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Show i Restaurant To Be Built On Provo's Fifth West Street 1 restau- elaborate new be built this summer will rant, at Fifth West and First An Saturday. Architect, Bruce Dixon of Provo is drawing the plans for the 67 by 54 foot building and bids are expected to be called this week, with start of construction planned for about June 1. The Perlmans own a 200 by 200 foot piece of property on the corner, with a service station now occupying the corner lot. The restaurant will be bjiilt on an 80 by 200 the Utah County Bankers Pick New Officers - foot 1 Market Quotations mm n, Chris-tense- n, f J L Cons Eureka Croff Dragon East Standard ... East Utah Eureka Bullion . . Eureka Lilly Con Eureka Standard Great Western . . . .97H 1.00 .122 .13 .14 .06 .09 .20 .10 .05 .31 .11 1.30 .55 .02 .12 .07 4.75 .25 .03 .22 .16 .77 I. 40 4.87 .08 .20 .06 .12 .04 .07 .15 .09 .04 .25 .08 1.25 .50 .01 .11 .06 4.25 .20 .02 .20 .14 .72 1.30 4.62 .07 .18 .06 Majestic Oil Mammoth Naildriver New Park North Lily North Standard . Prk City Con ... Prosper Rico Argentine . . Silver King West . Silver Shield .... So. Standard Swansea Con Tintic Standard . United Park City Utah Idaho Sugar West Toledo Williston Zuma OVER THE COUNTER Amlgmtd. Sgr. Pfd". 9.50 56 Big Piney 73 English Oil Equity Oil First Security Intrst. Motor Lines Mtn. Fuel Supply . . . Utah So. Oil 28.00 38.0C 10.25 25.25 17.75 40.00 II. 00 26.37 19.00 6.00 6.50 . . . 13.83 16.65 16.66 13.95 18.01 18.28 10.22 12.69 22.96 Chemical Fundamental Inv. . Inc. Inv 9.45 Mass. Inv. Trust . . . 11.74 Eaton & Howard, st. 21.47 Eaton-Howar- bal.. d North. The building now under construction is estimated at approximately $40,000. It will provide for 14 bowling alleys, billiards and a cafe according to the owners, Paul, Fon and Doyle Warburton of Pleasant Grove. The building dimensions are 86 feet by 150 feet. It will be one story 10 feet high in the front and 12 feet high in the rear. Completion is scheduled for September. The owners report they have plans for making it one of the higher classed places of entertainment in the county to provide wholesome recreation. U.S. Steel Names ..... .03 .04 .0134 .18 .10 .01 .01 .25 .0534 .07 .95 4.25 .05 .29 .0234 Bapco Bee Hive Big Horn Big Indian . k" Chute Canyon Circle Cliffs New home construction Cdumex Congress Elaterite Federal Four Corner Greenriver Gold Cloud .. Gunsight Int. Oil & Met New Metals . . King Oil Lisbon Lucky Mac . Mt. Peale .. Radorock ... And now. .02V4 Elliott, new president of Utah County Bankers Association. SNIRT KILLDEER, N. D. UP )Soil conservationist R. M. Davis used the word "snirt" to describe the mixture of snow and dirt whipped into the air by winter gales in these parts. curity Bank of Spanish Fork; and Laney, State Bank of Provo. Allen .12 .14 .38 .25 .41 3.50 2.68 3.75 .06 .01 12 1.25 .87 .04 .01 .01 Shumway Standard Uran Sun Uran Tri State Upetco Uran King White Canyon Wyoming , ?V "sat 15. 1.00. 1000 at $3495 and Construction UMIIII JM'I M -- CEDAR Snri , kept in cdor fragrant t from moths, dust and Modern Cocktail Table Perfect for outdoor refreshments and t L vM$f Every girl graduate in Utah County High Schools is receiving one of these exquisite LANE miniature keepsake cedar chests, complete with lock Metal Mesh. Contour Chair enamel finish over vinyl ' Hard-bake- d Primer. OFl 1 and key. ? f 95 UMBRELLAS. GLIDERS. SWINGS, TABLES, CHAIRS A ' I ' .. .V.SViW.V Choice of lovely colors and BEAUTY - CONVENIENCE - VALUE! The Ideal Treasure, Chest n proudly presents for-- jewelry, letters, personal DD Souvenirs that call for a place of their own. . t, Si i m7J V at these to 250099 FEATURES .... ' 1 J ITaDcraft 'Dinn'erWare FROZEN STORAGE at America's finest modern "MOISTURE-SEAL- : ml GIANT TWIN Dinnerware ": ' - 30-DA- Y " SPECIAi SALE! 16.2 SQ. FT. la PETITE '23' BUL0VA 23 M '' ' ' HANDI-CHEST- S mainspring, ntlwnofnvlic, thoci two, reijionl, cond hond CONVENIENT 5930 with charcoal t ft Sets in Open Stock Keg. DOOR SHELF oll (takes V& gal. bottles) MtM L430.1l s naUcraft'c fampus oral "! , - shapes and contemporary iT" atylinr are nnnsaally j I appealinr. X ; W5 mi rm utimiiou EASY BUDGET TERMS GENEROUS TRADE-IN- S I i HARLEQUIN, BOUQUET FANTASY OR PLAIN 111 I 4- -!- - rI I I available. EXCLUSIVE BEAUTIFUL, INTERIOR COLOR . . i- .1 ;'-!. . whitE patterns are t 1 40-P-c. DURING SALE! NEW TALL BOTTLE JEWELRY COi 124 West Center, Provo ' $2795 imd o precision odus?"eft Cftif.d woterpfeof, un. wlrdiofl. i TO 1 ' $41.60 j Q " NEW TWIN We Invite Your Charge Account 71 ' V SHELF AREA 5Q80 3 i vs. i CRISPERS M INCH!! j5j III Travre ..... Chairs rhene FB - X- yfyf''' l4j $3395 COMPLETE STOCK tolio evoitobi Provo. VHh f JK Chaise Lounge Deluxe Covers $ b'otofc! Ave. I Priced from IVCtEST & j iit 5 $1595 !f N. UntTersity III! I Luxurious and comfortable . . to our fiost of fine names we add America's most famous name in fine watches TWA 8 $5650 Masterpiece of Fine Watchmaking of speaauzg Prescription HI Glider Innerspring seat cushions. Durable, Sunfast Nylonite upholstery. White, Pink or Turquoise. When a bird holds its wings out from the body during hot weather, it is doing so as a method of keeping cool. Center 4? WIIM rolled edge. Oil & Mng., 25O0 at 18. Sundance Oil, 1000 at 19. Hendricks' . White Metal Mesh Glider-Sette- e Contour shaped seats and backs with t 124. fOUS j $4995 Nev-Ta- h f j METAL MESH GLIDERS Cool and easy to keep clean! 21. Dragon, 100 at East Standard, Pillow Arm 67 POUNDS 8000 Johns-Manvill- What the market lacked in zest among the leading issues it more' than made up in specials and selected issues. General Tire was a star for a time on anticipation of big things to come out of the company's Famagusta, seaport on the east holdings in Aerojet of which it hast coast of Cyprus, was described 96 per cent of the common stock. by 14th century travelers as the The stock plummeted when it was world's richest city. n, Passenger m uMiiA e isstsssky DAILY SALES 15, .. r: Z,W9M7 shares. Red, Yellow or Green. .06 .63 .36 .58 .33 Using the Standard & Poor's index of 500 stocks as a market measurement, stocks gained 24 cents a share during the week. Trading picked up to a daily average of 2,413,570 shares from rxL-' c r .f trio nrovmiie oarr, .wQfcC comfort. Belova .02V4 05V4 . -- 3 t Heindselman 2.81 .08 .45 1.12 .07 .02 .14 1.37 1.00 .06 .02 73.46. el t'.li'.V.'.iW.'.ViV.VW .03V4 .10 , X: .12' .02 .02 .28 .06 .10 1.05 4.50 .06 .32 500-lev- ENJOYMENT .21 100 Red Hill Republic Royal February and Statistics released this week by the Bureau of Economic and Business Research at the University of Utah showed the total of new homes authorized for construction in the first quarter of 1957 fell 23 per cent below the total in the same quarter last year. For the Utah construction industry as a whole, the month of March, by contrast, was the biggest March in recent history, Osmond L. Harline, Bureau director, said. The first quarter of the new year showed 1,283 new homes authorized for construction in Utah, compared with 1,678 in the same quarter of 1956, Mr. Harline said. .044 .07 .35 Oil Securities in Utah in January, March continued the decline that overtook the home building indus- .04 es announced both General and Areo-j- et were preparing to do some new financing. However, General closed the week with a gain of 6 points. Western Maryland spurted in the rails and also had a sinking spell when an official stated there as no change in the company's dividend policy. The stock gained points for the week. Gulf Oil was the big feature in a higher oil group. It netted .10 points on the week. The leading steels about held their own. Lukens Steel fell more than 3 points. Magma Copper was down more than 3 in its section. and Chrysler Motors .. firmed while Ford eased In- the e was' up motors. 4 in the building section, nearly Of the 1.398 stocks traded, 655 gained on the week, 543 lost, and 195 held unchanged. There were 213 new highs and 66 new lows. to High Post an Utah Home Construction Continues Decline URANIUM QUOTES Adas Ex-Provo- United States Steel Homes Division of U. S. Steel Corporation today announced the appointment of a former Provo resident, Donald J. Stalker, as assistant comptroller. Mr. Stalker is a native of Duluth, Minn. He began his association with U. S. Steel in 1947 when he was employed at Provo, by the former Geneva Steel Company and subsequently by the Columbia-Genev- a Steel Division. He became associated with United States Steel Homes Division three years ago, serving as assistant to comptroller until receiving his current promotion. 24.00 22.45 w, V"-- OREM Orem will soon be provided with a large bowling alley, to be located a half block west of the Orem Safeway store on Fourth MUTUAL Canada General A at Orem try last year. ' 27.00 FUNDS Affltd. Fund, Inc. . . Bowling Alley Being Constructed 10.00 .60 .80 all-tim- industrial average and failed again. Last Monday the average during the day did. manage to get above that magic figure. Imme diately selling set in and for two sessions, prices turned down. Then they moved up again with a good rise on Friday when the an intra-daaverage touched 500.46 of it met rewhere high sistance. The industrials closed the week at 498.30, up 0.76 point from the close a week ago and just below last week's high which , in turn was best since Jan. 15. in the average is The what market men call a resistance level. It is a point at which many people want to sell stock they bought some time ago. Each time the figure is approached new selling develops. Some day if the market keeps trying it could cross the line and get into higher Dow-Jon- y Max C. HEADS BANKERS ground. None in the financial district thinks a new high will be set above the 521.05 of April 6, e 1956, the record high. For a time the railroad shares met support and on Wednesday they set a new high since Feb. 4. They declined in the two follow- ing sessions but managed to gain 0.36 point on the week. Utilities lost 0.21 to close the week at complete line of Outdoor Furniture whole family." .07 .19 .60 .08 .07 .17 .57 .08 By ELMER C. WALZER United Press Financial Editor NEW YORK (UP) Stocks tried again to clear the 500 hurdle in - the SUMMER Combined Metals Comstock X 'J- ry mu -- - . Max C. Elliott, assistant vice, president of the First Security Bank of Provo, has been elected North by Sam and Philip of the Utah County president Perlman, owners of the Bankers He succeeds Association. property, it was announced Howard Maycock, cashier of the Springville Bank. Mr. Elliott had served as vice president of the association dur ing the past year. Other new officers are Ross Nielsen, assistant cashier, Bank of Spanish Fork, vice president;; iTurnished by J. A. Hogle & and James Lytle, State Bank of Co. Member, New York Stock SUNDAY, MAY 12, 1957 HERALD secretary-treasure- r. 8 SUNDAY Provo, Utah County. Utah Exchange. 35 N. University Fred Baker, executive vice Ave. president of the panic of Utah at Ogden, addressed 32 members of DOW JONES AVERAGES the Utah County association at Rails Ind. Vol. Hourly the election meeting, held Wed11 a.m. nesday night at the Provo Utili460,000 497,13 r 37 147.33 .21 ties Center. Noon d Chosen as directors for the f 1.19 147.49 .05 920,000 497.95 coming year were Harold Ander-soProvo For Show Set Yesterday's taose Auto Festival, People's State Bank of .03 147.54 .08 Shopping 2,520,000 496.76 Three special events are being planned for the next week by American .Fork; Ertman Bank of Pleasant Grove;; Provo businessmen. SALT LAKE STOCK EXCHANGE First will be the Provo "Shopping Festival May 16, 17 and 18 in Burt Isaac, Bank of Spanish) Asked Bid Fork; Charles Dixon, First Se- which the merchants will offer special bargains. 9.00 $ 8.50 Banner stores men's the scheduled Hat will Straw be by .22 .21 Days, Second, Bristol Silver .04V4 on simultaneous dates. .03 Bullion 1.25 1.15 Third, the annual Provo Auto Show will be held Monday night, Cardiff FOR COOL .05 .04 May 20 on Center Street between First and Second West.7 toThe11 Provo Central Standard p. m. auto dealers will display 1957 model automobiles from .50 .41 Chief Con come to and invited the with "bring the .29 public .27 during the evening, See our Clayton Silver . . one-sto- 1 . lot Just south service station, fronting on Fifth West. The building is accommodate te planned about 180 people. The type of construction will permit adding another story later. Philip Perlman said Saturday the restaurant is to be leased to an association of six Chinese people from the Salt Lake and Ogden area. of Stocks Barely Fail to Clear Magic 500 Hurdle in the Week's Averages I nil, - i DIXON TAYLOR RUSSElj |