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Show FIRST SECURITY NEWS LETTER REPORTS HIGHER INCOME IN 1957 Total personal and disposable income in Utah and Idaho should finish 1957 at figures 4 to 6 per cent higher than in 1956, the First Security News Letter reported re-ported Wednesday. The News Letter is being distributed dis-tributed in this area this week. The News Letter is edited by EIRoy Nelson, First Security vice president and economist, assisted by 'Harvey Frazier. The report shows that retail sales in Utah and Idaho are averaging aver-aging approximately the same as last year. "Total non-agricultural employment in Utah in mid-June at 235,000 was down 2,600 from last year", the report said. "Decreases "De-creases were principally in construction. con-struction. Employment in Idaho (May) at 173,000 was the same as last year." Prices received by Utah and Idaho farmers from the sale of cattle are approximately 15 per cent higher than a year ago, the same on lamb, and up 25 per cent on wool. Milk is bringing slightly higher returns. Egg and potato prices are down considerably, the News Letter shows. Copper production in the area is down approximately 8 per cent but coal production is up 8 per cent. Crude oil deliveries to refineries re-fineries continue at 5.5 per cent over 1956. Sugar beet production is expected to exceed last year's output. Wheat production in Idaho Ida-ho is down approximately 7 per cent. |