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Show 'filial: liliriit''' 3 "irtfr' wr- www w line ifcfei.. a.w Ull3 J SUNDAY HERALD Utah Personal Columbia Iron DECEMBER Utah County, Utah Income Shows Mining Company Promotes Utahn Rock Quarry Gain in 1961 (UPI) W Personal income in Utah in CEDAR of Middleton Douglas totaled approximately to supervisor Proposal Cedar City billion, some per cent over ing engineering for the Columbia Economic Gain Forecast For Coal Countic: 1 v:v:-:vx- l SUNDAY, LAKE CITY (UPI) - producing counties 1961 coal Utah's $1.81 should 5.8 some economic Two prominent Provo certified Dublic accountants undergo S. Arvid have merged their practices, it improvement in the near future, 1960's figure.. Dodge andHoward J. Smith' That is the report of First a University of Utah publication wasafitfiqunced Saturday. Bank in its Newsletter ""7" Under the merger, the partnership will be known as Dodge, predicted Security Saturday. which will be distrubuted this Smith and Company. Offices will be at 285 N. 1st E., ProvoMn ad ' The Utah Economic and Business week, it was announced Monday , dition, the firm will operate, an office in Roosevelt. Review said coal produced for by F. V. Nichols, Provo,' First Both men are graduates of BYU and both have been practicing coke and chemical mar Security vice president in charge electric, here for some years, having received CPA certification in this state. kets presages a somewhat bright of central division. er outlook for the future. "Increased employment after The review said an upward and relative stable protrend , in prices of competing fu midyear Businessman Registered With Stock Exchange duction of minerals and manu els would make coal more com facturing were all factors in the A Provo businessman, Dale H. Sansom, was numbered among petitive. First Security notes. increase," Securities "The economic improvement of "Average wages second class of- - "the the were up $19 a Sales Training School f J. A. Hogle & Co., who were awarded Utah's coal counties should fol month. Retail trade . was rela graduation certificates recently by James E. Hogle, managing part low." the review stated. tively slow until the fourth auar ner. He is associated with Harvey S. Glade, manager of the Provo Carbon and Emery Counties are ter, but Christmas season shop office of J. A. Hogle & Co. A graduate of the University of Utah the first area in Utah to be tabbed ping was excellent. This was with, a B S. degree in, finance, Mr. Sansom now is married and an area of substantial and per somewhat in contrast to the slowsistent unemployment under Fed ness of the "year earlier" lives with his wife and three children at 880 E. 460 S. Orem. 4 era! Area Redevelopment Act. "Employment in missiles and SALT 2 ,Prominent ProYO CPA's Merge Practices ! newly-establish- ber TO Satur- f j ; Bid Asked Friday's Quotations:. . 9.32 Affiliated Fund ... 81 . 3.91 Dividend Shares . 3.62 16.61 18.15 Canada Gen Fd Chemical' Fund -.... 12.38 139 .......... . . E and H Bal FdE and H Stk Fd F I F . j D-Uta- ........ ....... : - Fund Investors xd. . Inconp Inv . . .. . Mass Inv Growth Mass Inv Trust .. Putman Fund .... 5.02 10.08 8.84 18.32 16.90 17.04 lO0 13.85 16.10 i 5.49 11.70 9.66 20.02 ; ' 18.27 18.52 . at--0- . electronics continued- to increase throughout the year," First Se curity reports.i 12.80 SALT LAKE STOCK EXCHANGE SALES Bristol Silver, 1,000 at .12 , Bullion Mon, 10.000 at .0&YZ Cardiff, 3O0 at .07 Cenitral Std. 5,000 at .06 Chief Cons, 100 at 15 Chief Con Pfd, 500 at 1.30 Comb Met, 4,000 at .08 Comwlth"-Res- , 3,000 at .03 Cons Eureka. 2,000 at .19; 300 at Croff OU, 5,275 at .03 7 Diamond B., 1,400 Dragon. 100 at 3 E Standard, 34,000 at .02 'a I 20,000 at .02 ,i E Utah, 5,000 at .24 Gen Cant Corp, 400 at .50 h, op-an- . f 3-y- ear -- well-know- of BYU .Alumni. Trut Deed Corporato tion, according president Jones showed, a growth of $1,709,830.47 r - only-$800-$8- 50 ... iff ' i m 17 Sovine Appointed I1 X ill 1 How Guaranty does t ' . on principal and interest. Lawrence K. Sovine, 175 W. 2nd S., has been appointed an agent in Provo by the Allstate Insurance ' . f - 1 J . it .'.j-W-- ........ Jrf Guaranty is much like the man who bought your mortgage. Guaranty buys deeds of trust, mortgages and contracts of sale on real property. A x - , ".?'; during the past fiscal year. I Middleton is a graduate of the University - of Utah and attended College of Southern Utah. He is a native of Cedar City. Withdrawn Is Two words are the keys to understanding how Guaranty can pay you 7 on your money. They are "discounts and "interest. HERE IS HOW THEY WORK . . . Let's say you invested $1,000 today in a mortgage on a piece of property, as many professional investors have been doing for many years. Tomorrow you suddenly need the $,000 represented by the mortgage. To convert to cash you must find a buyer. However, you will immediately discover the buyer will not give you the full $1,000, because final payment is 36 months away. He will "discount" the cash. He will also take full mortgage 15 20 and give you of the monthly payments, including possession the security, coUecting both principal and interest. r Let us assume vou were getting 7 interest "oh' the mortgage vou soldi It might be even more. Nowcombine the 7 interest the buyer earns on the mortgage, with the "discount" figure. As you see, the man who bought your mortgage will earn considerably more than 7 interest on his investment. s-- - i .; MUTUAL FUNDS SALT LAKE STOCK EXCHANGE Bid Asked Friday's Quotations: 37.00 32.00 Banner ' .13 . . . AIM Bristol Silver .75 . .70 Cardiff .06 a .05 ft Central St4. . . 1.65 ...... 1.70 Chief Can 1.40 1.30 WASHINGTON (UPI) A pro- Chief Con Pfd . .... . .45 .42 Silver Clayton 20 . .24 posal to establish a rock" quarry Cochise Bmtr ... 0 .19 Eureka . . within Wasatch Mountain State Cons .03 Va .03 Croff Oil .06 Park has been withdrawn by the Crown Point .... .04a .34 33 Dragon Bureau of Reclamation. .11 East Crown Pt ... .02 an- East Standard .... .02a Sen. Frank Moss, 33. .24 Utah nounced Thursday that the bureau East J07 .08 Empire Mines .... .11 .13 has agreed to withdraw the pro- Eureka Bullion ... .11 .. .09 a Eureka Lily Con . . . . . posal. He said it wanted the rock Eureka .52 Va .4S Std . 1.90 . . 1.70 to riprap the channel of the Pro Grand Deposit .05 .04 Great Western .... vo River as it flows through He Kennebec .67 a .62 Va .01 Va 02 ber Valley. Majestic Oil ..... Miller .02i,a Hill )3Va d Some residents of the valley 2.00 2.25 New Park .49 .55 Moss noted North Ldly : posed the project 1.75 2.00 Standard that "recreational and scenic val North .05 Con . . . Park .05,a .02 2 .03 ues will be better maintained with ProsperCity. . .16 .14 West Silver out a quarry and access roads." South Kin; JJO .44 Standard . . Discounts and Interest day, by Paul. W. Jones, president. At the same time it was re vealed that L. "V Malin Perry, as sistant , manager Mr. Anderson of Guaranty's Provo office at 51 North University Avenue, will become manager, ef fective Jan. 1. Mr. Anderson had previously occupied the position. n Anderson Is,, a Utah man who a business for is County mer automobile dealer, member of the board of Springville Banking Corporation, and active, supporter Insurance Agent J. A. HOGLE AND COMPANY Member of New York Stock Exchange BY FURNISHED YOU ARE NOW ABOUT- TO DISCOVER what hundreds of Utah investors already know . .. Your money can earn 7 per annum . . . safely at Guaranty Trust Deed Corporation. Once you know how this can be done safely, we believe you will want to start now, earning this far better return on your money . . . at Guaranty, a Utah company, owned and managed by Utah businessmen. HOW represent the corporation i n the Central Utah area, was an- i Corporation, John D. Quinn, mine engineer for U. S, Steel operations near Cedar City, said Middleton will re place Lester S. Heyborne, who was recently appointed superin tendent of mining for Columbia-Genev- a Steel's Atlantic City ore mine now under construction near j ... - Appointment of G. Lowry Anderson to the board of directors, Guaranty Trust Deed Corporation to Guaranty of of min- Iron Mining Company was an nounced today by the U.S. Steel Lander. Stock Market Promo-tio-n W. ed Anderson Appointed To Board of Guaranty Trust Deed Company nounced CITY: 7A 31, 1961 "jVe buy "i :Co. . j. He will also represent the Allstate Safety Crusade, a nationwide safety program aimed at reducing the toll of deaths and accidents on the highways. , He has joined Allstate agents Kent Nelson and Blaine Thorn at the Sears, Roebuck and Co. store, 207 N. 1st W., Provo. As a safeguard. Guaranty screens each purchase to assure its standards for safety are met. Guaranty also purchases only short-terreal property investments, with 80 falling in the year range - and none over ten years. . . . Securities purchased by Guaranty are then placed in Guaranty's SEVENPLAN Trust Fund. This is a common trust fund, secured by title insured real estate, and managed by experienced investment personnel. Here, your money is invested. . . . The fund protects your money, produces your interest provides you with ready availability. J m one-to-fi- Finance Company Reports Big Growth ed The M. D. Close Finance Company has finished its annual audit and financial report. Business was stimulated with, spirited activity in all departments. Loans completed Jin the 11 month period exceeded $667,000, according to M. D. Close of Las Vegas, chairman of the board of directors. A new director appointed to the board was Mel D. ' Close Jr. Why doesn't Ghmranty Jiave Insurance like a bank or Savings and Loan Co.? Horn popular icz ,. , U,ut-t- i ' f i 9 ''A J ' Lump Sum Investment , ' ' "r,. I "" y $107 1143 1231 1319 1414 151S 3 6 7 0 0 ."990" STEREO Only . $ 535S KD3 V WTO 0 ' 8123 15710 CDC3 1CC7 001 X0OC3 IS d31 4003 14153- CCC3 2CS40 CZ3 0CC3 CO ,' 6740 6153 1742 - . - 0030 combine these feature : R08ERTS"990M ck "1 pre-am- - " . .... fr . broltirc t Your Roberts Dealer WAKEFIiLD'S gt .' : 'PROVO -- Fit 3-12- ' 63 nil i iii i.iniiiiiinii ruMrlftirrnrif itut - 'TTmmilllllllllllllll Ir.l... 78 No. Un!vers!iy Ave. 1 .. 2 3 4 6. 6 7 8 9 Total $ 320 440 660 680 800 920 647 816, 1001 1197 1408 1635 1876 1160 1280 10 15 1400 2000 2600 3200 3800 20 25 SO . $ 800 .486 1040 - Amount Invested Value $ 339 , 2137 3742 6013 9227 . 1400 2000 2600 3200 3800 4400 5000 6600 6200 9200 12200 1518 2251 3032 3877 4777 5744 6783 7892 9085 v 16466 15200 13776 . Total Value $ 839 P 18200 ' . 26865 41607 62468 How r lpng wfU U take to Double Your Money f AX1 C At 6 t At Wo C At4& C At8 C t SYral 10 Yr. 1 " 20Yrs. 15YxS. 25Yrs. GO Yrs. Once you have become an Investor at Guaranty, all or. any part of your investaient is convertible to cash on oral demand. Simply bring your certificate passbook to the Guaranty Office nearest you and make your request known . . J It is Guaranty's pohcy to pay on oral demand; however, es do banks and savings institutions, Guaranty may require a ninety-da- y written notice. . Should you convert your account before the conclusion cf the first six months from tha date you started, Guaranty will pay no interest crtyout investaient. You vM receive your principal intact. How to maize your money grow at Guaranty's 7fa 1. Open your account with a minimum of $200. A certificate passbook Is t ' issued for your convenience. 4 multiple adjustment bead monaural stereo recordplay dual stereo playback recordplay p fiead outputs dual outputs dual power amplifier outputs dual monitor" speakers portable and easily ensttsi Installed. Years ' Amount Invested $50.00 Guaranty your m : "Inttanf " Total TAPE RECORDER IS YOUR BEST BUY! -- Value 10 20 23 $10.00 $5,000 Value ' 4 5 New I 01,000 Tctdl Yean 1 2 THC T is Guaranty with the public? This is best answered by a news item in the December 19; 1961 issue of the Deseret News: "GROWTH REPORTED Guaranty Trust Deed Corp., reported a growth of $1,709,830.47 during the past fiscal year according to Pres. Paul W. Jones. This increased assets ofthe Sevenplan Trust Fund to $2,228,009.16 Mr. Jones explained Officers ofthe corporation also were elected as follows: Mr. Jones, president; Charles W. Waft, vice president and Joseph R. Smith, secretary-treasure- r. Guaranty Trust has offices in Ogden; Provo and headquarters at 19 East 1st South, and invests in deeds of trust, mortgages and : real estate contracts." . We invite you to compare this growth with any financial institution in the State of Utah. Mia , t Here's how your money grows when you open an account with $200 - or Amore, and add to it monthly. For the same reasons that stock exchanges, investment trusts, and mutual funds do not have insurance. Guaranty is not a bank - not a savings and loan firm. . . . The safety factor of this investment is in the real property itself. Real, property has always been one of America's best and safest investments. . . Guaranty provides an investment service. And as such, Guaranty's trust fund is registered and supervised by the Securities .Commission of the State of Utah Department of Business Regulation. i . ve ' ' - i r t , nrm . I v TRUSTDEBD CORPORATION Offic: 19 East 1st South, Soft lokt Ciy, Utah Branch Office: 2470 Washington Ogden, Utah - E BraiKH otticci 91 North University Ave., Provo, Utah - F2 4-- 1 107 Horn EL9-'S6- 4t 2. Add to your investment systematically, or any time, and in any amount, S. All, or any part of your investment is convertible to cash on oral demand. Astdo banks and savings institutions, Guaranty may require a ninety-da- y written notice. Guaranty pays no interest on amounts withdrawn within six months. 4 1 per annum interest is compounded quarterly on each account. 5. All money invested by the 15th earns from the first day of the month. 6. Any bona fide resident, company, partnership, corporation, or organization in the State of Utah may participate in this investment plan, which , is. registered with the Utah State Securities Commission. . v ' |