Show lj0an turn Candy For Coughs store back in According to legend Smith got the recipe for a cough candy from a pack peddler named Sly Hawkins in settlement 1847 of a five-doll- board bill Smith first cooked the cough d batches in candy in the cellar of his restaurant and marketed it as James Smith & Sons Compound of Wild Cherry Cough Candy Sales were good because there were many hoarse throats in the chilly damp Hudson Valley They improved when James died and his sons— the Smith Brothers William and Andrew —took over the business and put their famous bearded faces on boxes that contained exactly 16 black licorice troches They eventually bought an old barn on the edge of town and made it into a cough-dro- p factory Production soon hit around four tons a day and the Smith Brothers were on their way to fame and fortune That marketing know-hoDETROIT (UPI) -- Car prohas duction in the United States carried over to the Warner-Lambe- rt management When it neared the 900 mark in October with the Big Four decided recently to modernize automakers each reporting increased output as compared with the same month in 1971 Figures released by the five-poun- Detroit Output Up In October 000-un- it At Wednesday showed that 891597 cars rolled of US assembly lines last month a better than 100000-uni- t increase over 790890 cars produced in October 1971 The combined car production of General Motors Corp Ford Motor Co Chrysler Corp and American Motors Corp for the first 10 months of the year surpassed last year's over-al- l output for the same period by 76912 units reaching the 7271957' mark GM was the only company lagging behind last year's pace For October GM led the pack turning out 485969 cars up from 438626 in the same month a year ago Ford production totaled 242310 cars as compared with 203858 the year before Chrysler produced 134167 up from 125569 in October 1971 and American Motors had an output of 29151 as compared with 22837 in the cars 1971 period Red Meat The latest survey covered the first nine months and showed that production for that period totaled 1546 million pounds an increase of t z per cent from 1971 The 174 million pounds month of September however was about the same as that month in 1971 Exporting Aerospace WASHINGTON (UPI) US aerospace industry exports reached a new high of $42 billion during 1971 exceeding 1970 exports by 23 per cent In 1971 exports represented 18 per cent of the industry's total sales - - PERSONAL FINANCE Funds Sag Hint At Soggy Market By CARLTON' SMITH What has been happening to the mutual funds these past few months must be puzzling to many investors e It's not a puzzle though It's the kind that makes one mad The people in charge of Standing out figures on such things keep telling us about very healthy growth in the economy Business is good It hasn't exactly been a year in the stock market but one broad market index (the SAP 500) posted a gain of more than 8 jer cent during the first nine months of the year But look at the mutual funds Now they are supposed to "outperform” the market That's the theory at least They have these expert portfolio managers who are extremely well paid most of them for cleverly picking the most rewarding stocks That being the case the funds should by definition produce better results than the market averages— that is what you'd get a com to pick stocks or throwing darts at the stock exchange tables Unfortunately the theory hasn't been working very-wel- l this year The funds on average have been doing only about half as well as “the market" and during the third quarter a large majority of the funds slipped into the loser columns Tabulating the performance figures of 5RO funds for the first nine months "Mutual Funds Scoreboard" a quarterly report published in Old Tappan N1 by Yale ILrsrh shows the average fund lip 5 3 per cent for the period That figure includes dividends however while the SAP 5 n index does not Adjusting the latter for dividends would put it above 10 per cent -- meaning that “the market" by this yardstick showed about double the gain of the axerace fund fun-typ- record-s- mashing Even more saddening to fund investors are the third-quartresults showing that ii7 of the 560 funds reported of red meat dressed out by commercial slaughter plants for the the total nonagricultural in Utah was 402400 Thousands of Jobs 400 to Rockford 111 Warner-Lambeis believed to have 25 per cent of the cough drop market It also sells the Halls cough drops Vicks which lost the number one spot because of Warner Lambert's s drops which sold well last winter is in second place one percentage point off the pace Ludens has slightly under 20 per cent of the 300 Of 200 150 Shadid Areas represent US recession periods as Source: Utah Department of Employment Security determined by National Bureau of Economic Research WORK Business In Brief Where Women Work By SECRETARY OF LABOR JAMES D HODGSON of Marietta Mich writes: I've heard that almost half of all workers are women but they don't hold the best jobs What kind of work do most women do and what Is the average salary? Dear J G: Your information is correct The largest occupation of employed women is clerical workers The next two largest occupation groups are service workers (except private household) and professional and technical workers The fourth-rankin- g group is opG erative (mostly factory workers) with sales workers in fifth place The median wage or salary income of year-roun- d women workers in 1970 was $5323 with the following breakdowns: clerical workers— $5551 service workers (except private household )— $3953 professional and technical workers— $7878 operatives— $4510 and sales workers— $4188 full-tim- e tions? What should the person do then? Dear J R: If arise he or hisproblems employer should get in touch immediately with a representative of the Services Administration There are 24 LMSA area offices and these can be located in the telephone book under US Government US Department of Labor N A of Dallas Tex writes: I know that publie school systems are not covered by the Occupational Safety and Health Act of 1970 But as a contractor a public school building must I comply with the act? Dear N A: Yes Any con- tractor constructing a public school building or any building to house any agency not covered by the act is noneLabor-Manageme- theless considered an "employer" as defined in the act and must comply with its provisions Editor 's note: If you have a question regarding job training and placement J R of Lafayette La In- send it to: quires: Suppose an employer Secretary of Labor raises problems or doesn't J D Hodgson put a person back to work "World of Work" when be returns from induction examination reserve US Department of Labor Washington DC 20219 training or similar obliga on or 62 per cent of them sustained declines in share value during these three months ranging up to 28 per cent Any explanation of what's been happening to the funds has to begin with these third-quartfigures At midyear the funds were outperforming “the market" as they were supposed to The average fund was then up 103 per cent Hirsch points out Third-quartlosses have Sweetwater Park an all cut the gain in half seasons recreational complex Hirsch notes that “most of located near Bear lake in the erosion was in the growth northern Utah recently added a funds especially the more $175000 wastewater disposal aggressive ones” That sugplant to it's present facilities gests more of the explanaBrian C Swinton President of tion Sweetwater officiated at inThe managers of the formal ceremonies that opened growth funds especially the the plant more aggressive favor the Industrial design engineers for glamor stocks Great for the plant were Nielsen Maxwell performance when the marand Wangsgard of Salt lake ket is headed aggressively Hty upward — but they're almost The treatment plant is one of the first to hit the skids when the latest in design and is a the market is weakening “total containment system" So we have the Dow-JonMaxwell stated Maxwell said the SAP and other indexes that the plant does not discharge showing the market making any waste except through But fairly respectable gains these indexes generally reevaporation Pollutants of any flect what's happening nature cannot reach Bear lake or surrounding ranch property among the better quality The present system has been stocksblue-chi-or even an exclusive constructed so that it can group Then there's the rest of the eventually be expanded to acincluding the commodate residents of Pickel-vill- e glamor issues and more and other area property-ownerspeculative stocks The mutual fund figures evidently reflect what's hopiening in the rest of the market — suggesting that it may not be as healthy when you start peering into the corners as the professional would like to optimists lielicve The more dour observers are predicting that any "peace binge" in Hie market amruaiAa will be short and followed ICUlMOlSfWerlUl HUNoainof inn by more investor apathy if MOOOUaOUTDOOCS not worse After for adjustments fluctuations and the seasonal start of school at Brigham Young University this total was still a very healthy 2700 above September’s figure (BYU started school this year before the measurement week in instead of toward September the end of the moth) Utah's gain of nonagricultural payroll jobs has also been quite substantial The past three months have shown year-ove- r gains in excess of 23000 an annual growth rate of above 62 per cent The usual growth rate is about 32 per cent earlier-than-usu- This Menthol-eucalyptu- WORM) al JBs Income Blimp Building The restaurant chain of JB’s BIG BOY restaurants reputed net income for the year at $566036 or 35 cents a share a 44 per cent increase from $392823 or 23 cents a share for the corresponding period last year MOSCOW (UPI) --A dirigible will be used to help lift and assemble prefabricated blocks of four and five apartments into a multi-floo- r building in Kiev the newspaper Vyshka reported Using the dirigible to move Revenue was $11754734 for the huge factory-mad- e sections the year 25 per cent higher than to the construction site means the $9435780 a year earlier The builders do not have to run a Company said the figures for railway line to it or build 1971 were restated to include the cranes at it the newspaper operations of VIP's BIG BOY said Restaurants Inc acquired in Second Homes July 1972 on a basis CHICAGO (UPI) -- The seThe Company has a total of 29 cond or vacation home is "BIG BOY” company owned growing increasingly popular restaurants in nine states and an says the United States Savings 84 unit motel in Los Alamos and Loan League New Mexico Eighteen new BIG “Out of the nation's 588 BOY restaurants are scheduled million households 117 million for opening over the next 24 householders own a second or months according to Company vacation home” the League officials reports pooling-of-interes- ts Steel Imports Up - WASHINGTON Due to a Mg jump in from Japan and Western Europe August steel imports by the United States to the highest monthly level in 14 months according to American Iron and Steel In- - primarily shipments titute er fur-surg- ed one-mon-th comparable imports entered expected until January US during June 1971 At February of next year that time domestic consumers were stockpiling steel against the possibility of an industryof the wide strike The big gain in August steel enabled imports foreign producers to enlarge their Fluctuating Mortgage Rate Urged SSttfCrKSS steel receipts This compares APPLY NOW We Train Men to Work As LIVESTOCK BUYERS If you have lome livestock experience we will train you to buy cattle theep end host Ian For a local interview write today with your background Include your complete ad- Bank Board proposal that federal and savings and loan associations be allowed to make niorgtages with interest rates that fluctuate a common practice in Great Britain John P Farry president of the United States Savings and Iioan league says such mortgages could help end the “feast or famine" cycles that have Unlike other recreational plagued home credit since 1966 resorts that have relied on "By assuring a more reliable taxpayers to fund their sewage flow of mortgage money the systems Sweetwater's plant has variable rate loan could cond been paid for entirely by tribute to a Sweetwater Inc according to stability in home building and residential real estate" Farry Swinton dress and phone number CATTLE BUYERS INC 4420 Madiaea-KaeiCity Mo 4111 f— iif lalOiJvOii SM much-neede- THE TOOTHGUM BRUSH End-round- polished bristles ed to minimize gum abrasion Multi-tufte- d nylon construction to clean more effectively Four sizes — to fit the needs 1 of the entire family market s ORAL B 60 ORAL B WeHAVEJfe fluTfftPftlif Adult Size EASY TO INSTALL— Just cut Flex-- Glass'’ to size and tack over screens ASSN FLEX4X£LASS w FLEX-O-GLA- 2S West 1st Nerifc 752-15lagan PL Pi employment The AISI report based on TSUSUA import data noted that 1797000 tons of foreign steel including 10000 tons of ployment fabricated structural steel and As expected construction steel blanks arrived in this employment dropped sharply country during the month That from 23900 in September to was the largest steel 22500 in October Further import total since 2130000 tons seasonal decreases may be already substantial share of the US domestic steel market CHICAGO (UPI) --A leader in the home loan field strongly supports a Federal Home year-ov- gain has been broad-base- d occurring in all of Utah's major industries except mining and federal government As is usual in Utah manufacturing jobs peaked in September and declined slightly (400 jobs) in October The decline was mild indicating continuing strength in the industry and was equally split between durable and nondurable goods employment Layoffs of about 900 seasonal cannery workers were offset by the hiring of about 800 workers to help process this year’s beet sugar crop its Reflecting present strength enipluyiiKiil in the trade industry increased from September to October instead of declining as it usually does after the start of school Hie increase was slight— only an estimated 200 jobs— but is quite different (ran the average drop of about 500 that has occurred in recent years Buoying the industry in October was an estimated increase of 900 jobs in general retail merchandising (clothes niture drugs etc) Small increases were estimated in building materials and food stores employment Seasonal decreases in occurred automotive trade and in eating and drinking places em- Sweetwater Adds Disposal System NPAR 15 a year 250 rt market Hrild Jwriwl over-the-ye- ar 350 Poughkeepsie J year of UTAH NONAGRICULTURAL WAGE AND SALARY JOBS cal Co of Morris Plains NY Operations were switched in June of this year from Shows Increase SALT LAKE CITY (UPI) -Utah's production of red meat — beef pork lamb mutton and veal — is up slightly from last er payroll jobs Production Of companies mid-Octob- number Pharmaceuti- rt nu Healthy Gains Business And Finance In Employment the package of its Smith Brothers cough drops it changed practically everything but the beards There was some agitation to give the Smith Brothers trade mark mod-styl-e beards But not a hair was touched “Trade" still has a full short beard while brother “Mark" has a long pointed beard which ends about three inches below the left ear lobe The last male descendant of the Smith family died in 1962 One year later die name good will and assets in the boiled candy field were sold to Warner-Lambe- ft Herald Journal Means Huge Profit By DEAN C MILLER L'PI Business Editor NEW YORK (UPI)-F-ew doctors if any will concede that cough drops help the common cold but Americans have been munching them for the last 125 years Today they make up a $70 million dollar annual business dominated by Warner Lambert Vick Chemical Co and Ludens Inc It all started in the foggy whaling port of Poughkeepsie NY a Hudson River village where James Smith a canny Scot from Fifeshire opened a small restaurant and candy Novt-uuw-r Hrdiwsday FLEX-O-GLA- -- IS FAR STRONGER THAN POLYETHYLENE 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