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Show The National Enterprise, May 4, 1977 Page twenty Loan Volume All Salt Lake Banks Too soon to gauge droughts impact ($ Million) Week Ending April 13, 1977 Utahs economy is strong is spite of the drought, but check back in six months. Thats the message from Dr. economist Kelly Matthews of First Security Bank. In his quarterly economic review for April, Matthews describes the Utah business climate as favorable despite the continued lack of moisture and... re Source: Federal Reserve Bank of San Francisco. duced availability of water. Assuming the drought con- tinues at present levels, Matthews says, agriculture will be the only sector of the local economy to feel its h to impact, with a d drop in crop value one-fourt- dip in retail sales of big ticket items, and a drop in certain categories of consumer credit. Some non-agricultur- al people in rural areas could begin to feel their jobs threatened by that time, he says. one-thir- from 1976. After six months, Matthews says, consumer confidence could erode, with a resultant The unemployment rate will remain at its present levels, he predicts, with continued creation of jobs in construc- tion, manufacturing, and mining. For Idaho, Matthews foresees a second quarter only slightly less bright, with lumber production growing as it responds to increased construction demand around the West. Drought conditions could put a frown on lumberjacks faces however, if dry by mid-yeaforest conditions increase fire danger to the point where loggers and others are forced to abandon the forest. r, Make Capital City your banking connection An era And pick you r own closes personal banker Norton Parker, his officers, staff and Board of Directors, invite you to make Capital City your banking connection. Come in and select your own personal banker. He or she will be your friend and financial counselor for checking, savings, loans all bank services. Youll have one person to give you prompt and private attention. Drop by soon and feel the new atmosphere in banking at Capital City. !: NORTON PARKER KEN STATS DEE GREGORY President Vice President Vice President RANAE COOMBS DAPHNE ROBINS KAREN NEWMAN Operations Manager Customer Service Head Teller ANN CASKINETTE Controller DIRECTORS Continued from page 17 Maybe its just as well. d People seem to want shopping malls and lower prices. . .they don't care as much about quality. Look at the people who came in just he obto say goodbye, served. You wont find that happening at a McDonalds. aircon-ditione- Almost an institution, Adrien N Emilie has been occupying the ground floor of 72 South Main for 42 years, according to Martin. The building was sold earlier this year, and the new owners are molding it ofinto a condominium-styl- e fice building. They dont want any retail stores on the ground floor, and weve been told to go, he said. n E, as its often called, has had fashion credits in Vogue an and Mademoiselle, in common achievement not the Intermountain West. high fashion, Unique. ... ...One of the finest stores in America, say customers. A DAVID R. DAVIDSON MCNEIL S. FISKE DONALD E. FOULGER MARTIN HART CARMAN E. KIPP Davidson Lumber Sales, Inc. Motor Cargo Foulger Equipment Investments Attorney LAURY MILLER Laury Miller Pontiac Company The red and white butcher-pape- r sale banners lend it the atmosphere of a furniture-liquidatooutfit. The prices do not. Sale. . .$21.50, reads the tag on a mens shirt. rs G. MITCHELL MORRIS JACK B. NEILSON Morris Travel Superior Realty Service Ewk drp kof i HMtM MfOttl JOHN M. RAPP. Rapp Construction Company RAYS. ROBINSON Grande Building Products, Inc. Rio wd to M0.000 MSUIANCI CO Capital City State Bank HOURS: 9 to 6 Daily 9 to 1 Saturday Drive up banking: 7:30 to 6 Weekdays your kind of bankers 2200 South State StreetSalt Lake City, Utah 84115486-480- 3 The Martins put $100,000 into a major remodeling effort 10 years ago. Thats not much time, Martin says, to amortize that kind of money. What now? People keep asking us that, replies Bill. But we really dont now. Were keeping our options open. We may move, but we really haven't scouted out any new locations. Mostly were just sad. . .its still hard to believe, moving after all these |