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Show SOUTHERN UTAH NEWS. Kanab, Utah Page Two SOUTHERN UTAH NEWS Thursday, June 1, 1961 Ordcrvilla daily OFFICIAL NEWSPAPER OF KANE COUNTY. UTAH Public notice nsvsjiappenings Janice F. Esplin Hatch. Mr. and Mrs. Tone Blackburn Mr. and Mrs. Perry Troy received went to Cedar City Sunday, May verd that they are grandparents of 28, to see David Graduate from t new baby girl, born to Mr. and he Institute of Religion at CSU. Mrs. Darol Heaton of Fredonia. They also received congratulations Those graduating from the Val-e- y on their son Davids Science High School in impressive com meneement exercises Thursday Bradley Adair enjoyed a birth- 'ieht. May 25, were: John Edward 27. day party in his honor May DeMille, Delbert James Holgate, friends and classmates played jonna Lou McArthur, Class Sherrill F. Lamb, Roy WiL games and had' refreshments at his home. ard Esplin, Burke Lee Sorensen, Janice Heaton, Chad Gregory Hea. Fishers stayed a ton, Sam Roger ,JjThe Reed Chamberlain, Elda rcouple of days at B. P. Fishers enr Lucille Dale Mark Brinker. Hafen, rout to Grand Canyon where they hoff, Orson Spencer .Young, Myr. "ill live during the summer mon- ia Louise Spencer, Leslie Crosby, ths. He works as a Ranger- - Nat. Merrill Dean Lamb, Gayle B. Hep. uralist. worth, LaNard E. Johnson, Max Reo Heaton. A1 Tait and Veldon Esplin, Jo Ellen Tanner, Charles Black were the speakers in Sac- Dean Hepworth, Douglas M. Covrament meeting Sunday night. ington. The following received Max Esplin, FFA, Lovina Heaton gave a scripture scholarships: and Toni Blackburn gave a short Union Pacific; Sherril Lamb, CSU; o talk. An duet was ren- Chad Heaton, CSU; Roy Esplin USU; Janice Heaton, CSU; Elda dered by Barbara Carroll and Hafen, Hollywood Beauty College; Lamb. Reo spoke on the Published every Thursday at Kanab. Utah Errol G. Brown, Publisher and Editor Subscriptions $3.50 per year, $2.00 for Six Months matter October 6, 1S44 at the Entered as second-clas- s post office In Kana, Utah, under the Act of March 3, 1879. All communications and items for publication must be signed by the writer, whose name must appear in print Write on one side of paper only. Use no abbreviations. All communications subject to acceptance as the judgement of the publisher may determine. Presi-lenc- MEMBER UTAH STATE PRESS ASSOCIATION THE NATIONAL OUTLOOK y. organ-pian- Lop-en- e ce By RALPH ROBE1 As a means of preventing an excessive expansion of credit we KLRJ-T- V have elaborate system of required calculatare These reserves. bank ed against deposits and this is efWeakly fective because loans are by all 6:30 THE FIRESIIDE odds the most important means of JUNE 4 THRU JUNE 10 Little Miss Broadway balances bank creating against Monday Thru (Shirley Temple, George which checks may be drawn. Friday Murphy) 7:50 DAILY WORD These reserves very according 8:00 SUMMER ON ICE Host 7:55 ALMANAC to the location of the bank and, Peter Lawford Guest Star 8:00 SAY WHEN within limits, may be changed by Peggy Lee 8:30 PLAY YOUR HUNCH the. Federal Reserve Board. Until 9:00 PRICE IS RIGHT 9:00 LAKAMiE last year it was required by law 9:30 CONCENTRATION 10:00 TENTH HOUR that the reserves be held as de. 10:00 Truth or 10:20 NIGHT OWL CLUB Consequences posits in the Federal-Reser.The Very .Thought of You" 10:30 IT COULD BE YOU banks. Now some vault cash may 10:55 NBC . (Dennis Morgan, Eleanor NEWS DAY also be counted as legal reserve, 11:00 CARTOON CAVALCADE Parker) but this is a quite small propor- 11:30 ROBIN HOOD tion of the total. It is through 12:00 JAN MURRAY SHOW Wednesday, June 7 policies which affect these reser- 12:30 LORETTA YOUNG 4:05 TWO ON THE AISLE ves that the Federal Reserve'Sys-teBlack Tuesday (E, G. RobTHEATRE controls the volume of bank 1:00 YOUNG DR. MALONE inson, Peter Graves) credit in the nation as a whole. 6:00 NEWS SPOTLITE 1:30 FROM THESE ROOTS 6.15 SPORTS REPORT DADDY ROOM 2:00 FOR MAKE banks Reserve Now the Federal 6:25 WEATHER BRIEFING also are required by law to keep 2:30 HERES HOLLYWOOD a certain percentage against their 3:00 NOW With Martin Black 6:30 PRICE IS RIGHT 7:00 PERRY COMO ' deposits and note issues. At pres, 4:45 HUNTLEY BRINKLEY 8:00 IT COULD BE YOU ent this is 25 percent, and this 5:55 MR. MAGOO 8:30 TOMBSTONE TERRITORY has to be held in the form of gold June 4 9:00 WAGON TRAIN certificates. (Only the U. S. Treas- Sunday, 10:00' TENTH HOUR 10:30 FRONTIERS OF FAITH actual own is to permitted ury 11:00 CHURCH IN THE HOME 10.20 NIGHT OWL CLUB gold.) This Federal Reserve at th moment involves 11:30 BASEBALL V Thursday, June 8 (New York at Chicago) about $11 billion out of total gold 4:05 TWO ON THE AlSLE TWO 2:00 MOVIE holdings in the nation of a little . Gost Town1 (Kent Taylor, of Forest the Spoilers over $17 billion. Marion Carr) (Rod Cameron, Hillary Bro6.00 NEWS SPOTLITE This is all important because oke) there is now afoot a proposal for 3:30 CHET HUNTLEY REPORT 8:15 SPORTS REPORT 6:25 WEATHER BRIEFING the elimination of the requirement 4:30 MEET THE PRESS 6:30 BAT MASTERSON imposed, not on the commercial 5:00 SHIRLEY TEMPLE SHOW 7:00 BACHELOR FATHER banks, but on the Federal Reserve 6:00 NATIONAL VELVET banks. If the movement is succes7:30 TENNESSEE ERNIE FORD 6:30 TAB HUNTER SHOW 8:00 GROCHO MARX sful it would free about $11 bil- 7:00 DINAH SHORE SHOW lion of gold for meeting foreign 8:00 LORETTA YOUNG SHOW 8:30 TWO FACES WEST demands or any other purpose 9:00 OUTLAWS 8:30 THIS IS YOUR LIFE 10:00 TENTH HOUR which the Treasury believes is in 9:00 ALFRED HITCHCOCK 10:20 NIGHT OWL CLUB the national interest. 9:30 BEST OF THE POST Rachel , and the Stranger The Return (Dan OHer-lihy- , Many persons will oppose this Valerie French) Young, William (Loretta change. Their objection will be 10:00 TIGHTROPE Cold Kill Holden, Robert Mitchum) based primarily upon the belief 10:30 FERMONT THEATRE that such a move would open us Confidential Agent (Char- Friday, Juns 9 to the risk of runaway inflation. 4:05 TWO ON THE AISLE les B;yer, Lauren Bacall) This belief is not justified be"Affair in Reno" (Penny cause, as stated above this is not Monday, June 5 Edwards, John Lund) the particular reserve requirement 4:05 TWO ON THE AISLE 6.00 NEWS SPOTLITE which controls the volume of bank 6 15 SPORTS REPORT Shield for Murder" (Ed- credit expansion in the nation. We 6:25 WEATHER BRIEFING mond OBrien, John Agar) now have some $7 billion of gold 6:00 NEWS SPOTLITE 6:30 RESCUE 8 in excess of legal reouirements, 6:15 SPORTS REPORT 7:00 LAWLESS YEARS and it is not conceivable that we 6.25 WEATHER BRIEFING 7.3Q NANETTE FABRAY SHOW shall have such a growth of do8:00 MICHAEL SHAYNE 6:30 WELLS FARGO mestic bank credit as to use up 7:00 WHISPERIN GSMITH 9:00 MEDICINE 1961 this surplus. It could be used up 7:30 CONCENTATION First Breath 10:00 TENTH. HOUR only by the demand of foreign 8:00 TBA central banks and international fi. 8:30 JFK REPORT NO. 6 10:20 NIGHT OWL CLUB nance institutions. Last year there 9:00 THE AMERICANS Marseille (Humphrey Bowas a large demand from this sourgart, Claude Rains) 8:30 THIS IS YOUR LIFE ce, and we lost a substantial 10:00 TENTH HOUR Saturday, June 10 of gold. But for the past 10:20 NIGHT OWL CLUB SHARI LEWIS has weeks no been thre many Blood on the Mo:n (Robert 8:00 KING LEONARDO 8:30 such demand and there is no reasMitchum, Barbar Delgre-dne- s) 9:00 FURY on why it should be renewed, 9:30 LONE RANGER granting we do not become foolish TRUE STORY 10:00 in our financial programs. 6 June Tuesday, 10:30 DETECTIVES DIARY Removal of the 25 percent re4:05 TWO ON THE AISLE 11:00 BASEBALL (Minneapolis quirement would not enable our . Young and Dangerous at Baltimore) commercial banks to make more (Lillie Gentle, Mark Damon) 1:30 MR. MAGOO loans than they can at present. 2:00 ROBIN HOOD The danger of inflation, therefore, 6.00 NEWS SPOTLITE 6:15 SPORTS REPORT would not be changed in any par2:30 MR. WIZARD 6:25 WEATHER BRIEFING ticular," and neither would the soundness of the dollar. It also should be emphasized that this move has no relation to the gold standard as such. If it is adopted we can return to a full gold standard just as easily, and just as quickly, as if the Federal Reserve Bank reserve is maintained. It 4s' an enormous responsibility we have imposed upon the Federal Reserve Board of Governors. Thy must watch over our entire money Utah Satina, Utah and banking system and attempt to keep it sound. The board cannot, and should not attempt to. offset unwise financial policies of the govenment. It has been those policies which have given us the Member of inflation sinc 1939 and if we have Deposit a renewal of inflation it will be -- Class Program -- ve m - NOTICE TO BIDDERS Office of the County Clerk of the County of Kane, Kanab, Utah, May 29, 1961. Sealed proposals will be received at this Office until 10 o'clock a.m., June 12, 1961, for the sale to the County of Kane of a 'Police Car according to specifications on file irt the above-name- d - - - -- Office. be will Bids publicly opened in the Commissioners Room of the County Court House at or about 10:30 a.m., on June 12, 1931, by the Board of County Commissioners of the County of Kane and the right to furnish said Police Car will be given to the lowest qualified and acceptable bidder. Bidders or thfeir representative should be present when the bids are opened. Unsealed bids or bids not filed with the County1 Clerk at his Office by the bidder will not be acceptable. The right is reserved to any and all bids and to withhold payment until the vehicle and Pie warranties, etc., relating thereto have Iren inspected and found acceptable. By Order of the Baard of Countv Commissioners' of the County ' of Kane. Bv: D. M. Tietjen, Kane County Clerk. re-ie- ct Published June AND I QUOTE 1, - Federal from unsound governmental Whn 17-6- 1) Llcniw ds M-M- The John Sawyer moved to Hatch. an Published June 1, 8, 1961 Probate And Guardianship Notices (Consult Clerk of Court for further particulars) . NOTICE TO CREDITORS ESTATE OF ODELL JOHN-SO- N Administrator of the Estate at his office at 151 North Main St. Richfield, Utah, on or before the 12th day of Sepabove-nam- 1, 1961. IT PAYS TO ADVERTISE family has 9 Frank Fisher attended a Banquet in Cedar City at which he was given an award as outstanding ROTC Cadet of the College of Southern Utah. Word was deceived Saturday of the birth of a baby girl to the Sorensens of Cedar City. De-Mo- DO YOU THINK in Mr. and Mrs. Laurence Reese and Mr. and Mrs. Loyd Heybome drove to St. George to attend the Pance Festival Saturday night Others attending were: Lee Sorensen, Carol Sue Brinkerhoff, Del-li- s Sorensen, Geralyn Pugh, Pam Sorensen, Spencer Young, Douglas Covington, Ora Mae Cox, Ver. 'ene and Julia Ann Crofts, Pauline Reese, Cleo Billings, Dorothy Ellis. Keala Hepworth, Jackie Sor. ensen, The Deral Sawyers went to HEARING AIDS ARE TOO EXPENSIVE? YOU ARE RIGHT! Compare Dr. Richs new line of finest ouality Hearing Aids at Sensationally Low Prices! 3:00 3.30 4:00 5:30 6:30 7:00 ROY ROGERS CAPTAIN GALLANT TWO ON THE AISLE BONANZA NEWS WEATHER SPORTS STAGE TWO This Land is Mine) (Charles Laughton, Maureen 0,Ha ra) 9:00 THE DEPUTY 9:30 THE TALL MAN jn-nJOHNNY MIDNIGHT 10:30 NEVADA CLUB PRESENTS Crime of Passion (Barbara Stanwyck, Sterling Hayden) - Pangcitch, Utah Insurance Corporation Lovely, LUCKY JUNE BRIDE . . . with the full glory of a wonderful future before you. Yours will be the rewarding modern life, complete with the marvelous electrical conveniences which will help you do your chores with ease. TODAYS brides will add infinitely to their success and joy making by taking advantage of all the work, time and money saving electrical wonders at her bidding. in-ho- t Capital S150.CC0.00 ed tember, 1961. CARVEL MATTSSON ADMINISTRATOR GUSTIN, RICHARDS & MATTSSOft ATTORNEYS FOR ADMINISTRATOR Published May -- 11 18, 23, June v Be especially thoughtful this year. Buy her something electrical, for she will feally appreciate a gift that will help them live Better . . . Electrically. zt of Fedaral Reserve System Surplus S3Su.009.00 ALSO WATSON, KNOWN AS ODELL J. WATSON AND AS O. J. WATSON, DECEASED, PROBATE NO. 425, KANE COUNTY, STATE OF UTAH Creditors of the above-name- d decedent will present claims with vouchers attached to Carvel Mat-tsso- we talk about unemand sagging business ruf in a word or two for tha The Lincoln Crofts went to Salt record number of employed and Lake City. James ha high national income. Farrel Hitesman is here visiting Tagg, Alma (Mich.) Record. at the Ervin Hoyts with his wife and small son. ployment ac- tions. not the policies of the Fed. eral Reserve System. Last year whpn we were losing gold it would have been unwise to make such a change in our monetary svstem. This is because it probably would have been intr-nr-t--d ? panic cn our part.. At present there is no basis for such an interpertalnn and if the move is to be made this probably is Jic time for it. (5 1961 . . . FIRST STATE BANK OF SALINA Ifcaab of Missionary work. A1 Lonna Lou McArthur, Dixie and Veldon, recently returned rom Missions to Mexico, related incidents from their missionary experiences and gave a Gospel At Top of message. Prayers were given by Burton Rust and Deral Lamb. Norman H. Jackson, son of Mr. and Mrs. Elmer Jackson of Kanab, and Jnneice Tommy Hoyt left and student of law at the UniverThursday for Salt Lake City where sity of Utah received special recTommy received medical attention ognition at the recently College on his eyes. Marvin drove up later of Law. He was presented a book n the car and will bring them award at the schools Annual home Tuesday. Assembly. This distinction Merrill Fisher drove to Cedar was given for achievement in the Law of Contracts where Norman City on Saturday. placed first in bisclass. The Hugh Sorensen family of Last week Mr. Jackson was, honLas Vegas have been visiting for a few days at the Binnie Sorensens. ored at LDS Church services where he received the Master A. Craig Barton had a birthday ward from the YMMIA. He is currty Friday. Many of his friends rently serving as Superintendent helped him celebrate at his home. of the Canyon Rim Second Mr. and Mrs Phil Hovt and fam-i- y are here visiting. They live in Las Vegas. NOTICE is hereby given that applications will be received until 7:00 pjn. June 14, 1961 at the office of the clerk of the board of education for the following custodians: Kanab High School. 'ervice to begin July 1, 1961 $3800. Salary for 1961-6- 2 Alton Elementary School Service to begin Aug. 28, 1961 Jalary $45 per month Glendale Elementary School Service to begin Aug. 28, 1961 Salary $45 per month. Kane County School District By Rachel S. Findlay Clerk. Board of Education May 31, 1961 CALIFORNIA-PACIFI- C UTILITIES COMPANY . |