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Show 2C llie Salt Lake Tribune, Sunday, March 9, 19G9 Business Portrait: Edward A. Lublin- - Trend Hints Inflation To Continue Continued From Page C- -l Central banks make and rredit tight to stop money the escalation in demand slow down investment by businessmen. Reverses Pattern Prior I'. Rich review Max plans for Chamber of Commerce Breakfast confab. to World War II, stocks generally returned more to investors in dividends than bonds in interest. Inflation has reversed that relaBonds today are tionship. as speculative. Stocks are safe. They guard against dollar erosion. regarded S.l. Area Chamber Session To Mull Future Objectives of the General membe-shi- p Fait Lake Area Chamber of Commerce will gather for a business meeting and breakfast Tuesday at 7:30 a.m. in Ifotel Utah. special industrial briefing are scheduled. The chamber has five working councils on economic community affairs, government and public affairs, urban affairs and Each council membership. has been assigned responsibil-ite- s on these objectives and the membership will be briefed on progress. Max E. Rich, executive vice resicent, will deliver a status report on legislation sponsored or endorsed by the chamber. "Special activities, project goals, progress reports and a LEASING it factory guarantee with full maintononco program. LINCOLN MERCURY COUGAR With definite objectives assigned to our working councils and the importance of legislation affecting the community, we feel every member of the chamber will be interred in this session, said Fred F. Auerbach, president. Total chamber membership e has reached 1,858 an high. Jack Chandler, manager of area development for Colora-c- o Interstate Gas Co., will JEEP low as $80.00 per month on a 1969 Cougar with full maintenance program. As LAKE Leasing Co. So. Main St. 359-866SLC 633 "We Lease Any Make Car" war began. r Bet Against It is It probable that longterm bonds will not be includ ed in portfolio in the future, except as they . . . offer capital gain 'TAILORED" BACKGROUND MUSIC ,J3 RESTAURANTS CLLBh' The Right Kind of Music for Your Particular Business or Your Home 328-16- This skepticism is understandable. The Nixon goal is a gradual reduction in inflation from 4.6 percent to 3 percent to 2 percent. Hardly mentioned is price stability zero inflation. So the idea gets around: 2 percent inflation is tolerable we can live with it. But can we? ; Even now, investors discount. They look on a 7 percent yield as only 3 or 4 or 5 percent in purchasing power. And theyll distrust 2 percent inflation. Will it rise to 3 or 4 percent? So theyll demand higher and higher interest rates advance payments for inflation. Fewer Bond Buyers 36 rAcyjmsv-p- therell be fewer and fewer bond buyers. Interest rates will go up consistently. Corporations will find it more and more difficult and expen- sive to finance. Financial markets will be deranged. So STRUVE DISTRIBUTING ( hxclusiv e Seeburg Dist ) Salt Lake City, Utah 276 West 1st South, answering 5 Realtors List ported Lester D. Haymore, president, Salt Lake Board of Realtors. Mr. Haymore said 56 houses sold for $1,161,440; two businesses for $31,500, and three multiple housing units for $205,600. Ace Avery, broker for Construction Realty Co., handled the largest sale of the multiple listing service. Largest transaction was a can't nuke a mistake. Unlike other answering message center answers calls servn.es, oui with exactly w hat you wish it to say, and records every message word for word. No enoncous messages, no wrong names. You exclusive with get all these extras PLUS 2 brand new features A unique message seleitot that sets sour phone to answer callers with am one ot 3 ihtforent messages. 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New TODAT SIT 3-- Zip NAME... ADDRESS CITY., io 12 Noon VILLAGE CAFE List: G.E. Chest Freezer 25-CFt. 2 Steam tables Hobart Dishwasher with sinks, counter, and garbage disposal unit Sugar and salt dispensers Wolf ranae and grill combination Asst'd. pots, pans, dishes, glasses, knives, forks, spoons Ice Cream Chest and dispenser Water Fountain with integral- Ft! Toaster Order wheel Folding tobies RUBY'S FASHI0NETTE DUCHESNE, UTAH j rccnt Wednesday March 12, 1969 FIXTURES MELVIN M. MILLER has joined our staff as Securities Investment Counselor Well known and experienced in local business management, Mr. Miller will specialize in counseling small investment groups and clubs on growth stock investments ond selected stocks. An advocate of sound investment techniques, Mr. Miller particularly invites social and club groups to discs with him interesting ways in which to add new stimulus to their organizational efforts. Counsel available in our office or, if you prefer, in the privacy of your home. Phone or come in for an appointment. MIIVIN M. MILL! BOUT COMPANY 271 Blouses 325 Bras 23 Coats 297 Dresses 15 Evening Dresses 71 Girdles 78 Pr. Gloves 355 Pr. Nylon Hoso 14 House Coats 363-442- 7 Noon-Sh- arp 9 Jackets Costume Jewelry 20 Night Gowns .19 Purses 195 Shorts 8S Skirts 142 Slacks 59 Slips 17 Suits 58 Sweaters 14 Swim Suits Carts, Racks Islands Glass Display Cast Victor Cash Regi ter SALE AUTHORIZED BY SMALL BUSINESS ADMINISTRATION . . Checks only with prior credit arrangement. Cash Deposit required from all bidders. All merchandise is sold on an AS IS, WHERE IS basis, without warranty express or implied. S.B.A. reserves the right to bid. Everything to be paid for and removed immediately after tale. NO TERMS: CASH EXCEPTIONS AUCTIONEER HARRY MARGULIES 2627 South 2nd West Salt Lake City, Utah Phone: 4860345 WALTER C. 711 K..rni (wilding ,,, Model 1900 Chrome Safe Ice maker 2 Koch refrigerators G.E. Upright Freezer Wells deep fryer Bus Cart Counter and bar stoois Malt Mixer Electric meat slicer Milk dispensor with refrigerated pie case Approx. 100 Captain chairs 8 booths Hood and blower unit Hot rock Misc. Items INVENTORY OnyJ tui Sharp 47 No. Main Knysville, Utah DRESSES 9 li'trt 1969 SALE AT is pleased to announce that 65 more than one by exchanging if necessary, shire ot tfe new stock for one of the old out Fill and return the 169. before June ccupon tcax No salesman w'l call aruj there is no ofci'gation in any way. (For Fo'icts 10, RESTAURANT EQUIPMENT WALTER C. GOREY COMPANY You !so receive a list of 6 companies that have publicly announced that they plan stock kpl'ts, subject to stockholder approval Oaty 1 Regular Subscription Rites to Dew Theory 30 day subscription on vs based u a regular is $6 raes, but for tots trial nl we subscription ask is $1 which w.ll be promptly refunded At Th $ AUCTION! 7 Tables "6 Stock To Split Before June 1" Aivca MARCH FORECLOSURE n ever the next four weeks; (1) Stock of what 25 Digest our consensus are Advisers Investment Portfolios; (2) Moel Stock (3) Our Business Outlook (4) Our Master List of Recommenced Sleeks, (5) Our Recommen wtb as well as Income; (6) cations for Our Buy AC.,ce on 700 Stocks and other Investment aids. stocks, with our auvice on each one, is your when You uso recaibe below. mail coupon the you Trial Subscription to Dow Theory a 30 Day of Investment our Report week.y Forecasts, . MONDAY, U. S. Government SMALL BUSINESS ADMINISTRATION Walk-icooler with blower ond Approx. 10 yds. red carpet Showcase compressor South Bend gas grill combination National Cash Register receive Service other 30 335 West 1st South Salt Lake City, Utah Phone 328-- 1 Cl 1 7 Partial Low Priced Stocks ti Address Phone issjes; Speuiat .e issues A listing of the $6 277-26- 49 HOLD ADVICE can now rtceivi oar on 30 low Priced Stocks previous y to reguiir subscribers They recommenced (1) 12 Growth ire m tnest categories (2) 4 Income issues; and (3) 14 You 1 CORPORATION mmm fore the wreckers Theory Forecasts Offers . . . 30 UTAH PIONEER Wear Strips ECONOMY SALVAGE There is value in your Call us bebuilding Mortgage Investment Company A'v c on Jl Lew Pntol S'ucks" tnl my P'es't sens m your 16 toui wsfls tr unurstind tins it to Dew Tn.onr fo'ec.sts subscription on rsgv'sr sibicrinmn Vi us r8rs but I ,nriM. $i .n ty i psyreo' .bicb will b I sn to I s not reum if try an si' tm'ivind complet.'y M'lfled s tuns 1." ! is (miy a tral as part ot oler voir st ot 5 Stocks Ta Split cannot ba iss jnea w trout your consent.) and ttieia is no .jrtlu, ob' Jitioi. (Subscription Name City On apartment house at 1060 E. 3900 South that sold for $155,000. Seller was Bountiful Construction Co. ; buyers were Mr. and Mrs. James R. Whitten and Mr. and Mrs. Alfred H. Namba, all of Salt Lake City. OPPORTUNITY takeovers. -- FREE estimate for any noise or space problem. Sales for Week Manuel DON MOVES EQUIPMENT SALES Phone 1973 So. 1045 Weit L Call Us for Outwear Stainless Steel UNIQUE 42 ' atom, van with tide door and full length rear doors. Fully wired throughout for lights. VMa! clothes lockers. Two shower stalls wtarge hot water tank Drawing board. Available for lease 6 months minimum. increments. $7 00 per day in 35-4y foot vans from $2 00 $3 50 per day on 30 day increments minimum. Qualified accounts only. BUY-SEL- Kaiser Mfg Hough INSPECTION 9:00 A.M. to time of Sole. TO BE OFFERED PIECE BY PIECE AND AS A WHOLE, WHICHEVER IS GREATER STORAGE ONLY!! Dow Masonite NYLATRON GS it New SEC Authority? 487-10- 61 More than 61 properties sold for $1,398,540 last week, re- face. And, the beiges, grays and navys will make a beautiful backdrop for a face. For late spring and early summer, look for colors like port, hunter green, deep navy, purple, and, of course, black those inky dark colors never give up. And Indian summer will arrive early with the American Indian prints taking a prominent place on the fashion scene. This, too, is a fashion that will biend well with a tanneu complexion. Beauty Fashion - A.C. Armstrong QmtRdforMfotih jnn tanned, WASHINGTON Movable iferofureoiUn formation CONTRACTOR SPECIALS!!! service. results In maior lines of with the preceding week Sound molybdenum disulphide offering tremendous wear characteristics with resistance to oils, solvents, organic acids, etc. Available In extruded strips or basic rod, sheet and block forms. For bearings, bushings, washers, gears, wear strips, etc. The spring fashion world will be bursting with color. The pastels make a beautiful spring bouquet to complement a healthy face: mint green, lilac, pink, apricot and peach tones, and aqua, especially for early spring. The red, white and blue look this year adds a fourth dimension of and it just gold or bronze could not be complete without the Ceilings Enclosures Partitions Folding 4 Portable Partitions Resilient floors & Carpet The observer majored in foreign trade at Woodbury College, Los Angeles. He also studied economics and international trade at University of Southern California. Later he also studied accounting at the International Accounting Society, Chicago. During these years he was also associated with Co., Los Angeles, which operated packing houses and with National Auto & Casualty Insurance Co., where he handled the general ledger and investment portfolio. In 1952 he moved back to Salt Lake City at about the time TCI was forming. A year later he was named manager of the agency, a position he has held continuously. composition might need some new statutory authority to deal with the current wave of corporate Quality Temporary Help Industrial Offic 1063 South Stata 364-353- Integrated Ceilings . . Noise, Light, Comfort Control Edward A. Lublin, manager, Transport Clearings Intermountain, learned value of education. A nylon F. Cohen, the former chairman of the Securities and Exchange Commission, said Saturday he thought the agency Goof-pro- of 11-2- With Tans it. That's Prof. Irving Fishers famous thesis. Smart men see through the money illusion. Cll & 1967-196- 8 NEW YORK AP) The following table lists operating business and finance in the latest week, with comparisons and a year ago. Hues Blend opportunities. Inference: Its better to bet against price stability than on 10 against international unions. Kennecott charged that dur-- i the in n g negotiations strike, the unions unlawfully sought company-wid- e bargaining by insisting upon common expiration dates for all agreements, insisting that economic benefits be applied on a companywide basis equally, and requiring agreements be reached in all units before resuming operations in any one unit. The matter was heard in Salt iake City from June Last Week in Business Business Tips Investors Discount EBURE labor practices Acoustical in Officer Candidate School and also attended artillery school at Fort Sill, Okla. I was forward observer. For awhile I was in the Hawaiian coastal defense. Tnen I served in the New Guinea and Philippine campaigns, eventually winding up in Tokyo, he said. Returning to civilian life, Mr. Lublin, now married to the former Mary L. Thompson of Beaver, found himself thirsting for more knowledge. I was always thinking of going to school, but when I was making money those nickels and dimes looked good to me. But after going to special schools in the Army I saw that I lacked some necessary training. The Army awakened me. He enrolled of e sident Corp., sums up a prevalent Wall Street attitude : in his report to sharehold Your corporation more and more has come to question the function of long-terbonds in its investment portfolio, and especially their usefulness for the investment of funds reserved for future common stock purchases. p Na-tion- al Attends Officers School Fred E. Brown, chairman and Special to The Tribune j ! D.C. WASHINGTON, as set been ; has 31 March deadline for ihe filing of -exceptions and briefs to a Labor Relations Board trial examiner's decision upKennecott Copper holding Corp. The examiners finding supported KCCs claim of unfair one-ma- n bonds is probably the highest of the century if not for all time. It has been widened from 1.4 percent in early 1965 to 3.8 percent today. Frel F. Auerbach, left, and g Mr. Lublin. It's a highly specialized business. We work with businesses large and small, and also negotiate with banks, he adds. Mr. Lublin was born in Salt Lake City Feb. 11, 1917. He attended local schools, including East High School, where he played football. After graduation I went right to work, he recalls. He was first employed by an ice cream factory, making rounds through the state. Through the fellows I ran around with I met the machines. In those days slot operators of machines were legal in many counties and mos. diners had pinball machines and juke boxes. Soon I was working for others on routes and also operating machines on my own. I was cutting a fat hog until the Army got me in 1941, he said. I was just scheduled to get out of the Army when the utility e never-endin- Process Billings, Collect Then its our job to process the billings and collect from customers who may be as large as the federal government or as small as a grocery store, says And so interest rates keep nudging up. In the U.S., the spread between the 3 percent yield on industrial stocks and the 6 8 percent yield on outhigh-grad- KCC Case task to separate a man from his a dollars," says Edward A. Lublm. And thats what Transport Clearings Intermountain does. Mr. Lublir. is secretary manager of the nonprofit billing agency subscribed to by about three dozen trucking firms. He estimates the billings processed by TCI this year will exceed $110 million. Last years total was $97 million. He oversees a staff of 50, an organization that operates like an assembly line, Mr. Lublin explains. Local trucking firms deposit their billings with TCI. In return, they receive cash, minus a small percentage required o operate the agency. wile and word against inflation. Paul W. McCracken, chairman of the Council of Economic Advisers, reiterates the Nixon intention to disin-flat- standing He Collects Trucks Cany Its Filing Date Posted in W sdi Z 2522Z ZZ |