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Show SUNDAY, DAY,JULY9, et : Sunday Herald Market Quotations Ree Furnished by Goodbody and | Company. Member New York Stock Exchange, 43.N. ‘University Ave. Oil CompanyElevates Ex-Provoan | ifSTOCK EXCHANGE iN » hOrés02664 WALLA WALLA, WASH.—Newell C. Acord has beenpromoted to sales representative-consumer a the Walla Wale| eee as rea, for, American Oil Compan Mr. ‘Acor is the son ofir. and Mrs. oe > R. Acord, 2243 N. 300 E., Provo, Utah Mr. Acord joined American in its marketing sales training program in- January; 3 f) He was born at Moroni, Utah, attended Brig. te ry bam Young High School, and received his de- gree in marketing from Utah State Univer- sity in 1964. Mr. Acord 73 |solete term that no longér ap-|and scallops. It may be used He is marred to the former Karen Rae| Harris, daughter of Mr. and Mrs, George F. Harris of Pocatello, Ida. The Acords make home at 420 Catherine, Walla Walla. 72¥|plies to a transaction involving] in two or three different sizes "37)the smalksized U, S. note orjand six colors: red, brown, #_|silver certificate, They have/blue, green, gold or yellow. 175 u 8 Lewis Takes New Post With State John E, Lewis of Orem, former statisticianand employee of the Provo employment office, has recently been promoted to’ assistant personnel manager of the State Employment Office 20) on { Collectors believe that a piece| ment framed at a time when it yt lof currency reaches an almost|/Was hoped Canada would bepa |sacred dimension the very mo-|come a part of the United ‘y |ment it is retired, and this is| States. as, | true. Just recently the U. S. 18 Mr. Lewis is married to the former Carolyn Coles, and has [ three children, They have decided that for the time being they © will not leave their Orem residence. *) Treasury Department issued a Twentieth Century PS became extinct as far as genUnited Park City 18 eral circulation was concerned Utah Weter ‘Wonderland 2a7y,|and now it rests in the sun — a Williston. 8 1.00 /thing of value to millions of SALT LAKE’ STOCK EXCHANGE SALES numismatists. Bristol Silver, 4,000 at .12) 3,000 ef .11 The seal of the Treasury of BallonMon, 300 at 672 the United States has appeared Pf, 200 at 437-4 ealcone,ioe a8 on every piece of paper money Frequently the size, location FOREIGN COPYCATS issued by the government with and color of the seal is the the exception of the demand, only difference between two Patent offices all over the] Pry202, P note of 1861 and the first three bills of the same denomination. world receive more than 500,-| Eureka Lilly Cone ie am 000 applications each year, | EurekaS50 rite at issues of fractional currency. It Then, again, there could be a Nearly half,of them are dupli-| Norm Lily, 2000 at ts has been used with a plain rim, difference on the signatures or City, 1,000 at 15\a 1,000 at 5 cates of inventions that have Park Rico Argentine, $00 at5.124 plate numbers, etc. of plate shipping in the rolling mills division at U. 8. Steel’s Geneva Works by L. E. Ringger, division superintendent, Mr. Stapleton, a native of Salida, Colo., began work at Geneva Works in January, 1966, as a managementtrainee in the industrial engineering division. Prior to his present appointment, he was a trainee in the rolling mills division. eee CHARTindicates daily closing stock indexes over period of a month, UPI Indicator is based on net percentage change of all issues traded of the 1967 stocks listed on big board. New York Stock Exchange based only on common shares, weighted by number of listed shares of each stock, expressed in dollars and cents. ASE index based on net. changes of all ASE stocks and warrants, divided by number ofissues traded, expressed in dollars and cents. (Herald-UPI Telephoto). Interest Rate Picture Discussed Wall Street Roundup pndcminterestresamidyear147apparbaie! Stocks ShootFireworks teRata be Fit SecriyNeveLaerentanedn a] After July Fourth; AT&T — -ie iaeonieed Saturday by MaxC. half rill bh; 2 notice of discontinuance of the i two-dollar bill because it was 3 [pot a popular denomination, 724 | Immediately the two-dollar bill f é G. Lance Stapleton, Orem, has been named turn foreman {survived the buck-passing stage| ‘The legend ort the seal reads: |and must assume their role as|“THESAUR * AMER °* SEP- |collectors’ items worth much|TENT * SIGIL.” Translated it jmore than ‘their outward ap-|/ means: ““The Seal of the Treas% | pearance would indicate. |ury of North America,”a state- f i in Salt Lake City. Stapleton Named Turn Foreman Dollar for dollar. oe Dollar for dollar is an ob-)a rim with rays, a spiked rim 2 ‘s4| be been rales in the inventors’| RoystonCoal, 3.000 at7.90 re comme Neen, vee weston! Skids After FCC Ruling Ely ect st rporatiol edadDe agea countri Japanleads the world in ship-| Long term interest rates Nie have hel a peak or Eand H Bal Sik Fund .. 1690 16% plateau by late June, when ee actually approached or ex-|By JAMES T. MCCAUSLAND|year and 71 dropping to new, building for the 12th straight Piers tans: Sars year. ieee i| n i ey = Divan The| ows. NEW YORK (UPI) eeeded levels established in : ‘The new demand for funds“results principally from the} took market saved its fire-| The trading é fe BreviFind nt pace increased| Sobel iohal about Paper money enthusiasts will BS BE (tndHeberFrisbee’ bk, Eihaacte # " aus 49 i 1m 7 7: - i $ s ne mative. It is packed with illutear |Strations otal e S. paper v7.7 |money and li isis i approxisi thelr mesan ie ‘iw |States,” interesting and infor- |p federal government's mecrtcog Onan finance the deficit, as welll yorks until after the holiday|steadily. More than a million See this week. For the general mar-|shares were added to each suc- Paras ns erindoen ket it was a fancy display. For|ceeding day’s total. loge Purchase of Company ieported owners of American Telephone|éien turnover amoun , & Telegraph, it was a fizzle, [811,910 shares compared with 44,929,876 shares in the five Purchase of Utah Mortgage Loan Corporation by First| Cheered by some good ecolast week and 24,794,026 Security Corporation has been announced by George S, Eccles,|nomic news and temporarily days shares in the holiday weeklast president of the Intermountain bank holding company, and G.|ignoring a jittery international year. gr Champ, president of the Logan-based mortgage banking pal een, investors sandsubstantial ad- The airlines had one of their ‘Wicl wo company weeks in a long time. Pan In their joint announcement, the two executives oud oat vances between two sessions of ‘best American and Eastern gained ‘Utah Mortgage Loan Corporation would become a wholly-owned indecision, subsidiary of First Security Corporation, but would continue In the case of AT&T, the 1% and 7, respectively, and iwere among the 10 most active operations under its existing name, managed by its present! world’s most widely owned corporation, there was no uncer- stocks, Other gains ranged officers and staff. tainty involved, only bad news. from 2% for KLM to 11% for Delta, Gains generally were The Federal Communications) from 4 to & points, Commission, after a 20 month study of telephone’s rate struc- Analysts attributed new Dean E. , accountant with the finance department, ture, ruled late Wednesdaythat strength to a number ofreports: has been appoint ‘to the supervisory committee of the Utah the company should cut its from the lines of growing or State Employees Credit Union, Hilmer L, Larson, Highway De- long distance rates again and) record passenger traffic figures cay president, announced his appointment last week. put a 7.5 per cent limit on in- for the month of June. Dean has been an active mi ember in credit union work and terstate earnings. Electronics scored widespread was one of the initial members of the “Boosters” organization, gains, usually from 2 to 3 a volunteer group that meets periodically around the state to AT&T stock, which had de- points, Color television stocks clined in anticipation of the delearn more about credit union procedures and policies. Other recovered some of the recent members of the committee are: Louisa Rodgers, Tax Commis- cision had a delayed opening losses which were the result of sion, chairman; V, Lyle Tester, Highway Departmentand Floyd’ ‘Thursday and again Friday and sales troubles. Motorola led the it was all downhill. It was the winners, jumping more than 6. ‘Tanner, tax commission. actively traded issue and ‘Magnavox, Admiral, Zenith and The Utah State Employees Credit Union has a membership most after hitting a 1967 low of 53, also improved. of8,000 and assets of $7 million. finished at 53%, off 3% on the| RCA Steels were mostly higher. week on a volume of 829,800 General Motors led most motshares, ~ ors higher, advancing 2% in reThere were rumblings of pos- sponse to increasing sales. The sible money tightening again low priced American Motors, this year and the schedule for which reported a sales dip, ran the greatly anticipated econom-| counter, losing a large fraction ‘ic turnabout seems likely to be in fairly active trading. delayed until the final quarter’ United Press Internation=! eps wer stady to 60 hae inyestors-apparently chose American Research sprinted 8. Symington Wayne advanced trends for all major higher, ‘to ignote these gloomy tidbits 5%. Late in the week Dresser classes of slaughter livestock at The 12-market receipts for the! and work with the news at Industries made a bid for SyMidwest markets continued t ed week mington conition. Dresser tackmove higher this week. 117,000 eae At Chicago the} The Dow Jones Industrial ed on 2%, Ogden Corp., which Siéers and heifers sold .25 to average price for choice steers ‘Average, which as of Monday's) announced plans to acquire $1@0-higher, mainly .50-.75 and was $26.30 per hundredweight. close had declined for six con- stock of Atlantic Research, adup-on steers. Cows and bulls In wholesale carlot trading, secutive sessions showed some vanced 2%, Susquehanna Corp. were steady to .50 higher, with steer beef was ¥% cent a pound signs of revival and closed up mede a bid shortly afterwards some bulls as much as $1.00, higher and heifer beef 1 to 2 8.79 on the week at 869.05. The but Ogden is considered the Vealers were sieady to $1.00 cents higher. Cow beef was rail component outperformed front runner, higher, while feeder cattle gnerally stady to 1 cent the closely watched Industrials, climbing 5.91 to 260.75, a new higher. Credit Union Appointmet Made Price Trends Move Higher For SlaughterLivestock Hog prices closed higher, with Broader based indexes did as barrows and gilts .50 to $1.00 well. The United Press Internahigher and sows up.25 to $1.00. tional Market Wide Indicator Wholesale carlot prices for climbed to a new all time high pork loins were 1% to 3% cents ‘of 110.02, up 1.99 from last Fri-' SALT LAKE CITY (UPI) —' higher, and Boston butts were day’s close. Standard & Poor's Walker Bank ang Trust Co. has up 24 cents a pound. Fresh a stock index jumped 1.06 to announced that the primary ‘hams were irregular, 91.69, force behind Utah’s economic Hog receipts at- the major Of the 1,596. issues crossing growth has lost its- momentum. markets totalled 420,000, The the tape, 992 advanced, 447 deThe decline of new govern-| average price for barrows and jelined and 159 remained unment jobs has broughtthestate: gilts at Chicago was $23.40 per’ changed. There were 240 issues back to a “high plateay type of hundredweight. ‘climbing to new highs for the ahaaly according to J. hitney Hanks, Dr. Hanks wrote in the bank’s quarterly “Utah Out- In Utah Economy has returned to the plateau typical of 1963-85, this level will be substantially higher than be- Since June of 1965, Utah's non ~ agricultural. employment has risen almost 33,000 jobs, and two-thirds of the expansion! br come from government DITTO TONACHINES STANDARD. FICE SUPPLY. 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