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Show Fare 4 THE UTAH STATESMAN Friday, September The rites were for Litton dustries, Inc., and were held at the site, 2111 W. North Temple, with company officials, city and civic leaders. Breaking ground were William L. Fields, president, Salt Lake City Chamber of Commerce, and Dr. Norman H. Moore, San Carlos, Calif., general manger of Littons electron tube division. Watching the ceremonies were Vinton D. Carver, manager of the Salt Lake operation; B. Due Bettilyon, representing the contractor, Bettilyons, Inc.; Robert Eldridge, Alhambra, Calif., representing W. J. Moran Co., engineers for the building; members of the Salt Lake City Commission, also some state officials. In- - ter of ceremonies. Work will commence immedi- ately on the building with completion set for Feb. 1. Mr. Carver said they hoped to have at least 60 persons, who will be trained at temporary iheadquar. ters, 255 E. Broadway, ready to move in when the building is completed. About 1,000 properties, mostly homes, are being listed monthly by the Multiple Listing Bureau. Homes in at least one price bracket, however, are showing the effect of tight money, according to W. Adrain Wright, president of the real estate board. They are the homes priced at from $9,000 to $12,000 on which prospective buyers find it difficult to raise a down payment under conventional loan terms. Mr. Wright explained that Veterans Administration and Federal Housing Authority loans, which call for lesser Interest rates and The American copper producers seek an end to suspension of the two cent import tax on foreign copper, making the tax applicable at 27 cents a pound rather than at 24 cents under terms of the suspension legislation approved by Congress. At 24 cents a pound, many major operations would be closed down in the West, according to observers. Three splitlevel model homes built by Alan E. Brockbank, Inc., Utah, Nevada, Arizona and New opened this week for public inMexico, and Anaconda Co., with spect ib'n at 1336 Sunset Dr., in Rose Park. principal production in Montana The construction of 70 homes in and other important production the $15,000 to $16,000 class will of copper at Yerington, in western bring to a close the Brockbank Nevada. development in Rose Park. . Grandpa Triupan Made An "Old 10-ac- re smaller town payments, are virtually impossible to get. On the other hand, a conventional loan, with interest running mostly at 6 per cent, requires of the appraisal value of the property as a down payment, placing it beyond the means of most 'buyers in the bracket. Banks, he said, are not loaning money under V.A. and FHA terms since they can get more interest on conventional loans. Average cost of a home today is about $15,500 slightly more than the $15,200 figure of a year ago, he said. He noted a slight decrease in the price of lumber, which he thought would ultimately be reflected in the overall cost. But he did not expect it to have much effect, however, since the cost of labor still remains at a high level. two-thir- ds $9,000-$12,-00- 0 A. J. OConnor, vice president and general manager of Consolidated Ooppermines Corp., White Pine County, Nev., said the appeal to the Tariff Commission would be made because there was not time for a previously announced plan to seek relief from Congress in January. Mr. OConnor reports that his firm has been badly hurt. With some 340 employes the firm accounts for 40 per cent of the production going into the McGill reduction center (mill and smelter) of the Nevada Mines Division of Kennecott Copper Corp. Production is from open pits with Kennecott doing much of the mining. Nevada Mines production also if from open pit, although it has an underground operation in its new "Deep Ruth. 1' Grandpa, Harry S. Truman, beams at being, inducted as a "member in good standing in the Old Grana-Da- d Club. Said the former president: "The absolute lade of contro- versy surrounding my elevation' to this new position makes it a .rare and pleasant experience. Presenting Mr. Truman with his certificate of membership is Milton S. Kronheim of Washington, D. C., also. A member of the Club in that area. Research Grants To Be Given For Heart Study Applications for 1958 research grants are now being accepted by the Utah Heart Association, Dr. Irving Ershler, chairman of the Research Committee, announced today. These grants are made available by the heart association to support scientific studies related to the heart and blood vessel Other major domestic producers diseases, Dr. Ershler pointed out. are Kennecott, with mines in They are open to physicans, to persons attached to colleges or junior colleges, or others engaged in a specific type of project related to the heart diseases. It is felt that knowledge is the greatest single need in the fight to bring heart diseases under conThese trol, Dr Ershler said. grants are specifically designed to bring about a better understanding of the three main causes Mr. OConnor said Consolidated Coppermines was associating itself with Phelps Dodge Corp. in the plea for relief for domestic producers. Of the big three domestic producers, P-- has virtual-l- y all of its production centered in the United States at this time. D One of the Larger Independent Rocky Mountain Oil Producers laaaapB , ftuownsffs.NEio'N AND 0L&.STIU. NEED GENEROUSLY TO KENNY Salt Lake City, Utah Phone EMpire 4-56- 69 fca st$ I. M mmv GIVE Tl2EATMNT...PlA5E Utah Oil Building Grand-Dad- The first building unit is designed for something over 200 persons, and the company hopes to have that many in production by the end of 1958. site and The firm has a the company is planning the .Salt The Tariff Commission action is Lake City facility in modular form so that additional buildings in response to another dramatic ran be added as the need drop in the price of the 1 cents a pound and there was further indicated weakening of prices on world levels where surpluses have become a matter of serious concern. 556 Sales Top Realty Record, Report Shows Lake area for the first eight months of the year are running some 10 per cent ahead of a like period in 1956, both in number of properties and dollar volume, according to the Salt Lake Real Estate Board. metal into America ere being made by certain segments of the western mining industry. 1957 Broclibanh Opens Split-Lev- el Types Ground Breaking Rites Drop In Copper Prices Start New S. L. Industry Stirs New Aid Appeal Flans for an immediate appeal Gus P. Backman, executive secGroundbreaking ceremonies for Salt Lakes newest industry was retary of the Salt Lake City to the U.S. Tariff Commission for held Tuesday morning. Chamber of Commerce, was mas- relief from foreign imports of 13, THE FOUNDATION! Enjoy ihe of cardiovascular disease, namely; hardening of the arteries, high blood pressure and rheumatic fever. He emphasized that 50 of the amount of money raised in Utah by the Utah Heart Association will go into local and national research programs in 1957-5- 8, with the largest portion being allocated for heart research in Utah. Since 1948 more than $20,600,000.-0- 0 has been channeled into scientific heart research by the American Heart Association and its affiliates, he said. Applications for the grants must be sent to the Utah Heart Association at 415 South 2nd East by October 1st Application forms are now available at the Utah Heart office. light Bourbon i with can slay you mrnrnj SpodoRy srtparri for rtto EUzobofti Kmmjt Foundation Notional Hoadaoarior 2400 loAoy tow or, MhnoapqKi 2, Minn. KENTUCKY STRAIGHT BOURBON WHISKEY 86 PROOF GLENMORE DISTILLERIES CO., LOUISVILLE, KY. |
