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Show Sen. Church Vows Research an Hearing Cites Geothermal Value enactment of geothermal By Frank Hewlett Tribune Staff nter IDAHO - FALLS Frank Church, Sen Fri- promibeJ to press for large-scal- e federal research for the harnessing of the earth's natural heat Ke made the tow sating central and southern Idaho are blessed with a great potential for the production of electricity and heat energy from geothermal resources at the opening of congressional heanngs here day A mentioned a leg- islation. f witness at an session of the senators subcommittee on water and power research was Idahos Gov. Cecil D. Andrus, who reported more than 400 thermal springs and wells already have been identified in the state, which, he said, indicates the presence of extensive heat energy at shallow depths. Like Producing Areas lead-of- all-da- y am told that our geologic formations are of the type I found at those locations throughout the world where geothermal power is now being produced, said the gov- ernor The governor was followed Orval Hansen, by Rep. who fixed the states likely energy geothermal areas at nearly 15 million acres. He notd this makes Idaho third among all the western states and only slightly smaller than the areas of prospective value m California and Oregon. Mr. Hansen praised the governor and state legislature for being in the forefront in the nent Idaho's Act I'niqoe Earlier, the governor had Our act is umque noted, among the states in that we declared re- geothermal sources to be of its own kind,' being neither a mineral nor a water resource. A later witness from the legislature elaborated by explaining the law identifies geothermal resources as sui generis which means the resource is neither mineral or water but is closely related. Sen. Church said after pounding the gavel, I think the heanngs give a real boost to an expanded research and in development program geothermal steam both here in Idaho and throughout the West. The testimony demonstrates the need, public interest and feasibility for generating a significant amount of electricity from natural steam. State Sen. John Peavey, a who has been Republican 1 possible plus air pollution, from ermal operations. oppo- Churchs race next year, he'd that if geothermal energy is neither mineral nor water, then Idaho and not the federal government snould regulate its use and development in Sen. also a member of the subcommittee, praised the state for taking the lead in geothermal development and strongly endorsed a proposal that a national geothermal testing center be established at the Atomic Energy Commissions National Reactor Testing Station west of Idaho Falls. The hearing ended after six hours of nearly continuous testimony during which 37 witnesses appeared. The only sour note was by Scott, Douglas Northwest representative of the Sierra Club, who warned of environmental potential hazards and conflicts as result of possible pollution of ground and surface waters, Paragon Co. Put in Bankruptcy NEWARK N J. (AP) - The Pa. agon Secunties Co., a bond troubled financially house, has been placed m involuntary bankruptcy. Acting on a petition filed earlier this week by three creditors, a district court judge appointed a receiver for the firm. The Secunties and Exchange Commission had previously filed a suit against ties. The complaint sajs the Paragon claimed to deal only in municipal bonds, which would place it outside SEC jurisdiction. However, according to the complaint. Paragon in point of fact did allegedly deal m other secunties. The SEC also charged the firm with filing false and misleading state- - 02 HANOY AND HARMAN SILVER Quicksilver, NEW YORK (UPI) Handy ond Har Tin, N Y prompt delivery 246 50c lb man 8 98 cent mini Friday Quoted silver at 271 6 cents per powder, Tungsten SO nom lb per dunce up 38 cents from Thursdoy. mum pure, $4 Zinc, prime western U S. 20 2521 00c lb SILVER FUTURES NEW YORK Silver futures (UPI) LONDON Soot cooper wire (UPI) bars dosed the second session on the closed Friday 830 to 860 points lower. contracts. Soles 4,192 17 Meals Exchange Friday pounds higher High Low Close Prey with buyers &53 ond sellers 854 pounds 275 80 268 50 C63 SO 277 10 per metric ton, forward 13 pounds higher Sep 275 Oct 00 275 00 270 90 280 50 fe'2 613 and sellers with buyers pounds per 283 30 25 50 275 80 284 40 Dec ton Sales 9 775 tons 286 00 279 00 278 00 286 60 6oot cothodes 6 pounds higher with Jan 290 00 281 TO 281 80 buyers 805 ond sellers 807 pounds per Mar 292 60 286 70 285 10 ton, forward 29 pounds higher with buy May 795 40 288 70 288 30 296 70 ers 792 and sellers 793 pounds per ton Jly 299 00 291 50 29! 60 300 00 Seo Soles 350 tons 301 80 300 50 296 60 304 90 Spot tm 12 pounds higher with buyers Dec on close and prev. Settlement ton 2040 and setters 2045 pounds prices per forward unchanged with buyers 1996 ond COPPER FUTURES sellers 1999 pounds per ton Soles 490 NEW YORK (UPI) Coooer futures tons Spot lead 7 pound lower with buyers Fndov closed 200 points higher across 174 3 ond sellers 175 ? pounds contracts per ton the board. Soles Low Close Prey. forward pound higher with buyers 180 and se'icrs (80 3 pounds per ton Soles 1 400 tons Spot zme v? pound lower with buyers 354 and sellers 355 pounds per ton forward 2 pounds lower with buyers 358 and sellers 359 pounds per ton. Sales 2.350 tons Settlement prices on prev. ond close Spot silver 1 80 pence higher with buy ers 108 40 and sellers 108 50 pence. : months forword 2 00 pence higher with buyers 11190 ond sellers 112 00 pence, months forward 2 00 pence higher with buyers 116 00 ond scllersD6 40 pence per KANSAS CITY Livestock troy ounce. Sales 405 tons Friday Cattle HD Not enough for price test Hogs 100. Barrows and gilts1 unevenly 9 Z30 It) U S. 50 cents to t 0D higher. showing most upturn. Trade ooened oc CHICAGO (UP!) Wheal, com, oats ond five, clov'd rather slow ond somewhat se 00. lbs. 60 soybeans were substantially higher at the lective US 1J lbs seme very uneven dose Friday on the Chicago Board of US 59 Trade Sows active, mostly 50 cents 50 All contracts on the four commodities lbs S3 higher US t J were up or bid up to the permissible U S 00. Boors lbs. 51.50-5limits of 20 cents for wheat, 10 for corn lbs 45 0046.50. 6 for oats and 40 for soybeans Sheet) 25. Trade ground fo o virtuol halt n the pits os limit bids, for the most port, Livestock Frldov III. lUPIt JOLIET. went unheeded, ond the limited number Cathe 3.300. trade tairlv octive. Steers of sales that were executed were at the ond heifers unevenly steady, high choice permissible upward limit 25, choice 56 wos the and75 prime steers 5 consideration The primory 2o; high and choice 56 report issued choice good government s production 50 57 and betters prime otter Thursday s session ended Est mat choice 56.25-500, goad ond choice 55 ed yields ,e placed below anticipations 25 the from statements and subsequent 1,000; trade octive. Borrows ond government that export restrictions ore Hogs 195 230 lb gilts fully I 00 higher, No not needed at this time provided the 60 50 0 lb. 59 No 1 3 5041 00; Dullish mood that dominated the trodc estimated receipts catt.o Monday's The outside markets were higher. 3.500. hogs 1X00. 00 5293 76 lb Livestock Markets Grain Cas.h CHICAGO (UPll-Co- Grain sh No 2 soft red 4 66N heovv Bariev molting uo 60, 2 00 2 25N. feed 80N up 1 No yellow unchanged fovbeons 10 19Np Chicago high rate Produce Market - Produce Fnday CHICAGO (UPI) Cheese five tb processed loof 76 - 81 77 86 Cheddor single doisies muen-ter 40 lb blocks 81 87, longhorns 81 - 87 lb grade A 77 80 Swiss blocks 89 2 B 89 92 3. grodc BUTTER AND EGGS morket CHICAGO (UPI USDA)-Bu- tter Chicago Fndov Prices paid delivered to 90 score 75. score 92 75, score firm 93 to Chicooo delivered Prices paid Eggs better) Cent, per dozen 80 per cent A81 or 83 lorgc lumbo 85 extra large white 76 3 78, standards mediums white e9 cor prices fo retailers (grade 81A. 84,in lorgc Extra large tons delivered) 80 87 mediums 77 79 CHICAGO (UPD AcmeMkt 1 Address 60 Admiral Co AetnaLf I 76 Aireolnc 80 Alberts .36g Friday's Quotations Thursday's bank debits 8 84,938,34 00 86,847,802 00 518.514 041 00 478,490,493 00 55,074 900 76 41,772 937 71 279,588 257 26 242X121,524 66 Some day lost yeor Week s bank debits Same week lost year Today's clearings Same day lost year Week's clearings Some week lost yeor Intermountain Stock Exchange Fridoy's Quotations PorkPrem Prince (Rico Sage Sioux ' SoSfond Stood Met Jletrons intirMin Triton UnPkCtv UtohCons Ut idoSgr Ut WyoCoos 6! 60 61 60 61 60B 60 00 10 8 5 10 9 ' budgets billion deficit, he continued, is a national disgrace" although Congress and the ad- deserve credit ministration J. Balles, left. Federal Resene Bank chief, praises A. LeRoy Price for 46 years senice. John for holding expenditures below the target. $250-billio- n Dow Jones Averages Close eng Dow Jones clos Bonds NEW YORK (UPD n st 0 19 40 Bonds ing ronge ot overoges. 0 13 52 88 10 1st RR Close eng 0 2nd RR Stocks 0 05 65 96 Open Hi9h Low 900 29 903 52 887 2 89 j8 9 H 10 Util 30 tnds 0 07 89 32 39 159 63 160 S? 157 23 153 351 -- 1 00 Trn 78 12 10 Inds 06 96 08 95 35 96 72 96 21 15 Utils international Press United 38By 20 269 65 -2 267 56 272 40 65 Stks 77! s Trorsoctlons m stocks used in overoges 159 86 95 95 270 9? 897 88 Fndov industrials 86? 700, Transportation 96 05 269 79 4? 158 46 894 Noon 1,434,300 413,200, Utilities 208,400, Total 95 92 269 45 893 36 158 23 llom 1pm IS Utils 2 3 893 892 89? 9 pm pm Close chg chg 120 72 Not 96 02 Pet -- 139 11 0 01 269 52 269 5? 269 38 2 20 96 0? 96 96 08 40 06 4 0 06 158 31 Iso 54 158 35 36 S3 38 87 NEW YORK (AP) Soles, closing orices and net change of the octive stocks traded on the New York Stock Exchange Friday 0 & NEW YORK (UPD Jan Mar May Jly 8 Bid. Foreign Exchange 2 pm foreign NEW YORK (UPD exchange rotes in dollars Friday Thursday 9976 9969 Canada Free Dollar 2 4821 2 4 761 England Spot Pound 2 4724 30 Day Futures Pound 2 4669 2 4S57 90 Day Futures Pound 2 4484 1 4200 4200 Australia Dollar 1 3725 3725 New Zeeland Dollar 1 4950 4950 South Africa Rond 0277 02745 Belgium Franc 1771 1794 Denmark Krone 2378 Fronce Fronc Com 2j96 2343 Fronce Fronc Fm 2j7 3822 3787 Holland Guilder 0017 0017 itoly Lira Com 0016 0016 Italy Liro Fin 855 1832 Norway Krone 0455 0450 Portugal Escudo 0180 0180 Spain Peseta 2434 2424 Sweden Krona 3458 340! SwitzerlondFronc 4182 4164 West Germany Mark LATIN AMERICA 1070 1660 0040 0428 0425 0801 0081 0235 001? 2340 3 33 3 33 0725 025 FAR EAST 1330 Indio Rupee oo Indonesia Rupiah H 20S K. Dollar Hong Kono 0037 Japan Yen 1025 Pakistan Rupee .1485 Philippines Peso 1335 0024 2025 0037 1025 1485 Markets Wool NEW YORK (UPD fu Grease lures Closed 30 to 80 points higher cn the New York Cotton Exchange Friday Certificated spot wool 260 3 Nominal OreoM Wool. B Bid JapFd 1 24 31 33 52 66 20 SO 80 35 76 40 33 6 9 7 DonoCp 1 36 Oort In 30g 1 14 Dovco DovPLt 1 66 1 Deere 40a Del Mnt 1 10 80 Denmsn 1 45 DetEdls Dtam Shm 1 Dtebold 40g DisnevW 12 DistilSea 70 10 39 42 11 5 7 8 8 K) 9 8 DomeMn DowChem Dresser 9 6 8 22 53 21 21 40 IS 8 21 51 EascoC 6 B 1? 6 28b Eastern Air 4 36 24 24 - ?4 2- 9- Est Ko I 08a 36 EiPosoNG I 6 EltroCo V? 7 26 Envirotech ESBInc 1 40 9 75 7 Esmork Ethylpf 2 40 ExCeilO 90 11 Exxon 3b 11 V 4- - e Mutual Funds 3 87 4 23 Incom FoL New York 19 owlnc H o list of KEYSTONE 1- 3s Cust B1 18 55 19 40 J'd onJ asked 2- 2on Mutual Cust 62 19 12 20 95 14 192 244 Funds as Quoted by Cust B4 30 Cust K1 693 7 59 He NASO Inc. 16 '4 Cut) K2 6 03 6 60 9 Cust SI 22 76 24 94 Friday 56 -S1 ? Cust S? II 43 12 52 August 10, 1973 62'-1H Cust S3 7 84 I 59 Ask benfiHl 38 13'? 13 ft 13 BritPet 27b 20 Cust S4 4 28 4 69 Stock 1 7 10 23V? 23 ? BrGrouo 23 4 60 5 04 Apollo Am Grth I 424 26 25 Brunswk 24 12 26 3 66 4 00 Polors Am tnsln 137 34 34 k 34 Bucy E 1 20 14 LOOMIS Am Invst 3? 12 Y 1? 1- ?- Vft Am Mut Budd Co 40 4 SAYlES: 70 9 BulovoW 15' i 15 84 IS AmNt Gr Cap Dv 13 09 13 09 28 28 Burl In 1 40 11 4? 28 LORO ABB ANCHOR 7? 30 4 30' i 30 Burl No 1'? 9 Aft. tat 6 4? 6 94 GROUP: 44 227 225 225 MAGNA FUNDS 1H Coptoi Burrghs .80 42 4 69 3 98 4 35 Monhtn Grwth C MASS CO: Astron 7 63 8 36 Freem F Audox 22 28 . 2B, Cam, S 1 18 12 I 03 6 80 AXE Inop F Mass F 112112 36 HOUGHTON Fund A 4 58 4 98 MASS FNCL: IT 1114 1217 Fund Motes tv 2 13 2 13 Stock Fridays quotations NAT SEC FOS Bondstk Quotations from the NASD ore rep6 70 9 51 Bolanc Fdn resentative interdeoier prices as of Bost Bond Sr 4 71 5 15 1 interdeoier Brown approximately pm 3 51 3 84 Divtdn BULLOCK markets change throughout th day. Pref Stk 5 96 6 51 FUNDS. Prices do not include markup, mork 4 64 5 07 Incom Bull Fd down or commission Stock Sr 6 50 7 10 Cdn Fd Grwth 6 67 7 23 Div Shr SECURITIES OPPENHM FD Cent Shs Op Aim 10 11 II 05 CHANN1NG Bid Asked 7 28 7 96 Op Fnd T'4 FUNDS Op Tme 7 04 7 69 Bolncd 3 Magnjlnv Prud SIP 10 34 11.30 Grwth 4 MedDvCp PUTNAM Incom NtIWstL 4 FUND Sped C N WGos 10 54 11 52 9 10 CHASE 8 72 9 53 2 BOSTON: Equity 3' NptPhm 15 06 16 46 Fnd Bos 8 44 9 22 Geo PocEnPr 11 09 12 12 Grwth COMMONWLTH 6 PenzOfB 7 87 8 60 Inc TRUST: 2 ProcSvs 1 09 9 78 10 69 A & B Inv 118 10 39 11 36 Vista DREYFUS GRP Rsrchlnd Dryf Fd 10 58 It 59 STEIN ROE FOS SentSec 20 54 20 54 3 Eaty Fd 3 77 4 03 Bolonc 10 32 10 3? Dryf Lv 14 64 16 04 Caottt 8 14 80 14 80 Stack 7 25 7 95 Sp tnem 3 UNION SERVICE A EATON 3 SuretyFin GROUP: HOWARD: 10 10 Boin fd 9 46 10 34 BrdS lv 13 44 14 69 TeleCom FUNDS 5 65 6 39 UNITED 2 3v Incme 7 19 7 88 Soecil F 7 24 7 91 Accum I I ToiedaMn 84 10 78 9 Coot 12 13 64 gw Sick 66 Fd 16 UtBonk 17? CoM Inc 9 65 10 58 FIDFUTY 24 VoiNotBk 23 13 45 14 74 Incom GROUP: 28 WkrBkTf 6 88 7 54 Selene Coptol ZCMI 37 6 86 7 52 Oest Vongd USAA CO 10 98 10 98 ZionBkcrp 23 25 Fund VALUE LINE FOS Purrin 4 24 4 65 Val Inc Salem F 3 19 3 50 Val Sdc Trend VANCE FINANCIAL SANDERS: PROGRAMS WASHINGTON Wihdrawols (UP!) 7 04 and deposits m Treosury accounts tor Fin Dvn 4 16 4 16 Invest the current fiscal year through Aug 1 Fin Ind 4 34 4 34 VS Com 7 74 7 28 5 Fin Inc 48 48 Sped 5 compared to o year oao 5 41 Vikng Gr GROUP SEC. THIS YEAR 7 62 WaHSt F 16 63 6 34 5 SJO 005 ?94 gr U Apex Withdrawals 10 78 )1 78 4 23 4 6? Wash Mu 26 095 7?0 816 58 Gfh FAm Dtoosris Ind 20 59 20 59 WELLINGTON 5 162 768 815 9? Grth Cush bolonce 22 5? 22 52 GROUP. 456.107 709 637 64 Guard Public aebt 2? 33 24 40 HAMILTON GRP Expior LAST YEAR 7 34 Grwth 6 9? 7 $6 Tchnly W thdrowa 25 963 6 3D 53 11 92 13 03 Trust 2' 0 3'3 109 19 INVEST GROUP Deposits 11 50 12 57 9 22 9 91 WeMy Select 8 bv 96 243 Cash bo'once 10 78 11 78 Vor Pov I 88 9 6 WeMtn 4 234 8 4 Uftl 75 Puomc dcot 7 25 7 1 Wmflsr colli clions cn Aug 7 Inlernoi 3 44 3 77 West 4 4 4 Ind 06 1941 151 GrwRt 659 were j - - Jli Over the Counter 20 14 6 0 9 S 9 28 U.S. Treasury in GAC Corp GAF Co 44 Gom Sk 1 30 25 Gannett Gen Dynom Go E lee 40 GnFood I 40 Gn Host Cp Gen Instr 2k Gen Mills GnMot 2 90b GenMof pf 5 G PubU 60 Gen Refroct Gn Steel Ind 72 6 West Grevhd Gulf Oil 04 1 uif&Ws ws IS 21 I 8 21 11 50 I HartSMx 88 HedaMn 2k Heinz H 08 Hercules 80 Hershy 110 Keubiem 9? 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Desenbing auto spending and housing starts the only m two soft the spots economy," Mr. Balles predicted that Utah and Idaho can expect whopping increases in gross farm income this year due to the farm boom and related export activity 9 1 AmCvon 1 ADistTel 43 FROZEN PORK BELLIES 1 90 34 AmElec 80 40 80 40 80 40 B 78 90B Feb Am Export Vd 78 85 78 85 78 85 B 77 350 Mor A FinSv 1 10 11 17 77 77 17 75 77 67B 178 May 0 AmHom 64 74 70 . . 74 70S 73 208 Jly 74 60 0 AmHosp .28 . 71 608 70 10B Aug AMetCx 1 Bid Amer Motor AmNGs 2 40 CHICAGO (UPD Grom Futures Range A Smelt 1 20 Close Prev. Am Stnd 50 Open High Low AmT&T 2 80 WHEAT Ail contracts closed uo the limit Bid AmT&Tpf 4 4 54 4 S4 4 54 Am T4T wt 434 4S4 Sco 4 39V? 4 19' 3 Ametek 4 39 2 4 39 4 39 70 Dec 4 114 AMFIn 108 431- - 4 314 431 4 31 Mar 4 13' 2 4 132 4 13' ? 4 13' ? 3 93' 3 Ampex Co May 3 63? 3 63'? 3 63'? 3 63'? 3 43 Amstor 1 70 Jly OATS All contracts closed up limit bid Anocon 37b 1 46' 2 46 '2 1 40 2 Apco Oil 4k 46' 2 46 ? Sep 1 53 4 1 534 I 53 4 53 4 1 47 Dec ApecoCo .16 1 51 1 57 1 57 1 57 1.57 ArmcoS 1 20 Mar 1 49 . 1 55 Arms Ck 84 May 1 53 ft 1 47 Ashl Oil 1 30 Jly Assoc Trans CORN At Richfld 2 All contracts closed up 'imit Bid 3 27 4 3 17 3 27 3 27 3 27 Atlas Corp Seo 3 05 2 3 05' 2 2 96 3 05? 3 05 Avco Coro Dec 2 93 3 02 3 02 3 02 3 02 Mar Avnetlnc .30 2 69 3 00 3 00 3 00 3 00 May 2 85 2 95 4 2 95 2 95 4 2 95 Jly SOYBEANS All contracts closed up limit Bid Bob&Wil .80 raw Dinaf Turkey Lira Go First Cabin growth .. 2 57 f - 10b 9 44 8 AllidCh 1 32 12 AlhedSt 1 40 7 Allis Ch 16b 9 1 94 14 Alcoa AmaiSu 1 60 8 A Hss pf 3 Am Airlines ABrand 2 38 8 AmBrcsf 64 10 Am Con 2 20 9 AMegCp Allg Pw 35 we continued, Ten Leading Stocks PE Sales High Low Close Chg 68 250 needed. soles In hundreds (00) emitted except for those designated (z) which ore traded In 10 share lots ond corned In full DIVIDENDS ore annual unless otherwise identified (a) plus extro, (b) paid lost year, (c) payment on accumulated dividends; (d) declared or paid so far this year, no regular rote, (e) cash plus stack; (g) onnuat rate olus stock dividend, (h) paid this year latest dividend omitted, (I) percent In stock, (k) percent in stock paid last yeor; (a) In bankruptcy receivership or reogonization, (s) copital distribution, (x) exdividend; (wi) when issued ( t) A 69 35 69 35 69 35 Nov LIVE HOGS: employs persons and normally kills 300 to 400 cattle a day. Lieberman said he was trying to get back to full production Fnday but he had not bought any cattle. He was not sure he could get all he he Then, must move to a more moderate stance to support long-m- All 16ths. LAKE CITY Egos prices to retailers, delivered to stores, in cortons, cases exchanged Grade AA extra large Grade AA Grade AA medium V 82, large Grode AA smoll Prices to producers Grode A large Grode AA medium Grode AA small 40-lCheese rindess block 81?; sandwich loaf 84; mild longhorn 89 93 score 624, 92 score 81 Butter Aug Sco Ocf Dec Bank Clearings He expects retailers to absorb the wholesale Increase until the freeze ends Sept. 12 Ronae of prices mts year: 20 30 FRACTIONS (fl Indicates following Trans Inds 10 5170 228 10 figure is traction in 32nds, (1) indicates High . 154 36 869 13 following figure Is froction in 64ths, (r) Low following figure Is froction In 2S6ths, (s) following figure is fraction in 128ths; (t) indicates following figure Is fraction In - SALT Lieberman said butchers and supermarkets cannot increase retail prices to absorb his increase in wholesale prices, but he estimated that when they are able to, retail prices will jump 25 percent Futures warrants Livestock A recession isnt inevitable, says John J Balles ..ut it can be avoided only current inflationary spiral is checked by proper policy measures The ninth president of the Federal Resene Bank of San Francisco was guest speaker Fnday at a luncheon hononng A LeRoy Pnce, retinng vice president and manager of its Salt Lake City branch Addressing a gathenng of bankers and civic leaders at the Alta Club, Mr Balles more flexibility called for the pressure, . . . applying both through fiscal and monetary means, until the overheated economy shows signs of easing The New York Stock Exchange: Final Quotations Dairy Market gram Wheat unchanged. Corn oft 3 No 2 yellow 3 22- -. 2 extra No Oats unchanged. Board of Trade flask Makes Request Liebcrman said the company made a routine request, telling the council it would not be able to continue beef slaughter operations unless it could increase the prices it charged retailers for beef, and was granted an exception Tuesday. 1 cant understand why the others havent done it, he said. research. ond is not exactly dollar for dollar its geothermal energy ments. - NEW YORK (UPI) Foreign prices 99 5 per ten plqs, domestic oold prices Friday. London 00 c lb 99 3 per cent pure, Morning fixing 107 50 down 2 50 Metal Jesse Lieber-man- , general manager for buying price, Kane Packing 27 Page 11. 197.1 Banker Urges Inflation Curbs It permits us to charge a price that will refle't our Dr. Wayne S. Brown, dean of the College of Engineering, University of Utah, appeared on a panel discusion of the potential of the Snake River plain area. He reported university geologists and geophysicists are exploring potential geothermal sites and have an excellent working relationship with the atomic testing station. He urged that the station be permitted to expand Paragon charging it with failure to register with the SEC as a brokerdealer in .secun- NEW YORK (UPt) Markets at o gioncc at the dose on Fndov Slocks Lower in slow trading. Bonds Higher U S Government Bonds Higher in moderate trod'ng Afternoon fixing 106 75 down 3 25 American Stocks Lower in slow trading bulk 66 00 c lb. 111 3 49 32 PARIS down London Stocks Mixed (free market) delivery U S FRANKFURT 10 96 UP 1 SO 25 C 10 . Loe 59 58 3 c tb. Cotton Futures Higher. 60 ZURICH 105 00 bid 107 00 asked down 4 00 Chicooo Grom Futures Wheat closed Leod, common US 16 SO c lb NEW YORK up 20 cents, com up 10, oots up 6, and Mongarse 99 9 per cent pure, boxed 9 Harmon, noon 107 05 down 3 05 soybeans up 40 regulor, 33 25 c lb ic cothodes, fob Port Engelhard 107 05 bid 107.25 asked down Cottle Trodc Unevenly steady, top Nickel, ciechw 325 158 25. Colborne. Ont . 153 00 c lb 99 S soft fine, Plat rum producer European prices for 99 JO per cent fine 99 95. S. U 0G ness, SD2 prices 00, SijO YORK (UPI) AiumTum, primary, pure 50 lb ingots 25 Antimomv, domestic, Lorcdo. Texas fob CoDoer electrolytic, NEW CHRIST1, TEX The Cost of Laving Council in Washington has pven the Sam Kane Packing to increase Co. permission wholesale beef prices m what may be the first exception to the price ceiling a II1.IIM Saturday Momin?. Alienist n Slow Overheated Economy CORPUS Kane, said. -I Mttl kel Mute Second (UPI) state. Markets in Brief Metal Markets geoth- Helicopter Tour Before the hearing began, there was a helicopter tour, sponsored by the governor, of potential geothermal sites The choppers stopped for inspection of a site near Bndge in the Raft River Valley There the Raft River Electric Cooperative, Inc , and Aerojet Nuclear have a Corp research project with two hot water wells showing great promise. The visitors were presented tomatoes grown in a hothouse heated by water coming from these wells Idaho Falls Mayor S. Eddie Pedersen appealed to the committee to send a favorable report recommending we jointly proceed with necessary research and development effort to harness this tremendous untapped resource within Idaho known as geothermal energy Keith Higgmson, director of the Idaho Department of Water Administration, gave a number of reasons why Idaho may well become a major geothermal energy producing Sen. James McClure, sounded Okay to Hike Prices V4 t PE Sales High Low Close Chg 31: 25 74 318 112 78 26 8 8 ? 38 37 3- 11 10 10 6? 27 40 40 300 30 63 27 40 40 112 64 81 28 6 40 15 40 314 305 4 ? ? 30 6 33 10 - 25 ? 31 10 7- -- D 4 301 -2 30 10 3 8 ? 13 4 5 b 8 8 ! 41-5 5 ? 3- |