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Show Mexico, A Mew Airline lira It's Even S J The nations financial situation is even worse than indiWilliam by cated Friday chairMartin Jr., McChesney $ nations largestregional car--rie- - Montana, Washington, Oregon, California, Nevada, Arizona. They reach from "Calgary, Canada to the Mexi-- j can cities of La Paz, Mazatlan and Puerto Vallaita. ' Certainly the new routes to Mexico will be the most romantic on the system. And I vj-an- v I' i- - .during flight, there was no doubt that ! the cities themselves are de-,- jj lighted at the prospect of hav- - j' an American airline them with direct ser--5 tvice from Phoenix and Tucson. At la Paz, the first stop, I located near the tip of Baja 0 California, the airline officials 1 were met by the territorial governor, young girls throw- ing serpentine, a mariachi v band, a singing group and a X Violin quartet.. Another band them at Mazatlan, a )r:.' city of around 100,000 popula- tion on the coast of Mexico. And at Puerto Vallarta, small- est of the three cities and the most isolated, they were met again by bands, dignitaries v.Jmd clapping onlookers, v Air West plans to begin its service to Mexico April 30 with three flights a week, going down Tuesday, Thursday and Saturday and returning Wednesday, Friday and ,lng ' : Sunday, - Security : V V? . ; Id, -- v V A aV J- n - AS f4 ' . - ' W ' '''''; ; ", V-: ' "&:. ' r& 'I'-?''- - money. 4 As an Indication of how they expect travel to increase, Dick Neal, director of sales, said the airline expected to provide daily service this fall Air Wests authorization, which had to be approved by both governments and the President of the United States, will allow it to fly only from Phoenlx-TucsoHowever, planes can originate In other cities on the system and go through a simple change of the flight number. Most flights will originate new in Reno, but there is a possibility that flights could originate in Salt Lake City as soon as traffic warrants it Tentative fares for a round trip excursion (21 days, minimum of seven days stay) call for $153 from Salt Lake City where Puerto Vallarta, Night of the Iguana was filmed, is a contrast. Its people .ppear to live a more washing their primitive life clothes in toe village stream but toe influx of tourists has raised prices to a level comparable to Mazatlan. At the time that Edmund Converse, president of Bonanza, was leading the flight through its checklist of things to do before service actually begins, Air West itself was comir into being. At Fridays board meeting, Nick Bez, chairman and chief executive of the three merged airlines, said the directors: Elected all corporate officers for toe new company and mancreated a board-base- d agement structure which includes 12 separate divisions, to La Paz, $184 to Mazatlan and $201 to Puerto Vallerta. Hotel accommodations at the resorts come in all prices, but a common price at Mazatlan for a room comparable to most U.S. motels (except for the beach next door) run $8 for a single and $10 for a double. Luxury accommodations can rpn up to $32 a day. The three cities vary great-y-. La Paz is located in desert country very similar to that around Phoenix, and boasts big game fishing and hunting. Its a clean city, whose residents were proud enough of their accomplishments to include a tour of their new school on the itinerary. Mazatlan is toe most cosmopolitan and toe largest of toe three. It also boasts of deep sea fishing, along with an endless stretch of beach. j MONTGOMERY WARD CO. (28) M is a major of general merchan-Xiis- e through retail and cat- -- 'VUAL STOCKS FOR rOTEN- CAPITAL GAINS DE SOTO, INC. (29) DSO is a a leading paint manufacturer J and also produces detergents, J specialty building products, 1 lighting, heating and fireplace '.accessories and wall cov- erings. Over 52 percent of the company is owned by Sears Roebuck and is DeSotos largest customer. Earnings have improved steadily since 1959. for the twelve Earnings months ended December, 1967 were $1.67 per share up from ;a, $1.58 per share for the previ- feus twelve months. ESE earnings of $1.85 per for 1968. An annual . ' share $0.80 per share dividend is I esti-jmat- es ACME MARKETS INC. ASC is a large operator with 887 ijnarkets centered along the East .Coast and California. In (40) -- super-tspiark- et f'. addition to its supermarkets, 'a a number of drug and service type,, stores have been added. Saturday, April 20, 1968 10A Earnings are depressed due to intense competition but internal economies, expanded store size and continued addition of drug outlets should produce a strong rebound in earnings. Earnings for the twelve months ended December, 1967 were $2.69 per share versus $3.87 per share for the previous- twelve months. ESE - estimates earnings of $3.25 per share for the coming year. INC. CULLIGAN (47) CUL is a major producer of water conditioning equipment and supplies primarily for the household market. Firm replacement volume and the growing need for water treatment equipment should continue to provide good earnings growth. Earnings for the twelve months ended Janu- ary, 1968 were $1.68 up from $1.27 per the previous year. mates earnings of next year. A $0.48 dividend is paid. GENESCO INC. per share share for ESE esti$1.90 for per share (38) months ended January, 1968 were $2.90 per share versus $2.96 per share for the previous twelve months. ESE estimates earnings of $3.25 per share for the next twelve months. An annual $1.60 par share dividend is paid. Ttw Elfctranlc Stock Evoluotor Corp. Rockvlll Contro Now York, hn ttw flvo securities listed above tor outstondinp fundamental valuo and market Interest. ESE uses comoutens to perform tasks commonly dono by Individual research Howovtr, the computer has analysts. the advantage of speed, enabling ESE to 2,300 securities analyte approximately each week. In forecasting the pries action ot a sacurlty, ESE obtains estimates of earnings, dividends and sales from several di Iterant sources, and programs a consensus ot these Into the computer. The computer than assigns a rating to the sacurlty which servos as a guide tor the recommendations mode by ESE Sinco the rating assigned to a security Is laraty dependant on the astlmstaa obtained by ESE. tht accuracy ot a Is dependent upon the recommendation accuracy at the estimates obtained. In this r aspect, the Individual research analyst and the computer are aublect to the same limitation. General economic national conditions, crisis, or news o vents which ate unpredictable also may have Influence on the securities that are racommandod Your broker will be pleased to furnish you with additional Information regarding the ebovg securities. C 1VM The Electronic Stock Evaluator Corp. errange aa evonbtj appelatmoi or write please cell r Drive the "NEW" 1968 VOLKSWAGEN Si Today . . . With AUTOMATIC Stick Shift!!! t kt YOU HAY ALREADY INTERMOUNTAIN - South Main PHONE HU 6-- 21 C t r V 11 OF All ALL COmOXS SYSTEM Add LENNOX RFC Air Conditioning to your presont warm air system. Installation is quick, simplo. Tho cost is surprisingly modost. Wo us your present furnace blower. Your boating ducts and registers should servo for cooling, too. Only two other units are needed: the condensing unit (placed outside), and the cooling coil placed inside your present furnace duct work. LEtnmx VOLKSWAGEN . which will soon open; Theres a long hot summer ahead! Dont swelter this year. SEAS0:i AIR Salt Lake TribenaDtseral ftws - office, and Donald G. Allen, alsok, named an assistant vice president Mr. Allen is appraiser and property manager. Kelly Gardner, home improvement officer, was named an assistant secretary. Stockholders also authorized the directors to name two additional directors at their OmuiaMmij expansion policies, a strong order backlog and higher prices for several important products should widen margins and improve earnings. Earnings for the twelve re- To w ' American Savings and Loan its net earnings to 22 cents pec share in toe first quarter cl this year, compared with barely 12 cents per share in the similar period last year. G. Blair Bradshaw, president, told the annual meeting of the association that Mr. Wright earnings were $226,039 for the first quarter. At a directors meeting following the annual meeting, E. L. Wright, a member of the board since the company was formed, was named chairman of toe board, replacing F. J. Bradshaw, who is retiring. Mr. Bradshaw was named chairman emeritus. Other promotions announced included Dee Thatcher, named as assistant vice president and manager of the Provo Branch Oml XA quires intelligent planned effort 0 hours per week, and honest desire to add tu your IncomUtin-imucommission $600 00, per sale. You will be guWed and trained by successful people who 4 will not waste your time. two-pric- Smm ftr SALES our Representatives. This work gold-plate- d GCO is a diversified manufacturer of apparel which includes footwear (36 percent) clothing and accessories 50 percent) with material and components toe balance. contributing Man agements , aggressive PART TIME Vtarii Branch of International SaM Orgintotion will triin a limited numSwef mature (forty plus) men end women to act as DC-9-30-s, Millard Plant Association boosted J INC. ' 727-200- 'ra.r 145L, vi t HEATCRAFT of UTAH 479 Ecst 2ht Sculh 486-87- 31 'Pf sV tiV - - IA ,k 4 j He warned that The wily thing we can hope to do is keep confidence in the dollar by our who will not in some way' fee! primarily our DELTA, Millard County foreign holders The first major step in estab- the impact of the plants operaforeign Central Banks. He said, This crisis today lishing Utah as the nations cen- tion. The governor, with Robert W. has been brought about because ter for beryllium ore production we have not adopted in Con- was taken near here Friday Biggs, Cleveland, Ohio, Bruch gress a fiscal policy which with the groundbreaking of an president; Alton S. Gadd, Juab $8 to $10 million processing plant County Commission chairman; would cut back on our deficit Walter Ekins, Millard County we have not adopted a tax bill by Brush Beryllium Co. The plant, to be located near Commission chairman, and H. we have not adopted a cutexback in expenditures. We have U.S. 50-- between Lynndyl and L. McNeill, Stearns-Roger- s adpted a $3 to $4 billion in- Delta, will be completed in about ecutive vice president, manned shovels to crease in military expenses, a year, according to officials of special and we are going to end with Stearns-Roger- s Corp., the gen- turn over toe first dirt for .tha new facility. eral contractor. $20 to $28 billion deficit Our foreign bankers came The operation, which will Mr. Biggs said, This ceremomet process ore from Brush mining ny not only marks toe beginning over here last month over a weekend adopted a properties 40 miles north and of construction for a new mill, it e is a tribute to the partnership system of gold in west of Delta, in the Topaz-Spo- r order to try to protect the dollar Mountain area, will be the first that exists between the Brush to keep us from devaluating large-scal- e production of beryl- Beryllium Co. and toe people of to keep us from lium ore concentrate from with- Utah. the dollar increasing the price of gold, and in the U.S. Concentrate will be seven Central shipped to Brush plants in Ohio. they agreed Banks of toe major countries Gov. Cavin L. Rampton, who to hold dollars and keynoted the ceremony attended agreed not ewivert them into gold if we by some 300 persons, said, would adopt sane and sound 'Jobs are being created, the tax domestic policies in the fiscal base will be broadened and and monetary field. theres not a citizen in toe state S&L mafifhGPf3n V' however, benefits from several should improve fu- a programs ture results. Relocation and modernization of facilities, Xjreduction of costs especially U in the catalog division and J stronger consumer demand support this view. Earnings sVor the twelve months ended ! t January, 1968 were $1.31 per J v share up from $1.24 per share for the previous year. ESE es-- I timates earnings of $1.75 per i 'Share for toe coming year. An J .annual dividend of $1.00 per t share is paid. v DC-9-3- 1 Hites Launch Net Is Up been selected as the stock J of the week by toe Electronic Corp. Fol--J. i Stock Evaluator lowing are the selected securi-ties and Fridays closing . - flat for toe past several years, each headed by an officer, and 21 major subdivisions. Confirmed orders for 13 new jet aircraft, including 11 and Stretch Douglas s, two Stretch Boeing plus options for two additional 727100s. The new orders, added to five previously announced represent a planned total investment in new aircraft of $70 million. The present Air West fleet, including all aicraft of the three merged carriers, is valued at $45 million. Approved plans for the earliest possible implementation of an improved new pattern of service throughout the Air West system, including through-plan- e service not previously allowed among the three separate systems. Target date for the new service is early June. Gov. Calvin Rampton, H. L. McNeil and,R. W. Biggs edmire special groundbreaking shovels. American Ward Tops The List ' Z side Mazatlan. At right, an expert pottery maker shows his skill for officials during visit to La Paz. Edmund Converse, president of Bonanza, contemplates airline's expansion while boating out- - :. alog sales. Earnings have been the Federal Reserve warned. Mr. Martin said in Washington that The nation is in the midst of the worst financial crisis since 1931. In an interview, Mr. Eccles said Mr. Martin had not put all the facts on the table. Our problem is this: We have a government today which is operating on a $20 to $28 billion annual deficit. We have a balance of payment deficit of $3.5 to $4 billion. We have $28 to j$29 billion owed abroad, and we have less than $12 billion in gold with which to redeem that STOCK OF THE WEEK - of System, George S. Eccles, First Corp. president, ., the I l-A- '' A. r. Air West, the newest air-v line, was formed from Bonan-- z Pacific and West Coast Wednesday. Friday it held its first board meeting. ?v tAir Wests 9,000 miles of "routes extend throughout the v1 entire West, serving Utah, 5 man , - . f Worse, Utahn Says By DON C. WOODWARD Deseret News Business Editor Bonanza airlines took a flight into Mcxi-co to Pen a new gateway for Utahns this week and re-J- airline. turned as a brand-neRight in the middle of Bo-- ! nanza s' check-out flight, the company offi-- J dally merged with two other airlines to former West, the -- 4 t b&ihi h |