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Show mri hm t rrrrrrrryrryrrrrrfrrnyrftmfrrrm f , i; ' ft Iff nnnmrrryrnrf ffTin j TrTTT7,rrr,7 . T " ' t t ' L ' CORNER ON COMMERCE By DOUG CHRISTENSEN Deseret News Business Writer i Customers are wait in line for parts that are -longer- available far" the state . . . some customers will have to wait until the strike, is settled if they want their transmission or engine repaired. , i i I". EXCEPTIONAL OPPORTUNITY PROPIRTY Nmt mw eaymenf. to MS 277-- 7 413 4 a Neman, general manager of West Valley Ford in Magna Said, "If we dont have the part needed to repair a car we go to other dealers and part houses if they dont have the part we are up a tree. We have robbed from the new cars to get the man fan the road in some eases." ... FENDER WAIT Fender benders will also have to wait until the labor union and Ford negotiators come to terms if they want a new fender on their car. The signs of the Ford strike (lave been appearing in various parts of the state and late-mod- ROB INVISTMINT Small Sawn IS yean per Twit wea't tail Call ACT NOWI (til mw, $1 000 1 - ar. Salt Lika City, October 4. 1967, a tha banking lawt Syatem PuMlihed Authoring and by Cath, balance In accordenco with a call made by tha State Banking tha Pederal Raaarva Bank of lhi Dlitrkt , ASSITS with ether bank, and caah Itama In procaaa TOTAL ASSETS 21, Sot SOOTS 52 It, 787 13.044 765 OS M 323,431.57 - liabilitibs 374 50 .... i and cor, Demand depoelts of IndlVtduem partnership 7 22,551,437 71 poretlon Tim and aavlngt depoalt of Individuals, partnarahlpi and eorporatloni Deposits ot United State Government Deposits of Steles end political subdivision Deposits of commercial banka . . Certified and officers' checks, etc. 173,655 lit It TOTAL DEPOSITS 41,61 14 50 (t) Tote! demand depoelta ... 45 035 73661 (b) Total tlm and saving! deposit Federal fund purchased and aacurltlaa sold under agrao- ment to repurchesa 4,770 000 00 Other liabilities 1,162,600 01 i - I u ii TOTAL LIABILITIES I . CAPITAL ACCOUNTS Common stock total par vaiut Number ahara authorliad Number eboraa outstanding Surplus Undivided profit 3,510,000 Ot 3 130 000 00 1121.583 31 7,751,513 31 TOTAL CAPITAL ACCOUNTS Wgdnwdoy, October 18, 1967 WASHINGTON A Bountiful dealer told the Deseret News that We have been telling customers that they will have to wait until the strike is over to get parts, especially if their car is still CHROME TRIM under a warranty, the dealer He said that sometimes said. there are parts that "you Just The creates a cant get. These include problem warranty because the parts OGDEN Howard Boyd,! for 300 million cubic feet per transmission, certain engine covefed by the warranty and chrome-triparts that arent available to replace chairman of the board of El day. Since the company could wouldnt normally be stocked. broken or worn out Paso Natural Gas Company not handle that amount, El Paso parts. continued Tuesday agreed to take 100 million feet testimony Body parts are also hard USE OLD TRUCKS itin divestiture hearings the to do being of Jo.geLand only thing The Utah Highway Departin conducted U.S. Court District is wait until the strike is over ment He also told of negotiations has been put in a bind here. or get an old part from a Judge Hatfield- Chilson, f0r Kingsgate gas from Alberta, by the strike and has had to Denver, is hearing the compli- - Canada in the amount of 150 wrecker," Mr. Neman said. put old trucks back into serv- cated proceedings. million cubic feet a day. With parts getting scarce it ice. Mr. Boyd said Pacific North-- J Paso is El U.S. under Supreme is going to take a longer time Jim West, chief maintewest had suffered a heavy tax to Court of divest orders itself nance engineer for the departand become more expensive d because of its inability to million in more than $337 assets, to have Ford automobiles rement said Wednesday that the the He said had Pacifa with jate earnings. in department had ordered 40 ic Northwest merger paired. Pipeline Co. in merger between El ,Paso and "The expense goes up the new trucks from Salt Lake 1959, $134 million in im- - Pacific Northwest been delayed plus agencies which submitted low we Mr. longer search, and acquisitions one day, $9 million would have bids. Because of the strike the provements Neman said. since that fame. gone down the drain of the $23 trucks cannot be delivered . million tax losses. A spokesman for Given Mr. Boyd discussed acquisi-- , and the "trade-in-s which , were already appraised were tions of Pacific Northwest stock In discussing divestiture pro-Mr. Boyd said the new cedure, Paso. He El also explained by retained by the department. which will purchase "Some 'of the old trucks proposals to extend gas lines company will be completely di A Home Twin Mt. from holdings and Falls, have been sent back to the to San Francisco Pacific vorced from El Paso, and that Mr, West said, Idaho, districts, Gas and Electric area and elaborte precautions have been "others are worn out and and Los taken to see there is no influcant be used. We are going to Southern Nevada The ence of the company by El Paso. respectively. Angeles, plans be hurting unless we get new did not develop. Testimony regarding gas re- trucks right away. and deliverability was : serves of He testified further negotia-HURT POLICE tions for Canadian gas. In order also given by A. M. Derrick, State and local police agen- to get service. Pacific North- - Houston, assistant vice presi-wecies are finding the strike a would have had to contract dent and engineer. detriment also. Sheriff Delmar L. Larson commented earlier this week that Salt Lake County needed . 28 new automobiles and the Mate! artca NEW YORK (UPI) shortage of vehicles is more Aluminum, primary, 77 par can Mu, critical because of the Ford pur 30 lb bigots 25 00c Ib CHICAGO (UPI) Wheat, com. eats domestic, 7714 par cent pur strike. Local Ford dealers are LaAntimony, b. Laredo. Texas, bulk 44 OOc lb. and soybeans opened fractionally lower, U 3 delivered to some Ford DYNAMICS FUND unable electrolytic Copper, ryp unchanged Wednesday on too Chicago supply 33 York 25c New lb. refinery Board of Trade. parts, leaving some patrol 37 7214 31 0714c Ib; lake unouoted cants; corn off Wheat was off 7314 par cant pur, f .b Fluorspar cars inoperable. oats unchanged to off 14; rv unKentucky llllnett effort ton 141 50 Seeking possible capital off H to 14. changed and soybeans Hie Utah State Highway Lead, common, NY. 14 00c tot SI Wheat, com and oats closed fractionalappreciation through Ib Louts 1180c Patrol hasnt been confronted ly lower, rye mixed and spy be ana irreguManoaneso 77 7 par cant pur. 1 Ip 30 larly lower on toe board ot trad Tuesaggressive investment with fails problem yet tons 30 05c Ib. day. policies Nickel, electrolytic catoadea, f.e b. Port Estimated carlo! arrivals In Chicago Lt John Seddon, in charge Calborn. Ont 74 OOc Ib wheat 1; corn B4, (CCC Wednesday: Prospectus Available 3 r - none, barley 1 soy oats 00 5 77 3107 fin none), soft, Platinum, of fleet maintenance with the bean 51; Total 143 ot. M Financial ...a (TH "We said Patrol The prices Highway Bask Oucksllvar, Pro grama company 53'4 1539 Wheat- - Dec off 16 to unwe Tin, N Y prompt delivery 152 12V4e Ib have been fortunate March 514 off H to 'A, 150 (roadway Dimtr,Colo.S0201 changed, cent mini 711 per Tungsten powder 6116 I61'4 olf have 120 Fords in our fleet mum May pur. 13.00 lb 14'. 14 off WAS; March, Com- - Dec western. N Y. 14.00c but havent needed parts. Zinc. Prim 2316 1 1'4-1916 off Vi to 1. May . More Testimony In Gas Hearings MUTUAL FUHD 351,000 3514)00 .... 14C HEW 77 J07, 771.1 S 1 gener-acqmre- 1173 631 70 7107,55 Ufahn Asks Funds' Data Grain Futures Lower At Open Metal Market TOTAL LIABILITIES 7107,55,37637 AND CAPITAL ACCOUNTS MEMORANDA Avar eg of total da posits for the I calendar days andlng S 71,133,127.47 with call daf Average of total loans for the 16 calendar days andlng with call data . 47,154,757 7 loan aa shown In "Aaiats" art after deduction of valuation 54,361 66 restores of I, Georo E. Dlentr, Cashier af tha abovamamad bank, do hereby declare that this report of condition la true to the best ot my knowledge nd belief. Georg E Dlenar , Wa, tha undersigned directors, attest the correctness of this report f condition and daclar that It has been examined by us and to tha bast gf our knowledge and btlltf It true and correct Correct A hast: Jamas B. Clifford A L. Higgins Emerson 3. Iturdevant, Director, a of Salt lek ttato f Utah, County Sworn to and subscribed before ms toll 13th day of October. 167. Mery L. Dean, Notary Public. (SEAL) My commission txplras Jung 31 1767. UTAH OP STATE Commissioner of Financial Instltvttona I, Spencar C. Taylor, Chief Examiner, do hereby certify that to d true and correct copy af to statement of to foregoing I bank, filed Ip tola off top an October 11 1767. Spencar C. Taylor, Chief Examiner. - INCORPORATED 6 ... Uy 3483-47-7 tion of proposed mutual fund that he terms legislation, dangerously The letter to chairman Man- uel F. Cohen was a follow-u- p of earlier correspondence from the Utah Republican questioning the propriety of stricter SEC regulation of the mutual funds Industry. "You have proposed legislain its polition so I feel we that cy implications need a more complete explanation of why corporate mocracy should be set aside-i- n favor of SEC judgment fa matters normally left to the' de. shareholders and their elected : management, Sen. Bennett wrote. Utah Savant Takes Post Dr. Richard T. Pratt, native Salt Laker and graduate of the University of Utah, has been named on economist the staff of the United States Savings and Loan League. The league is the trade or- of ganization the nations and savings loan associwith assets combined $130 billion. ations, exceeding I East It. Louts 1150c Declare 10-Ce- nt The board of directors of Hydro Flame Corp., manufacturers of small furnaces, 1874 Pioneer Rd., have declared a dividend on common stock, it was announced e V ) S. McAnally has IML Freight, Inc., as joined comptroller. He will be re- Charles for the General sponsible A c c o u n tinjf Department, Revenue Accounting, Central Collections, Payroll, Taxes and Insurance and Internal j : it . r $s, if s , ' vttlGF.i J K k irv- i t nMnsmirnd uni towwA .HiV W dividend was seven cents Auditing, according to Allan IML president Mr. McAnally joins IML after extensive experience for a large common motor carrier in Denver, Colo. He is a graduate of the University of Denver and is a Certified Public Accountant. OFF W-Oats: Doc. March 71 V4 unch Rv' Dec 4 W , 1 1786 OFFSET PRINTING CAMERA REA0Y 100 COPIES 1 1 11 20 Ik. bond is to os Additions! K-- D 1 WORK 425 J JSm copies 75c per 100 SPECIALTIES 79 W. 4th South 363-029- 4 WALLACE'McCONAUGHY 1300 WAIKII BANK BLDO. For SALE or LEASE 1453 Major Street 6400 sr. ft. with parking. Offics, Showroom Warehouse FOR I INFORMATION Phone 328-870- 6 7 'S1 ? X ? H" s i fc gr erimil- d YdtvTW DabdAK v to This is a picture of a real stock certificate... Were printing it here because millions of . ' people have never seen one. Millions of people many of whom really should have because they can afford to buy common stock in America's great companies. And we can't think of a better investment for anybodys extra dollars No, were not saying you should run right out and buy a share of A.T. & T. (Were using their stock certificate here just because it's the biggest company in America.) On the other hand, were certainly not saying you shouldn't buy A.T. & T. After all, something like three million people do own "Telephone-persona- lly receive $2.20 per share a year in dividends and feel pretty sure about those dividends because A.T.&T. hasnt missed a quarterly payment since 1882. In the final analysis, though, which stock yon S oc should buy always depends on your financial circumstances and your own personal investment objective, whether it be growth, income, or stability. Thats why we suggest that you check with us -- first If you want our help in finding an Investment that suits your situation, you're welcome to walk into any one of our 165 officea and talk about your problem with one of our trained Account Executives . . . candidly, completely, confidentially. Or, if you prefer, you can just write us a letter And remember, the more you tell us about yourself, your financial circumstances, and your investment goal, the more pertinent our suggestions are apt to be. Just address that letter to the manager of your nearest Merrill Lynch office. Successful investors know Goodbody Investor just starting out, or seasoned ones we're determined to help them succeed. Equally. Just as we are for our clients whose portfolios are modest. Or substantial. Why not put our determination to work for you? Talk to a Goodbody man. Today. . MERRILL LYNCH, PIERCE, FENNER & SMITH INC MEMBERS NEW YORK STOCK KfNNECOTT EXCHANGE BUILDING, 'pen Saturday AND OTHER SALT LAJCI CITY PRINCIPAL S4111-Teleph- STOCK Mi ANO COMMODITY 359-768- EXCHANGES 1 from 10.00 a.m. to 1 :00 p.m. for your convenience. 1 Field area call Ogden-Hi- Resident of H GOODBODY& CO. 773-311- 55 Bread (treat. , I f Now York 4 - IDAHO FALLS, 4S0 S STREET SALT LAKE CITY. 132 SOUTH MAIN STREET EttablUhed 1833 OGDEN, 2454 Mambaft New York Stock bchong Office Tkruuhot tko NaUae PROVO, 43 NORTH UNIVERSITY AVENUE Over WASHINGTON IOUIEVARD POCATELLO, I3t SOUTH ARIHURAVENUE 4 r i- - a- - a D. Musgrove, V I. - at. The dividend will be paid to stockholders of record Dec. 1, 1967 and will be paid Dec. 31 of this year. Last year the V T -- W-A Dividend wm 1 1 Ib. Salt Lake Eggs 9 agement in 1961 and his masters degree in finance in 1962. He was awarded his doctorate, with majors m finance and real estate and urban economics, at Indiana University in 1961. He ' also received the Founder's Day Award for scholastic achievment at In- IML Names New Comptroller 50-- to unch ; off May Jl unch. unch I March 1 23'6 Unch i May 1 3616 unch Cheese- - 3 Ib processed oaf Wool toe NEW YORK (UPI) off W to H, Soybeans Nov 2 ures opened from 1 point higher Jan 2 6616 off to; March 3 70 off to point lower Wednesday an to New York Outside markets were mixed Cotton Exchange Dec (177) 160.7 bid. Opening prloeeMarch (167) 141 6 tod; May 163.3 bid, July 1637 tod; Oct 1634 tod; Dec. 1641 tod, March (1767) 1641 tod Wool future urea opened from 7 Prices to Market slew and burdensome point! lower to 3 potnli higher. Dec delivered to stores in carton!, (1767) 1161 btdt March (1766) 1)67 tod, retaliate, 37 140 5 AA Grad casaa 4 117 SKdvenaed Oct bid larga 1167 bid; 3, July May tod; Doc. 1311 tod; March ,16) 121 1 grad A medium, KMl grad A amall, 121 to 25. bid.. IV- - Dr. Pratt was serving as associate professor of business and economic! at Unlverstiy of Utah, where he received his B.S. degree In business man- share. - 'r' At the time of his appointment to the U.S. League staff, diana U. 1 I !'kW"iu-T- T"S ortTWfn Sen. Wal- 76-l- Wool Market .HGto7 - lace F. Bennett, wrote to the chairman of the and Securities Exchange Commission Tuesday for what he called. "Further clarifica- 9, - Salt Laka County, Utah 74110, at tha clot of bmlnea atata banking Inttlfutlon organbrd and operating under member of the Pederal Reterve of thlt Stale and .. nmnnnwmftn... S af collection United Stitet Government obllgatlene end ot Stele political aubdlvlilon ObUoatlont Securities of Fadaral agenda and corporation Other aecuritlea ( Including l 00 corporate atockt) Federal fund told end aecuritlea purchaaed under agree manta to roaoll Other loan and discount Bank premltee. furniture and flxturee, and other aieti representing bank premise Other assets Ford in Provo agreed- with ' . Mr. Neman. ... is The situation getting critical, we have dealers calling every day for parts that we are getting low on, the spokesman commented. -- - REPORT OP CONDITION OP Tho Continental Bank and Trust Co. Of becoming Earl -- The Ford Motor Cp. strike, now in its second month, is beginning to tie up Utah's Ford dealers and automobile repair shops as well as hinder law enforcement agencies and the State Highway are some dealers concerned. - beginning to . 6 A . |