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Show rn Salt Tracy-Collin- Section D Financial Western Shares told Tracy Collins Bank A Co. stockholders Wednesday it was offering $75 a share for up to 70 percent of He also &a,d that Western has "assured us cf their desire to make no charge in our staff of officers and employes whose abilities and efforts have been responsible tor our continued progress and service to the public." He also said: "After due consideration, your board has concluded that this (Western) to a groun who should bring added strength to our institution. Trust Mr. Feulger Mr. B&ma Farmers State Adds 2 to Banking Staff Special to The Tribune BOUNTIFUL Farmers State Bark has announced two new appointments: Bart Foulger will be installment loan officer and James C. Barms Jr., supervisor of data processing. Store additions to the bank staff are contemplated for the future, especially because of tie growing population in Davis Coun, said Newell P. parkin, bank president. Mr. Foulger, a graduate of University erf Utah, was most recently associated with Seaboard Finance. Mr. Barms, who has been with Hercules Powder Co.. North American Aviation and Utah Department of Highways, also Is a University graduate. erch holder's shares and for any lesser amounts. The re"-- $55 cor-orst'o- fi made its bid for the shares in a letter. It had announced through representatives Tuesday that it was seeking a controlling inere-- t in the stork of the veteran Salt Lake institution. Expires Dec. 1 The offer will expire Dec. 1 at 8 p.m., according to the letter, signed by John A. Dahl-stroidentified as attorney-in-fa- ct for Western. The offer is conditional upon not less than 51 percent of the outstanding shares or 40,8X1 shares is tendered. If fewer shares are tendered, Western may withdraw its offer or extend the expiration date, it said. Make No Change crease substantially In the future. Speaking at the league convention here, Dr. Pston Martin, chairman of toe Federal Home Loan Bank Board announced a new board policy to permit and facilitate financing of mobile homes. The beard regulates savings and loans and supplies credit to them in much the same way as does the federal reserve with commercial banks. Motile bousing now is 90 Special to The Tribune tury' ago. In variation, its back on the American scene in the Seve but in far sleeker style and appointment. New Policy Feeling among savings and loan leaders of the U. S. Savings and Loan League is that the mobile home sales w ill in VEGAS men now have LAS Thursday Morning, November 20, 1969 percent of toe new market for homes priced under $13,000. One of every three new single-famil-y dwellings today, regardless of cost, is a mobile home. one-fami- Loaa Business- a new kind of criminal to worry about the computer cracker. Tne man who makes aa illegal living opening safes is after cash. But the computer thief is after information, toe kind of sensitive data tout of dolcan be worth mili-o'-- s lars to a businessmans rival Concern is rising so rapid!; that some professionals in the computer field are half seriously considering lie detector tots for employee Altai Info Terns The most valuable information a company has concerns its financial position and assets, said Phillip L. Under toe new board regulations, a savings and toan association may tend up to five percent of assets for a maximum term of 12 years oa new mobile homes and 8 years on the used units. Schiedermayer, head of an Industrial security firm. When several companies put their information on a 15V2"xI0V2"x3" ROASTER LB. ibtntf ak? By Robert A. Iosenblatt Los Angeles Times Writer Another loan for lunch money? Sometimes I think I'm in charge of welfare Instead of petty cash." CHICAGO The Conestoga was the mobile home a cen- In an accompanying letter Newell B. Dayton, board chairman of Tracys, wrote that all directors "as stockholders" had agreed to accept the offer as to part or ail of their holdings. - Finance Page 2 Firms Beware of Thieves Who Pick Wired Bi ains of Their Computers New Federal Loan Policy Can Trigger Increased U.S. Sales of Mobile Homes m, Markets Hines Firm Offers $75 a Share s In Bid for. When a firm hooks into a computer utility it surrenders , to a large extent , the control of its data to a third party,9 commonly shared computer, an individual company could lose all this information in one fell swoop, Schieder-mavtold a seminar on "the computer security and priva- er cy controversy." The session at the 1939 fall joint computer conference here was crowded with data processing people worrying about making sure that their computers dont talk to the wrong people. Dont Warrj Managers dont worry when all their computer work is done in the companys own plant by its own personnel, indicated William E. Delair, head of Trans Data Ccrp., a time sharing firm. A time sharing ccmpany owns its own computer, and sells time on the machine to various customers, who have terminals connecting their business places with the central compute-- . The computer gets all of toe intonnation from all of the customers, and conceivably, a thief in one firm could try to tap into the computer and get information from all the other firms records. When a business uses this terd of computer utility, said Delair, the business has surrendered to a large extent the control of its data to a third party. Report Lists Homestead Fiscal Loss Special to The Tribune , DENVER Homestead Minerals Cory., Denver, reported a net loss of $118,873 for the fiscal year ended June 30, according to a stockholders report issued by DiX L Turnbow, president This compares with profits of $6,444 and $11,510 in 19S8 and 1967, ' respectively. , should acres under tease near and in the Great Salt Lake. business. Computer , systems CORNET VALUE FRIGE paneltots be designed and the programs instructions to make the The computer utility must reassure the businec n n tnat the information is site or lose the opportunity to get his Heats Evenly Cleons Post Storog Belong toasting Uniform Browning Disposable Revscble Super Heavy Aluminum Eliminates Messy Clean Up. Fell While most stressed technical q'sestions. Schiedermayer focused 01 screening people rattier thn machines. Training programs for personnel in data processmg departments, special security men whose fundamental job to to protect data rather than grind it out, and continuous of performance, monitoring were among toe precautions be mentioned. Revenues for the year were $25,14S, and $415,023, Mr Turnbow staled. Not loss for each share of common stock was one cent. Homestead holds oil and gas properties in several Western states and has 220,00 Cites Xord CAPACITY FOR HAMS ROASTS TURKEYS should be computer work written with built 'to security safeguards Dr. Willis Ware, head of the Rand Corp. computer sconces divison, told the paneL Kaiser Plans Curtailment Of W. Utah Potash Plant 10-INC- H FRY DECORATOR COLORS CHOOSE FROM' WITH ye, erewheatiay alamieem with glassy pelylmide fiakhas ia tbs mast papeler daearatar color AVOCADO. Extra value with taw. k wee whea metal seriate the datable teacher TEFLON II Needs Easy Cleaaiag (aside end Out. apeoM'eerf spatula are asad. Completely dishwasher-safe- , Oaty Simple Swish ef Sadsy Clot or Spaaja. Stylish heavy DECANTOR BANANA BOWL CAKE STAND ic sea-stic- or, a DUPONT COMPOTE $3.SS TTX finish 68 32 COTTON RAYON LA FLEUR PATTERN Choose from Gold, White, Moss, or Eggshell Mr. Anderson has been at the plant for 27 years, and Mr. Wiley for 31 years. Jesse Ecton, plant manager, who has been at the plant for 31 years; John office manager, Anderson, and Rands Wiley, plant nization is to Mr. Kuhre give a stronger, more unified voice to state wholesalers, Mr. Kuhre said. A full board of directors will be announced in two weeks. mid-197- COWARE AT TOUGHER TEFLON II Special to The Tribune WENDOYER Kaiser Aluminum & Chemical Cotp., said Wednesday that due to an oversupply in the potash market, it plans to curtail some of its operations at its Wendover. Utah, potash planL The company repented it will halt development work on its evaporation ponds and its collection ditches, but has no plans at this time to close the Wendover facility. The plant will continue to process potash that is now in the harvest ponds through at which time the company will reevaluate toe economics of toe market. Kaiser said curtailment will affect 10 of toe plants work force of 60 employes. 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