Show I j Up P and Down the Street Street I jJ I J S. S L. L I II I Business S Wil Will Air Problems 1 4 By Robert W. W V. V Bernick BernickI I Tentative schedule of witnesses S. S before the small smal business committee commit commit- tee of the te house of representatives f when it meets meet here Sept Sept 11 1 will wi Include independent grocers grocer druggists druggists drug drug- tire dealers and theater ownS owners owners own own- git tre S ers it was wa disclosed Thursday Willis Ballinger economic counsel coun coun- sel for the committee will wi be at att atthe 1 t the Hotel Utah tah on Sept Sept 10 10 to ari arrange ar- ar i 1 range for other witnesses I 1 The committee has announced in 1 Washington D. D C. C that tat the ban banon on testimony for or against again t cooperative coop- coop organizations as the they affect af af- a- a feet the thc economy of the country has ha been lifted S. S Walter C. C R. R Mo committee chairman has ha been a aL aS S L center of controversy concerning I cooperative taxation but thus far farno farrio fj no rio no Utah cooperatives have indicated indicated indi indi- the they would present testimony test test- mony at the herin hearing Objective of the committee committeeS hearings in the west this fall fal is isto isto S to collect testimony testimony- from small businessmen and how they are affected affected aft af af- af- af by monopoly governmental go t c regulation and allocations un under cr the te rearmament program Risk Group Sets Goal Goal of the Utah quarter million dollar dolar round table is members by the end of next year ear Elmer F. F Davy life member of the organIzation organization organ organ- told the Salt Sal Lake Association Association tion of Life Underwriters at Hotel HotelS S Utah tah Thursday The round table now has 61 members all al of whom have sold more than worth of life insurance yearly Mr Davy told members of the thea a that tat the round table represents represent a goal as well sell wel as a a standard of confidence of the client clent in the te insurance representative Gerald L. L Erickson informed the J association that tat only about 2 u 1 of the income of our state is spent I on life insurance yet from that 2 A comes about 85 of all al that remains at death Such funds are used for protecting protecting pro pro- children and widows education education edu edu- cation caton sustaining organizations and keeping estates intact intact he added Mr Erickson spoke on The Significance Significance Sig Sig- of Membership in the Quarter Million Dollar Dolar Round Table The meeting which opened the fall fal activities of the Salt Lake life underwriters was under the direction direction te tion ton of Reed W. W Brinton Mr Brinton Brinton Erinton Brin- Brin ton is a member of the national million dollar dolar round table as well wel as a group the Utah quarter million dollar dolar Bank Loans Up Total loans of Salt Lake banks equaled on Aug 25 compared with wih on Aug 27 1947 the federal reserve system syster tern tem ter reported Demand deposits deposit were on Aug 25 over ove ove during a comparable period in 1947 while time deposits deposit totaled at the last report this thi year compared with on Aug 27 1917 the system re re- re ported Bank Clearings Rise August Augut transactions of the Salt Sal Lake Clearing House Houe totaled compared with for the same month in 1947 R. R S. S Hayes manager re reported reported reported re- re ported Thursday The Te report for last month was the second highest of any mon month h hin in 1948 1918 he add cd Inflation is a major element Inthe inthe in inthe the rising dollar dolar volume of the clearings clearing Mr Hayes Haye said Mine Appointment Walter Valter M. M r Home Horne Thursday wa was wa assistant manager of the Utah Uth Mining following his hi appointment ap ap- Wednesday by the organizations organization's or or- board of directors Mr Home Horne attended Brigham Young college at Logan Henager School of Business was as employed as an assistant buyer of the Salt Lake Hardware Co and in 1942 was state personnel director for forte forthe forthe the National Youth te tion ton For the te last nv five years ears he has ha been an underwriter for the California California Cal Cal- Cali Cali- fornia foria Western Vestern States Life Insurance Insurance Insurance ance Co at Phoenix Ariz Aria According to J. J K Richardson manager of the mining association Mr Homes Home's Hores Hore's duties dute will wi be concerned concerned con con- with th advert advertising ing and pro pro- motion moton Test Sands Sands' Neared Thursdays Thursday's oil oi log discloses that Equity Oil Oi and Associates are arc at feet on the Ashle Ashley Valley Valey I Dome wildcat near Vernal Veral with tests teats slated in the region of 1500 feet in the Weber eber sands Pacific I well vell miles Western Equity wel eight mies I cast east of Thompson is is- down 1674 feet with deep test planned be below below below be- be low feet Bank Joins System Continental State bank at Boise Boie Ida has become a member of the federal reserve system it was announced announced an an- flounced Thursday |