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Show SOUTHERN UTAH NEWS - Thursday, March 18, 1882 - Pag Twalva Kaibablnd: Loss Senate Assistant Seeks Congressional Seat Kaibab Industries will report a loss for its first quarter ending Dec. 31, 1981. Net loss for the three-montperiod was $649,000 equal to $.43 a share on sales of This compares $32,841,000. with net income of $82,000 or $.06 a share on sales of $35,473,000 for the first three months of the prior year. A.M. Whiting, President, said the companys losses are directly related to problems in the homebuilding industry. h Housing activity in 1981 may V w w Live ' ! ' - v w the natural way with SHAKLEEF00D ' SUPPLEMENTS CLEANERS SKIN CARE ; For products & infor- mation call You'll be glad you did! 644-544- - hae Les Titus, former legislative assistant and economic advisor in the U.S. Senate will enter the race for the new 3rd Congresional seat in Utah. Titus recently spent 3 years in Washington, D.C. where, as a member of the staff of Senator Orrin G. Hatch, he analyzed problems facing Utah, the nation and all levels of reached its lowest level since World War II. Total 1981 housing starts are now estimated at 1,100,000, marking the third consecutive year of decline. At best, we expect a modest improvement in starts during calendar 1982 with no improvement until the June quarter. Lumber prices declined 12 during the past year in spite of industry production curtailments that approached 50 percent during the December quarter. Declining prices were largely responsible for the first quarter loss sustained by the Forest Products Company. Activities of the Petroleum Marketing Company were profitable during the quarter. Sales increased 12 percent although margins remained tight due to a continuing oversupply of refined products. Kaibab Distribution Company posted a loss for the Quarter on sales that were from the previous year. During the quarter the decision was made to phase Worth out of the Dallas-ft- . building material distribution center. This move will cut off the substantial losses suffered by this division over the past three years. No operating improvements down 25 are expected during the current quarter. High interest rates, the economic recession, and poor weather have combined to severely curtail activity at our mills and distribution centers. Some improvement is possible in the last half of this fiscal year. c '' Ct Sj- government. I am the only candidate with directly applicable experience in Washington and a graduate degree in government," he says. "I honestly feel that I would do a better job than the other candidates and without wasting crucial time learning the ropes in Washington. Titus received his bachelor and master degrees at BYU where he specialized in problems facing state and local governments. While in Washington, Titus was specifically assigned to handle Utah problems that needed legislative attention. During last year's historic budget cuts, his main assignments was the Senate Budget Committee. His responsibilities also included the Banking, Housing and Urban Affairs Committee and seven subcommittees of the Finance Committee, such as Taxation and Debt Management, and Social Security and Income Maintenance. Titus says that he will W u d ki discuss many issues of great concern, but will focus on solutions to six major problems that affect Utahns. First, the lack of new businesses and One study jobs in Utah. claims that Utah has dropped from the top 4 most attractive states for new business to 23rd in 3 years, he says. Second, the failure of Congress to fulfill its responsibility of congressional oversight. A major reason we have an overgrown federal government with budget problems that affect our econis that he says, omy, Congress spends so much time trying to decide where to spend hundreds of billions of dollars that bureaucratic accountability for how well it is being spent is being grossly neglected. To help solve this problems, he would seek a position on the House Government Operations Committee. Third, a weak and cumbersome congressional budget process. According to Titus, "It is insufficient to pursue wise budget resolutions because the two budget com- mittees are unable to enforce their instructions to each direct spending committee. This results in stand-off- s like the one we witnessed between the White House and Congress last year that left the government unfunded for almost two days. Titus would try to join the House Budget Committee and pursue specific changes in the 1974 Budget Act that will streamline and strengthen the congressional budget process. Fourth, lack of congressional will to balance the budget. Titus would pursue a constitutional amendment requiring a balanced budget except in the case of national emergencies. "Many local government officials could go to jail if they fail to balance their budgets. We should, likewise, make it illegal for Congress to spend more than it can raise, he says. Fifth, during his campaign he will stress specific solutions to the social security problem we all face. Sixth, he will also specify solutions he would pursue to help revive the American Dream" of home ownership. "Like the social security problem, the fading hope of home ownership has its most serious implications on younger generations who are poorly represented in Congress, he claims. Titus recognizes that these problems are not easy to solve, but believes that his experience in Washington gives him the direction, purpose, and preparation to serve Utahns. LES TITUS First Southern Baptist Church South Highway 89A- - Kanab v. 2 Mark Bakor-P- Pastor-Re- Sunday School Morning Worship Wednesday - a.m. - Evening Worship 11 7 p.m. s for Car Owners WAREHOUSE CLOSE OUT Radials 9 45 a m. 7 p.m. .. service k VYBias Plys it Recreation Because of the success of this sale we are continuing until April 15 Vehicles have 200 tires - ve will move them ... even below cost. Still fact people have responded so well that wo have decided to add to our solo shock absorbors and batteries. (See below) In Passenger Radials Free replacement of any tire if it fails for any reason daring the 1st 10,000 miles - Every radial tiro has a 30,000 to 40,000 mile prorated warranty. Examples: tY Truck Tires Passenger Radial PI5580R13 $29.90 PI8580R13 $29.90 PI8575R14 $38.90 PI9575R14 $39.90 P21575R15 $43.90 P22575R15 $44.90 P23575R15 $54.90 All tires Truck-R- (BR7813) (ER7814) (GR7815) V 70015 75016 $49.90 $59.90 11R15 $89.90 87516.5 $64.00 95016.5 $69.00 (HR7815) (LR7815) are computer balanced and mounted FREE. We have all sizes. Call us collect 648-232- 2 . Give us your size and ve will give you a price. 3 year Free replacement if the battery fails during the first year. $19.99 $26.90 pair-cas- pair-install- selling tires at cost or even below!!! IV e $28.90 pair-Cas- & h 38 piston & Carry h s c-r- $35.90 carry ed Super H.D. Shocks $39.90 Chevrolet - Dodge - Ford - Most Foreign o pair-install- ed Spring Absorbed Shocks $39.90 pair-cas- $47.90 Steve's Chevron Mt. Carmel, UT 648-232- 2 & carry h pair-install- ed Lifetime Warranty on Shocks We have all sizes: For American Cars, Foreign Cars, Pickups, Vans, RVs |