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Show Utah Business Rated Good During First Quarter of '69 Business in Utah during the first quarter of 1969 was rated good to excellent and the state's economy in the second quarter should praal-lel praal-lel that of the nation with relatively high production and income. This is he report of the First Security News Letter which is being distributed this week, it was announced announc-ed by Robert Dalton, Manager Mana-ger of the Moab Office. The quarterly publication is edited ed-ited by Dr. ELRoy Nelson, First Security vice president and economist. Personal income for the first quarter was estimated at $755 million, 9.4 per cent increase over one year ago. Employment, wages, and salaries were all higher than last year while- u;innpioy-ment u;innpioy-ment was considerably lower. low-er. Most metal production in the state this year is at excellent ex-cellent operation levels, the News U Iter points out. Cop- pr production approached optimum op-timum operatin.; levels at almost 25.0uO tor.s per moirii while l ad and z;r.c production produc-tion like that of coj-piT are considerably above l'X-3 levels. lev-els. i'r!lm!nary data indicate indi-cate If. id production is -it-out 4.3 0 tu:;s prr n:n:'.:li nr. J zinc at 3.w0 tuns p.-r mor.th. Gold and silver product inn in the state is also somewhat some-what hiirh'T with 'd production pro-duction estimated at nbit'it 30 AO ounces per mor.!h .ir.J silver somewhat above 5 0.-POO 0.-POO ounces. S'.irl op-. r.T.ior.s are above 80 per cent of c i-paciiy. i-paciiy. Bookings and orders ind.cate higher lewis of production pro-duction for the second .rul third quarters of the year as stockpiles built up a year ;i;;o have fx-en depleted. Total manufacturing as shown by output and employment em-ployment is considerably above ab-ove last year's levels. Substantial Sub-stantial increases are shown in the major metals, fabricated fabri-cated iiTi't.iis, electrical equipment, eq-uipment, non-durable pxxK clii micals, petroleum production produc-tion and apparel. Coal production, according tn First Security, was ytil short of a million tons and was slii;htly below the levels lev-els of lfl. Crude oil production pro-duction totaled almost six million barrels duruu; the first quarter up slightly from om- year aj'.o. The priHTal outlook for both crops and livestock in Utah is good with somewh.it higher prices for most crops and livestock anticipated. For the first three months, cash receipts from farm market ing exceeded $11 million, mil-lion, an increase of six per cent over the corrcspondim; period last year. Prices for feeder cattle have increased rather constantly con-stantly in the last six months, mon-ths, and despite the higher number of feed lots, rather stable prices are anticipated. Inventory of cattle on January Jan-uary 1 established a new all-t ime record at some three per cent above last year. Total employment in the slnte by mid-March was lis:-ed lis:-ed at nil!i.7l)(), up lil.llim t or S 1 per cent from last year levels. Employment was higher In most categories except const ruction and federal fed-eral defense. Manufacturing employment at M,rIM) was up ID pei' cent from 1 tH'.fl while niel.il employment em-ployment was Ji.OiM) higher. Total unemployment In March was 21), Villi, a do-crease do-crease of 3.0110 from last year anil five t cent below the labor force. |