Show Bn§in gait gakc gft ibuuc Ije Monday Morning — June 27 1988 Section D Page 8 r 1 i 7 - I Ms Perine Mr Shannon JbiJl: Mr Eddington Mr Larsen Mr Curtis Mr Gillis Mr Witcher Madsen Ms Area Tradewinds 1 1 jr X ""ft V ' 1 - Murphy's Law Awry? Sound US Economy Defies Skeptics' Logic Frances A Perine has been named human resource supervisor at Val-te- k A ten-yeValtek veteran Ms Perine was accredited as a professional in human resources by the Personnel Accreditation Institute in 1985 She is a board member of the Personnel Association of Central Utah and a member of the American Society of Personnel Administrators Han Shannon has been named HELP Development Manager at 3M Health Information Systems He was formerly business planning and development manager in the company's marketing department Mr Shannon has 20 years experience in the healthcare computer field with an emphasis in system development product management and strategic planning He was formerly senior vice president for Knowledge Data Systems a Salt Lake City provider of hospital patient care systems He joined 3M Health Information Systems in January of this year John E Witcher has been named director of Hercules Aerospace Bacdichus Works' material-acquisitio- n vision Mr Witcher has taken over the responsibilities of Roger Blod-gewho has been selected to head the Hercules Aerospace Missiles Ordnance & Space marketing and proposal efforts to win the Space Shuttle advanced solid rocket motor Mr Witcher came to Hercules in January from Weber Aircraft Calif where he was director Video of operations control West has announced that Tim Nelson has been named executive producer in charge of film production Mr Nelson began in the film and television industry in 1977 with Sunn Classic Pictures and has spend his past years at Video West Investors Buy Sherwood Hills Resort Farm Costs Increased 6 Percent During '87 Agency Reports Two new account executives and a project manager have been appoint ed to the staff of STS Productions a division of Skaggs Telecommunications Service Dennis M Eddington joined STS as an account executive Previously he was a sales representative for Sealed Air Corp Gillette p Personal Care Products and Laboratories Born in Glen-dal- e Calif Mr Eddington is an alumnus of Brigham Young University and Saddleback College Rick Larsen joined STS as an account executive from the J P Michael Co in Burbank Calif where he was executive vice president for entertainment He was formerly director of Entermarketing for Donny Osmond tainment in Irvine Calif- - and held the same position with Alden Butcher Productions in Hollywood He is an alumnus of Brigham Young University Deborah Madsen has been Win-thro- 3 LOGAN Utah (UPI) — Logan taurateurs John Booth and Shirl resMc- Kay and Sherwood Hills Golf Course manager Mark Ballif have chased the financially troubled purSher- wood Hills Resort The three men Wednesday announced completion of the purchase from Deseret Federal Savings and Loan which took full control of the northern Utah resort last December Terms of the transaction were not disclosed named assistant project manager at STS A 1987 University of Utah graduate in mass communications Ms Madsen served internships as "Newsbreak"' producer with the University's cable television station Warren Curtis has been named director gas supply and Matt Gillis has been named manager gas supply in the Gas Resources Division of Northwest Pipeline Corp Mr Curtis joined Northwest in 1979 serving as manager land and price administra-tiQ- n before his promotion He holds a bachelor of arts degree in finance and an MBA degree both from the University of Utah Mr Gillis joined Northwest from Phillips Petroleum Co where he served as gas sales coordinator at its Amarillo Texas office He holds a bachelor of science degree in chemistry and microbiology and an MBA degree both from Brigham Young University The resort was forced into foreclosure in the early 1980s following the bankruptcy of developer Grant Affleck Affleck was later convicted of fraud in connection with a multimile lion-dollar scam and sentenced to 10 years in prison Deseret Federal obtained complete title to the resort six months ago when there were no other bidders at a 1st District Court auction of the property The new owners said they hope to resort lohave the entire 1000-acr- e cated in the Wasatch Mountains about 15 miles south of Logan open by July 15 The golf course is open They also said they plan to begin expansion of the golf course to 18 holes within the next year and plan to remodel and refurbish the restaurant and sports complex this real-estat- by Bruce Hammond Duffy REAUV PUFFY USE t 60 UP AMP WSUnnK COTTAGE! IT1L PO SOU GOO? ! f If y Y I fvo A BREAK JfSSIS- - SOU THMc TOPWUNtNG A CHAT WITH I WITH NATURE" IS60IN6TD I I A CHIPMUNK PERHAPS ?? n n HOW A&XJT I APUNCHIW J THE £N10flP Buy our new mobile phone and set a fiee hands of pair ' tt Bur-ban- k lf Farm production costs in the Region were $83 billion in 1987 up 6 percent from the year before the Utah Agricultural Statistics Office has announced "Expenditures were higher for all major categories except livestock purchases which were down 40 percent and interest which dropped 6 percent" state statistician Delroy Gneiting said At $19 billion "farm services including rent was the largest 1987 expenditure accounting for 23 percent of the region's production expenses" he said Feed expenditures were $839000 up from $770000 in 1986 he said Nationally total farm expenditures were $1101 billion in 1987 up 39 percent from 1986 By Chet Currier AP Business Writer NEW YORK — Murphy's Law may never be abolished but it appears to have been at least temporarily suspended for the benefit of the US economy The proposition that "whatever can go wrong will go wrong" seemed an apt one for followers of economic affairs over the past couple of decades Recessions alternated with outbursts of inflation until the two evils finally came together in a phenomenon that was dubbed "stagflation" When a long period of growth finally arrived in the 1980s it had to be financed with huge deficits in the federal budget and international trade Then the stock market crashed But in 1988 for a change the surprises have been almost entirely on the positive side As midyear approaches there is little sign of any of the woes that many pundits were forecasting at New Year's "When the year began it appeared that the challenges facing the global economy would prove too difficult to overcome without a serious slowdown if not an outright recession" observed David Resler chief economist at the investment firm of Nomura Securities International Inc "Avoiding that unhappy outcome would require robust growth in foreign demand for American goods plus an adequate expansion of manufacturing capacity so that both foreign and domestic demands could be 2 pot o°s JK IT 4F 1 sale roses nss oAar interest-rate-sensitiv- UlvJ THE OLD WAY sec- e LjpX iJ v THE NEW fmn &a 1 m Sibber WAY MM l n M cultivator weeder crumbier 9949 If 0)99 749 B£99 Interchangable handle $399 (not included) hybrid teas climbers floribundas grandifloras minatures shrub roses 1000's from which to choose reg from 399 to 1999 -- Ohtho BUGGETA Snail&Slug Pellets :50ff all at 9 1987 d tors particularly housing and consumer spending are stronger than they would have been had rates not declined earlier" Don't be fooled by all this say the pessimists If the alarms sounded by the crash for the federal budget and the machinery of the markets themselves continue to go unheeded they warn more big trouble is likely What's more they add Murphy's Law applies particularly when people get comfortable and complacent and think the times are going well Still it may be possible without tempting fate to add a new corollary to Murphy's Law for economic purposes: Every once in a while unaccountably and when least expected something will go right ished foreign capital flows would be forthcoming "There were few optimists about the prospects of meeting those lofty goals But the facts now seem to indicate that the US economy is getting just that mix of growth" The big surprise of course is that things have gone as well as they have in the wake of the biggest stock mar i 10-1- reg 1599 ber In addition Resler said "consum- add a touch of the mountain to your landscape sale just-issue- er spending would need to increase only moderately so that the additional savings needed to replace dimin- mugo pines dwarf shrub pine reg 699 "Economic performance during the first half of 1988 got a helping hand from the stock-markplunge last October" economists at Merrill report Lynch say in a "That event jolted financial markets and the financial sector is still shaky But the liquefication of financial markets that occurred after Oct 19 and the resulting decline in inler-es- t rates supported real economic activity as 1988 began rates are "Even though short-terback to where they were in Septem- prices" specials pot ways satisfied at reasonably stable ( planting 1 ket drop ever last Oct 19 The collective vision of stock investors and traders is supposed to be pretty sharp When the market takes a big dive government policy makers business planners and lots of other people pay close attention But eight months after the fact whatever calamity the crash might have been foretelling has yet to make its presence felt outside the securities industry itself The manufacturing economy is enjoying a boom in exports and consumers haven't gone into hiding In fact the passage of time has given increasing credence to the strange idea first advanced by a few observers in the midst of the commotion in 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