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Show vr ITho Tooele Transcript 17, 1959 Friday, July Babson On Income ILiL.on Park, Mass., July IS itcrtst on Ixmds and the dividends lectric l)nw Jones Industrial Aver ion piefirred s'ocks e is tod ly alxnit tiiiO, compared power companies are safest from lTfilubor troubles, which are desti"d aitn 3.0 live years apo and en yeais apo Thereloie, it is .o become more st rious about all dangerous lor one who dins noi other industries 'Ahen going crazy nave electronics" stocks, conservative reiommen-- about fioin a long established member that electronic always service, or from a trusted bank depends upon and uses electricity. or brokerage official, to inves Stock with money today in common stotks long Dividend Records Like a tiajxe artist in a circus, When a reader wants a stok he higher up he gets, the in ior income, he is interested is Ins fall the number of years that the Bonds Versus Stocks company has paid dividends. As In view of the continued thieat .he electric utilities are young, of inflation, I am not now adws-na .hey have not generally had my friends to have all of their ong record Many insurance comeven unds in bonds though panies. gas companies, and the Ixmds now yield much more than like have been dividends paying s.ocks This applies not only to ior alxiut a hundred years. For long term bonds but also to short instance, the New Haven Gas Co. Witness the rerent has been '.erm issuis paying dividends for 110 issuance of one yiar treasury years, ihe Travelers Insurance s to hills and yield four has been paying for 96 years; the New Haven Water Company percent My father, who wits a country 82 years, and the Home Insurance hanker in Gloucester, Mass, used Company, in which 1 am a great to tell me that prefeired stotks believer, for 86 years. are neither "fish nor fowl," "hay The following are a few other nor grass." As a rule, such stocks companies coming to my memory. are redeemed if the company is Their stocks are all common successful, and wiped out tf the shares as preferr-d- s did not excompany fails. This, however, was ist so long ago. The Aetna (Fire) Roosevelt squeezed the water out Insurance Company has paid of the utilities and when they were dividends 87 for consecutive Invery competitive. Today, for years, the Hartford Fire Insurthat ance, 87 years; National come and safety, I believe Fire First Preferred Cumulative Utili- Insurance, 88 years, Phoenix Inty Stocks are worthy of purchas, surance. 86 years. Southern New especially if issued by the local England Telephone, 69 years, and company to which you pay a mon- the Security Insurance for 66 thly bill If by any chance you years. can find such a local stock which is also either convertible or it is especially alt i ac- Hi 1 -- s I i;, A Ut! ' -- v -- - three-ourth- i DOCTOR T. M. ALDOUS examines a burn victim at the Tooele Valley hospital during Tuesdays Mock Air Raid. The Raid was a test setup by the County Civil Defense unit. Photo by A D. Thomas CINDY STRIPER MRSIH PERKTS gives F irst Aid to an unidentified victim Tuesday during Tooeles Mock Air Raid. Civil Defense rated the dull as a huge success. Photo by A D. Thomas ry l A'-- ; 4 A A A 7a vte (P s . B I tt K a It. Nr-s,- , r iX -- na Rydalch and Alice Walton. Heading the COMMITTEE MEMBERS are pictured above as .they make plans for the WBBA banquet committee is George Norton, absent when the picture was taken. The committee is askto be held during the World Senes scheduled to be played here next month. L to R are ing the generous folks of Tooele to contr.bute set salads or cakes for the banquet. Flornce McPhie, Sally Bryant, Vi Parker, Ed the affair. Present plans call for 503 George D. Norton. Part of The Tooele High School Pep Club will guests to be in attendance. of Chariman help with the serving. menu committee, rlorence McPhie, Edna Rydalch, Donations of cakes and set Vi Parker, Alice Walton anC salads are urgently needed. Any Sally Bryant, face the herculian one interested in helping is urged task of planning and arranging to call any of the banquet comfor the large crowd. Assistance mittee to pledge a cake or set The WBBA World Series ban- - will be given this committee by salad. quet committee is working hard Wanda Nash, Ruth Smith, Marge to insure success of the welcom- Smart, Lila Bell, Raida Gicen-land- , ATTENDS WEDDING Irene Bell and Alice Sly ing banquet which will take The Carma McAllister is in charge of Mrs Joseph Beck attended the place Tuesday. August 18. place selected for the important decorations and Walt Wickham wedding of her nephew, Richard affair is the Tooele high schoo will take care of placing. The Pixton, on Saturday, July 11. A n lunch room. entire banquet is under the reception was held at the Douglas The banquet will be a of Tournament Manager ward church in Salt Lake City. huge WBBA World Series Banquet Set For Aug, IS dir-ctio- NURSES and volunteer workers were busy in the emergency receiving room of the Tooele Valley Hospital as over 80 victims were brought in during the Civil Defense Test Strcii her bearers were Explorers from Tooele Post 131. Photo by A. D. Thomas some of which are grossly .nadequate in design as well as space for the handling of today's neavy mail volume." Summer field continued. It has been actitles, Post Office lo Improve I irs I Class Mail Service Aug. lsl proSweeping improvements viding next day first class letter service for most of the people of the state of Utah were announced today by Postmaster Gen. Arthur announceE. Summerfield The ment was made in a release issued in Salt Lake City by W D -- Brewer, Denver -- Regional s Future of Electric Power Whatever happens during the of next few years, the output elect! icily will continue to increase. This is due both to the fact that the cost of generating electricity is gradually decreasing and also to the fact that dt mand by municipalities, industries, and homes is constancy increasing Most rend rs of my column have seen house heating change from the use of coal to that of oil and gas I believe that our grandchildren will see electricity take the place of oil and gas. This elethe ctricity will supply heat hi winter and air conditioning m the summer, as well as operate many home appliances not yet invented We do not see much direct ad vertismg of electric power; but ihe newspapers are full of ads .or all kinds of electric applian often with no down pay ces, ment required This means that there are hundreds of thousands of dealers who are selling electric appliances which will use more electricity. No other industry is in such a favorable situation, with a monopoly, in addition A1 r though the rates of electric arc controlled by Slate ComCommissions almissions, these low rates which will pay the in tive complished al Operations Director. Mr. Summerfield staled that postal patrons in the area are now through the whole hearted cooperation of postal and employees, postal officials many olheis." The Utah mail improvement area reaches fiom the Arizona border on the south to the Idaho border on the north and in most instances .rom Colorado to Nevada east and west. The aria originates more than 99 percent of the stales assured that, barring occasional human error in distribution, firs' class letters mailed by 5 00 p m or, in a few smaller offices before the last dispatch, will be deliver Post ed to their destination within the mail. V W MhmW . area on the first delivery trip of been Distribution centers have .he following business day established at Ogden, Provo, Richand The Utah mail improvement pro- field, Price, Cedar City, Brigham City, with Salt Lake City ject is a part of a nationwide effort to improve the postal serving as the central concenlra ENDS SATURDAY service, Mr. Summerfield pointed tion jxnnt These are the cities United from which principal mail routes out. Thirty six major ENTERTAINMENT on States cities together with various emanate. Mail from ollices which THAT PUTS A routes enter these star have sized areas surrounding them post for already inaugurated similar pro- offices is readily available GLOW IN to other distribution 4 grams, and ajiproximately 50 addi- transfer YOUrt HEART! tenter tional ones are in the planning points, the concentration N stages. However, the Utah pro- or railroad post offices. ject which includes more than Throughout the twenty seven 5.0J0 of the states 84,916 square county area, such routes have miles is the largest area yet to oeen rearranged to provide the be included in a single plan, ac- fastest possible service between ceding to Mr. Summerfield. Ex- the various communities New moL cept for Daggett and Rich, all or tor vehicle set vice has been ... . and part of the states twenty- - nine in several cities counties are included in the Utah towns to permit the offices there mail improvement plan, and the lo dispatch all of their final col total area is greater than that lection of mail to connect with CROSBY served by entire postal systems dispatches to Salt Lake City and "Deb but m countrmany toreign systems other points. involved REYNOLDS ies. The great distances However, in addition, hundreds (in some instances more than 400 of thousands of RobeCO of first pieces to road miles from post office class mail are being advanced as WAGNER post office) require precise tim much as 24 hours from eastern and mg in collection, dispatch, as well as west coast cities thru transportation shcedules die new sercice. Mr Summerfield called Funeral Held Fur Former Resident Funeral services for Douglas P. 53. were held on Mon. July 13, in Salt Lake City. Mr. Bowers, a biother of Mrs Lucille Hammond, died on Thursday, 9 July, m the L.D S hosoital of comHe plications following surgery. was a former school teacher in Vernon, Utah, and later worked for the Rocky Mt Fuel Co , at which time he made butaine deliveries to Grantsville. Those who attended the services from here were: Mr. and Mrs. George Hammond, and Mrs Elsie Hammond. from Mts Irene and LU Bell Bowers. Tooele. Want ADs Pay units.-- . mil) ay M ro po-ve- Round The FuaG, pjsuLV Boys I all-o- maScopE 2cv COLOR by 06 LUXE AND -- V SAT. SUNDAY -- y m T-B-E D-e- . the improject the "greatest single for provement in mail service Utah in more than a generation. s The program for better mail service has been in test operthis ation since June 8. During shakedown" penod, results have exceeded expectations. The entire area encompassed by the plan contains 240 Uiah post offices or other postal installa tions That figure includes all Jb offices of the first class; all 47 of the second class, 71 third class, 106 fourth class. In addition 28 branches and stations are served The total pieces of letter mail landled on an average day by these post offices exceeds one first-clas- mllion. "This service gravely HERE FROM OREGON Mr. and Mis Ray Gillespie and aons, Bud, Don and Mr. and Mrs Deloy Gillespie and son Larry o Project, Ore, have been guests or a week of their mother, Mrs and Hanna family Gillespie members They also visited with relatives in Salt Lake City. , Hit .rc. ,- - RAV LI r; y INDISCREET vr S0UN0 HIGH FIDELITY STEREOPHONIC WALSTON I III! USHUl I0I1IT 'ECHMCOlOR'rfom V.AfifJlR Mill RROS iSZZ AND Matinee Sat. I PM STARTS SUNDAY FISHING TRIP and Dick Smith, son of Mr. Mrs Wilford Smith, Lehi, who is a guest at the A W. Steadman home, was accompanied on a fishing trip to Thousand Lakes, in the Nolan Uintas, by Bruce and Steadman, Larry Powell and Ronald Chnss. They left Wednesday o and plan to return the first vastly improved has been possible despite next week. Ditk will return home overcrowded postal faci- - some time later. 9 O MARILYN MONROE and her botom companion MON.-TUES.- TONY mail - ip- ED. Al ? CURTiS SUSAN JACK HAYWARD IFMMotf T, BMilPFR production Some THE Tlit STATT LI) I HER CO. MUIDrt TIU THAT SHOCKED THE W0UDI FARM & HOME SIT FLY n ILL BE CLOSED ALL DA Iniy 23rd and AND THE DEFIANT 6 Y 24th GET ) OER SUPPLIES AHEAD ONES t. ? 4 B E B E B B B B |