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Show Wednesday, October 13. 1976 supplement to the National Enterprise U of U Expects Higher Business Enrollment by Dean Alsup Review Staff Writer The University of Utah seems to following a national trend toward increased number of business students the demand for business graduates creases correspondingly throughout state. be an as in- the Projections from the University of Utah school of business indicate that there is an increased demand for business graduates and undergraduates are flocking to business majors. The initial inflow of new business students is coming from freshmen and an increased number of transfer students to business from outside schools. Most of the new students, however, are enrolling in the because of more Us school of stringent scholastic requirements prohibiting their entry to the business college. pre-busine- Consequences of Utah Intl Merger Uncertain About half of the 25-memb- er staff of the Salt Lake City division of Utah International, Inc. will be affected if the proposed merger between General Electric Company and Utah International is approved by shareholders in December. According to John Reiff, operations manager of the Salt Lake division, the local office is made up mainly of geologists who explore for uranium in the southern half of the United States (including Utah), Reiff said. We are not yet sure whether the terms of the merger would mean we would move the uranium division, or whether it would simply be reorganized, Reiff said. Under terms of the proposed merger, the uranium assets and operations owned and conducted by Utah International would be transferred to a new company wholly owned by the merged companies. The voting stock of this new company would be deposited in a trust managed by five Continued on Page 4b ss New Classes Open of U assistant registrar, Rollie Wagstaff, said that the college of business has been forced to open new classes for business students while simultaneously raising the minimum GPA standard for admittance to the business college from 2.5 to 2.65. Undergrads must also complete courses before gaining admittance to the regular college of business. Based on fall quarter figures compiled by the University, the college of business enrollment increased by only 2.4 percent U pre-busine- ss from 1974 to 1975. This year's projection is for a 6 percent increase despite measures taken by the university to make it more difficult for students to gain entrance to the The university U's business college. expects to enroll about 2,350 in its business college this fall and anticipates another 1,500 in pre-busines- s. Tough Enrollment Standards Dr. Allen Austin, research professor for the college of business, said the slight increase in enrollment doesnt accurately reflect the increased demand for business courses. Stringent enrollment standards have managed to keep enrollment down" he said, but the real demand isnt reflected by continued on page 6b Carter Praises School Record Meet my friend, Jimmy Governor Calvin Carter, Rampton told a crowd of 12,000 gathered at the Salt Palace Thursday to hear the Democratic presidential candidate address the Utah Education Association. Carter spoke about familiar election year issues: the economy, unemployment, taxes and the budget and also praised Utah for its record school attendance. Utah is number one in the percentage of citizens attending high school and the length of time they continue their education, Continued on Page 4b City Taxes Continue Slide by Mary McMillan Gaber Review Staff Writer After an unexpected upward sport during the first quarter of 1976, Salt Lake Citys share of the retail sales market slid downward low during the to an e second quarter. According to figures compiled by the State Tax Commission, the city received only 48 percent of the countys retail sales revenue during the second quarter. That represents a 1.9 point drop from the previous quarter (which registered an adjusted 49.9 percent), a more all-tim- decisive drop than the city has seen since 1974. The previous quarter had registered a 1.6 point hike, the most decisive leap the city had seen during the same period (See graph for stitute a small percentage of the total retail sales picture. Much of the sales tax is collected from construction equipment, grocery items, and business purchases. For 15 years, the citys details.) share of the county sales (The first quarter figure was adjusted to reflect a refund of $317,000 to Kenne-cot- t and other companies for purchases of pollution control equipment.) No one yet knows the significance of the recent volatile retail sales figures. According to Don Bosch of the Tax Commission, sales by downtown merchants con volume has been steadily In 1960, before decreasing. suburban shopping centers began detracting business from city streets, city merchants generated 71.8 percent of the Salt Lake County sales revenue. By 1965, their share had slipped to 60.96 percent, and in 1970 to 57.23 percent. In continued on page Sb See Economic Roundup Page 2 |