| OCR Text |
Show 2F The Salt Late Tribune, Sunday. January SI, Portrait: 1371 Utah Contractors Urge Price Action Temporary Pay Lids Ernest Aguttcr Heads 3 Firms Uneven On Copper I'm not one of these felle vs who s'ts in a plu-- h office letting other people do nn work, admits Einest Agutter. The 68 year-ol- d president of Industrial Supply, Inc., still pulls orders from the stcn krooni like I did 40 years NEW YORK (AP) Copper prices had an uneven week as certain wholesale prices were cut for the third time in less than eight weeks. tags copper Berj Ilium moved up in cost, but copper watertube prices were re- ago He has two desks. One in in a modistly furnished private office. The other, where he usually sits, is out in the cential area where several dozen sales and clerical staff :1 "V jP members woik. His second desk is closer ct my secretary and the he explains. Besides anything I can do mystockroom, self I expect others to do also Mr. Agutter, who was born in Olney, England, migrated to Sait Lake City with his family when he was 2 years old. His father died 10 years later and Ernest quit seven h Sugar Co. as an ofgrade and w ent to work for fice boy for $14 a month. Utah-Idah- duced. Wholesale list prices for copper water tube and related items were cut by 5 percent from levels posted early in January, according to the American Metal Market, daily newspaper of the metal industry. Hike Base Price o Grocery Store Delivery Boy For years later he moved to Carbon County, where he woiked as a grocery store delivery boy. In 1921 he returned to Salt Lake City to work for Mountain States Rubber Co., one of thiee firms founded by the late Rudy Orlob, the others being Industrial Supply ard Metal Supply. He delivered items and maintained the stockroom as the fifth employe of the hrm. Mr. Orlob was always after m? to go out selling, recalls Mr. Agutter, who kept resisting any efforts to make him a salesman. Then after 10 years he forced me to go out selling. One day he gave me a pr:e book and told me to go to work. He said he expected me to bring in $10,000 worth of business the fn st year. Mr. Agutter missed his quota by $9,000. So 1 got hold of myself and aked if I was going to be a salesman or a s X . 0 v His sales career improved thereafter and he has closed single transactions for as much as $200,000. Sales Philosoply : Deal Directly thre half-centur- Medical Development Corp. has reported net income of $1)6,586 on sales of $341 904 for the three months ended Dec. 31. This was the first period it showed net income since its beginning a' year ago, saiu I.eGrand K. Holbrook, presi dent of the Salt Lake based company. OGDEN (API uith Following h mary ot th Ooden Livestock Market tor the week ending Friday. Cattle calves Estimated salable at ?5 auction thia week 430, Inducing calves compared to 550 last week and 710 last year Slaughter cows end bulls steedy ; oood end choice feeder steers mostly 50 hiQher, others strong individual 5 auehter ctases qood 870-- 1 175 tb steers choice and tew standard and good 25 j0 29 10 4 025-- 1 40 5 Ut 300 lb Holstems ;3 10, tew and commercial cows 19 voura hiah dressing individuals uo to esnrer 23 75; cutter cows 18 20 20 X U 4018 60 Utility buls 24 60 27 40 Feeder steers Few individual choice 5 few cbcit 258 TjO lb calves J) 75-lb 31 25 36 60, cho ce 550 650 lb 30 75, Choice 660-- 000 I b A DVSRTISKMf NT On 650 Stocks For Only $1 in visa af IK, stirket's newt iction, sdvicss so vjulit you lik, cur bu, r 650 Iwrinn stocks? it so. fill hi tk, coupon Min. stuck toil moil today mcMvt cm witinod ptvices t till saint tint, you Hill n--c 0 ompily, 30 hy trial subscripts to Do v, l To, axi: , Tnnry Foracastj SI Vain, tl He, Wat tukwriftiM latu IPis 30 day subscription it t $5 vain at ask i c.jlaf subscription ratal but all ynu in not Model Stock Portfolio (3) Our Master list 4 Our RecommenRecommended Stocks, dations for Growth at well as Income (5) Business Outlook, and other investment aids. I Stacks T Split Befart April 1 w4 8 or Buy Alvice fta 22 Veiatila Usaat Final f, it you take advantage gf offer we will send you 2 Lsts previously Supplied our regular subscribers (1) our list contairnf 3 companies that have publicly announced that they plan stock split, if gcet-sar- y subject to stockholder approval more than one share by exchanging of new stock for one of the old before advice Apnl 1, arri (2) our buy on "22 Volatile Issues" such as KIM PolarXerox oid Teras Instruments, Fairchild, Fll out and Boise Cascade 2pmth, TTRA return the coupon today No salesman wiU call subscriberi on'y.) ttn YOU GET ALL THIS Witt your tna subscription, ever tt next 4 wk$ yoo wi receive as part gf the Stock Service torer(4Sts a (1) thgest e cortenui af whet 25 of r well known went Advisers are rtconmNMinr (2) TODAY MAIl CBtfPi DOW THEORY FORECASTS, INC. Dapt. SIT 31 F.O. Bon 1309, Chlcaga, lllinei, 60630 MAd w J5E Isaacs n4 tecsnintsSstiiai unirptiy ypw spveit to Oo Theory Fore-as- ttor the subscription week! I widerstand thu at regular subscnpuoa rate, but I endow $1 m full nmnt wmch will o, re'undN it I m not tatnf eh I aso unierstand I am to receive at part ot thu offer voof lit lifift tiril 1 and your buy s '010 on "22 Volatile ;Issum. Ibis 11 tdnr, trial in ot'ir obligation. (Cannot be assigned without my consent.) only ,ntr, my trial J5 velus t nt . ' t NAME.- .-. 0DRESJ.. r city....... STATE... ZIP., 00; good good calves 29 lb 26 00, Standard and 0 ib lb Holstein 27 25 30 20, lb Holstems 27 25, 000 600-- 1 good 14 50. 7 choice Individual Feeder heifers 3 75 325 500 28 choice lb calves 500 775 lb 26 25 29 10, qovd 500 800 lb 24 CO 50 few good calvy Mock, cows 00 per head 20 Hogs Estimated salable this week 35 compared to 40 last week and 120 last J year. week aga No comparable test Tradmq act ve tb Barrows and gilts. U S 3 2 17 . 160, few U S grades 60 lb 13 Sows scarce Estimated salable this week Sheep to 85 last week and H5 460, compared lost year Slaughter and feeder lambs steady to 50 higher than last test two weeks ago Slaughter lambs choice few prime, Ib wooieu 20 00 22 20 Choice fpw Feeder lambs fancy, 75 105 Ib 18 50 Few choice ewe rec acement for lambs purposes 21 25-- 75 Idaho, Utah, Eastern Nevada feedlof and range sales for the week ending Friday Slaughter steers and heifers fairly ac50 hrqher, tive steady to mostly 00 up on steer instances Trade slowed b er midweek Allowing several consecutive days of lower and wholemet prices at M awest sale dressed points. At week's close Midwest points had turned abound and wholesale dres ed prices wee uo shsrpiv Filers remain very current and good Inquiry continues from boh local and outside areas Feeder cattle stronq, sluohrer lambs steady to 25 t igher, instances 75 and uo Mud continues to be a factor t many tedlots with caMle being adiusted accord ngiv. 4 400 Confirmed Saughter steers 300 Utah Choice 4,100 (idano 1 000-- 1 Ib 2 4, 200 yield grades three loods clcseiy sorted near 1 025 Ib 31 50 choice 1 200-- 250 Ib 29 several loads mixed good 00, 1,060-- 1 400 Ib choice and mostly 0 29 50, good 1 0 Ib Hclste ns 27 00 Contracts 1 050-100 lb Febr ary thcieo delivery 30 00 sold last week not reported 906 Confirmed heifers Slaughter (Idaho 750 Utai 10) Choice 875 1 000 Ib yield grades 2 4, 28 50 2? 50, several few loads loads 30 00 western Idaho mixed good and mostly choice 50 930 Ib 28 9 00 550 all cows Confirmed Slaughter Idaho Utility and commercial gram ted several loads 20 19 00 nd cutter canrwr mixed 50; Feeder cattle Confirmed 1,760 (Idaho 290-4-u ID CMice 150). 7 36 heifers 32 4 00; 00, choice 500 750 Ib steer 32 6 00, standard and good 750-- a 000 lb Holstein load choice 500 ib yearling 26 heifers 3) 50, load choice 850 ib fleshy heifers in &ood Slaughter flesh 27 85, de- Utah 110, steer livered feediot. Sheep Confirmed 12,600 (Idaho 3 600, Utah 9,000). Choice, few prime, 106 114 Ib wooled 'laughter iambs ft 2 25, four loads early m week 23 00, several fb feeder 0 lambs loads choice All 1 20 00 slaughter lambs sold double the dressed weight, 20 off per pound for weights over 110 ib. Feeder 4 percent shrink. ail Wool; Confirmed 5 800 fleeces Idaho. Slaughter cattle FOB. feediots, k percent shrink, immediate to delivery unless otherwise stated, feeddelivers shrink immediate percent ery, sheep sold as stated, immediate Mjii or Mofals f,V: 4,400 sheep Confirmed last year. 4 900 500 550 1,175 ! 3,600 Sunday state 2 SAUNA Market News, producers 175 1 compared salable at auction, to 975 last week and 6o5 last year Trading active with capacity attendance Both slaughter and feeder classes in good demand Feeder steers s eody with caives cna to W higher Feeder heifers and calves strong to 1 25 higher Slaughter cows and bulls steady to 50 lower Siauh r steers ana heifers 75 to 1 00 hioher include Receipts acout 65 percent feeder cattle and re- riurince MUTUAL TRUST Life Insurance Comtuny Old Sales Co.. Inc. Jack B. Parson Sr. Heads Contractors Gold, Gibbons & Reed Co.; Simon Christiansen, Christiansen Brothers; Robert Arnold, Arnold Machinery Co.; and Dan Morgan, Building Systems, Inc. All are from Salt Lake City. Also elected were Norman Clyde, W. W. Clyde & Co., Springville; and Biggesf Ford parts depot in the west of orders over 90 filled over the coun- ter. Biggest, finest and equipped repair service shop in th West, including 400 H.P. dyno. No truck too large or too resmall. Major building to simple service. n, Blackburn Gower, Cedar City. Carryover directors are R. C. Jones, Jack C. Alder and Gerald Cannon, all of whom operate construction firms in Salt Lake City. Horace J. Gunn was retained as executive manager of the group. In calling for wage controls, the chapter cited continuing inflation, much of which stems from negotiated wage increases which far exceed the rise in productivity. Another resolution approved by the chapter called for payment of interest on Delayed final payments of public construction contracts- The con and service All makes. or Gas diesel. to keep you on the go! Authorized Ford, Cummins, Caterpillar, Detroit Diesel dealer. fa y to bay Easy fa finance 13th South Freeway Exit At 3rd West 521-385- - m MONTH 1971 0LDS7.03SLE CUTLASS Fully Equipped including Air Hardtop Coups Conditioning. INTERMOUNTAIN LEASE CO A Division of KIN GARFF 0LDSM0BILE 501 Sc. Stat Ph. 521-811- 1 S- - sdf X 6? "'a'1. 4.1 V - u NLn n' , ' Vi .,! i 9 .v V Ib, cnoice 500 550 Ib 33 0038 90. ib 31 7 35, choice 7 SC 900 Ib 28 10 32 00 qood 400 550 lb 29 25, good 550 750 ib 27 00 34 60 550750 85 Holstems 400 550 Ib 78 25-39 40 00 43 choice Ib 0 26 10 Feeder 34 75 38, 8 30 750-- 1 heifers choice 500 700 cbore 500 Ib 28 2S 00 29 00 ro 000 Ib Choce 24 7 230 400 Ib 00, 28 10 31 30 lb AI?JI03iAE3 25 Ib 60 qood 00700 Ib good cows Cutter and utility, Slauohter steer and heifers, 10 steer 05; and choice Feeder 16 8 21 75 good 28 4030 60, standard add good, 70 460 lb Holetn steers 25'f-2IIO heifers 15 gh onod end ch-ichoice lb 76 90 ,7 70 High good An 70 ther hufers 850-- 1 000 ib 76 clashes uFMty and commer-- C slighter 91 1 70 al cow Fw standard erws to 24 00 earner end cutter enws cm hi Ms 16 gtihtv and commer 73 00 25 40 cutter hulls M xd qood end choice tslvy enws, 0 00 One lot calvy heifers rtA-- l if Tj '2 j ,6 ri TU. ll- 71 Seven years ago, our forefalhers broughl forth upon 4th South and Stale Street a new bank, conceived in ingenuity and dedicated to the proposition that our customers get daily interest, compounded daily. 255 00 SM'THFiELD Top dairy cow $47$. Good to choice dairy cows and heifers 350 smaller common dairy 00, cows 250 0C 5 00, hlqh yielding 20 60, a hundrecweioht utilicows 19 7 60, ty and commercial earner ard cutter cows 15 9 25, bulls 23 50 27 75 Hereford stock steer 50? Hereford stock heft calves 34 50, Holstein steers 300 to calves 78 in 25 no-- 75 Holstein steer 50 to choice ted steers 910 lb 73 50 28 25, Jp 46r Line Investment Other resolutions endorsed and recruitment training programs for placing members of minority groups in the construction industry. mainder slaughter catne Choice Feeder steers X .a Now we are engagd in a great Birthday Celebration, and wed like everyone (American customers and foreigners ) to celebrate with vs. GJlSlKjS ft To secure these ends, everyone who comes into American National Bank during February will receive FREE and may register tc win a great American car an authenthat reaches tically detailed, gas powered mini Model-to FREE 15 25 of $7 savings accounts. up m.p.h.orcne Anyont opening a new savings or checking account will receir an extra entry blank. 7-- T Although we're celebrating all month, don't miss our glorious .wsuMrift NORMR. SLAYMAKEK n life airport-expansio- 1.2' M rf Contractors also urged the Aeronautics Division o. the State of Utah to use the contract method in its n ptogram to assure the best qualify construction at the lowest possible price." Salma Auction, 4 i ng ti Firday Cattle and calves K no & Contract Method add (ivestokc Federal State Livestock Hoiste n heifers sno to 930 5 75, hoqs iambs qood, active, large sale. SALINA Hogs saleable 252 head; 5 cents h qhef With butcher hogs and 710 to 234 lb barrows US Ib 730 to 250 16 70, quilts 5 15 50 16 00 260 to 300 Ib 15 75, sows 9 4 00 120 to 170 Ib feeders. 00 6 14 10, sows 45 Slaughter Sheep saleable 4 9 head lambs stronq L'qhtwe ght slaughter lambs In qoH demand Choice 90 to 100 CC ib feeoe- - iambs Ib S200-2- . Si to lambs sold 20 50 21 40 I ghtwe ght ew up to 25 25, aqed ewes heavy With lamb $13 50 a head Man of the k ear for plat mg 44 5 million of life insurance m force during the cear (42 5 million was sold m the mouth ot November' Norm is a men.U r ot the Million Dullai Pom d Table, an assm late ,nd a member of the Nat ma Assoc latmn of Life lndcrr'ters and Salt Like Association off lfe Inderwntc rs lie is also qualified for tlie National yualits Award He is President of Scotts Management Conoration, and a pilot will) the I tah ir Naiiiii,il Guard woJd pay the proposcut profits needed for bidding on public works, they stated. Gov emment is ignoring state laws on bidding for construction woric and often undertaking projects itself which should be let out for bid, the contractors said. The chapter authorized its officers to take any action necessary to guarantee that constructon woik follows state guidelines. prices-Capp- cents a pound. Ofttv cams, nominal, Ntw YerK. 13'Y cents Lead pound. New York 13 30 cents, St. Louis Zinc - 15 cents pound 30 rents a pound, wnat-loyAluminum Inoots, dsliered 91 cents a pound bulk, Antimony 00 5 percent, cerlots, producer s pient. MW 37 cants a pound. Ingot 60-4-3 cents ton ore Manganese unit ot percent. Nickel pound, electrolytic tl 33 catnodes, Port Colbornp, Ont 5 on ounce Platinum St 404 an ounce. New York! Silver 15) 4 .tnce, London Tin 51 62 pound, New York 5353 a flask (74 Quicksilver York New pounds). 540 short too unit, Tungsten ore duty extra. ared, foreign fed heifers choice he ste n heifers 300 to 500 elf ted 4 4&M 2 50 ?fi 74 74 00 6 25 ?5 Ib 30 25 Ib 25 15 00 Market N R. Sl(fTTi..kf'T w ay 4 tracting authority the interest, under al. Slow payments and reduce capital r. Charle-Blackbur- f. SOW Confirmed last week 2,300 slaughter steers, 1,31 slaughter heifers, 150 slaughter i as, 1,560 feeder cattle and H j; Temporary wage controls were reques'ed Saturday by the Associated General Contractors, Utah Chapter, during concluding sessons of the annual convention at Hotel Utah. Chapter members agreed to urge President Nixon to impose the controls and then help formulate altered bargaining structures to equalize what they called the unbalance between construction labor and ma.iagement at Jie bargaining table. Other convention activities involved an installation banquet for new officers, including Jack B. Parson Sr., Smithfield, who became chapter president. Othe.' Cficerg Other new officers lr elude vice president T. G. 'Bud Mahas, Skyline Construction Co., vice president; and Robert Gramoll, Gramoll Construction Co., secretary-treasureBoth are Salt Lake City residents. Named directors were Noel uw 1 delivery 1 MUTUAL TRUST MAN OF THE YEAR copper is used mainly for electronic applicawhere tions in computers spring tension and corrosion resistance is required. In other metal price developments, the price structure of lead and zinc continued soft Producers of both meals said demand was sluggish. Zinc producers reported that ah anticipated buildup of stocks by automotive firms and their suppliers as a hedge against a possible sieel strike on Aug. 1, 1970, had not Beryllium "i, n rLn-r- Advices Buy-Sell-Ho- ld if Special Uses Intermountam Livestock Market Company Lists Income, Sales SI wbieo will be refunded Completely satisfied Orlob-founde- d companies. Mr. Agutter works from 7 a m. to 7:30 p.m., six, sometimes seven days a week. He says he has missed only one days work due to illness in a He doesnt have much time for other pursuits, but he and used to golf extensively enjoys hunting and fishing before he became president of the companies. If I didnt have anything else to do, 1 would spend all my time fishing and hunting. He is married to the former Rita Saunders of Salt Lake City. , Rita used to be a cashier at one of the theaters my friends and I would attend. One day a friend said, I bet youre afraid to ask her for a date. So to prove I wasnt I took her across the street and bought her an ice cieam soda. And then it went on and on. the war. Two decades ago he was appointed president of the Get Our nt Ernest Agutter claims going ont to sell was finest thing ever to happen to him. quickly overcoming shyness. Going out and selling was one of the finest things that ever happened to me. I've really enjoyed it, and I have friends all over the wwld, even in Iran, Chile and Mexico During World War II, Mr. Agutter was reassigned to inside operations to help in the heavy workload caused by in : 'va His sales philosc hy is always to deal directly with and no the person w ho orders equipment for a company one else. I don't take up anyones time so as to cost their company money. So he was always right in and right out. with no time wasted. One day I was prowling around a hill at Ke: necott Copper Corp. when I was told to retail t to the superintendent. He told me he'd seen me up on the hill a number of times without my stopping to offer the courtesy of a visit. but not to He told me I was welcome there any time come unless I would stop off to see him. said a Mr. Agutter who was This was encouraging, n r Industry sources said the reduction was made in view of current market conditions and reported discounting practices. Base prices of beryllium copper products were increased by 12 cents a pound, or about 3 percent. At the same time adjustments also were made on extras for gauge size and quality. Beryllium copper product prices were only recently reduced in tyo three-cesteps because of weakness in copper. However, Kawecki Beryl-c- o Industries, which initiated the increase, recently negotiated a three-yea- r labor pact calling for $1.19 an hour increase ov- -r three years. Observers said the price rise on its products was understood to reflect the cost of the first-yea- r wage hike and other manufacturing cost increases. !r--J bum." -- wouf Metals Week A 4 l Party, Monday, February 8, and find cut why banking at American National is a piece of cake. Governor Calvin L Rampton will be there to cut the cake at 10.30 A M. and we'll be happy to give you a slice until 6 P.M. Were anxious to serve you. It's the American way. F y V ? 4-tnUcm, NATIONAL BANK 4th South & State Salt Lake City, Utah 7095 South State Midvale, Utah Being without American National Bank is almost like being without a Country. N. R. Slaymaker & Associates Boiineei, Financial Plans, Stocks, Mutual Funds, To Sheltered Investments ( j |
