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Show '.sjJhJ F "- 1 j ; v - nsm fc 1 1 , vir '., ii 1 i Ltk $ i z ., I - k ,1 I c U!fHl I . t r t settles over the valley, lights bathe the St. George Mormon Temple. To the east, k Trend To Freer GEORGE If the Great Salt Lake Valley bloomed like a rose, St George in Utahs Dixie is coming out like a smelling rose. ST By John M Lee New York Times Writer EW V ORK The curtain has fallen on th$ postwar era of liberal initiatives m f f trade and capital movements fins does not mean that the next scene is going to be Armageddon. It does mean, that the stage setting has- changed, - have been lowered and the orchestra is playing a more tentative tune. .Theres a little chill in the air. and we must pay attention to whats happen-- ing! ft; the outset we must recognize that Christ of theiiasic problem in international economic affairs has always been one of reciUK'iling our foreign interests, which tencfto be expansive, with our domestic interests, which are inherently protective Smutr World War II, the agreed objective The In Latter-da- y Many Visitors With country club and golf course now m place, with homes and condominiums or constructed under construction. cording to the company The impact on St George? Where there vveie three real estate brokers involved m occasional sales in St. George live years ago, there are now 10. says Allan Carter, part owner of Southern Utah Title Co. "And all are busy 25 Millionaires Bloomington is beginning to look like the first ai tisl s conceptual renderings Bloom ngton's residential or rental population numbers about 590, according to Terracor. There arc now about 100 homes and 100 condominium units The overall investment m land, golf course and structure is estimated at $10 5 million. a given weekend. On Now under development to the east is a new area. Bloomington Hills" With lots ranging in price from about $6,000 to $10,000, it already is a quarter sold, ac- ' Strategically located on an interstate highway route linking Salt Lake City and southern California, it has turned disad-antage into advantage. If it is hot m summer, it is mild m winter The sun that broiled the pioneers caresses the bare legs and arms of the February golfers. Always Growth v eek finance . Desperately hot summer and windraked by blown sand, it was not an enchanting for the place assigned pioneers to colonize it by au-thonties of the Church of Jesus Saints in the 1860s m the lights ; is far broader, says Terracor The investors, early iet:rees. buyers now Ihose contemplating retirement originate from all over the United States Some of the Bloomington residents, it is said, actually commute by air to major cities One, a physician, practices m Los principal business Angeles Another's activities are in London By Robert H W oody Tribune Business Editor Tirade Ends W Sales Rocket For U.S. Smelling Like a Rose George Blooms . andj indeed the trend have been toward Iren! trade between nations and freer movements ot capital around the world. kis has been the thrust of all the consultations, negotiations and agreements under the General Agreement on Taritfs and- Trade, the International Monetary Fuifd and the Organization for Economic Cooperation and Development The result has tyeen unprecedented worldwide prosperity ' Domestic Problems - Of course theie have been domestic problems The American automobile industry for example, has made strong inroads in the European small-ca- r market to the mven.se discomfort of Volkswagen, Fiat. Renault and West Germany and Japan, m turn, have upset Detroit with their small cars here. Austin-Morri- file outflow of American dollars for tmei'gn investment and the rise of the mulimational companies operating fairly freely across borders have encouraged of a marvelously efficient inteqiational capital market. This market is bjteed on eurodollars, or United States dolifets on deposit outside this country For all the benefits, eurodollars also have distorted national interest rates and facilitated speculative attacks on national currency values Tolerable Till Now However, all these problems have seemed manageable or at least tolerable until now huge American trade deficit, a loss of jobs and painful blows to industries as diverge as steel and shoes have soured ( olumn 5 See Page V B-- the St. George area. To the east, where Interstate 15, will shortly bypass the city as it cuts southwesterly toward Las Vegas, a string of new motels and service stations form a necklace of beckLas Vegas Strip oning signs and lights Just this week, St. Georges impendmore important ing power shortage than water at this stage of the game appeared to have new solution. Plant Eye Small Cars Bv Ernest Holscndolph New York Times Writer NEW YORK In the short time since their introduction m 1970, Detroit's Vega. ; Pinto and Gremlin have helped to double subcthe domestic sales of automobiles and to slow the ompact-size flow of foreign imports into the United States. low-co- Most auto makers agree that the de- valuation of the dollar 14 months ago was the key factor in the market turnabout but there is less certain!., about the likely effect of the latest devaluation. Detroit is optimistic that the domestic auto industry wlli benefit in the long run. but the dividend from devaluation is not likely to show up until June or July. r mostly because it will take that long to exhaust present inventories of imported cars Starting at zero in 1969, Detroit's sub- This, according to Mayor Marion came on in just two full years compacts was disclosure Nevada that the Bowler, of production to take about 45 percent of Power Co is seriously considering a site the subcompact market. 14 miles east of St George for a $150 And m the process, the Ford Motor 500 million. megawatt power Pinto the top seller m the subCo's power plant. ov ertook the formidaThe citys utility commission would compact market ble Volkswagen Beetle. Pinto sold 456.000 participate in one fourth the finance of the project m return for a guarantee for cars last year, compared with Volkswaone fourth the power potential of the gen's sale of 358,401 cars in the same VW s That fourth is field. For purposes of comparison. plant when needed vans and entries squarebacks, larger expected to meet St Georges power were not counted needs for at least 30 years In recent years sales of V'W's smaller The the would involve project cars the Beetle, Super Beetle and upstream diversion of about 30,000 acre Karmann Ghia showed declines while feet a year of water from the Virgin the of the sales other large selling River That water would be impounded imported cars were rising. m a reservoir to be constructed at War- 4 There is no question that the prune force behind this accelerated growth was the Bloomington development of Terra-co- r Inc., Salt Lake City based development company Highest Price When Terracors originators bought the Sturznegger farm south of St outraGeorge, everyone thought an geous price (estimated at between $500 and $750 an acre) had been paid, for it was the highest that had ever been paid for local farm acreage, recalls Mr ner Valley. J i,' t . Chamber secretary Elmer remembers with some regret that the first Bloomington lots were offered for $800 each Prices now range between $6,000 and $15,000 depending upon location He hadn't bought any Terracors first appeal was aimed at principally in the expatriate Mormons southern California area A chance to return to Zion Not that original cold, winter-cold- , snowy Zion at the mouth of Emigration Canyon, but a climatological-lpleasant Zion, not too far removed from Las Vegas and the Los Angeles basin yet close to the spiritual heartland and the response The appeal now y Bloomington salesman, Herbert Pitchforth discusses condomini- - No Air Fare Hikes For Security Cots - WASHINGTON The Civil Aer(AP) onautics Board has dismissed petitions of the scheduled airlines for a fare increase to cover costs of newly ordered airport security measures urn with prospective erage unit price is $35,000. REBUILT LENGTHENED BALANCED m IN THE J. C. PENNEY BUILDING DOWNTOWN SAIT LUXE 20,000 SQUARE FEET has already said it will increase 7 2 percent, but prices an average of VW Fiat, Toyota and Datsun disclosed their new prices have not yet ? - FLOWS ELEVATOR h I! i gf 3; MOST BUSINESSES AMPLE Toyota said it had a supply cars in inventory Fiat, which sold more than 58,000 cars last year, has 12,000 on hand of Sentry Thrift Corp. in Salt Lake City, Utah has raised their interesf rates on passbook savings and special certificates. !! Main and Broadway w the d HEART The immediate short-tereffect of the dollar devaluation, which makes imported cars more expensive, will probably be to raise sales or imports as buyers go after the present inventories, which will be sold at predevaluation prices HAVE YOU HEARD? CHOICE GFFICE SPACE SPACE TO ACCOMMODATE BQIVGiraS j Av- buyer. The anticipated beneficial use of Virgin water is something that would give St George residents a certain delicious woesense of revenge. For the Virgin fully misnamed (because a cartographer incorrectly switched the names with the Sevier River, a relatively placid stream, has been a according to local lore) harlot downright old St George Temple of The the LDS church yet looms Chartres-lik- e over the town, a powerful symbol of the town's founding purpose The beckoning lights of the motels and service stations to the east, proclaim a new purpose HOW AVAILABLE mi. 14th SERVICE AIR CONDITIONED PHONE: GRANT MASEY 5244643 Of 364-279- 3 SMEDLEY FRUIT COMPANY has entered into a Lease Agreement with Full-Servi- ce RYDER TRUCK RENTAL c-- r co onsvELinss 90 VI. ; 1973 MODELS 'Any make ca model ICXDER NOW! 4C3-07C- 21st Were proud to have Smediey Fruit as our NEW AND USED newest customer & look forward to their trucks for them. TRUCKS CALI BOB SVITAK (i WfVrr ON SOKI 7J LABORATORIES, INC. IASrtO,IHC. 3469 So. Jtete S l.C. j - Jf, j 25 Kensincton Ave., 7 or 467-S0- 1 466-214- A!7GQrO nYCTI 1553 Ssufh 2nd West Salt Lake City, Utah 84113 Phone S3 1 4 Serving the Intermountain West TOOLS EaU!F.V.SNT TRUCK PASTS -- STAERO cc n r:ckar:s A NAME 466-755- - Please Send Complete Details on 1 - .... ADDRESS ETC- OSCILLOSCOPES, MEDICAL ELECTRONICS ANALYTICAL CHEMSTRY MECHANICAL SERVICE CONTRACTS till M41VTENANCI AVAIL. (enclosed) SPECIAL CERTIFICATES SAVINGS SLC 1 37-64- TTUSK nZTJTAL N3. I 830 WEST 2200 SOUTH SALT LAKE CITY UTAH 84119 ..ZIP.. ..STATE r CITY Mcny 73 Mercury, Contis., for & Atark IV, reody imnediott delivery now! 4 IXTSU0 PH. REPAIR C PASSBOOK AND CALIBRATION 262-923- 7 a, g Please deposit $ RYDER RENTS (AND LEASES) OR t mainta-in- PARTS SO. 3 INSTRUCT -- , , coal-fire- The town has gained about 2,000 new residents to an estimated total of more than 10,000 since the 1970 census, says A. L. Elmer, executive secretary of the St George Chamber of Commerce Snow Mr Caiter estimates that there are now most about 25 millionaires who either reside or own in imports Coal-Fire- There was always growth in the town even during the Depression, says J C Snow, former mayor and grocervman and now president of Dixie State Bank. But it was nothing like what has taken place in the past five years. . halfway between Salt Lake City and Los Angeles. It was colonized by the Mormons in the 1860s. Principal thrust has come from the Bloomington residential and recreation development. St. George lies Up and Down the Street Ljong tx I lighted signs of new motels and service stations indicate accelerated new growth in the community. , 4 rmiDT cc:: 1 31 J) So. Sr..? Si.. r. i. r lileChT.lt ZVol , |