrows lower; sau,hter heifers weak to mostly gilts mostly steady,3 instances 25 lower on lb slaughter 230 20 lb steady to 25 lower; prime 2 4 lb; 2 00; load around 1.271 lb steers 34 strong, instances 25 higher; 100200 h3ad lb 250 25 lb 35 25; hgh choice and prime ?10 225 lb 18 lb 32 4 50, 33 1 50; choice lb 16 50; prime JCO 350 lb mixed good and choice 31 25 300 16 6 50 ; heifers 33.00; high smv 25, steady to 25 lower; 1,083 lb slaughter lb veld grace 2 to 4 choc 00. 5.650 lb 15 lb yeiid grade 2 to 4 choice steerc end 31 Cattle-none? 2 000? calves choice end 25; m.xed good Fe fers strong to 25 higher; cows 25 high- - ;o,o or; utility and commercial cows h'Sh S31 22-- s TelexCoo 0 c oenPet The board said output of most home goods and consumer staples declined, as did industrial, commercial and defense Production of commercial equipment. aircraft was also off. One bright spot was a stepup of production in steel, construction and farming materials. At the same time, howev- The Alta Industries Corp. board of directors has declared a regular quarterly dividend of V2 cents per share on outstanding common capital stock. The dividend is payable April 1 of this year to stockholder of record on March 19, 1971. on Potential Report lb 22 W, 13 locks tiadtd on Output Decline Alta Industries Divided 10 10 10 10 CS Industrials 20 Ra iroads 55 Utilities -si 500 Stocks 48 AveryProd Below Peak Shipped Ore to Colorado Here lies practically all of Utahs iron operations included in mines operated ly 50, 48 31 4 13 57 s 21 fast-pace- d Geneva plant The government-buil- t during World War II marked the fourth and major stage of Utah iron ore development. Production from Iron Springs during the years up to 1961 totaled about 3,108,820 lonb tons annually. Mincralogical Survey. of the report deals with the rectandistrict, northeast by southwest by southwest about 13 miles west of Cedar City. 2 111 2M 140 38. 164.8 43 Ten Leading Stocks later this year. d ological and The bulk Iron Springs gle running 30 5X32 Admiral Cp Air Prd .JHg Air Red .200 3 4 1334 53 1 park. (101-pag- choice 484 1 From 1869 to 1922, the principal use of Utah iron ores was for fluxing in the smelting of lead, copper, zinc, silver and gold ores. Ironton works south of Provo had its two decades of glory thereafter as the first major blast furnace operation. Some 120,585 long toi.a were shipped from Iron Springs yearly to Ironton, which has been razed to make way for a Brigham University-affiliateresearch Young U 1 9 HEW YORK (AP, Low Close Chg. High 58 four-tenth- Used as Flux in Smelting discovered in ,25o 50; Saies(hds) 2g ,30b 1 likes in lion County not far from Cedar City This is where iron ore was first steers prime 311,V5 AcmeMk Adeems tion of the nations factories dropped sig- BefiStl no Black&D .88 in February, handing the Boeing C .40 nificantly 23 Nixon administration a setback in its RoiseCas Bord)e$h.20 Wr Borg I'i drive to expand the economy this year. BostEd 2 24 Bourns Inc The board said its key industrial proBran'ff Airy s duction Index retreated of 1 Briggs 2 40a 30 Bris My percent last month although output in the BritihPtrl ,43d jBritPet automobile industry advanced again. 'BrnShot DY .12 The drop revealed continuing weakness prunewk 20 BucyEr Comp in the economy, reluctance of big business Buoa BuioveW .60 0 to spend, and no big stepup in consumer Eurllnd Burl No 47b .60 spending. Rurrgns The new statistics mean that the administration has a long way to go in get- Camp S 1 10 ting the economy moving again and CanPsc 3 30 CaroPL 1.46 expansion CarrierC .60 reaching its goal cf the transcontinental railroad. of Standard and A Federal Board 1968. Utah stands fifth among the nation' states in iron ore production. Of the 429 counties. 12 have few or no Fifteen deposits. have surface occurrences with sir. ill value. Washington has two Couny deposits. NEW YORK (UPI Selected stocks on the New York Stock Exchange Monday. Consolidated Inspiration Copper moved up 4?g to 487;. Kennecott, appearing on the active list, gained two points to 38. Phelps Dodge rore to 46 and Copper Range added l;g to The list of highs and lows, effective Monday, henceforth will reflect 1971 prices only, instead of a 1970-7- 1 range. Tne New York Stock Exchange displayed 214 highs and 17 lows. On Friday, the reading was 89 to three. WASHINGTON Inc. h, fcankryptcy-rece.vershi- p (Copyright) Top Iron Ore Deposit In West Near Cedar Lynch Pierce Fenner and Smith 123 Sooth Ma n Memoer of the New York Stock Exchang by Merrill r69 fl e6?2 00 Kennecott Posts Advance IJp and Down the Street Mondays Quotations Furnlsftad ti) strong on news of production cutbacks In Chile and advances in copper commodity prices. There were Dow Jones Averages Volume AO 4 or reorganiza7 90 XO Noon tion; (s) capital distripjtioni x) to 470 0ud oopm. when Issued (wt) war- - 200 pm. U 590 10 rams 3 oo p.m. 16 70 000 18 920 XX) FRACTIONS (f) Indicate following Told' Volume High figure is f'set on in 32nos; (I) Hxuates 9CS 2D S,2S8 500 91 ?! 095 figure is fraction In 64ths; (r) 3e: 204.34 iX 92 figure is fraction In 056tt;s; (s) p'1 V 000 124 ,2 12 44 14 27 fo'lowing figure is fraction In Ittths; 1 891 4CO 799 (4 y'j 59 295 4) 141 indicates following figure la fraction in Comp. 88 Commodity futures Inoex HthS. m 420 39;. the market over its latest hurdle stocks are new at their best level since were the decline in interest rates, the rally in the bond market and the willingness of investors Helping fteek uuotofttnt fumfthat Etiwa rmt 4 Son, me.; by A. G. Investors Take the Bull by the Horns As Market Registers Top 1 971 Gams NEW YORK You could almost hear the hooves thudding through the cannon of Wall Street Monday. The bull market finally broke lore again after being penned in for a month by the barriei at 900 on the Dow Jones Industrial Average. This indicator, gaining momentum during the busy session, climbed 9.8G points to close at 908.20. It thereby marked the biggest gain of the Final Quotations 1 1 6r 10 54- -, i 4 Dec rn: C March May July Sr-- f, 1 5J 1 55 1 U 1 Dec. arch Oats: March .May Interest Rate (Annuity Registered Convertible Subordinated Debentures Due December 31, 19R6 5'4 1.5 K .7? .74 Ju'y ' 8 The oecuritteo art redeemable prior to d maturity under irrumstancet gumma-ruein the Proapectue, .71 Sept. .74-- 4 Dec Soybean 3 Me'ch 93 308 IT May July Aug. 3 3 09 Sept. Nov. 7 94 2 Jn. er, 2 97 4 "kELL1T& MOREY Ulond H. Tuft P V ' DISTRIBUTORSHIP BILLY CASPER INVITES YOU TO MOST PROFITABLE EVER OFFERED INVEST'SATE ... THE B!STRIEUTORSHIP IN THE COLE AMO FIELD. Set our id in th Business C?p:r!ur,,;,es Section or C21I MK. JIM BENDER PHONE (801) 383-678- 1 Fire, theft, 5'ass, van cal sm, fam ly liabi.ity. Homeowners Irsjrance PcLcy. trtorma-tio- n w thout obi.gation. Ted Whitney Inqj're-V- f. HOGUE INVESTMENT CO. 220 Kearns Bid. 322-13- c ? tI iy FRED DALTON , It Frewd t .npcutict his HiliatioR with the Seles D.et1met ot STREATuR GKtVF.uLET MAIN AT STH SOUTH Cell Him 328-129- 9 c I . 629 Yin. Strea I Murray, Utah 84107 Fhon. I would li.e a proicwcfuton ImmsioiS 1 f URdmt Corpwation ot Nix lorn. I |