Show Stocks Standard-Examin- Sunday November er 1 1 Business Editor: 998 625-42- 45 LY WEEK 3ow Jones industrials It' ' V ? 13981 at 859210 The week's stocks - Pages F BRIEF Cases Do it yourself Dropping the escrow account in order to pay taxes and insurance yourself is a good approach when obtaining a mortgage 3F The right stuff? AISLE OF PLENTY: Shoppers check out the newly remodeled Wangsgard's Market at Second Street and Washington Boulevard in Ogden The store is celebrating its 80th anniversary Today’s job seekers in a tight labor market are showing up for interviews in less than their best clothing and 3F behavior Vsnr§ Wangsgard’s uses personal touch through eight decades in Ogden By BRICE WALLACE Standard-Examine- r 0 staff Cl DEN - EfTie M Sackett can cite prices selection and convenience as reasons she’s customer a of Wangsgard’s beep Market for 64 years But perhaps the main reason is even more basic “They’ve always treated me well and they call me by my name” Sackett said “I’ve known all the clerks in the store and they've always called me by my name and they still do It means something to me” That helps explain the longevity of Wangsgard’s this year cele- -' brating its 80th year in business Even though the store recently underwent a $1 million renovation to change the physical structure customers who have spent decades snaking through the store’s aisles say it’s what’s inside the staff - the heart the caring - that sets it apart from its competitors “They should do fabulous with the place fixed up because they still treat people like they used to” said Ralph Kunz whose Wangsgard habit started when his parents shopped at the store when it opened “They’re friendly They make you feel like you own the store You walk in lh:re and when they speak to you you’d think they’ve known you for a hundred years” -A : look back Ogden residents have know n r the store for a long while if not quite 100 years Pete Wangsgard it in the Five Points area ' in 1918 The store was 23 feet wide and included living quarters in the back for his family In 1947 Pete’s son Owen ©if mmDimdnimg ftte store bought the adjacent Forester Drug and the store expanded into that three-stor- y building which had been used for basketball games dances and plays among other things “It would be kind of hard to have those types of things in the same building as a grocery store now” said H Dec Hutzley Wangsgard’s current owner “That’s the kind of thing you see in shopping malls and com- 6F THE WEEK AHEAD Monday LOOKING GOOD: The outside of Wangsgard’s has a new look In 1959 Wangsgard's moved to the northeast comer of Second Street and Washington Boulevard its current site At the time it was the larges t supermarket in the Top of Utah In 1963 Hutzley and partners Owen Wangsgard and Russ Smuin enlarged the store by adding a drug store It was the first of that type of combination in the area and the store has for years also had an Ace Hardware store inside When Owen Wangsgard retired Hutzley Smuin and Calvin Chandler took over ownership and operation and the Hutzley family became sole owners w hen Smuin and Chandler retired following a renovation project WASHINGTON - Commerce Department releases personal income for September 6:30 am construction spending for September 8 am Treasury holds auction noon DETROIT - Chrysler Corp releases its sales figures for October Tuesday WASHINGTON - Treasury holds auction of Treasury notes noon NEW YORK - Conference Board releases leading indicators for September 8 am Wednesday WASHINGTON - Commerce Department releases factory orders for September 8 am Federal Reserve Board holds public meeting 8 am Federal Reserve releases beige book survey of regional economic conditions noon Treasury holds auction of 1 notes noon The secret to success Store officials credit membership in Associated Food Stores Inc with providing Wangsgard’s w'ith strong buying power and allowing them to focus on customer service “Being an independent means we give better service” said Phillip Child the store manager “We always take out groceries our checkers always unload the carts at the check stand We just sergive good Thursday WASHINGTON - Labor Department releases weekly jobless claims 6:30 am Freddie Mac releases weekly mortgage rates noon Treasury holds auction of Treasury bonds noon 30-ye- Friday vice” “Our customers the people Hut-zley- StandardNET has undergone a makeover Major business events and economic events scheduled for the coming week (some dates are tentative: times where known are Mountain time): plexes” who trade with us are like family” said Sandy Dawson daughter and the store’s general manager “They really See STORE7F A new look WASHINGTON ’s Courtesy Associated Food Stores Dee Hutzley (far right) current owner of Wangsgard's staff in this photo from 1959 when the store moved to its current site BACK IN TIME: H is shown with the checkout and bagging - Labor Department releases unemployment for October 6:30 am Federal Reserve releases consumer credit for September 1 pm MARKETS japan’s top toilet maker ees profits flushing away ever Toto which has a 60 percent share of Japan’s toilet Company having troubles with sales hopes fancy new models help t market - recently announced it expects to lose tens of millions of dollars this year due partly to The Associated Press plunging sales Not to worry officials say TOKYO - When Japan’s evNext spring Toto plans to sour economy started going erybody expected a goodly share unveil the “Intelligent Toilet” of real estate speculators and which can do everything its -- Stock market gamblers to go most sophisticated predecessors did plus perform urinalysis and 'down the toilet Asa measure of just how bad record the results The first models will measure Japan’s business outlook has Toamount of sugar in the the this: consider become truly to the nation’s biggest toilet blood for use by diabetics The maker could be going down the company plans to follow that up 2 with more sophisticated models toilet as well able to conduct a battery of down it’s But not going medical tests at the company “Our strategy is to develop that gave the world the elcctron- new models like the biosensor iT commode and the portable they intend to stay afloat and toilets for the elderly" said through the same strategy that Yojiro Watanabc a company got them to the top to begin' spokesman with Innovation He added that Toto engineers t in what would be its first loss also are working on designs that cs - R COPY use less energy and come apart easily for cleaning Some industry analysts however wonder if Toto hasn’t hit the technology stuff a bit too hard “If anything they’ve been criticized for said Ronald Slattery a housing sector analyst at Dresdner Kleinwort Benson Asia Ltd “They’ve got toilets that look like something out of Star Trek" Indeed Toto has helped take the toilets of Japan to a level unmatched elsewhere The company recently developed a portable bidet for the equivalent of $95 or 11000 yen that fits in a handbag or briefcase Around 10000 of them reportedly are sold here every month And hardly a new home can be considered complete without Toto’s combination bidet and g heated seat called multi-settin- See FLUSHING9F NORTHWEST Market causing slowdown in investment club interest By RUTH SIMON The Wall Street Journal Here is yet another sign the stock market's has rattled investors’ confidence: The growth of investment clubs has fallen off sharply “The reports from all our local units is that attendance is dropping off at their meetings” says Thomas E O’Hara chairman of National Association of Investors Corp in Madison Heights Mich a group of investment clubs and individual investors “Fewer clubs are starting up” NAIC’s ranks in September last month grew by just 29 clubs to a total of 37549 That compares with a net gain of 925 clubs in April Coming after years of doubledigit gains the slowdown has been dramatic Between 995 and 1997 the number of clubs that belong to NAIC more than doubled to 34618 The group helps 1 investment clubs get started and sells them investing tools and other services NAIC also has more than 61000 individual members The boom in the popularity of investment clubs can be traced to the prolonged bull market the growth of self-direct- retirement plans like 401 (k)s and fascination with the Beardstown Ladies But the Beardstown Ladies a group of older investors from Beardstown 111 fell from favor earlier this year after it was discovered that their club had earned a average annual return of just 9 percent - not the 234 percent touted on the g book cover of their 10-yc- ar Grain Fnday POCATELLO - White wheat 2 37 (flown 3) barley 3 55 (up 20) 14 percent spnng 3 53 (down 5) ordinary winter 2 79 (down 5) OGDEN - White wheat 2 75 (steady) barley 3 55 (steady) 14 percent spring 3 31 (down 6) 1 percent winter 2 96 (down 5) PORTLAND - While wheat 3 22 (down 1) barley 88 00 (steady) 14 percent spring 437 percent winter 3 64 (down 5) (down 3) CALDWELL - White wheat cwt 4 02 (steady) barley NA Metals Xxl I y2 - Prices Fnday Aluminum 58 7 cents per lb London Metal Exch Copper 72 15 cents per lb N Y Merc spot Lead 48 cents per lb Zinc cents lb delivered Tm $3 7250 Thu Metals Week composite lb per price Gold $292 70 troy 02 NY Merc spot Silver $b 027 troy oz N Y Merc 9pot Mercury $175 00 per 76 lb flask N Y Platinum - $336 40 troy oz N Y Merc spot ImmI INTEREST RATES Friday Inflation bond 5 15 note 460 note 3 4G 4 17 4 31 5 38 bill month bill 3 Federal Funds Municipal bonds - 5 15 Standard-Examine- r staff and wire services 1 best-sellin- See CLUBS9F BUSINESS cmsKmxdn |