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Show iiSSnocn - Dim Csrowm to delude. same thing Tlie .KEW YORK (AP) record growth of the American economy in the is quarter of Tlie Iiguie is nearly impossible to fathom. To what n can uni relate a sum 18 -- Fi 1968 Tlie figures cannot be at face value, however. $8 billion of the growth just infladon. Since the of die dollar shrank in thiee months, it simply took more dollars to measure taken About was value those output. To assume that inflated figures represent true growth is Shale Data In 3 Weeks DeserM Newt Washington Bureau to remain in the cabinet until discussed in the report. Mr. Udall said he had no January 1969. He said he would Secretary Stewart L. Udall said question that the extrartion of stay on and finish the job. 'oil from the Rocky Mountain) He indicated he would not Wednesday that a report on oil shale prospects in shale would be economically campaign in Democratic Party Utah, Colorado and Wyoming justified. primaries for any of the poten- yll be completed within three' He said, We just don't know tial presidential candidates. 'vekshow long it might be until the1 He said. I have perhaps my The secretary indicated that processes might be developed to most important legislative pfoposed lease regulations on the economic point. program this year and t want to federal oil shale lands would be1 Secy. Udall said he expected see that completed. - WASHINGTON off his ruler, or a meat with his thunb on the scale. Nevertheless, the $12 billion real growth still was enormous by any measure. It was bigger than the entire economy of Norway or Austria or Venezuela. It is clear, however, that economists greeted these figures with chagrin. This is a giant with disorders, with ailments that result from trying to produce beyond its capacity and with failing to watch the signals that tell any growing body to take some medicine or relax or change its way of life. The same report from the Commerce Department shows that defense spending once again rose sharply, arousing the suspicion that whatever is said about slowing the rate of military spending, what is done is something different. The report disclosed also tiiat the surplus in foreign trade was off, a condition that cannot be permitted to continue for long without confidence in the dollar deteriorating even more. clipped butcher weighing ? largo If the figuie weie to lie taken at face value it would mean that tlie expansion ol thq American economy in just the expansion three months would be more than alone the gross national product of Brazil lor an entne year. It would be the equivalent of creating an economy the size of Belgium's. would be the as a carpenter measuring feet with an inch n ffl-s- It Interior d - i CORNER ON COMMERCE Realtors Bonneviile Corp. NameTop Salesman Buys 2 Stations International neville has purchased stations Corp. Bon Dan Simons of Capson lnsesi-men- t Co. was named Salesman of the Calif., and Angeles, subject to Federal Communications Commission approval, it was announced jointly today by Arch L. Madsen, president of Bonneville and John H. Poole, president of both stations. Year for KBIG-AM- 1967 by the Salt Lake Board of Realtors Wednesday evening. Gov. Calvin L. Rampton pre- Mr. sented Simons with a watch, plaque and pin in honor of his achievement. Mr. Simons has been in the realty business for about nine) years and has been active in Committee and Multiple Listing Committee. He is also past vice chairman of the Boards Sales-- 1 men s Division. For three years he served on the Construction Committee of Salt Lake Area Chamber of Commerce. - 1 Los facility on Mt. Wilson the Los greater 150-K- serves Angeles area. Bonneville International has ownership interests in stations located in Seattle, Salt Lake City, Boise, Idaho Falls, Kansas City, New Yoik, and Mass. Scit-uat- S.L. Hosts Chamber Officers Chamber of Commerce executives form Seattle, San Francisco and Phoenix are being hosted in Salt Lake City today and Friday. The Salt Lake Area Chamber of Commerce is hosting the Rather than abandon spend- ing. on technology in order to e COpg with social needs, an aero-th- space expert urged Wednesday that the U.S. boost its technolo- gy to solve those sam social problems. I We had all better recognize that our survival botl as a nation and as a functiorfng society misrest upon the sion of promoting technical 'advance and seeing that it is kept relevant to our human and 'social needs, he raid. Karl G. Harr, president of the Aerospace Industries Association, made thee comments in a speech befcye the Bonneville Knife and Fbrk Club. He notetf that the aerospace industry nad become the acknowledged leader of American technology because it has been to perform a succesrequire sion of technological miracles and t advance at an aston- presidents and executive vice presidents from San Francisco, Phoenix and Seattle at a conference here. Following meetings the executives will tour Salt Lake City and Park City. Pacific Mutual Investments To Jump investments in Mortgage the Salt Lake City area by Pacific Mutual Life increased to $20,86b, 000 at the end of the first quarter this year from the $19,296,000 at the same time a year ago. Tom W. James, PML's mortgage loan district manager here, said that first quarter lending in 1968 wrns down from the same time in 1967. In the first three months of this ear PML invested $352,000, while the figure for a year ago was $459,000. Purchasing Agents Elect Dunlap d t Avalon, . Purchase price is about $2 million cash plus long-terleases o broadcasting equip real estate board activities hav-- j ing served on the Boards Taxation and Legislation Committee, Bylaws and Standard Forms H , KBIG-FM- ment from John Poole Rud.o Properties, Inc. KBIG-AM- . a da;, time xta tion, is a 10,000 watts station broadcasting from Catalina a Island and station KBIG-F- Joseph Dunlap, purchasing agent for Salt Lake Cabinet & Fixtures, was elected this week as president of the P u r c h asing Agents Association of Utah. Mr. Dunlap succeeds Petersen, Brigham Young University, who was direcnamed tor of national affairs. Other officers elected were Tom Rees, Kennecott Copper Corp., vice president; O. Blaisdell, Utah Power & Light Co., secretary and Roy Glissmeyer, Van Waters & Rogers, treasurer. The agents also presented a award to Ed Barney, a senior at Jordan The High School, Sandy. award is for Junior Achievement W'ork by Mr. Barney $200 educational Cor-nelli- Mr. Dunlap ishing rate. Thk ability to solve new and makes the exotc problems aenspace industry qualified to taode the worlds social ills as will as explore outer space, Mr. J6rr declared. The method by which this is lone is called a systems and consists of unapproach derstanding a problem in every infinite and remote detail before experts even start looking for a solution, he explained. The aerospace industry might be able to solve the nations! do transportation problems, something about the world food supply, eliminate water shorta-- ! ges and provide all kinds of new jobs, Mr. Harr said. Preliminary work is already being done by aerospace companies in water and air pollution, urban congestion and hoscijssej stocxer, feeder' catti pital efficiency and crime con- - ih?lber'. illy steady; fed sleers, heifers strong to ftrol, he noted. 25 higher; veal calves 501 00 higher; bulls stesdv. Bulk canner and cutter In fact, the word aerospace cows 16.4018 50; utility cews 18 7520 00; commercial standard cows absent; and ihas become too narrow a defini- .good to choice veal 50; calves 30 70; choice fed tion to describe what the far- - Slaughter bulis ... steers 70? qood to low choice i ; standard to good flung talents of the industry are choice fed heifers 24 60; good to low 'Hftine Mr. Harr said. 50. choice chctce 23 lb feeder doing, lb steers 29 600725 25, Anri it has. hppn uk good creative, 2570 26 75 good 7jo sso ib feeder steers ib civ good free enterprise system which uk-uh- , 33 ,32 25, good 35C 425 Ib 31 60 32 25, has made it possible for the 75; good ib steers 30 lb hc"rs WM, 75 aerospace firms to de so much land for the U.S. to run so far, 0MAHA (APUSDA) 5SOO; Hogs ahead of the rest of the world. 'barrows and grits strong to higher? 75; sows stroftQ to Ib 19 50. ib 'he emphasized. higher? 13 who was sponsored in the test by Hercules Inc. con- Kennecott Aide Takes Post A. (V t manager of Kennecotts Western Mining Division, was chosen by the institute's nominating committee. He presently is vice president of operations for Kennecotts new Metal Mining Division in New York City. Albertson's Declares Dividend a i Vm HVi dent, said the dividend will be paid to shareholders of record April 12, 1968 and payment will be made oq May 1. Livestock Markets 3 21.20-2- 25.85-2- 6 210-242- 0 steers and heifers to 25 lower and steady; bul's cows were steady to 25 and firm; slaughter steers high prime0 1,170 25Ib 27 40; qecd and choice Ib 50,26 25, hefers good and Ib 24 choice 25; cows utility and commercial 18 6 50; bulls utility, commercial and good at 21.50-2- 3 00. 700; steady; spring slaughter Sheep Ib 20 7529 50; woo led lambs choice ib lambs choice slaughter 25 5026.50; old shorn slaughter crop lambs choice 5.097.50. tr CO Mutual Funds 5 0 9 16.50-1- 7 Cattre Place Your Ad Now Timed For Spring Cleaning - TO SEVEN LINES, 4 TO MKTS MIT namebrand suits at genuinely lower CHECK E.IGT: la seifs 60 8 TIMES r race mi tree clothes tuKuilij Aeven. dewetewa , 1. All ter, FOLLOW THESE 7 MILES: Vi-pri- 1 ce ads o:cepted only at Classified Coun- slaughter Metal prices YORK (UPI) per cent plus, Aluminum, primary, pure 30 lb. inqots 25 CO C Ib Antimony, domestic, 99' per cent pure, fob Laredo, Texas, bulk 44 00 C Ib U S. delivered electrolyl c Copper, 42 0042 25 C Ib , Nw York refinery unquoted, lake 42 00 C lb. Lead, common, N Y. 14 00 C Ib ; St. 80 C Ib Manganese, 99 9 per cent pure, 1 to 20 tons, 29 85 C ib. Nickel, electrolytic cathodes, feb Port Co'borne, Ont. 94 00 C Ib 00 Platinum, soft, 99.5 fine $109 flask Quicksilver, $540 550 145 75 C tb Tin, N Y. prompt Tungsten powder, 98 8 per cent minimum pure, $3 00 lb Zmc, prime western, NY. 14 00 C lit East St. Louis 13 50 C Ib NEW YORK (AP) Spot nonferrous metals prices today cents Copper pound, Connecticut Valley. Lead 14 cents e pourd, New York Zinc 13Va cents a pound, East. St nootkmaUv Lens. cmuvtlj)ufitutakr Tin, 1 100; NEW 13 ittek Silos 36 te 54 Free AlteretieM 8 Tailors te serve yee Ogee every eite extill 9 p. cept Set. Drive eet aval calves Metal Market NUMUAtmS Famous prices through volume tellingl P02D(3G BATTGS Vi PRICE RATES , 7.000 1 46 a pound. New York. God, 38 23 par troy ounce, New York Silver 2 180 per troy ounce. New York 550 00 nominal per Task, Qucksilver, Ntw York higher, choice ' Nw WtdMtdy'( Ouetilioni Yoru (UPI) National Association of Sacurittos Dealers, Inc. M Aske. BM Aske. Aberdn 310 3 39 Mut 11 33 12 32 62 1 46, Adv Fd 21.98 23 90 Stock Affil Fd I SI 9 32 Select 9 42 10.13 All Am 23 1 34 Var Pay 89 9 66 3 41 3 77 Ivest Am Bus 17 43 19 OS Am Div II 58 2 66 KEYSTONE: Am Orth 21 19 22 12 ,nv l Med B 2 21 98 23 98 9 87 10 79 9 16 10 00 ,nc K., J G,h 4,6 HOUGHTON: H3r ) 22 79 24 66 AxeH A 8 36 9 09 App 10 13 1106 AxeH B 10 66 11 59 LPr S34 7 56 8 25 AxeH SI 7 7 8 49 Inti 15 48 6 75 Axe Sci 21 73 23 62 Ltx.no 10 10 1104 8 05 8 05 Lex Babson Res 15 52 17 07 13 4 14 73 Lfe Inv iBiue 6u1 6 56 7 15 7 01 Bnk 6tk 4 29 4 69 Life Stk 8 87 9 69 Menhtn Bost Fd 11.1012)3 Broad St 14 77 15 97 Mass Gr 12 43 13 56 15 4316 91 NAT SEC SER: Bullock Inc" Cap CKAP Lila 617 6 9 Cent Shr 9 09 9 93 p c.i, CHANNING FUNDS: Baian 73 2i 14 44 Grwth 2 03 2 22 Com St One Wm 18 18 19 87 Grwth Opph Incom 817 893 Puritan 3 35 3 66 PUTNAM Sped Chem Fd 18 54 20 27 FUNDS: 3 25 3 55 r.eo CiOdcl 155 16 13 69 14 96 Col Fd 12 72 3 90 Equity COMMONWLTH 13 16 W Or h 9 09 9 93 FUNDS: Inc 7 94 8 Cwth In 10 65 11 65 Inv Diver Cr 15 19 16 65 Slat St 50 90 51 12 Div d h 386 4 23 STEIN ROE FDS 6 27 8 94 Dow Th Stein R 21 49 21 49 14 69 1 03 Drevfus Stem In 15 50 )5 50 Eatn nal 11 34 12 32 Stein St 14 64 14 64 Eatn Stk 16 25 17 65 Twn C G 5 74 6 27 Fid Cap 14 20 15 431 UNITED FUNDS 8 31 9 08 Fid Fund 18 83 20 36) Accu 14 68 16 04 Fid Trnd 29 96 32 57, Inrom FINANCIAL Scien 98 10DS47 VALUE LINE PROGRAMS 6 89 7 54 Val Lne 8 83 9 69 Dvn 5 55 6 07 6 36 6 97 Val lne Ind 9 32 8 7 19 7 89 Inc Val Spl 4 9 GROUP SEC Vanqrd 13 05 14 18 10 64 11 63 Well Fd Aerosp Com St 13 85 15 14 West Ind 8 76 9 57 19 07 20 73 9 38 10 26 Wndsor Ful Ad X Ham hda 5 56 6 07 ex dividend, Inc Bost 7 63 8 34 Z stock split INVEST GROUP 1a Ki" 13 So. Main. 2. Ads must be paid in advance in cash. ads taken by phono. 3. No 4. Ads must run 4 days or more up to 8 days starting April 21. 5. Ads must not exceed 7 lines. 6. No refunds. 7. Ads must be placed before Wednesday, April 24, at 1 p.m. SALES PART TIME Va-pr- ice Wednesday, April 24, at 1 PM Utah Branch of International Sales Organization will train i limited number of mature (forty plus) men and women to act as our Representatives. This work requires intelligent planned effort, hours per week and a honest desire to add to your Income. Minimum commission $60000 per sale You will be guided and trained by successful people who will not waste your time Is Deadline for Placing Ads To arrange an avonlng appointmai plane call W-- C L I or wrlto Bci Salt Laka TrlbunaOisarat News |
