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Show Page 283—-THE HERALD, Provo, Utah, Sunday, November 8, 1981 Business Livestock And Produce Warren T. Brookes Stable Families Aid Economy re Omaha leone As congressional focus shifts from economic issues to the so-called social agenda, it seems likely that President Reagan's conservative coalition will display gaping cracks. Tobe blunt, mosttraditionallibertarian - conservatives wish the whole question of social issues would go away. They see a fundamental dichotomy between freeing up the economy and tightening up on morality. As one of them argued to this columnist recently, ‘The way people chooseto live their lives, with or without traditional family relationships, has nothing to do with the economic health of the nation.” Unfortunately, he could not be more wrong. Not only is the family the basic socialunit, it is the most fundamental economic institution as well. Indeed, it can be argued that future trends of family formation are the most dynamic economic forces in society, the key to work, consumption, savings, and investment. half as muchastraditional couples. In other words, being married spurs greater work, more achievement, and more economic produc: tivity. It should not be surprising that as the American family has begun to break downover thelast decade, the nation's real income and productivity have fallen with it The percentage of married households grew steadily during the 1960s — and median family income (in real dollars) grew along with it, both for blacks and whites. But, during the 1970s the family unit began to wane, as the percentof those living as married households fell from 73 percent to 66 percent, while female - headed households married in 1970 to only 52 percent in 1980. This shocking breakdown in traditional black families is the primary reason for the two-million person rise in black povertyin the last decade, after such stunning soared morethan 50 percent, grow- parts — with real incomes rising ing twice as fast as all households. Since female - headed households, like unrelated single men, earn on average about half as much income as traditional male - female married families, it is not surprising that median family income, after growing a whopping 37 percent in the 1960s grew only two percent in the 1970s — as the nation’s divorce rate shot up from 10 percentofall womenin 1965 to nearly 23 percent in 1980. This family breakdown has been particularly devastating for black Americans, whose traditional family formation, after rushing forward in the 1960s, fell apart in the last decade, dropping from 64 percent The best proof of this is cited by George Gilder in ‘Wealth and Poverty,’’ where he points out, “divorced, separated, and single men ofall races work 20 percent fewer hours than married men, and even with the sameage and (professional) credentials bachelors earn less than 60 percent as much money as husbands ..." And, female headed households earn less than Both Gilder and Sowell point to the It may surprise both blacks and whites to know that when you compare traditional families (husband wife - children), blacks in 1980 earned 90 percent of the median inof comparable whites, experience of Japanese - tb 1.50 lower: over 475 Ib steady No 1-3 300-475 Ib 96.50-97.00; No 2:3. 475-600 Ib 39.00. Cat le 7,600; not enough of any slaughter clas to establish Americans and black West Indians, whose median incomes exceed those of white Americans in all comparable situations — principally because of their stronger family progress in the 1960s. come OMAHA (UPI) — Livestock Hogs 3,700; fairly fore % to 50 lower; No 1-2 200-240 Ib 42.50-43.00; some less uniform 28-240 Ib 42.2542.50; 240-250 Ib 42.00-42.25, No 1-3 250-260 ib 41.50-42.00, 260-290 Ib 40.50- earnings of black and white males of truly comparable family background and credentials completely disappears. tra ties Thus, strengthening the familyis fundamental to economic progress up dramatically from 71 percent in 1970. In other words, the black nuclear family made far morereal economic progress in the past decade than their white counter- for all Americans, and especially for blacks. As Harvard Professor Martin Kilson (himself a black) argues in the PUBLIC INTEREST QUARTERLY (Summer1981), the most important factor in black poverty is ‘‘the seemingly endemic incapacity of (female-headed families) to foster social mobility comparable to husband-wife and nearly 30 percent. But, becauseof the enormousrise of female - headed black households, the average black household steadily lost ground in the 1970s, with median black family incomeactually falling by 5 percent. Thus George Gilder and Thomas Sowell can now argue that the biggest reason for black poverty today is not discrimination but sociological break-down in family life — too many single men and female - headed households. Gilder says, ‘There are proportionately twice as manyblack as whitesingle men. If the differences between blacks and whites are corrected for male-headed families.’’ He points to the ‘‘enormous expansion of female - headed households during the past two decades,”’ from about 25 percent of black families to more than 40 peréent today, as the principal reason for persistent black poverty. While Americans rightly may shudder at the more draconian aspects of the conservative ‘‘social agenda,”’ nevertheless restoring the stability of the American family is as vital to our economic health as productivity itself. (Heritage Features Syndicate) marital status, the gap between the Sheep none aa wage’ to workers on Federally-funded projects?” In response, 89 percent of those who answered the poll favored repeal with only 11 percent opposed to it, In the second issue, Small Business Council members were asked: “Do you favor or oppose requiring investment firms to keep a reserve deposit for money market funds as banks and savings and loans are required to do?”’ The responses to this question were more evenly divided. Forty-seven percent of the respondents werein favor of the reserve requirements while 53 percent were opposed to them. Thisissue closely parallels the one raised in the Utah Legislature last year and which will probably surface again in January, according to Council officers. The third question was, “Do you favor or oppose state legislation which would prevent municipalities from imposing business license fees based on gross receipts?”’ In response, 70 percent of the Council members favored such legislation while 30 percent would be opposed to The last question concernedanissue in which the Council has been very involved recently — Utah's unemployment insurance fund. As a result of study on the issue, the Council asked its members if they would support an official Council position to revise the current law. The question was: “Do you favor or oppose revising ye Payson Dentist Gets Selling price, fabricated 449.66 off 0.27 per troy Butter and Eggs §Pon ounce CHICAGO (UPI) — Bulk selling prices of butter and Metal Prices eggs as reported by USDA Friay Butier: Prices paid to deliv- NEW YORK (UPI) — ery unchanged; (92 score) Friday by the pric Amer (UPI) — Market, authoritative metals — f= YORK (UPI) — Handy ae 2 =n white rriet 3.90 andNEWHarman Friday quoted silver at $9.12 per fine ounce up ‘No. 8 Barley5.65 owt up .05 Arrivals: Seven cars all Producers 36.00 c Ib; U.S. non ( oRTS YOOBR Ry Utah's Unemployment Insurance program by basing an employer's rate by lowering the maximumsalarylevel on which the tax is figured?” Council members favored the TRAINING {n all areas from Basic Obedienca, Poison Proofing, Problem Dogs, to Attack On Command. FROM $10.00 PER DAY(Includes Boarding). Weguarantee ourtraining. Doberman Pinsher, Rettweiler, German Shepherd and Trained Dogs For Sale. GROOMING: 2 full-time, all-breed groomers. measure 94 percent to a six percent margin. According to Council President David L. Tomlinson, spokesmen for the association have already testified before a state advisory council and before a joint Business and Labor Legislative subcommittee. “We're still working out the details of our proposal and we hope to meet again with State Unemployment officials and Advisory Board members,” Tomlinson said. BOARDING: Indoor-Outdoorruns. 24-hr, supervision. K-9 CONNECTION 1280 East Stat e) B. ROOSEVELT GRIER C. FRED DRYER EL. BD SA V1 G94 JEMgUe ————T uy Nor shall there be any sale of the Bonas «the Secures Jaws of such junsdiction $8,820,000" Zions Utah Bancorporation Project Floating Rate Industrial Development Revenue Bonds Series A 1981 DR. PIERCE GOODMAN A COPY OF THE PRELIMINARY OFFICIAL STATEMENTIS AVAILABLE BY CALLING (COLLECT) OR MAILING COUPONTO THE OFFICES LISTED BELOW. E.F Hutton & Company Inc. amongstate employees. Buthe said the private companies manytimesfail to provide goods and services on time, and sometimes don’t deliverat all. The legislative auditor recently checked 36 out of hundreds of private contracts let by Utah agencies. Kenney said he found the state lost $450,000 on those 36 contracts alone because the private firms failed to perform as promised. 2343 Washington Blvd. 455 North University Avenue Suite 212 Provo, UT 84601 Salt Lake City, UT 84111 (801) 322-4711 (801) 627-1710 Mgr. Elwynn Olsen (801) 377-6757 Mgr. Ray Edwards Mgr. Don Stevens OgdenCity Mall Ogden, UT 84401 Hotel Utah ligt alt oin 0 Collectors! City, (@01) 583-1360 Mgr. Nick Bapis We now have $20, $10, $5 and $2.50 goid coins at the lowest prices in 12 months. The Authority has prepared a Preliminary Official Statement which contains importantinformation about the Bonds which should be considered before any investmentdecision is made. © Uncirculated condition @ New shipment © Large selection BUY NOW WHILE THE PRICE IS RIGHT! UTAH GOLD & SILVER EXCHANGE 140 West 800 North — Suite 0 Orem, Utah 84057 226-7251 Open 9 a.m.-5 p.m. Mondaythru Friday Week of November 16, 1981 “Amount subject to change Pleasecall your securitins dealer or the firms listed abovefor further information on this issue. | | | | | Please send mea free copy of the Preliminary Official Statement regarding the $8,820,000issue of West Valley City, Utah,floating rate bonds. i ae Adress Cty | \ HomeTelephone ee= ice” ) 6.00 ¢ Ib. ‘i Magnesium, ~ per cent, Engelhard Corp. quoted a price for industrial silver ye99.9 ber cent DENVER (UPI) — Grain base regular 70.00 of $9.07 up $0.04 and a Prices Friday, Nov. 6, 1981 silver products of eeu, 420 004900076 No. 1 hard winter wheat 3.85 fabricated $9.758 up $0.042 u iNet electrolytic cathodes, No. 2 yellow corm4754.80 {0 Port Colborne, Ont., 380 Cw No. 3 barley 3,804.85 cwt Gold Prices "Palladium, N.Y. Am. Met Mkt taser $74.00-476.00 per NEW YORK (UPI) — Fo oj Denver Produce reign and Domestic gold prices troy Platinum, Soft, 99.5 fine, DENVER (UPI) — Potatoes quoted in dollars per troy ounce producer 4475.Go; dealer: approx., 19.00 per troy Morning fixing 427.75 off 0.75. ounce. Zinc, prime western, U.S. Afternoon fixing 428.25 off 46.75-50.°0 RoundReds 2% to 3% inch ¢ Ib, 13.00. 50 Ib. 7.00, 201b. loose 9.2! 5 wheat expects to issue shortly Legislative Auditor Urges Tighter Conteact Control Gold Coi Engelhard, base price for refining settling and unfabricat- WESTVALLEYCITY (UTAH) ticing for the past two years in Tucson, Arizona. Prior to attending dental school, Dr. Goodman attended Brigham Young University and graduated from the University ofArizona. Offices for Dr. Goodman and Dr. Coburn are located at 11 N. 400 W.in Payson. Dr. Goodman and his wife Sharon are the parents of three children and are currently residing in Payson. Kenney said Wednesday that state government agencies often contract with private firms in order to save moneyorto tap expertize not available Handy and Harman 428 25 off 0.25 Begs: Prices paid 06 Selvecy publication Aluminum, prima 5 per to retailers Gent plus pure, ve 76.00-80.00 Ib. $0tb ae ehIestia ‘Antimony, ides refined Under 11 protein wheat 3.82 76%; ee et in ally. 4400 bu. up .02 Copper, sect delivered No. 11 protein 3.90 bu. UNCH. US, 81.625-84 tb. Silver Prices on,US Utah on its actual employment history and School of Dentistry and has been prac- private businesses. Frankfurt 430.04 off 0.96 Zurich 428,50 unchanged New York Interested inTax-Free Income? Payson — Dr. M. L. Coburn, longtime resident of Payson, recently announced the appointmentof Dr. Pierce H. Goodman as an associate in the practice of general dentistry in Payson. Dr. Goodman is a graduate of the University of Southern California SALT LAKE CITY (UPI) — Legislative Auditor General Mont Kena says Utah agencies could save about $400,000 dollars per year if they kept tighter control of contracts with 15.50. few 1650: 80 Ib cartons 60s 11.25, 70s 11.00-11.25, 80s-90s 11.00-11.25, 100s 9.00, one lot 11.25, 1208 9.25. ne Preliminary Otfcial Stat ent constitutes an offer to sell oF the solicitation of ah ofte y jurisdiction n which such offer solicitation or sale would be unlawlul prior to registration or quaiitica Colleague for Office Paris (free market) 431.61off 3.57 Russets 10 oz. minimum 14.00- GradeA 148. 40N: (98 score) Grade AA 1 52441 B04 rere. OGDEN, Grain prices Friday, Nov. 6, 1981 Small Business Council Gives Survey Results SALT LAKE CITY — Utah Council of Small Business President David L. Tomlinsonhas releasedthe results of a survey of the Council's membership concerning two state and two federal issues. The Council regularly surveys its membersvia its publications concerning issues important to small business. The first issue dealt with the controversial Davis-Bacon Act. The Council’s publication posed the question: “Do you favor or oppose the repeal of the Davis-Bacon Act which requires contractors to pay the ‘prevailing US No. 2s 2.00, film bag 5-10 tb. baled 6.00; Centenni<! film bag baled 5-10 Ibs. non-A 5.50, Hib. US. 28 loose 2.00. Idaho ——— ; _—State_ =e _________ Business Telephone Meee eee ee a eee ee es le oe elo ae me Bo ie ie a ene a ret ee gw |