| OCR Text |
Show Predicted 1971 Upturn ill Economy Already Appears., Gains Momentum Bv Tliom.is E ! food 'Ibnpv iter - c on nonem- - t ' e V d sumer price index m De (ember . lo had a big nsp New Yoi k Times Wi n year nent n as changed hands The maiket thus cri- mes pioblems, tjeetonom' is g: ming nio- iifeMuni raputly and tne bem n''kef in storks and bonus definitely has passed. The major question at the moment is the rngiee of sirength that will develop n 1he economy during coming n ooths Most analysts ae holding o the ipw that tl e lecoveiv will he moderate, but son e pa'tisulaily those m the government sector feel the power of the incipient U1 tui n is being underestimated. Decisive Turnaround January confirmed the deei-e turn, mound in business aitivity that stated m De- ember fo'lou ng the end of the 10 week General Motors Ji'iui lion s i ike Au omotiv e a net sales, have junpod, steel on uu s,rc ot cuqstiui tion is active; sppidng def ntely has peiked up and various other e1 ments o' the nation's productive sysiem also are on an fixing the cS'Ue' oideis for durable ccs wcie no sizM' tl percent) in December and the governments leading economic mdicatois climbed stiongly 1.4 peicent in the same month. The economy is well New on the wav to the S'1! billion gam in the Gmss National Piodurt that some anaKsts have predicted for the first quattei of 1971. All of last weeks news was not favorable, however. The Short-ter- 'Pis fo-t- now last autumn to balk. percent e ''U t in the volatile last ' lelding sold Tuesday high-grad- e, yields An news development of the ween was the final i epot t for 1970 on United Sntes toreign trade, which set new records in exports (S2 7 billion) and imports $10 billion) Both aie expected to .now further this yeai. However, as the domestic pc roomy accelerates m the year ahead, the outlook is for a rise m import: of raw materials and also m consum-e- i goods irnpu-ta- nt The stock market co"imied upward trend last week, setting several ref Voiiiinr Firm Acquire Plant fsoenal to The Tiibune CJDY, WYO Ir1 7 -Cxv, olds in the process. Trading volume tor the week was a reeord. , te le- in i,' We offar the most complete line of REAR SCREEN CARTRIDGE LOADED PROJECTORS in the area. COMPLETE LEASE AND SALES PROGRAM. . HAFER3 STOCK Codv OvWied wholly Hus! Chi Co compuiv subsiduuv is a of husky Briquetting also owes charcoal bnouets plants in Minnesota. Noith Dt.ko'a, Wisconsin and Canada. Portable Compact Economical Lightweight Convenient Demonstrates Communicates FULLER, CLARK. SFICER, NEW RROCEU AND CHRYSLER TRANSMISSIONS. HAFIR'S REBUILDS TRANSMISSIONS, DIFFERENTIALS OR TRANSFER UNITS. BRING THEM IN OR SHIR THEM IN. WE REBUILD AND SHIP THEM BACK. WE STOCK AT ALL TIMES REBUILT UNITS FOR EXCHANGE, WITH LESS LOST TIME FOR THE A Lease as low as $25 AXLE SHAFTS FOR lyo, Sells Teaches Trains NEW Per Month your film or one of our productions. WE STOCK ALL POPULAR NEW DIFFERENTIALS, CLARK, EATON, CHRYSLER, ROCKWELL STD. AND TIMKEN. 1 MOTION PICTURES euafeets ezg. 563 South 2nd West, S.L.C., The TRUCK PARTS Serving Phone inegraphics Inc. ter 74 Intermountain West - TOOLS Vla Use GI OR CIVILIAN s Coip. Tlie AT ALL TIMES USER. Husky has pui chased the Bnx rr; i plant m St.inuoid, N Y , from Tiniberlund Prod of Rexmeie Division I, FACTURING state -- Fot Movies Move People! 1 e 6 90 pint Ogden in r in out eei in ou'.d sU, e that ('lion !i. e been ei Jn m ua is But the leview bond sud 'he lump sum spnnrat o pa niPiits ate not like w gcs inj d p laid oil w oi rt--i s v' ou'd unen pluvmen hcreuts. nv t h api ed wdl h node' to the Itch Si p pie i n Court teore II ms' i die decision becomes pi cx live tl nient Irene, iis 14 The plant closed ' anu the employes e told they would not be ehg hie tm t'fo.nploy ment honefi's u it'1 investois began Ponds ard , r'-- several a exempt bond issues also pioved unattiaotive to investors because of their lower s'owly, Wo Buy Accounts Receivable "v Co s entitled to Investors Balking With interest rates so much n rt i deficit of $11 6 billion for the coming tseal yem following a deficit of $18 6 billion for tne cut rent year Like the stock maiket tie bond market experienced an mcieciMve week. The decline in mteiest rates that got under wav at the beginning ol November fin. lly came t a halt as investor stepped hack to see if the headlong ruMi toward lower yields had gone too tailor the moment lo - p' ho.iid of ipvipu ot Stale Indusuial Loniai-so- n his ovciiumed , leleiei s oecisio and declaied '1 i2 tomiei en ploves oi me Su i a ARE YOU HAVING 521-698- Tie same tin.e, it was estimated that budget receipts would rise bv $23 4 billion to a total ot $217 6 bnhon, cieatu g CASH FLOW PROBLEMS? Phone billion Tom fm-t- policv FIDELITY 4 At th e d Vi.f It $lb by Under the concept, the Piesident has chaited outlays of a recoid $229 2 billion, which is calculated to be $100 million less than the revenues that would be generated under full employment. The total expenditures are Mated earnings reports onie shaip declires, vChile the wholesale price index foi January showed its bggest rise since September, aJ,noiigli perhaps last adopted July That is the idea that spending may increase to the levels of revenues that the tax system would produce at reasonably full employment (4 percent joblessness) without runaway inflation. Record $229.2 Billion tions gi increase came so e unmistakably, the administra- upgrade. corpo-it- with Dow activity e con-sun'- r got off to a Januuv. econ-orrr- 1 fourth-quarte- in close of the week He laid out a highly expaiis onaiy blue print foi spending and 1 of stait Jones industrial Sick k Aveiaue Slowing a gam of about 29 points for tb month and tiadg voluoe running some 100 million shares a' ead of last January's business, when the Dev index fed moie thin )0 points Behind the markets recent stiong behavior has been th conviction that the economy is on a denude upswing tint m terest rates and ci edit will com.nue to ease and that die admmistration is determined to pump up the economy strongly to reduce unemployment The latter was spelled out quite cleaily m the Piesi-dent- s budget issued at the u lavd i.--- e 1971 YORK The eco0 3 pei cei t nomic and financial scenario The slock maiket, which foi 1971 seems to be unfolding had risen since steadily Ml w ithout nnd November in a spectacuany lar short lerm advance, finalgieat sut pi isos after one ly ran into some pi ofit taking month of tl e that limited its gains for tl e new week But trudm continued Thou' h high heavy and anoiher weelly u n e m p 1 o - ft vo ante reiord was set on the New Yoik Stock Exchange and when some motion shaips KT: to coi Board's De(iion Favors Ousted Swift Employe 530 - EQUIPMENT TOn poll up mnmnnnilw E. 400 So. Information or Demonstration Salt lake City, Utah 84102 363 4403 M: CORPORATION Low Minimum Certificates n, Cash bonus of additional 1 yields 8.2 compounded semi-annual- ly ONE YEAR THRIFT CERTIFICATES in multiples of S500 PLUS ; Gash Bonus 1 $10.00 to $100.00 for each $1000 certificate Purchase Interlake Thrift Certificates for periods of 1 to 10 years and receive in addition to 7 o interest, a lb cash bonus for each year of the selected term. Bonus is given at the time the certificate is issued pi ra tri Q U NAME ADDRtSS D err SOCIAL r SECURITY NUMBER U - SEND ME THRliT CERTIFICATE A PERIOD OF IN THE AMOUNT OF MY CHECK YEARfS) Q ESI EZ3 Q Cl E23 E3I FOR IS ENCLOSf D C3I EZ3I EH3 D C3 1 thats who! Mr. Businsssmaii: Quick, Positive identification Cards At Amazingly Low Cost! an inexpensive .9 ea-s c: employe .aemmcai.on? We have or.e . . and are w....ng to sra--- ct w.4i you. these D.as c sea.ed ID cards leature a full color pnotograDrn and oiher vi'ahnformat.or including c gna'aiey reqa re only rr mules o a: d re c s' .s DNLY SI GO EACH1 For group and cot7' e"' a, l.rT,s rruy We build better communities that offer better investment opportunities -- . e - v for further information, cal! 524-279- 0 iong-ias"r- g When youre dedicated to developing better communities for people who want to live tde good life in a great climate and which offer better investment opportunities you dont hope tor the best you plan for the best. That s why Horizon Corporation put up a community building n a new community before the people even arrived Our community center at Vista del Rio, a totally new planned mobile home community in the rich R.o Grande Valley 30 miles south of Albuquerque. cost 00 COO to build This new center won t be empty long Soon there II be steaks broiling, music vibrating, and people enjoying the good Southwestern life, it is what has happened in other Horizon commur.ties. It is what we expect to happen at Vista del Rio. of better commuritics is what land investors Creative to have come expect of Horizon. It is what makes Horizon land a better 1 master-plannin- g investment and Horizon communities better places to live, work, play and retire. Four thousand people wno live in them and 75,000 land investors around the world agree on the desirability of horizon land. growth land in Horizon communities may be purchased at reasonable terms. Profit-potenti- al When youre looking into land investment look to Horizon 1 or Ante HORIZON For further information and free literature call (801) CORPORATION, 315 East Second South Suite 308 Sait Lake City Utah 84111 322-342- 4 N L J tl CGiupoai COMMUNITY DFVELOPERS mo f t ASSETS OKI! 5100 0 oN f A WORTH APt OVER J M'lLlOH .. anil ttil irint trig' |
