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Show FRIDAY, DECEMBER 24, 1971 Page Eight Down in Construction During '72 Predicts Loan League THE SALT LAKE TIMES A Bill to Establish a National Voter Registration by Mail Spring Advertising Shows Utah A spring advertising schedule that will reach nearly 40 million readers of 31 major magazines In a Senate speech, Senator tions. Most Home construction in Utah in year. The low point was in 1970 was recently approved by the recently, the 26th 1972 will continue at approxi- when 3,322 loans were made for Utah Travel Council. Cost of the Trank E. Moss gave his support amendment, adopted last June, mately the same pace as in 1971. homes. The record year was ini largely full page, full color space o S. 2574, a bill to establish a extended the franchise to 74 percent national voter registration pro- olds in all elections. predicted Eldred L. Waldron of 1963 when 7,743 loans were will be $205,146 volof the total advertisig budget for gram through the mail. Logan, president of the Utah made, however, the dollar "Less than 60 per cent of the was more ume than The history and tradition of Loan $50,000,000 and fiscal 1971-7League. Savings voters in the United All time records in the dollar less than the volume in 1971. Three major ads, four specific his great nation is one of ever qualified States actually register and volume of home loans has been Taking into consideration the ads on Utah activities and one expanding extension of the prin- voet. In 1968 more set by Utahs insured savings loans made in Utah by savings ad each for Utahs nine multi-rount- y ciples of democracy. Step by step cans failed to vote adult Amerithan did vote. and loan associations in 1971. and loan associations during the promotional regions make ever since the founding of our Forty seven million Americans Through October $172,646,527 past 12 years, related outlays, up the schedule. republic, we have proceeded to did not vote in the has been furnished for loans. and the multiplier effect of four, The three major full page full eliminate the restrictions and election and betweenPresidential 27 and 35 Mr. Waldron said the coming more than $2.3 billion has been color ads feature one of three barriers to voting, to participa- million of these not regiswere year will see net savings gains contributed to the states econ- cutlines: This is the Place, or tion in the political essentials of tered. with the associations increase at omy by the associations. Utah, the Good Natured State our way of life. a slower rate than they did in The 15th amendment, adopted is The great paradox of our times and On a national scale savings Utah, the One of a Kind 1971. This past year saving gains and loan associations rank the State. in 1870, guaranteed the vote to at that while millions of citizens set an all time record. Through third largest on the roster of the The four specific ads deal with ciitzens regardless of their race ciesodds with basic national poliare struggling for more acOctober the net gain was nations financial institutions, camping, trailering, river run-ni- g or color. The 17th amendment, tive roles in public decision makIt is estimated that for however, they are No. 1 in mortand Utah history. All ads in- adopted in 1913, provided for ings, participation in the process a 12 'month period the net gain gage lending. They currently clude return addressed coupons. the direct popular election of continues to wane. million. be will nearly $103 make two out of three of all Interested readers may clip the Senators. The 19th amendment, should In 1972 savings gains The registrtaion requirement home mortgages in the United coupons and send back for fur- adoped in 2920, extended the reach nearly $50,000,000, said States and carry more than 75 ther information from the Utah franchise to women. The 23rd of voting were supposed to preMr. Waldron. cent of the mortgage load. Travel Council. amendment, adopted in 1961, ex- vent fraud and to insure the per assets in What has the growth National Geographic, Good tended the franchise to citizens integrity of the ballot. They have Savings and loan associations of Utah savings and loan associ- in the U. S. have accumulative Housekeeping, TV Guide, Sun- of the District of Columbia in been more successful in ations from $228.7 million at the assets of over $200 billion and set, Glamour and Sports Afield presidential elections. The 24th citizens. There is a end of 1959 to $744.9 million in continues to finance homes for are among the 31 national maga amendment, adopted in 1964, great need for a simple, expedilate 1971 meant to Utahns? more than one half the popula- zines the Travel Council selected abolished the poll tax as a con- tious means for qualified appliIt has meant home ownership tion of the United States. dition of voting in federal elec cants to register. for its schedule. for thousands of Utahns. Lee Jorgensen, director of the 0 In the past 12 years over Utah Travel Council, states that made been have Utah Savers new loans "Out of state advertising takes for dwelling units totaling over up a considerable portion of our Receive Over $22.4 $1 billion. At the end of October yearly budget. We believe the 1971 there were 42,399 loans Million in Interest magazine selections made this still outstanding. Over $22.4 million will be year will give us maximum exBased on an average of 3.5 posure to people most likely to William D. Oswald, Secretary coming from the Federal Govpersons to a family in Utah, this paid in interest and earnings to travel to Utah. and savers 1971 in Legal Counsel for the Utah ernment. by Utahs insured means that the savings and loan for ad The campaign spring Transit Authority, was recently Along with the purchase of six business is now providing fi- savings and loan associations, the summer tourist season begins informed new of the to L. Eldred air -- ride by Department Waldron, nancing for homes for $148,397 according in ends and in April cost busses a February the at Utah that of of the Utah Transportation $198,000, the Logan, president men, women and children. Council received and Transit Travel The has been Transit Utah and Loan will be League. house Authority to Savings "That's enough homes Authority a record 390,000 in processed a housed new in additional $226,855 facility by late Mr. Waldron said this record the entire population of Ogden, granted and fiscal 1970-7- 1 for Governfunds March. quiries the Federal new This by facility will Provo and Logan and then some, amount of interest and earnings exceed 410,000 in- ment. to expects most contain the washmodern is the result of more money be Mr. Waldron said. fisca current the for cost net of the ing and cleaning equipment The project During the past 12 years the ing saved at associations by the quiries Fed- available. All totaled, the Auperiod. Transit Utah Authority number of homes financed by Utahns and the high interest and contract at this time totals eral thority has invested over a half Utahs insured savings and loan earnings rates paid on savings Aid New Business to Of total this cost, million dollars in improvements $1,361,129. associations varied from year to passbook accounts and savings Seldom does a week pass tha only $453,710 has been derived in the bus system in the last calcertificates. Industrial Promotion from local sources, with $907,419 endar year. There are now over 175,000 the Utahdoes not receive an in Division Over $9 Million savings accounts in Utahs inprocedure for startsured savings and loan associa- quiry on the Lee Jorgensen, director of the business in Utah. The Skiers View a new Listed Sales of tions. That is equal to one sav- ing idea a has Utah Travel Council, says, good account for every 1.7 fami- caller generally ings Bonds Were pleased with the excelGreatest Snow Savings but is not aware of the finan lies in Utah. lent response our display has cial procedures required. To fa On Earth November Savings Bonds sales net savings gain by the cilitate The start-uDivision the generated at the ski shows. We are continuing at a brisk pace end of 1971 is to reach has show Over ski visitors believe these shows provide one 400,000 expected published a folder called were shown throughout the county and state, SI 03 million, an all time record of evidence of our best opportunities to meet Utahs Guidelines for New Business according to word received by for one year. That is nerly Snow on Earth this people sincerely interested in A Suggested Check List Prior to Greatest Salt Lake County volunteer for one That is approxi- Loan how Thats visited skiing Utah. year. many year. Bonds Chairman Henry J. Rig Application. three times the previous shows in five which the the Utah mately According to John J. Leete, gert. net for record award Councils savings gains year winning of the Utah Division of Travel Salt Lake County sales for No- in net gain was Director when the was en- Winter Leaves Seasons 1963, Four lendDisplay most Industrial Promotion, vember came to $827,430 which This he said. $34.3 million, re- tered. Down brought the 11 month sales total means that Utah's 1971 gain over ing institutions in Utah will Unemployment in shows factual amount We of attended ski a certain to $9,244,236. Severe winter continued to base will be more than 26 per quire before they will con- Los Angeles, Chicago, Detroit, take its toll in information Kane County whose volunteer to the national separations sider a substantial loan to a pro- New York City and Boston, during the week job Bonds Chairman is Mrs. Karen cent, compared Decemended asaverage for savings and loan The says Travel Council publicity ber 11. Alvey of Kanab continued to sociations of nearly 19 percent. spective new business. lead the counties in achievement money is available, Leete said, specialist, Robert Soltys. Each New unemployment as repreand loan to savings According but many applicants are not show averaged slightly over 0 sented by of the 1971 Bond sales quota with initial claims for unattendance. 139.2 percent. A total of 10 coun- leaders, the increased savings prepared when they ask for a employment benefits, totaled the walk-thr- u ties have now attained 100 per- gain has provided ample funds loan. reports Soltys 1,924 for the compared to Leete said that most financial ski display was an attraction at 1,657 the weekweek, cent or more of their quota: We- for mortgage loans to qualified and 1,390 institutions will require a pre- every show. In Chicago it was for the week ofbefore, ber, Davis, Summit, Uintah, Juab home buyers. December 12, a Millard, Carbon, Grand, Wayne During 1971 it is estimated pared balance sheet showingre-a judged best display in its cate- year ago. and the aforementioned Kane that Utahs savings and loan as- list of assets, liabilities and gory. In Los Angeles the Utah Continuing claims, also weathe sultant net worth. They will also an will sociations in second won and provide County. place display er affected, took a sharp jump State-wid- e record of $180 million for likely ask for a projected state-ime- Detroit, New York and Boston Bond sales for Nothe week ended Decemof operations, income and the ski exhibit took third place during vember totaled $2,315,319 and mortgage loans. Most of which ber 11, from 9,817 for the week total came to are for home loans. expenses for the first year of op- honors. the before, to the current weeks eration. $25,618,419 or 93.5 percent of from and total of 10,671. personnel Soltys The complete check list is American the 1971 Bond sales quota. distributed Airlines made available thru But available from the Division at over 55,000 pieces of literature Utah jobs Nationally sales of Savings employment security ofNumber Two, Arrow Press Bonds rose in November and during the five shows. Included fices continued to hold up ree Bond holdings reached an Square, Salt Lake City, Utah in the free literature were the markably well with 1,013 offer84101. high. E Bond sales alone Travel Councils Ski Utah Fact ed during the week just ended, came to $437 million, the highest to 573 for the same in Book, American Airlines "EndNovember sales since 1945, while Many leading breweries are less Winter and brochures of compared 1970. now shipping their product in the Utah ski areas and lodges. H Bond sales, at $20 million, barrels made of nickel stainless nearly doubled last Novembers William Pulsipher, whose parAt the request of American steel as evidenced by the fact figures. beents is live at 1543 Barcon Road, display that some 550 tons of stainless Airlines the Utah the County Bond buyers were recently was promoted to caparc being consumed in this ap- ing featured in at American again reminded that free colorful John F. Ken- tain. He is serving as a platoon terminal plication annually. The advan- Airlines gift envelopes are availableSav-at International Airport. The leader with Company C, 1st Batinclude nedy protecstainless of and that local tages banks, their the 172nd Infantry tion of product purity, cleana-bilit- y exhibit has been displayed since talion of 60lh ings Bonds make the ideal gifts Infantry at Fort and high strength in the Dec. 1 and will remain standing Brigades for almost any occasion being Techmatic by Gillette. Richardson, Alaska. until Feb. 20. light weight barrel. "the present with a future. 18-ye- ar 2. $86,-835,89- 0. disin-franchisi- 65,-00- Utah Transit Authority Granted More Funds by Government ed, Utahs p, -- 80,-00- all-tim- nt year-to-da- te all-tim- Get the razor that getsjhe Nubs. n ng |