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Show ' TllE AMERICAN FORK CITIZEN,' Thursday, January 8, 1959 Six I - : I i y . r - -s . : 1 . -v.. a ,tr. -r - - t- w 1 ; ; rrrr .. r ., : BY RALPH ROBEY . This Is the time of year for business forecasts. Most com-parties, com-parties, of course, went through ; this procedure weeks ago as a part of the process of preparing their 1959 programs. 'We shall handle the problem in three PSFlrst will bea review of how far the recovery has reached. Second' will be a brief discussion of present underlying . worries. Third and final will be thg forecast, fore-cast, -v ' ' : The Recovery to Date The only over-an measure of economic activity is gross na tionaJ product. This is the monetary value of all goods and seTTtces produced in the nation. It is calculated on a quarterly basts and always is stated in by changes in prices and by var iations in government spending. The pre-recesslon high was in the third quarter of 1957. Thereafter There-after it declined for two quarters and. although the figure for the fourth quarter has not been officially of-ficially announced, it is believed to be at a new high. To be specific, spe-cific, the former high was just short of $446 billion,' the recession reces-sion low was about $426 billion, and currently we are approximately approxi-mately $450 billion. , ' V Total industrial production is measured by an index of the Federal Reserve Board. This ses mv-iiHy as equal to luu and. since the index is calculated on the number of physical units produced, a change . of . prices does not affect the, result- In August 1957 the index was 145. From that it declined month by month until, in April, it was .135 Then an upturn started which has carried the index to HI, Recovery Re-covery here, in other words, 'tvas been less complete than In gross national product. This l because be-cause some industries en-ojed relatively little upswing- A gesxi example of this, is th.; mccLire tool industry. . Construction has been a strong element throughout most o the year. Private housing starts en a seasonally adjusted anzsiil rate, reached their Jow point ia February at 915.0001 Since then J the total has climbed untiL in October, it was l,2Su.uuo. rusi-c construction spending has been on the increase for almost the entire, year. . ' Total personal income reached its Jo w point in February.. Since then it has recovered more than $10 billion and is now at a nev all-time high. Retail trade has fully overcome the recession. There was a major shift from durables to non-durables. fcit the total never declined sharpj and recently there has bee a a pick-up in big-ticket appliances. Farm Income in 1953 has been the highest In many years. Crcjss were of. record proportions, and altho-h prices were good, gov-eromer.t gov-eromer.t support payments were the largest to history. "', Prices at "both the consumer and wholesale levels, as measured measur-ed by froTernment indexes, have fceeis relatively stable 'for the pass several months. This sta-tZzj. sta-tZzj. however, has been the resali of " diTerse movements wiin the Indexes, in consumer' jesees, fid has been 'declining eaog;!s to olfset . increases" in other items. At the wholesale iewl farm prices have been1 the cilstfur-g factor.' Inwniaries started to decline at the- tegtostog of the recession, ar.d in the first Quarter of 19;53' the dedine' was on an annual baits pi ever. $9 :. billion. Since then there has been a continu ous, decline in 'the rate of liqul- dalisaa-and it" is expected yiat by She year's end this drag, upon" jrrod-iftion mill be over. Business investment in plant and es;Tiijsnent reached its peak in the third quarter of' 1957 at fast under $38 billion. It drop-, pei to below. 530 billion in the ird'QUTUT of 1938, but it is ssjppased to increase slightly in She fourth quarter. Ocrporste profits reached their S':S1klia il:e fim QUarleroT Sisr-42nthe ' recovery has bMnv&ost uneven, but ap- New Dial System To Go Into iEffect June 6 .Telephone installers started this week to modify 'all telephones tele-phones in American, Fork to dial according . to Mr, . Ryan, local manager for t h e Mountain States Telephone and Telegraph Company. Mr. Ryan also stated that they are expected to start preciable. An uriusual aspect of this" profit picture has been that dividends have been maintained at virtually the 1957. level. This has been accomplished by com4 panics paying out. a much larger proportion of their profits than lor many past years. . Finally, government spending has been increasing at a rapid rate. Federal spending, in the fiscal year ending next June 30 will be between . $79 and $80 billion, up so.me $10 billion over two years ago. If one adds trust funds, which gives the cash bud spending 'is estimated billion. . at $40 In Lehi-sometime in February J However the improved semce: will not be available until about June 8, 1959. In addition to the local force, eight telephone company com-pany dial technicians will visit over 3300 telephone customers in the American Fork 7 and ; Lehi area. Ryan said even though ! your telephone may be equipped with a dial you should continue to use it in the present manner until the dial equipment is put into operation June 6. 1553. Mr. Ryan pointed tout that during this .conversion period extension telephones and. colored telephones may be installed withoutthe usual service charge; however, there is a small onetime one-time only charge for the colored telephones. Mr. Ryan said, effective June ; 6, 1959 all of the telephone nam- bers in the American Fork and. Lehi area will change. The new; telephone nunybers will contain j a prefix name of SKyline 6 ! for the American Fork area and' pdrter 8 for the Lehi area. Each of the prefix names will) be followed by four numerals. A 5 typical telephone number would; be SK 6-7106 in American Fork? a nrt fr 8-4infi in ffhi rnt:l net total outlays will be above m-zm stnte nn io'rt' Center Tcl.-AnvFork- should continue to use w their i present telephone number. ""V I VA1T UNTIL NOU SEE THE F -v . aJJILj. CAR I JUST BdUGHT Til III! I 1 1 I lJ( VOULL ELOPE AW-CS xX 1 '' TiilPAllOGOS O0T0R GO. Your rVien.dlT Chevrolet t)ca.ler NOTJCjOEBOND-ELECFION- THE BOARD OF EDUCATION OF ALPINE SCHOOL DISTRICT, UTAH COUNTY, UTAH PUBLIC NOTICE IS HEREBY GIVEN that a special electees will be held in Alpine School District, Utah County, state cf Utah, n the 20th day of January, 1959, at which election there shall be sx omitted to the registered voters who have paid a property tax within said district, during the year next preceding such election, Mao following questi6n, to wit: - Shall the Board of Education of Alpine. School District, ttah County. State of Utah, be authorized to issue and sell bonds tf the district in the 'amount of One Million. Four Hundred Fifty Thousand Dollars ($1,450,000.00), in denominations f One Thousand Thous-and Dollars ($1,000.00 each, numbered 1 to 1450 inclusive. 'beartn? interest at a rate not to exceed four per centum (4f per nn t be dated March 1, 1959. and to mature serially, as follows: $150,000.00 $150,000.00 $150,000.00 $300,000.00 $700,000.00 March 1. 19G4 March 1. 1965 March 1, 1966 March 1. 1967 March 1. 1963 for the purpose of raising money for purchasing school sites for building or purchasing one or more school houses and suppljt the same with furniture and apparatus and for improving the gjoands. Said election to be held irr the five (5) school representative precincts and the polling places within said precincts and the judges who have been appointed to conduct: the election are aa Jtollowa: . FIRST SCHOOL REPRESENTATIVE PRECINCT TUng Districts (Part of 1,2) 3. 5, 7.9,11, LaJteview, and Vineyard Polling Places Westmore School Orem, Utah Judges ( Uectiwa Grace Spaalfeg LaVon Oveson ; .Verda Madsea v SECOND SCHOOL REPRESENTATIVE PRECINCT 1. 2, J.4, 8,6 Pleasant Grove City Hall Pleasant Grove, Utah Margaret Atwood Cumorah CuITtmcre Florence GUI-man, THIRD SCHOOL REPRESENTATIVE PRECINCT Nob. 1.2.3. 4. 5, 6,7, 8, AJpino, and Highland Legioa Hall American Fork, Utah Florence Strong Mary McTague . Vilate Vamey . FOURTH SCHOOL REPRESENTATIVE PRECINCT Kom, 1, 2, 3. 4, Lehi Memorial Hall LaVerda Peterson rairfield and Cedar Valley Lehi, Utah Leota Fetersoa ' . . Mary Andersoa . FIFTH SCHOOL REPRESENTATIVE PRECINCT Part of 1-2). 4, 6, 8, 10, 12, Orem City Hall Pleasant View 1 - 2 OrenyJJtah Florence TaySoc Loreen. Bliss - Myrl Jacob ' The voting at such election shall be by ballot, which balLjU will be furnished by the Clerk of the Board of Education of Alriae School District to the judges of the election, to be by thera f-ar Ished to the qualified voters. . The polls at each polling place shall be opened at the Lear cf t:uuo ciock a. m. ana win be kept open until and will be closed as ine nour or :uu ocjock p. M No" person shall be permitted to vote at said election unless he ahall be a registered voter residing in the School RecresentatiTe Precinct in which he offers to vote and shall have paid a prcperty tax in said school district during the year next preceding soch election. IN WITNESS WHEREOF, the Board of Education cf Alpine School District, Utah County, State of Utah, has caused this cccxe to be given as required by law this 5th day of January, 1S5J. ' FRANK C. GREENWOOD, President Board of Education of Alpine School Distrtct. ' Utah County, State of Utah (SEAL) Attest: Clerk, Board or Education of , - Alpine School District . ' Utah County, State of Utah Publication Dates: January 8, 15, 1959 ANNUAL DRAPERY AND SLIP COVER SALE NOW IN PROGRESS '.fcl f -i m i , e4lii JL14 'ftja r ij JANUARY IS EXTRA - VALUE MONTH at SIMMONS' CARLOAD BARGAIN-SALE - WON TAYLOR RUSSEU On Sleep Ensembks SAVE s3995 jJ J . on the krp King" cr tH "Back Guard." by by3 tH Mattress and Cox Spring m one unit. SAVE 50 ON All LABOR . COSTS atake ynr aelectioB now, from the huge ia wr Drapery Dept. We'U reserve aitar in the Spring, after housecleaoing time. Regular pay befi'j after iastallatioa. ' U NEW. SPRING FABRICS ARE HERE U Yom eaa Mve 50 11 SUp-cover labor costs as well marl-4owas mi clearance patterns. .Make your selectloa n a rup rf fabrics selling from 5165 to $2 50 per yd. '1 AH Custom-Tailored to Your Furniture CHAIR $17.95 SOFA $29.95 DEXTER TW1N-A-MATIC WASHER SALE $40.00 M PREMIUMS PLUS LIBERAL TRADE-INS aa?sN. Dom AM - QO -4wie A Ail v3aj C W--- Talawt -'P P $25.C 3 - S ef Kins Tubs j I S15.C0 aOpcSetofSneef, .V ' I a Genuine fwR-sIaa HiDE-A-BEDS flaiiMt Factorr 'Oarer OnriiM SAVE S69 KTLON" tweed triete rpbolstery wiai - - raTer&ible Boautrest Cushioos. THESE WERS CTS Dariax Tais Sal S219 In Tweed Cer $198 STUDIO SOFA ft urn rit a in REDUCED SI 0.00 ' J during Jon. Sola 1 5,69 S159 Haavy frieza covars. Sofa make a comforlabla yf PAY 0?ttT $30 " b'ooM $59.95 ll vdLlkk2:' . " Jr' Simmons "Sleep King" i j ' V X -Box Spring, if yow Ti NSV J rr $59.95 Mattress ?J Vy41 and Box Spring J ifcy PAY 0JUY $20 " M lrfS F- this Famous $69.50 1 0?- Orthopie -Back GuafcT i vSCv. $69.50 Mattress ond V $40X3 20 pc Set of Sheets and Towels . IN PREMIUMS-PLUS PREMIUMS-PLUS ... . Liberal Trade-In ' lgiWlillJilWii...n,tHsJ TWO BIG FACTORY SPECIAlk IN ALL-WOOL BROADL00M f JANUARY BONUS SALE ON BEDROOM SUITES T5Rt. dose-packed loop texture wears and wears. Comes In four beaut if uC colors. Regular $9.75' sq. yd. Special for Jan. Sale $T95 ' JmrocJ ErooJlooai In high and low looped texture. ond Row $C95 Reg. $7.95 sq. yd. - During Sab IZ213 CCV.TI-5 YIASSTO PAT 1 L i ,1 ' ' ' ..... J ! I FS'R?' 1 ' lr ' 0 This typical modern suit On Suites from $150 to $200 " -a $21.95 Minuet Spread is Included. . On Suites from $200 to $250, a MinuetSpread and two $7.65 Boudoir Lamps. ta To UsSmamf with excaHent constntcttoai - - - - - . .-.-.i..-.. ........ . . 1 WVt $T On Suites above $250, $50.00 Spring-tilled Mattress and Box Spring is Included. - |