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Show rror t t' r -- 44- - yv Stock Mart Firm SEC Seeks Views Optimism Rule on Securities (AP) - Experts View Dollar Value - NEW YORK (UPI) The First National City Bank attributed the early August jump in the value of the dollar on international monetary exchanges to solid improvement in the U.S. trade balance. - A1 NEW YORK (AT1) g though some further we be necessary, may can see cause for easing of concern over inflation and interest rates that should stimulate investor enthusiasm and move stocks higher over the Standard period ahead, base-buddin- & Poors t,s Corp. If youve sold your home on estate contract, you ian convert that contract equity into csh. tor lull details visit or phone any mortgage loan counselor at Prudential Federal Savings, 155 Last 33rd South, Salt a real appear to be easing. It said the market has completed a successful test of the Lake City. Utah. Phone 3284661. lows, and pre- - early-summ- these developing considerations, it declares. Thus conditions that would contnbute to a more favorable stock investment climate continue to develop. S.L. Firm Buys Controlling Fas type Share Salt Lake Stamp Co. 380 W. 2nd South, has purchased con- trolling interest of Fastype, 135 Social Hall Ave. (39 South), a firm ofienng photo headline composition, comput- SCHREYERS er typesetting and camera ser- vices. TH i ion. "The recent return to market prominence of cyclical and e stocks reflects money-sensitiv- In its current stock market Outlook," the investment advisory services advises investors to accumulate issues. Though it may take a while for the market to shake off the Influence of residual inflation fears and concern over credit and interest rates, the firm says, prices of grains, livestock and other commodities appear to be backing off and interest rates F03 CONTRACTS! dieted that the gradual firming of stocks, possibly after further consolidation, could do much to tone up investor confidence and this encourage broadening market participat- Alfred Biorge will continue as vice president and general manager of Fastype, said William W. Cannon, president of the stamp company. ANNUAL TYPEWRITER PLASTER BOARD finishes iall fait Second Section Oil Shale Talk Turns to Action WASHINGTON The Securities and Exchange Commission asked Congress Tuesday for authority to regulate secunties transfers, including those handled by banks. Special to The Tribune DENVER Theres been talk about oil shale developments for half a century. R. Commissioner John Evans told a House subcommittee on commerce that a single public regulatory body must be in a position to oversee the entire process. The subcommittee is considering legislation designed to speed the handling of securities transactions for investors and must decide w hether bank transfers fall under the SF.C or the traditional bank regulatory agencies. decision Now, LUBRICATE P for smooth action 4x7 ft 4x8 ft ADJUSTMENTS CLEAN RUBBER PARTS sj AIR CLEAN entire machine planning. Gave Resignation For whatever reason, he among other strong personaliwas ties m government f f repre- are having a good time, but your office group doesnt seem to be enjoying the party much. My friends k with date dial ng Grand Jury Gets Records On Shell Oils Marketing LOS ANGELES (AP) -Records of Shell Oil Co. sales and marketing practices have been turned over to a federal NEED A Just wear it and enjoy it! It gets along oil by itself, gives you accurate time of day and changes the date by itself every midnight! BUILDING? $65.00. Office Warehouse Admlwj't " Thick Plant We provide site, plans JEWELRY & building ' For Lease or Sale 2.80 1 INSTALL NEW RIBBON 6 CAPITOL INDUSTRIES. 1st So. MEZZANINE S.L.C., Ut. 841 11 5 E. cwstsp INC. Call Mr. Romney grand jury, company officials say. The information covers Shell pnee records and sales information dating back to Jan. 1, 1969. Additional data on the same subject still is being compiled and will be submitted to the jury by Sept. 15, a Shell spokesman said. The grand jury directed Shell and five other major oil firms Iasi July 10 to turn over the sales and price information. Other firms namod in the subpoena were Standard of Gulf, California, Texaco, and Union. Atlantic-Richfiel- d THURSDAY, FRIDAY & Wondering About Hearing Loss? SATURDAY Sept. 13, 14, IS Any manual typewriter, no matter how (Add old! $3 for portable electrics) 5 ACRE flStraifejL- Chicago, 111. A free oiler of special interest to those who hear but do not always understand has been announced by Beltone. An illustrated booklet with 21 helpful answers to portant questions about hearing loss will be gben absolutely free to anyone requesting it. book is full of d The information that will help you find out what can and cannot be done for a hearing problem. Its yours to keep without cost or obligation. Thousands of these books have already been mailed. To - r NOW AVAILABLE IN 241 South 5th East Cottonwood Mall Valley Fair Mall 328-972- 6 299-630- 3 wh 381 isay You know when you need to move into your new building. And its one of the first things you should establish with your builder. One word of caution, however. All Butler builders dont have the fast-to-er- ' get yours, absolutely free, write now to Depl. 9540, Beltone Electronics, 4201 W. Victoria, Chicago, 111. 60646. 278-445- 3 TGn Why? Reduce Leverage The nation is now aware of how vulnerable it has become by import of Arab oil. The mere presence of a 45,000 barrel-a-daoil shale plant would considerably lessen any political or price leverage the Arabs might use against the United States. y The product would be a very high grade oil of a low (.05 percent) sulpher content suitable for especially blending with higher sulpher content oils. There is an adequate water allotment available, at least for this first project, he said. The price of the shale oil? rapid amortization? Under what terms will the government make public lands available to oil shale develop- Castle Valley. ment? Will the government provide guaranteed price support for in Utah's magnificent Canyonlands Country, just 21 miles irom Moab and 2 miles from the Colorado River is one of the most scenic and unique valleys in America. Here ranch site setting your own amongst green alfalfa and rye meadows, or a vacationretirement spot amongst the junipers and pinion pines, Castle Valley may just well-b- e that special place you've been looking for, at a price you can afford. Be it 5-ac- re shale oil? As a matter of public policy, Mr. Dole noted, it boils down to the same thing as: How badly do you want to get to the moon? Many Precedents There are precedents for a polisupportive public-federcy to encourage oil shale development, he said. These not only include space, but historc ically, development, timbering and irrigation hydro-electri- projects. All parcels have spectacular panoramic " I Jmmlt Ti. ect. Will the industry be allowed For the first time Castle Valley River Ranchos is offering 5 acre ranch size parcels in picturesque D systems to work with like we do. So all builders aren't going to be able to help like we can. If youre going to say when, make sure youre talking to people who can do something about it Give us a call. T The spent shale would be taken to a nearby 700 acre valley for deposit and would be covered by protective vegetation. Im bullish, grinned Mr. Dole as he discussed the proj- That is: What kind of depletion allowance will be afforded the industry? CASTLE VALLEY, MOAB fact-fille- SCHREYERS me. prel- Up to Government The speed of oil shale development, he said, is no longer a matter of competitive economics, but of government decisions that impinge on economics. RANCHES im- Free parking would ude construction of a $250 miloil lion, 45,000- - barrel-a-da- y shale plant and refinery. TOSCO II Process More costly than todays conventionally produced oil, but cheaper than tomorrow conventionally produced oil, Mr. Dole said. 060EN SALT LAKE eral permits that The plant would be located on a mesa high above Parachute Creek to avoid pollution by inversion. sentative ng Colony is now wrapr'ng up a major environmental statement preparatory to applying state and fedfor the - named a ma- for IBM Corp. Mr. King is f a natve lit51 Ogden and is King a 0f Weber State College, where he majored in English and physical education. Mr. King was a member of the football and track teams at Weber. had operated a large pilot oil shale plant on Parachute Creek, 40 miles northest of Grand Junction. Basically the plant would TOSCO II use the process developed at the pilot plant at Parachute Creek. The shale wou.d b.- mined, then taken to the surface where the hydrocarbon content, or Kerogens, would be removed as vapors by tumbling heated ceramic balls through the crushed shale in a rotary kiln. Alliance of rketing self-changi- Phone 60-4- 0 Businessmen, self-windi- 363-593- d has been .2.60 4x8 ft re- - - SHOP .1.69 .1.79 4x10ft As such, he was highly spected by the minerals industry for his knowledge and advocacy of sound minerals among those who tendered in the resignations administrative reorganization following the 1972 presidential election. Mr. Dole is now general manager of the Denver-baseColony Development Operaconsortium of Ation, a tlanta Richfield Co. and the Oil Shale Corp. (TOSCO). Until 18 months ago, Colony Anthony King, formerly public relations adviser in Salt s Lake City for ? --5 the National he said, Bank regulators should not be preempted from responsibility in such areas as safekeeping of funds and securities, security and financial responsibility. Peter Del Col. president of Brandford Computer and New York, urged the subcommittee to approve a system permitting more extensive transfer of securities Vl" Thick MAKE MINOR Interior of the Marketing Aide in S.L . However, .1.59 .2.50 .2.90 the Department for four years. IBM Names The commission recommends that depositories and clearing agencies, which are inextricably a part of the secunties handling process and which traditionally have been subject to regulatory oversight by the commission, continue to be under the commissions of jurisdiction regardless whether they are organized as banks, Evans said. .1.49 4x10ft 4x1 2 ft a The Tribune weeks away was told by Hollis M. Dole. Mr. Dole was assistant secretary of mineral resources for 3e" Thick 4x7 ft 4x8 ft on day major private oil shale project is a matter of months even THE FUN PLACE TO ,Pae 28 12, 1973 Decision Only Weeks Away Svs-tem- a room pita Wednesday Morning, September - f i 1 . L: j f. .. V- - 'V Over all, Mr. Dole believes that oil shale development is an absolute essential in the nations self sufficiency. Philo- views of: Castle Rock The Priest & The Nuns The Most nations are sophically: not destroyed by a war, most are destroyed by economic decline. They dont go out with a bang, they go out with a whine and a whimper. Colorado bom, Mr. Dole was raised in Oregon where he was state geologist for 15 years before joining the Department of Interior. He was a graduate student at the University of Utahs College of Mines and Minerals Industries from 1951 through 1952. Green LaSal Mountains Soaring Red & White Sandstone Cliff Formations 5 Acres full cosh price budget terms. . fwt!'.' ?'ti ' '' ..-- from FA. M $4,99 ... or take advantage of our low I us build you a Buflsr Building Industrial Institutional 27 North 7th West and we'll show you around or Contact RIVER RANCHOS UTAH SYSTEMS BUILDERS, INC. Phone Drive out and see us in Castie Valley CASTLE VALLEY jhjtleT? Commercial Pick out you r parcel now . . . while choice sites still available. 322-130- 7 By mailing the or CALL Salt Lake City, Utah 4 attached coupon are Gentlemen: Please provide me with more information on Castle Valley River Ranchos. Name: ... Address; City: . Phone: (PMifiGFF COLLECT (801)259-771- 2 j a |