| Show - - - 4 Rail Industry's Future? Executives Pessimistic er r '-- -- By Robert E Bodingfield New York Times Writer crease that the Interstate Commerce alCommission lowed to go into effect in Au Some railroad presigust dents said they would like to go back to the commission soon for another increase Others said they felt this might do more harm than good Tinting's Bad NEW YORK The railroad Industry caught with its wage costs going up while its traffic has gone down now seems to have no optimists — only dif- e ften d a fering shades are of pessimists The gloomiest among a sampling of rail executives recently interviewed said they feared the whole industry N'as heading for government ownership and might get there in a decade or so More moderate Cassandras forecast the possibility of One or more bankkruptcles next year her he? tual Linn All Men Agreed Virtually all rail men agreed that no lift was likely comparable to the one they got from the Transportation Act of 1958 which permits the industry to use modern pricin freight ing techniques rates There 'as less agreement as to the adequacy of the three per cent freight rate in und of a on ght tyon Ex- ey Ind 1967 Brings New Look of ay Louis W Menk chairman of the Northern Pacific Railway said he felt another freight In- crease 4 '''' v 1 - :140 '- 1' ''f'AL ‘4 :-- -- ' i 1 ' L 4 —7 r'''' logor:-!--: - --- --? - - 1i A - r t 4- ' ':--i 4 it '''' si 4 !' i - ' - -- i IL : T 'itI- ' ' - 1'' 7 Aa - 1 1 r ) ''1 : i ‘ - :: Intermountain Farmers Assn 74:- 'At: a I 4!j I AM- Uok A- I 55 properties $1026150 Dan D- Assn They Include: George S Eccles president of First Security Corp who will discuss re sold to Louis John was by Lake Salt F C Wanting City Kirkbridge St Realty Meet Dan D Bromley president the Salt Lake Board of Realtors will head a Salt Lake City delegation to the national association's 60th annual convention Nov at Washington of Richard Perschon Estate Realty handled the week's officials owned units °using The Way (3650 East) y he noted $25000 k work-structu- Fortuna six pieces of vacant property $32850 and a farm e ::(t4tto1ji fa " h multiple $102050 transaction the a house at 4663 S33500 sale of totaling Bromley - a r gest I board president said Heading the list were 42 houses totaling $866250six Sessions start Monday at 9 :'":: am with a series of key-notaddresses by leading banking f7-1- gin bulk mixing this week as men rush to finish the Members of the Salt Lake Board of Realtors multiple listing service last week sold Session Start 00"-Agrc-ji Draper Muse ing '' s It (I) - !t ' ' ''' 1 g in is ' 1 I - - ' t 4 4 : - i Mort- gage workshop at the Hotel Utah Sunday to Tuesday Events begin with registration Sunday and a reception from 5:30 to 7:30 pm eponsored by the Salt Lake Clear- 1 N ? - Irl i t 0 1 r:- 1 :1 L in the field will at the Bankers Assn Western Key ' k 1 ' I i i -- '1' 4 i '": ' : ' ''''11-t-- - - - -- 4 ' '': - C3 1967 Oe !ober 29 Realty News Open SI Meet Today 42 Homes Top Sales facets mortgage come under banking For Week in SL Area consideration American - 1 A - : now "wOuld said that before applying for another increase he "would like to examine what it would do to the rail- s "AC ' oe 4 t tfi I r16 0N''' r t k Menk ""' '‘ ' iI Lit31 r another" :' '''' t t be ill advised The timing Is bad We are just piling one on top of - Z : ' '' i f 1' 't wax- - 14 - de' ! 5 --- 44' 41 ::: ‘kc The Salt Lake Tribune Sunday USBankers --- a Okays Member 10-1- 6 ''The Money Market" mill and warehouse Is slated to be roads on a competitive bask Jack R Lee has been ap C E McCarthy vice presb I don't know whether we Fruehauf Profits Up' for active membership proved dent of the Bank of America haven't gone to the brink with in the Salt Lake Board of Re DETROIT who on the will talk (AP) — Frue"Making the last increase Im afraid ! Prógress at Draper Most hauf Corp reported third of Mortgage Lending altors and its another increase would put us W multiplelisting Charles quarter profits of $3700000 Opportunities over" Robertson vice president of service it was compared with $3600000 ia On the sidelines — that Is to announced Sat- similar quarter of 1966 the Indiana National Bank of the say among the Wall Street comt li 4 I'' "Building Li Indianapolis mentators who follow railroad Mr Lee a quidity and Profits through securities closely an distinFREE said Mr Olafsson new The to and graduate The built Tribune t'4 V facility being Marketing" Mortgage Special guished from the executives of the Univer Brown senior vice Also expected to be operaRichard — Bulk mixing P will association house the DRAPER c by who have to meet the railTypewriter Ribbon I ' tional this week are grinder 52 bins with a total president and executive trust sity of Utah roads' bills — there is some facilities at the Intermountain and ° With capacity the officer of the First National en tered dry roller facilities Mr of Farmers Assn modern mill 1000 to n s EACH BOX OF CARTER'S Mr Bank nearly dismay hut In general a in business noted Ile predicted of Denver "Mortgage °lesson 12400 NEW MEN COTE CARBON cheerier view than is held in and warehouse 1045 E Olafsson said' 1963 NoMr Lee It would be Loans for Trust and Pension August South are slated for complelimit I Per Clostmer thp executive industry's and with W Adrian estimates before a vember Wright Original sacking opera pl ced Funds" suites Some analysts feel that tion this week E Gill Olafs- tions are for the past two years has cost of the structure about possible from now on rail revenues son manager of the Draper Daily Seminars been associated with Metro an association mill Z250000 of A said pellet facility should keep pace with the Seminars will be conducted Realty as a salesman said lie noted however The huge complex which re- capable of producing 12 tons 1814 general level of the US Mr Lee who will deal prIn was a afternoon sessions from 2 will for that this be an hour figure only ready places an older mill destroyed 55 West Ninth South industrial activity sales in residential imarily by fire last March is slatted operation near the end of the "guess" and would be exceed- to 4 pm 363-44an office at 1535 ed Hedge Such Statements for completion in December year FREE STORESIDE PARKING General chairman Is Ralph wilrhave 3300 South East a B Wright senior vice presi Even there however It Is of Bank dent First Security to customary hedge such -— statements with some 6aveat like "management must learn ---- H I 1 I NEW to take fuller advantage of the now 77 net is And 26 cent of operating Inc Centers Skaggs gain per Skaggs Drug AUCTION SALE new technology available" or chain income was $1405603 a gain stores in 13 western and mid- L1UTUAL FUND Salt Lake A HALF MILLION "rail presidents when travel reported record operating fig- of 53 per cent The gain — western sta DOLLAR VALUATION Seeking possible capital ing the merger route must sit ures for the third quarter of particularly in the third quarAs for the final quarter: appreciation through down and work things out in a the year as well as for the ter — reflects in part openit can only be expected 00000000000000000000 aggressive investment E L ing of five new stores in the that the growth already realistic manner with the first nine months indiSacramento's largest accumulation of policies of the year half to first cheic I of Elwell quipmont hitavy duty president reported presidents FLYANCIAL neighboring cated during 1967 will con'Herod for a public solo were in Included lines that would be hurt by shareholders earnings tinue and that this will be a NO LIMIT—NO RESERVE Sales in the third quarter $80534 capital gains part of record year for our company merger" This advice was DIIANCS AV a Financial I NG OOOOOO TIC suggested this summer by the totaled $33322816 up 31 per which came from sale of the both in sales and profits Mr Programs company OF A CHANCE YOUR ICC's chairman William cent over the year-en- d period Provo shopping center during Elwell concluded ?LIFETIME Tucker Net income was $588360 a the second quarter The firm also announced Declines in railroad traffic gain of 56 per cent 000ocoo0o00000000oo001 Divisional Manager R This was equal to 28 cents a that it will build a $750000 WOOD this year have varied from reDozers "Cots Crones Stratton and — Suite 269 — diviAir Graders forklifts drug Progenies after share 11 preferred to of Car gion region loadings 277-131- 7 Poser Plants Weidors" Comproosers Phone in the Granger-Hunte- r Mall — 6 Cottonwood food center cents to 17 dends compared the eastern systems in the "--SALT LAKE CITY UTAH 44111 Alms Numerous Other Pisces area Architects are 1 quarter first 41 weeks of 1967 were 6 the year-agPer further information writ or moll in for complete itoralsocl brochure Net sales for the nine still working out the final s and per cent and a specifications plans below the 1966 level On the months totaled $93005950 MAIL for Ties Booklet Prospectus SALE OATS NOV 11 1961 western roads TIME' 10:00 SHARP carloadings OFFSET PRINTIIIG I Nam& s fell 77 and per CAMERA READY WORK LA LA cent in the same period The SALE OF PLACE Addren 100 COPIES vteot oli lc southern roads which are lob aP FINANCIAL 12 x 11 201b 5070 PINNY AVE to benefit from CityState—---- — continuing hand ss low as wZ14 SACRAMINTO CALM ROOS lineS In motor of industrialization NEW YORK (AP)—The following table lists Operating results Additional copies 75c Plr 100 'I a heavy SECKM & ASSOCIATIS business iwod finance in Me latest Week with comparisons with the preceding log their territory and also from a of K-SPECIALTIES week and a year ago: 'MOM Year A90 Lest Wk Prey Wk 17 9 W ilth South shift in the region's agri4 2588000 74c8000 7575000 tons) Steel (net prod 7M11 culture from cotton to cattle 623917 583019 5889113 Freight carloadings 155 151 15 3 (billion)) r Freight managed to report a 1 and Auto 251919 173542 170790 prod (units) twenty-twhundredths per cent Soft imo 11570000 10815000 1011'0000 prod (lolls) a375410 8789610 8797710 oil Crude (Obis) in prod increase carloadings through 911 974 S 92 Paper prod (per cent of cap) f 940 910 the second week of October 900 s board (per prod cap) v Paper eof ft r' c Pr737 701 na 219 Bus (number) failures 4 '' '''J The traffic decline severe Elec power prod (Kell) ' ' lt'' ) 71475000000 77564000000 nt 72579000000 s t 4' k ' i1 :' wcmwswF $467071146000 ti t -- v SS5812533000 Se7345350000 w:e a rail Bank clearings weather conditions t (721 't : 'h ' 8 4 1116447000000 $107915000000 " eIT Si 16951000000 deposits strike and a sharply higher De13ess loans 863385U70000 $595800000O0 SO3339000000 ":"'w x i 114700001 0 I II Laccee's S55700Át wage bill all have taken a Excess ' '' $13756000003 0110076000M 113007000000 :!WF stock Treasury gold '': on ' toll railroad ''' 4' S1400000000 v" ''' S70763$0000 4 $1987000000 profits Brokers loans heavy J00' : ' : 44'N'''143080003000 1145479007000 1455590000 i It ide Money in circulation This week the Pennsylvania B518000000 151000000 $7160000)0 ''- -: 4tt-Member bank borrowings a 14 e"'"1 ' 'efts : Railroad ' the largest US cartOsk ' loY 11 K c 1f'11'114 IA- i ' --rier reported its rls'--''cent 93 declined had per profit ' ' l' 's ' g ''"r's's '''' to one million dollars which 10 ' -A ' -' 11 C !!' -- 8 cents a sbare equaled -' 'N t 7 (Copyright) t )x- r Mahe Feediel and Renee Sain 'foe Estimate for Week ended Oct 27t ' ' ""--- -4 thOice 2725 confirmed 9044 Steers — — 1700 Cattle Slaughter OGDEN (AP) ' : toci 5' 'r' -lb Calves — 200 compared with 2000 toMI mostly 2500i Ore Shipments r- °1:3 D t 1t last week and 1800 last year limited weighle over 1123 lb not well tested: a l ' 1 : c Area's Farmers Speed Mill Warehouse 19-1- 9 ilI ion ij i mid-to-lat- e vs At Sealcraft or 'he ild Charles rt B Knudson dent of Sealcraft Corp day told a stockholders ti c'4?1 presiSatur- 86 meet- ing at the World Motor Hotel that fiscal 196T was a year of major change lor the Salt Lake firm Because of the significant operational changes it would be impossible to compare fiscal 1967 with the previous year he said "The sale of the urethane seal manufacturing facilities to Parker- - Hannifin Corp and concurrent exclusive licensing agreements put the company in a good cash position with assured minimum royalty income of $120000 per year for five years with continuing royalty of one per cent for the life of the patents" Mr Knud- lal :or or as at of PS flT re s of id Skaggs Ding Reports Record 1967 is kr Is - T 50000-squarefo- - o three-tenth- eight-tenth- Last Week in Business lig— D ' - ' ' ''' '11-- I I I 1 ' sncoo000 : t l- 10 I 4- -c ''' '''' ' tii ''" - (1 - Vt a- t ' 7 - I i1- n "I11 k r i t L 't'"4t1-"- l'i - J l' : : par 1I ''' 4 ' ' ! 11 I kik i4 $ s'24"1: i I I t ii one laarntag ---- fitt I I I '' -- - 0 own AND - - : ' ' lay fti 3 ::7 7! ':-- - WIF 1 Ls -- -- n 7:- ! - r 12 rr l II: tt4 pP t I ts il r 4 - f - i tkitr - t i f4J1111 L writ r !I xar 1 23 gr VITtl n2r i 1‘ CUSTOM-DESIGNE- C '- e S'Offif170--'- 14 1' ' NiiA 14 il4 Aaif k4”"'-"s- 7 $ill IN Build a Capp-Hom- e now! Our financing covers everything we do and furnish at 6 simple interest — the lowest rate In t the building Industry! i ' j I 4 Apr can include complete Electric kitchen Cabinet Plumbing sod Heating Packages You Your ' min ill GORGE BOYER 63 So fourth EDS! St Solt lake City Weis 4 ! Phoney or fob 4 eel shrink feeder cattie firmed 110 choice 670 lb steers 2400 Immediate equivalent 4 ed shrink confirmed delivery slaughter lambs 106-1lb choice and prime 2100 Immediate delivery 4 pct this week 2225 confirmed shrink heifers slaughter steers 1480 slaughter 130 feeders and eirouguttiItteerr Iccowl and !lanes Feedlot $ales — Slaughter steers sontivimest 0 10 loads doolott 110 couple 2500-252latter price delivered load dressed on Holsteins 4000 lb 1160 good basis: ell slaughter steers for immedite delivery 1 fob feedlots 45 stated f shrink cattle contimwd 1475 in Web for inoMediate delivery 100 good end choice lb mixed feeders steers 2325 GEORGE BOYER 63 South Fourth East St Salt LA City Utah I I Please tend me mare Information hsbriterInn74ryt(14le mck"Anmed iechenicelle efelsemlb steer calves 2900 200 gond and mostly choice 205380 lb steer calves 26154750 fef ca toes prime 0Mwae Itiond 50 souk get ono t 74 6 di 4''' 4t-- ir t ' Ileee' I' s ' oi - i k A? It 2- ' i' ' ' ' e' '''' '4 4 vt- 44 At ' i ' v ? k t -1' 446- t i Relations PO lex 30 Cody Wyoming 12414 HUSKY OIL COMPANY su An Equal Opportunity Employer — t - " f 4:- ''' 41"' ii:d ' f t l'''' 1 4 A- -- i s k - ' 1 4-'k- : s a 16 2- t't " ''''''kiC'"" I '''' - 'A - I i I - -- 11 - ''''' - : :1 ' ' ' 1 rvwcil k 4 aa i' y ' 5 4'I ''' ' 1' 4343 01 - '' ' ' '' ' ' ' ' - '' ' :' : to '1 ' ) i '' 'r' '''' :""1" ' t r"'Nat' '-- ' ' - 't ' I ' ' 41- - ' -- ' ' '''''''' t ISS- $ - t '' ' 1' ' ' -- ' ' - 1 ' i ji i ttt -4- 7 4 14 e"' '‘' '4 5"':'''' '''''''' : - '''' ! ' ' 'ft ' '' -- iii ' ' : - t 71 t t f '''''' ''' svv- ' ''' 7 - ''' : ' elt - i - 4: 'e re 4 l "---- ' I tie' le - ' 'A ' 'i ----- I 1 ! --- : - 7 :: ' - f - : 't? '''' I1 4 t ‘ed4--- ebi e w — is v "01 s I' 1 4 ' 4 ! J 11 I ic t 0" 1 — d:11 In an industry that moves within narrow - margins-- - Union Pacific provides needed leverage Growers processors canners distributors on every level find Union Pacific has the edge —with computers microwave communications new rolling stocknearly 2000 freight cars now on order to further expand Union Pacific's fleet! In your business tooUnion Pacific has the inside track And for inside information on choice industrial sites in the booming West write in complete confidence to Edd Bailey President Omaha Nebraska 68102 R E Hautzinger Traffic Manager 417 South Main Salt ) 1 4 i' Li - Gateway for food in cans to and from the booming West - ' tt tt111'1: h t ' 3 ' 4 :? - 1sA '' - ' 7 r- :z t -t-i i -- ! - -- qm'''' - - "--' i t ' '4 ' t) ir ‘' ' '4 y' : ' ! si ' AS N - : '' : '' Ate"--:- e ) t1- It PASSom' -- I 2- 'S rit- - i' - :w - 4 L e"- - ' - A 44 4 - 's I? i : - r ' tw'''''':t5 ' - ! ' o tt1t-te--- S I - t' 0 es 444ks - ' -- -- - : - '' 1 : A - 11 v - t ' "ov -' r'! 014 ' - : - 4:t s - '' '"'": t - i 1 a4 fo's ---- -v 'if Aci: S i1 : 4- c st a I tee :7 1 - ' : '' 7-"- e 'c i ev - '' f: - e X if ' ' w '! k '7 1 '' '- '4- 0! 1'f ''' - 174 - 'fliir i : 1 r F ' it - - ' c ' - v: I 7 - ' ' ' - ' S t‘ 141 1) tr'"b240 7: - ' -4 1 : Aryir res 7 :: 42: '' ' - 1) k f -- ‘ w s A L I ' ws" P 0 4 7' i -- 4 —4 'oc 4www e il ' e'''IONt: -' - 4 4 t ! 4':: 1: V ri w ' v C - y id:0 i1 -- : v- i : ' -- t tel - i"- kc I f v i "r - heifers nme rosionto Including salary history $ol J I Email 'emote ftftMeOMIM I if Oil J ?9fi' 4 lb mixed steers Ito feeder choice all feeder cattle fob steers 2350-215weighing point 4 pet shrink deoendto scales slaughter log on distance lambs confirmed 100 Choice Iambs fob equivalent 4 101 lb 2350 pet shrink Confirmed this week: 110 slaughter TOO sheep steers 141S feeder cattle last week: 2503-2- illimnonser--Empley- oe 1 0 dosiroblo LOutios will includo:vriting nay! loleeres handling stolthohlidi to: role:sole roprtsItilINUM assisting poch writing too E years of organs Person hired for this position will have newspaper or business writing background Antiwar omitting for Individual milking (holism's inn opportunity Excellent benefit prenrams a silty slosiroblo community whore' family tocation—Cody Wyoming living retribution and good climate aro ettiorsd s ttio utmost STATE own lot Phone don't own 0 lot but pl nstherwise - - - v o PUBLIC RELATIONS ASSISTANT i I CI I $1 0 'i J rod Is I TOWN OR RED 1 ' 1 "'"' '' Sw4 kl ' ' 1 i' t :2 con- I NAME titt7tws5i5 Continual growth nf our °unmeant end divination company hos created on opening for u compotont workscentand Public Relations Assistant Doyen io Journalism Public Relations or Business Administration rTO : :5"weeil:rr:inQe4ihtveirlrYniluotdtisicitilv7Iseru141et5e41 CACHE COUNTY — SMITHFIELD of Friday livestock auction: Too Looking for low cost lifts Wm-once- ? dairy cow WO good to choice dairy cows smaller dairy and heifers 2651042300 Hoy' your insurance Sorokin COWS high and heifers 20000-2500COST 1 utillly cows Yielding helferetts got you a LOW-LOcows and cutler Old 16001710) frets term quotation bCOnatte 1915-260 hereford $15 Lino tiros ST roots hereford stock steer calves holstein calves stock heifer Wilkie assets and wise h°4hossrelinn inatrance in fora Writot Old lino Istell'rerss 5001'1)o5n° ibibit 0237rooni71id steers 71002210 holstein heifers Broltort Simko 4111 Lilo Insurenoo holstein heifers 500000 lb Solt lake lb 72502150 lernbs Contlevontol Bonk Ilidc 1100-712hogs bull born new talon 17001t2S City SCOT or photo 15003500 A 4- - II We deliver and our carpenters do the heavy erection right on your lot We furnish all finishing materials inside and out for the price quoted s choice mostly 2250-732Holsteins lb dressed bens (live weight) 1200-123- 0 choice 40 00) good 300 slaughter heif- 1410 ers confirmed mostly choice 0 lb 2375 to mostly 2400 about lb 2425 Treasure Valley: 3 loads all slaughter cattle imoontiate to - -- $1illien - t rivol and good lb lb 1100-120-0 Pry" - Don't delay! Labor and materials are going up! mixed feenv and wooled slaughter lambs small steady lb 1 few Prime lots choice few prime 007 others choice 23 Cull 72415-n5ewes slateohter 9s"117 lb pelts and utility No 1 end 310-51feeder lambs small lots choice Irnall lots lb and fancy choice and fancy ewe lambs 72 9 IMPS year-ol- d choice ewes 730-75choice NEW LOW COST - I &11100t standard rmimilmonommismoomonsonowr YOU'LL SAVE EVERY STEP OF THE WAY I ' caFP HOITI8 ‘)1' 44'1 1 1 IR and good Holsteins lb 6013750 lb 2100-726feeder heifers choice 300500 i calves lb calves good lb 7225-242-5 (100(2 and choice several InclUdin9 feeders 2225-265lb port loeds MOatIta choice 2390-237good 600430 lb 2100-223- 0 750-8lb 1900-n0Hogs —145 compared with 80 a year end gilts elredYl 12 borrows con lb 70i lb 1(120-13 lb 1760-181017901030 1330-144325520 lb steady — 600 comoared with 500 last 21502400 rvs Vi ak :7 — 1 ti:r t A t' - !i- rliD7-- : 'Al 1- 1 Z2771 '''' 1 - ‘ -- J ' - '1 : : - ' - ' 4 P A "3I 1 43 0—t - tot whir pirur ow I' U vothn c4X 4 Star 74 100 '! uoy-rut' fr " ter-- ' cv ttr- ---- 4 4 ' ' ll : P P 1p ( 1 1 ' ' ' f 1 11 1 4 1 1 ‘ 1' a 1 1 1 r 7'"777Mr t good Increased load lots 11°97 t":a9117r933178 lb 224324 50i standard and good LIV1-137lb 2180-226and cows 1700-182vouno 1515-179cutlers 1903 to uals utility 1450-150 canners and Cutters 16001525i slaughter bolls Willi feeder i ty end commercial calves lb choice steers e 2500-310few Individual good lb 32 and prime lb feeders and mostly choice part loads cshcotive7c 1152SEIMET7r131111EM --' : : !alai - ' -- 1 COLLECTORS OVEAD ACCOUNTS & CHECKS 41 I Demand Utah's Largest Bonded ' Lit t a decline Cl'InXtelter0SCOraldn:1 UTAH CREDIT ASSN UTAH DOCTORS 1931 South llth East ' !4-1 and Is 90 50 75 Our Foe Strictly a Porcontago of Money Confided Call Tod Alonandor or Wally Jackson at 4844601 ay slaughter steers steady to weak on Holsteins heifers Karol slauoliter cows Woos: bolls steedYi feeder cattle and calves strong Instatw ces 25 fhaioer on yearling heifers: auPPIY 1 Your Not ( tv i" 4 t tom 960 Cory SKIP TRACING i- i I:704 ' I I 1 - 1--ii- — FoltrOt COLLECTIONS - f11111) - - EUREKA heioysto clay ": ! - r t t'I 0 - C - 4Iv ye-'---' 444 I e?:t7- ‘0 :t -- -- - " 0 : r4kk I : -- - 1:liiin't4i-1n-rlTtr!-- - : - livestock Markets t - : Ase 4 third-quart- - ' 1 ' ' stow - - - - ' - ' i'l' IJC - 1 :E i " ' i- 1111) Z1Z 363-029- 1) P -- '' t i' I ' -- 1 0 11 - I7- - A 7 :c)14 II - - : V o - SaleSimi:-- City-base- d son said Acquisition of New Draulies Inc Packing Supply Co and Hydraulic Supply Co gives the company diversification in the hydraulic industry and brings it an established sales volume he continued The company's total assets Increased 53 per cent during the fiscal year from $877131 to $1347871 Mr Knudson said All directors were reelected — fltpa7tq : : if 0 tall City : i' 4' : gt :t : I 3211544 I 0 1 p |
