OCR Text |
Show 1 Paf ! -- THE HERALD, Provo, I'tah. Sunday, Jur 10. 19TJ Investment Firm Locates New tfheBnilrMHfrnla Business News Office in Provo New Account Executives Added to Herald Staff Two new account executives dded to the have been advertising staft of The Daily Herald Cwdell Staker, a native of Idaho Falls, Ida , and Arden Draeger, from Fed du Lac, Wis., have assumed their duties recently at the paper. Mr. Staker, who graduates this Chez Marquise Young year from Brigham University with a degree in Chez Marquise Diamonds, a jewelry firm located in Provo for the past four years, has opened at a new location in the Continental on Plaza West Center. In addition to the store's selection of diamonds and engagement settings, the Chez Marquise is now carrying a line of high quality watches and other outstanding jewelry items. The store's, owner, Terry Jamett, entered the jewelry profession almost by accident. While a student at BYU some years ago, he and i friend helped sell some diamonds left in the estate of one cf his friend's relatives. One thing led to another, and Mr. Jarrett found himself in the diamond business. He has since work t I Local Steel Plant Honored by Veterans ( Capita V The I , (J- - - ! . 7 . research 1973 bulletin, says, while Utah ranks fourth in the nation in state and local expenditures for all education as a per cent of personal income, it ranks 44th among the 50 states in current I" 1 " f i ARDEN DRAFGER ft 1 1 TERRY JARRETT been trained in setting stones by a jeweler from Salt Lake City. "It is largely an apprentice-typ- e of training in this business." lie explained. "Few schools train jewelers in regular class situations." He got the training because he told the jeweler that he would be interested in buying findings if the man would show him something about working' with precious stones. He is not a stone cutter, however, and all of the store's diamonds are imported through Antwerp, Belgium. "It's funny. I spent some time in Antwerp, and I never got to see the diamond business remarked Mr. Jarrett. there." Shannon, plant superintendent. The award is ideally an annual presentation, but according to Madsen, "we rarely find a recipient wonhy in Utah, either because there aren't WASHINGTON years of decline (UPI) -- After which ranch- ers blamed partly on the naimports tion's mink industry appears to any be g expanding modestly in 1973. expenditures per public school qualified, or because those The Agriculture Department student in average daily concerns that are qualified just Mingo unrecorded." The award says Wisconsin, Utah and attendance. the nations three larhasn't been presented for at least nesota led gest mink producing states six years. the turnaround as prices this During the past year, 60 per year increased 60 per cent per cent of the steel plant's new hires pelt after low years in 1970 and were veterans, included among 1971. that group were several disabled A departmental survey shows vets. The plant restructed ranchers have bred 901,000 fethemselves attractive to steel several jobs so that the males to produce kits baby would be able to mink-t- his year. That figure is companies as potential handicapped their employment up 5 per cent from 1972 and long-terbuyers, as opposed to fulfill within the plant. obligations represents the first upturn since months when six the only ago the department began keeping pressure was all on the mills. "We feel a responsibility to statistics in 1969. Customers were demanding and explained deJong The upturn was due to a subsociety." getting price discounts running as high as $40 a ton on some "veterans, members of minority stantial improvement in prices, forms of steel. And, they were races all deserve a chance at a which had been relatively low for several years. It came on the successfully pressuring mills to job." heels of a sharp decline in inventories for them. carry their Mr. deJong doesn't hire In contrast, steel company imports, which ranchers claimed veterans just because of his had plagued them for several sales executives say that today to society. years. they are not only realizing their responsibility "Veterans seem to usually be a Commerce Department recpublished prices but are being more mature person," he ords show imports dropped from offered premiums from explained. "They have been in 3.5 million pelts in 1969 to 2.6 buyers. One steel situations where they had to take million in 1972. During the same company reports that some customers have even offered to pay more of the freight costs than has been customary. A user of steel plates says he can't get onto the order books of one of his suppliers unless that supplier is permitted to do some of the machining that the user previously had done himself. Industry Week reported. There is no slackening in the heavily demanded products such 'Precious Metal' Today Probably Means Steel June hear 4 If you CLEVELAND, people talking today about precious metals, don't assume they're referring to gold, silver, or platinum; they may be talking about steel, Industry Week said today. The steel market is now the tightest it has been in years not only in this country but throughout the world, the magazine for managers pointed out. The market situation is completely the reverse of conditions in the last few years when customers were in the driver's seat. Today in the marketplace it's up to customers to prove , Monday The stcre handles quality merchandise, but also handlei Stan's Drive In, formerly everyday, less expensive jewelry Stan's Arctic Circle located at as well, says Mr. Jarrett. 525 N. 900 East in Provo will Monday at 11 a.m. after completing some remodeling. New equipment and new seating have been added according to owner Stan Taylor. Consumers Warned About Ads as sheets, strip, bars, and reds, while there is an increasing demand for plates and structural shapes. states western Grand Opening For electronic investment Grocers Wholesale Grocers Wholesale, a division Foods, held its grand opening Thursday through Saturday at 1240 W. 55 N. Provo. The new wholesale cash and carry store will supply small of Associated merchants I J Bern m dSF5?fc JfSave fC iQflttUl liCH li Cm Provide Avenge Return -- 25 Per Annum of 20 Scotch whisky has had the greatest capital tain percentagewise than any other major commodity in the last 20 yean. For urlher information call or wrilt Ida? House Scotch Whisky, Lid St, N.Y N.Y. 10019 0 V (212)) 39 West 55 JF R STRETCH le3A.3408.340CBlooo 3 tricotcuM stretch strapt NowonM . 1 Mv J ntfu' i Kx Sty t0-o- 40! tat Sfars Trade Check Your Evaporative Cooler I'lv-S-aM- tn Check-- l p Prur Kassarjian told a Senate subcommittee investigating advertising that "middle-age- d consumers have that LSMFT -L- ucky Strike and that Means Fine Tobacco Winstons Taste Good Like A your lot free. Capp carpenters erect and enclose your home. Save 20 by acting as your own contractor and subcontracting the finishing ... up to 40 by doing the easy finishing yourself. Nowhere else can you get so much for your money! No closing costs, points, or hidden charges. Find out about Capp Homes and start your beautiful new Capp Home now just where you want it! Contact your Capp Homes representative Several 1 ( tarry Toggart 1963 S. 1200 E. 404 Salt lake City, Utah 84105 nH(,Kn on Sai This low price includes lube, pad replacement, water treatment Ph: MAIL COUPON TODAY and 801466-458- 1 IIIIIIIIIIIIIIIIIHIII f'oi m " deodorizing. to ctmxma Da. U.r.9 4 Grant Lin Road Elk Grave, Calilorr.ii iU24 Wim not m M m Cm DEPARMENT c SEARS-PRO-VO d Shop Mon. thru Fri. 9.30 a.m. till 9 p.m. Saturday till 6 p.m. Sears Mill. MXUCK MS CO Closed Sunday S tunc KtNf 3 1973 7 . 1 X 200 NORTH 2ND WEST, PROVO full cc'of new horn STORE 44 trims g :iml !!! iMMiiawaiNiai S!!SSS!!SS! jKj V ffXt'VVl -- l'imi t 3 tt Get more for your home dollar with a beautiful Capp Home built the way you want it! More space. More quality. More choice of styles and plans. And you C3n save 20 to Capp delivers all materials to Commission in its studies of consumer behavior, said memorable ads are often not completely forgotten "for many years and even many decades." cases where correcwould be tive advertising required are pending before the FTC, including actions against the major aspirin makers which the agency alleges have been guilty of false advertising. expects INVEST IN on these great Playtex Stytes SrtM"oSSTOUnMETSllOMTWDDr:0 li. w Kassarjian, on leave from a professorship at the University of California at Los Angeles to Federal and the larger frm patronage markets also It is located in the former Utah Packers Cannery building, which has been extensively renovated. Jim Devisser is manager of the new wholesale operation. Greg Utleyt is foreman. -- I consumers "unlearn" deceptive ads they have been exposed to over the years. the investment circles and the industry has honored him with just about all responsible positions at the national level. He is a past president of the Board of Governors of the Assn. of Stock Exchange firms, has served as board chairman of the National Assn. of Securities Dealers, has been a member of the Board of Governors of the Investment Bankers Assn., and served a three-yea- r term as a member of the Board of Governors of the New York Stock Exchange. In addition to the Provo, Salt Lake City and three Denver STANLEY COLLINS offices, the firm has branches in New York City, Boise, Boulder, residents. Stanley E. Collins is Colorado Springs, the account executive in charge Greeley, Glenwood Pueblo, Springs, of the Provo office. Aspen, Casper, Cheyenne and Pleased to Be id Provo Sheridan. Haroldsen said, "We are most have office a to Provo pleased and to have these highly regarded men on our staff. The new office is attractive, provides a pleasant working environment and is equipped with the newest communications facilities." A graduate of Utah State period, the price of pelts dropped University, Haroldsen spent from $13 20 in 19, to $9.50 in most of his life in Utah and was a 1971. The price rose to $11.40 missionary for the LDS Church apeice last year and mink pelts for two years in England. His brought $15 each in the first father. Dr. Edwin O. Haroldsen, is head of the Communications quarter of this year. Department at Brigham Young the dedrastic During price University. Mark Haroldsen of number the and ranches cline, became manager of Bosworth, production in the United States tumbled by about 50 per cent. Sullivan & Company's Salt Lake The number of ranches slid from City office last year. The new Provo office is 2.794 in 1969 to 1,379 in 1972. The number of pelts produced equipped with five Ultronic quotation, dropped from 5.7 million in 1969 Videomaster with a mchine to slightly less than 3 million last machines, for customer use, a available year. Dow Jones news teletype and an The department report shows investment library. Wisconsin still the nation's Founded in 1916 mink with state leading ranching Sullivan & Bosworth, 322 ranches in 1972, a decline of Company, founded in 1916, is well 12 per cent from 1971. Utah ranked second with 225 ranches, known in the Mountain States and investment down from 261 in 1971. And brokerage business. It has 16 banking Minnesota remained third with offices in Colorado, Wyoming, 162 ranches last year compared New York, Idaho and Utah. with 193 the year before. In breeding, Minnesota was out The firm maintains a large in front with a 9 per cent increase research department in Denver in 1973. Utah was second, up 6 per and utilizes the additional cent. And Wisconsin's production research facilities of Pershing & was up 5 per cent. Co.. New York correspondent. () evans products company by These inclule a bond department, a employed in Provo by a New mutual fund department, a York Stock Exchange member church bond department and a firm. They are Stanley E. corporate finance department. Collins. Joseph I. Ollivier. Jr.. The firm has been the Duaine J. Hunter and Stanley H. managing underwriter of Salt Walker. All four men are Provo take Cit) s Fashion Fabrics and F-Truck Line Co. stock offerings. John J. Sullivan. Board Chairman and Chief Executive Officer of the firm, has become widely known as a leader in help assist headed departments caFP conn r Sears Trie Provo office is staffed by four experienced account specialists executives, ail formerly mumpal MORE FOR YOUR MONEY e fl oivisiOfiOF I high-spee- d BUILD long-tim- n new communications we can provide equipment, Provo investors with current data on companies and their securities without delay." Bosworth. Sullivan & Company has a number of separate hard-presse- d UflVe ID tO Re-ope- WASHINGTON (UPI) Government consultant Harold H. Kassarjian said Wednesday a counter campaign against some kinds of advertising is needed to -- Education W.B. Utah Association's S 'Modest Expansion' For Mink Industry The award was presented by Dale Madsen, for officer of the VFW Employment Utah's expenditures for the State education are high per taxpayer, of Utah to Dick deJong, General but low per student. Manager of the plant, and to SALT LAKE CITY (UPI) and manager of the Lake City office. The firm's new street level office is at 46 North University Allen Arcade Avenue in tl Building The telephone number president Rd A Mark O Denver research facilities. assistant vice Pershing & Co., Argus and our by ftmv. Salt I ! ! while announced Haroldsen, with J aysonaced Fielding Ni'Ntm, an account executive for Gtlham Advertising in Salt Lake public City. He did some relations work in France for the in BYU Folk Dancers. Falls and the He is ma.ned to the former local well as a as Price, weekly Susan Driggs of Pleasant Grove, paper and they live in Orem. Mr. Draeger entered the field of advertising almost by accident, but has found that he really loves the challenge of helping clients with diverse needs. A native of Wisconsin, he came PITTSBURGH DES MOINE Steel plant Manager, and W.B. Shannon plant to Utah from a newspaper in representative! receiving the "Employer of superintendent, middle. Presenting the Fond du Lac where he had been f the Year" award from the Utah Y'terani ot award it Dale Madsen, YFW Emplojment in advertising for five years. Officer for Utah. Foreign Wart are Dick deJong, left, General i Before that, he was a methods and for Lewis, Giddings engineer a company in Fond du Lac. Most of his background before entering the newspaper field was in industrial engineering. "I was between jobs, and I about the advertising heard : 'J v , opening in Fond du Lac," he recalls. He later turned down an offer to return to engineering. "I have really enjoyed meeting orders because it was a necessity five or six years they have really the people in this area," he adds. By SCOTT CANDUND of life. We also have to give stressed the employment of the He is married and he and his Pittsburgh Des Moine Steel's orders CORDKLL STAKER here," he continued, "we veterans "Since Viet Nam vets wife have one child. Before Provo plant has been named don't try and run a military type started returning," he explained, of the Year" by the coming to Utah, he was an active "Employer operation but certain things have "we have paid close attention to stock outboard racer, and he is Utah Veterans of Foreign Wars. to be done without an their needs." still interested in golfing, fishing "We appreciate presenting this explanation." The was award presented to and hunting. concluded Madsen, Mr. Shannon the award," that explained the local branch of the large steel to deJong, "you have first speaking started plant hiring firm of because their production veterans after the Korean served your community, you Per Costs willingness, and success in hiring but that during the last didn't just woi k for the award." conflict, both able and military veterans, For Education High disabled. and an emphasis in advertising, has diie newspaper advertising on several papers He has worked for the Post Register in Idaho Communications f Moves mi OI He first became interested in advertising The investment firm of and Argus Research, also of New Boswonh, Sullivan L Company York. now has an office tn Provo. it as Haroldsen said. "Between the i |