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Show From Weis Securities Firm Seeking - ThomNEW YORK I') son 4. McKinnon Auchindoss Inc, is expected to till the New York Stock Exchange it is willing to take oxer the 1.! (100 customers of Weis Securities. the Wall Street Journal said Tuesdax Weis Seiuriiies. a sizable brokerage firm was suspend ed liy the Rig Hoard and other stoiks and commodities mar kets last week alter charges of (rand by the Securities and Ei hange Commission Take-Ove- r The one complication in the moxe by Thomson, the Journal said, was that the firm may ask the Big Board for an unspecified indemnity gainst possible bad debts and other differences accounts Italians File Fraud Counts on 9 customer in Weis Sources on the Exchange sax there might be reluc tance among other member firms, currently strained by the industrys financial difficulties in general, to approve an indemnity, the Journal said. The indemnity would have to bo funded by assessments from members (P) assets for weeks or months has Ml Thomson, which branch offices, was expected to propose an ofler of employment for Weis s 400 salesmen, acquisition of the physical facilities of 11 of Weiss 24 branches in addition to the transfer of the 41,000 Stales The nine arrested are Italians The three sought are Americans. They are Glenn W. Turner, founder of the Koscot system. Ted B Sellers and Weis customers accounts, according to the Journal t hbricCzre Philip the exception of the indemnification, the Thomson action has the blessing of the Big Board which is very anxious to avoid the embarass-men- l of having a member firm plunged into liquidation, the Journal said, quoting exchange sources. With in coin-operat- a Under pyramid-sellinplan, a salesman is asked to sums to get a suppay van-'uply of goods that he is to turn oxer to his oxxn subordinates to be sold bv them The original salesman gets a commission of up to 55 percent PHILADELPHIA (AP) -Tof the bankrupt Penn Central railroad said Friday they are deferring their proposal to cut the Me of freight train crews from June 0 until further notice. Be our guest It's free at a tree demonstration opening our new real estate course, continuing for 17 weeks. Uses nationally known Weaver course. how much net you can expect from 0investment in this Melvin in For instance this booklet teMs ITS NOT TOO LATE to begin a course in REAL ESTATE Send lor your copy. essential service business and the potential tor capital gams 0 why com laundering and dry cleaning has grown through both recessions and prosperity to become a bilhon-dotta- r industry - with no ceiling pubed a 24 page book tbal We ve lust interest you t you ate looking lor an rveMrrient opportunity with a long track record of success it s taken us many yea's to accumulate the experience that made this II publication possible you re a serious investor, we d like lo share our experience with you E. Tl lay lie. Past President Realtors, is ela-- - 0 Write Denny Cline youre interested a steady, profitable return on investment and a rewarding independent career, send lor this informative book today Initial investment requirements range from $10000 to $25000 ri m Salt Lake City, Utah or Phone jC 487-713- ifrrui if i units 3(10 of a little seeking persons gray tax shelter in the West, another lmt or so will have been built well-heele- raised nd with the millions PLACER GOLD an only 1,000 oz. available at $125.00 ounce First Served Basis First Come You con legally own placer gold (Natural gold right from the mine) to hedge against inflation, devaluation or possible depression. 1 SLC: Toll Free: my right is in retreat; situation excellent. I shall attack ! ByDaxulA Andelman W riter - NEW YORK The United Stales Geological Survey has poslponed for at least a year the start of exploratory test into potential drilling deposits in the Atlantic outer continental shell, fol- - Sluggih Slock Tape: Volume FERDINAND FOCH. DURING THE 1ST BATTLE OF THE MARNE JIM HOGAN Orem 2 OF UNIVERSAL TRADE COMPANY AMERICAN MINTING DIVISION f A POSITIVE INVESTMENT APPROACH COULD PAY OFF With the Watergate scandal, an energy crisis, a dollar crisis, fears of a credit crunch, concern about inflation, the price of gold and other problems, it is easy to overlook what could be a genuine investment opportunity in the months ahi J. In our new "Positive Investment Policy," this opportunity is underscored by our Senior Economist and our Director of National Research. The report suggests why our projected total returns for investors could become a reality by early 1974 and why investors should begin taking positions now. MASTER For. . . Lease Takes Dip New York Times Service PLAN Average slipped 5 27 points and closed at 925 57, its lowest reading of the day. However, declining issues outnumbered gainers by only a small margin, 747 to 689, indicating that the market closed virtually on the fence. A report from the Com merce Department that was printed on news wires just prior to the market opening m American Exchange Meanwhile, the American Stock Exchange closed higher while the market ended slightly lower in much slower trading. Large Companies In the Small Companies NASDAQ to 9s. 89. counter market, the Index dropped 0 37 Of the 3.149 issues 546 603 traded, declined, advanced and 2.000 were unchanged. Then, the owner of a piece Inn ran divide the maxihis four weeks mum he's allowed to Use his properly at reduced rates at another one. say m the Caribbean or maybe Hawaii Nestled between Uamelback and Mummv mountains adiu- a flair for words and innkeeping, built it into a dollar property and sold it in wih of Uamelback e - t 011 in . I 12 Board Eyes Trading Suspension Reuters News Agency The Chicago CHICAGO Board of Trade (C'BT) began meeting Tuesdav to discuss a possible suspension of trading futures foin commodities llowing frenzied activity in recent weeks, the board acknowledged The miTling is m response to consultations over the weekend between C'BT oil nuls and the U 8. Department of Agriculture's Commodities Exchange Authority Alex Caldwell. CE.A administrator, said in Washington that were various possibilities being discussed, but that his agency had received telephone calls suggesting suspension as the best solution. The Chicago Commodities Future Market, the world's largest, has been the scene of frenzied speculative activ ity in recent weeks, breaking numerous records, in response to unsettled world monetary problems. - Egypt i New York Times Set vice CAIRO Two major Ameroil ican have companies signed agreements with Egypt committing them to spending a total of $73 million on offshore exploration in the Mediterranean north of Nile Delta. e It 'CClllMI Firms lo Seek now a study to which many agencies will contribsaid Dr. Vincent E. ute, McKelvey, director of the Geological Survey, in a telephone There will be abinterview. solutely no drilling now until vve do the investigation of the total environmental impact a comprehensive study of all development. is Wednesday Morning, Mav 30. 1973 The Marriott Condominium Development Corp. was set up and started selling units last December. More than 75 were sold for more than $4 million m the first tour months, acto Fred Bolmeau. cording v business ice development piesident of the parent Marriott Corp. and president ot the condominium subsidiary In the four weeks a year owners are allowed to occupy their rooms, suites or kivas. they pay a maid service charge of $5 to S10 a dav instead of the Usual rate If "their" property is occupied, the Camelback puts them m something comparable lowing an order fiom Nixon requiring further study of the environmental impact of such exploration The study, to be conducted by the Council un Environmental Quality, is expected to take into consideration the entire range of potential development of the resources of the a offshore Atlantic Coast env ironmental far broader impact statement than ever prev lously env lsioned The President's directive, referred to in his encigy message of April Is, was detailed later to officials of the Department of the Interior and the Geologicial Survey. Previously. it was learned, the survey had planned to begin borings this summer and had considered the need tor an en-ironmental impact statement only on the el feds of such shallow test holes. This 13usinfss 17 While expanding it and operating d as part of its. chain. Marriott was making other complex plans for the ot hotel, suites, pools, tennis courts and cabanas that add up to $60 a day and up in the winter season. Under the agreements, Mobile Oil Corp. will invest $23 million over eight years and Exxon Corp. $50 million over 12 years, according to Ahmed Hdal, the Egyptian petroleum minister. (Copyright) (Copyright) Mine Division Appoints 1 At Kennecott Kennecott Copper Corp. has announced that Milton T. Pana will be director of the firm's Metal Mining Division computing center in Salt Lake City. Mr. Pana, a geology graduate of the University of Colorado. succeeds Gail D. Farnsworth. For reasons of ill LEASING local - health, Mr. Farnsworth regional - national cars becomes a senior staff consul- individual tant. business Mr. Pana joined the statistical unit of Bear Creek Mining Co., a Kennecott subsidiary m 1962 as a systems analyst He was named assistant director of development for the Metal Mining Division computing & trucks & fleet industrial equipment SALT LAKE CITY is one of 7 regional offices assuring you the full benefit' of an All Car Lease . . . structured on the professional application of 14 years' leasing experience Wherever. . .whatever your vehicle orequipment requirements, call. i enter in 1872. 322-585- Go First Cabin 1 ALL CAR LEASING SERVICE CO. 424 SOUTH MAIN Go Classified SALT LAKE CITY (Copyright) what a differer.ee Map Locates Oil Deposits dealing with a LEASING EXPERT makes The Utah Geological and Mineralogical Survey has released a new map on the rock deposits in Utah. The map is supplemented by a report on the nature and distribution of the rocks and an analvsis of extracted oils. Any Make or Model Ford Chevrolet Continental Mercury Mark IV Cadillac Pontiac Oldsmobile Trucks Foreign Mokes fixed-incom- MASTER LEASE, INC. Phone NEED A 487 - 5704 gains-oriente- sentiment on damper MASTER LEASE PLAN WHICH SECURITIES? e Recommended portfolio, and common stock strategies are discussed. The report includes Dean Witter's "Yield Plus" list for investors seeking a combined incomecapital gain total return of 1U, plus an updated "Managed List" with d investors. suggestions for capital If you're waiting, watching, or worrying about the market, take a tew minutes to read Dean Witters opinions and recommendations. It may change your perspective and help you plan your strategy in the months ahead. For a free copy without obligation, call our nearest office or complete and mail the coupon below. The Mock settled back Tuesday in slow trading and consolidated last week's sharp gains. The Dow Jones Industrial market The exchange's pace index was up 0 02 at 22.78. A total of 458 issues rose while 422 fell. Individuals Talk to the man with the See - YORK NEW Salt i'a t erilmnr Stewart, a onetime spoils wider front North Dakota test-cor- . 0 riott Corp plans to finance other similar developments elsewhere m the world. Erc'i-den- Now York Times put a JOHN HAWKES "My center is giving way, cent to Phoenix. Camelback Inn was one of the first resorts established m the Valley of the Sun The late Jack at Of Atlantic Drilling the investment community The department said the governments composite index of leading economic indicators had fallen 0 6 percent in April in its first decline m 30 months. FOR MORE INFORMATION PLEASE CALL YOUR BONDED REPRESENTATIVES units the U.S. Postpones Start Aolunie Sluggish Volume on the New York Stock Exchange totaled a sluggish 11 3 million shares, down substantially from 19.27 million Friday, prior to the long Memorial Day weekend, and the slowest in nearly two months vvw wMh. atweyw? ANNOUNCING THE SALE OF: Evans Commercial Laundry Sales 1450 South West Temple by Salt Lake Board uf Realtors Course dpproYed sight It Sail lilke Board of Free demonstration at Salt Lake College on Wednesday, 7 p.m. Classes continue every Wednesday. and how your local Speed Queen distributor helps investors in every phase ot profit development who should invest in com laundering anddrycleanmg how dramatic changes m the business are creating profit opportunities never dreamed ota decade ago Associated Press Writer -ARIZ. SCOTTSDALE, Uamelback Inn's owners are selling off the swank resort, room by room By the time the are in me hands selling $40,000 and up each, the Mar- ed laundry and dry cleaning! W'H . of oilier salesmen Koscot Italia were arrested recently m Italy a.; were four salesmen of Holiday Magic Italia 1 hey were aEo charged with fraud in connection with pyramid selling, a method that has recently been under police scrutiny in the United States and in Great Britain rustees on making money Eo-e- fror, By Torn Aden Three Defer Crew Cut We Wrote the Book - ANCON A. IT LY Police arrested nine men and issued warrants for the arrest of three others on charges of fraud m connection with a "pyramid-selling' by plan Koscot Italia Sr , a member of the Kosiot group of the L ruled by Thomson The proposal would eliminate lengthy liquidfor Weis ation proceedings that could tie up customers Rich Cent Get Their Camelback BUILDING? 157 West 33rd South, Salt Lake Offices In: Denver, Office Warehouse Las Vegas Plant We provide site, plans OUT OF SCHOOL? & building For Lease or Sole CAPJTOL INDUSTRIES. NEED A JOB? Call Mr Romney- INC. 486 8409 CALGARZ BANFF To: Dean Witter & Co. Please send me your "POSITIVE INVESTMENT POLICY" Midyear 1973 Outlook MINNEAPOLIS or connecting Nonstops, fliohts to all these cities. thru-jet- s MAKE SURE YOU'RE REPRESENTED IU1 ST IDAHO PAUL FAILS Name. Address. .Stale. City. I WANT ADS Telephone. i DeanINCORPORATED Witter & Co. 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