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Show Up and Down the Street Coal May Be King Again, Parley Hears Bj Robert H Woods Tribune Bubine--Editor s - PRICE Dr Elburt Osborn, d rec r of the I' S Bureau of SI r be enu-t.'- i the day v.hen low BTU gas could be produced from f l the wide-- j thick seams of Utah coal spread, I t Because of their thickness. the Utah seams are tough to mine and efficiently. Houecer. by controlled burning of the seanu underground, the low BTU (British Thermal Unit) gas could be produced, he said thoroughly No miner need be sent un dergrour.d, he pointed out, and the method requires no u uter, of which Utah has little, compared to its cast resources of coal Dr Osborn was one of seceral speakets at a one-daseminar at the College of Eastern Utah called b Sen. Frank E. Moss, Sen Moss is the Senate Commerce Committees representative on the Senate Jomt Committee on Energy. Pnce its elf is in the heart of Utahs area It is enjcymg renewed activity with the development of coal properties by Utah Power and Light Co., the Peabody Coal Co . ari heightened activity at sites owned by U S Steel and Kaiser Steel Co y coal-minin- g Turn to Research The led seminar off with talks on the impact of the 19C9 Coal Mines Safety Act. and beneapplication of black-lunfits In the afternoon, the talks turned to coal research and coal economics There was general agreement that coal once despised for its unsightly noxious will be, or should emissions be. the saving fuel for the short-terenergy crunch. In the past two decades it has yielded its dominance in the energy scene to the beautiful oil and natural gas fuels now in short supply far as the noxiousness of coal is concerned, Dr. Osborn pointed out that the utrate process offers a promising method of recovering sulfur from stack gases emitted b As - The sulfur is recovered in elemental form as an inert solid which can be easily stored or transported The cost of the process applied to a full scale power olant is reckoned at about $4 a ton of coal. Dr Osborn said Stock Mart Closes With Years Low New Yoik Tunes Service - NEW ORK Selling pies sure intensified in the stock market Tuesday and prices again tumbled to lows lor the year s The Industrial Average dropped 9 56 points and closed at S57 84 its lowest doling level since Dec 14 1971. The standard &. Poor s Index Composite also finished at a low for 197.5. otf 0 72 at 100 89 Dow-Jone- k Still Below Par ntume on the New York Stock Exchange climbed to 11 48 milbon shares, up sharply from Monday's sluggish 8 97 r million but still A of the increase came in the final hour of hading when traders realized no tally would come maior portion Meanwhile, pnees fell on the mcncan Stock Exchange and the Market Closes at Low The exchanges Pnce Index closed off 0 (is at 22 80, its low for the session Declines outpaced adv anccs by 517 to 200 In the Counter Market the Index Of the SDQ Industrial 59 dropped 0 74 to .5,012 issues traded M4 fell 203 rose and 955 were unchanged 1 sub-pa- (Copynght) NEW YORK Markets (UPI) ot the close on Tuesday Foreign ahd glance Stocks Lower m slow troamg domestic gold prices Tuesday 6ords Higher LONDON NEW YORK Wool Markets KANSAS CITY Livestock PQ Cottle Thuesdov cows Slaughter steady to strong, other classes steady Hgh good to high choice slaughter steers, 00, high cutter util lbs, 50 itv f 1 some commercial cows 35 , high dressing to 38 00, tb Slaughter bulls 42 6 00 Feeder steers ond steer calves at auction, choice 324 lb. bull calves 62 50, 427 lbs. sorted off of 73 00. Small lots good ond choice lbs. steer end bull eolves 65 00, lb steers 55 0047 00. lbs 0D Feeder heifers 54 High good ond lbs 63 0M7 SO Choice lbs 56 00 6 485 49 IbS 765 50. JOLIET 111 (UPI) Livestock Tuesdov Cattie 300 trade fairly octive Steers unevenly steady to 50 cents higher, heif ers 25 to 30 cents higher Choice ond S4 00. 50. choice 53 chotre prime S3 50, utility cows 35 heifers Conner ond cutter 30 CO 36 75 Hogs 800, trade octive Borrows ond gilts 150 to 2 00 higher. No 12 200 240 3 1b 57 00. No lb 56 50 57 00, No 2 4 lb 2SO 280 56 00 Wednesday s estimated 800 hogs SALT teed ot ond LAKE j Cash Grain . CHICAGO (UPI) Cosh groin No 2 soft red Wheat unchanged. $31 iN Corn unchanged, No 2 veliow ?94V?N Oats unchanged. No 2 extro heavy whie 1 24 N Bariev unchanged; molting 2 50-80N feed Soybeans oft 50, No 1 yellow rote. high Chicago 00-- 25N 7 631 2N, except (001 soles in hundreds for those dS3nned ( are traded 89 Butter 9) score 91' j, 9? score 10 in Ask Bid Bristol BullMon CnvLnds CMCons Ckivton CoioCns CombMet Comet Cmsfck CnsS uf 06 06 1 08 2 jC2 25 772 X 05 J4 J7 JO 14 Arcolnc Alia Pw Allid Ch AHiedSt aids Cn AiCOO 44 8 18 t) 33 24 28 A 70 08 Crescent 90 105 Croft Crown Orooon CostUfuh 14 33 23 .17 40 JS NEAR 67 8 24 65 Comet 1 OGOct 3Sc Cresent, I 000 of 1?c Go First Cabin SALES Great West 2 57 0150 IB0725 2 57 0150 3 33 .0725 a 69 9 35 25 4 8 10 8 9 23 9 9 36 530 2020 00 J 7 1025 -- Averages - Tuesdays Quotations Monday's bonk debits Same dov lost year Today clearings Same dov lost year $117,140 404 00 89 259 844 00 54 771 380 23 34 441 59 95 Covenng purchases at the soon low levels opening pushed the dollar up early m the dav Dealers attributed ltv further gains later to a new round of prime interest rate nses in the U S Special to The Tribune - S FR ANCISCO Direc tors of Wells Fargo &. Co Tuesday declared an increase in quarterly dividend to 24 cents from 21'-- y cents a share. AN Stocks J.) Ifd 20 Trn Dow Jones elos (UPD ovf roges Close Chg Open High Low 8U 99 169 06 955 51 8.? 84 -- 0 5e 154 33 95 06 262 28 5 Uti 65 Sk x 1973 low 15 29 95 263 85 x152 86 M 95 03 4? 83 259 29 xt60 37 151 94 at 6 091) closed Sterling marks to the pound, moving up in line with the dollar from an opening rate of 6 020. Press Intemotionof 10 ' Standard & Poors Closing 500 Stock index A Poor's hourly Brd 35 CPCIntl 1 77 CroneC 80g 20 Crwn 21 Curtiss Wrt Cyprus Ms 1 most Mnt 10 80 Oennisn DctEdrs 1 45 Diarn Shm 4 Del - 1 9 DuPn pf OuaneL -7 -- 2j 26 a 8 19 19 4 14 -11 4a 6 ?4-- 10 17 -1? 20 23 -j- 16 161 j8 5 172 17 101 77 39 210 11 i 57 5 n 3 23 I? 12 63 15 27 67 116 127 223 41 16 l4 . 23 3 1? n j r P - ' 32 8 63 b 27 27 57 13 4 6 220 Mutual Funds Altalmj AmalSgB i AmExp 2 6 ? FstSecPf FstWMFn 94 FlvQo GolxO Grcent Weotthtn ideolNti , $ I 13' 31 30 a j0 Purclatr ' 15 ?7 . -28 -2- 22 2 87 18 57 271 7 51 80 26 ?0 8 72 9 ? 203 64 48 P 41 78 21? 40 J a 4 ll'fc 12j 4 3) 98 17' ?1 SO 67-- $ 60 1? ij 5 lf 40 u . - 17 4 3a ?t 8 6?lu 4 1? 4 4 - 41 '4 IPs 172 3034 30 V6 4 96 121 R 4 8 20 9 7 48 7 8 20 1 20 Air! 88 Kopper Kraftco Kresoe Kroger 77 1 20 30 13 7 11 33 16 Indexes tor Tuesday 42 28 14 6 13 ? 6 i 7H 13 4 6 SgnoiCo 60 StngerC 2 40 SkoggCo 40 SonvCo 0b SColEd 1 56 SouthCo 1 34 SoPocif 2 16 72 SO Roil Southld 24g SowstPS 8 SoerrvKut Sp Rond 66 Sprague El 13 6 a 6 Lucky St LukenSH 54 10 80 8 11 Ygstr Mac y R H Mar Oil 1 1 8 10 2 8 9 10 - 4 i 10 a a 7 13 35 43 25 a 2? 39 8 8 8 355 259 ' 172 202 666 4 93 37 94 ?P3 ?0 48 17 4 I6-- 4 4v 44 , , a 20 48 -- S 1? 11 4 16 41 10 16 271 46 H 7 15 8 13 12 8 10 429 33 4 a 10 j 16 4 - 10. 16 45 14'a 14 1 72 EoscoC 28b Eostern Air Esf KO 1 28a ElPasoNG 1 Eltro Cp 1 i Envirotech ESBlnc 140 75 Esmork tthyipf Pr 1 33 7 e 33 S - 9 9 7 24 1 2 40 60 Cp Merck 18 G M Inc MtnnPL Poc 46 A 5 2 80 MO MobiiOl 9 37 18 7 5 9 Mohsco 1 20 7 6 Vonoaram 80 10 MontPr MorrsK 40P 6 Motorola so ?q M Fuel 9? 21 MtStTel I 6 9 MurpCo ?0 8 MtOm 1 10b . Nabisco 2 30 11 NotCash 40 Nt CtvL 90 5 NgtOisI I 90 9 Natl Gen '0 4 Nt! Gyp 05 7 8 NorSieel ? Notomay ?S 52 35 Nev Pw 8 68 9 NEngFI Nwmnt 1 04 14 NiqqMo 1 14 9 NL Induct 1 8 Norfolk Ws N Am Phil S I 61 3 1j7 1M 13 35 44 1? 4 35 a 42 29 r V 28 28 e UnCorb 2 10 Union Corp 28 Un E ec UnOCot 60 Un Poc 2 16 - 55 53 3)4 59 7 a a 16 9 35 4 5i-- 4 ISa 3z 8 54 99 7 7 NoCntGs 60 9 Nwst ind 65 4 Ocod Petri dPt of 4 OccPipf 3 60 OccPtrt 2 16 OgdenCo 60 Ono Ed 1 60 OkiaGE 1 32 OHaNG J OlmCorp 88 Or Rckl 20 Occ Otis El Co OutbdM OwenCF PocGas Poc Ug PacPetrl PocPwr Pc TLT 1 1 18 .. 6 10 1? 9 8 It 2 10 20 8 83 15 78 8 68 9 0 ?0 60 10 :o PC T&T pf 6 Pon Am Air 90 Panhdl Penn Centr 12 Penney 68 PennPL Penmoil 80 PeorGs 2 14 O Pep 1C0 Pet Inc 35 64 Pfirer Pheio O 2 "0 PhiiaFi t 64 Phu oM jQ PhilPet 1 30 10 7 25 8 9 7 25 8 27 10 0 23 24 American Stock Exchange PE Soles 1 5 Plostk 1 Control 10 29 ArkLoG 130 7 8 8 Ent Beverly 9 Broscon 1q 5 Circle K 26 12 24 2 ''lory Coro 61 Coiemon 44 12 CreoieP 2 0 11 x?3 12 CutterA 2h 2 1id 30 DoyMn 49 Oeseret Ph 26 15 Oixlyn Coro 65 b Svstm 80 7 10 Fa.hionF 5k 8 11 Fed Reso;r Feimont Od 9 56 F nrl SB O ? 49 Frontier A A&E Aild High Low Close Chg 3 9 20 j 2 4 4 17 1? 2 a 13 a 18 8 a 8 a 3 9 19 4 2 a 17 j 11 6 2 174 17 8 8 ' 27 5'v 5 9 a 9 27 64 2 V 10 10 5 a 3 9 7 tU2 - 19 18 8 4- j 2 GrevhC ?0d GuhM 1 3.0 ouUstrm Ld 4 HuskyOl 15 a ITEL Coro a Kirbvlnd 44 S Lee Ent 30 LTV Cp wts a Mean FW 1 Newpork R 04 P01NW a Pneum Dvn , RSC Ind Inc Sc iron 06b a Svntex C 40 "echncotor if- 'j 64 I 94 5 19 4 2 a 17 27'-- 6b 10 . ? . S 9 2 ta - 10 5 'j s Te'oro'' wt UmvCont 2k Utah Sgr 40 U V Ind wts S 9 10 16 6 6 6 8 10 10 12 ?2 29 7 . 26 7 e 16 33 -1 55 98 s 4 11 16 60 90 80 4 4 44 a 44 a v ?0 2Pa 16 ? 16 4 16 28 4 28 a 28 34 4 33 4 33 4 15 4 16 16 4 :t - -1 4 7 VuJ Fd 55b Mod Sauare Mognav 60 Marcor MgrMid MorshF MortMr 30 5? 9 9 14 10 McGrEd McGr HI 48 9 VcLeon 60 1? 3 I S I Fot York ExCellO 90 3 97 4 34 Exxon owmo is a list o' Grwth 3b 3 93 4 30 Incom bid ond osked on on cos Mutual KEYSTONE 19 49 18 61 63 Funds a. Quoted by Cast Cust B1 19 18 21 (T Fgbnrge the NASD Inc 40 Cust B4 8 13 191 Cu! Kt 6 86 7 5? Cmt K2 5 77 6 J3 Fa rmtF SO Cust SI 21 93 24 00 Faroh Tuesday 1101 12 0 Fed Pooer7fg Cust 2 August 21 1973 Cust S3 7 '9 6 3? Ferro Co 9u Cust S4 4 05 4 43 F reston 86 4 44 4 8 Bid Ask ApOliO 16 FloPwL 7 17 7 64 Stock 3 BJ 3 5 Po'ars FMCCp 85 5 78 6 3' LOOMIS Am Grth FoodFr 20 4 73 5 17 SAYLES Am Inslo FordM 3 20o 4 57 4 7 Am Invst Coo Dv 12 51 12 51 For Mck 84 7 65 8 58 LORD Am Mut ABB FreptMn 80 2 40 2 40 AmNt Gr 6 5 6 76 Fruehut 1 70 ANCHOR MAGNA FUNDS GROUP J 86 4 22 Monhtn 4 55 4 99 MASS CO Captol 7 75 8 7 7 44 8 IS GAC Grwth Freem Coro 3 63 3 91 7 71 8 45 GAF Astron ndf F Co 944 Audox F 7 81 8 53 Mass F 110512 Cam Sk 1 30 AXE MASS FNCL 25 oonnett HOUGHTON 10 77 11 77 Gen MIT Dynom Fund A 4 52 4 91 Motes lv 2 05 2 05 Fund B 6 81 7 40 NAT SEC FDS 5 61 6 13 S'ock 9 44 9 V Go Host Co Balonc 4 64 5 07 Bond Sr 43 5 17 Gen instr 2k Bongstk 3 41 3 73 Gen Bost Fdn 9 30 10 16 O'vidn Mills l 3 25 3 5a Pref S'k 5 84 6 3? GnMot Brown 2 0b BULLOCK 4 57 4 99 Incom GenMot pf S FUNDS stock Sr 6 31 6 90 G PubU 1 60 13 42 60 Bull Ed P 6 37 6 96 Gen Grwth Retract Cdn Fd 21 56 2o 61 OPPENHM FO On Steel Ind 3 50 3 84 Div Sbr 9 90 JO 82 OP Aim 72 GTE Cent Shs 13 05 14 26 Op Fnd 6 95 7 60 Go Poc 80g CHANNING 6 75 7 38 Gerber CP Tme 1 j5 10 10 FUNDS 03 96 Getty Prud SIP 1 21b 10 16 1110 8olncd PUTNAM Gillette l so 5 04 5 51 FUNDS Grwth 1 Goodrich 10 39 11 36 6 65 7 19 Conver Intum Groce W 1 j 1 73 8 58 9 38 18 Soed Faulty 80 Grand U 14 77 16 14 CHASE Geo 7 GrontW 10 80 11 80 Gt BOSTON Grwth West Un 7 75 8 4 Fnd Bos 8 07 8 62 Inc I 04 Grevhd 9 52 10 0 Inv commonwlth GUfO'l TRUST Vista F 10 11 11 05 Gjlf&Ws ws A A B 15 STEIN ROE FDS 106 DREYFUS GRP 20 18 20 18 Balonc 10 10 10 10 Dry! Fd 10 16 It 13 Copitl 14 33 14 33 Eatv Fd 3 69 3 95 Stock Dryf Lv 14 ?3 15 59 UNION SERVICE 7 22 7 91 GROUP Sp Inrm HortSMx 88 EATON A Brd S tv 13 0 14 23 HOWARO UNITED FUNDS 4fe 7 Boin Fd 9 23 10 09 Accum 6 83 5 84 6 38 Incme Cant gw 9 2 10 3? Soecil F 6 84 7 48 Cont fnc 9 44 10 35 Sick Fd 1230 13 44 12 89 14 13 Incom FIDELITY 6 60 7 V Hilton Htl 1 Scenc GRO P. 6 61 7 24 Hoft Vangd Eiectn Comal 116 12 20 USAA CO 10 61 10 61 Oest 6 04 VALUE LINE FOS 4 89 If 27 Fund Sal Inc 4 13 4 S3 Hoover 1 28 8 82 9 64 Pvinin 3 08 3 u8 Vat Soc Hnriron Co Salem F 3 89 4 25 VANCE HouseFn 86 23 04 25 18 SAttOERS Trend 6 88 7 5? Invest financial 7 53 8 23 PROGRAMS VS Com Howmet 70 F n Dvn 4 04 4 04 6 98 7 6j SCecl Fin nQ 4 19 4 19 Vikng Gr ?4 5 ?4 5 Fm Inc 36 5 36 Wa8t O' 7 41 8 10 GROUP SEC 45 U 42 Idaho P 1 86 Wcrh Mi 5 43 5 94 WELLINGION F Auex ideo Bas 80 Gth FAm 4 18 4 57 GROUP MiCenin 1 30 21 70 23 72 Grth Ind 19 47 19 47 Krtor tti 2 0 21 93 3193 Gurrd 04 m per ml Cp Thfv 11 8 1? 55 HAMILTON GRP Trust iNACp 2 10a 7 27 11 6 61 Crwth fl I? 5? inexeo WeMv 01 10 5ni66 INVEST GROUP WeilTQ V 7 09 7 7s 4 9 vft W ndV Select Stl Inland 2 3 25 3 56 Var Pcjv 8 5 9 Wcvt ted lrso Coop New -- 0 16 9 56 57 u ' - 31 "0 30 31 11 11 10 IS 7 May OS 1 60 8 MaverOs 65 13 McCrov 1 20 4 McDontd Cp 54 ' 24 a 25 5 82 73 a 37 70 KorerAI 50 14 kaiserCt 50 6 7 KC SO Ind 2 KonNeb 12 10 KonPLI 1 48 9 havserR 60 5 Kerr Me 60 26 Lyke DonaCp I 6 Oort In 0g Davco t U 4 20 23 30 17 9' 31 8 I ' 0 13 3 a 51 ; lj 60 Jontien ?4D JopFg JettPiiol 52 Jewel C 66 0 JohnMv jnhn& in SO Jones L 135 6 Jostrns JoyMtg 1 40 LeorSieg 4 20 22 81 667 LehPtC 60 LeitrFurn S 7 11 10 12 15 8 a -2 -1 Co 4 8 24 6 9 IS i:a 33 a 38 29? ,297 32 a 32 3! j V 9 9 a S? 68 46 Ten Leading Stocks !? 3 40 38 40$ 300 4 9 33 a? 8 PlIHbf V 1 Pitney B Polaroid PPGInd 1 Proc&G 1 PuS Col 1 PSE&G 1 Pu'lmonln PurexCp OU -- 2 bales, closing onces ond net change ot the (AP) locks traded on the New York Stock Exctonge Tuesdov 27 8 52 nt TAT t? 10 3? 40 itek Corprtn 62 Standard 28 I M nmg toll Nickel I YORK , 4 20 48 1 4 48 Inti By United U 47 8 55 s 17 7 13 tnterco IBM Co intHorv inVinCh NEW YORK o 'ongo of b J 6 FBTrk Bank Gearings The U S currency opened at marks well below Monday's fixing rate of 2 4480 and closed at 2 4520. In after-hour- s trading between banka, the dollar strengthened further to reach 2 461a marks. 2 4075 Well. Fargo Pays (Copynght) es 8 41 43 34 7 7 8 Contnk U90 Dyn flex U90 Reuters News Agency FRANKFURT, WEST GER MANY The United States dollar was higher on the West German foreign exchange market Tuesday in what dealers described as nervoifc trad ing conditions with a heavy turnover. F 24 IS 8 9 48 0037 1025 at 23c ... Go Classified - Turnover Construction began last fall by lolin Associates Salt Lake Citv The building was designed by Caipenter and Stringhum with interior design by Richins Organization, both of Salt Lake City. The open house will continue through next week, Mr. Perry added kLM - 4 j3 41 11 4 7 7 8 EquOii 2 YORK 27 21'8-- 12 80 H25 ArdnMoy 002. BeeME iU BonnSy 2C25 ITS otr4 Dollar Rises In Big :- Ihice and This raised pm ted Tuesday the steel output index to 114 0 percent of the 1967 average weekly production from llJfi a week earlier. V Dow-Jon- 11 U.S. Treasury EAST FAR EAST md.o Rupee mdonevo rupiah Mono Kono H K. Ool'or Jooon Yn Pakistan .uoee Philippines Peso 27 for couples over 6.5 with an annual income of $5 000 or less also applies to mobile homes two-stor- y money-estimatin- g NEW 70RK (UPII Over the Counter 15 that property exemptions Kim Cl 7 11 14 Pn j0 Burrghs Eovpt Pound Iron Rial Iraq Omar Turkey Lira A Chrysler in spokesman said ttic selection; Detroit came as no surprise." said ssii struituie 4 e 9 32 40 16b 94 60 1 AmalSu A Hss of 3 : Am Airlines ABrond2-AmBrcst 64 Am Con 7 'O 4 AmCvon ADistTei 43 Arr.fclec 90 A FinSy 1 10 AmHom 64 AmMosD 18 12 10 71 11 9 9 63 10b AMegCo 7 ) BrGroup Brunswk 24 11 20 13 Pucv E B',dd Co 40 4 BuddCo pt 5 BulovaW 70 9 Burl in 1 40 10 8 Burt No I Foreign Exchange Owners Home Mobile The strinture. itsdt. embodies an different about attitude entirely banking, be said Lively colors, modern design and new landscape" office furnish. ngs nislimg. a whole new Action atmosphere" throughout the Among activities at the noon to-p m festivities will be tours, refieshments souvenir gilts, a con test and drawings for prizes among them a color television set and Hill "sen checking accounts " No evun-anfeatured will be currency displays and a mechanized bill exhibit, said Robert A Perry Jr , bank manager octive - oa Calling it ' the most coiorful bank in town" First Security state Bank will 1 nullum East show off its new Broad way office, ."81 E Bnudvvjv (ton South) during an open house Friday new Produce Market 11 Utah - the of president The decision was made b.. InterExecutive national Board, which began discussing the possibilities curly Tuesday. Contracts m effect since 1170cover more than 700.000 auto; workers the union's Bank Plans Open House omitted Acme 7.3k t 1 10 60 7 Address Adm roi Cp 5 AetnoLf 1 76 10 9 Br ipQs 20a IS 32 'O Br is Ay BntPet 27b 20 - X cars lots A Benauet Inc Bethbt 1 40o Boemg C 40 Bo se Cased 20 Borden Borg W 135 Bost Ed 2 44 Bourns Inc BrorutAir 3i 62'7 07 .01 9 1 I"eetioi ork Times Sen ice Steel for the week ended Aug 18 rose by 0 4 percent to 2 781,000 net tons, the American Iron and Steel Institute re- - - - 03 1 N'cond The g PE Sales High Low Close Chg Intermountain Stock Exchange Tuesdays expires If no pattern-settinagreement can be reached by 1 59 pm Sept 14. Chrysler will be dosed while Ford and General Motors continue builuing new 1 New NEW YORK (UPD 2 prh foreign Egg market exchange rales in dollars WASHINGTON tUPI) WlthdrowolS Tuesday Prices paid delivered to Chi Tuesday Mondov ond deposits In Treosurv occounts tor cogo unsettled Cents per dozen (80 per Canada Free Dollor 16 9954 ?oao the current fiscal year throuflh Aoo A cent or better) (umbo 79, extro lorge to a year ago 2 4840 compared 2 4685 Englond Soot Pound white 73 76, lorge white 72 74, mediums 30 2 4SC THIS YEAR Futures Pound 2 4J75 'ay standards 67. 0 Day Futures Pound 2 4385 . . . 2 43n Withdrawals UJ 777,745 160 43 Prices to retailers (grade A, In cartons Austrgho 1 1 4200 32 507 372, '3 55 Oolior Deposits 430 delivered) Extro lorge forge 74 76, New Zeolond Dollar 1 3725 1 3725 Cash . balance 3 870 9. 136 54 mediums 6646 1 49S0 Public 457 South Africa Rand debt 4950 62,2704 06 LAST YEAR 0268 027J Belgium Fronc 17SO Denmark Krone P55 Withdrawals 07 172 33 26 07 15 ,S3 065,105 14 Fronce Fronc Com . . . 2327 2363 Deooslts S 14 066 906 54 2 J5j Cash balance France Fane Fm 2327 r. idnr HoMond 435 00S.779 J23 02 3718 3775 Public debt CHICAGO it ay Lira Com Produce Tuesday Revenue Internal collections X17 (UPI) X17 pn Ago. 16 Cheese five lb processed loaf 76': 81' 4 itlov Lira Fm 0ui6 00i6 were 1606,491. 166 21 muenster 773 86V4 Cheddar single daisies Norway Krone 1820 IQtO 61' 0435 0435 longhorns 8Pa 89V: 40 lb blocks Poriugot FscudO 8C3.8!'i Swiss blocks 80 IX ib. grode A Spam Peseta oifiO ld80 24 10 Sweden Krona 2305 grode B 67 89Vj Swilzer'ond Fronc 3?90 3405 West Germany Mark 4070 4)60 Tuesday s Quotations LATIN AMERICA Quotations from the NASD ore repinterdeoier resentative prices cs of i o m Interdeoier approximately Quotations markets change throughout the dav Prices do not include markup, mark down or commission SECURITIES CHICAGO Wednesday Morning, August 22, 1973 NEW ) when ord corr ert ore onuaJ unle'A harc 80 11 37 27 5 6 62 14 70q 7 BekoPet 2k 7 Bend'X 1 60 8 - 91 Statute Affects Mobile Homes U.S. Steel Production Increase m fu'l DIVIDENDS otherwise identified (a) plus extra (b) coid lost year (c) povment on accum uioted d v aerds, (d) declared or paid O tar this year, no regular roc, (el coh ptus stock Ig) annual ra e piu stock dividend (b) paid this year latest div deed omitted (1) percent n stock, (k) percent m stock paid lat year, (q) in bankrupcv receivership or reoganirot on (s) capital distribution (x) exdividend t) (wi) when issued wewront. FRACTIONS (t) Indicates following tigure is froction m 32nds (1) indicate r foilowmq figure Is fraction in 64ths, following ftqure is traction m 256ths. f si following fiqure is fraction in !?8ths (t) mdicotes following figure is froction in )6ths Bab&W'l BokerOil Bangor Bath Ind Beot Fds BeechA SALT LAKE CITY Eggs un chongid price to retoiiers delivered to stores, in coses ex cartons, Crode AA extra lorge changed 64 89, Grode AA ioroe 8186 Grode AA medium 79 84, Grode AA smoi Prices to producers AA Grode Grode AA medium 65 69, large Grode AA small 46 lb Cheese rindless block 81'), sandwich loaf 84, mild longhorn tin. mi c M Dairy Market 2.000 The selection of a strike target came 25 davs before the current contract covenng 128,500 workers at Chrysler department, told cheering In hrysler lnc.il officers, case the wind hasn t filtered down, we're it this year ( The New York Stock Exchange: Final Quotations Co Ampex 70 Amstar Anacon 37b Apco Oil 4k AoucoCp 16 ArmcoS I 70 Arms Ck 84 Ashl OiM 30 Assoc Trans At Richftd 2 Atlos Corp Avco Coro Avnetlnc 30 CHICAGO (UPI) ond Wheat wos com oats ond sovbeons substantially lower ot close Tuesday on the Chicago 6oard of Trade Wheat wos otf 20 to up 20 cents, com off 9 to 10, oats oh 6 the permissible limit in oil contracts, and soybeans off 26 to 40 Wheat odvonced once more on on ex tension of world demand ond export buy mg in oil but the distont July contract, which froded down the limit Com ond soybeans gave ground to oroflf taking brought on by 0 3 .k of commercial interest based on near Ideal growing conditions Oats were featureless Outside morkefs were mixed Chrysler has not been the strike target since I'M and has not been shut by a national strike m 2? years LAW ice President Douglas Fraser. who heads the Chrxsler d ural gas The mevitibihtv is that the cost lines will eventual! i cross, as the Middle East puts a pi ice squeeze on its exports and the United States will turn to the essential production of costly oil and gas from its coal resources, speakers pointed out Anetek A7F In 56 50 receipts Idaho Utah Eastern Nevada range sains Not enooah slouahter steers sold Slow to establish o morket test, but represen totive soles St S3 lower No confirmed soles cn sir jghter heifers Few feeders is doss not well tested firm, but Slaughter lambs fully 13 lower than lost 450 week. Slaughter steers confirmed High good and mostly choice 1475 1 175 Ho 1J00 lb few 55 choice, 00. good, lbs steins 49 50, feeder cottte confirmed 100 veers, 78 00 choice ond prime 4t0 heifer mafes 72 00 October delivery 105 lb 450 choice Sheep confirmed 41 spring slaughter lombs4 5 00 Slaughter lots percent shrink catie fob feed k delivery Feeder immediate to 3 Sheep 4 percent percent shrink shrink, immediate delivery NORTH WHEAT Sep and Dec closed up limit closed down limit - M.n kil Miih There are promising developments m the production of both oil and gas from coal, but these will cost upwards of five times as much as the current pnce per barrel of oil or per thousand cubic feet of nat- MetCx j Amer AAoor AmNGs 2 40 A Sme't 20 Bid, Jfv Am btnd 50 AmT&T 2 80 10 AmT&T pf 4 Am T &T wt 00 Hogs JOO Barrows ord gilts opening mostly 2 75 higher. 1 to 3 J"V2S5 lbs 57 25. Sows unevenly 2 50 to 3 25 higher, 50 US 1 to 3 370600 lbs 52 Shceo 2j0 Spring iambs 5 00 to 7 00 lower fhon early Monday, ewes steady to weak Choice with some prime 65 105 lb 00, 0 few prime Spring iambs 32 36 00. cull utility and good ewes 12.00-1- cattle. NEW YORK (UPI) Greose Wool fu lures closed 90 to 100 points lower on the tton fcxchonge Tuesooy New York Certificated pot wool 254 0 Nominal mills for 4 et utilities in New York,' Pennsylvania and New Jersey between now and 1978 will be installing some 21.000 megawatts of new generating capa-tiy- , using oil and gas fired bculers Dr Osborn pointed out Only 5 COO megawatts of new generating capantv will use coal This compounds the nation's dangerous dc pendency upon foreign oil particularly Middle East oil The nation is now importing 20 percent of its oil needs. Dr Osborn said The Inted States could cut its oil imports liv 28 percent by umg coal resources, he said Ai - 1 from Utah to points of need in the Middle West At this stage of the game, it was pointed out. gas and oil are simply too precious to be burned under the boiler of a power plant To Use Oil, ( as at 0 Board of Trade about of tribune business a each kiUcwatt hour of electricity produced The cost per ton would be about $2 under that to ship the low sulfur coal (UPi) U S Government Bonds Higher ir Morning fixing 103 00 down 6 50 Aternoon fixino 105 70 down 3 80 quite troamg American Stocks Lower in slow trao PARIS (free market) 110 84 down 145 106 06 down 3 84 FRANKFURT ng London Stocks Lower 104 50 ZURICH nwr bid 106 00 asked Cotton Futures Lower 3 00 NEW YORK Cbicogo Gram Futures Wheat cosed Hondv & Horman, noon 106 00 down oft 20 to up 20 cents corn cf v . to 10 f 26 to 40 oats of 6 ord sovoeans 3.80 Cott e Trade Steoav to 50 cents higher Engelhord 106 X bd 106 20 asked down tiSO too 354 50 00, 1172 00 380 oz European prices for 99 50 per cent tine Quicksilver, S3 0 0031? 00 76 lb flosk ness. U S prices 99 95 Tm, NY. prompt delivery 241 75c lb Tungsten powier, 98 8 per cent mini CHICAGO Livestock Futures (DRI) HANDY AND HARMAN SILVER mum pure, U 4 SO nom tb Ooen High Low Close Prev NEW YORK (UPi) Handy ond Mar OOc lb Zmc prime vestern U S. 20 ICED BROILERS mon Tuesday quoted silver at 266 3 cents Nov closed down the limit Ask 7 4 cents per ounce, of from Monday LONDON (UPI) Spot copper wire bars closed he Second session on the Metals Exchange Tuesday 6 pounds lower SILVER FUTURES wuth buyers 651 end sellers 652 sterling Sliver futurei ICW YORK (UPI) pounds per metric ton, forward J pounds closed Tuesdov 1000 to 1050 points lower tower with buyers 607 ond sellers 606 Sales 3,080 contracts. oounds per ton Sales 6 S50 tons High Low Close Prev Soot cot odos 7 pounds higher with Sep 268 X 262 60 262 60 272 61 buyers 797 ond sellers 796 pounds per Oct 26S X 275 (X ton, forwe'd 2 pounds higher with buycrs Dec 275 X 269 80 2o9 80 279 I 780 and sellers 781 pounds per ton Sales Jon 1 JOO tons. Mor Soot tm 20 pounds lower with buyers May 1990 ortri sellers 1994 pounds per ton Jty 287 30 282 30 282 30 791. forward 16 pounds lower with buyers 1975 Sep 290 50 285 50 285 50 295 ond .ehers 197 pounds per ton Sales Dec 29a 70 291 TO 290 50 3X : 415 tons on close and prey Settlement prices Soot lead V7? pound lower with buyers 176? and sellers 177 oounds per ton COPPER 1 FUTURES forwad pound lower with buyers 182 NEW YORK (UPI) Cooper futures ond sellers l82Vi pounds per ton. Sates Tuesday closed 265 to 280 points lower 3,000 tons Sort rmc I1 7 pound higher with buyers Saies L483 contracts High Low Close Prey 385 ond sellers 386 pounds per ton, forward pound higher witn buyers 368 '2 oau se'iers 289V pounds per ton. Sales 4,150 tons Soot silver 1 70 pence lower with buyers 106.70 ond sellers 106 90 pence, 3 months forward 1 60 pence lower with buyers 110 70 ond sellers 110 90 pence, f months Settlement prices un prev ond close forward 1 60 pence lower with buyers 115 20 ond sellers 115 60 pence per trov ounce. Sales 166 lots CHICAGO (UPD-Gr- oin Futures Ronpe Close Prev. Open High Low Livestock Markets cost WIS (UP1) The Lnited Auto Workers picked Chrysler Corp Tuesday as the member of the automotive that must Big Three come to terms on a mw contract or face a strike MILW AIKF.F, That would translate into Markets in Brief Metal Markets NEW YORK (UP!) Metol prices Aluminum, primary. 99 5 per cen plqs. Dure, SO U. ingots 25 00 c it). Anffmomy, domestic 99 per cent pure, fob Laredo, Texas bulk 66 X c lb Copper, etectroiyl c, delivery U. S to 0 25 C lb , Love 59 58 i c lb Leod, common, US 16 50 c tb r cent pura, boxed Manganese, 99 9 33 25 c tb regular, Nick-- 1, etectrotyt c cathodes, fob Port Coibome, Ont , 153 X c to Platinum, so1, 99 5 tine, producer content high sulfur burning coal The method was oev eloped at the Salt Lake Metallurgy and Research Center on the University of Utah campus It is now be jig tested at a steam generating plant at Terra Haute. Ind It is also being tested by the Bunker Hill Co at its lead smelter in Kellogg, Idaho Elemental Form LAW Strike Target: Chrysler alf i'a I; r - ' |