OCR Text |
Show JUNE 8 1970 OIL & MINING JOURNAL PAGE 5 Weston & Co. sees j J reopening as result of merger Weston 1 Vobdi? 00 Gffloay Continued from FttgC 4 Dear Mr. Turner: First of ail, you have to consider what a life insurance dividend really is. It is not a share of the profits of the insurance company; only the stockholders in a stock life insurance company receive real dividends. So if a life insurance dividend is not a share of the profits, what is it? Actually, a life insurance dividend is the return of part of the 15 to 25 overcharge that was deliberately made in figuring the amount of "par" policy premium. Premiums on participating " life insurance policies are made higher than necessary by insurance company executives on the grounds of conservatism, " the explanation given is that the overcharge will be refunded later in the form of a dividend. " insurance policies are much . Premiums on more closely figured, since their premium rate will be fixed for the entire life of the policy. The actual cost of a participating " policy can and does vary widely from year to year, depending 'upon the dividend treatment given to the policyholders by the non-participati- company officers. Theoretically, the cost of comparable insurance in a participating policy should be the same as that of a policy. In actual American practice, this is not true, for the policies consisently show an advantage in lower cost. ng non-participati- ng I never met a man I didn't THOUGHT FOR THE WEEK: like Will Rogers ITS YOUR MONEY" appears weakly in tha Rocky Monntiin Oil ft Minini Journal. If you haw a question, write: Richard Blackburn, Lai Vapi SUN PTO. Box 4275, Lai Vega, Nov. 89108 & Company's president W. David Weston, says tHe firm hopes to reopen its brokerage offices in Salt Lake Gty, Provo and Las Vegas early this week. Opening will be on the basis of its acquisition by Unity Capital Corp. of America, Newewport Beach, Calif. and Unity Weston Mr. president, Don have announced Capital's Berliner, Mr. Berliner emphasized that the pit was capital attrition, not profitability, that had caused Weston to suspend operations. We think Mr. Weston is a good manager. Were happy to have him as part of the team. It was the kind of trapany firm could have been caught in during this market decline. He noted that back office operations of Weston are clean Unity Capital, which claims $4.5 million in assets, is involved in insurance, mutual funds, real estate syndications and financial programs. Mr. Berliner said Unity would beef up Westons capital position with an infusion of treasury bills more than adequate to meet SEC requirements. FINANCIAL FORECAST 337 So. Main St. Salt Lake City, Utah STOCKS - BONDS - MUTUAL FUNDS WE MAKE A MARKET IN THE FOLLOWING STOCKS: Blue Mountain Mercury Metali Classic Mining MicroBiological URBCO Ebony 09 Orders executed on all local (801) Over-the-Count- er Stocks 5217140 People are depending on The stock exchange basis will your money. Don't disappoint them by upon the dependent spending it all TAURUS April 21 thru May 20s, Brokors. Undorvrritors. You may Kings River Mineral Company OFFERING PRICE: $0.03 PER SHARE Copies of the offering circular may be obtained from the undersigned only in states where the undersigned may legally offer these securities in compliance with the securities laws thereof. BONNEVILLE SECURITIES, INC. Salt Lake City, Utah (801) 32- 2- 3515 601 Kearns Bldg. receive unexpected wealth from a source very remote from your mind. It is the chance you, have been waiting for. & Companios GEMINI Wo May 21 thru June 20 Saturn is hanging around trying to harass you. One side of you may openly flaunt your spending while the other is being more cautious. CANCER June 21 thru July 22 tundorstand Your Noods It facilities for 7,000,000 SHARES Common Stock $0,005 Par Value in the wrong areas. Printing & Mailing Thisannouncemmt is neither an offer to sell nor a solicitation of an offer to buy any of these securities. The offering is made only by the Offering Circular. & e Washington Exchange, subject to approval of that exchanges board of directors. The need has already been Shareholder Reports established for the product in which you should invest capital. Think it over Prospectuses Financial Statements slowly as time Stock Certificates 'Ll 487-07- 68 SOUTH or 2700 There is some opposition of the planets now. Save your spending for the period of profit which follows. PRINTING y sway your anyone determination. SCORPIO Oct. 23 thru Nov. 22 You are fast approaching a of smooth financial sailing. If all things remain sea . favorable, success is your watchword. SAGITTARIUS Nov. 23 thru Dec. 21 Your business judgment seems a little faulty but can be thought out. Gold is not always found at the end of a rainbow. CAPRICORN Dec. 22 thru Jan. 19 OT Sol and Uranus may give you fits. Try to concentrate on anything but spending, trading or promoting. AQUARIUS July 23 thru August 22 ' Sept. 23 thru Oct. 22 You will be a lot more confident in the decisions you make now. Don't let not LEO Etc. 47. is critical. Buy. Sell Orders, &LITHO By Merle Cox LIBRA March 21 thru April 20 said. Securities, Inc; 84111 Philadelphia-Baltimor- ARIES profitability of Interphase Corp. over the nest three years, he Continental Interphase will operate as a subsidiary of Unity Capital Corp. with present management and staff. Mr. Berliner said part of the agreement will be provision of Weston & Co. with a seat on the agreement in principal for Unity to acquire Weston's parent firm, Interphase Corp., through an exchange of stock. Weston voluntarily suspended office operations a month ago because of attribition of its capital-mos- tly in securities-i- n slide. market the stock Interphase Corp. holds 100 percent of Weston as well as a stock registration company. The acquisition will be by an exchange of stock. It is subject to regulatory clearance. be f as a whistle." Jan. 20 thru Feb. 18 Only you could metnage to find yourself in such a position as inside out. Find the zipper and do a complete reverse in all PISCES VIRGO Feb. 19 thru March 20 August 23 thru Sept. 22 . WEST 298-37- 03 I Little stabs of envy will plague you as everyone else seems to be making money. Yours will be coming, just be patient: There is a little gray cloud over your hanging hr this innsactiluis period. This may signify a menial loss. |