The Montana Standard from Butte, Montana • 26

26 The Montana Standard, Butte, Sunday, May 6, 1984 Business file Daniels is state officer Steven Daniels of Butte was elected secretary-treasurer of the Montana Association of Life Underwriters during a recent convention in Billings-Theodore Sokoloski of Great Falls was elected president and president-elect is Ty Kailey of Miles City. Montana firm starts placer mine STANLEY, Idaho (AP) A Montana company has begun whdt is expected to be five years of work on Its placer mining claim near miles down the Salmon River from Stanley. International Exploration and Development Hamilton, has removed topsoil from about one-fourth of the 12-acre claim, said Al Ashton, superintendent of the Sawtooth National Recreation Area. Soil is being stockpiled for reclamation of the area disturbed by mining activity, Ashton said. He said the company is mining two- to three-acre segments annually over a five-year period.

Mining will start on the east end and will move west, with operators expected to reclaim each segment before moving to the next area, Ashton said. Gravel under the topsoil will be processed through a standard wash plant consisting of screens, sluices and a series of settling ponds. Ashton said ho water or silt will be discharged into the river. He said a-similar but smaller mining operation took place at the site two years ago, and the land has been reclaimed. Great Falls, Kenneth Hassler of Clancy and Martin Hanson of Kalispell.

Executive Director is Frederick Nelson of Billings. Next year's convention will be in Great Falls. Supervisor workshop will be Friday BOZEMAN The second session of the "Supervisory Skills" workshop will be May 11 from 8 to 5 in the Bozeman Elks Club. The program is for business owners, managers and other supervisors and covers communication, motivation, productivity, stress management, management style and hiring and firing. Speakers are Norm Millikin and Virginia Hartman of Montana State university.

For more information, call 994-2057, or write Two become personal bankers 1 I Shirley Manson and Elly DeHart have been named personal banking officers at First Security Bank of Anaconda. Manson, an University Center for Business and Management Development, 445 Reid Hall, Montana State University, Bozeman 59717. Bozeman museum receives, grant The Museum of the Rockies received $100,000 from the Burlington Northern Foundation for its capital expansion program. Montana State University hopes to raise $8 million for faculty, student and program development and to build an addition to the museum. Billings journalist honored Christene- Meyers, Enjoy editor for the Billings Gazette, was named the Montana Press Women's 1984 Wofnan of Distinction during the group convention in Anaconaa nauve, nas worked at First m.iiil Security since 1975 and MANSON DeHart, who is from Vt aw i DeHART Carroll to educate managers Carroll College will offer a degree in public administration beginning next year for those who wish to manage government agencies.

The curriculum was created from existing courses in the business and political science department and adding Introduction to Public Administration and Governmental Accounting. The requirements include an internship in one of Helena's government agencies. The school has hired Jeff Baker, who has a doctorate in economics from the University of North Carolina, to implement the new program. Norwest gains Nebraska bank Norwest Corporation and Bankshares of Nebraska have received permission from the Federal Reserve, Board to merge. The merger will follow a 30-day waiting period.

Shareholders of Bankshares approved the merger in April. Bankshares has assets worth $146 million and owns First National Bank of Grand Island and two loan and investment companies in Nebraska. Norwest Corporation will pay a regular quarterly dividend of 45 cents per share on June 1 to common stockholders who are on" record as of May 4. There were 28,114,677 shares as of April 23. Policy owners get dividends Northwestern Mutual Life Insurance Co.

will pay more than $4.41 million in dividends and benefits to Bozeman policy owners this year, "said Michael Anderson, CLU (certified life underwriter) Associates, the company's general agency in Bozeman. Northwestern Mutual is paying a 10.75-percent dividend interest rate which is equal to a taxable return rate of 15 percent or more. The scale has increased 24 times in the last 32 years and more than 20 percent of the company's permanent policy owners have dividends that exceed premiums, Manufactured home interest lower Norwest Modern Home Capital, a unit of Norwest is offering buyer interest rates of 13 to 15 percent for manufactured homes, compared to the 15 to 18 percent normally charged. The company has completed a $15-miIlion placement in the private market for its first conventional, installment backed security. The sale is the first in history of an installment backed security for manufactured housing not guaranteed by a government agency or 100 percent insured by a private institution.

The security was rated AA by Standard and Poor and was marketed by Salomon Brothers Inc. as exclusive agent for Norwest Modern Home Capital. The company plans a second placement in June. Net income drops first quarter Net income for Prudential Financial Services Corp. for the quarter ending March 31 was $302,000 or 12 cents a share.

The previous quarter income was $695,000 or 28 cents a share, while the first quarter of 1983 was $69,000 or 3 cents a share. The corporation has 2,550,139 shares outstanding held by about 20,000 shareholders. Total stockholders' equity as of March 31 was $53,296,000 or $20.90 per share. During the annual meeting April 25, three members were re-elected to the board. They were Gene Donovan, president and chairman of the corporation and of Prudential Federal Savings; Dr.

Daniel Staples of Butte; and Richard Hokin, senior partner and of Century Capital Association and general partner of Century Partners. Sales rep wants Jaycee office Marty Lyon, sales representative of Weber's Paramount Beauty Supply of Butte, is running for president of the Montana Jaycees for 1984-85. Lyon, who lives in Missoula, has been a Jaycee member for eight years. The election will be held during the state convention May 12 in Great Falls. Subsidiary adds to Butte force Western Energy a subsidiary of Montana Power, -will ransferl5 employees Xrom Billings to Butte.

Roger Rice, vice president for resources, said the employees should be moved by July 1. Rice is one of those being transferred. The employees include those in exploration and development, lands and leases and planning departments, who will work closely with the company's mine services and marketing departments in Butte. Two Butte employees who work in contract ad-' ministration will be transferred to Billings. Contractors give scholarship Curtis Stahlecker, son of Helena Palhke of Hood River, and Norman Stahlecker of Butte, has won a scholarship from Associated General Contractors' Education and Research Foundation.

The scholarship is good for two years. Stahlecker is a junior at Montana State University majoring in construction engineering technology. Outpatient surgery expanded St. James Community Hospital will begin offering outpatient surgical services on Fridays from 8 a.m. to 4:30 p.m.

at St. James Community Hospital East's sur-gicenter, head nurse Cinda Chesley announced. The center used to perform surgery only on Tuesdays. Rabit breeding seminar set The Garden City Rabbit Breeders Association of Missoula will sponsor a seminar and slide show entitled "Rabbit Disease and Management Problems" conducted by the president of the American Rabbit Breeders Association. The seminar will be held Saturday at 7:30 at the University of Montana Golf Course Club House, 515 South Avenue East.

For more information, call Frances McCool at 1-273- 0255. Heavy Vnetals are topic Biochemistry professor John M. Wood will present a lecture on the bacterial metabolism of heavy metals Friday at 11 a.m. in room 234 of Gaines Hall on the Montana State University campus in Bozeman. The subject of his lecture will offer the possibility of new, inexpensive methods for the isolation of valuable metals from low-grade ores.

Butte to get full-time CBS GREAT FALLS (AP) The Montana Television Network, with stations in Great Falls, Billings, Butte and Missoula, will become a full-fledged, full-time affiliate of the CBS television network Effective June 3. MTN officials said Great Falls' KRTV also will no longer be the "anchor" station for the MTN news broadcasts. Ed Coghlan's "anchor" position is moving to Billings following Coghlan's announced resignation to join a broadcast firm in Los Angeles. MTN President George Lilly of Billings said KTVQ of Billings already is a full-time CBS affiliate. However, KPAX of Missoula and KXLF of Butte are primary ABC affiliates at present and KRTV has shared time between NBC and CBS.

All will fully switch to CBS, Lilly said in a statement. Lumber production drops PORTLAND, Ore. (AP) Lumber production dropped in 12 Western states during the week ending April 28, a trade group says. The Western Wood Products Association says production fell 15 million board feet to 359 million board feet. Orders and shipments increased, however.

Lumber orders rose 15 million feet to 297 million board feet, and shipments rose 13 million feet to 368 million. Production and shipments were both higher than they were the same week a year ago, the association said this week. Orders were lower. Bluings. Meyers has worked for the Gazette for ,16 years as well as writing poetry and travel books, Agricultural leader to speak Emery Castle, a leader in agricultural and natural resources economics, will speak on "Sources of Change in Resource Policy" Monday at .7:30 In Bozeman at Strand Union Building at Montana State University.

Castle is president of Resources for the Future and a former faculty mgmbers at Oregon State University. Nursery school expanding classes The Treasure Island Nursery School, located in the Hawthorne Community Center, is expanding classes for the 1984-85 school year, when it begins its seventh year of operation. An additional class will be added for 4-year-old youngsters and class times will be increased for 2 ft- and 3-year-old youngsters. Teachers and school founders are Cheryl Allen and Kathy Huddleston. Both hold degrees in elementary education and have taken numerous workshops and i Austria, since 1969.

Both have completed several courses, seminars and workshops in various facets of z. Saline seep map available Two Montana Bureau of Mines researchers have produced a map showing areas where saline seep has occurred in the state. The map was drawn using information from research from 1975 to 1978. Most of the information was obtained from aerial photographs. Areas of saline seep are shown in red on the black and white map.

The highest concentration of seeps appear in the glaciated northern plains near Great Falls and in the Lake Basin area northwest of Billings. The map includes explanations of saline seep, how it happens and how it can be controlled. "Distribution of Saline Seeps in Montana, HM 7," by Marvin Miller and Robert Bergantino is available at the Montana Bureau or Mines and Geology, Butte or Billings offices. For questions or mail orders, call Biz Patterson, 496-4167. Business school dean picked BOZEMAN (AP) James Robinson has been selected to succeed Harvey Larson as dean of the College of Business at Montana State University.

Robinson, who has the same job at the University of Arkansas-Little Rock, will begin work at MSU on July 1. A native of Delaware, Robinson has a bachelor's degree from Johns Hopkins University and a doctorate in economics from Duke University. Larson, who has headed the MSU business ut since 1960, said he plans to remain at MSU through at least June 1985. Townhouses to be finished by July ENNIS Works has begun on the first two units of the Madison Village Townhouses a half mile west of Ennis on the Madison Meadows Golf Course. The Cedars, townhouses, were designed by James Morton of Bozeman and general contractor is Clair Daines of Bozeman.

They shouldbe finished by July 2. For information and registration, call 782-1660 or State board appointments named HELENA AP Gov. Ted Schwinden appointed Leif Erickson of Swan Lake to the Board of Trustees of the State Historical Society. Erickson replaces Dale McGarvey of Kalispell, who resigned from the 15-member board. Schwinden also announced the re-appointment of Dr.

A.S. Kautz to the Board of Optometrists. The governor also re-appointed A.T. Kerich of Billings and Robert Hafferman of Kalispell to the Board of Professional Engineers and Land Surveyors. Kerich is president of the water resources divison of HKM Associates, a Billings-based engineering and consulting firm.

WDnsQtt so TjaDlto Many civic projects would never get off the ground without the Anaconda Job Corps Center. Scores of brick and mortar jobs have risen from the dreams of various groups because of the expertise and devotion of the corpsmen and-their supervisors, These projects spread across much of Southwestern Montana. Caring, sharing a Montana tradition Standard JJieiJ1ontana.