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Show non-circuc- ns at WMhni AMwkor,, Broker-Dealer- eye crackdown s on trading of no information9 stocks Trent Parker; chairman of the executive committee of the Intermountain Association of OGO Over-the-Count- er said Wednesday he will ask members to stop trading in unlisted stocks of companies which have not provided financial information requested by the association. Broker-Dealer- s, The information was requested last year of the 150 or so unlisted companies. The aim was to expand the OTC brokers knowledge and awareness of the companies whose stock they arc over-the-count- er trading. It seeks such information as the status of charter, the issuance of annual reports, the date of dividends, the identity of persons or interests with more than 10 percent equity interest and other financial information. About 50 firms have responded, said. so far, Mr. Parker The requirements are reasonable, he said. They not only arm the brokers with information but give the stock purchaser some valuable points on which to make a decision. ' Indeed, the issue involves the trading. The association currently lists 13 members. In the meantime, it was announced that the Intermountain Association and the Salt Lake Stock Exchange will sponsor a dinner June 24 honoring James J. Needham, newest of the U.S. Securities and Exchange commissioners. Mr. Needham, an accountant, will be in Salt Lake City June 21 to 24 for meetings of the livelihood of the brokers Mountain States Conference of Public Accountants. themselves, Mr. Parker said. The dinner will be at the Ft. The SEC has threatened and, in one case in Oklahoma, has Douglas Country Club. Mr. cracked down on a brokerage for Needham will discuss current allegedly not having adequate problems of the securities information on a stock it was industry. Western governors hear pollution control plan PARK CITY, Utah-- A proposal for a tax exemption of pollution control equipment of the mining industry and a report claiming that dangers from agricultural pesticides are exaggerated were presented here last week to the Western States Governors Conference. Dealing with the NIGHT LIGHTING LENDS DRAMA to Kaiser Steel's iron ore pelletizing plant at Eagle Mountain in California. Kaiser is just dollar expansion project here the completing multi-millio- n 25-yefourth in the mine's history. . ar Colorado offers oil, gas leases in Las Animas Co. Southeastern Colorado's Las' Animas County is featured in the oil and gas lease sale scheduled by the states board of land commissioners on June 17, starting at 2:00 p.m. in the Envoy Room of the Quality, Motel, 1840 Sherman Street, Denver. Regular leasing procedures are in effect. Of the 176 tracts offered, 116 are in eastern Las Animas County and 40 in western Baca County. Together, Las Animas and Baca counties account for 65,939.13 of the 72,027.32 acres offered in the - filings re in 28, 29 and 30s-5- 1 through 55w. Other counties represented in the sale include Adams, Morgan, Washington and Weld in the Denver Julesburg Basin; Moffat in northwestern Colorado; Jackson, Park and Otero. June 1 7 sale. Lands in the spread flank the Las" Animas arch, little drilling is of record in the general area. Adding to the interest, current Colorado federal land offices filings show 36 leases issued to Phillips Petroleum in eastern Las Animas County. environmental issues of natural resources management, the governors met with the various states agricultural commisioners and the conferences mining advisory council. The mining council, in a report delivered by its chairman, R. LaVaun Cox, Salt Lake Gty, suggested that equipment for pollution control be exempt from property tax rolls, or at least, that new equipment installed as a legal requirement. There is a bit of paradox in some states which urge installation of costly equipment for pollution control, then add this equipment to the property tax rolls when such equipment yields no monetary return to the owner, Mr. Cox said. We acknowledge that the minerals industries may have lacked responsibility in their . youth, when development ventures were often carried out with too little regard for our environment. However, these same industries have gained maturity and needed technology and are dedicating manpower and finances to take a leadership in environmental affairs, the report stated. Too many of the new generation of environmental enthusiasts have no suggestion to offer other than an immediate cessation of present methods and practices. We believe that an improved environment is both desirable and possible, but feel it must come in an orderly fashion. Mr. Cox suggested the governors support a timetable for research, design, testing and installation of new equipment and the modification of old plans and the construction of new ones. In pesticide control, LD. McCorkindale, director of the Arizona Commission of Agriculture, said emotionalism instant stemming from has a led flood to of experts so-call- ed accusations and downright falsifications, citing as an example charges against the use of DDT. In this age of unreality and misleading publicity, no one can blame the urban people for being thoroughly confused and frightened about the use of pesticides in general, he said. They hear almost nothing about the very real relationship of pesticides to out own ample food supply which is the safest and cleanest on earth. Mr. McCorkindale said there must be developed a realistic benefit-ris- k equation based on scientific facts. He' pointed to the increasing life expectancy and cited statistics pointing to growth of wildlife, adding that such statistics certainly dont indicate that we are a deteriorating nation of people being systematically poisoned by pesticides. Fed proposes ban against silver hoarding B Federal Reserve Board said it wants to prevent member banks from including silver coin hoards in their reserve requirements. h;e3f WASHINGTON-T- he D proposes to inate thep pins' from the eqlramefits" and has set line of July .13 for numismatic value. |