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Show HP"liyH V qj 11 Wpl "1'lj jg - Iqy lli'" n l.H(raaMgr 4" jgfai "i 'ii . .ia(Wiillii;irtrriiiT"-iii- "' i ,.. i Effects f Doi)fSotiii (3 gievond idw au w for business usually assumes a bands of! s.titude. Bv JOHN CUNNIFF AP Business Anal -- t - Mort NEW YORK (AP) people agree that persistent inflation produces serious dislocations in the economy of a nation, but most people al-- o tend to believe that the damage is almost solely m the fi- Now, with inflation seeming to defy the best intentioned plans of the administration and the Federal Reserve, the attitude seems to persist and to pick up adherei ts among nfluential eionomic Coverage includes aux- iliary fittings, equipment and attachments. Covers snowmobile against practically nsks of physical Among them: tin Patens freedom. It When inflation reaches a dangerous rate, as many economy ts feel it has, there is gen- all erally a clamor for controls on wages, prices and credit in order to stop the upward spiral. SURPRISING RISE Dunng 1969 there was a surprising rise In the number of who called for businessmen such controls. The Nixon administration Indicated that the rise was surprisingly strong. The immediate loss of in quality. With competition fot goods greater than the supply, buyers are forced to overlook quality. Buyers also tend to buy regardless of quality; they have the money to do so, or feel they will have a the money soon They might complain, but they do buy. certain amount of freedom might be smill at first. But the piececient that counts if' tends to produce a values. of maiket Reliable standards become ODscured by constant shifting interest of prices, wages, rates until it becomes nearly impossible to rate the price of It chaos anything. REDICES DLMRE It tends to reduce the desire and ability to compete. A nations goods become too expensive to sell abroad. And as foreign goods become more competitive within a nation, industry and labor seek protection from government. 8 detenoriza-tio- n Tuesday, B New officers of the Better Business Bureaj of Salt Lake City were elected by the board of directors following the annual membership meeting Monday at the University The incentive for workers to perform to a very high standard often is undermined in the process Club. are FOR MANY FAMILIES . Now is the right time to buy and Commercial Security is -- making COME eur IN... loans every day. discuss your situation with one ef Real Estate Specialists Call Hoyt Wimer at 328-0J- 5I 0 SIB Commercial Member Federal Deposit Insurance Corporation OGDEN, SAIT LAKE CITY, TOOELE, GRANTSVIllE Envirotech Corp., (BW) deter- Palo Alto, and Arthur G. McKee Company, Cleveland, Tuesday finalized the purchase of MMCKees Process Machinery Division, including WEMCO and related subsidiaries, by Envirotech. An agreement in pnnciple was for the acquisition announced in November. The d i v i 1 o n and subsidiaries acquired had sales of 8 mil- - Copper Prices Down 2 Cents Copper puces slipped the daily limit of two cents a pound in futures trading in New York Monday. The spot January contract cn which the limit doesnt apply dropped 2.2 cents. The Wall Street Journal attributed the decline to President Richard M. Nixons call for an extensive study of pricing policies and market conditions in the copper industry. Traders trimmed holdings as they waited to see how the study goes. lion for the last reported cal year. A quiet room A. J. Lake ; Schoenhals, Zions First National Bank, and Charles E. Williams, Nationwide Finance Co., were reelected directors. is an international engineering and contracting concern, headquartered Geveland. report of the BetBusiness Bureau showed a ter of total 14,725 inquiries The Envirotech was formed in May 1969 by Robert L. Chambers, the New York asset management firm of Donaldson, Lufkin Jenrette, Inc., and North American Rockwell Cop. Its Initial aacquisitions were Eimco Corp. from Ogden Corp. and BS PCorp. from Bangor Punta. 1969 6,572 complaints, The largest number of complaints had to do with maga-- NORTH SALT LAKE Producer! Hogs Market (Monday auction); with last weak close, US 12 190230 lb barrows and gilts 26 6 50, sows 20 50 22 25, cattle 798 head, slaugh50 lower, ter cows weak 25 instances to strong feeder cows fully slaughter bulls fully steady, Stocker and feeder cattle steady; liberal water fills steer and heifer taken into consideration, ca'ves steady to .50 higher. Cows: earner and cutter 18 60 22 00, utility and c'vnmercial cows 20 standard to low good 23 2023 50, slaugh ter bulls 23 60 27 70 bulk of the slaughter bulls 26 7527.50 Fed cattle: Good to low choice steers 25 20, good to low choice heifers steady Better Business Bureau officers from top, Robert R. Murray, John B. Lake, D. Haro'd Collipriest 653 calls. zine solicitations Automotive repairs and service was a dose second with 651 calls; appliances sales and service complaints totaled 516; photography 480 sales and and service 318. Pest control rated the fewest complaints, just radio-televisio- n Salt Lake City Chief of Police Dewey J. Fillis discussed law enforcement problems at the meeting. lb Hogs 27 sows 23 50, 2 3 4 lower; lb Abroad your Volkswagen your Volkswagen FINANCE ALL AT ONE LOCATION 3711 South State 262-640- 1 VOLKSWAGEN INTERMOUNTAIN 3 26 3 lower, 500400 lb 22 0022 75. 50 mostly 1 & your Volkswagen SERVICE your Volkswagen 25 ib vice president; Carlton H Stowe, Petroleum Information Corp., secreary; Jim Bau-cuHumble Oil Co., treasui- - er. 3 Chosen As Judges Three business leadeis of Nephi served as judges in a nationwide competition to determine Oscar trophy in the housewares manu facturing industry. They are Harlow Pexton, Hal Liddiyard and Jim Pexton of Pexton Wholesale Company, Nephi, Utah. Markets In Brief Cash Grain win-ne- is By United Press International Stocks Lower in light trading Bonds Irregular U S Unchanged government bonds to tower m quiet trading Lower In light tradAmerican stocks ing London stocks Higher. Lower. Cotton futures Wheat closed Chicago gram futures off to 1v4 cent, corn unchanged to up to 3 oats off rye unchanged to off ; soybeans up 14 to 2. CHICAGO (UPI) Wheat unchanged, 1 C.sh tram salts No 2 481zN soft rid cent higher, No 2 yellow 25J4 Corn No 3 yellow 1 2134-- 1 22j4; no 4 yellow 1 194-- 1 214 No 2 extra heavy Oats unchanged; white 68N No 2 pump 1 14WN Rye unchanged, Barley Malting .95-- 1 ION, teed ,75 95N 1 No yellow Soybeans unchanged; 2 5234, No 2 yellow 2 SO1 2 524; No 3 2 46' 2, track Chicago. yellow 1 What can the investor expect in 1970? Every three months, Dean Witter & Co.s Economic Policy Committee reviews the investment climate and the business and financial outlook. At last weeks meeting, tha Committee took a hard and realistic look at current conditions and the road ahead. Its conclusions are spelled out in a timely and report, A Positive Investment Winter Market Outlook. Policy More than just another New Years forecast, the report represents a realistic appraisal of the 1970 investment outlook and provides valuable guidelines for all investors. It gives straightforward answers to such questions as: Which securities look best lor purchase now? Can present fiscal and monetary policies halt inflation? Does the outlook for corporate profits this year warrant serious concern? Will inflationary psychology permit a rapid easing of monetary controls? How soon can interest rates be expected to decline? How important is a balanced Federal budget to the stock market? In addition, the report offers two suggested portfolios and provides recommendations of specific securities for the conservative long-terinvestor as well as the more aggressive investor. A Positive Investment Policy' is a must for all d investors. For your free cop simply phone or visit the Dean itter office nearest you, or mail the coupon below.Theres no cost or obligation involved th LEASE Ph. Recently elected officers for of the Utah Association of Petroleum and Mining Land-meare Don A. Nichols, Getty Oil Co., president; Robert G. Vemon, Skyline Oil Co , n Deliveries Here INSURE of mining proper- principally a partial writedown of the Mammoth mine in Utah. ties, 1970 VOLKSWAGEN 10 000; OMAHA Cattle 125, slaughter steers and heif calves ers lower; cows slow, weak to 2 lower; bulls steady to 50 higher, feeders strong, slaughter steers high choice and 100 050 lb ?9oo good and prime, 975-250 lb 27 0027 50; good choice 25 00 standard and low good 5 23 00 heifers high choice and prime 975 lb 28 25, cows utility and commercial 1 20 canner and cutter cows 50, 16 5020 00; buHs utility commercial and good 24 0025 00; high good and choice 950-- 1 steers 025 feeder lb fleshy 27 00, choice 475 lb steer calves 36 50, choice 400 lb heifer calves 33 50 1 600, slaughter lambs steady Shep ewes not tested; sijgher lambs choice 0 lb with fall shorn pelts 28 00 wooied slaughter iambs choice some with 0 00; choice, lb 28 end prime writedowns Landmen Elect BUY A 1b Choice mixed good end choice 50, Holstein steers 24 75, choice lots of 317464 lb steers 36 40 mixed lb steer calves 38 good end choice 425490 lb 32 1036 75 Mixed good and choice Feeder heifers 525 660 lb 28.30-2- 9 20; good 26 00 27 25, lb heifer calves 36 1 50, choice 0 00; 'b 29 good pregnancy tested first calf heifer 215 00 per head, middle-age- d stock cows pregnancy-teste- d per head, feeder cows 18 6023 00. Management, in estimating r results, cautioned that operating earnings for the fourth quarter will largely offset by anticipated full-yea- Newsletter, - steers: 00 to add to at least 1,740 other claims he owns in tie state The latest batch of claim', both patented and unpatented' are near Tonopah, 237 miles southeast of Reno. SAN FRANCISCO (BW) -New Park Mining Co. expects to report between $15 million and $16 million in revenues 1969, up for calendar-yea- r from $3.3 million the previous year, according to a management interview with Walkers published Monday. 25, 1 00-- 2 milk supply. New Park Reports Profits Compared 00; 27 Reno. Parkinson sun explaining that Nevada and Anzona dont have the dauv herds to produce a sufficient y Feedlot and, ter classes steers, mostly etwee LOS ANGELES (UPI) 000-100 lb 29 00 29 50, mixed good and for week endmq Jan 9 9ood lb 28 50 29 00 1,025 1075 with last weeks dose,choice choice heifers, slaughter steers and heifers fully steady '925-- 1 100 lb27 2800 0028 00 not enough feeders confirme dto test good 000 lb 26 90, ail slaughter sheers for de ivery within two weeks, four per prices Confirmed sales feedlot. 2,350 head, slaughter heifers 135. Slaugh- - cent shrink, FOB range sales 20. 10 000, 8 00, of the produced in the Sdlt milk shed goes to Den ver, Phoenix, Las Vegas aid milk How- - RENO, NEV. (AP) five. handled and 4,909 follow-u- p calls made by bureau personnel. steady 10 City-Ceun- u Health Department. About 15 per cent ard Hughes, ihe publicity-shbillionaire, has agreed to pay the University of Nevada 5500,000 for 119 mining claims Livestock 31 millio-pound- Hughes Buys Claims president is Her- cy Corp ; Selby Collinson, Kennecott Copper Corp. ; Alan F. Frank, Alan F. Frank and Associates, Inc. ; Lawrence Goldsmith. Arthur Frank, and Wilford W. Daynes Jr., Mountain Bell. related industries. WEMCO plants are locate in Cleveland and Sacramento, Calif. It will be known as the WMCO Division of Envirotech. lb 28 near the highway fis- and equipment for the minerals, food, chemicals, plastics, textiles and Feeder 4 2 i price New directors whqse election was announced are Jay A. Carlson, Newspaper Agen- manufactures processing equipment, pumps 27 ships of surplus Giade milk per month to surround Nevada, Colou, ing states do. Arizona, Wyoming at a Idaho, according to Wilbur Parkinson, chief sanitarian of the Salt Lake gallon. In a Deseret News survey of milk prices in neignboring states, a Denver grocer quoted 53 cents a half gallon; Albertsons in Las Vegas quoted 58 cents and Meadow Gold Daily in Phoenix said the there is 55 cents. retail bert L. Price, personnel manager of Newspaper Agency Corp. WEMCO McKee Utah Mid-We- Buys WIAACO PALO ALTO, CALIF. i Outside Utah You can buy Utah Grade A milk cheaper in Denver, Colo.; Las Vegas. Nev., or Phoenix, Ariz., than you can in Salt Lake City. Milk prices at most stores in Utah went up four cents last week to 59 cents a half Vice president is John B. Lake, president of Office, and elected for a second term as treasurer is Robert R. Murray, senior vice president of Prudential Federal Savings & Loan Association. I. Marvin Yeates was reelected secretary-- a n a g e r. Outgoing may cheat you if you wait to cheat buy or build e home value and you out of dollar years of pleasure. s January 13, 1970 New president is Harold D. Collipriest who served as vice president last year. He is for local sales manager KLUB-KWICo. Broadcasting Money is siphoned off for social needs ignored. The current scramble for money is leaving many municipalities without funds for needed improvements. Individuals get weal- i i Directors Select Officers luxuries while ! Milk Cheaper Quality deteriorates in another way also. With costs constantly rising, many manufacturers are tempted to cut expenses by reducing the quality of parts and the number of manufacturing steps. thy; their environment iorates. ! 4 ' IVs BBB Envirotech INFLATION f 4s& m 4 1 . audio-rites- nancial area. This isn't quite true. The financial damage is most ea-i'- v observed, especially in ns effects on those u hose do not keep pace uitn rising prnes. But sociologists and otheis note a long list of other effects. It leads to a ' ' CORNER ON COMMERCE AUTMOftllig CA183 m We are pleased to announce senous-minde- the opening of our DENVER, COLORADO OFFICE Trucks make INCORPORATED roise Everybody know: that. in the Equitable Building the The more trucks on the h'gnway loude' the noise that assaults our sense. IML recognizes 73017th Street Telephone: (303) this environmental problem and is doing something about n Equipment manufactures tell us that our new deluxe turbo charged hne tractors are rolling off the assembly line with "quiet built in. Special mufflers are not needed But for IML, that's not good enough. Special mufflers are being installed on each IML power unit to make it extra quiet. Our dnvers in tneir slcsptr cabs wi'l now have the quietest room in tew" you will no longer know that an IML truer, s around unless you see it! Dean Witter & Co. New York Stock Exchange Calvin Gaddis, Vice President lake City Telephone 328-343- 4 892-011- 2 For continuous tronscr. dial FRANCIS KIRBY, Manager DEAN WITTER I CO. bed maiket reports 355-291- 1 INCORPORATED copy (ies) of your free report Please send me entitled A Positive Investment Policy. FREIGHT INC. One of America's great transportation companies. P 15 East First South, Salt ten sea., me. te-nb- r New Yonr Security Dea'er A.sociat on I I I I i i Exchange Place, Jersey City, New Jersey Miami Denver Philadelphia Correspondents In Principal Cities B 1 a Name . Es'afciiJ ed 199 1 I State. .Zip. i i i i t |