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Show i it - i i' Personal Income For Utahns Climbs Upward M yeekly Stock Roundup U iPersonal income in Utah during million over! 1961' s 'and! the outlook for the jsecond quarter is $30 considerably better," That is the report of First Se- curity Bank's Newsletter. Fi V. Nicholes, Prov4, First Security vice president ini charge of central u f J division, reports. - i - " ek evertheless, a substantial erations, lejft, and M. J. Hansen, stores accounting (supervisor. iuc cvviu: awcuu piv&i.i"il o'uggwiiuiw cuipiycwrSlfnU inHnoi-inr i wi ovcci t. vt,TVi n tt VYi r TJ . .s. At Genevo mum Woman Building dee j$1034 For Billing Idea . i Orem On Upgrade i i rage, 1700 n. state, $4uu. " Residential permits (were Issued to A. V. WashbufnV 755 N. 100 W ,j $600; Evelyn tucker, 79 W; 700 N., $100; Rex Tutpin.741 ',N. Atlantis', $900; i five permits ilto Wayne JVlills, at 78 S Eastwood, $9000 and '88 $;:East tvood, 69 S. Eastwood; 79 SjEastw ood and 101 S. Eastwood, each permit for $11,000: John Wright, 1683 North State, $5220; 'Gran! Nielson, 682 N. 100 WM $2000; tlvd permits to rtn t-iu nr.ln Dims ;ai:u tat m n,wu ajnic hjh cated at 98 s; Easv pod and 108 S. Eastwood;' three permits to ' - Bert Carter, 52J..W. 400 S. and! 561 W. 400 S., each$12, D00 and 575 W- I 400 ',S., $10,000, ;'..- Other residential f permits were o Issued to Arnold T6r&, E. 4i5-52- $11,700: RifsseU Kitchen, N. 50 W.J $1000; Dixon Con-- 2001 NT., 560 E. 400 , ,$3150; struction, 308 to two, permits Roy Tew, 95. N. 705 (W., $10,800; , 71. N. 705 jW.; $10,000; Leonard Judkins, 295 E. 1600 ,S., $9000':ithry perntftjj ito C. and T, Contrucdn Company, 283 E. 1600 S.d 293 E 1838 S. 'and 296 IE. 1838 S eacb for $10,215; Kobert Jloutz, 936 NJ fT5 E., $1600; Ray Barton, 660 N, ;Atlantis, $2500; and four permits to Eldon Luck at 546 N .650 Ei, and 560 N. 650 E. each for $12,t)00 and 560 N. 650 !E. and 54$ ,N. 650 E.t $11,000. Other permits w;ere issued Ito N-- ! S Wesley Rawlings, l'040 W. 400 S., $400 and Provb Neon S55 E. 1400 S., $400. Steel Production Decline Forecast Peo-Ijp- ls buntkerpew; S., .$3600 and iWrights Ga ,1-- Gun- - j ' - Trading for the period swelled to la.ajB.vao s dares from ;i4,9'24,-190 a week earlier and compared With 28,987,500 in the same week Of 1961. I was by farf the week's most active single is- -j sue, climbing ja point on ;345,O0Oj shares after it received a patent on its seamless, hose for women. General Motors Off ' Following it were Brunswick down , Texas Gulf Producing off ss and Geiicral Motors ;off despite record March car j. sales. Texas Gulf rose sharply early in' .the week, then; declined when of ficials denied pumors that it was seeking to sell Us assets or f' merge. Blue "chip j features '.included, Du American Tobacco down Pont off 3, iVd up 2V4,f Union1 Carbide off 2U and United- Air--j r Chadbourn-Gotha- m - I , Si . , , 4, - 3. r " V III I " J "rtT tliiillinKi'l iJMfa ' ' "' ..li.....i1ft.1irti.irtr I If- 1 . I - ' ""- -1 t Ii ii m Reared ,! v w i 1 t nninlir-- 'I' ",'1 .: X if v , y . " ' i' C01DSP0T 13.1 CU. FT. C0LDSP0T 12.4 CU. Stores 458 lbs. of Food Stores 433 ibs. of Food j' Durable interior. Durable porcelakied interior. Magnetic lid gasket seals cold in. Cold control adiustable for all wtMhtU lock with keys protects stored Built-i- n . food. a procelcrind rust-resista- nt I Grilled shelves for zero air flow cround food. ' year. The record, breaking payment l AMERICAN- FORK $100,00j0 the Orirille 'raised to more lhAn i Gurtther has been!;!; elected presi loxai amount paia 10 ueneya em-- r dent of the Peoples State Bank in ployees since U. Si. Steel's cashi prigram was installed American Fork by the board of i957. in The plan rewards sugdirectors of the bank. thatj bring savings n opj Mr. Gunther is currently serv gestions costs, promote safe y, ot erating ing jas chairman of ,the Utah State result in efficiency. n improved Jis a Tax Commission, more Last than 1,000 sug year, a is and in area buisnessman the, were new gestiohs adopted former legislator.! :Ll - i I He succeeds Clifford E. Young mgn niaxnfwiin paymen aver Jr. who resigne4 a short time aging about $23 per idea, ago. Mr. Young has accepted a position as. research analyst with the FIF Management Corpora? tion; of Denver, Colo. Other changes in the officers and management of. the bank are To announced by Mr jGunther as .fol lows: Mrs. Edith Christensen, orti Glen T. Anderson and Harold WL Anderson will continue with jthe Dr. J. H. iWells. toD coa chem bank as vice presidents. Howard researcn engineer for U. S icais W. ;Robinson, Lehi, has joined th Will be featured Speaker Steel, management as cashier. He has nere tne ui ah Disi petore Monaay m ine served as assistant casmer la j h ' o. iron Association met &ecuon( State Bank of Lehi for many ana bteel JUngmeers. The dinner years. Mr. Gunther jannounces that the session willj be held at 6:36 p.m Cafe. management will soon start a at the Grandview 100 More than steel engineers program of aggressive improvement in service and a. more com from all parts oi Utah lae ex-plete bank coverage One of the! pected to hear Dr. Wells discuss; earnest projects jwill be to con- 'The Recovery ard Uses of Coal struct a new bank building to Chemicals."! He currently serves provide the physical facilities as chief coal cherpicals research necessary to the growth the insti- engineer- at U. Is. Steel'3 big tution has sustained in, recent Applied Researcn Laboratory a Monroevillei Pa. years, with provisions for the the1 Holder of 21 patents in hisl field,! in growth expected ' ' '' Cof- I ll; future. is a graduate ut. wens , .. ti. Mr. Gunther; earlief this jyear neu university, j thaca, Y., where he receivedl a B. S. degree interest purchased the Controlling in the bank from ' the Young In chemistry and a Ph, ID. in chemical engineering. family. . ji 1 1 ifcr-ide- i - L.I ..i! .1 as NO JVONEY DOWN ON CREDIT! ,i ' .. -- 1.1- 1 r -- 11! J: . ' a j m K!-"777- ' It Chemicals Exp . I '?n"fXAr Stool Engineers Hear Coal j r ; well-know- j I. 'Ty-L- -" 0 : A mi SHOP 'TIL ON DAY 9 P. . i nw"jy 4 '3)'; J f - - n h A I s A : ?s s i TTI J. . Steel production 10 per cent bjy; thet nd of April following the Settlement of a new ' l' steel labor contract, The Iron j I J Age reports. The drop would lid 'even more abrupt except !that it is too late to cancel April tonnages of cold rolled sheet and other products with long lead times. The real . shakeout of steel production will CHEYENNE, Wyo. (UPI)-Ut- ahi occur in May and June, the maga Power and Light Co., a Salt Lake zine says. City firm furnishing electricity to Evanston, Wyo.i" has filed iapplica-tio- rf , with ;: the Wyoming Public: Service Commission for authority to issue and sell 1480,000 shares ofi its cumulative preferred' stock ofi par value $25 per share to under-- ; f , ' j j writers. PAYSON Teld Alyey, former-The company also asked author- . ly bf Payson and now residing in ity: to issue and, sell $22 million Sandy, has been informed that he of its aggregate principal amount IS first place winner in aales of first mortgage bonds. The bonds in 13D2, and also will be contest conducted by the McCul mature to underwriters. sold locb Chain Co. and is the recipiThe interest rates on the bonds ent; of a $500 bond.11 and the price to be paid to the Mr. Alvey, an employee of the company for the bonds will be Wilson Transport ckiof Salt Lake fixed by bids to be invited by City, is the ion of Mr. and Mrs. Utah Power and' Light, Maurice Alvey of Jpiysoh. $he company has reserved the right to reject any and all bids.: Land' grant!, colleges furnish j! The amount to be paid fori the nearly half the nation's reserve cumulative preferred stock must officers through the Reserve Of- be, not less than $20 per share, ficer Trairlnz Corps programs. nor more than $2j.75. I 4 - i If,: Will drop about CfiCl & weight. She and her husband, Ernest Jensen, a plant guard will bom complete 20 years of con-- i tinuous service at Geneva this Presiderlf df People s: Bank Sr. 9 I rather than theoretical actual, 239.82. NO MONEY DOWN ' i Hh d ; W chest or uprig m A V employee su ggestiqn plan Her awari also took top hon- ors as the ghest ever paid to a woman a Utah industrial firm and w the second largest ever paid ti a female employee by U. S, Std Now emp oyed as a freight clerk, Mrs Jensen won he big cash payme: t tor suggestii 4 that shipping ch rges on fuel u purt-chased by he Columbia eneva Steel plant be billed and aid orj. I tj Yii)t!j! sissippi River tinder U. S. Steel'l permits issued totaling $546,815, a decrease ofiseveif permits andj a decrease of ;$3oo;6oo over the preceding year ' The largest permit issued dur--1 Orville lng March 19G2J wa$ a permit to HEADS BANK Mountain Shadows Corporation at ther,. elected 'president of "Stated 88 S. and 76 S, onf150 East for IJairk; center j development. shopping Other commercial 'permits were issued to Dale Buttferfield, 666 E. 1T00 : highest individual awards ever pid west of the Mis-- . , i hi win one of were up 0.14 f. to 130.15 and.C.l stocks showed a loss of. .87 lit sJ' :Y(U) die-har- ml Hillcrest Drive, iliJ CtoS) bJlsv-'- A OREM Building Orem City began a seasonal incline during March with 35; permits issued for building totaling $22,j015. During February 19621 therje j were eight permits issued; totaling $40,551 and in March i.961 ihre were 42 n- - Utilities .15 Hi; pretty stores accosting eneva clerk at U S. Steers Work has erased once and fpr all d the riotiop that steel making is a man s world. Mrs. Lois Jensen,. 444 E, .3rd NM Provo, tucked a check for $1,034.40 into her p n rse Friday to In f Starts Tonjorrow! Timely !': IfV !'"'. jDuys m bY ry Department WiHs i. ii av eragesi s" raijsi , to wwj xii&iiedu cyca pa.J,U , hill, i l Won ijnder Dow-Jone- m. '.4r- C'J-CS- as follows: George Penrson, 1185 $13,000; Charlbs p. Ward, 1024 E. Hillcrest Drive, $14,000, and jDean W. Killpack, i045 E. Center, $11,000 Permits fori home additions; and improvements were as follows: Grant Clement,. 463 E. 400, S., Muuu biiu uuivixi jrncA.aru, ox r. 200 ;North, $10,000. craft. down Building per. mits approv ed by Springville City during the jnonth of March represented construction in jthe amount of 86,000, according to Lloyd Ashcraft, city recorder A permit was granted to Finjey Constructiori Co. for a $34,000 motel on Ndrth Main. Three permits for ne homes were issued i j the In)! SiPRINGV LLE . ; bull- - Authorization for Motel Tops Springville Bbilding Permijs , SUGGESTION PAYS OFF Pretty storesj accounting clerk Lois Jenseii holds up rah employe! e suggestion check fpr $1,034. 4d ;to prove jthat steelmaking' no longer is strictl a fman'!5 world" at U.S.! Steel's Geneva Works, near Provo. Hapiy to agree , 1 jv'.' dustrials fell 132 to were off 1.42 at 142.86, run-proo- f, , . r j Mr.-.Kermi- t f: , ' - Dow-Jone- I:t ' ,1 j 'The . upswing in the economy, and increased: basic industry ems the industrial average. ployment, indicate that personal a carbon copy was pattern income should total in excess of jThe two of the weeks - no previous $485 million fori the three- - spring demand and light selling pressure, months," the bank predicts.!' except on Wednesday afternoon when, the tape ran late on climac Orem Man Gets Radio tiO selling in the final hour. inings were .quiet ana s eady again, on Thursday until the final Institute Diploma hour when, tickers again got be' t Anderson, 375 E. hind jthe trading floor, this time 400 S., Orem;; has completed a on a resurgence of demand. Tradcourse in servicing electrical ap- ing tapered off on . Friday with pliances and Jhas been awarded prices closing mixed after a iirm L a diploma by the National Radio start. were still unconbrokers Institute of Washington, D. O.;' Many hi ir-- j h vinced at the "weekend that the More than seven million acres mantei arousnt nas enaea. iwiim were granted to colleges in land out the development of an Over scrip under the Land Grant Act. so. d Condition, they said the mar- - 4 l '. a: t I ; I b-in- - -- fill iket will have to present substan isn je ement insists that despite tial proof t indicate that an area selling for tax purposes and the of important support has been cloudy tax reform and foreign reached. j trade legisla ive situaltion, there is still a lot of itchy institutional Itchy Institutions j.ney noiea mat inursaay'si up money arounu and that Thurs swing began without, conclusive day' rally should , generate more signs of preparation and that' al- of the same n- the' coming week. '' ll 1 The comprehensive Standard & though ticHers fan late with rTrading was light in the first prices climtiing, a large majority Poor.'sl 500 stock index showed a decline ofl 0.71, Indi threej sessions as stocks moved of trades comprised only a few weeK steadily, downward, breaking! well hundred shares at a' time rather eating an aggregate drop, in paper below the 700 resistance level in than, big blocks. valued exceeding $5 billion. the first quarter of 1962 was approximately $46$ million, up gome . 'f ft By PETER T. EARLE United Press International NEW YORK (UPI) After 12 declines in 14 sessions, the stock mjarket found mderate support in the final two sessions this 'week not enough to prices to last Friday's Closing lev 11 1. K are Rally Fails to Recoup Losses il - SUNDAY, APRIL 8, 1962 :.Utah Coxxnty; Utah.'l , hn h i ?4 V . ) . I) I;! " I III i UP&L Asks Permission to Sell Bonds And Stock In (Wyoming . Sales Contest Won ByAlvey " " S 1 K ..1 Utah Power and Light intends to use the proceeds of the secur ity, sales to repay $hort term bank notes, with the balknce to ,be used to Icarry f forward the company's present construction program. Although less than one per cent of the company's business is an Wyoming state lata requires that any utility company operating in Wyoming must haje the approval of the PSC, before making such transactions. The IPSC has taken fio action on the lappncauon. Utah Power and Light Co. is pnrrpnf.lv constructing a watt steam generating plant near Kemmerer, Wyo. .' lfeO-kil- o- i DELIVERY SERVICE t 30-U1C- ' TtT""! l! f t' , FR -- till , I C0LDSP0T ALL t ; ELECTR C RANGES H I' -- is l: GIANT i" 10-l- 'I ' -- B. . LOAD I! Mm I H DOWN automatift clotk 6 control either oven or pre-he- at onflpf. ranee does the rest. Super Visi-Bake has Wide, oven Is a! roomy window.(!'.,' Wide storage drawer for all utensils. ' 24-in- ch ;, 8 J NO MONEY DOWN YOU BUY I I ON CREDIT AT SEARS set tt and forget it. 3waf.h Automatic water temperatures for safer all fabric Duralile lng. Easy to clean lint filter. agitator. Safety lid switch Acrylic finish resists fustj wash-6-va- MATCHING DRYER Open Fri. ond Mon. 'til 9 p.m. Daily 10 'til hi 1 i ; ne 99.00 IN PROVO AT 207 NORTH 1st WEST PARK TREE IN BIO PARKING LOT Satisfaction guaranteed or your money back" In ... Kefc - Ii ' NO MOr4EY I 1 I REFRIGERATOR egg rack stores 16 fresh eggs in individual socket l! ; i Stores 59.9 lbs. of frozen food n freezer chest and chiller . , 23.3 qt.j crisper slides out ke eps produce market fresh ; KEIlfAORE WASHERS HOLD AUTOMATIC - 4 10.1 CU, FT. ECONOMY MODEL 'i I I ' Mi I Built-dn- OFFICE SUPPLIES AND FURNITURE ,' j KEIJMORE f Standard Supply iCo. 52id 43 W. 11 No., Provo 1" -- 6 p.m |