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Show A bd ' V Pr t''''9t. " These Aproras By ARNOLD IRVINE ' Deseret News Staff Writer I ;c. f "s Tlie average litespan of a typesetting business in Salt Lake City was 10 years before Twin Typogrspheis came on the scene Howard J. and Harold C. Gerber together have kept their firm going for years and previously operated as competitors for the same length of time. Not only have they smvived for more titan 30 years but they have epened branches in Idaho, Nevada and New Mexico. o LONG HOURS Their success formula: "We Vs worked hard at it and long hours. Weve each probably averaged 80 hours a week, Howard said as he relaxed between phone calls and quick conferences with Linotype operators. Even when seated at his side of the double desk in the executive office, he was wearing his printers apron. Both he and twin brother Harold who prefers white coveralls to aprons spend most of their time at work in the shop. VITAL SERVICE The typesetting service offered by Twin Typographers is to the printing business what computer service is to a businessman who cant afford a computd jforold, left, and Howard Gerber find their type-- 1 t setting business booming and changing. er. sN.S i v s, sS - f " s v sv t 5 v ' ' VvMfr &; x r&, s . ' - fr f hj - y, 'S'V??' T ' ' - f f , S , y X uvl Saturday, January 18, 1969 Certain-Tee- d Stock Of Week . Certain-Tee- Products Corp., has been selected as the stocjc.of the week by the Electronic Stock Evaluator Corp. Flowing are five chosen securities and Fridays closing prices: d PRODUCTS CORP. (30) CRT is a j leading producer of building materials. Cost reduction, new facilities and further expansion for major markets indicate lllBlillllllllllllllll favorable prospects for the long term. The company is discussing the acquisition of Kob JOCKS Carpets, Inc. Earnings for the 12 months ended Sept., 1968, were $1.41 per share versus SI cents per share for the previous 12 months. ESE estimates earnings of $2.25 per share for the next 12 months. An annual dividend of 80 (tlljfllinilifliilllll Per share is paid. CERTAIN-TEE- ' Or. The J' )Yeek ces SOUTHERN PACIFIC CO. (44) SX operates a major transportation system in the West and is engaged in leasing and trucking, among other things. Popula-tiq- p and industrial expansion augur well for long-terprospect?. Earnings for the 12 months ended Sept., 1968, were $4.17 per share versus $3.07 per share for the previous 12 months. ESE estimates earnings of $4.50 per share for the next!l2 months. An annual dividend of $1.60 per share is ware-holisin- g, paid. DUPLAN CORP. (42) DIP is a major producer of textufed yarn. Revent acquisitions have led to broader diversification. Increased production reflected by enlarged capacity and possible further acquisitions suggest the shares are attractive for growth potential. Earnings for the 12 months ended Sept., 1968, were $1.75 per share versus 43 cents per share for the previous 12 months. ESE estimates earnings of $2.50 per share for the next 12 months. No dividend is paid. BELDING HEMLVWAY CO., INC., (39) BHY is a prominent producer of sewing threads and is a weaver and converter of fabrics. Possible acquisitions, broadened facilities and promising demand for the leading product lines enhance 1969 potentials. Earnings for the 12 months ended Sopt., 1968, were $1.39 per share versus 78 cents per share for the previous 12 months. ESE estimates earnings of $1.50 per share for the next 12 months. An annual dividend of 60 cents per share is paid. -- L After Gutenberg invented movable type and launched the modern printing industry, probably the next great step in that industry was the invention of the automatic typesetting machine which was much faster than the old hand method. HAND SET However, only the larger shops could afford one or more of the expensive and complex machines. The smaller operators continued with the tedious hand-se- t type until someone came up with the idea of providing a typesetting service for them. Thus, they could buy time on a typesetting machine much as a businessman now can buy time on a computer. Harold and Howard entered the typesetting scene after graduating from West High School in 1929. They felt lucky to get jobs as delivery boys in the year that the stock market crashed and the Great Depression began. BEGAN EARLY Work was nothing new to these lads who had hired out as Davis County farm hands at the age of seven and had supported their family since they were in bicycle-mounte- d the eighth grade. Their willingness to apply themselves enabled them to move soon into the operation of the equipment in the shop. By 1937, Howard was ready to take a flyer in business with a fellow typesetter. Harold elected to stay with the old employer, Superior Typesetting. A year later, Harold began buying Superior. OKAY MERGER The twins continued as competitors until 1953, when, having acquired full control of their respective companies, they decided to merge. They moved to their present location and began buying the building. Each brought three conventional lead typesetting machines into the partnership and have since added an equal number to equip branch shops in Boise, Idaho; Albuquerque, N.M., and Las Vegas, Nev. CAPTIVE SHOPS The branch operations actually are captive shops doing work only for Rocky Mountain Banknote Co. "We dont plan to expand those shops beyond their present operations, How- ard said. In addition to the lead typesetters the Salt Lake shop now has three photo typesetters for the now highly popular offset printing method, "When w'e started, practically 100 per cent of our deliveries to shops was lead. Now, 75 per cent of the type stays here in the shop and we deliver slick proofs or film for use in the offset process, Howard noted. LARGE SILARE He also recalled that most of the 100 accounts the firm had 16 years ago were independent printing shops. Now, advertising agencies and businesses with their own small offset printing operations comshare of the 300 to 400 prise a accounts handled by Twin Typographers. They also do work for the large printing plants which have automatic typesetting large equipment. Changes still are taking place in the industry and the Gerbers are watching them warily. Some day, we may be selling all of our present equipment as junk. 2 SHIFTS The company used to operate two shifts but the night shift has been reduced in recent years. You cant get typesetting machine comHoward operators any more, plained. "We have to train our own. He noted that the firm has a minimum of turnover in its staff of 29 work- ers. In Earnings Friday against the International Machines Corp. (IBM), charging the company is monopolizing interstate trade in computers. The civil antitrust suit, filed in New York Federal Court but announced In Washington by Atty. Gen. Clark, charged that IBM fixed prices, This surpasses the previous record high of $50,161,214, set in 1967. digital comput- The suit said IBM is the worlds largest manufacturer of information-handlinsystems, with a gross of $5.3 billion and a g net of $561.5 million In 1967. aluminum-sen- - slurry Commerce sitized blasting agerts for mining The joint company will establish its first plant in the region of Belo Horizonte in the state of Minas Gerais. It will serve as a supply base for pump truck operations and for general packaged slurry distribution throughout Brazil and neighboring countries. iiiiiiiiiiiliiimiiimiliimiv opera'ions in 3razil, it was announced today. The r.cw company as yet unnamed, will operate under the patent rights which are owned or administered by IRECO Chemicals, pioneer in the development of modern Agency Changes Hands A full underwriting branch office of Ohio Casualty Insurance will be established at 543 E. 5th South under the managership of Bill Brandt. Skyline General Agency in Salt Lake City has been acquired by the Ohio Casualty Insurance Group, it was announced recently. He is when he joined KSL-Ta graduate of the University of Utah and a veteran of the Korean War. Since 1965, Murdoch Mr. has been an account execu Mr. Murdoch 2 Lumber Firms To Merge BOISE (AP) A merger of Boise Cascade Corp. and Union Lumber Co. of San Nary's New Fighter The Navy this week chose Grumman Aircraft Engineering Corp. to build its new carrier-base- d supersonic fighter, the F14A. Estimated cost: e airaround $10 million each for the swing-win- g craft to replace the controversial fighter, which was cancelled last year when it proved too heavy for shipboard operations. The Navy did not say how many it would buy, but it could purchase several hundred enough for two squadrons for each of its 15 attack aircraft carriers. The planes first flight is expected in 1971, with fleet use two years later. two-plac- Fill billion to $9.7 billion. Consolidated total deposits also reached a new high of $8,320,040,061 on Dec. 31, 1968, or 12.6 per cent up over a year earlier. Consolidated loans less reserves, rose to at year end, a $5,644,254,051 gain of $801,669,830 or 16.6 per cent over the previous year. -A- tthtaiAttklMlh "ONE OF B. Stephen t CURTAINS: 7:1 :35 FEATURES: 7:2 A :45 DULTS- The Electronic Stock Evaluator THE STRONGEST, BLUNTEST, MOST IMPORTANT AMERICAN MOVIE OF THE YEAR!" New York Times THE ACCLAIMED A POWERFUL SHATTERING FILM! A MOTION PICTURE! lesl,IP MERCILESSLY INTIMATE MOVIE! Sen Freneisco Exemmer "A MILESTONE! A FINE ACHIEVEMENT! WILL MAKE : INDELIBLE SCARS ON THE MEMORY! ; Judith Crist IstVIN INTtRNATIONAl AWARDSI Othe movie CURTAINii MATUMSt -- APUITS- at MNi Wv1i ! 7iOI TtJS, ft4S "Avery personal uZita" NEWSDAY " Superior THE MORNtNO telegraph "Avery delicate picture NEW YORK POST "Ukea postdate. Superlative. - playboy MAUWED MOVIE AUDIENCE THIS SAtSUMAJO BARBRA STREISAND OMAR ThM rating apply o film wltawd oftr Nov I, 196t SHARIF SEAL In IndicoN th film w approved wndar tfc Mntien Corp. vblff4 and ftctvrt Cod SH Rgulatin- Suggeited for GENERAL f fc) Exchange Board Broadens Power - Tl.e NEW YORK (UPI) Board of Governors of the New York Stock Exchange broadened its disciplinary powers and strengthened existing powers over its membership. The board, along with American Stock Exchange governois, also voted to continue the present five-datrading week with Its shorter (by 1 hours) trading days. Both boards acknowledged that the paperwork problem persists in many member firms bark offices. They voted to closajhe stock markets on Fti- y Moy Be Worth Cosh ' backlogs. Both exchanges will he open contact AW A 3339 Crestwood S.L.C., Utoh or audiences. m Suggested for audiences (parental tton advised). S MATURE discre Persons under 16 not odmitted. unless ac- RESTRICTED companied by parent or adult guardian. Prcon under 18 not admitted. Lincolns Birthday, Feb. 12. Tiny broke with custom in 1968 and do-e- d down on that day because of the paperwork problem. on TACO TICO ffMHHmBHHIimil SPECIAL ; THE THUS stp.iv THI tCL CONFESSED OP Friday-Saturday-Sund- Jan. BOSTON I 17-18-- STRANGLER. O DID URAMUM STOCK ' Fob. 21, the day before! Washingtons Birthday, but rec-- j ommended that the brokerage houses use the day to work on day. Lf w'e w THE BOSTON STRANGLER S55 North 13th (1400) West Silt Like City, Utih OPEN SEVEN 4 Bean Burritos Dr. coll iwwigwwwaiiiiwiM A V TEN BEST PICTURES OF YEAR Nasq (C) Boise Moser, Cascade executive vice president, said each share of Unions $10 par value stock would be exchanged few about 2.3 shares of Boise Cascades $2.50 par value stock. FAR AND AWAY Western Bancorporation consists of 23 full service commercial banks in the 11 western states Including Walker Bank and Trust Co. in Salt Lake City. Fourth quarter net operating earnings rose to 75 cents a share, an increase of 11.9 per cent over the 6Y cents a share reported for the comparable quarter last year. New record levels were also reached in loans and deposits, with total assets gaining $1.2 tOWei 0 JLM WALTER CORP. (34) JttC Is a leading manufacturer of shell homes and building materials. Increased demand for building materials, together with expected acquisitions of Majestic Carpet Mills, Inc., Royal Carpet Corp., Georgia Marble Co. and Knight Paper Co. should favor long-terprospects. Earnings for the 12 months ended Nov.. 1968. were $1.40 per share compared with 97 rents per snare for the previous 12 months. ESE estimates earnings of $1.75 per share for the next 12 months. The annual dividend has been increased to 40 cents per share following the recent stock split. E$E1. Rockville Center, NY. Corp The Electronic Stixk Evaluator selected the five securities above tor outstanding fundamental value and market Interest ESE uses computers to perform tasks common. v dun bv research analysts. However. tte computer has the advantage of speed, enabling ESE to analyze approximately 2,300 securities each week. aecurlty, ESE obtalna estimates of In forecasting the price action of arnlnos. dlvidonds and sales from several sources, programming a consensus f these estimates Into the computer. The cpvter, In tvn, assigns t rating $lnce the to the security to serve es a guide for ESE recommendations. assigned rating Is largely dependent on estimates obtained, the accuracy of Is dependent upon the accuracsv of estimates. In this re recommendation pect, the research analyst and the computer are sobiect to the same limitation. General economic conditions, national crises, or unpredictable news events Iso may have influence on recommended securities Your broker will be pleased to furnish you with additional Information regarding the above securities. I.Q.M. is a veil known chemical and explosive accessory manufacturing firm in Brazil. Corner These record earnings were equivalent to $2.75 per share compared with $2.36 in 1967. Ramsey er field. site-mixe- Western Bancorporation reported an increase of 16.1 per Francisco has been approved cent in net operating earnings in 1968 to $58,452,132, announced by stockholders of the firms, Frank L. King, chairman of the it was announced recently. board. Business general-purpos- e slurry general Increase The ment. The department is seeking court order to require IBM to end its alleged monopoly in the blasting agents and slurries d supplier of to mining operations throughout the free world. Chemicals of Salt Lake City and Industria Quimica Mantequeira of Sao Paulo, Brazil llllllllliiiNiiniiiiiiillliiill will form a joint company to p r oduce 1RECO er Bank Notes filed discriminated among customers and pursued policies that made it impossible for other manufacturers to compete effectively. A spokesman at IBM headquarters In Armonk, N.Y., said the suit was unwarranted and without foundation. He said the company had produced evidence of strong and increasing competition in the industry in the course of nearly three years of talks with the Justice Depart- Companies Plan Merger Originally a partnership, the firm later became a cfrrporation with Howard KSL-T- Y Advances Manager as president, Ivan Sundberg as vice presand ident, Harold as secretary-treasurWilliam R. Murdoch was tive in the local sales departthe two Mrs. Gerbers as directors. named assistant general sales ment. Prior to this, he was Howards two sons, Kent and Gordon, manager of KSL Television, it director of sales services for now are working in the shop, learning was announced KSL-Tand was responsible the business. by Friday How have the two former business the for merchandising and Jay Lloyd, rivals fared as partners? He man-age- r commercial operations. station Its been a wonderful relationship. and has also been traffic manager Each one knows that the other works James Schultz, of KSL-Tharder than he does, Howard said. Mr. Murdoch began his sales manager. broadcasting career in 1950 Monopoly Charged In IBM Suit (UPI) Justice Department suit NEW YORK 2 Chemical DAYS A WEEK 4 TACOS 00 f) V |