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Show ayyrfly ypnwl ypiy yll' yltoypyi y.yY4 lW,Wkr' yijpwinywiiiy Iai tern Sensible By John Serfustini Tribune Staff Writer NAIL, Colo. Will OPEC somedav buv its wav into the American coal industry? The suggestion is not absurd, it is just an unassembled jigsaw puzzle. In a talk to the Rocky Mountain Coal Mining Institute here Monday, a California bank economist put the pieces together. A sensible pattern emerged. Dr. Michael Bazdarich, deputy director of planning for the I'nited Bank of California, lxs Angeles, is a man who watches the ebb and flow in international capital markets. attractive. Tuesday Morning. July And it is not a contradiction in economics for the oil producing nations to invest in alternate energy a Not Enough s "There is simply not enough to fill the occupational slots created by this or future investments, he said. That means that the Saudis and other oil producing countries are looking for secure overseas investments. American coal has become a going concern, ironically or intentionally, because of OPEC price hikes. For that reason, Dr. Bazdarich said. Saudi-Arabian- Finn Joins Condo Project 1981, Construction is moving ahead on the $32 million office and condominium complex between 5th and 8th East on East South Temple with restructuring of ownership and financial participation Charles Akerlow of Akerlow, Thomas, Dyer, the developers, said Mutual of New York has joined the venture as a lender on the office portion and will become an equity partner upon completion. The offices are to be completed in a year and a half. In the meantime, Akerlow, Thomas, Dyer, w ith a silent partner," will go ahead with the condominium construction. The first condominium cluster is to be completed in spring, 1982; the second in tall of 1982, he said. Akerlow, Thomas, Dyer were originally in a ntsman-Goodsoventure for the entire project with Management Co., also Salt jike City. interests were However, the Huntsman-Goodsoacquired by Akerlow, Thomas, Dyer when Jon was named as Huntsman of Huntsman-Goodsomission president for the Church of Jesus Christ of Latter-daSaints in Washington. 50-5- 0 n n he said. n In fact, the United States is expected to produce 50 percent of the worlds coal output by the turn of the Buy ers Hop es Up 9 d in April. The index is based on a monthly survey of households across the country conducted for the board by National Family Opinion Inc. of base year, the Toledo, Ohio. In the index stood at 100. More than 15 percent of the families surveyed said they expect business conditions to improve over the next six months, up from 9.5 percent in May. The percentage of households that expects more jobs will be available during the remainder of the year rose to 13 percent last month from 7 percent in May, the board said. 5,000 . 1969-197- 0 Markets Motiil Markets PRICK RWTAU NEW YORK (UPI) - La metal MEW YORK (DPI) - New York (liver prices aa quoted Wondev toy die Xikirei closed Wonder BO Id llfi potato mark Metal authoritative American Market, bitovar Salto LSOO owTracto. NEW YORK (UPI) - Market ft f metelt publication: NY SILVER: at the daw an Monday: Aluminum, primary, W 5 per cent plus gianoe Cemex led trey to; canto per Stocks - Sharply knot in moderate 00c I). Pure SO lb. ingolf UM-7trading. Antimony, domestic refined in alloy, Bonds - Lower 300 00c to American stocks - Sharply lower in Copper, electrolytic delivered US moderate trading. 62542 25c to. London stocks - Oosed higher in Quiet Lead, common. U S prlmery producer 34.00c lb.,- U S. non primary (tecondary) trading. Cotton futures - Higher. producer, no quote Gold Murat - Mostly Megnedum, 99 J per cent, ingot 116 00c Chicago vain Murat higher. - umpet dosed lb. oft 1 cert to no ) cent; cam uo 1ft so cent boxed 99.9 per Manganese. regular off w oats to and 4; soybeans up 11 4 66 00c lb. to 13W cents. 76 to Ha. Mercury. MO-39-5 to $140 tower; Cattle trad cani Nick, electrolytic cathode, fo b. Port tockioo. Comma. Om , 0 9 to. Ooan Mere: 2ZeK off M. N Mkt. Met. Y. Am. Palladium. Settlement on prvvtoue and doae. II per troy ounce. IBM. Platinum, soft, 99 5 tine, producer CtoM Ogre MW U 1430 00; dealer eooro., 1653450 per troy k toll 0 k WM JO 1 Steal. No. tcrao P (consum Sas Pittsburgh Dk crap orlca 160 00 Mr ton. Tin, N Y Am. Mat Mkt price 706.00c lb. Jy Tin, N Y. Am. Met. Mkt. alloy price Cara- LA ton I a kg In Brief -9 Board of Trade I9 lb 9.0 p Tungatan powder lb. minimum pure 014 66 p Zinc, prime western, U S. 25.50c to. 041 00c cent Jty Sgp Dk M May wire Jlv (UPI) - Soot coop bar ckmd to aacond Nation on 2Sl J'Y London Matalt Exctangg Monday wito burera 069 andiSap high pound matric ton, Dk aiiore Itov p pound LONDON forward with buvora htgh ton. May 099 pounds p 33 2.0 2.04V 2M 2 04W 2 2 95V 307V 29044 IfiV 2 90v 2.90V 3 I0V4 294 94 3144, ) 94 1.: 1 75V 1 1 101 1044 214 210W 1 19 IgNM 310 3.2) 215 pN 52 70 76 1 1 14 74 79 15 1 1 7444 00 0544 19 19 I 40ft 19 70 8 78 414 0 0 mt 8 0 A' 88 a 09 - T' I - 9 PKt, PKt Jn M copper rutURfl 1949 1999 214 ( 8 - 94 2 95 3 07v aar 1.73 1.16 ) ill 223 2.0244 2 2v 3 K7 (3644 pound and Ntiare a be 1,09 bui Sala 17,250 Von 4.57 6 TIM 6 71ft catoodn 31 orxrxH highK Jty Spot copp 4 JO 4.41ft 4. -- ito burera 043 and tallare 040 povxxfe NEW YORK (UPI) 4 71V Platinum future ok ton, torxvard 31 pound high 4 477 wito' Sap 7 417 492ft Monday doaed 63 Id 327 point higher buy 974 and Mllars 177 pound 7 7 7.1 Setae ware ml mated at U6S contract. on. Sato 75 ton JJ" 7 7 r NY PLATINUM: JTft 7Xft 4to buyarelMK low Spo hn 90 pound 7 7 7 8vt Mercae N trey at; I e trey 7320 and toltora 7330 pound p ton.jMW 7.J0V 7 41 7 45 7.50V HM Lew Oaaa Prey. tonagrd 90 pound low wtth buyars 7270 JN Ope 675.00 690.00 67130 67300 670 00 csgN p Jty ton. Salas 745, Soybean 7290 pounds 0 l tor and 609 50 714 00 093.00 701 00 34 00 699 00 Oct 2310 Jlv X40 tons. 7 JO 723 00 706.50 00 715 34.9 if 7)6. den wltoiwto Son toad 04 high pounds 72300 7B30Q2 00 740 30B72350 339 349 017 34.30 Apr 330 pounds 337 and sellar P buyers 756.01 725.00 763.308 740.50 755.00 149 063 34 55 wito Oa Jty ton, forward 94 high pounds 34.06 149 34.9 buyers 347 and saltors 340 pounds p 34 IS 35 00 45 34)5 ton Salas 2750 ton. Jf" 349 35 NEW YORK (UPI) 259 149 259 Sliver com wito burera, Spot line 11 pounds high 249 349 259 259 future ckmd Monday ISO to 300 points 295 snd sellar 297 pounds p ton,hj 25.15 35.9 ISIS 3500 lower. Sale? 27 contract torwtrd 11 pound high with buvwt 300 7b 006 2275 NY SILVER COINS: 369 327S ton. SatosiR and Niton 309 pounds p a Mereax-1- 0 toga: 11000 batoi I par baa 2750 tons. 177 1799 1779 1729 Oeae HtebLaw Ckwa wito Jlv Sool slhrer 550 penc high 113 12300 19 13500 13100 13105 12.9 lDOO 3 Aug Jty td Niton 704.00 buyers 702 00 184.9 1059 93.70 10570 13050 Oct 1309 12575 ilSOOA 13000 months toomrd 6.00 with Sop high 115.9 Oct 1169 1419 1419 1)975 13900A 1419 button 732 00 and Nltori 733.00 Jen panel Ok 191.9 193 1939 Sdtos 132 lots. 990 9 1 71 101 1 16 475 sales m hundred (00) omitted eeeot tor those designated z) ere treded r 10 share lots and earned n fun DIVIDENDS art annual on test otherwise identified (a) oHis extra. (6) oad 'asf year; (c payment on accumulated dividends. (d) declared or oad so tar ths year, no regular rate, (e) cash ptus stock, (g) annual plus stock dividend, (h paid fhs year latest dividend omitted. (0 percent m stock. fc) percent m stock paid lest year, (q) m bankruptcy receivership or reorganisation; (s) exd'vtdand. capital distribution; issued. (vt) torrent . wi) FRACTIONS (f) indicates tot Raping figure if traction m 27 i) Indicate following fogmt is fractk in paths, (r) to! lowing figure it fraction m t) tonowrg figure is fraction in OfiM ft) fraction indicates toHowmg figure in taths. Lower case tetters eooeermg in front of the closing price indicates that price was on another stock (b) Boston Stock Ex exchange change, (c) Cincinnati; (d) Detroit; (u) Midwest; (p) Pacific; the market reported by the National Association of Securities Dealers; k) Insftne. the btock trading system used by institutions Ilk. Dtv. Pg 0s. ML Lot. Cts. Cfcg. re Alberta Afcxuu 36 10 14 O 79 Z'9 & ta 466 9 9 447 90 647 M 665 "HA 472 00 69 9 499 49 40A 41 9 706 710.9 ODA 661 79979 9 S0A 79 IDA 744 00 90A 750 708 761 108 703 9 740 9 79 9 9 7 9 799 9 7 709 9 779 9 9 79 73 9 79 9 79 9 7159 79 9 003 00A 003 9 W 70 69 ISA O' 3 9 123 9 09 9 110.16 0U 139008042.9 740 7 701 OOA Jun Jty Sap OO A- OOA 1399 IM Dairy Market Aak; CHICAGO (UPI) of buttor and ago tun Prica undtongad; icon AAI - tailing pricas noortad ay uau paid 137 9 dtfhnry 9; (9 dHy htgh Ewa Prkat paid to Prica to rafaiton (Grad A to cartons dstlnred) Eks tores 961; lares SOvy 57; medium 4)vy-4- sicw Aug V up 1600 447 A) up 1146 Afternoon fixing PARIS (tree merket) FRANKFURT uneveUebtt ZUKiCH 453 UP i4 453 80 Oct Dk Fab 0 9 vnex A Jun SPSS f. Hot 11 Homs 1 AmHosp 93 13 0 Am Store AmTNTsf 3 7 AmTBT of 4 A A 13 9 999 9 99 957708 98 989998 449 429 75 57 917 9(6 4405 99 99 927 99 0CS 98 47.fi 4700 9 9 9 9 44 ounce Wiling per Pk prica, fabricated 90kJ 474.17 ul troy ounce. HANDY AND HARMAN SHWff - Handv NEW YORK (UPD tiarmen Monday Quoted silver at from Friday. ear ounca. up $0 md Lid 8 Bank (Hearing Magday-- s Ouataftana 0246,740093 9 Today's clgarings lama day last rear 0227.9a. 245 J 01,777,390072.04 Month's ctoarlngs Sam month last rear 13,637.401.19 41 InlrrinoiuiLim StMk KTianj! Mandoy s auototlon 9 107 9 XUS 12 97 3 1.74 1 10 6 0 99 214 1 NEW ctowvg Stores YORK The hill was enacted at the end of the 95th Congress to encourage new tech nologies and provide domestic energy alternatives to oil and gas However, although the intent of the law was -- (UR1) Qggp Gam-Wallo- tOnwrk Or Rcfcl U 91 Pti 90d ' I ii 8ve- - w 8-- 1- 6- Ik 8-- M 10 10H 3 (29 5 97 0 917 - 8-- 44 More I p.m. I a 646 50V 3714 23V 3to 34 to- 236 39- 961V C v V- xS- V- - 30to pS5 404- S- to 31V 43V- 3l- v- ll vs 43 34V 96 41V 16 23VS - 5S 6 to- 144S 21 to 19 3R4- )0to 2RH 364- 413164- s306- 146 1744 2544 PIT'S- S- - 20 09 9 09 to to to to to to 0 379 4 191 417 7 7 99to 96 15 13193 5344 W 414 25 7 2246 10 !4to u I to US 3003 16$ 274 .7$ 4 347) 96 I 37V 1544 Mv IS 40. KANSAS CITY. B to Cants 59; bulk of nreioto to 9 )57J Ecuador (Sucre) Egypt (Pound) England (Pound) England England Finland (Jmonth) (Mertxj) Franca (Franc) Greece (Drachma) Hoi lend (Guilder) 03540 .03540 M 41M- 4 B B- - 464 I 48 Ito 9138 fito 4 394 17 5 8to 310 )b8?6 8to 236 ft - - )to- - ito- - ft ito 324 54 - 8-- 7 1334 low, .rtlotr 08300 0F? merm 1640 0256 0214 02)4 JIB M- tM 3 tm 3)5 3 7242 ft 2 ft .379 $179 'xm xno m .10 31M4 3 )2N 0M 00)9 004554 3 4)9 3 T47 $K7 WO vi 244c 14 3(441 0234 5174 .00)$ xx 88 umJSre 3 75- 43 00. Tumdev haav 00, tn ft 3 No 4 0042 30b H 240 50 advance estimate I 45N CAR LOT$ OES MOINES. Iowa (UPt) -carwt tresn cut beef trade Demand Mr baft it vary light with buyers taking a waiting efhtude Otaing and moodee modreM to T lnt1T$Tl40 Itei M Xb Cp Vt M I 93 ) 93 1 130 M JoyMfg $ 6 13 94 9 1.90 9 40 3 $ 7 1 - 1 Kmart Kroger 1 91 34 1 30 LrHn cv pf ) Lockheed La PacP 72 LTV UKkvS 1.12 LukanSH M 11 llto I 7 LaarSig 1.34 S Lahm 149d L 0 F 2 30a 4 LOF pf 4M Op 343 23 207 91 06 $32 737 91 719 379 7 1934 94 7J 3 S3 matting 33DN; grein icitwn. ; MmnPL MobfCP Mnhsce Man) 2 04 2 4) 22h 140 tanPw 2 12 Mo Knud 91 40 Motorl N AettN Chicago ead 25- - (Pw dPtaanca between Pw CMh price end price of Pw moot current future contract) up S cant for unchanged for oh red wtwet, com and oaf. batit 2X MtltTal 2 B MurptO M fWPOml.44 Mt Fuel 42 Nebitoo Nh Gvp 1 40 N1 Samfoon NCR Cap 2 New Pw 2 32 Nw Park X 52 NwgMo Nlag $ 1500 NICOR 140 NL IrxH X NLTCp B 21)2 Ouotationt f rvn Pw NASO am raoraftentatlyg Interdealer price at of NartkW 2 X 70 HAmPh p m. Intadeeier market change Pirouout Pw day. Today' ??pproximateiy mote am provided bv Foter and MgrehgM inc. Price or commilon. 34130 .rwrkdoem 004606; do no f include markup. No$tPw 2 X No$Ppf 340 NaAPpf 4 10 NwitAirl HEnrgy 1 40 of Tn 2 X 3M mx OOT 00)7 i 419 7 Ol 3 597 140 11 I 7 X 14 2 4m wo 3 J)4) 34)0 2 40 36 46 37M 7T I9M 4 12 7 SonyCp SoCai E SouthQ) Si SoPacif I 28" B 13M 44M 6 40 OkieGE 0w Coro 25M 29M 30M 31M 15M 14M )4m ISM 47 7Tn 3)M IS 26M 17m 14 27 I 39V 14 17m 26M 10 19M S7M STM 4) 36M M 3 60 3.66 Rail Sthipnd Sperry 3Vft Squibb - M St Bmd 13M 39m 20 27 SOM 95 63 41 13M 244 1'4 1 IM17M P3IM-1- 30 24Vf- 19 26M 16M- c23M- - - 20- M W pBm-- 1 x13v 74 V 2SM 37M 36M 34M 13 13M 1$ rw ha M x43Mm 20 29M 57'4 - 2M M 7'M u15M M 2AM- - M 77 M M 24 - IM 364 P4- - JIM JIM 14M 39 71-- 2DM 23d 74 304 94 19M 23 564 TOM 646 40M 50ft 7m 60M 37 41M 21 33M 214 A1 Bid Oen'1 Amor Group 9 16 9 66 Am Grth 2 60 N L Am Merit $ 25 5 74 Am Intln Am lnvt 10 21 N L A Iv Inc xll 54 N I 3 04 4 30 AmNf Gr 0 01 0 57 Amwav Fund incom Stock Berger 101 23 1 95 4 51 4 90 7 67 OX 10 95 0 Group? Fnd Fnd 9 71 IPI Fd xM 24 Jhn Cep 9 Fdn Boet Cehrig Buffock 14 Bull 9 Cdn Div incom Netwd Fr Tex $h Cent Chert Fd Commonwealth L N L N 96 16 19 46 N L 93 10 X 72 53 2 00 11 33 9 59 II 21 11 44 19 16 10 3 12 10 13 57 1 99 42 06 X 40 77 12 33 10 11 u$6M 24 04 254 I 4 Ut M VarlanA Va Elec 23 C 21 X 54 ft 1 Watgm WfttnArL WsBanc WUnwr WesthE ft Wstvac ft M 4 4 4 1 1 HP 4 ,7 $2 40 60 40 $4 40 40 50 4 5 5 X I 4 6 134 44- - M ft ( u3S 244 164 pH 32 374 26 52M 364 4)'ft - M 'ft P52M S5M 26M 224 11 'OM 9re 189 19 194 774 294 pl$4 .264 264- 21M- - SO PL Pf2.36 M 4 11 2 25M 6 n - 3 re V V 19M 523 35b3 57$ 134 94 73 114- - w w 12 IX l 726 549 253 404 35 12 254 ft 31 7 4 ft 234 X X4 264 164 9344- 27 17ft c27M- 31ft XM 264 P32M- 374 27 4 x)M 4 p3?M- - M 63M 4 4 14 p4?4 Hft 31 M Incom 6 4 7 23 15 45 16 09 8 01 0 75 13 26 14 49 X 61 21.64 15 95 17 43 13 71 14 96 3 17 N L. 7 07 N L. Eou Inti Invest Option Tax Ex F Vftte Vovag Rainbw F Revere Setae (z) Eq (D G Safeco (z) (z) Inc Setco (z) (z) Imre tort Group: 1215 12 93 St PI Cap 9 07 9 04 StPI 11 tt 12 64 Mutual Gth X 05 21 00 StPI Stock 19 N L Sot B 103 0 43 Select Fend: 0 24 096 Ver 12 51 N L Pay Comon ill Otoup: Devi Fd XI7NL Grwth 507 4 42 0 64 N L Inti Fnd 3 05 4 21 incom 114 N L. fed Mun Key tt one Fund: Stan Roe Fund: At IQ 20 06 N L (I) (I) Beienc 14 02 14 73 17 37 N L Cut Ceoitl 17 66 19 52 14 65 N L Cut Stock 7 54 0 24 Cut Ufuon Service 7 45 0 14 11 47 '2 37 Cutt Brd S 6 05 6 6 Cutt United 10 63 7 07 Cutt 0 60 X Arcum 9 37 10 24 Cutt 5 91 6 A6 fend Fd 7 7 26 91 Cutt 10 92 M 93 'ont gw inti 9 62 10 51 407 4 45 nc 24 95 27 27 Fd: Snr lay! d (ac Dv 15 02 NL. High in 14 88 16 X Mutual 9 14 9 99 14XNL. incom Lard 701 0 14 Bd Mun A Hi Let 0 40 9 06 Sc tone 107 9 54 9 33 Mettechutetft Ce: Vangd F eem 0 96 (z) 6 04 N L Utd SvcF 9 55 N L 1161 (z) Ce Indp F USAA F 12 19 13 32 Matte 10 45 N L. in USAA 12 69 Incom Fund: LiW () I? XX ABB 224 26M 40M 47) 0 73 66 32 60 2 01 Utd Tch 2 X 2 Mj Upiohn 70 ImUSLIFE UftliMFd 96 UtahPwrL 2 Vp ut PL pt? 90 Ut PLpt 2 10 1 144 I 32 23 0 57 Mlllllill KiiihIh 100 M- -- 34M M 274 P33 26k 50 YORK NEW (UPI) Foliowcg i a llt of bid and - M asked on price t- Vft ai Fund Mutual - U. Quoted bv the NASD ,nc Monday 4 June 30, I960 - M 14V X3M 2i) 532 606 $)M Vft 4 J0m IM 15d 140 to, IZ. 2'y 36U. cr53'i 450 371, 42v V4 )7m 5 30M 1414 114 )4M 444 b654 32 ft 20w 6 10M 2 7m. 30 AM 104 4T X J934 6 434 11 6 M 194 lift '54 16M 264 B 21 ft 144 P7 1M 114 144 464 254 33 12 74 $4 74 144 64 104 - IJOO 7 (2 03 123 $ 180 520 9 35 6 10 394 132 J 274 145 ot 4 USSteel US Tob w 4 11 UtdPkC Mr J$ Gvp 2 40 ,V. M 295 I '72. tog 50 Id) jutSrnd 22M SO IS414- I Etoc UnOLal ito P Unirovai ft! pl 14 30M 221 343 O toi 36M 17 92 4 2DM-- 214-1 404 7BM- -1 4m 44a 24 45M 504 43 STM 73 J1 46$ H3 9m 344 114 2 64 161 63 6 96g 76 6 1 14 12 64 5M g22M T U 10m 2 73 13M 1604 T T jft 194 41 M 7 5 1 7 09d 4 13 344 174 31 N 30 65 1 ft 4 4- - M 42M 164 l1 4 224 154 446 183 14 3 51 4 611 7 1127 $arraP - 4 21 24M ;) m O' 43 2 Kl 4 10 414 41 4 ft u3) Dreytue Group: 14 1115 42 Fd Dryf X 454 U534 22 17 24 23 Lv 19 45 21 'ft 1$ 4 Dryf 9 9 63 U) Numb 4 191 OPft JTft pTIft-l7 x Incm 7 74- - 4 Sp 7 23 HM 12 7$ (1) EB Tex -1 4 407 42 04 pfi 27 N L 23 Vd Cant TTft10 219 X4 ft 9 X 10 16 Gr 101 23 - M Eagle 264 A Eaton Howard 9 464 63M e4ft M Fd $12 ITS 10 154 40ft 264 J9vft 4 Bain 9 04 N L Fourta 7 24'ft- - 'ft 24 264 '9 14 03 15 99 F 11 344 I M Gwth 542 3ft 24ft Inc me 5 10 5 50 13 12 14ft 104 F 9 72 10 4 Specii - N N 10 40 II Stck Fd 244- - ft 10ft 0 H4 25 Federated Group: 71M- 5 HQ 25M 14M 10 10 N L. Fr Tex 23m- - ft 9 2172 25ft 16M US I 54 N L. 7 XI 01ft 51M u56Mft F kief Gvt$ tty 7 75 lift 17M DM ft 0 7INL. Inc Agr M 10 326 Xft 134 Tft Aat Inv 12 55 N L 13M- - ft 7 557 lift Oft 7 54 N L. Bnd Cpt IT'a- - ft 12 10M lOft St 40 95 N L. 7 33v.- - M Cong 56 Xft 77ft 11 20 N L Contra 47M 1ft 13 2X SOM 22M 9 61 U) 4 297 Xft 15ft Bft- - M Det 19 91 N L Eouity 32H- - ft 5 324 34ft 21ft Ex 92 N L. 10 Nw Fd Era 2BM 4 Xft MB 7 17 21 N L Fund Pro Fd 2Aft I 217 25ft 10 ft Gov 10 09 N L. 9 Sec Inc Pro 27M 32ft 00 X Hi 1210 N L 12 Yield Sv Prud -31 44 37 IM HQO 0 79 N L Mn Ltd Putnam Fund. 2DH 24M 12 339 Xft 14 56 ft N L Con ver Meg In 7 226 40ft 33 ft 19M 17 N L. 0 3 Munco Georg 29ft5 140 J7ft 2am ft 11 N 12 00 L Grwth 7 14 42 2M 34ft- - M Pgr itn F 6 63 N L. Salem Hi 6 Yield S 931 17ft U IJft- ft - 00- -3 P2MS- - ft 361 31ft 19 m vm i 23M 16m - 1'2'ft 29 low. left red DPaN herd erinter 4 27M- 244r17M 14M 343 40M 34M not (UPI) 3 3 27M IM J- -- SI 30M 564 77m L Llttaln P66VS-- CMh KM DM K- -- 6 p304 06- - to - 74 065 160 J Jewel C M JahnMv M Jen Jen m JonLogn 6 9-- 156 tn (.oiinler Mondov ouototians ()er Revlnpf So ve 356- - to KanPLt 2 04 to Kellogg I B 9 P66 to KenncP 1.40 $ Ky UtH 112 9 U06- 136-- 8 PPwet No. Com No 3 yrnio w 3 NwN Oett No 3 extr haew emite Sovbeeni No. veiige A.54N, Cathe 79 Reynidft W KalrAI KeierC (luh (rain - trwle f mr. berrowt end cents twgher No I 3 2fr t IM l)iy p)$M I'M xl4 - OO - R R - - 98 fradr slow ttrer CHICAGO ranft to 19 Ion. hr tors "d Mondev chore 50069. 6 s Wheet No. fra 66 75. chore to 906 50 P22M-1- SO StjAftnrt SanF In 2 40 SFeln pf SO SCM CP 1 M if. firm to M Z2M 17 . 2 b4 174 344 364 164 163 166 444 11$ 2500 17 376 9 4 SatwStr Jnitb 990691. 100 IH9?e0 .0256 44 Hone Kong (Dollar) India (Rupee) Indonesia (Rupiah) Iren (Rial) Iraq (Dinar) Ireland (Punt) Israel (Pound) Italy (Lire) Jaoen (Yen) Jordan (Dwl Kuweit (Diner) Lebanon (Pound) Mexico (Peeo) hew Zeeland (Dollar) Norway (Krone) PekiPen Ouoeel Paraguay (Guarani) Pe iSoi) philiooinee (Peso) Portugal (Escudo) Sx!i Arable (Riy. Singapore (Dollar) South Africa (Rand) oe (Pesate A) $pen (Peseta S) b4 haavy Ito 50 - 41 40m Sgnaf Cd I 4 SimpPat 56 N 34 97 Co Vnger 9 Singer pt 34 .- 98 l1 gMonda, 035500 3M 34 p764 574 ?'. 40 20 93 06 60 40M TTft )4 40m 7am 374 31 M 19 7 3 cW OHO Beigium (Franc ennv ) Belgium (Franc Anc'l) Brazil (Cruretro) Canada (Doiipr) Chile (Peeo) Colombia (Peso) Denmark (Krone) 26M WM 4 W W nd StewWn Sun Co SunCoof SunshnM Soo Ol 11 4H ) 336 1076 27 149 - - - DM- 104 bald Foreign Kxrhanjjem; 14 16 47M 6 1423 65 2243 63 46 1 1319 S3'ft S 289 25 14'x 11 1$M 176 32 . M 4)M 6 1 33' 6 422 39 I 9f M 3ft 25 4J9 41 72 14 309 77 3 60 Stautta SterlDm IPs I $91 4 Marketii 9 37M 13M 1IM ttn - H 7 II attobiifnad TNnhr All aricas MacDoni 40 7 14 PO 5)4 14to 1 SI 7 25 Macv In tor auction lat oo w ware. rada Rvre intoa oiharwlaa Me reuk-tt- o 4 41 9 137 Fd 1 9Sd Sto Natad (varSng mod6; I 0 49 554 Nv,, w Hon0199159;NreOr 1.12 9 40 ato MetaH 01 ha MknwN ytotd gredl U good s . . 7 104 fi to 174 2M4 to 9"l tor 90009 tot Owe, MarlhnOU 2 N 574 safltog ' 8 haad C8 ; U S 9038 I 46to 2to J7w v G 42 SO ID 1$ t 80.9 tor 500 Martott 259 8; US U Cduato lor 39 3 haftor 99 1.9 Id 19 rt- - to tos MarvhF 1 34 9 170 00-00 17I Its, 8 9; tows lTis hhpv; U S. la May OS 54 4 If cut Irada Port "to34 508 59; tow tot. 59049 XtlX to 41SB 394, 8 P9 itaN to modareto In Rw cardrei Maytg 110a I1QB 37 1 IB 43V Me undK 89 lbs 24.0020.00; Mr damand uj,v -- 1 All prica urtorinsnad McQnCp 10 N Ml are US untosa dPtocwfa Natod Lotos ire stopdy McGrEIB 4 34 159; lamb twin slaughtor tot McGrHi M2 10 144 to 49 tow at 900049 tor HI 44 McLean Nu0rtor tomb ehol and lm to8 I 9 tor 17at 874 tot Hamstor are17 tlsafto 4 573 60 IM Meed 41 8 0063 00; tlauopvtor swat cull 95100 to 9 9 toghw PORCtON BKCMANOB 2 30 13 49 9 tar 8 tot and up Bafitot are 19 Merck 10 0014 00 8 NEW YORK (UPI) Foreign jood af 44 9 lor IM4 IM. 46 9 tor Merrilir 96 4 ITS 5 9 vgh TuwSv attlmat; Cattto axcharvg Ml tors rtto In dollar' M, 44 9 tor 1019 lbs, 429 tor 10 MataPet .12 4 9X ' lhaap 100 Friday,1 Monday MGM Gr 40 10 364 No Nias an ptanict. 8 .OOOS M M M 2tt 9 549 Livmfort . WLT III (UPI) U $41 3BM ISM- -i 3Me me- pMW- ( jtolock S p)3 W 39 49 406 6 38 8to llto ?$p. 116 am XNs 21 TTs 336 49 r' 93 U - M Ex CaM ?.8 )M- - 'Mtxxv 8M- - H M i 8 at Il5to- - toFaVmv!p .H It 51 134 3$M-)- 17H llM DM B 32M )$M 5 t 7 SO 14 44 Saar 106 15 IN 3 llPaao 19 Enytrekh I Sto- ins )to 86 1546 434 5 13 Smack I 3M S2S 31 139 1169 10M 14W)SM- 4lv - to ION 114 53 I9to 19 306 Es 9 9 9 Mv 19 B4S-3- VS 12 306 716 54 39t- 6- m 7 44to 8to 54H 39vs 9 10 MM xDMto1$M 43to p03v- s- to 19 13V II 14to 394s to 94 394 10 274- s- to 0 99 324, 16 9 9 4 4 13B - 364S-.- 1$ 51 0 2to 33 494 54 164 - IS 11 9 ill 9 tHK to 1 3 9 9I 11 to 11 B I 9 M.8 S206 75 189 M8 99 - lies llvt P154S Bto 14V pllto ls7s 18 Mg - 49 97M $ M HM Trss Utttl Pnd Ms M 114.44 52 57 1864 129 8 -1 DtofRay Drere 9to SI- S- to Osnvisp I M 646- VS DatEdts 1 Dtoboid 17to to DfllkvWi to Dfinav 21.9 01 17Hto DfPao DorreM 39 74 Dow Ch 1.46 10 1J0 'Duka P 1.92 3 DuPont DuPn pf 6 DuorwL 1.9 to Dynamic .8 litop33to 1 to ESysftm 9toEaatom AN tot EKadk 19a 173 14t- o- to Eaton G bQ Bto27s- totEIDataSy to to to 9 8 8to ITto 9 9 106 946 54g DgyPUlTo I 91 IT'S ilto 36V vs 25V64 28- - ;CrewnZ tof to DsnaCp Davao 2716- 14V 31 to M4S to'Crare MVS- -1 I - 151 - 6to 4A 114-- 1 Pftk- 1 u7gt- t- V, x339- S- (6 20H p394- hourly indaits MS u3Sv- t- toiContmfO Co Brd ul4to 44 35V 43 14V fils ) 50- ltvA p9vs- 9v lito IMS- - 5 Ml 4 12 9 Tras Uhls Pad Ms 134 9 MB S3 S3 1217 USB 2pm 139 M MO 53 07 12.97 114.9 3 p.m. 18 91 14.13 5201 12 9 1148 PnvCtore IA 11 - Standard 8 Poof 9 it to 9 In I lv IS 9to 8 ) 73 ) 30 2 OS 1 30 1 31 2 35 Poors 500 Stock Index 194S ft 60 6 (UPI StdOCal Std Oil StOitOh 2AM 20 21 M 14M 379 43 723 76 563 44 12 Pheto Itf 5 PhltaEi 80 I PhilPet 1 10 7 PilHbry 1 7J 7 PitnevB B 9 Pi tSo pf3 13 Polaroid 1 31 PPGlnd 2 14 4 ProctGi 3 40 10 PuS Coi PSE&G 2 NEW YORK "Those orders come before the steep decline in American steel demand in April and before the dumping complaints against overseas steel producers in March, he added. For the year so far. imports totaled 8 91 million tons, compared with 6.41 million tons last year. 20T of Market Final figures for domestic shipments in May are not yet in, hut De said preliminary indications are that iirqxirts accounted for about 20 percent of the market. "That is the highest level of market penetration in two years, he said. American mills produced 9 23 million tons in May. the lowest monthly figure since January 1977. The rate that steelmaking capacity was used dropped from 83 percent in April to 69.6 percent in May. For the week ending June 21. production amounted to only 1.77 million tons. ParkrH ) 30 7 M 32M 23M 14 91 Penn Centri Penney l $4 I T9 33M )9M pa$k 14V I9M- PennPL 2.12 4 166 2) 30 2 7 357 54M 3M PervuDii x24M PmniCo 1 30 I 554 26') 30 Mrgg Standard Viee President Fred 37 $3 $ 7 PacG E 2 60 7 Pat Nw $4 7 PacP L 2 0 $ Pac T T 40 7 Pan Am Air 3719- - 2 46 113 3- 1- 1.37 11464 3143- 1- 417 31234 to slocks ussd to Trsnsacttons IndusIriM 1034000; Traraoor Iota: 53490; Uttlittot 432)9; Tot 2396002 Riggs 4 pricN Rdf yggr: & January Orders "May imports are based upon orders chiefly placed in January, when market demand was still stomg." said AIIS P P Ctoss ChK 067 44 ) 5$ said. lineey p Do 064 13 271 97 112 71 311 7) 090 19 274 39 1 correct. Gam said, limitations placed on certain categories of expenditures have denied needed incentives to oil shale technologies and created inequities in tax treatment between various alternative fuels Definition Limited "The definition of oil shale equipment as outlined in the tax act is very limited," he said. "It excludes expenditures for equipment that is necessary to upgrade arid treat shale oil before it can be refined." The upgrading process requires a large capital investment for equipment and property, adding several dollars to the cost of a barrel of shale oil. he said. The prohibition on the use of the energy-credi- t for such oil shale expenditures is not within the intent of the tax act nor the treatment given for other alternative fuels, he said. Darwin Vandegraaff, executive director of the Utah Petroleum Associabill would be tion, said the a "direct invitation to Utahs businesses to invest in future energy development. It would go right to the business community and add an incentive for development other energy sources. Positive Sign' Gam said the bill is a positive sign" which would encourage people to develop oil shale by giving oil shale property the full incentive originally intended under the Energy Tax Act. ne tvaos: MMv rengs H 30 into 171 92 30 Tree 275 91 IS Ltoto 11406 317 44 65 She -0 Ito- S- 304S Knre) II 30 to 379 42 10 374- 4 )4i 19 3to 106 419 i 01 S- 69 22V HI 34 927 )0to 304 99 99 14I 99 99 98 999998 99 9 S 9 i 10 m 399) 47 10 and Harman 463 0 UP 14 0 Jty 9 9 9 OOA 9 9 Aug Engelhard contract. and or 0.79 volume EttlmaNd refining settling Be price Mtttre-360- 9 toil caM p uniebriceted gold 433 50 up 16 0 par troy Prere. Handy Bulk icon A 19 9. (93 8 75.959 & J9 9 679930699 99 99 A A 41$ 0V 4 10 47 533 47 344 7 315 27W 159 B 39 320 SPY 9 29 99 9999966 99 99 9 5 39 19 9 9 183.40 9 AnofA 199 114 199 1919 AnpfB 9 919 1919 1949 969 1939 19050 919 909 A M F 919 3039 3059 959 3019 Amoox 199 213 19 r 1779 19 40 Dow-Jo- t 2 79 259 The top five U S. automakers DETROIT (AP) plan to produce about 1 .37 million cars in July, August and September, the lowest third quarter output since 1970, the trade publication Ward's Automotive Reports said Monday. That would be 17 percent below the 1 66 million cars built in the third quarter of 1979 when output already was declining in the long sales slump, and 6.7 percent below original plans announced earlier for the third quarter of this year. July production of trucks was estimated at only 100,000, the smallest for the month since 1961 and about 53 percent lower than July 1979, when 212,907 were built. Production in June was estimated at 527,000 cars, 6.2 percent less than schedules on June 1 called for, as the companies struggle to work off inventories of unsold cars. That made second-quarte- r production wind up at 1.63 million cars against plans of 2.1 million when the quarter began PITTSBURGH i.NPi Steel imports increased to 81 tons in May, compared with April's 1 25 tons, the American Inm and Steel Institute, an industry association, said Monday Another group that represents importers. the American Institute for Imported Steel, said May's imports were down 2 4 percent from the 85 million tons which landed at U S ports in 1979 "Another sharp increase in imports in May almost .to oreont above the April level has hit the domestic steel istry at a time when it is staggering under the affects of the sudden market recession," American Iron and Steel Institute Chairman William J De 1 () AliegCp 10S 4 4 KM toaCp 0316 9to 7.0V AluPw I 7 AlltodSt 1.76 11)4 7 J5vy a Alcoa AmalSu to A7AAX 6 33.10 4 TOv AMAXP48 3 33 9113V 4 Hm pf 33.fi AmAiri ,10h 6 209 14 23.73 A Brand 6 19 Ttos 34.11 157 41 to Am Can 2 11 27W 349 ACan pi 3443 9 209 14 90 25.13 Car Output Drop Expected venue code and broaden the definition of shale oil property so that expenditure made at oil shale sites to produce oil from shale rock would get the full lie nefit of the Energy Tax Act of 1978. Gam said Ail 10944 Aa4naLI IbsrtoC 4 57 4 67ft Sled Imports Increase Du ring IIav Re- New York Stock Exchange: Final Quotations 1.34 future - Copp futons May 303.9 NEW YORK to 600 Monday closod (UPI) .30 to 95 IS point low 209.9 309-99.9 399 Am Jty 399 990 contract 19 point high. Estimated utos 090 contracts CHiCAGO (UPI) - Closing range M fcSlSL4! trey COPPER: prkK bided on ftw Chicago Marcanttto AritLKS 1 14 Ctoea Pray Csmn-220- 9 Exchange Monday. lb; oats pw 9 656 00 Armco 1.9 69 9 646 9 647 40 49 9 Jty NNto Lew Pres Ctow 0p Opt tNto La CtaM Prey. Arm pf 2 10 4469 6769661 96549 657 9 Aug 9390 9090 91 9 Baal Cam- - 909 tos; canto p 909 909 6 ArmsfR ). 669 70 664.59 6669 Oct 6719 679 76 91 508 92 9 929 9110 91 25 97S ;Aug l Dec 0939 091967096799 91 70 67 11669 997 929 049 92 40 9390 91 95 Oct (693 ASROp ANNO) 2 30 6969194326 4919 7069 Fab 67 43 MW 47 75 46 70 47 55 959 96 9 949 94.9 94 10 Dk Ah Retd 100 A 7119 7119799799 969 05 70 9590 95 9 959 Jan 949 679 9 Atlas Core 7299 799 TP 9 73010 PI 9 jua 969 909 9610 969 910 Fso 9 9 079 9 46 AvcoCp 19 7429 7439 72) 70 71171 711 Aug 0770 946 60.9 9 51 6A4QA 199 079 979 979 Aw Arest Inc 1 Od 799 79974597479 744.50 Esllmet return 30.221 999 199 999 Jty 757 9 Die 77097599919 19 19 M09 919 909 Cam 9 9 Rgedw 771 m .9 Itir )59 7597 Fab 7719 97759 102 406 929 92.9 Apr 499 109 306 75 75 75U 7S0S 7406 71 9 929 19 9 SZXtl API 799 7297997099572. 106 00 Mar 74 9 74 IS 74 9 75 07 74 9 969 147.99 up BafcpPotri 1 Open mere Doer intei Nov 759 75 9 75 07 75 9 769 BOta 2 14 i previous and cloag. tsttumwe iittiament Jan 759 74 9 759 715 74 9 BwwfdCp 3 76 9 Mw . 49 Pf BsnC -' OOLD CHICAGO (UPI) - Gold Murat ctowd 2 A 779 7)9 749 BafhSh 100 Monday 90 to 159 potnto lower Sale NEW YORK (UP!) - Foreign on Mav 779 77 8 77 9 77 9 71.9 BiackAO 74 14.97 contract 3047 ocnSrarts. Estimated returndomestic od erica in doitan ear ounca 110 Bopfre Mat oreto a Ure Hare-90- 9 9 Monday: SRrede ilMrer i 0 per Nw 175 BottsCa 41 7S i rejfviw JN 9 9 418 4113 date MMi Law Clate Pra ue Mcrnin flxtof 443 Gold lower YORK (UPO doled Monday 39 point point high. Seiea NY QOLO: Cemoe-- 1 trey i e Opm Htok Lea NEW y century, he said. Most of this growth will be spurred not by government incentive, but by coal's price relative to the price of petroleum. Coals comparative price to oil plunged 41 percent last year alone, he said, "which is motivation enough. But the coal industry must clear the hurdles of environment and transportation before it really enters the race, he said. Acid Rain Peril The Environmental Protection Agency, as well as local and state governments, are concerned about such things as an acid rain that results from intensive coal burning. Also, he added, there are some bottlenecks in the inerstate and international shipping of coal. He explained that railroads must gradually expand their carrying capacity and that West Coast ports must likewise develop their loading and storage facilities. With those developments, the United States could yearly exports much higher. bump its American consumers NEW YORK (AP) became more confident in June that the nations economy would improve over the next six , months, the Conference Board said Monday. research organThe board, a business-fundeization, said its Consumer Confidence Index climbed to 48 in June, the first gain in eight months. The index had dropped more than 41 points since last October and stood just above 42 Malcolm Internal "Governors Flaza" d - Wallop. would amend the N. Y. gold. But wherever future investment comes from, the outlook for coal and synthetic fuels is strong after the current recession ends sometime in coal-base- Pago 7 and d hungry for capital. "Where there is a supply and a demand, there is usually a way to get the two together," he said. There is no question the Arabs have the ready cash. They have doubled the price of their petroleum in four years. has been investing heavily in its own industrial development. Dr. Bazdarich said, hut they may have over expanded their capacity. l SM-tio- United States coal development could enable the oil producers to conserve their own supplies, keeping a source of income well into o: even beyond the next century. Finally, despite headlines and stones to the contrary, the United States is still a politically stable and therefore safe place to invest, the economist said. The United States' need for capital is apparent, especially if this country is to carry its share of the doubling of world coal production called for in the Venice economic summit talks. That goal will require heavy front-enspending if it is to be achieved by the year 2000. But there are obstacles, he said First of all, does the United States want foreign in domestic indusparticularly Arab investment tries? Dr. Bazdanch asked There are undercurrents in the of resentments about OPEC investments United States agricultural and financial markets Prefer Investment Arabs would prefer investment the Second, as a either buying the stock of or entire companies hedge against inflation, he said. However, inflation proof loans, with floating interest rates, could be designed. Also, the transactions could be conducted with Saudi-Arahi- - Sen Jake Gam. Utah, has jointly introduced logisla tion which a Utah energy official sa s "would speed up development of I tah s oil shale projects The bill, introduced by Sens Gam WASHINGTON R Preserves Supplies 'tT'TT1 "'to "There is no reason to provide full credit to synthetie fuels, sueh as coal gasification liquefaction, and deny incentives to the one alternative fuel that has tin- potential of being eomroere injh produced in meaningful quantities in this decade," Garn said Tribune Washington Bureau 1. 19S0 sources. Want to Buy He said OPEC nations, particularly are looking for ways to spend their excess cash. American coal producers on the other hand are Saudi-Arabi- 'fitisinrss investing or lending to American coal producers mav be to Utahn Cosponsors Action To Speed Shale Project .Salt i'akr aribunr OPEC Buyiing Into Coal? f T to 5 13 7 X0 5X 3 4 102 24 22 ft 44 16M 20M 14 27M X 14ft 7m 20 X 154 33ft DM 1'ft 12ft XM 71 ft- - IM M M N L N L N 13 64 I HtY IG 9 47 N L. 145 N L Bd Bond (I) Eduity W.ndv WaiSt 03 15 33 Wem 27 14 50 m no 13 3 26 d'vidend 6$ IMOjfbig. 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