Show s THE SALT LAKE TRIBUNE Sunday Noventhe 12 1950 Jkd0 - fill 110014pw II ILi 14101 G4rv1 1' av toA (Mira pLeo "IA it11 IV" CO "Mite et !Main e a rd tof orv tl'o oro-- o top of If treamr! man Pet 60A a First Security Corp Plans Flans for a POI t- - cies president announced Satur Se of the stock of First cunty tp day Corp Orden w1l be placed before uvn tnen rnailm tn stockholders soon George S Ec 'stockholders Inviting them to a! "v ial m eeting Der 20 st 2 p m t four-for-o- -"- 7c-7'77"-""'" at f ' 1:' Watfr ?' t ' f t - toe 1- - r----3 v- : --: e1 j i l o s ' ' 4s Ai' ncontemplated Mr Fortes that one riasa of atock will he' issued in exchange for th0 cloma "A" and class B stock now out- - - I: r 1 'N t k- f I - I - Are 111 sz-- t snit ST secretary corporation will be in the party R W Thomas of Kay Ariz gen- eral manager of Kennecott's Ray division W H Goodrich of Santa Rita N M general manager of the Chino division and J C Kin- near Jr of McGill Nev general of the Nevada division also will be here accordfrg to - manager titagua Trviia— Min- - :ager of Kennecotts western While here the party will make !ing divisions will be host to the an extensive tour of the Utah group Copper division mine at Bingham Visitors' Schedule Ithe Arthur and Magna mills and Schedule for the visitors !will in- - the new refinery at Garfield !chide a noon luncheon in Hotel 11:tati Monday with some 3'25 area llart 114ders attending s' to"! Ilt Bingham open pit mine a visit' to the Magna mill a tour of the generating plant and dedication i of the refinery Wednesday by R Cox Kennecott presi- i ir for Cars th-i- - ' - Sullivan- i ' £ Af ' tl 7 tr 14 full voting righte At present class A " Is racati: voting atóck while "B" is 4! All outstonding class ''''-'5- " The president of Kennecott Cop- per Corp a number of other high officers and 12 of the 14 direc tors are Betiedlill'd to arrive in Salt Lake City Sunday for a four- ' dR y yIRI t during which the firm's new sisnoo000 electrolytic refill- erY at Garfield will be dedicated: p0441xstsR ' '' S uee:Y itarmary ' ' ! wa raid i 4e 1- :1?!4 I I ! - vt i ba four-for-on- e f '41- - - company offices ( gden- Vote ea Amendment it-Ilk- '' " - :: N : 41s At that time they will vote on a proposed amendment to the ter- -err art - Ca ikil lilt irRa- !tr ig the number of shares arid re- during the par value preparatory to a stock split Stockholders of record Nov 10 ' r !r":'"--- I TrItotael 1 I sp-e- im Kitv411 mit L Kennecott Officials Due For S L Visit Today Stock Split Vole rd wriL teet a ett ere 3 "14 re'tat Ito reaiert find r" Int" tele' a lot the 8elav 14" ore cecut et Orli' ng novel& Or' REFINERY bEDICkTION M‘W 4-fo- LATE? OIL Tully am Sur nay Ionic Building Activities in Growing West Construction dirt 1"" d' ) ‘ S WIlltIS 111 n Eine Balance dent Directors who will make the trip are Charles D Dickey New York l '4' 4 r yr t t I 4 A 4i7L : BY 'David J wirkla vice president of S P Morgan and e e e - ' r - tt I 71 A tittiortzibd Sharps t ' t ) Itt I I ' -- ' r- 4 Co 1 senior part-DETROIT Henry the 1 An a A t ner of the law firm of Drinker 44- - 1 A S t' !''" 1 The 1949 report of the corpora- ' -' ' s c: 'd W W g LI car of that hoary upsurge buying cr - t i tion shows that on Dee '31 1049 Biddle 010 Peath Philadelphia: E i 1 ' akocb ccit-A Giiggenheim 'i 1 member of Ken- - developed with the outbreak of i there were :400000 shares of elass :ir''":i4 executive committee New war in Korea? Also the weeks of "A" Inecotts of which 227176 r'wori will start Immediately on this $300004i district office and authorized and Rubber Co The new buiMing will be one story of architectural V- - A 111"41 York J C Kinnear vire 11411"" sh ares w ere outstanding end 40-- 1 it took to get delivery of a the W I concrete was for architect Winburn Slack brick and Tire to be ave constructed for at project warehouse Goodyear Fayette ''s'es aPPilanco d'a1"11 dent of Kennecott New York and 00 shares of claas ''V authorized1 l of whirh 20000 shares were out- Arthur W Page !McGill Nev The situation could develop S300000 FACILITIES York businesa consultant standing ind forme vice president of !again It ix certain to come If the First Security Corporation of American and Tele- - auto industry's civilian supply Telephone Ogden la parent company of the Co Robert G Stone Boa- - hnes are thinned out by the diver- First Security Rank of Utah Na- graph w ton partner Hayden Stone and Co !ion of raw materials to arms tinnal Assn First Security Pank 0 Also Albert E Thiele of Gug- - production of Idaho National Assn and First INT-irclioAnd th ere a m few Ito genheim Bros New York Charles among car industry authorities Snmo 400 Intermountain anti- - Security Bank of Rock Springa L Tutt Colorado- Springs Colo who do not expect a sharp tut in Once dealer" will gather Friday IA'yo Directors of Goodyear Tire and ring contract and R E Bartlett of the Broadmoor hotel the material available for civilian Thqq banks operate 41 offices president tn the C8Pit°1 that" to hear Brokers who deal through the C T Ulrich New York chair- - production next yeer Bettilyon's Inc Monday will he psubbsr Co Inc Akron 0- - have Electric Co Salt Leks City elec- and Incluchng three W A Meet Cincinnati present One r eadyfr busnes In the now Betarrroved construction of a 1300- - trical contrrt:a multiple listing bureau of the Salt man of Kenn ecott's executive' military ferilty Sensitive Factor the 1950 sales program of the I The new district warehouse and Lake Real Estate board 2o1-1- 1 completed committee Medley G B Whelpley E OPO district office and warehouse offit two' Avco 11artufac-- 1 nme tium-terCrO5ley New York ch airman of the board Probably nothing In the nation's i teplee 't Broadway A Kyle Rettllyon 11" at 46 Fayette IVO It DVSS an- - occupied by Mr Alexander's staff 82 sales for $9406M in the iseek Warren Foundry and Pipe Corp7economy la as sensitive as the turirg Corp Mr Flees is general ended 'Wednesday the board re- - and I piles manager 'for the &vision president amid Saturday (lost of flounced Saturday by W W Alex- - at 960 S Main at George 'Whitney Chairman of automobile market Even a hint of an1 vice president of Avec Bamberger Railroad Co will ported Friday Included were 6? the board J P Morgan and Co (possible car shortages brings a the buildmg Inclurhng land was ander Salt Lake district man- homes 8425 for $62 'serve the warthouee through aidComp let new 1951 lines of re-ager deluge of orders most of thern $225 OW Two Cnabis to Come Work on the brick trigs on the north of thebuilding I Fourteen homes sold were tinder I from persons who actually do igerators f r e e 1 tr a electric TO y rho 163 by ft and architectural concrete &true:- - Three truck loading docks face !MOO 15 67500 to $10000: 181 Only two directors Alfred P not need new vehicles' riges television seta and radio $10000 to $12500: 12 $12500 to slam HOUSTON Chairman of the board together with the tom- That's what happened following major !brick structure with full base- - ture Will ommence immedialely Fayette at Modernistic offices in the front $15000 five $15000 to $20000 General Motors Corp and Henry the Korean outbreak The fact the nys Immediate advertng and :opponents of state ownership of ment will house 10 tenants on the! Archttece Slack W Winburn over and and three oc$20000 les promotion programs will he !Tidelands were amorg the de- would be of the structure will cover 7200 - mid the building Havemeyer railroad executive car industry vcas producing at an i Two apartments brought S21800 of New esented In a series of unusual i feated candidates In Ttleaday's :main floor and wfl have 20 addi- cupied by mid4951 sq ft of floor space York will not accompany abnormal rate didn't slow the in offices on the second To facilitate loading the 185by :during the week nine vacant lots the hennecott Contract for the 32000 as ft age setting& general election group on its Utah rush to place orders The order In the evening dealers will be ft building will have its $15930 three businesses: $I51- - visit 'structure has been awarded Chy'resell 'Atty Gen Price Daniel floor volume leveled off eventually But Tenants already moved in on the trills Construction Co building ground floor some four ft above OK and one farm $30000 iests at a &ruler and show in mid advocates of state owner- Anton Cray Kennecott's vice it took several months and the imM was Of main the week are 4 0 Frankl:n the rite! Utah sole contractors Real estate purchases street level Major ship now are within 10 vote of and geologist and alsoposition of stiff credit limitations Blanca motel 109 S State :president Mr- - Alexander said lnyestMent Distributor cohnsto are 'Western a majority In the ben Serum Co and Glenda Smartt hair were handled by Sid Roberta of Quebec Iron and Ti- - to slow it down president undisto an in the structure is evidence of sold by Lester Allred Inc triply Co Salt !Ake City and isle with the attitudes of 19 sen- - styling shopSot leases have bogll More than a few industry A S Cherouny as-- 1 tanim Corp d I'm Og- Goodyear's "faith in the growth closed buyer The deal was feat Falls Paper Co Great Falls store or senators-elec- t unknown i algnPd to date for upstairs arbe A C lysts my it has been only slowed to and sistant the president 1 heat--i'oont the intermountain west" by Smith Realty Co down They pay that with or Among the defeated was Semi Bottilvon's Ins furtnetly was den- has the' plumbing- and Mr Elm joined Avco In 'No Forrest Donne IR WO who eslied Bet tilyon Home Builders Co — out credit restrictions it will re- 1 Broad-was E and rriber 194S as a vice president ()nee led a y located at ItS S235000 COST committee fill-- 1 gain even greater momentum when Hortniml way The firm and Sidney the full Impact of the arms pro- are Jomt owners cif tho netw struc-- 1 gram hits the auto industry I -- taro Borman- Conetruction Cod ) - - - t -- t of will be called in for exchange - ' 1 i 1 A ' 11 ' 1 presi-lwaitif- i -- Crosley Sales Meet Slated Board Reports New Business i Goo dvear Approves Building I'llealty Sales Block S et O n Broads ay i i -a- i Of S L Office use t For $9 4065 o uto-banks" I tilynn-Horma- 'Stitte i n e tr-- ' win i ! i one-stor- y two-stor- ji 1 i a I : I for : i two-thir- Capson-13- °1111am hen-idle- Hann-Seiderhaus- - i Bo - yeas t?tiilder V A Bettllyon Ince 1945 F Bennett (R 1 re-ne- I t 41r time (11111111 1' - i id rrrrsnuncal - - il d subsidiary companies of United States Steel Corp eventually may be Incorporated lnto a mII smgle firm under one set of L elaIe 'Big steer made what is I hewed to be a start toward that objective thrs Iceek—by-tumptr- ig four important subaidiariee to- - I Work is elpected to be eompleted about June gether as United States Steel Co 1 1951 on this 9235000 booting alley to be far-flun- g i I J4 1 1k fA r -- -- Eier ilA BUSINESS BRIEFS rattles or warps! 344 ' - Ask 5 er 00ffes -- about r- atm Nies Iser Steel Ile Noy PAO ii liv"11 be tomng Jan composed Carnegle-Illinm- - instantion smgle oporatmg corn OPt up to begn fun 1 of arms: INDOW Vindosss Easy It 1951 the for 4Stee1 s tribs111- - Corp Umted States StPPI Corp of 1741A ware H C Fry Coke Co- anti - United STatea Coal ani Coke Co Benjimin F Fa Irles& preAtdent of V S Steet Corp wall be the OrPsvient of the new corrrany as teerts down your labor costs And theyre stronger windosss—ssith better harchsare and precisiftn factory fit for permanent Mors Ind Ugh Moro Ovtido Vow! 104Wit MO Woo loertotat Posit'? lotprooll $tood onto ilul Toltatommil f&W 4 7th Smith St— rhone 5-c- Co - ON moil atm 1i13 41:aucl1m Stool Windows ore distributod by 'Structural Steel aini Force 545 We RH Firopfool—Torolittprool i)114419(1P LIWDLItBilboLvi) FadManufacturing Mining Men to n Lake City stores rose19 in teMber over the same 1949 month the IT S Bureau of the Census re- ported Saturday Gain for the first nine months of 1950 over a like 949 period as 13 Sep-Lo- totRED ciero reported Saturday This compared with an siveraga Wain of 121 In cities of the 12th Fedral Eeserve Mstrict In the flret 44 weeks of the calendar year value of sales by local stores was 7r- - higher than for a like 1II49 period compared walt ail avtag4 galn of Alt in the d:etrict Real Estate Co has been handling negotiations on Most men skill ray no aftenticm to this the matter including obtaining of message because of their insbilar to the lease C B (Chet) Walker accept new ideas—because they have 'their noses so dose to the grindstone was salesman that they cannot see thetorpommittes that are opening up all over America - BIG enough to serve t 0 L64totntA 1 Set Banquet Ninth biennial legislative meeting and banquet of the Mining As1 Ntrtntena and the Last sociation Chance GJch Mnrg Awn wii be: held In Prier Jan II sit INStilkdors - E s - tie evAdk at t:v!ty in ("lark comity present I'mtesi retro!eirn Co is irefOndiliOrittg 0404104CW:with the 001 At R tmel 41Prfp of 21 t 1104 Ct9int Cid Co:a i( ell is shut cloan at It ft A firm eiCledi HEELER 00 CO21111ZIM ED c:nr a CifU izzxg13 i7) El z(Z 0 rr 1ST-rTrir- frt717!" gilt z Pt at r ef I le bt risp I Gather Oil Activity Slight :s1'ttle oil well dthr and Wright-Wirthli- n e"1 -- Co the Nforris court previously were A message from The located on the 1s3 by 319 ft prop- ertv on which the structure now WALL STREET JOURNAL Norlbs-e!iMining Alkam hold it3 Mth annual convention E I and 2 in Spokane Montanan operation e E0st il Pfy trouble-fre- r FIonli of gars Fran— cc lo I An stock and commodity mark- - Black Gold Oil and Gas Explore Co Iis reported ready to spud eta in the Un!ted States were test a oft Arden dome of observance closed Saturday in Armistice day Retail Trade Gains The past week wax unusual In I trade of Retail Independent Salt that there wers two market holidays durnir the week 'rna other aru election day the country Pittsburgh would take a tighter grasp on its claimed Ittle as the CPA capital of the world The now company's headquarters will be housed In the skyscraper now going tip In Pittsburgh's' Golden Triangle U S Steel is leasing all but the lower right floors of the shining rainless eteel Salm Gain Normal paneled building for ItS offtee workers' VAIIIP Of Wet efih1Iplet114 by Formation of the I' S Steel Sett Lek department stores In announcel Niorriar by the week ended Nov 4 4'''e boart rharman Irvmg S Ors of hgher than a year ago the FellS Skeet Single Operation 1 To - - Crorr —get the window that never sticks with the largest Plans to construct a $235000—to the year-en- d stOck of unsold cars on hand since lbowling alley at 250 E 2nd South were announced Saturday by F B before World War IL MOM who will be owner of the But many of these cars will be 1951 models Even more important i building Norman Construction Co will be is the fact that the building up of 1builder and the structure will be these field stocks gives the wouldleased for 10 years to a partner- be new car buyer about the only will be ship consisting of Douglas A Muir assurance possible that he 1able to get a new vehicle next Martin Mcrhie and Paul Chase Work on the 100 by 165 ft struc- apnng ture already is under way and ADVERTISEMENT completion is expected about June PL14-4ttLig 1 1951 There will be 15 alleys plus ' ' a refreshment bar in the building MEN WHO !which Will be constructed prin2cipally of brick andpumice stone erected at 250 L 2nd South This rendering Parking for more than 200 cars WANT TO MAKE shoos bow the finished project will appear will be provided it the rear of the alleys The building will cost S100000 and equipment $85000 MORE MONEY Land is alued at $50000 Second Holidav for Week Closes Marts s NO MATTER WHAT YOU'RE BUILDING l 'Unsold Care Right now most dealers Pa y the'y have more cars than customers They say toot that they will roma I I A I I 300000 employee and would operate plants up and down and across - 1141 (t- - - Unified Setup Is carried If the out to its logical finish United' States Steel Co would have some - t t 1 300000 Employe 1 f Alley WB e lins t U S Steel Eyes I 1 1 Ii president ‘f)f the firm which bears him ham and R L Pettilynn le ire preu1Pntl In charge of construction Utah) Ceorgo A Fla end Richard A Missmrian by birth he joined Smat hers (11 Chevrokt Motor Co in the early 1i Nixon (R Cal) Os and In 1929 became president' A tate ownership bill failed of General Motors Accounting Co four year an through a veto by and a director of Motors Bolding Frei Harry S Truman Co During the early '30s be WILS Since then the supreme emirt d vice president In charge of has reeogrozed the federal govern ogles for the paramount rights to the Pontiac sales division General !Tidelands off Tee! and Loutaiana Motors Kansas elected a new senator When the merger of Nash whn has given much study to oil Motors and Kelvinator took place 'Induatry problems Ile is Repub 'In 1938 Mr Rees was called upon heart Gov Frank Carlson former to reorganize the NashKelvinator !chairman of the Interstate Oil Bales organization 1Compact commission II (241111) But a few men will understand and act and PROFIT New inventions new indumies and new ways of dome businem aro mat- orrommities for Img money-makinteen who are willing to throw away methods and adept new merhMs 'oldIt Ell ray you to find out about A FVfi 4Wilt- Hat a' a4 basal aust i these thooess in the rages of 1 he Wall Street lournal The journal is mote than a Inewspaper It is a daily guide for every substantial citizen Its readers include many of the w eal th lest penrle in this Yet The Journal can IRO be tountry of enormous help to men in the $3000 to 120000 income brackets Because the reports in The Val Street journal come to you DAILY you pry the fasttesr rowthle latetting of any new trend that may affect your business and personal income You get the facts in time to take wham-se- t steps are nes!ed to protect your interests or to seize quickly a nese profit-makin- g orporninity 'all Street journal is the tomThe with the largest p!es business daily stAU ot writers on business and Brian-oa- t and it ts the only busisubiests ness paper served by all four big press The Wall Sett Journal atS0tiatinna 'cnsts $20 a year Or you can get a Trial Subscrptinn Int 3 months States and Possessions) (in United lust tee nut this ad end attah anti mill Or tell us tn bil sca cAlle nn the raitte CAst 10 'tin: b111ei an I rh nrss PseltIr :scret towns Ftanisko Loi Anees tr-s- tr i F imen The Bush Stl'ert eth Streer or 109 &LI it-l- i 4 1 7 1 or elJ OE |