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Show SUNDAY HERALD Ji Interest Du;:.::A:. CO 9 American Oil Sets Meeting Here April! 12 Utah AISE Awarded Plaque To Hear of Rilchins, Clayson & os , dining room in Provo Wednesday, April 12 at 6:30 p.m. at which approximately 150 dealers and agents and their salesmen will be informed about AmerThe lower interest rate applies ican Oil Company advertising and plans for 1961. only to loans approved after this merchandising one of series of meetings This is date. The established interest being held throughout the . five-starate, 54 per cent on direct loans Utoco ' division of Amerito small firms and local devel- can Oil Company, which includes opment companies, continues in Utah, Idaho, and sections of Oreall other areas, Mr. Smethills gon, Washington and Nevada. A. J, Badger, regional manager and stressed. Mr. Smethills said the action is P. L. Vander Jagt, regional markbeing taken as a further step to eting manager, will be the speakgive a lift to. economic activity ers, with Mr. Pack conducting. Supervising the arrangements and employment in vdepressed are J. R. Anderson, sales proareas. motion and advertising manager; George '., Hinckley, i manager employe and public relations; Fred B 1 a t z, merchandise manager, tires, batteries and accessories; merchandise L. Kammerman, W. Lee Wright, manager retail; u c tion, superintendent trol and diet continues to gain," maintenance; Paul Limburg, emMr. Young said. .He added that ploye and public relation's. As of Jan. 1, 1961, Utah Oil Re. United States Department of Agr riculture studies show that last fining Company was merged with year the average American con- American Oil Company, asof part the sumed 1,488 pounds of food, a de- of the corporate change cline from 1,525 pounds in 1950 parent company, Standard Oil and 1,514 pounds in 1955. Company (Indiana). "The study shows that milk and its products with the exception of butter last year provided 28 per cent, or 414 pounds, of the av erage American's food supply," Mr. Young said. "Yet that 28 per While visiting in PAYSON cent took only 19 cents out of each Payson, C. J. Brude of Omaha, market basket dollar." He added Neb., was informed that he has that last year farmers received been promoted to a position as treasurer of the Cudahay Packing approximately 39 per cent retail price paid for farm pro- Co., on a national basis. Mr. duced foods. Brude has been assistant to the Loans Decreased To. 4 Effective immediately, interest rates on Small- Business Administration loans to small firms and to local and state development companies in areas of substantial labor surplus will be lowered to four per cent, "SBA Regional Director Harold R. Smethills an: - nounced. "The new 4 per cent interest rate will apply only in substantial labor surplus areas, as classified by the U. S. Department of Labor, Mr. Smethills emphasized. Dairy Leader Returns From East, Says Mi lie Use Gains Americans are drinking more milk," a Utah dairy leader said Monday folloving his return from attending high level meetings in the , East of .the American Dairy Association and the National , Dairy Council. He is Welby W. Young, Heber City, president of the American Dairy Association, of Utah,; : "In terms of liquid quarts; Americans are drinking more milk as interest in weight con-- A Land Bank Cuts Interest Rate . . ive xe-port- ,09 . constr Czech-oslovaki- SHOES durable, scrubablo and Light-weigh- t, in favorite styles for all tho family, Gay tit one-eyel- et colors. sizes.: In assorted Women's and misses ; ' $n99 an Crepe sole oxford.- - One of Goodrich's Posture , Foundation style. Men and boys' ' sizes. j Manganese, one of the constituents of trace mineralized stock salt, is important if cattle are to make, good use of the calcium and phosphorus in their, rations. : . $49 Women's Sizes . . ; . 54' ; Packing Company Promotes Brude WHEN treasurer for some time.! He and his wife, the? former Garlydene Robinson, Wave been guests at the home of her imother, Mrs. Mable Robinson, who is ill. Insurance Kennecott Buys 4 Mining District ONLY THE Kennecott Copper Corporation The 1958 annua j report of Kenhas purchased four patented min- necott announced that mineralizaing claims in the East Untie Dis- tion was discovered in the East trict of Utah from Silver Shield Mining. Company, it was announc- Tintic District and the 1960 re' ed today. port recently issued noted that Although there, was some devel- this silver, lead and zinc property opment work on these properties entered the development stage incline shaft in the 1920s and early thirties, last year. '.A it is not known whether there was started in 1960 to open up lower any mineral production. Old maps leyels of the ore body to develshow about 3,700 feet of horizontal opment and sampling will be com' level. workings on the pleted in 1961. SHOP IN DISPLAY Claim Service . -- J AUTO GLASS THE AREA TO THIS EMBLEM W. P. FULLER 70 E. 1st North 900-fo- ot with Posture Foundation. 5) $l99 fro TODAY FOR ' "WHAT YOU SHOULD BEFORE YOU BUY A DIAMOND" ' mjjjHjj fa mm WRITE KNOW I gu jl ; GLASS CO. FR & 285 60 INC. fmgrm f utotKtl 164 WEST 3 DIAMOND AUTO for men and boy A favorite Cj) 'FREE BOOKLET: j 0X ' mond for you, direct from the cutter, and we guarantee it to be the best value you can find or your money back. You will pay considerably les (as much as 40 les's) for your5 Celestial Diamond, - and you will receive a written guarantee as well as the Deseret Diamond Company DIAMOND GRAPH which identifies your stone as to! carat weight, cut, color and clarity. jv 400-fo- ot fOREVIt j, and a Installation ealer t MEAN We don't sell Hiamonds in the usual sense We buy your dia- Quick I3 Installation ilutoglass YOU ''The Best Value ' You Can find or Your Money Back" ' he Claim s in ed .! Assets of Guaranty Trust Deed Corporation have grown by since its first balance sheet was published on Jan. 26, 1960, according to G. Lowfy Anderson, manager of. the Provo Branch of the,. firm. Announcement of the growth was made at a banquet attended in Salt Lake City this week by staff, members of the Provo office. K. "V. Lund, general manager, reported at the meeting that company earnings are determined on an accrual basis, and resulted, in a net deferred profit of $90,56:L55. Guaranty Trust Deed Corporation, which also has offices in Salt Lake City and Ogden, invests in real estate mortgages and deeds of trust with money invested by the public. i o-t- Glen W. Coffman, president of the Federal Land Bank Associa tion of Provo, announced today that the rate on new land bank loans has been reduced from 6 to - 5H per cent; effective April 1, 1961.; He stated that the Berkley land bank also reduced the interest rate on all its outstanding 5 and 6 per cent loans to 5 z per cent from April 1, 1961, until further notice, j The Federal Land Bank Association of Provo is one of the which associations through Land Bank loans are made in California, Arizona, Nevada, and ' Utah. Borrower - members own all of the stock hi these associations ; and the associations, in turn own all of the stock in the Berkley land bank. ", Deed Corp. Assets Climb , '. Utah Section, Association of Iron and Steel Engineers will hear a talk Monday evening, April 10, in which it will be that Soviet engineers expect product, quality and productivity of the individual worker to surpass levels of the Western worlds within the next five to ten years. f The talk will be presented at Grandview Cafe in Provo by two General Electric Company enW. E. Miller,- - mangineers ager, and R. M. Sills, application engineer, metal rolling and processing engineering, Industrial Engineering Operation. Based on, experience gained in visits to Soviets plants and in discussion' with Russian and engineers, the technical paper will report that the USSR has placed its economic future in the hands5 of the automation and systems engineer. Guaranty Trust te for Summer Russ Chains received ; & Ways to Prepare 275 S. University Ave., Provo, has an anniversary from plaque Seiberling Rub-- , ber Co. of Akron, 6hio. The plaque, marking Clay-so- n .& Richins' 35th year as, an independent Seiberling tire dealer, was presented to own- ers J. A. Claysbn and J. W. Richins. Blaine M. Pack, local district manager of American Oil Company announced yesterday that a meeting will be held at the Timp-anog- "A s Clayson-Richin- n PnMDnMV uuiiii mil No., First East, Provo, Utah CENTER Shoes For the Whole Family MILT PATTON, Mgr. Jim Evans, Asst. Mgr. 0 fa A I MM f COUNTRY- SPICE COLORS COUiXTRY - SPICE COLORS IN AC R I LAN CARPETS BY CABIN CRAFTS Cabin Crafts takes blue violet ... turquoise . green, blends tbem lightly and behold! The richest, warmest, most luminous dark green ever Country Spice "FENNEL g green! This is the secret of all new "Country Spice" colors and of their special ifi !UW1 ' deco-ratin- magic. Just put one of these new Cabin Crafts carpets on the floor . . . and watch it bring every color in your room alive. Or create a new kind of decorating harmony. Pick up the misty overtones of the four colors that went into your Country Spice shade and repeat them in fabrics paints . . . accessories. Enchanting! The pile of Acrilan acrylic and . ... modacrylic is as lush and deep as the colors! 13 superb DIXOh' TAYLOR RUSSELL 1 . I iiaoc wrm " NEW SHADES ACKYUC V xAirrr Ul , Saffron it i nr.. Paprika t. w Caraway 1 1 'i v I r . r TJkivj II I Tarragon - -- "mmmw w a I OH1 1 l.of LJII Rotamary is l 'i ' Carry II Thyiaa I v $H;yd. V ' f 'V ACRHAN rofl. T.M. f tht Chmitrand CorparotioM ' |