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Show Stock Market Ends 2nd Losing Week Brint t Ui.ffv I The s ilt I ake Trih l.iininoml A (SIR mH Iribune Wusliingmn 5 on energv legislat ion stungthen energv sponsts because another majot shortage t ri mergem ni emergi v pit paredness Several agreements between the senator and administration regarding the fill late of the St.ategic Pc troleum Reserve and en.tigentv preparedness would be implement ed unJer Senate Bill 1678 nited States should I of Shortage He made his remat hs al a hearing ,uicau Sen James SH1NGT0N Mi Clure R Id ihu ih.iirmuii if the and Natural Hesnunes Energv Committee said he is still i nn ini ed W that the ot the likt lihood of mti i n itinnjl oil U.S. Orients Uranium Policy to Market - WASHINGTON (APj The government is attempting to shift lT S uranium enrichment operations toward a market-orientepolicy based on "sound business principles," a Department of Energy official told Congress Friday. Shelby T Brewer, DOE's assistant secretary for nuclear energy, said that as a result of stiff competition from foreign uranium producers, "our role in international nuclear and therefore our commerce leadership in international nonproliferation policies is threatened He contended that meeting this challenge would require "a dear understanding of the market, based on realism rather than wishful thinkdeing, and a commitment to make sound business on based princisions lows. ciples. No Other Problems Brewer's remarks came in testiOtherwise, analysts said there apbefore the House Energy and mony be for no to the problems peared subcommittee on energy Commerce market in the most recent readings conservation and power. of the state of the domestic econoY . my. The Commerce Department Rep. Richard L. Ottinger, D-said Thursday that the gross nationchairman of the panel, said he beal product, after adjustment for inlieves that in view of a continuing flation, grew at a worldwide glut of uranium fuel 7.9 percent annual rate in the stockpiles as well as enrichment third quarter plant capacity, DOSs current con But investors seemed to be in a wary mood as they awaited the Federal Reserves weekly report on the money supply, due out after the close. When the report was issued, it showed an unexpectedly large $2 4 billion increase in the basic measure of the money supply. The news sent interest rates higher in the credit markets. Rates on short-terTreasury bills rose about 15 basis points, or hundredths of a percentage point, on average, while government prices of long-terbonds, which move m the opposite d the world market for commmial uranium enrichment S market Bv 1980 however, the share dropped to about 33 perient Brewer said, mainly due to inroads by European competitors He noted that "between 1980 and 1982 we have 38 regained some ground - to about " percent of the foreign market struction program is too much too soon. f The department has been building enrichment new diffuso that gaseous existing plant sion plants, dating bat k to the 1940s can be phased out a s the I'nited Up until the States had enjoyed a monopoly in mid-1970- Oriental Bazaar S L. Buddhist Temple Sat (Vt 22, lFS.2 -- 1pm tn(i p m . Do or Mu in Mt'dllll! Uo.id ol HOURS: Sat: Daily: 12 Noon 10 A.M. - 6 P.M. - i ALL HOADS LKAD K) I UK FABULOUS OHIKNi AL BAZAAR! 8 P.M. Closed Sunday t .in it n t llltlu llik nn. I ril li lifi pi mius i.ikt uokli I iv ul Id j! t I tilt! M r I lilt lioUl ip.UU i -- r Liiiw Mill i Ill's- ! fui tin FIRST SOUTH 211 W. (west of (hiUion 1563-474- 2 the Salt Palace! direction from interest rates, dropped about $10 for every $1,000 in face value. The biggest contributor to the Dow Jones industrial average's loss was International Business Machines. off 2U at 127 in active trad-inMary Kay Tumbles Mary Kay Cosmetics tumbled 3Js to 157. On Thursday the company earnreported that its third-quart- ings fell to 20 cents a share from 28 cents in the comparable period last year. American Telephone & Telegraph to 623 and Digital Equipgained to 67 v as those issues rement bounded from sharp declines earlier in the week. About five Big Board issues showed losses for every three that gained ground, and the exchanges composite index dropped .58 to 95 74. Nationwide turnover in NYSE-liste- d issues, including trades in those stocks on regional exchanges market, and in the totaled 108.50 million shares. Standard & Poor's index of 400 industrials fell 1.19 to 187.06, and k SAPs composite index was down 1.03 at 165 95. The NASDAQ composite index for 500-stoc- the over-the-count- er market dropped 1.76 to 279.49 At the American Stock Exchange, the market value index closed at 218 25. down 2.29. The Market In Brief New York Stock Exchange Oct. 21, 1983 Now through October 30, weve marked down prices 20 on selected phones. TELEHELPER 1600 DIALER tor any office Features The perfect easy one button dialing, automatic redial and one-waspeaker Use with any modular phone TELEHELPER" 700 SPEAKERPHONE A perfect addition to your home or office The slim profile fits anywhere while you conversations Desk or conduct hands-fre- e NOMAD v 1000 CORDLESS TELEPHONE. Looking for versatility in a cordless phone7 Look to Nomad 1000 This unit offers a time-sav- er y 700 ft. operating rangef paging, one button dialing, last number redial and a coded security system. Dial pulse or Touch-Ton- e dialing S29&95: $239.96 . Conference To Look at Health Costs Salt Lake area businessmen, consumers, educational and government leaders will meet Nov. 3 at Hotel Utah to develop ways to address health care costs, consumer education and investment fraud problems. Registration and continental 8 45 a.m. fol- breakfast will begin at lowed by wecloming addresses from L. WilkinAttorney General David exW. Futterman. Marlene and son ecutive director of Direct Selling Education Foundation. The delegates will be divided into three groups. Projects will be developed during the day and assignments made to each committee 117 rp iu V .im McClure War. WUV i. . Bank storks posted some of the day's biggest drops amid rumors and speculation about new trouble involving one or more countries with heavy international debts By the time the market closed, there was no news to substantiate that talk. The Dow Jones average of 30 industrials lost 2 64 to 1,248 88 For the week, the average fell 14 64 points, after taking an 8 63 point drop the w eek before Volume on the New York Stock Exchange came to 91 64 million shares, against 86 million in the pre- ious session New York banking sources who declined to be identified said Friday afternoon that there had been no sitchange in the international-deb- t uation But banking issues finished with broad losses. Citicorp dropped 2d to 31. Chase Manhattan 2 to 44s. Chemical New York 2d to 39d; Manufacturers Hanover 7s to 36d, and Interfirst Id to 16d, all trading at l IDEA NEW YORK (AF'i The bunk market wound up its second straight dechnng week with another loss Frida1 lor IVt-p.m- CUfcDUWM cote UP WW POT I imKT ABOUT PttKfilWr IT1 UttlPftflOrtDTOlWJftJ THIS 15 tv, ()i Inin r JJ, sjiurd TRIMLINE" TELEPHONE This familiar, compact design has become a tradition in America s homes Shape and style that s easy to use Desk or wall models Rotary Touch-Ton- e" dialing Rotary NOMAD 400 CORDLESS TELEPHONE Don t be tied to your phone because of a cord Make and take calls indoors or out up to 700 ft from control unit Handset paging and last , number redial are features of v this convenient unit . Push-butto- n dialing 54&05TYv v smos: $39.96 V $135.96 Touch-Ton- e dialing 52H53C , $57.56 uiK o' AT AT Co " IV Jy vary Unending on mvirunmyi to Crossroads SOI -- onfl lions' Plaa SUl 1ST 0.181 HegistyriKl Tiddymd'K I lme I ot ATJT Co ort I moil lii,st) Last SOI :()() lSlil U0G9 SuHar house li'jul 's Highland A I nn n avion Hills Mall Lav tun soi .iiii HKd I rmcrsilv brill 'fall ( SOI -- 2(3 211 Ojidcn C 1 it Mall thtdcii SOI OL'l i.iO i 1 I |