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Show The Leader Tremonton, Utah Thursday, July 22, 1965 RE POUT 'OF COttomCN OP BEAR RIVEII STATE BANK of TREMONTON in the State of UTAH of business on June 30, 1965 at the close This column ceives letters Uali Economy Expanding SEAT THE DRIVER'S regularly refrom readers Reports First Security Bank who have questions. This week .ve'll answer a few of them. Q. "Does it take any longer to stop a (big) car than a (small) car?" BP, Chicago. A. No. under the same road conditions, it takes no longer n to stop a Cadillac than a from the same speeds. I Volks-wago- ASSETS Cash, balances with other banks, and cash items in process of collection United States Government obligations, direct and guaranteed Obligations of States and political subdivisions other bonds, notes, and debentures (including $ securities 6f Federal agencies and corporations not guaranteed by U.S.) Corporate stocks (including $ stock of Federal Reserve Bank) Loans and discounts (including $9,790.74 overdrafts) Bank premises owned $ None, furniture and fixtures $37,692.73 Real estate owned other than bank premises Investments and other assets indirectly representing bank premises or other real estate Customers' liability to this bank on acceptances outstanding Other assets TOTAL ASSETS Oolldrs Cts 402,160.79 343,29.1.44 31,292.70 None None 1,613.625.42 37,692.73 None None None 6,204.24 2,439,274.32 LIABILITIES Demand deposits of individuals, partnerships, and corporations Time and savings deposits of individuals, partnerships, and corporations Deposits of United States Government (including postal savings) Deposits of States and political subdivisions 664,376.50 1,087,877.12 18.75 414,733.96 of banks None Deposits Certified and officers' checks, etc TOTAL DEPOSITS $2,182,595.52 $ 837,075.19 (a Total demand deposits b Total time and savings deposits .. $1,345,520.33 on bank Mortgages or other liens $ on other real estate premises and $ Rediscounts and other liabilities for borrowed money Acceptances executed by or for account of this bank and outstanding Other liabilities TOTAL LIABILITIES 15,589.19 None None None 46,273.27 2,228,868.79 CAPITAL ACCOUNTS Common stock, total par value Capital: a share ($125,000.00) (b'Preferred stock, total par value $None, total retirable value $ C Capital notes and debentures $None $50.00 per 125,000.00 70,000.00 15,405.53 210,405.53 little "I've heard they're trying to get all highway signs to mean the same thing everywhere. They might be making progress in the cities, but I don't see much change (in the country." TL, Rome, Georgia. to appear A. It's beginning likely that the U.S. Bureau of Public Roads will get caught with its pants down on January 1, 1967, the deadline it set for itself for nationwide uniform Farthest behind are signing. None ' bank, do Stenquist, Cashier, of the condition is true of this that report solemnly and correct, to the best of my knowledge and belief. I. Donald G. above-name- d SWEAR-AFFIR- Correct Attest: State of Utah. County of ss: Box Elder Sworn to and subscribed before me this 13th day of July, Donald G, Stenquist Directors: Wayne Sandall, Director Charles J. Wood, Director Russell B. Webb, Director 1965. Harry Drew. Notary Public My com. expires STATE OF UTAH Office of the Bank Commissioner do hereby certify I, Spencer C. Taylor, Bank Commissioner, that the foregoing is a true and correct copy of the statement of the above named bank, filed in this office on July 14, 1965. Spencer C. Taylor Bank Commissioner grandparents. V; ' The News Letter, - . :: f Mr. and Mrs. Bill Liston and. family of Idaho Falls were weekend guests at the home of Mr. and Mrs. Kennard Hales in the Tremonton. Also spending weekend at the Hales home were Mrs. Peggy John and three children of Malad. rural roads, with new signs, especially reflective signs that glow at night, are needed most Have you ever driven through a rural intersection before you even saw it? Q. "Are any electronic highways being built (or) . . . scheduled to be built anywhere?" RC, Pasadena, Calif. as far as we know. A. No Specifications for such a highway system were drafted by students at Massachusetts Institute of Technology recently. Entering electronic roads, drivers of special cars would push punched cards, indicating des- tination into boxes. Then they would snooze as their cars traveled at high speed, without being steered, to garages near their offices. 1. 1 A Ml - . 1141 BEfeg j Local Elders Serve Together ed in Kontanz, Germany, in the newly formed South German Mission, which consists of the former South German and the Bavarian Missions. They are both working in the capacity of In Germany District leader and report they are enjoying their work in that country very much. Former school mates at Bear River High school are now laboring as partners and serving as missionaries for the Church of Jesus Christ of Latter-day Saints. The missionaries are Elder David R. Hunsaker, son of Mr. and Mrs. Reginald Hunsaker of Elwood and Elder Jay A. Taylor, son of Mr. and Mrs. Glen Taylor, now of Brigham City, formerly of Garland. The two young men are locat We think the MIT students sparking when they thought of the electronic road ,but they'll probably burn out their fuses before we see anything like it. The two also report that the Mormon Pavilion at the World's Fair is having considerable affect on the people in their district, as they are showing the film, "Man's Search of Happiness", to the people with whom they meet. They enjoy reading The Leader which brings them news from home, and send their greetings to all their friends in the valley. and Includes: H5 ROOM ' CONTINENTAL .J Oc . TP X Hl A; s a,!s Total Cost BREAKFAST STEAK DINNER FOR TWO availability RAMADA INN 24th and Adams Avenue r Good any Friday, Saturday or Sunday pose some problems. Price at 36 cents a pound for copper is apparently qu'te stable, and there has been might The treasure house was gleaming, vast. But it would take the might of men To guard and make the dower last Lights gleam along the valley side To limn ah army's enterprise That step by step, in giant stride, Makes mountains fall arid hopes arise. " , , t 1 ' f-- 1 The poem above, a tribute to the thousands of Utah Cooper peonte who helped make the Oaulrrh Dream come true, depicts only one chapter ofpioneering in Uta On the occasion of this year's "Days of "47" observance, Kennecott salutes all oj Utah s pioneers. ' Ufflte t rices Paid for Grain Grain Co i 3rd E. TREMONTON. UTAH Kennecott Copper Corporation Utah Copper Division EARL H. STOHL p 57-2- 2 01 W-- mM$$r Y'y ly f READY TO RECEIVE AND PROCESS CRAIN 170 No. For Example: Oirne in Saturday Mcrning, stay until Sunday Evening. y A miracle had happened then; Vv & PLUS TAX The giant roused him grudgingly To stave his final day of doom, But stubborn men audaciously " Walked thence into his ancient room. They hacked his thews and cracked his seams And brought his mighty girders down. For they were men who had the dreams No skeptic voice can ever drown. 0! Stohf Feed & a Nite Per Couple FIRE DAMAGE REPAIRED Top 2 Days t iTf; N prices The Ogden RAMADA INN presents Ogden's Greatest Weekend Package Plan Personal income in the state for the first half of the year was estimated at $1,130 million, some $60 million above that reported for the same period in 1964. The News Letter foresees the third quarter situation as excellent, especially as related to metals and certain other mineral industries. According to the quarterly bank publication, the value of minerals to Jae produced in Utah in 1965 should equal previous records. Steel production cont'nues at capacity levels in Utah County, copper production is on a seven-da- y operating basis, and lead and zinc production were running ahead of 1964 levels until when a strike closed the state's largest lead-zin- c mine at Lark and the custom mill at Midvale. Steel fabricators report some increase in orders, although mid-Ma- ap- In the Oquirrh hills a giant" slept. Stout men who heard the lore Knocked on the gate where time had kept An endless watch on precious store Of copper treasure held in trust For generations that would come Of royal breed with aim and thrust For doing what could not be done. n h is edited by First Security Corporation vice president and economist Dr. EIRoy Nelson, points out that since April increased demand for metal and certain other minerals, and the processing of these raw materials, have given the economy a significant boost. Retail sales have also increased substanti- - ' is proximately 14 per cent below last year, and although new wells are being drilled and others expanded, production for this year will riot equal that of The Oquirrh Dream George Roberts, 90 year old brother of James Roberts of Elwood spent a few days in the valley visiting with his relatives. He accompanied two of his daughters and a on a pet plane trip to California to visit other members of his family. They brought the party to Utah by car and the Illinois group planned to leave last week to return home. James Roberts reports that his brother, George was the one who helped him emigrate to America in 1908. The elder Mr. Roberts was all wonder that he could get from Illinois to California in four hours and see very little except beautiful clouds. Mrs. Pearl Burkhart and Mrs. Ruby Stone of Ogden left by train Monday evening for Denver to be with their sister, Verna Norberg who is seriously ill in a Denver hospital. Another sister, Vaudis Heinz flew to Denver from her home in which Oil production Security. ally. Elder Jay A. Taylor and Elder David R. Hunsaker bicycling as they do missionary work in England. 1 2) .JSC: Q. VISITS SISTER WHO IS ILL And-reaso- n j -- H: 1 90 YEAR OLD TAKES JET RIDE repurchase) Weekend guests at the home of Mr. and Mrs. Henry Foxley were Mr. and Mrs. Curtis and family of Moab. Andreason Kathleen remained to spend the summer with her ii v-ir- . 2,439,274.32 MEMORANDA Assets pledged or assigned to secure liabilities and for other purposes (including notes and bill rediscounted and securities sold with to other were Surplus Undivided profits ... TOTAL CAPITAL ACCOUNTS TOTAL LIABILITIES AND CAPITAL ACCOUNTS agreement Here are some known facts about stopping: You can stop your car faster on dry pavement by depressing your brake pedal and holding it there than by "pumping" it. And, a car with new tires stops no faster than a car on dry pavewith bald tires ment. On wet pavement, however, new tires stop faster. So do the cars using them. some acceleration in capital expenditures at Kennecott to speed up output capacity. Fertilizer output, including the phosphates, potash, and nitrogen, is expected to establish new records, and coal output in the state is continuing above 1964 levels, says First The economy of Utah expand-- , eJ considerably during the second quarter of 1965, and the outlook for the next few months L excellent. This is the report of First Security Bank's News Letter being distributed this .week, it was announced by Jack Shum-waVice President and Manager, Tremonton Office. peak years. The agricultural outlook has improved considerably, and anticipated cash receipts from farming' in 1965 are now estimated somewhat above the total of $160 million reported last year. Increases in prices for livestock have accounted for the major source of cash farm income, reports the News Letter. The price of cattle has increased $7 approximately frora last year and $3 since March, a factor which has given a boyuancy to the economy of most areas of the state. Lamb and turkey prices are also higher. 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