OCR Text |
Show vyi-- . 't ywryryyyryr w The Salt Lake Tribane, Sunday, October 18, 1964 Oil Scorns, Praises Chiefs Suggestions Utahn Gains HOUSTON, TEX (AP) --A strengthening the mandatory west coast and one for all areas couple of suggestions by the program to control imports has east of the Rocky Mountains. The idea, that the west coast chief executive of the worlds prompted controversy. be incorporated into the quota doINDEPENDENT largest oil company on how operators system for the rest of the nation mestic independent producers are in disagreement over Rath-bon- drew protests from officials of can Improve their position withsuggestion the imports the Oil Producers Agency of in the industry have prompted program apply to the nation as California and the Independent a whole instead of being broken Refiners Association of Califorpraise and controversy. into two sections, one for the nia. M. J. BATHBONE, board chairman of the Standard Oil Co. (New Jejsey), discussed the plight of "the independent in these days of oversunply during NORTH SALT LAKK AUCTION Wedweek 3 400, Including 560 calves, compared a Sept. 30 speech at Dallas, Tex. nesday report to 2 840 last week and 3 075 a year ago steers and heifers uneven, Slaughter Cattle and Fed steers scarce, heifers Rathbone told the Texas lower; above 9ood nothing grade offered steady to weak, Instances Oil & Gas Assn. inde- slaughter cows mostly steady, stackers cows closed fully 50 lower, bulls 50 lower, and feeders unchanged Standard and vealers about steady, feeder cattle and and the 50, standard and calves good fed steers 17 pendents majors lower Slaughter steers and ted heifers 17 00 20 20, utility and heifers made up about 7 pet of run, cows longstanding dominant position good commercial cows 11 90, canners and 20 Award for Achievement man was Lake A MISSOULA, MONT. (AP) Salt City among six Montana State University alumni honored for outstanding Livestock Markets achievements Saturday at the universitys 1964 homecoming celebration. , 0 0 pet; remainder mostly feeder catt'e cutters 8 1 50, good to choice feeder steers 17 8 60 medium Hoisteins 13 Slaughter Steers: Very few choice cf 50 some lightweights to 15 10, good to fared High good and mixed good and choice feeder heifers 16 8 00 choice lb 20 60, few IndiCalves Choice vealers lacking few vidual choice to 22 10; other good 800 18 lb 1,200 40, stock catves sales steady standard and generally 0 lb 16.50-130 steady Standard and good veal 18 3 00, Hoisteins good to choice stock steer calves 20 Several lots high Slaughter Heifers 00 good choice heifer calves 18 00-3 of independents in oil exploration and drilling operations has declined steadily since the worldwide oversupply situation began in 1956. AS A RESULT their relative position concerning reserves and production has been lowered and the trend of them new reserve addition is continuing Rathbone said. downward, Rathbone offered several procedures for correcting the situation but reaction, for the most part, has centered on two of his suggestions. SI GGESTION independents give less attention to thoroughly explored shallow depth areas and pool their resources for more expensive and productive deeper drilling explorations has 'drawn praise. One of his suggestions for A 75 (USDA) Livestock port for week ending Friday Cattle A Calves Estimated Market OGDEN Re- salable this Pair Founds Investment Firm in S.L. effect Saturday. announcement from the company and union said the union members will gain a pen sion plan effective immediately, one additional paid holiday and increased payments by the firm A JOINT disafor the hospital-medicbility program A five cent hourly wage in- crease will be paid Oct. 16, 1965, and a six cent increase will be effective Oct. 16, 1966 . THE MINERS currently make about $21 a day. The steelworkers union had a contract with Lucky Friday silve- Mining Co. before that firm was merged into Hecla earlier this year. r-lead Special Cattle Sale OMAHA (AP) Approximately head of cattle consigned to Omaha by the Northwest Montana Cattle Marketing Assn have been sold at a-- special rarlot auction at prices ranging up to 6 000 $25 85. WE PICK UP ElMc OR USELESS Mr. Tunks Mr. Dougan OFFICES MILL be located at 901 American jOil Bldg Upon completion of regulatory requirements, the firm will offer area investment consultation, economic evaluations and corporate analysis Mr. Tunks is a Montpelier, Idaho, native and attended the University of Utah. He has been a registered representative with Dean Witter & Co , member of the New York Stock Exchange, since establishment of the firm in Salt Lake City, Ore Weakens, Kennecott Plans Setup ago Barrows and gilts at auction 25 50 lower, sows steady Barrows A Gilts Few lots mostly U S Ib 16 80, mixed 13, 190 2, Ib 16 20- 6 230 Ib 16 60, few lots 16 40, some relatively low yielding 1 3 and Ib 15 70, indi lots mostly 2 3 40 package Ib 15 vidual 2 3, low yielding 233 Ib 15 10 U S 3 relatively Ib 15 10 small lots mostly medium 15 30, package US 3 299 Ib 14 20 Sows US 1 Ib 3 Ib 10 00 10 30; 2 3 0 i Sheep Estimated this week 4 010 compared to 7 425 last week and 3 190 l?st year Slaughter lambs steady, ewes firm feeder lambs 50 lower Several Lambs packages Slaughter Ib 22 20-mixed choice and prime 1 Ib 21 90, 22 75, mostly choice mixed slaughter and feeder lambs in good 40 20 Ib 0 and choice slaughter flesh Slaughter Ewes Three decks mixed cull and mostly utility near 130 Ib No n and pelts 4.70-- 80 part deck mixed utility and good 5 35, other cull and utility 3 70-- 90 Feedar Lambs Choice and few fancy deck 85 Ib 20 60, deck Ib choice 80 Ib 20 00, other choice 17 9 80, package 50 Ib 16 60 Cache County, Friday SMITHFIELD, 71 94 Ib 19 85 21 OO, WTop dairy cow 297 50 good to choice 00, small dairy cows and heifers 210 er common dairy cows and heifers 150 00 75, canner and 00, utility cows 12 25 9 25, bulls 15 Hereford stock calves steers Calves 1 17 00, Hereford stock calves heifers 17 75 9 Holstein steers 300 to 500 5 50 Holstein steers 500 to 900 b 12 Ib 75 Holstein heifers 300 to 500 Ib 4 12 75 14 Hoistem heifers 500 to 800 00 0 5 50, veal calves 17 Ib 13 175 Continued from Page C- -l cracks and fractures In the folded crusts The shattered rock provided a 10 path of escape for the mineralLambs 17 80 Hogs 15 bearing waters and gases driven Newborn bull calves: 7 off from the cooling of the molFntire market was stow ten rock far below. ranged lower Top duality 00 and prices dairy cows held steady UTAH FEED AND RANGE SALES Week ending Friday Continued mild solutions passed upward, weather prevailed throughout the week, a storm system pushing into the copper and other minerals were with state over the weekend and some moismountains deposited in the tiny cracks and ture expected In the northern Trading on slaughter steeers andthanheifers crevices last rather slow steady to 25 lower Feeder cattle moved steady to 50 Col. Patrick E Father week slow after last Feeder calves lower of Utah Conners sol- week s moderate activity, but prices reSlaughter steady generally diers first prospected the area mained lambs remained steady with a bulk of movement from previously contracted in 1863. The copper deposits the lots were neglected as being of too Confirmed this week 190 slaughter steers, 370 slaughter heifers 40 slaughtlow grade. 640 feeder 225 feeder cattle er cows calves Eight hundred slaughter lambs, 150 ewe replacement TWO YOUNG lambs Last week engi mining 840 slaughter steers, 145 slaughter heineers, Daniel CyJackling and fers, 300 feeder cattle, 6 000 feeder No sheep or lambs All sales for calves Robert C. Gemmell, prepared Immediate ta.IO-dadelivery unless statthe report that was to make ed Slaughter steers 60 good and choice 1 realistic the mining of the 2 Ib 21 50 All fob feedlots 110 5 per cent shrink or equivalent grade ore. 1 235-l- b Hoisteins 20 00 delivmostly good per They proposed packing plants equivalent mining by ered shrink Rail Basis 20 mostly good steam shovels m an open pit, cent 1,100 Ib live weight 35 00 fob Ogden, 3 with ore to be hauled 15 miles to per cent cooler shrink 190 high good and Slaughter heifers a concentrator on the Great Salt mostly 2 All 00 Ib 21 choice 5 cent at shrink or feedlots source nearest fob of per water. Lake, 180 mostly choice Ral Basis equivalent The first ore was taken by 900 ib 36 00 fob packing plant per cent Utah Copper Co. by under- cooler shrink 0 Feeder cattle 150 mostly choice ground mining in 1904. In 1914 Ib steers 18 8 50 fob per cent shrink or equivalent 75 good 534 Ib heifers 15 50 open cut methods of mining overnight stand and short haul to weigh Ing point," were introduced. Feeder calves 640 mixed steer and 2 Ib steers 21 00, heifer calves, heifers 19 00, all overnight stand, some plus short haul to weigh in points Delivery Immediate to Slaughter lambs 800 choice, few prime B 0 Ib 22 00 fob 4 per cent shrink 150 choice and lambs Replacement 0 Ib ewe replacement lambs fancy 23 00 Overnight haul plus haul 40 xfiutter salughter cows rail Nevada basis 900-- 000 Ib 24 50 fob packing 3 plant per cent cooler shrink AS THESE HOT, metal-bear-m- ALSO RECEIVING DistinAlumni awards Service guished rewere the first brother-siste- r Jeannette Rankin, a former Montana congresswoman, and her brother W. D. Rankin, Helena attorney. Others honored were Lucille Armsby, a member of the Uniand Loan Assn, vice president; William Mcponald, IBM systems versity faculty; U.S. District representative, and H. Clive Kimball, Prudential data manager. Judge W. D. Murray of Butte, and Terry G. Dillon, a football star who was killed in a bridge construction accident last spring. cipients! Checking IBM 1401 computer to be used in reporting election are, from left, Gordon J. Bluth, Prudential Federal Savings g Dragline Combination Available Completely Etc. ' , Your Qualified Machinery Specialists &&& eg i ra cczVjco rvinc 1485 So. 2nd West Phone'- Salt Lake City Fast, Accurate Ballot Results Rising Prices Utah Election Highlight Metals Scene If Its possible have each to NEW YORK (AP) Rising prices for zinc and lead and continued pressure on copper were highlights of metals markets this past week. ZINC AND lead each climbed a penny a pound m the quotas of most major producers, zinc to 14 cents at East St. Louis and lead to 15 cents, New York. The rises were designed to attract foreign ore and concentrates by narrowing the spread between U S. and foreign prices. Copper prices, meanwhile continued varied: 34 cents in the U S , 35 cents outside the U S for Chilean copper and 32 cents outside the U S. for copper. PRICES FOR mill products, meanwhile, also vary widely with three recent different increases posted to reflect higher two middle names, cooperation would be a good one to tag onto Utah Election Service. Cooperation is the lifeblood of the statewide organization which will bring voters fast and accurate results of the Nov. 3 general election. FIRST LINKS In this vast cooperative network ore the election judges in Utahs voting districts. Theyll start reporting votes the instant the polls close. Theyll transmit their totals to respective county clerks who will help special Election Service correspondents in telephoning totals to UES headquarters in Salt Lake City. ANOTHER important part is a battery of election experts answering hundreds of phone calls from correspondents. These experts will transcribe totals for cards. Profit Program Service-Cooperat- ion candidate onto computer The cards then are fed through an IBM 1401 electronic computer used by UES through fie cooperative, community serv- ice efforts of Prudential Federal Savings and Loan Assn., 115 S. Mam. At predetermined intervals throughout election night the computer will run off results based on latest returns. IN ADDITION, lending a big hand in getting the totals into UES headquarters will be the LoOgden Standard-Examine- r, gan Herald Journal, the Provo Herald and radio station KSUB in Cedar City. IMFLOYERS them an report on the . . . giving elec- tion. Participating In Utah Election Service will be The Salt Lake Tribune, Deseret News, KSL, KNAK, KLUB, KCPX, KALL, KCPX-TV- , KSL-Tand KUTV in Salt Lake City. V ganization and profit Improvement program for Its Variety Stores Division. McCrory said Neaman would act as president of the division until the program is McCrory-McLellan-Gre- en ... LOWER OFFICE STAFF COSTSl as FROM THESE tallies, newspapers, television and radio newsmen will put the figures into print and on the air for all tile states voters to read and hear NEW YORK (AP) McCrory Corp. named Samuel Neaman, a vice president, to head a reor- h U Our LJ O SAVINGS Tempurury Off lea Help "Tha Girl with tha high I Q " GUARANTIED WHY FAY MORI for unproductive time. RENT" additional porionnol ot you need thorn A fro analysis chart out lining offico ovorhoad is yours for th Stones Typist Transcribe Comptomstor Operator asking CALL EL 9-87- TODAY 62 far tamplafa Infarmatlan. VICTOR TEMPORARIES costs. The zinc boost, applying to prime western grades, was initiated by American Metal CliMost max, Inc., Wednesday other producers followed Maior metals prices COPPER ered foreign York 34 32V delivcents a pound cents, nominal. New 35 X LEAD 15 cents. cents, St Louis cents. New 14Va cents, East New York York, it 14 8 Louis, 15 ALUMINUM Ingots, delivered 44 cents bulk 99 5 per ANTIMONY cent, carlots, producer s plant 35 MAGNESIUM 65 cents, pig, FOB, Velasco, Tex 24 - 2 MANAGANESE ORE cents a long ton unit (22 4 pounds), India ore, import duty extra cents standard, carload JP lots, fob shipping point 79 cents NICKEL electrolytic ca thodes Port Colborne Ontario, U S duty Included cf , US ports, $87 90 an ounce, produan ounce, dealers 293 an ounce. New York; SILVER 112V pence, London TIN $2 10, New York PLATINUM cers, $140-14- $1 QUICKSILVER - 5 a flask 75 a ton 5 TUNGSTEN ORE $15 unit (20 pounds), duty extra ZINC prices not unanimous at week s close Enjoy Carefree Convenience Wins Light Contract Special to The Tribune HELPER-T- he Skyline Elec- tric Co., Salt Lake City, has been awarded a $3,247 contract by the General Services Administration to install new lighting in the Helper Post Office, Postmaster E. F. Marchetti said Saturday. when you travel Union Pacific Domelner Diesel Engine Undercarriage ' Reconditioned 484-43-78 tots Calves several Early b some with end prime 22 4022 90, lot 338 Ib 22 90 Ib 22 60, on the close pack age prime 427 Ib steer calves 22 50, few 22 10- Ib steers individual prime 22 20, package choice 416-lsteers 71 00 steer calves 18 25 other choice 22 75, late sales 22 00 and down, good steer calves 15 25, package average-goo440-lsteers 16 90 Package choice 378-l- b heifer calves 20 20 early, other heif early sales mostly choice ers 18 0 00, few good and choice 30, late sales pack heifers 15 heifers 19 10, small let age choice 435-l- b 273 Ib 19 30, other good and choice 10 Ib heifers 14.00-1- 9 Hogs f Estimated this week 325, com pared to 370 last week and 380 a year cutters Special $7950 , 75 2 20 90 BUCYRUS ERIE 22-cu. yd. BACKHOE ' small lots and Individual 0 lb steers 17 9 30, good lb steers 15 7 80, part load mixed good and choice 836-lsteers 18 40; other good and choice steers 15 9 00, Including several lots choice 0 00 eerly In the week, ib 18 Ib Holstein early sales standard steers 14 40, including several lots 5 Ib 15 on the close oack 40, Holstein steers 14 to age standard 580-and other Hoisteins 13 4 60 Small lots and individual 9ood and choice heifers 14.00-1- 7 70, early part load 613 Ib mostly choice 17 30 Several shipments good and choice 2 and replacement heifers and young stock cows Ib 13 10, two loads good lb H'jO-161young replacement cows other good replacement cows 11 70- 15 70, few good pairs 112 5 00 moderate number cutter and utility feeding cows 0 steer calves part toad 401 .low e New Clutches Faadar Came Feedar Mining) Optional State Bar and a former Salt Lake City judge and Third Judicial District judge. choice 10 (The 45-f- t. ranged 11 50-40, few commercial and standard 13 50 1 70. 60, canner and cutter Slaughter Bulls Utility and commercial 14 few cutter down to 14 00 Vealers; Few good and choice 18 25-13 14 choice, The establishment of Dougan and Tunks, investment consulting firm, was announced SaturWALLACE, IDAHO (UPI) day A new three-yea- r by J. Lynn Dougan and Phil becontract; tween United Steelworkers of S Tunks, partners forming the and Hecla firm. America, AFL-CIMining Co. covering 160 men at the Luckv Friday mine was in 50. Slaughter Cows: 23 00 Conferees Adopt Lucky Friday Mining Contract BRYAN P. Leverich, 2596 Rowland Dr. (4240. South), general solicitor for the Union Pacifio Railroad Co., earned a bachelor's degree at Montana State University before receiving a law degree at the University ol Utah. A native of Larimore, N.D., he is chairman of the Utah Railroad Assn., past president of the Utah lb 20 40-good andwnostly choice 21 50, load near 860 lb, 21 50 were fed-lo- t mates of 22 00 heifers last week; other lb 17 0 60, standard 14.70 good 17 i or business trip on any one of Union Pacifics fleet of Domeliners Is as restful and relaxing as a leisurely ocean Cruise. And Fall is A vacation .the ideal time to travel. Through picture windows at eye level the beauty of the Union ' Pacific West, slashed with the spectacular color youll see of Autumn. Money saving Family Fares apply to both Pullman HOMEUEERV'City of Los Angeles . The Challenger and Cbach travel. Food both snacks and delicious Domediner dinners are freshly prepared... Just for you. Baggage allowances are generous. And most of all, youll travel carefree and carfree without weather worries. vYour U.P. representative or travel agent can answer ' all your questions about exact fares, routings and reservations. "City of Sen Francisco "City of Portland UNION PACIFIC RAILROAD V 417 SO. MAIN, SALT UXC CUT "City of Denver "City of St. Louts |