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Show newsletter says economy looks good FSB Utahs overall third quarter projections economic trend in the first half of 1978 points to continued economic strength in the months ahead, according to First are for it to vary near the June rate. ing distributed be- this week. The letter is edited by Dr. Kelly K. Matthews, vice president and economist at First ic RARE Security. Evidence of this economic strength is the number of new employees on nonagricultural payrolls, which in June increased 5.8 percent, up 28,300 jobs since June of 1977. Employment in the mining industry was up 5.1 percent, manufacturing employment up 5 5 percent, and contract construction employ- ment up 10.3 percent. Rapid and sustained employment growth in these diversified basic industrial sectors indicates increased production an important factor in the strength of Utahs a.uMfci.trtw... growth Vs o N V 1 1 Second-clas- in June was running ahead of last year by more than six percent, but federal government employment in the state was down 1.9 percent for the same period. Utahs unemployment rate in June was 5.2 percent, and 1 ly t X H t X 'V Needs only metal regular Bed Frame. 4? ,3 Uses standard bedding s Queen e . . $34(0195 ' Six six " sales. According to the news The Articles and photographs submitted for publication will only be used on a space available basis and then onlv when the editor deems them newsworthy Such ar tides ard photographs will only be returned if they are accompanied by a stamped return envelc pe Times-New- s Utah 1978 lake Lloyd Williams of Nephi shows off a The 24 fish at trout he caught July Flaming Gorge. used a Williams lure. was caught on a Blue repella He line. was test regular fishing pole and trolling with Mr. and Mrs. Dee Bradfield and family of Sandy. The fish took 25 minutes to "haul in. d d FLEA MARKET SELL BUY TRADE 5 and 12 (Saturdays only) August Space open to Church, Civic, Individuals, Booth Fees $10 ($15 both days) Business - Professional $5 ($10 both days) Church, Civic, Individual Send to FLEA MARKET BOX A or call First Security DIRECT DEPOSIT means youll get your social security, civil service, pension or other retirement checks on time, every month1 And that means peace of mind Mt. Pleasant, Utah 84647 462-301- - 4 Please indicate dale Just sign Venice Theatre wy? ny v v jy y. S' y t uw x a one-tim- Simply bring your retirement check to any First Security Bank office and well help you complete the necessary forms. For your own peace of mind, and your permanent convenience, do it this month. You wont have to worry about it again. authorization and we e from loss, misplacement, or theft. Direct deposit service is free and easy. will make funds available in your checking or savings account on the due date, where Show Times 8:00 P.M. S' its safe for you Now Open at the VT 7j Sc 2Nephi, Business, Tt ' jvr No Heater required Six-Count- y related industries ( 1 plan A 1) in trade, services, and fnq. ss & The economy. Employment noted that consumer loans outstanding at commercial banks in the Salt Lake area in June had increased 30 percent abo e year-agtotals. Economic growth nationwide in the third quarter is expected to ease significantly from the rapid pace recorded in the pievious period, reported the First Security publication. The national index of consumer confidence rose in June, ending four consecutive months of declines. The states coal production continues to expand rapidly with 4 5 million tons produced during the first half of the year and second quarter production 25 remained percent ahead of last titudes years, the newsletter strong in the second said. quaiter. The newsletter Petroleum exploration II and drilling maintained last years record pace roadless Comments on the proacreage than during the first half of conin the other posals can be sent, in 1978. Production of any United States tinental writing, to any Forest petroleum in Utah has Service office. Copies of attenZobell told those apparently stabilized ding that the Forest Ser- the draft statement and after declining for the vice isnt proposing any supplements for each past two years. tate are available from wilderness m the draft The newsletter reportenvironmental state- the Spanish Fork office ed that residential conment. He said the alter- of the Forest Service, 44 struction activity should natives Wet Fourth North, in the statement remain strong in the from including Spanish Fork, Utah third quarter, although range none of the roadless 84660 the number of permits areas in the wilderness for new dwellings may system to the inclusion continue slightly below of all of them The Forest last years record pace. Service, he said, is Times-New- s Sustained growth in no stance as to taking which employment and income alternative it prefers makes the third quarter Volume 69, No 31 We want the people outlook for consumer to tell us what to do We August 3, 1978 spending highly favor- want them to get inVance P & Allan R Gibson, able in Utah. Retail sales Publishers volved, Zobell said in Utah for fiscal year he Times News (t SPS is published the proConcerning each Thursday b the limes News Publish 1978 were up 13.7 perSouth Mam Street Nephi Utah mg Co the 84648 postage paid at Nephi cent compared with a posals, nd address changes Ulah POSlMASTiR Commissioners to the Times News P O Box 77 Nephi in of 15.4 Utah 84648 percent gain all fiscal 1977. The Wasatch Organization urges Deadlines News and advertising close ol the residents of the area business Tuesday prior to publication Front counties of Weber, to become Deadlines advance one day wh n legal hob knowledg-ablday falls on Thursday Davis, Salt Lake, and and concerned . months $4 one prices Utah all registered with the various efforts Subscription year So 50 two years S12 payable in ad vance No subscriptions accepted for less double-digi- t first quarter to establish wilderness than months Smgie copy price 20 Advertising rates available on request percentage gains in retail areas in our counties Banks Security economic newsletter, letter, automobile sales in the third quarter are expected to be generally strong, continuing the favorable sales volume recorded in the second quarter. Car sales were sluggish early this year, however, and total chicle sales for the first four months were 16 percent below last year. The demand for cona major sumer credit atof consumer indicator f - AND IF YOURE 62 OR OVER ENJOY THESE ADDITIONAL SERVICES AT NO COST. Checking account, personalized checks, money orders, cashiers checks, travelers checks, notary public, ID card (your passport to free services) and check cashing privileges at over 136 First Security Bank offices. . I o', t--i y t-- i ri 1 S.tfa fc cA l Sa' i sA , . fJ .. v f - ' y 'r j'i, b-- t Ear & of v !', N f f ir' Se.u , 1), tgl |