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Show Business Outloo1 Salt faltf ffilitm Static in Release of Statistician By J. A. Livingston Pulitzer Prize Business Writer But whom can they possibly get to replace him. Who, of comparable eminence in statistics, now would take the job? That .was the instant reaction of economists and statisticians to the news that astonishing President Nixon had the resigna- tion of Geoifrey H. Moore as commissioner of labor statistics. im disappointed that the administiation did not see fit to retain a man of his caliber, said William H. Shaw, president of the American Statistical Assn., and I am hopeful that the administration will find a person of his stature as a replacement. Shaw is assistant to the treasurer of E. I. duPont. John R. Meyer, president of the National Bureau of Economic Research, with which Moore was associated before he went to Washington, declared: if ever a man was a perfect match for a job, Geoffrey Moore was for commissioner of labor statistics. Well welcome him back at the bureau if he decides to come. How surprisingly it came about! And how ironically! On Friday, Dec. 8, Moore testified before the Joint Economic Committee.' Rep. Henry Reuss, paid him this compliment: I hope youre around as commissioner of labor .statistics for 20 years. Six days later, Moore got his Dear John telephone call. Maybe approbation from a Democrat is the exit line for a Republican appointee. I checked with Rep. Reuss to make sure his was not a congressional courtesy. He reNot at all. Moore is a competent sponded: professional. Hes always dealt fairly and honestly with the committee. When Chairman William Proxmire of the Joint Economic Committee, also a Democrat from Wisconsin, heard of Moores firing, he said: The inclusion of Commissioner Moore in the current reshuffle of political appointees increases public anxiety about our basic statistics. Both the public and private sectors of our economy depend on accurate, unbiased and objective data, free of political management. Many millions of dollars, in private contracts and public programs are determined by price, wage, and unemployment figures prepared at the Bureau of Labor Statistics. Its an understatement to say that Moore was taken aback by his He had planned to stay on. And had reason to think he would. The BLS commissionership is a position considered above politics. - $142.00 ; oz. 76 Ib. Quicksilver, Tin, N Jf. prompt delivery 176.25 Tungsten powder, 96.8 per cent 0 num pure, nom Ib. Zinc, prime western, U.S. 18.00 , flask. c Ib. mini c Ib. LONDON (UPI) Spot copper wire bars closed the second session on the Metals Exchange Wednesday V, pound and sellers 437 higher with buyers 436 pounds sterling per metric ton. Forward 1 and pound higher with buyers '448 sellers 449 pounds per ton. Sales 7,825 ' tons. Spot cathodes VS pound higher with buyers 429 and sellers A29V pounds per ton; forward pound higher with buyers 440 and sellers 441 pounds per ton. Sales 3,500 tons. Spot tin 2 pounds lower with buyers 1588 and sellers 1590 pounds per ton; forward pound tower with buyers 1602 and sellers 1o04 pounds per ton. Sales 285 tons. Spot teod Vj pound lower with buvers 130 and sellers 131 'A pounds per ton forward unchanged with buyers 132 and sellers 132 pounds per ton. Sales 900 tons. Spot tint unchanged with buvers 159 ond seMers I6OV4 pounds per ton; forward pound higher with buvers 16472 and sellers 104 pounds per ton. Sales 1,250 tons. Spot silver .40 pence lower with buy ers 82.70 and sellers 82.80 pence; 3 months forward .40 pence lower with buyers 84.70 ond sellers 84.80 pence; 7 months forward .50 pence lower with CITY (UPI) (USDA) -LWednesday: Cattle 1,4CO, calves 400. Cows steodv to weak. Feeders fully steady. Cows utility and commercial feeder steer 0 Ib. end steer calves choice 5 choice and prime Ib. 45.50- KANSAS ivestock to Hogs 3,000. Barrows and lower. U S. No. Ib. No. steady to 25 higher. U.S, gilts steady 205 25 Ib. 32.50; Sows No. 0 Ib. Sheep 200. Slaughter lambs 50 higher. 0 Ib. cull to good Choice ewes ' Livestock Wednesday: JOLIET (UPI) Cattle '7,000. Trading active. Slaughter steers ond heifers 2550 hife. High Ib. slaughter choice and prime Ib. ; choice steers two 0 Ib. foods 1375 tb. 38 00; mixed good Ib. 0 hign choice choice Ib. and prime daughter heifers Ib. 37 choice food mixed good ond choice 840 ib. 35.00. 2, Board of Trade COPPER FUTURES NEW YORK (UPI) Copper futures Wednesday closed 10 point higher across the board. Sales 862 controcts. $ Settlement prices on prev. and close. ' Treasury to? Intermountain Stock Exchange .05 .07 .02 200 nstec85 5 ?.S'eseof5 95 75 EoslUah Enelre NewPark NewQumcv NoLHv at $10 00. ot 6C. 000 sales in hundreds (00)' omitted? those designated (z) which ore traded in 10 shore lots ond corned in full. DIVIDENDS: ore annual unless otherwise identified: 1o) olus extra; b) paid lost year; (c) payment on accumulated dividends; (di declared or ped so for hi ywr no regular rate; let cosh plus stock; (g). annual rote plus stock dividend; h) ootd this year latest dividend omitted; (i) percent in stock; (k) percent in stock paid lost year; (q) Ht or reorgonizo-- . tion; (s) capital distribution; (x) (wi) when Issued; (wf) war rants. FRACTIONS: (f Vindicates following figure is froction In 32nds; (I) Indicates following figure is fraction In 64ths; r) following figure is fraction in 2S6ths; (s) following figure is fraction in 128ths; (t) indicates following figure Is traction In 16ths. 1,456 752 180 300 96 116 92 Assoc Trons Wool Markets BakerOI! Bangor Bath ind Beat Fds Beckm wool Range of prices this year: ?c 57 TC. 30 Suds. 1036.27! 889.15 High Low Mr. Melich had prac- 13 11 NEW YORK (UPI) YORK (UPI) Greou futures closed 15 to 45 points higher on the New York Cotton Exchonge Tuesday. Certificated spot wool 176.0 nominal. NfeW 14 18 16 10 Dayco 1.14 DayPLt 1.66 1.08 Deere . 98 Del Mnt 9 11 Dio Inti 15 11 .. 13 15 39 51 15 .. .. 13 11 12 Both understood mining and had been involved in it. Both1 were Westerners with an awareness of public land problems and problems of natural resource extraction. placed with men of like ber. A random survey of mining figures in Utah and Washington, D.C., indicates that Mr. former Republican candidate for the Utah governor RioGrln .60 7 RioGf pf .80 .. .86 26 Riviera RoonST .75d ... Robshow .76 15 RochG 1.2Cfc 11 Rokweil 1.40 12 Rohr Ind .80 18 Bonds 1st RR 2nd RR Utils Indus It a.m. Noon 20 275.71 212.24 1 1010.46 1010.08 1007.75 1008.13 227.10 226.40 225.97 225.39 4.36 3.41 1.49 20.69 120.18 - 14 Brls My 14 18 18 BritPef 11 BrGroup Brunswk .24 19 BucvE 1.20 12 rindless block 721; Cheese sandwich loaf 75; mild longhorn 8). Butter r- - 93 score 87?, 92 score 87. 7 12 16 33 12 13 .43 326.94, 326.57 0.64 0.52 -0- 40 Foberge Foctor .60g Foirch Com Fairlnd .30d FoIrmtF .50 CessnoA Barley 20N. Soybeans 3 higher. No. Chicago high rote. 1 1.00-- Over the Counter Quotations from the NASD ore represen r tative price os of approximatemarkets change ly 1 p.m. throughout the dov. Prices do not include retail markup, markdown or commission. -- ttftjffflL Bid Asked .TO ChaseMon 2 Chemetn .80 yellow 4.16N. ChesOhio 3d Chris Craft 1 Chrysler On Gas 1.56 2 CIT Find CltletSv 2.20 feed molting Cltv Inv .54 .. 11 12 12 13 7 1.64 46 .34 3J 1.46 27 CocaBotl Colgate Collin Rodio .. Collntsf 1.60 13 CBS 1.46 20 Col Gas 1.82 10 Cm Solv .40 27 CmwEd 2.20 12 Comsat .56 26 Con Ed 1.80 10 ConsFd 1.30 18 Con Frgt .52 11 ConsNG 2.03 10 Consm Pw 2 11 Conti Air Ln 19 Cn Con 1.60 11 13 Conti Oil 1 .84 17 Coot Tel Data 20 .30 .80o 4i DonRIver M Oort in .300 11 8 10 38 14 13 8 .. 24 13 21 16 520 22 311 145 63 41 215 20 31 34 40 53 260 33 33 52 204 31 31 46 63 21 669 86 12 26 102 7 13 16 41 21 12 11 14 18 47 10 38 4)8 522 647 106 52 4 350 i 07 25 106 106 24 10 10 32 36 38 3V4 25 10 32 36 58 281 35 38 18 18 15 IS 57 67 80 15 32 190 35 34 27 250 16 240 67 33 18 18 36 316 48 313 218 57 67 15 318 15 V 57 67 .71 53 GAC GAF 23 16 21 143 40 20 33 M 33 52 30 45 20 84 121 Vs 143 6- Vs Vs 1 40 20 33 1 51 1 33 52 31 46 20 84 14 14 39 49 9 39 49 9 14 14 ...Vs 3- 2215 67 17 47 17 36 4 214 2)7 36 34 43 89 6 525 38 82 24 60 50 235 47 272 15 64 37 150 145 33 29 26 65 33 29 27 38V4 38 27 15 21 27 15 21 Gen Tire ig Go Poc .80g Gerber 1.35 Getty 1.17d V, 17 17 37 183 64 207 25 144 46 24 2i 36 64 25 45 21 2- 30 30 296 369 31 29 17 28 17 29 153 30 X 287 38 30 38 24 25 349 60 32 261 79 35 165 33 57 21 11 161 41 1C81 33 49 30 78s - - 59 259 34 32 21 n 29 37 29 .. 190 179 26 90 30 62 29 31 26 15 95 43 21 7 4 30 25 40 26 89 29 7 4 30 25 61 28 30 2o 15 42 .. 26 89 30 62 28 30 26 ... ... 15 42 H 1.04 Idaho P ideolBas lllCenln III Pwr Imperial 1- Interco IBM Vs STEIN ROE FDS: 24 60 24 60 Bolonc EATON HOWARD: Boln Fd Incme F Fd FIDELITY GROUP; Soecll Stck 10.85 11.88 6.76 7.39 10.2011.15 15.1616.57 46 1- Copitl Stock UNION 12.3112.31 17.7717.77 SERVICE GROUP: Brd S IV 16.28 17.79 FUNDS: UNITED 8.35 9.15 Aceum Cent gw 12.55 13.75 Cont Inc 11.5612.67 15.38 16 85 Incom 8.21 9 00 Srtenc 8.68 9.51 Yongd USA A CO 13 97 13 97 VALUE LINE FDS: Vol 5.18 5 68 Inc Vo! Soc 4.74 5.19 VANCE 17 38 25 59 261 34 24 85 8 77 21 11 78 INVEST Select -1 Vo r Pay I S I: 30 17 12 124- 45 50 49 4- 9- 28 Vi 5 30 8.99 GROUP 9 66 10 3 9.75 10.60 4.62 5.05 Grwth 4.09 4,47 itvom KEYSTONE: 2 0J8 Cust Bl SANDERS: 8 57 Bos Pnd 7.54 Vikng Gr WohSt gr 9 68 'Wash Mu 13 01 WELLINGTON GROUP: 26.81 Explor 8 44 Tchnly 14.31 Trust 13 02 Welsly 12.25 Weiitn 9 23 Windsr 5.13 West Ind JOStens .73 JoyMfg 1.40 .50 KaiserCt .50 KC So Ind 2 1.02 KonNeb 14.22 KanPLI 1.43 KavserR .60 Kenmetl .64 Kennecott Kerr Me .60 ... 15 14 13 10 64 23 39 09 5.62 13 IS 12 15 9 14 12 13 Kim Cl K L M KnghIN Koooer 1.20 Alrl .14d 1.72 17 251 216 212 100 254 15 33 14 51 13 135 179 181 83 104 6 17 132 PuS Col 1.16 12 60 78 60 17 15 17 15 33 32 1 17 16 17 42 62 43 26 27 42 63 43 26 27 17 16 73 26 28 17 16 72 31 13 58 17 16 71 31 13 58 32 31 31 901 12 10 49 52 45 9 27 36 13 136 23 76 28 82 22 169 18 180 12 45 17 169 40 42 44 482 54 11 11 49 44 27 49 44 27 13 23 27 22 18 97 32 24 25 84 22 246 24 36 47 136 18 20 62 23 27 21 18 11 17 V V2 1- 40 43 32 43 32 24 43 24 18 34 18 y 22 22 114 114 42 85 35 41 51 17 51 2? 23 46 17' 123 46 107 22 24 46 18 61 18 61 42 34 37 25 42 34 37 25 25 123 45 107 139 131 115 170 495 492 41 187 39 25 9 31 41 50 37 50 386 38 24 8 31 40 57 36 48 389 39 24 8 j V5 Vs V4 Vs 31 40 57 37 49 V4 1 Vs Ralston .70 Raython .60 RCA Corp Rei Elec .70 Rep Steel la Revlonlnc Revnlnd 2 Rey Met .40 24 13 20 23 17 26 10 .. 249 219 460 55 102 153 252 325 .. 15 16 26 17 54 11 14 9 9 ,24 .14 8 23 .. '24 33 17 1.04 Fx 42 42 170 4- 243 Wlk 78 12 15 30 12 136 16 15 11 )g BundyCp DoyMo Deseret Dixlvn C E Svstm .30 Fash Fed Feimont Find SB OH 2- 15 31 12 136 16 15 11 114 V4 ... 113 265 114 57 57 103 57 14 14 75 14 21 21 313 21 20 20 5 20 26 26 73 26 7? 72 157 73 19 251 20 20't 1 55 55 69 56' 1 59 57 486 59 20 20 1010 20 65 75 66 Vs 65 45 45' 135 45 49 49 50 49 32' 32 197 32 14 13 316 14 28 41 29 28 48 48 336 48 14 14 49 14 36 36 52 36 102 101 2 282 102 54 48 54 54 4 4 4 78 78 78 408 79 411 87 87 86 61 93 93 93 45 43 45 45 35 34 389 35 17 36 35 35 6 53 53 5- 342 42 38 43V 41 Vs 41 59 41 9 9 88 10 2 19 344 342 344 37 Va 37 49 37 ... 18 13 ... ... ... 24 43 208 20 28 112 37 553 37 113 59 1071 43' 43 19 28 19 28 36 36 36 ... 36 260 17 92172 2 22 174 11 4 66 383 17 118 10 -u- V Vs 1 V V ... ... ...V ... Vs Vs V4 l - ... Air .05d 17 448 !5 WsBonc 1.30 13 103 36 Wst 1.40 20 Westg El .94 20 Wstvoc 1.05 22 WhelPitt Stl 27 Whrlpool .55 21 Wh Con .4ug 11 WUnion 2 1 14 923 46 823 44 27 14 86 72 107 317 27 21 35 20 14 7 28 40 31 14 35 45 43 26 20 35 19 14 7 26 40 3- 42235 1- Vs Vj XeroxCp .64 48 367 146 147 147- ZaleCorp .68 Zoyre Corp ZemthR 1.40 23 12 23 V 42 26 53 41 68 242 42 26 52 133 42 323 - -z- 30 55- 43 Vhtte Motor 74 Whitt okr Co 13 Wakes Cp 1 15 WmnDx 1.20 20 Wojlwh 1.20 13 609- 14 7 27 -- 40 31 Vs Vj ... ... s X 43 34 37 26 26 7' 51 15 25 71 50 71 50 15 IS - 26 52 American Stock Exchange Broscon 32 244 40 1 ChompH .02 Circle K .?6 Gory Corp Colemon Computes! Creole 2.20o Cutter A Cutter 8 ... 57 36 23' ... ... Tandy Corp 29 Teledvne 31.12 Teneco 1.36 11 Tesoro Pet 14 Texaco 1.66 11 TexSTr 1.58 19 TxGosT 1.58 12 Tex Gulf .60 19 Texlnstr .84 44 Tx PLT .S2d: 6 18 Texas Util Textron .96 16 .40 12 Thiokol TTriftyD .37 12 Timkn 1.80a 11 TraneCo .90 24 Trnsm .55g 15 TronUn 1.33 17 Trons W Air 14 TriCon 2.27d .. R 310 39? 14 11 .. TwenCn 94 100 688 12 136 16 15 151 13 ... 44 39 22 117 it) 1283 31 1.85 12 StudeW 1.20 10 Sun Oil .99e 12 SunOilpl 2 Sunshine Ml .. Sup Oil 1.40 167 Swift Co .75 13 TRW In 42 43 174 67 StewWn ... 91 42 38 26 36 1.66 H 37' 53V4- -1 9 24 26 37 86 36 43 38 9 24 6md 17 11 S 599 Std Kollsmn . . StdOCal 2.90 ,13 StdOInd 2.39 17 StdOhio 2.70 26 Stauffer 1.80 15 SterlDrg .55 30 Vs 9 9 44 Vs 44 3 3 91 St 17 37' 5 36 23 32 11 17 39 43 53 24 V4 2.40 SierraPc .86 SlgnalC .60g SignolCopf 1 StmnCo 80a SingerC 2.40 SkoggCo .40 SmithK&F 2 SonyCp .08d SouthCo 1.30 SoNatGs 1 SoPacif 2.16 SoRail 1.60a Southld .24g SowstPS .78 SperryHut 1 SpRand .60d Sorooue El Souare D la Squibb 1.51d 13 57 13 V4 28 42 65 -p 23 John jn .40a JonLogn .80 JonesL Stl 10.38 29.30 9 1.72 11 1.68 10 .50 36 .60 Jontzen JopanF .58d JeffPilot .92 KoiserAI 9.37 7.54 .. PSE&G 1.72 10 Pullmonln 2 14 PurexCo .84 13 Purolotr .84 25 14 11 11 16 11 14 .40 InMtnCh Inti Mining Inti Nickel 1 26 1 20 Int Pap IntT&T 1.24 16 ITE Imp .60 17 IteK Corprtn 29 18 30 f 9 12 14 01 163 43 PocPetrl 12 52 25 PocPwr 1 78 18 Pc T8T 1.20 15 Pan Am WA . 1921 9 44 Ponhdl 1.90 12 3 Penn Centr . . 91 Penney 1.04 34 9 PenDix .20g 11 25 PennPL 1.68 10 Pennzoil .80 15 279 26 112 38 PeooGs 2.24 1 29 145 86 PepsiCo 67 36 Pet Inc 1.35 12 356 43 .64a 29 Pfizer Phelp D 2.10 9 106 38 PhilaEI 1.64 10 189 22 121 114 25 PhilipM PhilPet 1.30 22 300 42 Pillsbry 1.5? 16 106 52' Pitney B .68 19 304 17 Polaroid .32 89 293 127 12 166 46 PPG Ind ProctGI 1.56 31 200 109 12 12 .. -- 4 461 1 .. .. .. OccfdP .12h OccidPtpf 4 OccPtpf 3.60 OccPtpf 2.16 OgdenCp .60 Ohio Ed 1.54 OkloGE 1.32 OkiaNG 1.24 OlfnCorp .88 Omcrk .05e Or Rckl 1.20 Otis El Co 2 OutbdM 1.08 OwenCF .78 PocLtg 14 5.40 36 IntHorv 1.40 25 32- Co INACp 1.40a Ingr Rn 2.08 Inland Stl 2 13- 21- 73- 66- 4- 3- 1.76 .70 1.22 2.20 95 803 -0- 41 22 Hilton Htl Hoff Electn 15 Hoi Inns .27 32 Homestk .40 34 1 40 32 Honywl Hoover 1.20 14 Horizon Cp 3 Hou-e.86 15 HousLP 1.36 17 HowardJ .16 37 Howmet .70 9 15 32 2358 9 16 818 31 26 41 21 80 77 Hercul 1.04o 22 Hershy 1.10 15 Heublein .92 30 Hewitt P .20 58 Vs 3- 6- 109 32 85 Heinz 4- 6- 34 5- 34 190 13 7 4 61 .. V 49 34 51 47 no 9' 25 10 12 61 81 78 21 .. 36 24 22 253 93 946 24 Cust K2 Cust SI Cust S2 8.27 7.43 24.03 12.17 V4 246 6 25 22 21 106 29 144 156 121 26 GtWFin .30d 14 Gt West Un 6 1.04 11 Grevhd 9.07 Grunin ,25h 8.14 Gulf Oil 1 12 26.34 Gulf&Ws .64 10 13.34 GulHiWs ws 55 34 52 25 12 6 19 12 103 374 863 334 13 Nabisco 2.30 17 ... NatCosh .40 Nt CltvL .90 8 NatDIstil .90 13 Nall Gen .50 7 Ntl Gyp 1.05 9 13 V NatSteel 2 Notomas .25 60 NevPw 1.30 13 NEngEI 1.68 11 Nwmnt 1.04 14 NiagMo 1.14 9 NL Indust 1 12 ... NorfolkWs1.605 1110 NoARk NoCntGs .60 14 16 NwBonc 1 ... 1 Nwst Ind .65 9 66 144 25 92 23 73 r.vt K1 2 21 15 Gilbert Flex Gillette 1.40 1 Goodrich .88 Goodyr Groce W 1 Grond U .80 Grant W 1 GrtA&P .80 130 98 95 5 20 34 37 25 68 28 13 25 Cust B2 2106 23.07 Cust B4 9.11 1C.06 1 3- 3- 36 144 1.60 716 69 372 29 28 .. 26 5 20 34 37 25 68 28 13 25 60 80 77 HomPop .50 49 Horrislntp 1 21 HartSMx .80 18 Hecla Mn 21 26 6- 33 54 46 6 38 24 49 46 .. GTE 34 15 616 42 452 5 20 34 38 PocCas - 32 34 26 4.45d 1) GenMotpf 5 GPubU 1.60 10 GnMot Gen Refract Gn Steel Ind 1 8- 14 Corp . . Cp .40 12 GamSk 1.30 9 Gannett .25 33 Gen Dynom 1 Gn Elec 1.40 25 GnFood 1.40 13 Gn Host Cp 14 Gen Instr 21 18 Gen Mills 1 23 164 100 26 59 51 - N G 70 - 14 66 55 21 46 2 D 36 21 - 152 14 188 40 312 50 52 10 44 14 Wednesday December 20, 1972. 241 CleveEl 2.28 12 CocoCol 9 16 47 Funds os Quoted by the NASD Inc. 57 34 17 12 11 11 - - 175 Mutual. Funds 10 17 61 34 Camp $ CoroPL 1.52 11 116 30 CorrlerC .42 21 322 27 CuterTr 1.40 21 1206 67 CHICAGO (UPD Cosh groin: 188 40 2 12 No. 2 soft red Celanese Wheat unchanged. 24 27 Centl Soya 1 13 2.50'N. .40a 10 104 15V4 Com 1 hioher. No. 2 vellow 1.57N Cerro 30 22 Oats 4 higher. No. 2 extra heavy wh te Cert ante .43 9 1.02N. 21 1.60 - Saxon Indus 52 ScherPIo .96 50 S C M Corp 13 ScottPop .50 19 Seab W Airl 9 Sears 1.40a 30 3 3 Mod Square 19 100 3 1 26 26 Magnav 1.20 18 292 28 Vs 35 35 Mar Oil 1.60 14 135 35 29 .00 15 345 29 28 Chg? Morcor 31 32 MarMid 1.80 9 100 32 35 35 Marriott Cp 54 135 36 V4 91 37 36 V4 36 MarshF 1.18 19 18 18 MortMr 1.15 8 126 18 18 12 18 19 36 . Fer Massey 1 50V4 49 May OS 1.60 16 131 51 31 17 31 30 MaverOs .62 18 39 1.20o 20 64 39 39 Maytg 39 25 25 25 McCrov 1.20 7 74 74 McDonld Cp 85 310 75 Standard & Poor's hourly Indexes for Wednesday: 40 40 55 40 McGrEd Vt 17 16 16 McGr HI .48 19 266 16 43 10 43 43 McLean .60 14 15 15 MeodCp .60 15 569 15' V4 17 17 137 18 Memorex 89 1.18 46 202 90 88 Merck 31 23 23 23 Vs M G M Inc 15 19 18 109 10 10 10 .34h .. Farah 83 362 84 8- 4Vs MinnMM .96 40 22 25 23 25 23 25 Fed Paper 1 12 21 21 17 21 MinnPL 1.36 9 45 45 46 46 Ferro Cp .76 15 112 45 81 81 Mo Poc A 5 6 4 81 25 V Fireston 24 23 273 25 23 .86 11 70 70 368 09 MobilOI2.8013 20 6 20 37 37 FstNISt.25h.. X1? 30 30 30 30 11 11 V Mohsco 1.10 13 25 12 21 21 Vs Fleming .50 10 12 13 1- 2149 12 23 70 24 33 33 FllnvkoteC 1 9 2- 3Monogram 48V.- -1 15 1.80 302 48 50 Monsnt 41 40 19 15 1.10 40 436 20 FlaPwL ' 140 37 37 1.68 15 36 41 V2 MontPr 40 247 41 46 46 Fly Tiger 51 16 18 18 33 19 MorrisKn 51 7 22 22 224 220 3 FMCCp .85 13 104 22 1 131 130 39 86 132 .600 49 9 Motorol 9 9 44 45 FoodFr .42e .. 7 90 Mt Fuel 1.80 32 986 97 90 74 74 24 25 Ford M 2.70 9 346 74 21 22 13 22 21 20 MtStTel 1.36 10 101 101 For McK .84 10 116 21 22 , 22 26 9 22 25 47 47 MurpCo 1.20 11 FreptMn .80 28 177 26 98 32 31 32 Vs Fruehuf 1.70 11 23 22 33 175 20 37 46 103 224 35 45 92 25 241 102 185 47 247 23 424 177 175 12 TO 69 1 53 53 23 114 23 F -c- Cash Grain 19 23 46 23 37 141 15 1.20 27 .43d 35 Burfo Co .40 152 26 972 78 57 147 .58 33 Safewy 1.35 StRegis 1.60 Sander Assc Sang Ele .43 ShetlOII -0- 28 II1 15 37 5 50 2 36 21 23 3 32 39 23 113 44 135 40 16 SoF Ind 17 11 RoviD !.91d Internatienal Press United By p.m. 2 p.m. 3 p.m. Close 124.141 Net chg. 105.06 Pet. chg. Trans, RovolCC Bonds: 40 10 10 10 10 cali- From Washington, Mr. Melich said the administration's action had come as a surprise, and he has made no plans for the time being. post. A E EoscoC .50g Eastern Air EaKod 1.08a EotonCp EIPasoNG 1 EltrcCp 1.28 Envirotech ESBInc 1.28 Essxtnt 1.20 Ethyl Cp .90 Ethvlpf 2.40 ExOi! O .80 Exxon 3.80d .. Block&D 1g 50 Boeing C .40 23 Boise C ,19h . . Borden 1.20 15 13 Borg Wr dost Ed 2.44 11 SALT LAKE CITY Eggs unchonged; prices to retailers, delivered to stores. In cartons, cases exchanged; Grode AA extra Grode AA large 614; Grade large AA medium Grode AA smalt ; Prices to producers: Grade AA forge Grode AA medium Grode AA small 11 13 26 77 23 59 Dow Ch 1.80 25 Dresser 1.40 16 Duke P 1.40 13 DuPnt 5.45d 21 DuPn pf 4 DuPn pf 3 DuoneL 1.66 11 15 30 13 22 33 1$ 9 20 Bourns Inc BramfAir 31 Briggs 1.20a 1.60 Dlam Shm 1 Dieboid .40g DisnevW .24 DistilSea .70 DrPepor .22 15 Benguvt Inc . . BethStl 1.20 10 Dairy Market 1.10 8 12 12 12 13 Dennlsn .70 DetEdis 1.40 10 20 Pn ward M Melichs and Mr. Doles defrom parture Washington posts is a loss to mining until and unless they are re- Ten Leading Stocks .55 14 .70 33 70 CrwnZ! Curtiss Wrt Ms Cyprus CombMBMet, 4400 at 2V,c. justheim, 500 at 6?c. TinticMln, fofjOat 17c. ship, ticed law in Moab for more than 20 years. Mr. Dole, a onetime graduate student at the University of Utah, had been head of natural resource activities for Oregon before being named to the Interior Standard & Poors Gosing'500 Stock Index .20 .62 50d BeechA .60g BefcoPet .50 Beli&HI .6O0 Cendix 1.60 CroneC SALES BuiiMon, 2000 at 7C. at 300 fhtfffCons, rUfvtnnjT .M0 at Sic, 1.000 at in the Nixon administrations executive shakeup, came as a surprise to the mining industry. tions NEW YORK (UPI) Dow Jones closing range of averages: Stocks Close Chg. Open High Low 30 Inds 1008.35 1014.98 1001.88 1004.824.36 2v Irns io.75 27.95 223.15 224 273.4 15 Utils 120.91 121.55 119.60 120.210.64 65 Stks 327.44 329.42 324.32 325.552.36 Transactions in stocks used in overages Wednesday: Industrials 1,149,200; Transportation 736,600; Utilities 213.000; 298,800. 4,340 At Richfid 2 24 Corp 88 1,743 Atlas Corp 9 445 Avco 0d 10 1,055 Avnet300 Crov-eH- ParkCitV Conducted by Don Personnel lnc the poll drew responses from 189 research directors. Dow Jones Averages Am Stod .40 30 AmT&T 2.80 12 AmT&Tpf 4 Am TAT wt Ametek ,60a 15 AMF In 1.08 19 Ampex Cp . . 9 Amstar 1.70 Anacon .12d 12 Apco Oil 41 11 Armco SH 1 12 Arms Ck .80 21 Ashl Oil 1.20 13 CPCintl 1.70 MveMotiC of AH Corn G Cox Brd LoPoc Mammoth .37 .CM 200 17 .85 recent poll of research directors at brokerage houses and other financial institutions. It has NEW YORK (AP) long been a staple of Wall Street lore that the "little guy, . . . does not get as good investment advice as do big institutions. That suspicion appears to be confirmed in a whether the division would litigate any deficiency of issue for the 1969, 1970 and 1971 tax years was still under consideration. contended that Kennecott The firing of Department of Interior Solicitor Mitchell Mel-ica former Utahn, and Hollis Dole, assistant secretary for mineral resources, is considered something of a trauma for the mining industry and the West. The failure to reappoint each following their resigna except for Contrt LoveOH .71 45 Crown Drogon Bid CurBull EurUtly EurStond Golcondo GrWest Jvsfoeim .52 .05 Crotf Banner, Brist f, 10.25 .07 taxes. l'4 Bank Gearings 50 . .1260 .0024 .1700 .0033 .0920 .1485 2. - said spokesman The New York Stock Exchange: final Quotations Bab&Wff 3.01 .0720 The lTCD sugar. Little Guv Gtts It Once Mor 1971. that determination By Robert H. Woody Tribune Business Editor If all of his incentive and h provisions were applied, he said, the revenue; 1.40 AlliedSt Allis Ch .20d 1.80 Alcoa 1.60 AmalSu A Hss pf 3V, Am Airlines A Brnd 2.29 A Brest 1.20 Am Can 2.20 AmCISg 1.40 1 AmCyon Am Distill 1 .43 ADIstTel AmElec 1.80 Am Export AFInSy 1.10 A Hoist ,40g A Home 1.77 AmHosp .27 AMetCx 1.40 pet 232 .0)33 and The purchase includes beet processing operations in Colorado, Wyoming, Nebraska, Kansas, Ohio and Montana. Great Western is the rations largest producer of beet U.S. Officials Lose Posts, Miners Wail Litt estimated his base price increases would bring Permian Basin producers an additional $25 million a year, more than a nine percent increase in revenue. (UPI) Livestock Futures: Close Pry. Open High Lew ICEO BROILERS: 30.00 30.25 30.50 30.00 30.30 Jar 32.60 32.75 33.25 31.50 32.60 Mar 33.00 33.15 32.50 32.90 May 33.00 33.50 32.20 32.508 33.00 Jun 33.00 33.00 32.20 32.608 32.80 Jly Prev. Units High Low Close LIVE BEEF CATTLE: 38.40 38.00 38.25 550 37.45 Dec 40.80 40.50 40.70 40.40 2,907 Feb 40.95 40.75 40 87 40.77 1,582 40.85 40.57 40.85 686 40.70 Jun At 39.40 39.25 39.40 115 39.15 38.70 38.35 38.708 38.32B 85 Oct 38.05B 37.85B Amer Motor FEEDER CATTLE: AmNGs 2.30 47.25 47.05 47.20 Mor 47.258 A Smelt 1.20 12 46.S7 46 46.50 46.35B Apr 2 P.M, Foreign NEW YORK (UPI) Exchonoe rotes in dollors. Wednesday Tuesday 1.0046-Ap1.0071 Conoda Free Dollar 2.34501 2.3470 England Soot Pound 2.33901 2.3400 30 Day Futures 2.3275 90 Dov Futures 2.3260 1.1940 1.1940 Australia Dollar 1.2020 1.2020 New Zealand Dollar 1.2800 1.2800 South Africa Rand .0726 .0226 Be,0um Fronc 45.87 45.92 45.90 45.92 .1462 .1463 MOV Denmark Krone 44.25 44.25 44.25 44.97N .1957 .1955 Aug France Franc Com 44.00 43.97 44.00 43 95N .1957 .19541 Sep France Fronc Fin 44.05 44.00 44.00 43.95N .3094 Oct .3096 Holland Guilder LIVE HOGS: .0017 .00)7 Italy Lira (Official). 33.55 33.95 33.67 33.80 .1520 Dec .1522 Norway Krone 31.75 31.32 31.72 31.35 .0374 .0374 Feb Portugal Escudo 28.50 27.70 28.42 27.70 .0159 .0159 Apr Spain Peseta 27.80 28.75 27.85 78.70 .2109 Jun Sweden Krona .2109 27 75 28.65 27.60 28.55 .2653 .2651 Jlv Switzerland Franc 27.45 26. JO 27.45 26.20 .3124 .3123 Aug West Germany Mark 26.20 25 00 26 07 Oct 25.00 LATIN AMERICA 26.20 25.00 26.05A 24.90 Dec FROZEN PORK BELLIES: 48.10 47.77.47.95 Feb 47.25 47.25 46.52 47.17 Mor 46.52 46.25 45.35 46.15 45.35 May 44.40 43.55 44.30 43.45 Jlv 42.15 41.27 42.10 41.22 Aug 3; 9 to the exploration and development of new gas sources. And it allows the companies to pass along, in their prices, 75 percent of any increases in their own federal or state Alcan Al .80 AiiegCp .28d CHICAGO Sovbeons dropoed the limit of 10 cents nearby months for the second consecutive day. Commercial houses were octive sellers at times ond gave little support to the market. Commission houses $102,875,091 ond professional orders were generally Tuesday's Bank Debits $87,030,737 on the selling side also. Same Dov Lost Year December wheot closed at noon, down $56,465,371.44 Today's Clearings Hmit with more distont controcts SJ4A36 ' 11s 22! th Some Day Lost Year showing significant drops at the reguior close. As in soybeans, there was little support from commercial firms. Corn gained in distont months on support from professional troders and com houses. WASHINGTON (UPI) Wlthdrowpls mission Outside morkets were mixed. ond deposits in Treasury accounts for 15 There wos considerable concern for the the current fiscal year through Dec. more thon 20 per cent of the soybean com pored To a vei crop still to be harvested, but Tuesday . tl25.W0.SO.?4e M market wos seen largely as 0 response Withdraws to technic I conditions, largely consolida102,730,280,625.31 ... tion of long Interests from last week s Mlanc. record highs. 3W 2' , Public debt Lock of support for corn wos connected with a drop in the cosh basis and there WtteJrcwa'S wos worry about slow export movement. Corn supplies were considered adequate 6,303,540,917.57 balance but troders noted corn was still reason422,227,768,648.86 Public drtt to other commodi15 ably priced compared on Dec. collections Internal Revenue ties ond predicted a fast disappearance. were $763,762,210.22. Bonner Bristol Bull Mon CvnLndS ChiefCons Cfoyton ColoCons CombMet Comet 23 ConsEur ,t2 Nahum Lott, also provides for further price increases linked 37 AlleghLud Ai'g Pw 1.40 10 AllidCh 1.20 13 In Asked Grain Futures Range FPC A- dministrative Law Judge d 1969, 1970 now opposite to proposals under consideration by the Nixon administration to seek removal of federal regulation over natural gas. Litt said, however, the action would not solve the nations growing gas shortage. itself intervene. production-base- - The closDENVER (AP) ing date of the $90 million sale of Great Western Sugar Co. to a group of sugar beet growers was deferred at least until the end of January because of paper work, Great Western announced. NEW YORK (AP) Sales, dosing prices and net change of active stocks traded on the New York Stock ExchangeWednesday: Close Sales A Soles 'Close Chg. 553,200 23" 2 PE Sales High Low Close Chg. Plttston' 25 Cntl Tel Corp 235,800 .. AcmeMk 2g 19 9 192.100 Pan A W A V, Address .60 15 V 22 171,900 Va El Pwr Admiral Cp 10 51 A T & T 170,900 AetnoLf 1.68 11 Air Prd .20g 23 Aircolnc .80 11 Aibertsn .36 14 Grain Bid recommendation will take effect automatically as a decision of the Federal Power Commission in 40 days unless parties to the case or the FPC The Ly Sugar Firm Sale Delayed reconsider an appeal by Kennecott from a Utah Supreme cent. Litt' said the provisions were Court decision upholding the designed to encourage devel- Utah State Tax Commission. opment of new natural gas Paul Holt, chief auditor of sources and to channel more the tax commission, said his natural gas into the interstate office in all probability will demarket. termine what deficiencies His approach ran directly were due for the tax years hearing The decision, sion claims was a franchise tax deficiency for the tax years of 1967 and 19R8. . On Monday, the U.S. Suto Court declined preme 18 per- could A Wednesday recommended rate increases ranging from 18 percent to 111 percent on natural gas from the Permian Basin of Texas and New Mexico. Markets in Brief Ib choice Feeder Cattle 5 heifers absent; steers CHICAGO (UPI) Wheot was substan Ib Holstein steer tiaily lower ond corn, oats and soybeans Ib heifer were choice mixed at the close on ine Chicago Calves Board of Trade Tuesday. calves 43,70-47.2to the Wheat was off 8 limit; feeder corn Feeder cows sold to off was up oats off 6 . to up bulls 3U0-32.201; soybeans off 10 to up . WASHINGTON (AP) NEW YORK (UPI) Morkets ot of ond sellers 87.30 pence per glance at the dose buyers on Wednesday: troy ounce. Sales 152 lots. Stocks Lower In moderate troding, Bonds NEW YORK (UPI) Foreign and doSteady. U.S. Government Bonds mestic gold prices Wednesday; Steady In LONDON quiet troding. American Stocks Lower In moderate Morning fixing 64.70 down 0.70 Afternoon fixing 64.45 down 0.95 troding. London Stocks PARIS (tree market) 65.70 down 0.70 Higher. Cctton Futures FRANKFURT 64.96 down 0.66 Mostly higher. 64 50 bid; 64.90 osxed up 0.10 ZURICH Wheat was Chicago Grain Futures to 7; com up 3 to 4V; oats up NEW YORK up 3 to and soybeans up IV to the Handy & Harman, noon 64.75 down 0.90 American Express 64.55 bid 64.85 asked troding limit. Cattle troding active, 25 to 50 cents down 0.95 Engelhard 64.70 bid 64.90 asked down higher, too $38.00. 095 European prices for 99.50 per cent fineness; U.S. prices 99.95. 25 estimated receipts: Thursday's cattle. salable LAKE Cattle SALT NORTH 600; bulk of supply of feeder cattle less NEAR EAST 2.32 attractive Quality wise than Monday, Egvpt Pound .0133 fully steady; slaughter cows strong c Iron Rlai 3.01 1.00 higher thon Wednesday of last week Iraq Dinar .0720 or steady with Monday; slaughter heif- Turkey Lira ers fully steady with lost week's sharp FAR CAST .1260 India Rupee advance. .0024 Ib Indonesia Rupiah choice Slaughter Cattle .1780 Kong HK Dir Hong to stondard .0033 slaughter heifers Japan Yen Ib steers .0920 Holstein Pakistan Rupee high good .1485 32.25-3S.1commercial cows Philippines Peso Concows utility bulls ner and cutter cows Us. Rate Increase Wins Okay For Permian Basin Gas - increase reach federal examiner 87.10 (UPI) Page 5 Section E Jobs-Want- Foreign Exchange Livestock Markets Thursday Morning, December 21, 1972 the Bureaus research programs over many years. Economists and statisticians in government are shocked. None to whom I talked would be quoted in any fashion. One said, Joe, mention me in your column about Moore, and youll find my name in the section of newspapers. Under any circumstances, Moore would be a hard man to follow. But now it will take a giant of a man in competence, impartiality, and integrity to overcome the political suspicion that will attach to any Nixon appointee to the post CHICAGO mission had not attempted to inflict double or excessive tax on the division. He said the deficiency amounted to that which Kennecott would have paid had it used accounting methods employed in previous tax years. The deficiency resulted, he said, when Kennecott changed its method of apportioning income. - At the 50th anniversary celebration of the bureau in 1970, Moore, Arthur F. Burns, chairman of the Federal Reserve Board, and Solomon Fabricant, now a professor of economics at New York University, were honored for their high standards of objectivity, the quality of their own research, and their overseeing SILVER FUTURES NEW YORK (UPI) .Silver futures closed Wednesday 300 to 400 points higher. Sales 5,265 controcts. High Low Close Prev, 199.20 193.80 199.00 195.00 Dec 199.10 193.60 198.70 195.00 Jan 200.60 195.20 200.30 197.00 Mar 202.60 197.30 202.20 198.90 May 204.60 199.00 204.00 200.80 Jlv 206.40 201.10 20J.80 202.70 Sep 208.70 204.00 208.90 205.50 Dec 209.60 205.00 209.40 206.40 Jan 211.50 207.20 211.30 208.30 Mar Kennecott the tax commission had made Copper Corp.s Utah Copper Division will pay an administrative deviation an additional assessment of from the Uniform Di2.5 million in taxes to the vision of Income for Tax Purstate of Utah before the end of poses Act. the year, a Utah Copper Divi- .. It said the tax commission sion spokesman, said Wednes- - cad used an accounting meth- od that had the effect of day. increasing KCC income taxThe figure includes accured interest and represents what able in Utah. Mr. Holt declared the com the Utah State Tax Commis- Finance Markets Mines Moores statistical competence, professional integrity, and immaculate objectivity have been recognized by his peers. He is a past president of the American Statistical Assn. And for many years he was director of research of the National Bureau of Economic Research, renowned the world, over for its saintly attitude toward data. Metal Markets NEW YORK (UPI) Metal prices! Aluminum, primary, 99.$ per cent plu, pure, $0 ib. ingots 25.00 c ib. per cent pure, Antimony domestic, 99 f.o.b, Laredo, Texas, bulk 57.00 c ib. U. S. delivered Copper, electrolytic, c lb. 50.Sn50.75 c Ib.; Lake 50.12 0 c Ib. Lead, common, U.S. Manganese 99.9 per cent pure, boxed regular, 33.25 c ib. Nickel, electrolytic cathodes, f.o.b. Port Colborne. Ont., 153.00 c Ib. Platinum, soft, 99.5 fine, producer to Pay 82.5 Million More In 67, 68 Franchise Taxes ICCC -1 ... |
