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Show 3iines-ol- kct-- l1 ai mauie ffibnni 3u$inc5S lt fiilif Page 10 Friday Morning, July 17, 1970 Section B ; 9 J SK y5 il i L 1 ' iI i 4 - r ril i fit Blifje Ciiijj o - $ Stock Market Shows Active Gains, X' " ft New York! Times Service Led by a NFW YORK group of traditional Blue-Chi- p favorites, the' stock market continued to rally In active trading Thursday. Strength in vsurh market bulwarks as General Foods, General ElectriV and Stan is a declared Alan Shaw, a technical analyst with Harris, Upham & Co., Inc. A lot of portfolio upgrading is going on with institutions and individuals changing their thinking to a more positive basis. This Oil (New Jersey) cars Industrial ried the Average to a gain of 1178 points and a new recovery high of 723.44. of the 30 compoTwenty-tw- o nents In the average finished with gams, including nine that advanced by a point or more. dard - market analjsts encouragement m second-quarte- r earnings reports, which were not as bad as some had expected, as well as hints that the economic slowdown was easing. Reports from Washington during the day said that Gross National Product figures for the second quarter would show a stable pattern, after adjustment for price increases, and that the rate of inflation wfas abating. On the exchange, winners ratio topped losers by a in the early afternoon but the margin was shaved toward the close. The final tally showed 946 advances against at buuntu on June M, Salt lata City, Mttw Stt ot Utah. at It cl 970. published In rAipona. t call mad by Comptroller ot me Currency, Cede, Section U! under Title 13, Unltetl Slat ASSETS tush end due tram bank (including i t 050 31 unpotted I 3 0t 1 oe debits . 16.M,JS4 31 (1 S Tree wry securities U Oewemment end corparpaeenciet (ecurttlet ot dttier Eltsastet tione pelltlcel euedlvltlont Cbligetlont ot Stetei uwi.wtj;If Other tecurltin llncluditv MAAOJI corporate etock ... Federal tundt told end eecwrltlae purcheted under agree1,400.000 00 . ment! to retell , . 144.741,712 7 a toent other repend tumltura and fixture, tank pramlt, 4054.170 95 resenting benk premleAt 1JK0.096 37 Keel etttte owned other thdn benk pramltet . 345X3 9f Other atteta (Including WiattdASe direct ieete financing) i .. nith Demtnd ..... 37,307,425 23 V UAIIUTIE3 , pert ner ships, end dtpotitt ot Individuals, r cerporp-tlen- s Time end etvlngt dtpotitt of individuals, partnership. end corporation Depot tt ot United States Government Deposits ot Stem and pilittcal subdivisions Dsposltt at commercial banka , Certified end olf iters' checks, e&. - - . mn 771.4X1 a TOTAL DEPOSIT 73, 172.403 71 (a) Total demand depoelip (b) Total time end aevinue deooclta . $127,141440 97 Federal fundi purchased and securities told under agreements to repurchase Debilities for borrowed money Mortgage IndeMedntst . Other liabilities ... I 77,393,14 17 114 074 434 7 1,657,2045 1473441 34 5.354,15) 12 387 declines. Turnover climbed to 12.20 million shares, the highest in a week, from 8.86 million 24 030.744 65 1,000,000 00 104J54 10 4 03.144 41 shares a day earlier. Topped Previous Recovery 231.500.77141 TOTAL LIABILITIES , RESERVE ON LOAMS AND SECURITIES -Rate vl ter bed debt losses on loan (set up pursuant te S 2,2:1,510 03 IRS rulings) .. - TOTAL RESERVE ON LOANS A tO CAPITAL ACCOUNTS Faulty capital total Common Stock total par value No. eharas tuthorfiad No. aheraa outstanding Surplus . Undivided profit s The gain in the Industrial Average enabled it to top the previous recovery high of 720.43 on June 19. That level, in turn, surpassed the June 3 recovery high of 713.86 that was achieved in the big rebound from the seven-yea- r low of 631,16 on May 26. Broader-base- d indicators, however still have not topped their June recovery levels. The big boards composite index, for example, closed Thursday at 41.44, up 0.57 point It reached 43.01 on June 3 and 42.06 on June 19. Dow-Jone- .. SECURITIES .. li 584.143 41 $,40,864 t 1.W7.722 1,337,722 ?. . 422,354 011 434,4941 TOTAL CAPITAL ACCOUNTS.. TOTAL LIABILITIES, RESERVES, COUNTS aMd CAPITAL , - I -- '"is.. t-- AC- l VK A found BANK tt . .. i Other OS TOTAL ASSETS L Economic Slowdown Easing op conditionTconsoudatin ruort DOMESTIC SUBSIDIARIES, THE 6 ... a1 r market, Dow-Jone- ZIONSv FIRST NATIONAL Dow-Jon- I27240742S .21 memoranda; Average at total depcalta tor the 15 calendar days ending with call date . 12024(1731 Average at total loan tor the IS calendar datta ending with 154,144,113 . cal) date. I, Allan J. Platt, Vice President end Cottiraller ot the above-name- d batik, do hereby declare that this report la truer and correct to the beet ef my knowledge end ballet. ALLAN J PLATT We, the undersigned director, attest tha correctness of tola report of condition end declare that tt bet been examined by us and to the beat i our knowledge end ballet to true and correct. JOSEPH E. BERNOLFO, JR. WILLARD R. SMITH Director GUS P. BACKMAN 0 ' (Copyright) house offices of Utah Employment Security. The Utah agency will lease It y Work Is under wy on this will S. which 1234 at Main, building five-stor- FCC Okays Cableless Employment Office Plans Move By Daniel K. Cunningham Tribune Business Writer TV System y A building under construction at 1234 S. Main will be leased for 20 five-stor- years under a federal program for 0 - NEW YORK (AP) America Corp. said Thursday the Federal Communications Commission has approved the use of a cableless community television system and assigned frequencies for its use. This system, developed by the Chromally and Laser Link Corp., picks up signals at a Chro-mailo- y master antenna, just as cable television does, but transmits the signals by electro magnetic waves instead of by cable. We can bring . . . service to thousands of apartment dwellers by merely beaming multiple channels In a package to rooftops of ths dwellings. CATV system operators would take our signals and distribute them via coaxial cable to apartment outlets, said Ira Kamen, president of Laser Link. for 20 j ears for $5.6 million to ho provided by federal funding program. million. Offices of the Utah State $5.6 Mr. Knight is president Investment Co., which will building and also owns the feet of offices on 6th East 34,000 square now used by employment security. 100,000 Square Employment Security Office will move into the new quarters in the middle of next announced year, Curtis P. Harding, administrator for the state employment security. The move will primarily Involve the h East. The Community offices at Outreach programs in commpiity action centers, the administrative offices at 168 Social Hall Ave. and the farm and labor offices at 235 W. 4th South will remain Where they are, Mr. Harding stated. of Universal own the new Feet Mr. Knight said the new building would contain 100,000 square feet, 80,000 of which will be finished office space. The top floor will remain unfinished until needed for expansion. The state employment office has 484 employes in 355-6t- iactlan. d, Up the Organization Make That Switchboard Area Gleam itot TN la tha SDid In atrlet of oaptfd from UR THE ORGANIZA. toa executive who Corp., too boat known Kfawr Lease lease is 100 percent fundThe ed by the federal government, which finances the nationwide employment security program. About a mile south of the downtown city center, the building was located at 13th South and Main because it Is conveniently close to an off-o- n ramp of said Keith L. Knlfeht, Salt r and developer who assem- - the Salt Lake area, of which an estimated 275 will be transferred to the South Main Street building. Located on a site leased from Malcolm McKinnon of Salt Lake City, thd building will have parking space for 250. cars. Bruce J. McDermott & Associates was the architect; Cannon Construction Co., the contractor, both of Salt Lake City. Permanent financing was placed with Franklin Life Insurance Co. of Spring-fielHI., with interim financing supplied by First Security Bank of Utah, N.A. By Robert Townsend If I ever design a head office, executive row will look like the cubicles of a Trappist monastery, and the area will look like a Turkish harem. Money spent on offices for the management is largely wasted. If they are any good, it will be apparent to anyone after a fey minutes no matter how plain or fancy their Office Is. telephone-switchboa- rd Cn the other hand, how would you like to try doing the telephone operator's job for a day? Remember, youre the companys first contact with the outside world youve got to be alert and bright and helpful and quick. Youve got to know where everybody is all the time. Id spend money to make the switchboard girls comfortable. The best operators in the area would be lined up for the job. from UP THE ORGANIZATION Excerpted bv Robert Townsend, published by Alfred A. Knopf, Inc. Copyright (cl 197B by Robert Townsend. Reprinted by permission ef Alfred A. Knopf. cc::z 10wise thuoush msbzcks favorite motor homes iznims r.:3TG3 LiiAM ancon July i Thurcday-Friday-Saturda- y; Set the luxury features end superb construction dataR In America's finest motor homes. See ell the models side by side on (finckleys big Motor Home Cantor lot. Take your time and browse through these during the big Open House. great homes-on-whe- 8-17- -18 Wo will bo open Thursday and Friday night til Saturday til 5 pm. 9, FREE HOT DOGS &CGKE all during the Open House eatii I The all-tiQueens of the road in both 22 and 27 foot models. Big picture windows, complete kitchen, spacious bolh with shower and the finest interior trim In tho Industry. Others have imitated but nobody has matched the total luxury ef Dodge Traveo Motor Homes. KH0 Beautiful fiberglass ever a exterior framework. This per- weather-pro- of "ring-of-ste-el Dodge-powere- d fectly balanced 25-foApollo sleeps six, and has such unique features as sunken tubshower and gourmet kitchen. ot Let a Classified Ad help raise the money you need for the July 24th and Days of '47 celebration by selling the things around the house you no longeF need. gt AD Reg. $3.60 AD D Reg. $5.40 AD g 2-ll- NI B 3-U- NI CENTS 4 4 4 DAYS ALINE TOR THE A DAY for 4 days NOW for 4 days NOW Get more features for less money than any other Future. motor home in the 21ft. Has gcselectric refrigerator, double sink, range, Dodge-power- $1.92 toilet, shower and much more. And It's priced below $9,0001 Be sure to see the Futuro during our special open house. $2.88 for 4 days g Reg. $7.20 Q AD for 4 days NOW $4.80 Reg. $9.00 AD for 4 days NOW $5.76 $10.30 Reg. AD for 4 days NOW $6.72 Reg. $12.60 NOW $3-8- 4 5-U- NI D C Nine out of every Ten motor homes are made on a Dodge chassis so why not buy your motor homo where. you can get the finest in Dodge Truck Service: Hincldeys Truck Center! 6-U- NI Place Your Classified Sale Ads Now . . I 24th Classified Sola Ads will run any 4 consecutive days from Sunday,Jvly 19 threush Sunday, July 26. Deadline far placing ads is 1 p.m. Wednesday, July 22. - NO REFUNDS FOR EARLY RESULTS LAST CAY TO T fuff, jpto IS eeu 3 1.-C- AOb, ... ADS UP TO KALI YOUR JULY 24th SALK fJJL, WEDNESDAY, JULY 22 I 49vi(f Ifce 7-U- NI 1 Sell your dust collectors everything you're not using. Turn it all into holiday cash. Save 47 during this sale. DIAL 521-35- 35 An will help you word the ad, explain charges and pres t o you ore on your wey to mok ing soma good hard cash. ed-tak- I 7 LINES ONLY AO B 1 ? Jpb, jr.4l Aik. -- 4 JEV- f 4 ed wiBiiQiiEaisari |