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Show W ..v Ii ,,,,Er w Ira. N., - 'we VI, Wft - ',,.... MP, ..- ar .- ,- ,mr No- -- . ., ' 'LT - BUSINESS NEWS - All' :..;--,.., ' 7- -- .. - - - 'FINANCE ' . mommnsoltim.......,....0, . Union Officials .., 4f INDUSTRY '6"'"""1""1"""",""'''"'"''''''',nr"T'iv"'"nr"--, , , X ' - To El - 4II .r---- ---- -' Wet Mills 0' .....,, a...01-,...- , . At - ET 4 Nks, 4 t , Taft-Hartle- y J,,,,,,x7,,,,1 tr., ,. 1 '. ,,; - , ' Help Through ', ' .-.-. ,i'''N 'i'L. '4".', A ''' 4., ''''.. , -- 1, - I phase, says 1 - order is issued. Officials of the, U.S., Steel Co. in Utah said they would have no comment , until they received official notification of the President's Local 2,701, United Steel WOrkers of America,,is,:the union at both the - majority !heel Geneva and Ironton plants. Several other unions are also affected by the j; i , companies with - - t 1, , St L.ar'llumn ..., t 1-- Treasuri Officials Happy With Bond Salt Response - Next Wednesday president of the local and a member of the National Wage who returned recently from the negotiation meetings in the East, said, 'We strongly believe that the use of the injunction in this case is grossly unfair to labor-anthat it will not solve any of the problems inherent in this dispute." "The United Steel Workers of America will oppose the issuance of the injunction through proper channels at the appropriate time," the local , presidents aid. "But if and when .,the in- junction is used by the President, the United Steel Workers of America, as a law abiding organization of American -- o be nai y the law of the land and will conform to the presidential edict," he said. "We feel it necessary to make this statement at this time to assure our members and the public that we are carrying- out the responsibilities intrusted us by the membership and to negate any and all statements to the contrary made by persons who have neither the right nor the authority to speak for the mem- bership on matters of policy," Policy-Committee- , - DearWeaver, Rancho Ramblee, 580 S. State, and L, Calvin Bosse, president, Bosse Motors, Inc., 823 S. Main. The 1960 models will show a slightly shorter and lower overall silhouette on the same wheelbase. Rambler passenger c a r have been shortened nearly two inches to 189.5 inches overall, by the design of new bumpers and bumper guards, and the station wagons have been shortened by four inches. A slight reduction in height results in a one-incdecrease in headroom on both front and rear seats. The company also is introstaducing a new three-sea- t tion wagon this year, with the third seat facing the rear. There is no tailgate on the three-sea- t model, and instead, a rear door 'allows passengers direct entry to the third seat. In addition, the is eliminated on the spare-tirnew wagon, and "captiv- 1 the bids, surnising will sell extra $300,000,000. - s', , :.;,,.4t.-,--- -!- , .:,7 ''''.,, -- ,,-- . - , , , t-- treasury-- - notes worth r..: ,. , 1St y , Officials reported that they .tillk,A would ITIPPt in full $940,569.000 in orders of $25,000 or len 441114 which were accompanied by full payment in advance. Sub- 1;Pg:r P1.4ricia I jOct of percentage reductions it ranging tip to 95 per cent because of the heavy over0 .s . , subscription.' - , Officials Pleassed eiIIIJ Officials were pleased at the A offact that pearly half the fering was snatched up by smaller investors. The treasury would rather sell securities to EVERY CAR POOL them than to commercial banks because they consider this less AGREEMENT SHOULD inflationary. HAVEA!131.31' The treasury announced sub- AMERICAN CtALI5e scription allotments of 45 per ammiiinenomil cent to savings-typinvestors such as pension funds and insurance companies; 8 per cent to commercial banks, and 5 000 of the notes will be awarded miscellaneper cent to all other investors. to individuals and orders whose ous subscribers commercial the Dollarwise, to 5 per eent edbanks' share will be about were-subllotments. $570,000,000. InIncluded as savings-typThe sale of "the notes was are vestors mutual savings dollar bor. part of a loan associarowing to be completed next bank, savings and credit states, and unions, tions, auction with, the Wednesday wmen t en do 245municipalities, two billion dollars of of benefits day tax anticipation bills. The funds and fraternal interest rate on these will be determined by the accepted bid prices. Maturity Date The notes will be dated Oct. 15 and will mature Aug. 15, 3 , ,,,,,. 4 x Sk , ,e0PP. ,.,....,.,.AP,---,,,,-",-'.6 t-- ,; ,..,,:-,- , ,......,. , i ,... 1 t k ,.,- - ; , ,,- ' - ,. I Co. U.S. , y ,,,-- ,, - ,'' , 11j ..,-- - $ s;; car ci t , ,...,,,r, i v,:,..-- I ' r,.....:,. 4 - -- ' At:10,11V i411,y4,4 n....ivoks.,,,.. 1 I 1 kern P i, ., e, , , ,,k I , : .., - 5 . cw- s ITM1111oar, .7.71. NJ 1 - - V: seseseLa J :::::: l . my kibte - No -1 roe E14614 ' ., !Mit a II , l''' ono monmoo '1 , mu thialS 1 Owl . - c - o ! 111100;144;1) ' This week's house is a corn act home designed with present-day building costs in mind and has spaciousness, freedom ot movement; And teauty.------ --One of the reasons for thist is thee unusual floor plan. Every room except the kitchen opens onto a central hallway running from front door fo rear bedroomsThe Idtchen is away. only a And the utility room also catr traffic. ries 1:ni - t lc lows 11.11 opi, :uvoiGaiii4 2 - 'OAT" , Economy,Beatill ite - 1031 I Ngyl - , ' C - increase sales by $150 million a year. - , Compactness, c, Kea 11111111111111011111111111111111111111 11111111111111111111111111111111.4111111 I I. This Plan Givds 1 c se, , t1111101111 , ' - so e , , , : , . -- ' .......,,,,,,,.,t,s,.4...60.440A,,,a,,J - - , I c' I- c) - Ws , , - - - utility-room-widt- -- ; - , indoor-outdoo- SERVES HOUSEA central hallway in this house serves every room with the exception of the kitchen. The kitchen, however, a utility. room away from the central hall. HALLWAY This is Better Homes & Gardens Five Star ,Number 2901. Complete w orkinK be purchased drawings can - la-on- ly earnings upturn in the fourth quarter of the fiscal year ended1 July 31 indicates that some of the company's problems are behind it and better times may 1 ''L - i . , ....;,, ,......;,.. --- I I .001111104 ,0 L , ..3v... , , 1 - Harris. Upham A; Co. says speculative p4rchases of Royal McBee Corp. common may be warranted, inasmuch as the , - ) ?;:i I . ' .,,,, -,...,, ',' ,,;.' 1,,,''y . T':,:.',,,t....,,..,,,..2si,::;.i. ' .:,. , t" 4 .., t'''.- ,- s. .- -1 I ' - . ) 4 - .....' Iaz,11 - forkirlivobnormoi t,!-- -' , 1..."PL 1"j"."6..,:,, .,...4.0.0.;..te."...""04 - t Van Alstyne, Noel & Co. rates Bethlehem Steel as one of the more attractive issues on the in the industry-botbasis of good income (despite the strike) and potential capital appreciation. - BEAUTYThe 'lines 'on this v!ek's borne are cleartAutd-limpleDetails, such as shadow boxes around the front door, bring out the beauty of this compact home. The overhang on the terrace side of the house provides aprotected passage. way fro, m garage to house. , , , .,: ": sier4goue -- : ---- ,,,:,:4: - Printers Ink calls attention to Montgomery Ward's iggres i sive expulsion drive of stores. Twenty major units annually; the mar azine .notes,--an- d these would - - OCTOBER 10,'1959 ., COMPACT - '- ,.......,Iz,,,,,-,..--7.-,.,,.... : - - e 4,1.0,16.,,,t;,,,;0.,q,c,:si:4ii).,. k --- , - -- lr ,t, ..." '' - 7 UTAH, SATURDAY, , 46,... ,....... .....ea'40.4 ' wholmchearotethtoep-mhevaevyr- full-lin- WASHINGTON (UPI)The Treasury jubilantly reported Friday that nearly 108,000 smallerInvestörs helped swell orders for its new 5 per cent note to $11,123,310,000more The 1960 line of American -than five times the $2,000,000,000 worth originally offered. received a record The 129,755 orders for the Motors Corp.'s Rambler auto- note fromTreasury investors 'attracted mobiles go on regular display by the highest interest rate 4'14tst4'1 in dealers' showrooms next! on a government security in 30 years. As a result of the - '''' 1 1 '''. - , - , - ' ..- ,, i, 87-da- old walkout,- - Wilford A. Biggs, - : . I Display (, new commitments be restricted t9. old name quality companies having fairly strong cash positions." Hutton suggeststhat these companies would be in the best position to weather the exist- ing money shortage. I Go On . 16,.4.A Money' short term, Hutton "Prudence would this time," the firm ----- 1960Ianiblérs ,,..:, , 01,,. There are many small - THE 1960' RAMBLERDean Weaver, left general manager of Rancho Rambler, and L. Calvin Bosse. president of Bosse Mators, Inc., cheek one of the Rambler Ainbassacior models whith will go on display in pelt' showrooms beginning next Wednesday morning. -- back-to-wor- . '''' ...- , . . a NEW YORK (UPI)Liquidity is a feature that will favor companies in- a tight money . -- L ''TightI - plants. e!, ' . - 'V' ,,16,..oulli r-- ......"":",...."...."411moofts. , , ,. - , , te 0, ,7..., -- . ... '.... SALT LAKE CITY, - .,-1,- ,tf , , -- 7, ' t- , . f:0)1t, The President Friday'. took the first step toward- - ending tbe steel ostrike when he in-yoked the laW. Several more steps must be taken, 'however, before the actual ,.1" , - It ., ,..."."..4.,,..,J, 1 (I' ,,,,, ..0'' ' 0'.-- , 40 : Nir 4 1 P -- : Liquid Assels !:: - Ire- .. --------)r----.4- ,":-,.,z - .,1,,,. t ' . Officers of the steel workers - union in Utah, Saturday were laying plans to stul their men f back to work following Presi- In-' , dent Eisenhower's action in I Law. - voKiDg the But theyyowed to oppose lar suance of the injunction which , would compel them Ito again begin producing stet at Utah : p',,,: ,- Mr etr : 7 . - 4t . 1 . ...s i Prepare Return , ::,.....0 y.110 41 fir ..,,.sor Street Chatter 1 Nr 'e. ' : - , .- , me . MINING ETS .0IL-MARK- - - , .',: - . - '. . ,, . W , NW ,E,,,,re,11,CW-WV.IrMNPIr-',IF-11,--W-Mr from Dollars And Sense - Meredith Puhilothin- r- Co., Des 0 post- Moines, Iowa, for-$1- - ..4 More Health Coverage Dept; GP-200- paid; $7.50 for each identical set ordered at the same time. - , ' - The hall saves steps because to put soiled lie ahead. clothes from bedrooms only a d rew steps feom the waiher, Nee-di& The same hallway, with adAlfred L. Vanden Broeck Co. says a study of personal joining closets, zones off the three bedrooms for quiet: Care- - - Income shows that Americans By ClIART,ES V. NEAL JR. jut planning keeps rooms from generally are not inclined to Family Financial Counselor being used as passageways, vary their rate of savings as Somehow or other, the health insurance companies should giving ,a sense of isolation. income rises and falls. "If there is any tendency It is to consider- - better coverage for housewives and mothers. Just Four doors, for example, carsave less in a period or reces- the other day a young mother of two came down with rheu- ry traffic in and out of the sion, but there is certainly no matic fever, a disease which means months in bed and no house. Except for the utility room, every room has cross or inclination evident to save activity. The heart must be protected. The husband had to hire .a more in times of prosperity," 'through ventilation. Lines are clean and simple: sleep-Ihousekeeper at $50 a itpoints ouC week, plus board and room. might get a leave of absence details, such as shadow boxes not without grumblings around the front door, rbring VV. 111 Hutton Sz Co. likPs This came to hundreds of dol. hut from the head office. the out beauty. above over lars and Heinz con reg"as a value for 4. J. At any rate, if no solution Because of the Lshaped layular medical and drug bills. ervative Investors." to the problem is forthcoming out, the house gives you extra I wiote to the Health InsurIn the near future, I may sugliving space. The protected ter.-racAmerican Optical has be- ance Institute to ask if any that each family man inbetween the garage and Mr. Briggs said. come indisputably a growth insurance would have covered gest and put his wife on screened porch has a barbecue az This expense and learned not. corporate Thomson enterprise, saya the payroll. She could pay he Mc Winton. There is enough Since the wife had no cash some of the household bills ; for outdoor to barbecue is handy equally a income, the policy to make here leverage with her money, as any part- the screened for Mine-Mi- ll nights since porch, And not would apply. active market perstock an ner, but at least she would when mosquitoes are out. e-air" tires are standard she was treated at home, a have former, the firm asserts. a cash ificome to lose If can The third seat Overhang on the terrace equipment. hospital policy-- would have illness strikes. - side also provides a protected be lowered to turn the space been she Had no of been tise. Of But there must be a simpler. into a cargo area. passageway to the house front covered in the hospital, there solution. the garage. recost Pillars on all models have of her was still the been slimmed, increasing glass placement. It would be difficult for area in windshields and winEarned Income Mr. Neal to analyze your II- Awards Oxygen Pact dows by 7 per cent. Anyone can see that this nancial problem by mall. OHIO YOUNGSTOWN, Taillins on the new models wife had been contributing inHowever, any problem or Recent meetings between I are Sheet & outward. The front (UPI)Youngstown sloped sent to come him the to care in intangible family; question Tube Co. announced it; has representatives of the Intern'a- - grille and both front and rear Income perhaps, but income. of the Deseret News, P.O. a $1 millAn contract awarded tional Union of Mine, Mill and bumpers are made in two 1965. Box 1257, Salt Lake City, She had been cook, babysitter, Officials conceded they had in and Oil Linde Division of Union to production the gas to reduce costs. KenneSmelter Workers and pieces and companion. will be considered by him repair a than usual Utah- during the first seven housekeeper for a new oxygen Carbide t Corp and has a expected to bigger arcott' Copper Corp. officials The grille is for future Her reward or pay for all Jta olubjects the new 5 per cent response months of 1959 have yielded to bolster widely-space,steelmaking plant pattide's. have produced Lno agreement rectangular innotes from operators a gross income of this had beeri - the devotion Its Campbell at operations on any important issues," a tern. own C. and hor NORMAN STABLER b (11,100rod vestors. However, the actual h. Illrtster By $70,036.361.95, according to the of her familyWorks. Mine-Mil- l end Tribunr Syndtertr, Irtsr statement released Engines available remain flood of orders exceeded their N.Y. Herald Tribune Service Utsh Oil Sat- satisfaction, and she did get released report same as 1959 for the basically and Saturday said. food, her lodging clothing expectations. NEW YORK No battles urday. Representatives from eight except that the Rambler Rebel The $940,569,000 in fully. The compiled by the thrown in. The insurance Mine-Mil- l - 215 Nelocals in with stock Oil andfigures were won week's in Utah, horsepower engine this . included: Gait Conservation Com- company would say this in- IF YOU'RE NOT USING THIS paid subscriptions vada, Arizona and New Mex- - four barrel carburetor and $67,292,000 from savings-typmarket. When they write the mission of Utah, under direc- come didn't cease and that's ico met with company offi- dual exhaust is being made investors: $67,563,000 from of Wall Street here is tion of aeon B. Feight, execu- true, but how the expenses t 7. available in a commercial banks and $805,- - history tive secretary, show the yield mounted. f,,,I,, - cials Oct. I, 2, 6 and lost will one that get . 'We talked, we explored and version with dual carburation chapter 1,, t I suppose if the insurance 714,000 from individuals and than the preslightly - we discussed the issues but and single exhaust. All engines "all others." in the file, The best thing that viously higher ,,,,, ,. i $10 million actuaries rose to the occasion 0 reported ....mory...... t - . we could reach no agreement; vse ... , ,, .4, is that it per month. covered such losses, some about $120,000,- - can be said about-iIn and 1 gasoline. regular addition, mukTolen . the Mine-Mil- l statement said. ' Meanwhile, the Navajo Tribe wives would answer "sick call" closed on a -- strong note. The, $ '',,to ,,,,sv... The union said the company us. would this schedthe next at has its first advertised sniffle; V.I. 4 n 7." 1 made an offer Oct. 1 which final day of the week was the uled lease sale of approximatepremiums out of rea- '1111111111161 - - 55 included ,., , one best suited- - to making the ly 1,120 acres in seven tracts putthe sea. son. But if the coverage were ,,,1 '''' ',4.4:is i across the board wage in s ki!..811 perennial optimists more opti- of 160 acres each, all in San limited to specific disabling 21-er times pay for holi .." auil!...,11 ! Juan County. The opening of diseases, and the insured made r;,,.,t17,--mistic and pessimists cynical '' days worked, double time for, es. .i?iisise will take place at 10 a.m. to participate in the costs, the bids feel less secure. 0,-, hours worked in excess of 12, , 21 at Window Rock, Ariz. problem could be whipped. iso The week was about a draw, Oct in one day, plus other ,fringel of sale similar Terms are the Home Can't He Stay From reason. and for good benefits. of.1 no:i iiiilielles By JACK VANDENBERG ., 8 They had just enough 1960 time to time we have discussed to the last "royalty bonus" man bears The However, in . exchange for, '.1 A a few months ago. showto in fering models their cov- these display Editor 555 Automotive UPI lack of this of the brunt school of the technicians, the .. benefits, the company flat $500 per acre cash bonus cum- : afford II those very wise fellows who is 0 wants all managerial author-- , DETRorr (UPI)The auto rooms to attract potential with bonus bids erage, since he can't .1' required. tomers. of the prospecMany sick to his home to care nothing of help stay 0 if ity, the union statement said. industry' s steel supplies have tive 1960 mod ---- --to submitted be A11otha royalty were 1 't buyers ...sea I --- 0,,; news and basetheir market I basis with minimum-Toyal- ty wile.An , organization- man dwindled to a point where full "What Kennecott 1959 odels at prices advice on what $, 1 see the in wants is the right to fire, pro- production could continue for buying they ' i '''''' acceptable set at 16 per cent. ' slightl above wholesale charts. i ' mote, demote, discharge, disci- only about one more week and only details of Full the offering o 000 6". informed when steel that the '4 t : On the opposite side of the may be secured by writing to pline and lay off employes at some cutbacks aready were strike cause a long delay battle of brains in Wall Street General might their own discretion regardless in progress-Saturd- ay A Superintendent Glen in delivery of 1960 models. '. ' fundamental. R. Landbloom, Navajo Agency, are the , i of union contracts," the union After next week the industry ol ,' 4. Layoff Increase fl ' said. ists who say unkind things Window Rock, Aria. Is expected to cut back to . The Union said it would con--- about one half the pace it had A VI Although steel ' shortages from time to time about techThe Intermountain Associa. , A tinue ' negotiations with the counted on to turn out 640,000 still have forced no complete nicians and who take seriously tion of Petroleum Geologists, Ckrla"Al .. . - closedown of final assembly a . tterli company "imtil we are certain units during October. change of a hundredth of a Salt Lake City, have elected I that agreement is impossible." : I.. , Although the industry had lines, layoffs were increasing point in the treasury bill rate, Willard C Gere, district geolo-, -----' Union and company officials expected to more than double in plants making parts-for-tdiviconservation the 4 for the Wholesale commodity t.:7- .... gist ,,,, are scheduled to meet in Salt its September- output this final lines and even an im- index, a change in carloadings sion of the US. Geological SurS ertices - mediate end of the steel walk-readalL some succeed to as City Wednesday. or in .unsold suppiles of cop- vey, month, companies ,.. president, . Meanwhile, the International were slowing down pro-- , out now would cause at least per, the excess of crude oil Jack Q. Tompkins, district ge- . . . , Association of Machinists has out thelr some interruption of peak pro-ste- production over refinery runs ologist of the Sunray s, inis It itttaken under advisement a deft- - duction to stretch . ex Co. duction for Oil all , in to companies, supplies. stills, the price of hogs . nite contract proposal made by No final assembly lines were cept possibly American Motors Sioux City., etc, The Bureau of Land, Man-- I . t Week 1 company. The contract actually shut down but the and Studebaker-Packard- . Having poked a bit of friend- &gement has announced the l Motors was expected ly itin at technicians ' from Secretary of the Interior pro- - I twoposal was .made during a rate of output was , ta)1M114, ' to begin closing down its final time to 'time, we now wish to poses to amend the federal oil 1- .. , Gain Fails Short peeling of union and company T to !negotiators Friday...Afternoon. - Because-o- f this policy, eou-- - assembly linos Oet. 20 if new It your for we can't' and gas 1 I D till-PII 1 :. Petails of the Proposal were pled with labor trouble at Chry-- I steel . , supplies aren't forthcom- - see how they can make head increa se the amount of an op. . , . ot announced.' bond froth ; erator's at then. drilling sler Corp.'s stamping, plant mg by Chrysler Corp. or tall out of the current stock 7 I Oil I 1 , ( IT 15 1 LI ,If " 1111Z i ri Bargainers for the. United Thinsburg, Ohio, last week, wa g. expected to follow suit market, no matter how wise $5,000 to $10,000. ' I rap) place 1: LI..1 teetWorkers oLAMerica are - and-Fo- rd shortly-afterw- ard Ia 1IMMO( !4 ' 'St.; industry's production-du- rIZZiP f 1 ,41.6..1 Ira a backintand they iI tchedOed to meet with corm the Co. be will Motor. added climbed to week the the past only LII dis! :au .. big is that IrE 11: I filling ',lira:IT!, market, i bTZw.-,ql officials Monday. , list Nov. about of worship )any 15, if the strike turbed by fundamentals. !t-C.3 eight per cent above the previ. ,:.1 Ilir It 1 I (I., -, : ous week, far short of the 50 continues. I I will break out one way or the -- i '.., 'a ,.., 4Z,):,, (1 r' AmerNan Motors and Stude- other, of course. (They can't pit' cent gain hoped for ;gar Gas Business Report a 1 i q ll's C,J, were' expected get us up on charges for makThe steel strike also was 1 1 blamed for a softening of new to be able to continue full pro-ca- r ing that iicwii 1I NEW YORK (UPI)-:-Amo- ng al3 IIM obserIrlyirNIEBO , t. I he nation's 50 largest utilities duction for about two weeks ,vation). sales. t 1 FAO LOANS ' I ., nat. in the those all more new before car mg ,, aDAK:11; Ford their than types, pf During September, " Up JO S6C0 1WE di& and : tNamtc COME WAGO tral gas ,transmission sales dropped 25.3 per cent supplies begin to run out. , YOUR ON . : , 'DErtnlit,,ikE,-,.sales. Although Tribution business showed the under-Augu- st SIGNATURE! Output of 113,976 cars dur, - overall,, be boosted week was the the the growth greatestpast of ing expected, drop -96 1960 mOdels laid 1958; according Isome was much ;larger than total Iiumber-,;weer-11- GENERAL FINANCE ct . t ,Paint to-r Equipment available to about 430.602ina study bythe economic had 1. 711 CONTINENTAL SANK SALT LAKE 000EN sttuStion. however,: Wal( eluding almost 104,000 small end management consultants , . . ir State Walk. Alva. TVS Sc '''' EM UP EM4-946- 5 dealers- clean Cars, half of which are brm of 'helping EX 44414 i Do 1 OOO ee Chmost of 1959 ribdel cars.-- 1 biers and Studebaker Larks. . ion & Co Inc. loodisys 108-inc- h g ! e Holes --- Failure Kennecott Talk , It makes possible For Hdisetvkas A e e et e four-billio- n Stocks Close Week On Strong Note die-cas- - Output Of 011, Gas Nets $70 Million , , . ' . e - I - 1. Atito.CotbackLaitipit-- i , , -- .4-- If.Strilte.TD01$.17,--- ,... e-- - 4:?i9lf 0- ':.,.. day-to-da- really 4b .. I 11- . 1 - V he - y .. s - . - - , , A I ' t reduced.-----Genera- es, -- . lease-requireme- -- glill Ili 011111--'--- t i . t 0 till .. , 1- ... - be.-Th- : is I I I 1 -- - baker-Packar- fill .LtWt fiii;z: d world-shakin- g .1 ' I1 owe Rents' i -- Boni-Watki- nson ,up-the- - - , - Ram-supplies- ,' i 44-56- 1 U .. Clj t (It - . i - 1 i II It Ltii:1ila iil 58 I I 1 . 7 ,,, I I ,,, 115-14.JLAPF:- - ri- 4 1 ir a lt,-1L. ,lnz t 0 01, ,)i I |