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Show 8 Sunday Herald Stocks Indecisiive In Week AsShort Sessions Tend SUNDAY, AUGUST: 20, 1967 Utah County, Utah To CoolSpecyl ative Fever By JAMES T. MCCAUSLAND hike also helped dampen en NEW YORK(UPI) — Stock prices churned through another Mack Lawrence Promoted by Phone Company W. Mack Lawrence, Utah Commercial Manager for Mountain States Telephone,.will become the company’s ftate assist‘ant general manager on Oct. 1. He was the Provo district Manager preceding Jack J. Dalton, 2 whois at present in charge of the commercial department operations for Southern and Central Utah, Lawrence, a native of Salt Lake City and a graduate of the University of Utah with a degree from the school of busi-| ness, started with the telephone comp-| any in Salt Lake City in the sales depart-| ment in 1951. In addition to having serv| as Provo District Manager he was District Manager in Denver and Salt Lake District Sales Manager. Hereplaces J. Le Roy Bickmore, who Mr. Lawrence teliring from the company after 40 years service. Bickmore & his telephone career in Salt Lake City in 1927 after grad. from the Utah State University. During his telephone HERE IS ARTIST'S DRAWING of beautiful new Prudential Ceareer he has been a manager of tle Richfield and Price ex- Federal Savings and Loan Association building now under = change groups and-also- Provo District Manager. Immediately construction on University| Avenue, Two private homes were ae to becoming Assistant General Manager in Utah he was Idaho Commercial Supervisor. Market U.S. Steel Quotations Announces “Whipple Wins C.of C. Post at Redlands ” Cale Whipple, husband of MarilynDaniels who is a native Sef Provo, has been named new Chamber of Commerce manager Sim Redlands, Calif, For’ the past two years, Mr. Whipple has Digerved as manager of the Los Angeles Chamber's membership * relations department and assistant manager in the industrial end marketing department. He is a graduate of Brigham Young University. Furnished "itenve”ser| Appointments adowed by these prospects were. such indecisive week with, the abbreviated trading: sessions serv- normally helpful items as & |ing fo ccol the speculative fever pickup in industrial production, @ spurt in new car output, a \cf previous weeks. The New York and American sharp rise in steel output and Exchanges remained pn four- a dwindiing of business invenhour scaedules*to help broker- | tories. age houses catch up with al Volume for the week conheavy backlog of paper work. | tracted to a still brisk 41,983,904 Normal 10. agm. to 3:30 p.m. shares from 46,514,192 shares a hours resume Monday. | week earlier, but still was Investors set up a trading pat- Jabove the 32,514,160 shares tern early in the week and gen-|changing hands in the same erally stuck to it through: each} week a year ago which had 5% of the five sessions, Prices scor-|hour sessions. ed selective gains during the! Of the 1,575 issues crossing first two hours and investors|the tape, $44 declined, 610 adspent the remainder of the day||vanced and 121 held unchanged chipping away at these ad-|while 142 issues reached new moved to make room for the new structure, which is scheduled for completion late this year at a cost of about $300,000, }1967 highs and 51 touched new lows. The United Press International Marketwide Indicator fell 0.44 per cent. The New York Stock Exchange Index of all cus again with the South Viet- stocks dropped 0.22 to 52.59. namese elections not far off The Dow Jones Industrial Avand United States bombing tar- erage gave up1.61 to 919.04 and gets near Red China, In the the rail component was off 3.97 dark about the exact position of to 258.07. vances. Construction Proceeds On There was a bounty of encouraging economic news but investors seemed to concentrate! ‘on future uncertainties. The Vietnam War was in fo- NewBuilding of Prudential Savings & Loan Association the government in Vietnam, many Wall Streeters .pondered The six countries with the Construction of the new Provo anticipated in early December whether escalation or lightening greatest population are Red University Ave, office building of the Prudential of this year, according to Re of our commitmentis in store. China, India, the Soviet Union, Federal Savings and Loan Asso- ford M. Bevan Jr., vice presi- Threat of a major auto strike the United States, Indonesia and ciation is now underway at 363 dent and manager ‘of the Provo| and # possible passage of Presi- Japan, in that order. LAKE STOCK EXCHANGE =Power Company Posts Quarterly Dividend | SALT |North University Avenue, branch office of the association, dent Johnson's proposed tax! Eridey,” Ava. Gene Donovan, president of He added that space will bel Utah Power and Light Co. directors this week declared srt" Bullion Exp |the financial institution, report- provided for parking of 35 cars pandividends on both the company’s common and pre- allan Man "! jed that Hewitt Homes of Salt and the entire area will be at|Lake City was awarded the ini- tractively landscaped and a Pe stock paid 40 cents per share, while preferred!|ero ‘com weather-protected walkway will tial building contract. stock ranged from 29 to 32 cents peraan ieupceeihe of Eastern Capital available for “Financing, ReThe architects estimate is be built on the plaza, Both common and preferred dividends are mares Oct. 1 to £910, Con Prudential Federal Savings, about $300,000 for the project. Financing . . . Real Estate, Shopping Centers, Apt. holders of record at the close of business Sept. 1 [gen ons eure “We have been very pleased which opened a branch office Houses, Business Needs, Farm and Ranch Loans — Total dividends aaded up to over $2 million, most of which| citce with the reception and confi- in Provo in May, 1966, is one ‘will be paid to some18,000 common shareholdersin Utah, Idaho,|¢™* eran bean PITTSBURGH, Pa.—Realign- dence Provoans and residents of the 100 largest savings and Write or Call Colorado and Wyoming. Dragon mentof several key commercial of Utah County have given us loan associations in the United Enoins department/balnatyea was duringour first 14 months of States, which assets in excess eae ureke ‘ announced today by Richard F, operation here,” Mr, Donovan of ©! $185,000,000. Main offices are said, “‘and.because we feel that at 115 South Main Street, Salt 374-0954 . 1455 EAST 330 SOUTH, PROVO vice the Provo area will continue to Lake City. The association utive 2 J. H. Jensen,retired Federal Land Bank Association man-|$"“paaie of president | a, grow and prosper we are dem- maintains temporary Provo ofmedal,|Grwestern commemorative a a been has Provo at ~ ager fices at 214 North University commerthe 43 7 onstrating our confidence in the Coal, authorized by the President and Congress for his outstanding Ine cial division of future of Utah County by erect- Avenue, rnmere contributions to agriculture. Nag States |ia a building in wheI hope , ‘The melal, one of 2,000, was struck by the U. S. Bureau of | Herma = hee can take pride,” "The m 2 » Engraving in Observanceof the 50th anniversary of the Federal|New au building will occupy effective Ceiean i *Jand banks and land bank associations established in April 1917 |Newnun sereate Eas 1200sees feet, 5,100 of which to provide farmers and ranchers with long-term reeceGin will be devoted to rental space Pi Cons x n ti |and the balance of 2,100 square Mr, Jensen was selected for the award because of his meri- frotes ‘3 Mr. Estes in the.one|feet will be utilized by Pruden2 (mercial department and com- |tal Federal Savings for office Dr. Brent D. Hansen has Save,OW torens service to the Farmers of America. a dental practice in Stangard a a \bine distribution and industry and service facilities, |marketing responsibilities un- Architect is John N, Clawson, Spanish Fork after two years of practice in Ocala, Fla. Economic Development Conference Aug. 23|:[rn"tad der a single vice president. Salt Lake City, Bay E. Estes Jr., who cur- Completion of the building is ‘The son of Louise D, Han-i. The 18th Annval Economic Development Conference vay rentl is vice president of mar-' Sona be held in the Hote! Utah Weanesday, August 23. keting, will move to the post ‘An impressive group of speakers will discuss the economic ereee of assistant to the executive condition of the state and advise action neede] to permit Utah jroo ee 16 vice president of commercial. ‘ and prosper. to The industry marketing duties othe aioetingsession will convene.at 10 a.m. in the Empire 54-1, GE EXCHANGE SALES married Kathformerly discharged by Mr. Room. The luncheon will be held in the LaFayette asia at[Buin Mon. 188) 500-67%4 leen Peery of Estes will be combined with Keith W. Jones, installer re2:15P.m. with the afters. on session in the LaFayette Ballroom [einin,ine ¢ Ber Spanish Fork’ the present production distribu- pairmanat the Mountain States ff at 2:15 p.m. Telephone Provo Plant Departand they have tion Tesponsibilities of John W. one son, Brent) ment, is commemorating 25 Golconda 20011.7; 1001.75, 200-162 ‘Todd Jr., vice president of pro- years ofservice. He will be honJr. Horn Siver rovot7ay 16007) 3000-18; duct distribution, Mr, Toddwill Am. Fork Business Services Firm Opens Dr. Hansen havethe new title of vice presi- ored.at a company dinner. Kennebec Cont 2s Dr. Hansen Mr, Jones, who began his 8. Paul Sheliey is owner of a new firm, Shelley's Business | Mammoth 2508.00; 50-7.50; pan dent of distribution and market| Mountain states 5000-10; 10004) telephone career in Provo in was graduated from: Spanish Services, at 77 North Center, in ‘American Fork, dealing in} lew Quincy 10020; 1000-19 accounting, tax, collections, “secretarial and other business||Park City Cone S00029) 1000-90 Tn a third move, Albert A. ae 1942, has also worked for Fork High School, Brigham Exclusive, Custom Monnett Jr. will become vice the company in Salt Lake City, Young University, and finally Royston Mr. Shelley has had wide accounting arid taxation experience. Sundance Oli. 300-95; president, commercial planning. Tooele and Richfield, His ser- from Western Reserve Dental m9 He is a former assistant Sere at nb Utah a me Koad aha Mr. Monnett-now is director, vice was interupted from 1943 School at Cleveland. ‘Training School and served as city recorder for American For! oo planning and utiliza- to 1946 when he served in the His twin brother, Kent B., US. Army. |is a dentist in Fremont, Calif. City for 12 years, Prior to this time he had been employed in) MUTUAL FUNDS tana. private business as an office manager and accountant for |Attitiates Fund ‘uM 10.10 a # several Utah County sete He is a graduate of American Fork Seen Company. York Stock Exchange, $ MILLIONS $ FINANCIAL FUNDING gid x Sh Land Bank Association Honors Jensen Dentist Returns To Spanish Fork Anderson Lumber's "ANSWER MAN'T proudly presents the crowning Jones Honored By Company touch to Elegant Living... Royalty (ee es ee well known accounting specialist, will be|Fideliy cop Jack Larsen, » «| Dr. Jeppsen In al § easivnied withbr. Shelley in the new busineseservices firm, |Pii Fm F nental tm ManhattenFund, Manhattan Fund e ass Inv Gre BLM Utah Spending Told =.= Wellington Fund. \) KITCHEN CABINETS 04 18.52 7 17M R22 13.9 . ha 2y| Residence at U, introducing sas Wn “1077! Dr. Ernest Allen Jleppsen, son oR i292 1412/0f Dean and Mrs, E, C. J & ts ml 497 PRICE, Utah (UPI)—-A report StaterectorRobert abetD. Nielto the Bureau of Manage-|son acres . ment (BLM) sat aus estS61 fo amine, Grain Market board shows the BLM| said emphasis during spent over $3 millon ‘dminis-|year had been placed on new| CHICAGO (UPI) — Cora,rye, j public lands in Utah dur land classification responsibili-|and soybeans closed higher this year 1967. ties and multipleuse manage-| week, wheat, and rye lower on mentre a the Chicago Board of Trade. ie land = 5 9A5 ; 373-0947 trom BLM ad.|__ Wheat was off % to 1% cents; ministration, with 11,00 acres ‘corn Was up’l to 1% cents; oats NEWL'YWEDS F to doute a MARTIN S. WEEKS ‘ 955 N. UNIV. AVE. PROVO ing for |2cTes. Went to W you are plenning e Tenecianhod coctungs, lect | igh higher; ra es off 2%«mi to 2%; te a cite aoe tae leete uae soy, and’ newly: : 6 SENSATIONAL STYLES... 14 EXCITING ae m withthe best in auto, life, and fire insurance, |Carbon Counties, 2,500 dis the Brigham Young Universi =] your future financial proteo eeoe Seeoe ew Auto manufacturers will spend] in Provo and thee College ty STATE FARM DNSURANCE COMPA: Ly © ton, Get started right, ry | (eereaney Call me today nia ave Under} an average $0 per car instal-|Medicine at the University of Nickon feid board members|/i26 seat belts on 1968 models.|Utah in Salt Bake City. Senne the BLM had received over $7 This will amount to about $320 million from various leases of million to be sub-coniracted on the lands, ‘one item ‘alone, e there in. minutes in an Call and tell us when you want to leave and we'll have an airplane and pilot waiting for you. 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