Energy expert decries inaction in coal to oil plan
David Lilienthal, former TVA and AEC chief, denounces inertia and timidity in U.S. moves on coal conversion. He cites a 1951 private proposal to build a large plant with $400 million private funding and government price support, urging action and practical, businesslike reporting to spur investment.
MENTIONED IN THIS ARTICLE
John Cunniff
NEW York
David Lilienthal
Belleville
Lilienthal
Tennessee Valley Authority
First Atomic Energy Commission
David E. Lilienthal
Eberstadt & Co
Development and Resources Corp
Khuzestan
Iran
Ilinois
TVA
Commodity Closings From Madda Trading Company
London gold 139.00 up 1.75. IMM Dec gold 138.60 up 2.00. silver 4.10 up 0.16. platinum 144.40 up 0.90. copper 0.526 up 0.003. wheat 3.45 up 0.344. corn 2.714 down 0.02. soybeans 4.95 down 0.10. live cattle 47.37 down 0.78. live hogs 55.02 up 0.07. pork bellies 78.00 down 2.00. eggs 0.5955 up 0.0045. Maine potatoes 9.30 down 0.35. plywood 134.70 down 0.20. cotton 0.544 down 0.0055. sugar 0.1263 down 0.0013. Market not closed on above items.
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Lyke Yngle
Va Panep
Obey Wa
Vo StaufCh
Va StuWor
MAPCO
Pennzot
SunOll Ir
Mara
PepsiCo
Vo Pfizer
Fsma
Ve Mar
PhilMorr
Nm— PhiliPet
McDonalds
Psvcot
TimeMir
Mohasco
Monsan
Questor
Va Ralstonp
MorNor
Va Rancom
TRW
Motorola
Ala— Va RapAm
TwenCen
Raytheon
MtStTel
RCA
Unocal
RepSil
Byva
Ya Roy Ccol
Wachova
Norton
SeabCt
Warnerl
NorSim
Searleg
Sears
WestoEl
Singer
Weyerhr
Smithkline
Omark
SonyCp
Whittpol
OdlsElv
Scareg
Sv QutMar
SoCal
Whittaker N
OwenCn
SouthCo
WilmsCo
Owenlll
Sonres
Ae Sperryr
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PacPw
Ya Squibb
ZaleCorp
PanAm Air
StdOilCal
Vo ZealthRad
Associated Press
London
Maine
Options Prices Fall While Trading Volume Rises in Scottsdale
Scottsdale brokerages report stock option premiums have declined since May while trading volume climbs. Merrill Lynch’s Warren Brown cautions investors to limit risk, noting increased leverage despite lower prices. E F Hutton’s Gordon Schubert cites more sellers and a July peak. Harris Upham’s Leon Bentley notes a technical, chart driven approach.
MENTIONED IN THIS ARTICLE
Scottsdale
Warren Brown
Merrill. Lynch
Brown
Gordon Schubert
E.F. Hutton
Schubert
Leon Bentley
Harris Upham & Co. Inc
New York
Bentley
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Armco
ArmstCk
Asarco
Ashloll
Asddrg
Beker
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Bendix
BenfiCp
Blockhr
Boeing
Ivaw BoiseCas
Va Borden
Brunswk
BucyErie
BucyErie Wi
BuddCo
Bulova
Burling
BurlNo
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Chris Craft
Chrysler
Am— Va Citicorp
CPC
Houshf
Va CrouHin
Houshp
Crown Cork
CurtisWe
Deere
Uy— Va Dennys
DillonCo
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Disney
Dresser
Lek Corp
telCorp
Ene duPont
Jewelc
JonLogn
Eaton
Jostens
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ElPaso
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Exxon
KerrMcGe
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LTV Corp
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Gerber
Va GettyOll
Lh Gillette
Va Global Mar
Gouldin
Tee GrGiant
Grumm
GulfOl
V. HewittPk
MR. Investor
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Kennelly Mortgage & Investment, Inc
Madda Trading Company, Inc
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Thomas Rd
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Topco
Miller & McDowell
Metro Phoenix Area
Asamera
Brewerc
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Dia
Frontier Air
Ve Gearhart
Rere Gen Restes
Goldfield Cp
WiVa
Huskyo
Wuu
ImpOil A
Instrum Sys
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Jetronic Ind
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Kalsrind
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PanOcean O
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T Associated
Value Line Investment Survey
Value Line
44Th St
N.Y
Scottsdale (Az
Daily Progress
Hughes-Calihan Corporation
Arizona
Phoenix
16Th ST