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Show The Enterprise Review , December 8, 1976 Page 4b Government Forcing Schools Out of Business Continued from page lb many centers are particularly concerned about Title XX of HEWs Federal Interagency Day Care 'Standards which will make various administration changes if accepted by Congress next October. Most significant of the changes would be the teacher to children ratio reIf accepted. quirements. Title XX will require all day care centers to adjust adult-chil- d ratios to approximately one to four, (that ratio in Salt Lake is about one to 15). Bob Devlin, owner of Devlin's Child Development Center, Salt Lake, is predicting tremendous growth in the pre school business but profits generated by the business may not be great enough to perpetuate needed expansion without government assistance, he said. Devlin said the only possible alternative to government sponsored day care centers and pre schools for children with alternative, the middle in- come families might soon be the only American families who will not be able to afford the schools. The wealthy can naturally afford it and the poor arc subsidized by the government. 45 per- Approximately cent of Devlins 120 pre school age students are sponsored by the Utah Division of Family Services. Government sponsored students pay less for pre school services than private paying families in most centers and state welfare payments to the school are usually one or two months late, he said. "There is a lot of room for this business to grow, Devlin said, but profits schools are the generated by not sufficient to warrant anything but minimal expansion. The only real growth can come from the middle income American family and they are the ones being priced out of day care working mothers is for private industry to monetarily represent the schools as an incentive program for employees. schools. Devlin fears that mediate trend will be for schools to rely strictly on private paying families. A long term trend may someday show that the government w ill pay for most or all of the state's day care child-ren. Additionally,. Winters believes more rigid government regulations are creating a need for price increases at Utahs 77 for profit centers which care for 4,215 children. Fortunately, for a lot of local centers, HEW has set a one year moratorium on new safety and staff requirements. On Oct. 1, 1977, HEW will require a teacher-studeratio of one to seven for three and four year olds and a one to two ratio for two year olds. nt Industry sponsored pre said he has contacted various businesses in Salt Lake, most notably Sperry Univac and Deseret Pharmaceutical, to determine the potential of privately sponsored schools in Utah. But at this time," he said, they are not inter- Winters predicts that school owners and administrators will rely stricly oh ested. Schools and day care centers make less money if they operate with a high per- families thereby eliminating welfare or government subsidized families from day care service. The trend is in the direction of government funded pre schools, he said, and unless private industry In conjunction with the meter rate hike, and the citys effort to encourage parking, the city is off-stre- et spending $1120 to produce Parking signs for all the downtown lots. P.D. Kiser, city traffic engineer, said about 20 have been installed so far, and about 80 signs have been planned for the district. He added he expects all signs to be up within two weeks. First mortgages and contracts fully recoursed. Utah residents only. Utah & Western Investment Corporation 1321 South State, Suite 201, Salt Lake City, Ut. 8 Mail Today or Phone Collect UTAH & WESTERN INVESTMENT CORP. 1321 South State Street, Suite 201 Salt Lake Gtv, Utah 84115 I would like further information 486-074- Fragrances from around the world, for you or the lady Visit Utahs only perfumery, THE FRAGRANCE BOUTIQUE in Trolley Square. THE FRAGRANCE BOUTIQUE offers a experience in fragrance shopping, the European approach. You will find personalized service and an element of privacy seldom found in a noisy and congested department store. THE FRAGRANCE BOUTIQUE offers the largest selection of fra- ranees found in Utah. 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Name centage of government sponWinters sored students, 1 think the im- said, and can come up with a better &etm'5 ue WITH SAFETY Turn to Private Sources paying rate. 12-1- 4 gov- schools are popular along the Atlantic coast and Devlin private As parking meter rates have doubled, so have the fees charged by the city for removing a meter from operation. Effective Dec. 9, a business wishing to bag a meter for a month or more must now pay $1.00 a day, double the previous 50 cents per day Earn ernment payment of student fees could force many schools out of business despite the increasing demand for day care centers. Industry Not Interested Costs Double to Bag Meters 16 Trolley Square Salt Lake City, Utah Ih. 363-526- 9 Option Market News iirri'ii t. hetclimn. Ph.l). Prince. l.nngUvinrich & ilreer v M Jimmy Carter is sounding more and more like Gerald Ford. And, the market likes it. This past week, the President-elec- t renounced wage and price controls and a indicated go slow approach to a new federal spending program. The economy, meanwhile, remains sluggish as evidenced by no change in the leading economic indicators and a rise in unemployment to 8.1. Thus, the chances remain slim for a surge in the market averages. However, a precipitous decline is also not likely since monetary figures remain very bullish. Options continue to be a mixed bag with most option Option writing continues to beat the premiums low. averages; but, with many options selling 30 to 50 below their estimated normal value, average returns are accordingly reduced. Two stocks, Santa Fe International and Houston Oil and Minerals put on good performances this w eek. In both cases, the Jan 40 options easily doubled. The Semiconductor stocks were generally strong the first part of last week. 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