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Show grflTT jil((MHH(l By LEO PERRY Deseret News Staff Writer PROVO Sof a new area in h. J Formal opening ski and recreation the north fork of .fy. igir gj miftlMHT TjTfriuirriniirtwn i fliin J r-- i TT w- - Provo Canyon was held Friday night with owners of .Sundance Recreation, Inc., pledging to make a major dewithout changing velopment any ol the natural beauty of ih.r k I- urtd V Imr. lfr: iTssEfisssfir $ t 3D More than tax praeti- tim.crs from over section of 1? t- - the area." Robert Redford, Hollywood movie actor and president of Sundance, was on hand at the former Timp Haven ski resort for the ribbon cutting and festivities. About 100 civic, business and recreation officials attended the announcement dinner held in the newly remodeled Sundance restaurant. Iferij lion r o m hi) Wyoming, Nevada and Moaiana Id t v - a Skiers board of the Two 'round enjoyment, development told the gathering. Stanley E. Collins, another said Sundance was chosen as the name of the area because of the historical significance. It is our dieam to see developed not only a fine winter recreation area but a total recreation package for year bardier Mr. Collins said. Mayors Veil G. Dixon of Ivovo and Winston Crawford of Orem pledged support of their communities in the development. Officers announced immediately the beginning of a new service including snowmobile rental and tours using Bom equipment. Ski-Do- o C. Rene Bourassa, director of public relations cf the Co., presented two new snowto mobiles the Sundance Ski-Do- result. This area will grow and develop into one of the state's finpst tourist attractions, Milton Weilenmann, representing Gov. Calvin L. Hampton, said. and He pledged cooperation from the state in promoting attractions in the area. Mr. Redlord and his associates bought the mountain resort Aug. 1, from the Paul Stewart family. S u m m e r activities are expected to include camping, and horseback riding, fishing, hiking and other events. Records members Evans skiff Lake Salt Ross A. Richins will he a television and radio Darryl W. Harris has been named assistant account executive. been has Mr. Kichiir as a employed at KSL-Tcontinuity copywriter and director since i;)B5. lie is a graduate of Brigham Young University with a B.S. degree in communications.. A BYU graduate in 1966 writer-produce- Mr. Kirilins with a B.A. in communications. Mr. Harris has been a reporter tor the Idaho Falls and technical ed tor for Idaho Nuclear Cotp. r - NEW YORK Saturday December 7 A9 1968 regular quarterly cash divi(lend of 1U cents per share on The board directors of EDO Corp.. designers and builders of naviand oceanographic gational equipment, have declared a its common stack, payable Doc. 31 to stockholders of fcc-ol- d Dee. 17. 19128. Deseret News Special Sea rs.Roebuck S.L. Manager For Chevrolet Division and Co. and J. C. Penney Co. Thursday both said that November was one of the best sales months ever and both reported a new r Realtor Top Post e volume. high where it could hit 1,000 before the end of the year. Dow The attainment of 1,000 will actually be more of a psychological triumph than a real achievement in terms of an economic or financial goal. CAME CLOSE The market came very close to making it when the average dosed at 995.15 on Feb. 9, 1966. But then came one of the most horrendous drops in history as the Dow sank 250.83 points to a low of 744.32 by Oct. 7. After jagged ups and downs, the market has won back its lost grourd. This year, as it neared the historic peak of 1966 once again, fears were ex- pressed that the market might repeat its dismal performance of that year by shying away Dow 1,000 and taking from another nose dive. To really understand what Dow 1,000 b emotional impact took the Dow industrials 25, to have the book privately print-lia- s onrnany Wall uStreeters you, years 0 come back to the rec-'eNine years later, with the ,h?y ve ord of 1929. That was 1954 Dow over 800, he had no trouble a publisher of an when the Dow topped the 400 finding 'level. This prompted a U.S. Dow version of this time with no ques-- j Plenty of oldsters in the ate investigation of why the 1.000' Street remember when the market should ieach such a tion mark. Davis theory was based on a; whole nation was stock market dizzy height while the economic mathematical concept of expo-- , crazy in 1929 and the Dow news was bad. industrials reached 'a peak of It also promoted a slock ana- - nential growth" wiiieh seemed 381.17. Then came the great lyst, Benton W. Davis, to write to be followed by all growing things 'from yeast cells to civi-- ' crash in October 29, followed a book entitled Dow 1.000? in an accelerated pat-- , the lizations, mark a The with the Dow, by question depression. industrials scraped to a bottom title. It looked to many as if tern based on Hie S curve! dreamed the, which looked just like that on a! of 41.22 in 1932, the blackest pit Ben Davis had and he had chart. of the depression. dream impossible Sears sales for the five weeks ended Nov. 39th topoed $1 billion and were $1,015,823,151. For the nation's largest merchandiser. this represented a gain of 8.3 per cent over sales in November of 1967. It also exceeded any sales period in the compa- history. J. C. Penney, fifth largest : merchandiser, turned un with a 13 per cent increase in its sales, which were a record $376,071,727 in November. Both companies pointed out that this years November actu- Christ- ally contained fewer shopping days because cut four davs off the period when people tradi- tionallv begin their seasons gift biming. This should mean stronger sales in December, they said. For the 44 weeks ended Nov. Sears sales also set a new high bv hitting $7.283 967,750 tive Committee of olocled v'ce pteMdent s conven,on cently. r- - u10 n Woodbury, scrvod Rur68 as chair-ma- Governors and the Board record no w has ed the University of Utah and, Brigham Young University. During World War II, he served in flic Navys submarine service for six wars. 2 Utahns Join American Oil Team of the American Society of Real Estate Counse-- j lot s and on the Govctninj Coun- ctl of the Commercial and Investment Division of the Na-- ; tiunal Institute of Real Estate! Brokers. In 1965, Utahs Real- tors honored him as Realtor ol the Year. Computer Aide s man f lutions committee serving as district manager in Great Falls, Mont. II" attend- L. Spohn lias been Salt Lake zone organinamed zation manager for Chevrolet Motor Division of General Motors Corp. Mr. Spohn joined Chevrolet in 1955, and has been Clair .Mr. J. Leon Sorenson has been Woodbury appointed administrative assiston the Realtors ant to Paul Gambles, president signments chair-- ' Washington Committee, o international Computer Svs-- ' man of the Federal Taxation and the steering tems IncCommittee, committee for NAREB's Make: Mr. Sorenson graduated from! e America Better program Brigham Young University signed to solve the urban prob- - wrj a masteis degree in public, 11.2 per cent increase. Pen- - lems through involvement of administration. sales were un 14. 3 per the private sector of society. Two - j have Utahns Amcrcan Oil- - Go.'s joined ' seven- - phase n'.anpowcr development program; They are A. P. Tanga) o, Sandy, and Frank E. Lauriski, Bountiful. The training program is designed to develand job sat op Don II. Peaker, chairman of U.S. the board, Beryllium Colo., and Pueblo, Corp., Charles R. Rudolph, presi-30- . dent, and chairman of" the board, Beryllium Internation-a- n al, Inc., Washington, D.C., MOST UNIQUE SPRAY PAINT The Utah Travel Agents sociation has kicked off a Asal to rampaign acquaint residents of the services the member agencies offer. Tiie association, loss than a year old, was organized to give the industry a voice In tiie stale and to build customer said John Dubois, service, manager of the Jack Thomas Travel Agency and secretary of the association. UTAA includes almost all the travel agencies in Salt Lake Citv. SELECTOR IN THE WORLD THE COMPUTER ON THE GOLDEN SPRAY PAINT CENTER HELPS YOU SELECT THE RIGHT KIND OF SPRAY PAINT FOR EVERY PAINTING NEED mates earnings of $3.30 per share for the next twelve months. An annual dividend of $9.40 per share is paid. STOCKS FOR POTENTIAL CAPITAL GAINS Mi GREGOR DO NIGER. INC. (19s) MGI) is the worlds largest prodiucr of men's sportswear and also inaP.iJacturer. hoys' Liurts-"T- , ni and a line of frialitv JONES PAINT & GLASS 170 N. 100 West Provo, Utah CENTRE PAINT & GLASS 238 West Clark Pocatello, Idaho BOUNTIFUL LUMBER & SUPPLY 1 90 So. Main Bountiful, Utah Textile Machine Maker Stars sweaters. Emphasis on more tines, promising profitable consumer demand and improved manufacturing facilities should raise 1968 sales tiie depressed level of Earnings lor the 12 months ended September, 1968, were $0.57 per share compared with a deficit of $0.04 share for tiie previous estiESE months mates earnings of $1.20 per 12 next the share for annua! dividend of $0.60 per share is paid. An WEYERHAEUSER (X6) U Y is the world's announce completion of plans for the acquisition of Beryllium International by U.S. Beryllium through exchange of one share of stock in U.S. Beryllium for each four shares in Beryllium International. U.S. Bervllium will be the $2,557,580,127.! STOCK OF THE WEEK montns. isfaction. according to T. B. Redmond, American Oil re- gional vice president. Mr. Tangaro is a native of Price and attended the University of Utah. Mr. Lauriski was born in Canon Citv, Colo, lie attended Carbon College and served two years in tiie Navv. Beryllium Firm Acquired as- - Traycl Agents Kick Off Drive , Leesona Corp. has been selected as the slock of die week by tiie Electronic Stock Evaluator Corp. Following are tiie securities and Friday's closing prices: CORP. (34-,LEESON.A I S() is a leading manufacturer of winding and twisting machines used in the textile industry. With a good recent pickup in orders and a substantial order backlog, 1968 sales should advance sharply. Tie outlook is also enhanced by the introduction of new nachinery and tiie development of fuel cells and other items unrelated to the indusfor the 12 try. Earnings months ended September. 1968, were $2.57 per share versus $1.47 per share for the previous 12 estiESE months. Mr. Harris EDO Declares 10 - Cent Dividend f Reported - W. Associates. of Cheers and champagne corks will pop when the Dow Jones industrial average hits the 1,000 mark. It camp close two years ago and has built up to the point it started the week at 985 ; advertising and public relations agency, according t.) James Hodgson, president. New Sales By ED MORSE AP Business Writer NEW YORK (AP) new have joined David Dow 7,000 Mark Seen As A Psychological Triumph will ring On 2 Join David W. Evans Staff at bottom of new Sundance resort. ski lift n a Corner exported aiiend iho LvOtTlITlCrCe to Robert Redford, left, and Robert Healey discuss plans for Sundance development. for construction of a gondola-- , type lift in the future. We see here a whole new concept of living. Our dream is to continue this area as part of your community and yet develop something fine which will not mar the natuRobert Gotts-chalral beauty, a Pali animal iriiiiiuiiMMiniiiiimiiii Tax Conferenee I Ur. 1'1 14 at the Uamada Inn in Salt Lake City. Spnn.'.oi oil by the Ftali Sori-etot 1uhlie Ammntants the conlcmice will ie.ituio tax exiv'rts from aeioss the nation. .Someo f the speakers hi- - c&. ties. He said plans also call reprt'senla-imM'i'iiimiiiimiiiiii- f are , r A. Gladstone, rosea fell hewer from w Yuik City; William L. Rally, C. I. A. from Tucson, An.; Dr. Clyde N. Randall, lorhirr dean. F'liver.sity of I'lali College of Business; la'wiii ,1. Reiman, member Salt Lake City ami member of the Internal Revenue Service's Commissioners Adviso-- i v Group and John H. Antler-son- . Los Angeles attorney ami loci ui or. Other speakers v ill he Roland V. Wi;e, IRS dislri't dr eelor for Utah, and Leo B. of the Niles, assistant dum-toAuditing Division of the Utah Slate Tax Commission. tax N-- I't.ih, uilh vide ft Named as new general manager of activities at the recreation spot was Robert Healey, former theater executive from Orem. He has been manager of the Geneva Drive-ITheater for the past 13 years. Mr. Redford told the gathering of community leaders that to the new officers hope eventually bring a total new recreation area into being. Future plans call for construction of a new chairlift at higher elevations above the ski lodge to connect a vast new ski area to existing facili- - jrf d'lde, Stanley -- Jiffs' ! aftittr junum gnntft itr"j)iT"iri)-- Tax Practitioners To Gather in S L Nevt Wfek mpiex w iiai CO. lead- ing producer and distributor of timber products. Roughly 50 per cent of sales in 1067 were derived from pulp, paper, paperboard and cartons. Record sales are expected in 1968 due to increased construction activity. Earnings to the 12 months ended September, 1908, were $3.22 per share veisns $2.16 xt share for the previous 12 mouths. ESE Estimates earnings of $3.75 cr share for the next twelve months. A11 annual dividend of $1.40 per share is paid. 1TL, INI.. 2Ph) iLn'met ly, Iiiternalion.il laekere, l.td., liK processes and distributes meat products. Mergin' talks are under way with Deltec Panutnerica S.A., meat and held iiivestmcnt-merehan- t hanking group. Should this merger become effective the new company would have assets of $220 million. Earnings for the 12 months ended June, 19C8. were $9.61 per share versus a deficit of $9.47 per share for the 12 ESE months. previous a closely estimates earnings per share for tin of $1.20 next 12 months. No dividend is paid. SCREW & BOLT (OKI, of AMERICA (IT5!,) SCAT is a leading manufacturer of nuts, bolts, screws and related items. With the acquisition of & Steel Wyckoff Pilgrim Drawn Steel in 1964, the company now has a strong position in cold finished steel bar operations. Margins should he helped by higher pliers and tiie absence of the costs of tiie 1967 ended months. An annual dividend of per share has been paid for the past throe years. $0.10 KETCHUM'S 780 West 4th So. S.L.C., Utah Your broker will be pleased furnish vrni with ad honal information regarding the ebove securities iThe Electronic Stock Evaluator Corp. This Spray Paint Center is covered b U.i. Patent 207565 Septem- were $0.72 per share versus $0.66 per share for ihr 12 months. ESE previous ber, 7951 So. State St. Midvale, Utah 12768 So. 1700 West Riverton, Utah estimates earnings of $0.90 per share for the next 12 strike. Earnings for the months 12 WEBSTER'S, INC. 1968, It kinds of spray paTnis TS different colors For every surface Wood Mela! Styrofoam-Pla- stics Glass and hundreds of uses everywhere. Yes, w have every kind of spray paint CHRISTMAS SHOP'' Cottonwood Mall the eeresole Its big. But you can grow into it. with the proud brand teots Comfortably. And still f a the 3b t iuCtimg SLKKt tn;jr. CV n th fhe back seat Out, our cd. ft. of Vuuuii bi Io.iHioq spate Almost twice that of o onsent- if AtivT. Au he vai tn use it no a ? ft 7 t VOLKSWAGEN INTERMOUNTAIN South Main 2111 time DeKisb" K MULLHOLLAND'S LUMBER & HDWE. 3298 Highland Drive S.I.C., Utah BUD'S VILLAGE HARDWARE 2040 East 6200 So. S.l.C., Utah mem quality. ROT LUMBER CO. BENNETT'S Roy, Utah 65 West 1 st So., S.l.C. 2157 Highland Dr., S.L.C. 2131 So. 2nd West, S.L.C. 272 West Center, Provo 260 West Harris, Ogden 45 No. Main, Logan 2312 Fairview, Boise 1863 Addison Ave., Twin Falls 287 Cliff St., Idaho Falls 415 YellowMoneAve., Pocatello NCTl: Denier inquiries Invited! Write Ted 124 $0. 21 it lot t or Phene 437-605- 3 Sumner MERRILL'S, INC. Brghani City, Utah t |