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Show New Office For American Hunter New President of E. Allan Hunter has succeeded E. M. Provo mayor Veil Dixon led Naughton as presi- a hast of local officials in dent and general manager of Utah Power & Light Co. openIn accordince witli action taken by the board of directors ing the American Savings and last July, Mr. Naughton became chairman of the board Jan. 1, lian Association's new branch simultaneously with Mr. Hunter's assumption of the duties of office at the corner of third SALT ears fl . of service. President Vance ' - one-tim- Feltch began his te' 'phone career as a lineman and splicer in Salt Lake City in 1936. Other positions held with the company include: installer and repairman at Ogden, and installation foreman at Provo before assuming his present assignment in 1959. He is p member of the Elks Club. He will reside in Springville after retire- a rt 1, '". r If am mnnl t . n ia nlnn hobbies of "working with and restoring heavy equipment and taking snowmo-Mr- . bile trips." -- sl.itnH "i feel good when a business has not forgotten the home, and this establishment is for thp purpose of helping Die home." Mr. Lewis, a BYU L1XS stuk president, gave the dedicatory prayer. Blair Bradshaw, President of American Savings and Loan, was on hand for the ribbon I ' cutting. He formally thanked " the community of Provo for its Feltch cordial welcome to the city and said that he was glad his company would become part of the area's economic growth. Morris Leasing, has been granted National Car Rental SysDee Thatcher, a native Provo-aAmerican Provo for Orem, tem franchises Canyon, Provo, who will be manager of was it Lindon and Utah, Pleasant Alpine, Grove, Lehi, Fork, the branch, served as master nnounced by William B. McKinstry, president of National. Miles D. Morris, president, said the new franchises would of ceremonies for the opening. How his company to offer complete rental service. He said The reigning Miss Provo, his company will be able to provide business and professional Ruth Thompson, performed the customers with daily, weekly and monthly car rentals. honors of ribbon cutting. ComNew Oldsmobiles, GMCs, Ramblers and Jeeps will be pany oficiab described the tall available for customers. beauty as "the only structure The new agency will operate from the Morris Leasing, 1131 in Provo prettier than the new N. 5th W., Provo. building." Vi F"! jf V 4 V i Morris Gets Car Rental Agency n Hone New Supervisor for Harman EXCHANGE Bid 4 00 34 at HS S3 EuraKa Phelps Dodge Ups Primary Copper Price - NEW YORK (LTD Phelps Dodge Corp. has boosted its price for primary copper by two cents per pound, effective with shipments Jan. 4. The large copper producer's advance forms part of a lengthening chain price boosts by the base metals industry over the past .several weeks. the Phelps Dodge first of the large domestice cop per producers to raise its pri mary copper price since Copper Range Co. posted a three-cen- t advance to 45 cents per pound, effective Jan. 1. The new price set Friday by Phelps Dodge is a cent below that of Copper Range, but copper has been a seller's market for over a year, because of strike - caused production losses and rising industrial demand. becomes Three other large producers, Kennecott, Anaconda and American Smelting & Refining, still were at the level and studying the Phelps Dodge and Copper Range moves. j4)i, ) 70 j n jo sj', 40 is so ao tl .11 40 ao cs 40 45 00 lull V1 J n 39 if jo i o 35 I Jo 00 45 Jl 06 55 45 jo ,34 J5 so 4 IS jo 55 37'i 4 M 00 70 10 00 11 n ii 17 D.75 tl to 45 M 13 1 ,J5 .15 II JO 1100 1175 Oil 50 Mlnaa So. Standard Standard AAatalt Sundance 7 U 1 SO 19 SO )9 00 Tlntic lead Tlntic Standard 70th Cantury Unitad Park Clfy Cons Utah SO 14 37' j 4 SO Water Wonder Williiton 14 75 500 a 1 50 I OS 4 37't I2'j 70 17 00 26.30-27,10- 4 75 17.00-18.0- can-ner- 235-38- 5 25.25-26.0- 650-77- 5 00 31 Utah Volley Auction .25-.7- 5 SO 3' 35 - 16.30-17.0- 17'i 19 beginning Monday. national airlines of both ild'4 Since J'ine of last year, the na- made the situation extremely, NEW YORK (UPli Fears of limi t. kH.i.'L nvi'li in.niLi li.itu. serious r.i required unmediat another full blown confrontation shut down each Wednesday to moderation by both gidcj, in tlie Middle East put a damp- help brokerage houses reduce Economic items which norer on stock market trading tin the pap rwork snarl caused by mally have bullish Impact on week, although reinvestment record volume. stocks included rising copper and-after tax heavy year-enof Slate IVan and nickle Secretarv price.s, and improved loss selling slowed tlie re Itusk at the weekend drove retail sales in December by treat. home the seriotiMie.sM of the. some oa the nation's largest re Turnover was relatively light, mounting violence in lii Mid-tail chains. largely the result of abbreviated die Ka.st when he warned Isra-- i Earlier it had been feared trading sessiens which began on el and the Arab .states that th' that severe weather conditions area faces catastrophe unless all Thursday. an( Hie nationwide flu epidemic Trading on the New York sides apply utmost restraint, would cut deeply into holiday Stock Exchange was reduced b Husk said extension of hos sales. 111 nours 10 cio.se at 2 p.m Itilitica beyond the areas of the with Although the Vietnam peace to the exchange re ceasettre lines to attacks on daily, sume a five . day week of short passengers on aircraft of inter-- J talk deadlock had little effect on stocks, there was renewed hope late in the week that a breakthrough may be in the offing. North Vietnam and the National Liberation Front, the of the Viet Cong, Quotations from Utah Valley High yielding utility cows political arm said they would drop all proAuction Co. Spanish Fork, Jan. average utility cedural issues in order to get cutters s 2, 1969. the talks underway, provided 15 slano heavy CATTLE: Grain fed steers United States and South ughter bulls soli Fancy veal the and hefiers Vietnam agreed to meet with higher, cows lbs. 30 heavy them at a single round table. active and .50 higher, with not slaughter calves 26 00 27.50; Indicator Down to test the No good quality enough stockers yearling steThe UPI market indicator market. Choice grain fed steer-- ' ers or h ifers sold. Medium ; measuring sll stocks traded, good quality yearling heifers standard standard lbs. Black bally was oil cm io in .a. m un the tape,, 1.700 issues crossing holsteins lbs. 21 909 declines, and 666 advanced.. lbs. choice Light weight steer calves There were 50 new 196869 lows grain fed heifers 30 lbs. 28.00-2set, and 65 new highs. good ; lbs. 75; The New York Stock Exmedium quality over 550 lbs. change index reflected I loss of llol'stein steers MUTUAl FUNDS 47 cents to $58 95 in the averBid Asked Friday's Qwolalioni! lbs. lbs. 4 04 Dividend Shares 4 44 age common share price. Dow J gg ... Theory high quality heifer Standard & Poor's 500 stock ... 16 45 U 95 Dreyfus calves E and H Bat lbs. 27 17 16 13 54 Fund lost 0 82 to 113.19; DoW' index E and H Bal Stock ... 16 99 It14 46 0 lbs. 0 Jones average of 30 blu chip 97 .. Ml? Fidelity Cap 25.00 . 26.60; bull calves 18 17 30 74 Fidelity Fund industrials gave up 0.63 to 79 17 Fidelity Trend Jl 71 lbs. 24 Financial Dynamics 951 89; DJ utilities also weak9 55 I') 11 35 Fletcher Fund 30 35 Good quality lightweight feed- ened, but rails firmed. Fletcher Capital Fund 62'i 13 Wi er cows 13 77 13 04 Fundamental Inv Volume aggregated 47,785,750 large calves ..... 1 56 Manhattan Fund 9 16 able to go without milk 0 shares Mass Inv Growth .... 17 91 14 11 compared with 45,413,687 Mas Inv. Trust 1661 U 15 per head; new . born guer-nes- shares during the previous four 16 76 Putnam Fund IB 33 calf 14.50 per head; large sessions. However, it slipped b 13 01 Putnam Growth 14 31 13 31 14 36 Wellington Fund Holstein milk cow 280.00 per low the 49,095,519 shares wtvldl Windsor Fund V1 14 70 55 head. 11.95 13 06 Enterprise Fund changed hands a year ago. j.sesMons 18.00-18.8- 00 .70 1 14 9 Sundoy HerolrJ dem- 5,ji, 17 Euraaa Liny Euraka ltd Golconaa Gold Cnaln Graal Wailarn Horn Sllvar Kaahmlr OM Kannattac Kaytona Aammoth Naw Park Now Qulncy Norm Lilly Par "City Corn. Park Pramiar Prlnca Com Rico Saoa Siou 05 47 Comilock Tunntl Con, Eureka um Eagia C'0 Oil Crown Point O'aaon Eail U!h fwpira I )j Mi Comt Coil DKL THATCHER IJt $37', Com so I avion Silver tomb ,k,j I is 5)7', Colo By HOWARD U'XKSBKIWi I PI Business Writer ,7 K Bullion Mon Champion Silver Con Cnlf Con Pld C Vice-presi- Phone Co. Foreman Will Retire STOCK Friday', Quotation,: Rtnnar Wng B'll'ol SHvar Bullion Exp chef executive officer of UP&L and the company's subsidiary, North and I'niverMty Avenue the Western Colorado Power Co. A. .Saturady Moreton became honorary chairman and retained Fred morning. membership on th? company's board of directors. Dixon Mayor with joined A native of Grantsville, Utah, Mr. Hunter has had 31 years Chamber of Coiiimeive l'resi experience with UP&L, having joined the firm as a cadet in lent Wendell Vance. Stanley D 1937 following graduation in electrical engineering from the Chairman Roberts, of the Utah! of Mr. Utah. Hunter was : University appointed assistant gcn-County Commission, and Ben', era! manager of the company in June, 19U6. Mr. Naughton was elected president and general manager Lewis, nt of of UP&L in 1954. He has been associated with the electric utiloa dimns hi im in welcomity industry for 44 years, originally with Texas Power & Light' ing Provo's newst business. Company. Commenting on the unusual design of the building Mayor e Dixon, a bricklayer, A Pierce Feltch, service foreman for Mountain States Tele said "1 have never seen nm-phone in Provo, is retiring from the company Feb. 5, with 32 thing quite lik? this before.'" LAKE m Fears of Mideast Confrontation Puts Damper on Market Trading FumUhed by Goodbody and Member New Company, York Stock Exchange, 43 N. University Ave. Savings, Loan UP&L JJJ- Market Quotations - 24.30-25.0- 20.75-22.1- SALT LAKE STOCK Exp. 1000 at Mon 500 at Champion Sll. 400 at Bullion Bullion Chief Con 700 at at 5 15; 45 at Clayton Sll. 300 at 75 Colo Con 3000 at EXCHANGE SALES SO 40; 4100 at 10 : 700 at 15. 00; 100 at 10. S SOi 5 400 at S 75. a'.a; 65. .35; 1500 at 33. Cres Eagle 1000 at eu; 100 at K't. Crott 4000 at .31; 3000 at 500 at 40 Crown Pt. 400 at 0, 400 at .17'; J at 95 East Utah 100 at 1.70; 300 at 1 00; 500 t 3.13'r Eur. Lilly 76 at 75; 700 at 90. 70. Eur. Std 300 at 35; 50 at Kashmir Oil 7500 at 57';; 1500 at St. Kenneoac 1650 at 4 37' 7; 41 at 4 00. Mammoth 100 at 10 00 Park City Cons. 2500 at 33. Park Pram 3000 at .15. Roylton 1000 at 50 Saga Oil 300 at 6 75. Sioux Mines 500 at .13. So. Std 150 at 1.50 Sundance 300 at 19 75; 100 at 300 at 19 50; 300 at W.VVti Tin. Lead 500 at 37 Utah Com. 1000 at .37. 600 at I 10; (00 at 800-90- 5 1150-130- 0 22.20-23.4- 21.75-22.1- 25.50-26.2- 400-45- 0 ; 8 24.25-25.0- 450-55- 26.00-26.80- 24.25-25.5- 700-80- 0 450-60- 0 22.75-24-7- 250-31- 325-40- 0 0 26.50-27.0- 400-50- 375-42- 5 11 17.50-18.7- 5; 53.00-73.0- y lf.aJHi 10. u 1969 Caprice Coupe I e and manager of Harman's Ronald G. Hone, in Provo has been named district supervisor for all of In the San Jose, Calif., area. the Harman Trie announcement was made Saturday by Leon W. (Pete) Harman, president of Harman's Management Corporation. Mr. e Hone has operated the Provo Kentucky Fried Chicken since 1959. The family will be making a permanent home In the northern California area where Harman's presently opMr. Hone will directly over-se- e erates over 75 15 of the stores. approximately Harman stores are spread tnrougnout zb cities in northern California. , Take-Hom- "C"'""""" ....: "' r"' 'tti''"''''w ... ...... .1 111 w.. , V miri . lj r . . JH i mi .... wwi"l!aWaaaa) T- --j rv- - t .... i r iigjum.pin. s ' Take-Hom- Take-Hom- Take-Home- Rocca Reappointed Bank Director SAN FRANCISCO (UPI) - The board of governors of tlie Bernard T. Rocca Federal Reserve System has term on the board of directors of the FedJr., to a three-yeeral Reserve Bank of San Francisco. Rocca, chairman of (lie board of Pacific Vegetable Corp., San Francisco, was named to one of the three directors posts filled by the governors in Washington, D.C., the other six are e Twelfth Federal appointed by member banks in the Reserve District. ar nine-stat- Anderson Earns U-Ha- Award ul John Anderson of Anderson's Conoco at Provo, has won a colored television set and a plaque for being the top area. Company dealer in the The awards were presented to Mr. Anderson by Jim Ben-haof Salt Lake City, Utah president of the company, at a holiday party for dealers of Utah and Wyoming in Salt Lake. Another dealer, Steve Hymas, also won an award. m l tV Company Reports on '68 Loans Vkfc I I W r'T) ire toiiMiia mi ''l'J3llw iimmiii. $1,115,800 were disbursed Utah real estate loans totaling 1968 11 months of by the western home office during the first of the Prudential Insurance Co., it was reported by John E. mortEdwards, Utah investments manager for the comany's loan department. gage Of the total disbursed, $557,800 was for residential purposes, $415,000 for commercial and industrial properties, and $143,000 for farm loans. VW President Optimistic for '69 "We exnert sales of all imported vehicles to exceed a million units during 1969, a level about equal to 1961! sales, with Volkswagens accounting for more tnan iit,mv. This statement was made this week by Stuart Perkins, N.J. president, Volkswagen of America at Englewood Cliffs, This coming year will be the most exciting year in history for the international automobile industry, Mr. Perkins said. That is because the American producers will enter the small car field with the first of a new scries of such cars, beginning In thp Snrinir "This will mean healthy, new competition for those of us marnet in who have pioneered development ot tne small-ea- r this country. It also means, we feel sure, a broadening of that game market." Business News Notes for Joseph W. Spencer has been named chief geophysicist Chevron Oil Company, Western Division in its Denver headquarters. He replaces C E. Edwards. Mr. Spencer is a graduate of Brigham Young University in Provo and has a PhD in ;? ' n. 4.Ni &J..-.- iiiiihiii1"? J A 1 ; iMiwuwai'!f . 4nmiii No clowns. No hoopla. No funny hats. This is an event for the serious car buyer. The man who has X number of dollars to spend and is determined to get his money's worth and maybe more. Come to a Chevrolet Showroom during our Value Showdown. Ask the man to show you, on paper, how you can order most any I960 Chevrolet with a big V8 and -- m - - Mf; ' 4 ... - automatic transmission for less than you could last year. Come in and spend some time. Dig, probe, ask questions, take notes. You owe it to yourself to be thorough. Go for a drive Get a free sample of Chevrolet's luxurious cushioned ride. Shut the windows and see how fresh the interior stays, thanks to Astro Ventila tion. Feel the kick of the biggest standard V8 in our field. Then go down the street or across town and se how we stack up against Those Other Cars. We think you'll wind up with a Ciievy. More people do, you know. full-co- il, Putting you first, keeps us first. In. Financial physics from Pennsylvania State University mutual fund with dustrial Income Fund Inc., Denver-basecurrent assets of $66 million, has declared its 34th consecutive quarterly dividend from investment income, according to R. T. Wood, Salt Lake divisional manager. . , d H. Gary Morley D. P. M. PODIATRIST Announces the Opening of hi office for the Practice f General Podiatry and Foot Surgery. 659 NORTH 500 WEST OFFICE HOURS IY APPOINTMENT 374-690- wnn fcn n 0 lm ItaJ mm 4 a |