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Show Serials Order Department University of Utah 84112 City murnin w. 4 fitvi ft V VOLUME 17, NUMBER 251 Deadline Approaches for Posting OSH A Summary An important deadline required under the recordkeeping provisions of the Occupational Safety and Health Act of 1970 is approaching. Elliott A. Browar, the U.S. Department of Labor's Assistant Regional Director for Bureau of Labor Statistics, announced that February 1, 1974 is the date by which employers must post the Annual Summary of Occupational Injuries and Illnesses (OSHA Form No. 102). The annual summary is a compilation of the injury and illness experience for the previous calendar year. It is based on information contained in the Log of Occupational Injuries and Illnesses (OSHA Form No. 100) for each particular establishment. The summary must be completed and posted by the employer in each establishment no later than February 1 and remain in place until March 1. It is to be posted in each establishment in a conspicuour place or places where notices to employees are customarily posted. The person responsible for supervising preparation of the summary must certify that it is true and complete by signing it in the lower right hand corner. For employees who do not report to work at a single establishment, or who do nt report to any fixed establishment on a regular basis, employers are to satisfy the posting requirement bv Ali-A- ba Committee to Discuss Energy Crisis The implications of the energy crisis on various environmental concerns will provide a focus for Environmental Law-Ia Course of Study scheduled by the Joint Committee on Continuing Legal Education of the American Law Institute and the American Bar Association for February 1974, at the Fairmont Hotel, San Francisco, 7-- 9. ByUP&L presenting or mailing a copy of the annual summary during the month of February to all such employees who receive pay during the month. Mr. Browar emphasized that the law requires only posting of the summary; it is not to be sent to the Labor Department. Employers selected to participate in a statistical survey will be notified by mail y A 387-300- 0. Utah Power & Light Co. said today it plans to spend $93.5 million for new construction during 1974 an averof almost customer to $300 per age provide an adequate supply of electrice area it serves. The ity in the Salt Lake utility operates in most of Utah, southeastern Idaho and portions of Wyoming and ColoCity-base- d rado. The company said this year's construction expenditures are the second largest in its history exceeded only by the previous year's expenditures of Utah Supreme Court Decisions $110 million. E. A. Hunter, UP&L president, said the size of the company's construction budget is greatly influenced by increased costs of most everything the company buys as well as by increased pollution control costs. (See details page 4) Lions Share UP&L's planned construction for 1974 includes outlays for generation, Mr. Gerald D. Fasbender,. Officer in Charge of the Immigration and Naturalization Service, advised that the Alien Address Report for 1974 has been underway for over two weeks. From the number of reports received to date, it appears that many aliens are waiting until the last minute to make their reports. To avoid possible serious penalties as prescribed by law, Mr. Fasbender suggests that reports be made as soon as possible. Persons putting off the report to the end of January may find they forgot and failed to report before the January 3 1 st deadline. Tracy Mortgage Co. Names New Director Tracy Mortgage Company has elected Ted B. Covington, a director, announced today. Mr. Covington, a native of v rey, for Utah, has been a Tracy Mortgage Compny since 1971. He formerly held a position as Credit MorManager at Johnson-Anderso- n vice-presid- ei tgage Company, Denver, Colorado. Tracy Mortgage Company wholly owned subsidiary of Bank & Trust Company. is a Tracy-Collin- s Colorado Power, $2. million. The lion's share of the construction budget is earmarked for the company's Huntington Plant, the initial unit of which has been under construction for three years and is now scheduled for operation in June, 1974; construction of the second unit at the site is scheduled to start this spring. In addition, $500,000 is earmarked Almost ten percent of the firm's construction expenditures will be for construction of environmental safeguards including electrostatic precipitators, water clarification facilities, etc. The largest items projected for environmental control are for installation of electrostatic precipitators at Huntington, Naughton and Carbon Plants. Expenditures of $1.1 million for preliminary engineering and environmental studies on plant sites are also included in the budget. Not included in the construction environmental control eouipment. for geothermal development and exploration. By area, expenditures for heavy construction include: Idaho Snake River Valley, $7.2 million; southeastern Idaho, $3.9 million; northern Utah, $6.2, million; Salt Lake area, $24.1 million; eastern and southeastern Utah, $38.7 million; west central 1972. law students was reported by the American Bar Association. The ABA also noted a substantial gain in minority group enrollment and said that for the first time there was not a single "unfilled seat" in the first-yea- r class of any law ABA-approve- d school. i Women enrolled this past fall numbered 16,760, a 37.8 percent increase Not the Lazy Ones Nebraska, Ihe swift fox is fully protected under state law as an endangered species. (UPI) In rose 12.9 percent, far outpacing the overall enrollment increase of 4.3 percent. Total enrollment in the 151 approved law schools rose by 4,395 to 106,102' from 101,707 in the fall of 1972, according to Millard II. Ruud, who served as ABA consultant in preparing the report. Enrollment of first-yea- r women law students this past fall, totaled 7,464, a 35.2 percent gain over 1972. The additional 1,956 women this fall contrasted with a decline of 69 in men. The study showed that women were admitted at a somewhat higher rale than men, reflecting a slight edge in law schqol admission scores. test (L.S.A.T.) 1 Environmental Safeguards budget are additional expenditures of some $570,000 for research and development through the Electric Power Research institute, which was established and is financed by the nation's utilities to coordinate and carry on an expanded research and development program. Keith M. Roper To Join Nord Inter-Marketin- g, firm specializing Lou $Antff EARNINGS BOOM SEEN ENDING NEW YORK Lite all good things, say the economists of the giant First National tity Bank of New York, the corporate earnings boom is ending. They find that the dazzling sharp rate of 1973 overall growth conceals disquieting portents in the profits numbers. The major thorn is that much of the gains resulted from the high rate of in- -, flation. Corporate inventory profits have ballooned, say the bank economists. This accrued on inventories of raw materials and goods in process as well as on furnished goods. In a period of price inflation, such increases become substantial. And where firms use FIFO (first in, first out) or similar e methods of accounting, such inventory profits are a costs affair. Replacement are presently considerably higher. one-tim- These economists say that the political events in Washington muddle overshadow all previous of slowdown. economic an And, they add, no current new signals policy moves will alter the nation's economic course before late and the Middle East What the New York First National Bank economists are saying is that the impact of Federal Reserve money policies affect the national economy up to nine months ahead. Thus the slowing business activity is based on policies adopted early in 1973, long before Watergate and the Middle East oil embargo. In securities markets, where nerves are taut and time horizons short, there is an implicit assumption that every political event, be it war or change of policy, has an instant economic impact. But every knowledgeable business analyst is aware that the substantive economic consequences of political events are only gradually felt The impact of oil cutbacks by the Arab nations will be felt only in time. Iri other words, that economic hurt has yet to come. General Electric's management will reduce its dividend of its earpayout ratio. For several years it paid out of current the of "The board thinking directors," says nings. Chairman Reginald Jones, "is for a payout ratio of about half of our earnings.". GE hasn't any plans to sell additional common shares to do financing. Reason: "We enjoy excellent bank credit, and we own a substantial block of Honeywell stock." Under government order, GE must unload its Honeywell holdings by two-thir- new-mon- ey 1981. It amounted to 1.925,432 shares in Inc., a marketing in franchising, has announced the appointment of Mr. Keith M. Roper to its marketing team as Assistant Vice President. Richard F. Nord, President of the Ogden-basefirm, recruited the former marketing executive from San Diego because of his strong background in franchising and franchise problem solving. Moat recently vice president for franchise marketing at American Fleetcare Systems Corporation of San Diego, Mr. Roper was successful in. bringing about an increase of 40 franchise operations for that corporation and in increasing the effectiveness of its advertising program. Previously Mr. Roper had been Executive Vice President of National Business Investments, Inc. (a wholly owned subsidiary of Denny's Restaurants, Inc.) in La Mirada, California, ' where he was responsible for the sale of Denny's Restaurant franchises nationally. Within fifteen months, he achieved franchise sales in excess of $5,000,000 for Denny's. Mr. Roper was From director of franchise modification for Inc. in Los Angeles. United Rent-AlIn this capacity, he initiated the first incentive program for the dealer system and designed and implemented a training program for existing dealers. While director of franchise sales for Mr. the same corporation Roper was responsible for changing the entire franchise concept of the company and developed a system for measuring the effectiveness of United Rent-All'- s advertising, resulting in more effective advertising. A Dale Carnegie graduate, Mr. Roper became area manager for Donald A. Dahlberg and Associates, Omaha (sponsor for the Dale Carnegie courses), in Southeastern Nebraska. During the five years he was area manager, Mr. Roper's area became one of the highest producing territories in the country. Married and father of four children, Mr. Roper looks forward to enjoying the advantages of family life in the Salt take City area. "We feel fortunate to hdve someone of his background and expertise to help us do our job. of making happy marriages between franchisees and franchisors," said Mr. Nord. d 1974. Women Law Students Up Nearly 38, ABA Reports CHICAGO - A dramatic increase over Minority group enrollment in the number of women Utah. $3.5 million; southwestern Wyoming, $4.3 million; and budgeted for its subsidiary company, Western transmission and distribution, plus Alien Report Smithsonian Institution with the cooperation of the Environmental Law In addition to the impact of the energy crisis, other topics to be covered in the three-dacourse are: NEPA developments (including the Eiroblem of substantive rights under water pollution deveopments problems ); (including air pollution developments; federal, interstate and state land use controls; public interest litigation; toxic substances; and coastal zone managements. For additional information on the course, write or call Paul A. Wolkin, Director, or Donald M. Maclay, Assistant Director, Courses of Study, ALI-ABJoint Committee, 4025 Chestnut Street, Philadelphia, Pa. 19104, telephone (215) $83.5 MDDion Construction Planned For 1974 four-stat- California. The course is cosponsored by The Institute. FRIDAY, JANUARY 18, 1974 SALT LAKE CITY, UTAH 1970.. ds 1968-197- 0 l, (1963-1967- ), |