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Show Page 18—THE HERALD. Provo. Utah, Thursday. January 3. 1980 ommerce,. At White House Small Business Confab Slated January 13-17 WASHINGTON, D.C. — President Carter is scheduled to address 2,000 participants to the White House Conference on Small Business Jan. 13 at the Washington Hilton Hotel. The conference, the largest forumof its kind, will be held at two hotels, the Washington Hilton and the Sheraton Washington, Jan. 13-17. Featured speakers include Treasury Secretary G. William Miller, presidential advisor Alfred Kahn, Acting Secretary of CommerceLuther Hodges, Jr. and chairman of the Senate Select Committee on Smali Business, Gaylord Nelson. Capitol formation, government regulations and perwork and economic and social questions affecting small business will be considered by delegates. Michael K. Casey, conference director, says the conference comes at a time when manyobserversof social and economic trends believe that small business and the opportunity for Americansto go into . business for themselves are essential to keep America working. A. Vernon Weaver, administratorof the U.S. Small Business Administration says that small business accounts for 43 per cent of the gross national product (GNP). Small business directly or indirectly provides the livelihood of over 100 million Americans, and creates more jobs than any other rt of the economy. Between 1969 and 1976, 14 million Americans joined thecivilian laborforce, and in that scme period nine million jobs were created, During that time, there waspractically no increase in employment among the country's thousand !argest ations, which had approximately 16 million employees both in 1969 and atthe end of 1976. Of the nine million new jobs, three million were with state fee local eal eer andsix million were in small usines: ArthurLevitt Jr., chairmanof the board of gover: nors of the American Stock Exchange is the chairmanof the conference commission. According to Levitt, the major goal of the conference is ‘‘to produce recommendations for administration guidelines and legislative proposals that will affect smallbusiness over the next 25.years.’’ Even before it begins, says Levitt, ‘‘the importance of the conference is thatfor the first time small business people are talking the same languageiin an atmosphere of unity and growing power.” This is the cumulative effort of nearly two years of work by more than 30,000 business people throughoutthe nation. te) meeting results from a May 1978 executive ler by President Carter that ‘set forth and esote the goals of the conference: “To increase public awarenessofthe essential contribution of small business; to identify the problems of small business, including new, small and family el rises; to examinethe status of minorities and women as small business owners; and to develop such specific and comprehensive recommendations for executive and legislative action as may be appropriate for maintaining and encouraging the economicviability of small business and thereby, the nation.” The last small business summit was21 years ago when President Dwight D. Eisenhower organized a cabinet committee on small business headed by Arthur Burns. The committee issued two reports that led to the passage of the Small Business Investment Act and the Small Business Tax Act of 1958. The 1980 January conferenceis structured around 12 issue areas identified at 57 pre-conference meetings as concerns of small business. These are: Capital formation and retention; government regulations and paper work; inflation; international trade; federal procurement; women in business; economic policy development and government programs; minority business development; management and education training assistance; innovation; energy, and veterans. Morethan 50 panelists and moderators drawn from government, private enterprise and trade associations are assigned to various sessions. These include: Treasury Undersecretary Bette B. Anderson on the capitol formation panel; Associate SBA Administrator Bill Clement; Special Assistant to the President for Hispanic Affairs Esteban Torres; Deputy Director of OMBE Martha Mitchell on minority business development; Deputy Assistant to the President for Domestic Policy David Rubenstein; Assistant Secretary of Commerce Lucy Falcone on economicpolicy; Rona Feit, interagency commission on women’s business enterprise. Japan Develops Video Projector TOKYO (UPI) — Sony Corp.. Japan's leading electronic equipment maker, has developed the world's first video cinemascopeprojector that could replace conventional film projectors, the firm has announced. The firm saidthe new system, named the ‘color wide video projection cinesmascope,”’ is designed for use in commercial airliners, theaters and restaurants. The compact projector consumesonly one-fortieth of the electricity needed to operate conventional Closing Stock Market Quotations Wednesday's Closing Prices By United Press international AbbottLab | 39 off 21-8 AdmMill .20 4 3-8 up 18 AlcanAl2.40 47 7-8 up 1 AllegCp 1.08 26 3-4 off 14 AlliedChm 2 47 1-2 off 15-8 Allis Chim 2 34 off 5-8 ee 2.80 55 i. up 38 MAX | 80 Aruna 140 38 AmAirin 40 9 3-4 off 38 ABrand 5.50 67 1-4 off 5-8 Am Can 2.90 34 7-8 off 3-4 A Gyan 1.00 $8 $8 off 138 AMotor 07d 6 7 ANURet 330 8 12off 11-2 AmStnd 3.60 58 off 1 3-4 AmtetTel582 off 18 AMFL ArizoaPS21738 up 3.8 co 1,50 24 1-2 off 1-2 ‘ArmCk 1.10 16 3-4 up 1-4 ASARCO1a36 3-4 off 5-8 AshinOl 2.20 40 off 1-8 AURehf 2.80 78 1-2 off 11-2 Aveo1.20 8 off 134 Beckmn 32 28 1 Bellow! 96 22iaeat118 Bendix 2.84 4 Beth SU 0 234oft 38 Bobbie Brks 3 5-8 off 1-8 Boeing 1.40 49 5:8 off 1 Borden 1.82 24 up 1-8 BorgWr 2.30 35.1-8 off 34 Bris My 1.44 36 3-8 off 5-8 Brunswk .80 12 7-8 off 1-2 Burrgh 2.20 75 3-4 off 25-8 CdnPac .90d 33 5-8 off 14 CatplTr 2.10 53 14 off 34 © BS 280 507-8 off 112 Celanes 3.20 45 1-2 off 1 7-8 Chessie 2.52 30 1-8 off 38 Chrysler Cp 6 3-4 CiiesSv3.60 88 7-8 up $8 CocaCol 1.96 33 3-4 off 3-4 Colgate 1.08 14 1-8 off 1-4 Col Gas 2.44 96 1-2 off 11-4 CmwEd 2.00 20 1-8 up 1-8 Comat 2.30 39 1-2 up 1 1-4 Conoco 1.90 46 1-4 off 1 Dartind 1 80 38 off 1 14 Dayal 180 @12 up18 Dialtl 220 1 tts Disney 72 435-8 off 1 1-4 Dow Ch 1.60 31 18 off 1 DuPont 2 39 5-8 off 3-4 DugneL. 1.80 13 7-8 up 1-4 Eastern Air 7 14 off 1-2 Eodk 2.400 6 24 off 2 3-4 LukenStl 96 13 5-8 up 1 St Brod 1 48 26 StdOCal 3.20 54 i off 218 Std Oillnd 3 77 58 off 1 14 StoklyV148 25 5-8 up1-8 SunshnM 40 37 5-8 25-8 Teledvne tk off? Uniroy os tea ‘0 sot 4 Textron 190 B58 ap 4 TimkenCo rr UAL Inc 12238 ' aCarbide 3.41 3-8 off 5-8 White Motor 5 78 Un Elec 1.4412 UnOCal 1.80 43 1-2 off 114 Un Pac 2.80 71 $4 off 1-2 Woolwh 1 60 3-8 off 3-4 Xerox 2.40 60 1-2 off 15-8 Zenith R609 5-8 off 1-8 NCOMET MidSol 1.58 12 78 MobilCorp 351 3 aff ts58 Monsan 3.40 58 off 7-8 ‘rarevaoeFORM includ ONLY dedicton 040A MtFuel 2.20 28 3-4 off 7-8 Wecandeanytax return, MtStTel 2.32 23 3-4 up 14 Nabisco 1.62 21 off 7-8 Natl Car 72 22 5-8 off1-2 from the short form to the very complex. NUDistl 1.80 26 5-8 off 2.18 ceHie einaiidual NMuceigiadios © Self Employed %12 Great A&P 8 58 Gryhnd 1.04 14 3-8 Gulf Oil 2.25 32 7.8 0 Holly Sugar 46 1-2 off 1 3-4 Hrstk 1.40a 96 34 up 5 14 Honyw! 2.60 79 off 4 14 Idaho P 2.40 21 1-4 up 1-8 IdealBa 1.60 22 58 off 1-2 IneoAa 24 up 14 ig Rnd 3.16 50 3-4 off 114 Indi 2.0 3 12 of 18 oStPw 2.28 22 off 3-8 Northrp 1.80 40 1-2 off 5-8 Nurstirl 0 21-8 off 14 NwBep 1.32 2 3-4 up 14 Olin Corp 1.17 off 1 OutbrdM 70 16 Own CF 1.20 28 3-4 up 14 Owenlll 1.26 20 1-4 PacG E 2.44 PacP L 2.04 18 1-4 up 1-4 Pan Am Air 57-8 off 1-8 Penney 1.76 26 1-8 re introd ¢ Construction . © Partnerships e Salesmen © Retired People tremcone © Corporations Atso in [Sears] OREM—740S. State PROVO—110 S. 500 W. 375-3436 SPRINGVILLE—141 S. Main ‘AMERICAN FORK—5O E. Main NEPHI—86 S. Main PAYSON—80 W. tah Ave. WEEKDAYS 9 AM.9P.M. SAT. 9-5 APPOINTMENTS AVAILABLE BUT NOT NECESSARY Money Market Certificate at FMA Thrift. Have you been wishing you had $10,000 to put intoa Money MarketCertificate to take advantage of high interest rates? Now you can earn big bucks with our $1,000 Money Market Certificate. You'll earn 11.880 %. More than double the current passbook rate at most banks. 11.880%. It’s the same rate being paid on Money MarketCertificates requiring a minimum deposit of $10,000...but at FMA you only need $1,000. Why keep your savings in a passbook at 512% when you could earn 11.880% and beat inflation? Your savings at FMAareprotected by the Industrial Loan Guaranty Corporation of Utah. If you've got $1,000 in savings, compare your current interest rate with FMA Thrift. You could double your interest with a $1,000 Money Market Certificate. And that’s big bucks for small savers. Bigger Bucks tor Big Savers. With a minimum deposit of $10,000, FMAThrift pays 12.630%-"4% higher than any bank or savings and loan in Utah. ‘Effective Jan. 2 through Jan. 8. FMA Thrift Homeof the $1,000 Money Market Certificate Sg January Volume MAIN OFFICE 1979 were abnormally hig) SoCal F 4 14 off 14 South ee as SoPacif 260 Sey ha18 RepuSteel 2 24 off 3-8 Mon Dk 1.80 19 MonPw 2.12 20 is up 18 Motorla 1.40 48 off 3 1-8 Exxon Announces in January 2a SheliOil 2.40 i i 2 off 234 Smithkl 1 44 60 Reynids ind 33 off 1 ReynMt 2.20 32 1-8 off 38 Robrtsn 1.90 30 off 1-4 MrthnO 1.60 48 3-8 off 1 5-8 MarshF 1 24 17 7-8 off 3-4 Ge GnMot4.60a 49 3-8 off 5-8 GenlPort 80 14 7-8 off 1-8 E 2.72 2 of Rockwll 26047 1-4 ot 1 1-8 Ronson Cp 31-4 up 14 Roper(p 901034 off 1.8 RoviD 5 53b 77 5-8 off 114 Earn 11.880% with a $1,000 Company officials said the new system could occ Temains“concerned pha a supply of crude oil and urges consumers continue to con¢ serve in the use ofall petroleum products. Leh Val Ind 1 14 LiggGrp 2 1-2 % off 2 Littonind ig 40 3-4 ote u 12 Lock! 1-4 off 1 LTV Corp 7 748 off ee PennPL2 04 17 5-8 off 1.8 Pennzoil 40 off 418 PepsiCo 1.14 24 1-2 off 3-8 Pfizer 1 32 37 5-8 off 158 Phil Mo 1.25 34 1-2 off 1 1-2 PhilPet 1.40 45 7-8 off 21-8 Polaroid 1 26 off 2 PPGindus 2 28 7-8 ProctG! 3.40 74 1-4 PuS Col 1.60 13 34 up 38 Pullmn 1.80 37 3-4 off 1-8 Ralston 58 10 34 off 14 Raytheon 2 65 14 off 1 34 RCA Cp1.60 22 off 1-8 FOR SMALL SAVERS movie projectors. according to the manufacturer. HOUSTON — Exxon USAtoday announcedthat the volumeof heating oil andotherdistillate productsit expects to make available in January 1980 will be 100 percent of the volume sold in January 1979. This is consistent with the ievei of livineheating oi! the com pany has been making available to its customers in recent months. The volumeof gasoline to be madeavailable by Exxon in January will be about90 percentof the volume the company sold in January 1979. This is generally consistent with recent consumption of gasolinein the United States. Further, Exxon ee Losales of IBMCp 3.44 62 1-2 off 17-8 IntHarv 250 38 5-8 off 1-2 IntPapr 220 3 5-8 off IntlT&T 2.40 25 3-8 off 18 JohnMy 192 23 7-8 off 1-4 Kennett 1.40 $2 3-8 up 7 KeMcG 1.55 65 348 off 23.8 BIG BUCKS replace conventional film projectors in the future because of its durability and low operating cost. Theofficials said the firm has yet to decide the price and introduction period to the marketof the system. CPC Intl 3 98 58 off 1 34 CrownZ 2.10 43 18 off 3-8 CurtissW 80 21 14 Cyclops 88 21 1-8 off 11-8 Member of 1L.G.C. Accounts are protected up to a maximumof $10,000 by Industrial Loan Guaranty Corporation of Utah a private corporation whichis not an instrumentality of the State of Utah or the federal government. 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