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Show .Business r tW7 tr pppwf 7T! f , f y Jt., , i Ye. .. NEW YORK (AP) ..i rfyi jsvw- - 's.'""!. y I . 4 . - t-S.- it, 1R ; g x t 7s $tai'baEsaJL k "jp ; vq tf jj 'fii x rtMfT a , X h V fi , dTS. ,- ' 4- r Christmas time means more shoppers, evident Friday on crosswalk between a York said Friday. Figures on the growth of the nation's Basic money supply, called Ml, normally accompany the bank-loa- n figures. But the Federal Reserve delayed release of the latest Ml results until Monday because of the Thanksgiving Day holiday. The latest decline in commercial and industrial loans compared with an increase of $1,376 billion the pre e Ti ZCMI ibunc Staff Photo bv Lynn R. Johnson Center and Crossroads Mall. But more people also mean more shoplifting. Mall Managers Offer Shoppers Tips for Safe Holiday Season By Frank Brunsman Tribune Staff Writer Keeping a close watch on children and securing packages in parked vehicles are the two most common pieces of advice offered shoppeis Fiiday by officials of five Salt Lake County malls. "When a shopper allows packages and sacks to lay exposed on the seats and floors of their cars it is an even when locked open invitation for a thief to force entry and to take the goods and be gone in less than 13 seconds," said Steve P. Leishman, security director of Crossroads Plaza. The means of gaining access into a locked vehicle vary from lock picks to simply smashing out a window. Mr. Leishman stressed three Never leave small children alone to guard or watch the car and its contents. Dick Flack, manager of Valley Fair Mall said, Hang on to little kids. Parents can get interested in shopping and forget to exercise caution." He said that not only can unattended children become kidnapping victims, but they can also get out of the vehicle and run through the parking lot, exposing them to he risk of other accidents. He cautioned shoppers not to forget purses or other items in stores. Lost children are a serious problem, it was also pointed out by Brent Merrill, Fashion Place Mall director of Marketing. It is easy for a child to get lost in the crowds of close to 40,000 that visit our mall in one holiday season day. The mall office security is there to help, so please dont panic. Once someone is found, it is often a reaction to . tips: Place all valuable items in the trunk. Park in well lighted areas whenever possible. James Rieben has been named service operations manager for AT&T Information Systems services division in Salt Lake City. Mr. Rieben's appointment is effective Jan. 1 when AT&T, in accordivesti-tutr- e dance with of the Bell operating companies, assumes ownership of a field court-ordere- d all Bell customer telephone equipment in the nation. The operation Mr. Rieben is to head will be responsible for product installation and maintenance for AT&T business customers throughout Utah. It will be staffed by 260 employees, nearly all from Mountain Bell. transfers scold a small child when what they need right then is comfort. Steve Naval, Cottonwood Mall, manager, said, 1 would advise shoppers to take extra caution during the Christmas season. Our tenant-owner- s are very responsible to the customers needs. Parking lots and the interior are patrolled by security personnel. Children should never be unattended, he said. Richard Coles, manager of the ZCMI. Center, said, Just use good common sense when shopping. If anything goes awry, shoppers should contact security in Center Court, where a lost and found department is also maintained. Radio contact can h made immediately with shoppers throughout the mall and parking areas. All five of the officials said that people who lose items by not locking their vehicles are victims not once, but twice. They are a victim to their own carelessness on the first part. ten by E.F. Hutton & Co., New York. Each note is priced at $1,000, including accrued interest, if any, from the date of issuance. Special to The Tribune ANGELES Western Airlines is offering $65 million in senior secured convertible notes to raise money for general corporate purposes and some existing debt. Western public relations manager Linda Dozier said the notes, which will pay 14 percent interest, will mature in 1998. She said interest will be payable semiannually on June 1 and Dec. 1 beginning in 1984. The offering is being underwrit week. The federal funds rate, the in loans beterest rate on short-tertween banks, averaged 9 26 percent, down from 9.42 percent the previous week. - The Treasury bill compercent, rate averaged 8.78 percent a week earwith pared three-mont- h 8.81 lier. Member bank borrowings from -Federal Reserve System aver- the aged $688 million, down from $908 million the previous week. Net borrowed reserves totaled $280 million, up from $255 million a week earlier. - by Bruce HAMMONd - agement systems, including voice terminals, premises switching en- About 2,000 people work for Western Airlines at its Salt Lake City hub operation at the city's international airport. NEW YORK (AP) Shares of the old and new American Telephone & Telegraph led the stock market to a modest gain Friday. Trading dropped off to its slowest pace in almost three months as many investors took a long Thanksgiving weekend. The Dow Jones average of 30 industrials rose 1.83 to 1,277.44, bringing its gain since the start of the week to 26 42 points. The average now stands less than 8 points below the record closing high of 1,284.65 it reached Oct. 10. Telephone issues were prominent on the active list, as they have been since the introduction Monday of " trading in stocks of when-issued- the eight companies that will emerge from the breakup of American Telephone & Telegraph Co. at yearend. Eighth of Total The existing AT&T rose IV to 661, while shares of the smaller AT&T-to-b- e gained l3 to 207. Combined volume in the two stocks surpassed 9.7 million shares, accountof all the ing for about days activity in Big Board issues. Among the seven regional holding companies that will take over local telephone service, Bell South lost 2 to 867; Bell Atlantic dropped 3k to 687s, and Ameritech fell 3i to 657. U.S. West slipped ' to 58 i; Nynex V to to 625, and Pacific Telesis rose Bell while Southwestern 54s, ti to 10 One government report this week showed a 3 percent rise in durable-good- s orders last month, suggesting that the economys strong growth in the second and third quarters of the year continued in the early stages of the fourth quarter. Inflation Pace Moderate In addition, the pace of inflation remained moderate last month, with the consumer price index rising 0.4 percent. But brokers said the market wasnt able to generate any great show of enthusiasm Friday in a postholiday session that is traditionally one of the quietest of the year. Advancing issues held a 3 edge on declines at the Big Board. Nationwide turnover in NYSE-liste- d issues, including trades in those stocks on regional exchanges and in the market, totaled 68 28 million shares. Standard & Poor's index of 400 industrials gained .28 to 187.98, and k S&Ps composite index was up .22 at 167.18. The NASDAQ composite index for the market added .80 to 285.49.At ti e American Stock Exchange, the market value index closed at 222.57, up 1.23. 61. One share of each of those regional companies is to be issued for each The Market In Brief New York Stock Exchange Nov. 25, 1983 VOLUME UP 841 57,820,000 0 SHARES I 4-- UNCHANGED 451 o existing AT&T shares. DOWN 601 one-eigh- th Corn and Soybean Traders Reminded of Black Thanksgiving - CHICAGO (AP) It became known as Black Thanskgiving. In 1980, corn and soybean prices had been climbing steadily since when a drought ravaged the crops, and had reached about $9.50 for a bushel of soybeans and almost $4 for a bushel of corn. It was similar to the situation of this year, when a severe drought again damaged the corn and soybean crops. But in 1980, Thanksgiving marked r, Dozier said Western originally filed plans with the Securities and Exchange Commission to offer $40 million worth of notes. But she said demand for the issue exceeded the offering so the firm decided to sell $65 million worth instead. Ms. vious week, the Federal Reserve Bank of New York said. Commercial and industrial loans at major New York City banks fell $10 million in the week ended Nov. 16, compared with a gain of $040 million a week before The bank also reported these indicators for the week ended this past Wednesday: The average rate paid by may certifijor banks on large cates of deposit edged up to 9.39 percent from 9.38 percent the previous Old, New ATT Stocks Lead Trading Western Offering Secured Notes LOS 6 Modest Holiday Cain The Salt Lake operation will include communications specialists who will install and maintain communications and information man- equipment, data products and hanced services. Page B DUFFY AT&T Names Operations Manager L. - Commercial and industrial loans on the books of the nation's large banks fell by $951 million in the week ended Nov. 16, the Federal Reserve Bank of New fcv it - , A j-- Section Fed Reports $951 Million Dip In Banks Commercial Loans 9T PW f 26, 1383 Saturday, November DROP LEAF BEDROOM DESK CHEST 63 25 a sharp turnaround. The day after Thanskgiving. the price of January soybeans fell 20 cents a bushel. The following Monday, it fell 30 cents more. And it fell the next day, and the next day and the next day. The plunge finallly stopped nine days after it started, with beans down to $7.32 a bushel. Traders were reminded of that debacle this month as soybean prices fell once again from the lofty highs they had reached in response $8 70 a bushel until Nov. 11., when 6 Piece 5 Piece BEDROOM DINETTE SET SET RECLINERS 93 to the reduced production. This year, prices peaked earlier, reaching $9 82 in Since then, prices have been moving steadily downward with occasional upward spurts interrupting the decline. Nevertheless, traders were reminded of that Black Thanksgiving" in the days before Thanksgiving this year. Prices had been steady at around prices began falling. Once again, prices collapsed and finally stabilized at around $7.75 a bushel after two weeks of almost steady decline. But traders say there were different reasons for the decline this year. In 1980, the market not only was dealing with a drought, traders were accustomed to said Don Outland, a grain analyst in Chicago with Drexel Burnham Lambert Inc. Along came the election of a new president, Ronald Reagan, with a reputation for wringing out inflation," and the invisible hand" of the market determined that grains were overpriced. But this year, Outland said, the primary factors are a strong dollar and what appears to be a deflationary environment. Price trends this past week for gold, silver and copper the Commodity Exchange in New York fol- hyper-inflatio- ACCENT TABLE $ low. King or Quan WATERBED SHEETS $ 16 Bentwood ROCKERS $ 29 i7 $ For Your Holiday Shopping 1 Bring Your Trucks & Trailers Now! 6 FOOT BOOKCASE 2 NOON to 4 P.M. 1792 South Redwood Road Only 72" In; HALL TREE $ pr' ODDS and ENDS. Nylon VELVET SOFA . . SAVE! |
