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Show , oS ag ROR : Ne 6 Sunday Herald ‘Central Square’ Aaapli pig aE A ey Dag Sy Si ead lng ED a ody eit aay nelak gap ary geeee SUNDAY, APRIL 5, 1964 Utah County, Utah Taylor's Tells Plans For Shopping Center A comprehensive plan to re-jers of the downtown shopping model an entire block in Provo’s center. The area is bounded on vital downtown area was an- the north by Second North, on nounced Saturday byT. Sterling by First North, on Taylor, president of Taylor’s| the south and on Inc., as he unveiled plans for | the west by Third West a complete shopping center to|the east by Second West. Its be known as “Central Square.” |location on the Second West Featuring Taylor’s as its cen-|artery road makesit easily actral component and boasting |cessible from the north, and its nearly one-half block of parking |downtown area makes it censpaces, the venter will also have |trally located to all of Provo. specialty shops and other busi- ‘All major stores and banks nesses. |are within three blocks of Cen- Mr. Taylor will be president | tral Square,” Mr. Taylor pointof Central Square, Inc., develop-|ed out. = ~| “‘Taylor’s has been a part of Provo since 1866, and this vast, new expansion indicates our faith in the continued developmentof Central Utah,”’ said Mr. Taylor in announcing the move of their business address from 250 West Center (which they have occupied for 98 years). » ‘Modern fixtures and store layout will be the latest designs for customer convenience and comfort,”’ Mr. Taylor said. ‘We are building this store for our customers’ comfort. Everything will be on one floor, with major store entrances on the east and west.” 4 Major Entrances There will be four major automobile entrances to the parking lots, two on the east and one “/on the north and south. ‘‘Parking lot entrances have been} scientifically engineered for) First Studebaker Cars From Ontario Arrive customer comfort and easy acFirst shipments of new Studebaker cars from the Studebaker cessibility,” according to Dee Corporation’s Canadian plant at Hamilton, Ontario, have ar- Taylor, Provo architect who is} § ahs s tes Scanian € Satoben tis rived in Central Utah. supervising the development in| Bob Davis, manager of Provo Studebaker Company re- consultation with a San Fran-| NEW CENTRAL SQUARE SHOPPING CENTER — Here is cisco architectural firm. ported receiving a shipment during the past week. architect’s rendering of projected new Central Square Shopping Featuring a 20-foot wide pa-| New cars from Ontario also are available to Studebaker Center, plans for which were announced Saturday by T. Sterling Cartwright. C. vilion running from north to| Plaza in American Fork, managed by Marvin Taylor, president of Taylor’s of Provo. With spacious parking, The 1964 cars now arriving are the same as had been tab- south along the fronts of the/| the multi-store center will include the 98-year-old Taylor’s which bed for production at the South Bend plant, now closed, but various shops, the design of the | have finishing and upholstering refinements made possible complete layout is built around parking and under the Canadian operation, Mr. Davis said. ences. | Fuel Supply Has Exceptional Year The present structure—which will move from its Center Street location into the building at Second North and Third West formerly occupied by Safeway Stores. This structure will be remodeled and enlarged, extending to the south. The projected development, with construction to start soon, ultimately will occupy the entire block. matic conven Weekly Wall Street Roundup Mountain Mountain Fuel Supply Company had an exceptionally good year in 1963, the firm reported in its annual report mailed this week to shareholders. Earnings climbed to an all-time high of $5,343,093, or $2.44 a share, an increase of $778,387 over the 1962 figure of $4,564,706, or $2.09 a share,” said W. T. Nightingale, chairman of the board, and M. M.Fidlar, president. Most of the increase came from the company’s non-utility operations, principally the oil production from the Birch Creek field in Wyoming. . ; On the other hand, the report said, gas sales have continand customers of ued to inerease in vroportion to the growth under normal circumstances earnings from this source should 1 I ! t formerly housed the downtown Safeway store — will be remodeled inside and outside to provide one of the most modern department stores in Utah, according to Mr. Taylor. Taylor’s will occupy all of the remodeled present structure, plus a large share of the additional floor space, he said. The Lockhart Company announced today that Laurie G. Govdwill has been elected assistant vice president and managing officer of the Provo branch of the Lockhart Company, effective immediately. Mr. Goodwill has been serving as a branch manager of the company since 1962. Prior to that time he was employed as manager of another finance company for 14 years. Mr. Goodwill is a native of Utah and attended Salt Lake City schools. He is married to the former Joyce Ernstrom and has three children. . Mr. Goodwill Hale Moves Here as Investment Counselor Steve Hale, who formerly operated a brokerage business in Mesa, Ariz., has been appointed an insurance and inyestment counselor to senior students at Brigham Young Univer- sity, representing the Fidelity Union Life Insurance Company. ! uf j Mr. Hale, who is establishing permanent residency here, was well known in Arizona as ‘farmer of the year’ in 1960, an instructor who introduced the Dale Carnegie principles to inmates of Arizona State Prison, and a national collegiate wrestler. He and his wife, Ethel Mae and family, will make their home ir the Edgemontarea at 148 E. 3140 N. ——— Nephi Dealer Wins 10-Day Trip to Europe John H. Parkin, owner of Parkin Motor Company at Nephi, has been notified that he is one of the winners of the recent Mercury-Comet Tournament of Champions contest. As his 4 Hi i New Departments “We plan to greatly expand our present merchandising efcontinue to increase. Gas sales in 1963 amounted to 102.9 bil- forts, and will continue to feabion cubic feet, a new record, compared with 93.2 billion cubic ture our famous collection of nationally known brands. Many feet a year ago. . Mountain Fuel added 13,810 new customers to its natural new departments will be added, gas distribution system, also a new record for a one-year in- and all present departments — crease. The firm was serving 206,271 customers at the end of such as women’s and men’s ready-to-wear, sportswear, the year. shoes, domestics, gifts and children’s departments — will be Central Utahns Earn Ford Division Awards enlarged,” Mr. Taylor said. Several Central Utahns have earned awards for outstandStore officials announced that ing retail performance during the past year, the Ford Division planning is now under way and ef Ford Moter Company announced Saturday. that construction will be startThey include Leo Ault, King Loveland, Roy Griffin and John ed as soon as possible. CompleC. Roberts, American Fork; George Williams, Nephi, and Ray tion dates will be announced later, but it is anticipated that Huntsman, Daryl D2uwalder and Dennis L. Davis, Provo. Taylor’s will open its new loInvestment Firm’s Assets Reach $5 Billion cation sometime late this year. Toylor’s, Inc., has been in Investors Diversified Services, Inc., has gone over the top business continuously in Provo of the $5 billion plateau in managed assets, according to C. since 1866, the only firm still in Eldon Bitter, of Orem, zone manager. operation which started in ProThis new milestone in the meteoric growth of the big in- vo’s pioneer days. The firm vestment management company camejust two and a half years was nine years old when the after the $4 billion level was posted in September, 1961. The Brigham Young Academy was first billion dollar mark was reached in June 1952 and was organized in 1875 by Brigham doubled in fess than four years (April, 1956). The third billion Young. Thomas N. Taylor, head dollar notch was cut three years later, in June, 1959. of the firm for half a century, in 1919 became executive chairBank of American Fork Names2 Directors man of the BYU Board of Directors, a post he held for 20 LaVere J. Wadley, American Fork, and Reid C. Burgess, years. Alpine, have been named to the board of directors of the bank The firm was known as Tayof American Fork, according to Orville Gunther, president of lor Bros. Company, and at one the bank. time prior to the depression had Mr. Wadley is a native of Pleasant Grove, residing in branch stores throughout cenAmeriean Fork since 1938. He is head of the business depart- tral and southern Utah. ment of the American Fork High School. He is immediate past “One of the finest assets of president of the Utah Business Teachers’ Association and is Central Square is that it is serving his third term on the executive board of the Western completely owned by Provo peoBusiness Education Association. ple,” said Mr. Taylor. ‘‘We hope Mr. Burgess has been owner of a mercantile business in that it will stimulate interest by Alpine for the past 19 years. He graduated from BYU and other local people in developing worked as a soi] chemist prior to becoming a business-owner. our fine community.”’ He indiHe was recently released as bishop of the Alpine Ward eated that property purchases after serving 10 years. Heis presently a counselor in the Alpine and negotiations have been unStake presidency. der way for several months in order for the entire block to Goodwill Elected Assistant Vice President be developed as a unit. prize he and Mrs. Parkin will leave for a 10-day “European holiday” to Rome andParis. In Italy they will -visit Vatican City, the Coliseum, the Carnations are available in unusual shades of pink, red, orange, and variegated colorings as well as white. In addition, carnations can be tinted to almost any hue desired to match other accessories. : Announcing! By C. J. PARNOW United Press International NEW YORK (UPI) —The stock market came down with a case of the post-holiday blues early this week but recovered sufficiently to score two sets of new highs before the final session. Prices churned narrowly mixed Monday and the only bright spots in the list were tobacco and airline shares. The picture turned darker Tuesday and prices dropped some. A late rally on Wednesdayset the stage for an even better advance on Thursday when jprices rose sharply to record; Trading totaled 29,689,310|new lows. |points, Braniff 2%, National 4% highs in both Dow-Jones indus-|shares compared with the Studebaker topped the market|and Trans World 2%. Delta trial and rail averages and|21,334,064 shares in the prior in activity, rising 1% to 8% on|backtracked 3%. Coca-Cola Standard & Poors 500 stock|holiday week and 23,611,104 a turnover of 575,300 shares.|jumped 6 and Royal Crown Cola index. Trading on Thursday hit|shares in the same week last|The activity in the issue stem-|advanced 5. 6,840,008 shares—the heaviest|year. Of the 1,511 issues traded,|med from a statement by the| volume since last Nov. 26, the|803 advanced, 314 to new 1964|company president in which he| EASE CONTROL first trading day after the|highs while 557 declined, 120 to|said first quarter earnings) BELGRADE (UPI) — The assassination of President Ken-|" ~~~ _|would approximate $1 million|Yugoslav government has nedy. |5-YEAR PLAN compared wh a net loss of|urged Greece to ease controls Dow-Jones Indistrial average} CARDIFF, Wales (UPI) —|$6.4 million a year earlier. jon Greek traffic into Commuclimbed 7.08 to a new record|When David Bradshaw, 44, a| Tobacco shares continued to|nist Yugoslavia, it was anhigh of 822.99 while rails ad-|laborer, was sentenced to four/improve on feports of rising|nounced here Thursday. vanced 3.30 to 195.46, also ajyears in prison for shop-break-|cigarette sales. Philip Morris} The announcement also said new record high. Standard &|ing, he asked the judge Thurs-|gained 5%4, American Tobacco} Yugoslavia asked Greeceto help Poors 500 stock index also|day for five years instead, with|and Lorillard 3 and Liggett &|promote greater economic relascored a new high of 79.94 on|the explanation, “I want to|Myers 3%. |tions between the two couna gain of 0.75. learn a trade.” |! Western Air Lines shot up 8! tries. HAMILTON, ontario, TO PROVO STUDEBAKER — ‘ FIRST CANADIAN BUILT ea ComeIn and See the New Ganadian Studebakers! EFFECTIVE APRIL Ist ~-NEW-FARES TO EUROPE 21 Day Jet Excursion From New York City London .... $300.00 Paris ..... $341.00 Berlin .... $411.00 Rome ..... $445.40 Madrid ... $341.80 Copenhagen $379.80 For| Eiermanen Call 373-5310 7 Christopherson TRAVEL 290 W.Center Patheon and historic Roman castles. The itinerary in Paris © Now Featuring begins with Montmare, sightseeing at the Palace of Versailles AMERICAN EXPRESS and a cruise along the Seine, disembarking at the famous Eiffel Tower. Stocks Get Post-Holiday Blues But Recover and Set 2 New Highs The new Studebaker is the kind of quality ear you expect from Canada, which is already famous here for their quality hi-fi equipment, refrigerators and freezers, chain saws and agricultural equipment to name but a few. This Canadian car is excellence throughout. Up in Canadatheyreally build cars to stand up to difficult terrain and weather. Studebaker tested their ears under the most violent conditions in Canada. Through winter blizzards and over the rugged roads of Ontario’s north country ... through prairie heat and dust ... through the untamed Rocky Mountains in British Columbia, These dependable Studebakers behaved beautifully—stood up to everything, Studebaker shattered dozens of world speed records at Bonneville, has been consistently victorious in the 4,000 mile Shell rally, and won the Golden Wheel “Car of the Year’’ award for automotive excellence, Now theyare here for you .. . the great, new Canadian Studebakers. See them... take a test-drive today. Provo Studebaker Co., Inc. 3rd SOUTH 100 WEST PHONE FR 3-3863 DRAVELERS CBECKS dren ee et j Le |