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Show NEWS, DESERET 2T py ' a WW 'ili N$ r - ifv Saturday, December 9, 1972 Mj 'U HZ f-- f? ,jf." ,Ji '. ( .tt & TV Ljp, 6' r '"'$7' tji . V y ' iSl V Wfc? 3 ; m s ;4' ESE Pi o V v u ) t jSMs js .& j Hliv u fqjjrrz & ; !'i 4 ! i'J , ,, c Vjv 'cf vw.. i Aetna Life & Casualty has been chosen the Stock of the Week by the Electronic Stock Evaluator Corp. Several other stocks were also chosen for the capital gains potential. AETNA LIFE & CASUAL TY (74) AET is the largest $. $v Ay o 'O r fl,-- . !, SA "l ' '.A a investor-owne- fvV A--- '', 'ds:s M , x; in- stock-lif- e d surance enterprises, that also maintains a strong position (86 pet.) in the group insurance area. In spite of increased surance costs, snares are ate outtractive for the look. Earnings ior the 12 months ending September 1971 were $4.53 compared with $6.32 per share for the present j) u '& - JL J - , , VA f . it .fiV O V a V' W 4$. s MlilP Ws-f- tj -,. Stock Of Week vpyjm " long-rang- fe Vr;;.-'- period ending mrm The enthralled children above are nfP ,i in Ballet West perform their own school under a grant from the Utah Legislature. The ballet receives funds seeing from several sources as it carries out its regional work. September 1972. Robert Bricked keeps track of the Ballet's business. r CARPENTER TECHNOLO(26) CRS is a medium-size- d y stainless, took and steels producer. Through widening use of specialty steels, product upgrading and plant improvements this corporation is a favorable longterm investment. Earnings for 12 the months ending September 1972 were $1.91 compared with 82 cents for the preceding 12 months. GY high-allo- 7! Of IBaUet A Pirouette IBusIness Side 'In, el u. 'V i I.' 'i . More TLiam CENTRAL & SOUTH WEST CSR a utility company operates in an area abundant with natural resources affording the basis for expanding industrial development. Earnings for the 12 months ending September 1971 were $2.98, compared with $3.18 for the 12 months ending September (52) By DON C. WOODWARD, Deseret News Business Editor Two weeks from now the lilting melodies of The Nutcracker will once again fill Kingsbury Hall in what is now firmly entrenched as a Utah Christmas tradtition. be all kinds of people in the There' audience,! at Ballet West, with the Utah Symphony Orchestra presents its tribute to Tchaikovsky's genius. There will be housewives, children, .businessmen, students people of all ages come to 'renew themselves in one of the years outstanding cultural events. Will And somewhere back of the curtains at least one pair of anxious eyc scarjnibe jie audience. Robert V. Brj(&ei$lVi $1 general manager, will be quite frankly counting the gate. Hell also be wondering how to get all those other ballet performances. there will be i ehdless fascination to us, he said. Four times as many come to see the Nutcracker as the rest of our shows, and yet the other Ballet West 6 JtfshaJ good as the Nutcrack- - er. It's Brickell's job to worry about such things. , Ballet, West is, after all, a non profit yenture, but it still takes lots of money fo keep. It going. In the past nine years it has gone from a $50,900 budget to more than $677,000 this year. Last year we put more than, $300,000 into the Utah said Brickell. Thats not Geneconomy. eral Motors, but its. its still a respectable ' ' amount. . , One thing that is continually born home to me is the fragility of the thing, he said recently during a slow period when the ballets main elements were on tour across the country with their Nutcracker along the way) (and winning rave notices ' k.ls'r 1 There are so' many independent elements that we depend on. We depend on the health and talent of 35 young dancers, the skill of out stage and wardrobe department, the dedication of our artistic director he said, ticking them off on his fingers. And we depend on the excitement 1970-197- with a small surplus of $15,000, said Bnckell, A lot of people really worked hard on that, he said. year came up recall telling the president skiing resorts tinue to get top billing in line magazines.' Brickell laughs now as 1 dont think conversation. tributors would be any less us if we had run a $2,000 they like to see that were monev well. Latest to sing the praises of The greatest snow on earth is United Air Lines December Mainhner The easy accessibility of the Beehive ski resorts via plane and the abundance of excelfor lent accommmodations skieis, both at the resorts and in Shilt stressed in the feature firtldi;:'' ' . &, ' 1 V 1 foior pMecjjmpanymg the $rtilehijwi ,fbe p!ta to atkantagiT id Sfos'lmjthajfntnters such sce-ner- as ian York, Chicago, fly to ;r. Denver 'can be on skis SaltfJLae igitjf pnd in Little Cottonwood, Big City resorts sooner thaq ttey could if they dros;e ttfrssof∈ their own areos, tbf fr$ri $tates. For example, Allying time frotn Salt .Francisco to Salt , CAmLLAC Sed. SILL UA$ May & buy. a ai .u Xk Ph. n fflrSwiowSilwtfltiiiiisboi by jgpomtra.il. Call Shw 282-640- .? problem Bnckell would like to see more season tickets sold. He reports the total for this year at more than 3,300, which isnt bad for a city of this size. In fact its very and yet is it is good indeed, he added, nowhere near the total for the Symphony or Pioneer Memorial Theater He estimated the basic ballet audience for Salt Lake shows is 6,000 people. By that we mean tne paying customers who come to see the productions. The Nutcracker, of course, is king. said Bnckell as he contemplated the donations. Its born of our happy image, I suppose, and it may be hurting us. The image is that we are fatter than we in fact are, four-yea- Some of the expenses are unusual. For example, the ballet budgets $17,000 for shoes alone and will pay about $70,000 to the Utah Symphony for its support. But other expenses would be familiar to any businessman; expenses such as food and lodging, payroll taxes, advertising, depreciation of costume materials and sets, transportation, insurance and postage. And unlike a business, the performing arts cant expect to save money by doing more. Its much more difficult in the performing arts to get the economies of scale that businessmen get, said Bnckell. The basic units of our product remain the same: it takes just as much practice time to do a Beethoven Sonata now as it did in the 19th Century. Anyway, says Bnckell, he isnt at all discouraged with his work. I dont feel at all negative about the future of Ballet West. he said. But I know theres no pot of gold at the end of this rainbow. This is a becoming process. We can never say we have succeeded. If he could say that, though, he knows when it would occur. Were not going to be satisfied until we have 100 percent of the house sold out every night. The focus of all this backastage activity is a corps of 32 dancers who highly-traine- d Cattlemen Say Beef Picture Hard To Swallow SAN FRANCISCO (UPI) -Theres just no way out of higher meat prices, two cattle- men contend. areas is no more minutes from the airthan port so that the total elapsed time for the trip is two hours and 13 minutes 45 Lower pnees will force cattlemen off their ranges and conference called because we want the housewife to see the picture. If cattlemen cant make an honest daily living, theyre not to more grow any said George Mard'k-ian- , restaurateu and Napa Val- going cattle. ley cattleman. And if they go out of busi CONTINENTAL CORP. (45) composes one of the worlds largest property and casualty insurers. Diversification into finan- rial areas continues to enhance this investment for the long-teroutlook. Earnings ior the 12 months ending 1972 were $4.51 September compared with $3.90 per share for the preceding 12 months. plus three apprentices. About a third of them are from Utah, but the ballet regularly attracts top talent from outside the state, too. -- ness, youd have a shortage and prices would go up said Edward C. anyway, Biaggmi Jr , the California Cattlemen's Association CIC DENNISON MFG. (38) DSN is a leading ! producer of paper products for home and offices and schools, for systems attaching and marking labels and office copy machines. Improved copier operations enhance continued price improvement. Earnings for the 12 months ending September 1972 were $2.82 compared with $2.2S for the preceding 12 months. The Electronic Stock Evaluator Coro., of Rockville , Centre, New York, has selected the securities listed for outstandlno fundamental value e and market Interest. ESE uses computers to perform the tasks commonly done by indlv.duol research analysts. However, the computer has the advantage of speed, enabling ESE to an alyze approximately 2,500 securities each week. ATTENTION MR. BUSINESSMAN DON'T BUY A COPY MACHINE! With nine Nutcrackers we have sold out at 17.500 seats, he said This year we should hit 25,000 if there is a sellout. The ballets contributors run all the w ay from those who give a few dollars up to news contracts number $287,000 r, arc cn This year Ballet West added to the of Nutcracker performances and for the first time will begin its run before Christmas on Dec. 22. and 23. with a matinee on the 23rd. The regular run picks up on Dec. 26 and continues to the 30th. the ballet received a grant from the Ford Foundation, which set up a revolving cash fund to help tide it over periods when income is lean but expenses continue. That donation, which totaled $84,000 last year and will be $56,000 this year and the next two years, has to be replaced and kept intact at the end of the fiscal year. F'tr example, Just buy the supplies from us and we'll let you use our copier in your office. COPY SERVICES CALL FOR MORS INFORMATION 328-425- 2 225 EAST 9th SOUTH, DICK MURDOCK. SALT LAKE Owner imported meat is too tough, the pair declared Monday at a DESERET TRUST COMPANY SALT LAKE CITY STATEMENT OF CONDITION After the close ef business October to, 1972. ASSETS Current Assets Cosh in Banks Defray'd Deposits.... Time Deposits Trust Fees Receivable Advance to Trust Accounts Accrued Interest Receivable Unexpired Insurance S JIM 00 .. 100,000 00 ., . . .. . .. 53.484 90 25,000 00 1,352 00 2.627 35 S184 645 75 Fired Assets S 6,625 99 . . Office Furniture 7 1C 58 89? 59 Organization Costs .. . S192 164 33 Total Assets . " LIABILITIES AND STOCKHOLDER S EQUITY t Current Liabilities Accounts Payable $ 24 656 9? Stockholder's Equity No Par Volue. Common Stock Authorized. 500 Shores; Issued and Outstanding, 150 Shores, at ......S100,000.00 Stated Value of $666 67 Po'd in Capital in Excess of 50,000 00 $150.0COtf Stated Value 167,507 41 17.507.41 Retained Earnings $192,164 33 Total Liabilities end Stockholder i Equity.. uQ belief. Correct-Attes- JOHN I. HUNTER Treasurer BLODGETT SPFNCFR ANDERSEN DEE F. Directors CLARON O Stole of Utah, County of Salt Loke t ss Sworn to ond subscribed before me this 2Ht day of Nov, 1972 L. CONRAD BRYNER Notary Public fi i!i i unjr rkpjfi lui it wi - C.0, GUINN The 1973 Oldsmobile Omega Coupe Push button radio Chrome window and fender' openings Ming plating 4 way flasher Side painted stripes Washerwiper STATE OF UTAH Department of Financial institutions I, C. B. Quinn, Chief Examiner of Ffnonetol Institutions, do hereby certify that the foregoing Is a true ond correct copy t toft ftlatemefit ftl the above Seven only transmission Whitewall tires 1, John L. Hunter, of the above momed Trust co., do solemnly affirm that this report of condition is true and correct to the best Of my Knowledge ond Chief Cxomtow of Pfnonclal Inslifutfone , We have a negative he recalls that any of our coninclined to help deficit. I think managing their It's not just Ballet West (hat is this It's every way, either, said Brickell. strong, stable, growing artistic venture in nQmM&QnMliediAto)$otticeOftNov2i92 t 1 Were used to talking about an area of nice schools, a good tax base, and the like. What this town has in the arts is unique. When people are contributing to Ballet West or the symphony they are also contributing to the growth of Utah. To round out the income, the ballet will from the $8,000 contribution of Rocky Mountain States to help it subsidize appearances through the region, the national sources will contribute $78,000, the state of Utah will contribute about $91,000 to finance apppearances in schools and communities and Salt Lake County may decide to contribute about $3,000 as it has in the past. Still, the conversation reveals something about the state of the performing arts in tins country. It's m the nature of the beast. said Brickell. If you set your ticket pnees at a level that people will accept, you are in a effect buying an operating deficit. Lake. International "Airport is one&nd-khal- f JittitS.' The tnp 1372 think there is a feeling on the part of the public that if they spend $12 for three seats to a performance, they are puzzled when we tJk of donations, he said. I understand their puzzlement. But at the same time there is another side of the coin: this is the only town west of Philadelphia with a truly major symphony orchestra and a ballet m an area that wants to attract new business and new industry. 1 receive an Federation As- a featured part fcf The Nutcracker, which will begin its annual Salt Lake run Dec. 22. those donating $1,000 or more, and there are a surprising number of these. In fact, Brickell thinks one of the ballets main asks is to increase the donations from those who can give smaller amounts. ness community should come up with about $23,900, and private individuals with around $38,000. sociation of American Dance Companies and he that we just might be break even was delighted. A month later 1 called him to which and told him we had a surplus he replied that I was a fool. You never show a surplus! he said. to the skiing air- of the King is 1972. Normally, they plan on raising about $130,000 from their fund drive. Foundations are expected to donate $40,000, the busi- BUSINESS I The Mouse Contributions, on the other hand, make up a sizeable portion of the rest of the budget, which will total $677,114. The ballet has made progress on other it had a defifronts, too. In fiscal cit of $66,728, but during the last fiscal Airline Sings Praise Utah Ski Resorts Utahs the country. They must have continuing support to grow, and we are no different from any other professional performing arts group. In fact, Ballet Wests operating deficit is pegged at 65 percent. That means that of all the money taken in during the year, only 35 percent is earned from ticket sales and the rest is contnbuted through various channels, such as fees from Aspen, Colo, where it participates in a summer tuition program. They also anticipate $136,000 in ticket sales, bringing the total earned to $368,480. trustees, Brickell is quite rightly proud of the ballets progress. What has been created here in nine years is one of the finest balhe said. let companies in the country, Theres nothing to equal it in stature between Philadelphia and San Francisco certainly nothing like it in Chicago, Dallas or Denver Yet here it is near the salt marshes, with a man as its artistic director (Wiliam Christensen) that one eminent dance writer has called the native-born- e American in ballet. m ItsSa of our board of and enthusiasm too. Houndstooth interior Back up iamps Aluminum exhaustsystem Hidden antenna IS Ken Garff Oldsmobile STATE AT FIFTH SOUTH SALT LAKE CITY, UTAH 84111 5215111 , V h |
