Show no Salt 2C Lake Tribune Sunday Nal ember I! 1S7 r 777-- 1 Fund Riddle ' i Confuses Dips Plague Domestic Oil Drilling Wall Street I i ' - 1 "s '' rf I ' 7 : ' Ii : 'l 1 - ?! 1 :1-- 1 ' ! I : r S s A I: 'I N : ' it : 1 ' i kt ' '5 Ai -- ---) 1 : store son Mr Brewtt announced t 'st '''''''ll''---i- ' - 1 s sj - -- - : co: I '11' i '' ts - s s- 1- s'''-- 's 0 - : 1- : "- I :4 - II- - 1 iV L- ' ' ' ' ' - ' ' k7ii e ) :Y 1 A: 1:1 Mr I U t altiMalitifatIttrersClioose ' - (--- 1' ' ''- s4 gi:sts : 1 1 -' - nine-mont- h Iii J N- ss--- 1 - t '': ' ' r ' - --- 1 a ' ' Dow-Jon- ' ttah's ruffle :T corn-pace- d ' y 1 up-pul- ls 1 17" r 0 1 ' anti-aircra- ft - 1 i Lj z1 The ilr23n from Merrill Lynch 1 ' j '') 1 4 loofl - at them group ruary Mr Smith is a member of the Association of State Plan- British Aircraft Exports Drop short decades the computer group has grown from almost nothing to a major industry Computer stocks have scored some significant gains and seem destined for even greater gains in In :7 : : : i the : : I : LONDON Britain's exported future questions: (1) Which companies appear best for their portfolios? (2) How may the risks of investing be minimized? in this new industry a list of stocks and on invest ment strategy that in their opinion of fers an attractive opportunity to inves tors If you'd like to learn more come to : t t I our Computer Forum Simply ' 1 : It is i I t t r- --- I 11 kitr call or mail r iI' 0 If I:- t g l' - being held— Thursday evening November 16 right here in our office starting at 7:30 pm sharp PLEASE SEND TICKETS TO YOUR COMPUTER AM UNABLE SEND COMPUTER t NAME t ADDRESS TO ATTEND YOUR FORUM BOOKLET 4 k JON rEing ZIP MERRILL LYNCH :: rilnlq PIERCE 4 4 LiJFENNER 4: 4 KENNECOTT BLDG : Telephone: r) t SMITH INC SALT LAKE CITY 84111 1 4 - 1 '1" "44:"tv4kgttgat441 a 2 4 i 10- stI'' F a - 1 ek tetirM laste With the Stanit2tc1 Astro-Dia-l 500 you will be able to turn out beaudful copies ready for immediate tot 113C less than - - ' '” :'' :' ': ' Y'-'-: ::: '4:T7J1 : T i'lv3': rT' '::''': -- ' "-- ' - 4 — - 4i — 2 :: ': i i '''': ' ' - :1 ii I ri'L 4:I- 1 IP C ' ''' i 401i011044:1(11411i())( Itsy17'f' ' H t- ' 7- Iolummaisons- F - Tubing economy stability accepts standard fittings and is available in many specifications Can we help you? i -- - three-tenth- s ii ' '0 — I 'P4 !' i 114 ii' 144::itimakol144--ili k w c 4i VI fsd)1' Ni ill i tot i i t V I 41 3 I - 11 i"' 1 J or c Construction W 'relish H 1 f' 1-- La : : 1 - 4 r:: Oil" ''''''''''''4114 Nick i pm I ok 2 onit If I i GN 'et S i Id 71 ! i te V is - kpl C IC ''''''--1:- - :' ' ' We t-- canals "gondolas" have over 190ö0 on rails serving are in Venetian Not all dry bulk products lumber aluminum steel and countless other commodities From 41' to 65'6" in length and up to 9612 ton capacities these rugged gondola cars assure shipments of maximum weight and space loadings with minimum handling and costs Available in covered and uncovered types with various quick loading and unloading facilities they t 4 F 1 t r t i e i g t a 1 i: 1 4 if cars are typical of our special purpose designed to do the job best I " 3 of shippers 'k - I 1 t i ! s k t - ! to iY 1 In Salt Lake City 411 South Main III A t p A ' P410 Ca-o- ork ii t - '' I t t tr se 1 ' f '' t I— i f - )j 177 ( '-') v 353 West 2nd South Salt Lake City Utah 84101 8 Phone F Dunyons President Melvin M Miller Sales Mgr IMMM I 71 il LA AI I Ile ) J 48641409 a --- ri- ott i Capitol Industries Inc 64 - 1 -- ) -- : 1 - - Ajax engineer shows the new Nylaflow high pressure tubing which is replacing copper and rubber tubing on Ajax's world famed laundry and dry cleaning presses Nylaflow tubing offers excellent flexibility RE Phone o Hautzinger Traffic Manager 1 1 I ii I Whatever wherever you ship you'll find be specific—and route Union Pacific it ito In OM211111114EM J t pays p '4 Ti ( t - ' '' - ' - 42 It 7 4 ''' ! i 1 !' 1 ij 4 ? n 4 ' t'P's ' t ''''' - - '1 'l' -f :t ' '"' '' 1 For information about choice industrial sites Railroad Omaha Nebraska 63102 ' ''' 4 f-- 4 '' 7 ''' 4 i ts" ' ir- I i'44 f 6:- r$ I I k '' write in complete confidence di I ?' - f!: Address 359-768- 1 J p 4 Et Open Saturdays 10 cm to :: f - 1 Melvin M Miller Clip and Mail Today Beaver Owners 353 West 2nd South Salt Lake City Utah 84101 Please send me without obligation literature on opportunities in beaver raising Answers to many questions on how to raise beaver the tax advantages and other pertinent information Name - 4 lih(r 1141611111 secretaicill'aetipcaarriesIdly'dtreeniatni Nylon months Unemployment h as risen to 4 and per cent of the labor force The persistence of strikes — rubber copper auto aluminum trucking and others — hasn't encouraged hiring And profits of many corporations have turned down sharply '''' 355-293- STATE 1i s'ensil i This year's 'Strike Pipe Industrial production hasn't moved up noticeably in 18 1- - ---- I Sit Pions Financing An Agricultural o' : lilt! 0 s l t t surer But econofinished goods mists discount this They reason: Money burns holes in pockets The saving spree will end in a spending spree Per haps In the meantime however "- t OFFICI—PLANT—WARIEHOUSI WI PROVIDE tor loess sr Soho r71771"1"-- PLEASE CITY : i lit 1 Beaver Owners FORUM I P ''''a"'- alive-norm- k We need more beaver producers now Your return on invested capital in this exciting new industry can grow substantially Enjoy many tax advantages Join over 1600 member beaver owners and ranchers across the nation Especially interesting to city residents 'Inquire now '1 0 t Li s JI(1“) - Heed A Building? ' coupon for your reservations :: i '111r71: ie f 403-8t- h nine-mon- th Up with I (AP) aircraft Great — reported The United States Britain's biggest customer accounted for $86573000 of the export figure down from 3147800000 a year ear-he- r Our Research Department has come 'ti 1 0 - president is go each You will have a manNicholas r general and Raymond R ager of Ajax Presses Ameri- umF iicatorprozeSSIOnaily styled to complement the ca n Machinery Laundry attractive office decor most of division a beat inflation have been hold- Industries vice and Co Edison McGraw ing back purchases: "if it's of American Laungoing to cost more to live Its president ' 1 wise to have a bigger rainy dry Machinery Industries I St Regis J Wagner day backlog" Co corporate sales exSouth 258 Last been Paper have Householders is first vice president ecutive ttiol 328-88- 69 rates saving at and will become president — nearly 7 per cent of disposin able income comparison with the customary 5 to 512 Ajax Presses Switches per cent 1 i This has affected sales of To High Pressure — 1 ning and Development agencies and the Regional Export Expansion Council He relaxes by playing the piano hunting deer and pheasants and doing carpentry work at Ave home industry 379 million dollars of aircraft engines and parts in the nine months ended Sept 30 down sharply from shipments of $127792000 a year earlier the Society of British Ltd Aerospace Companies considering the computer need answers to two major Industry :t 1: two Investors :: and E Utah Concrete Ward Ogden 1—"Th i'l v 1 ‘''4 ::: - Body Charles f 1 t Today : Co Equipment president 190 a corporate 1 :' Ls1 11!Itt -- I 'S Ill' - Sanders Cover Club Foods Inc The new board of directors will meet at the Alta Club Nov 20 to elect a first vice president who will become (ofes:7 tthe a calculated :::'!-- Wi-I - ' V the ' ' - os '1 s Reelected to the board are Richard S Bennett Bennett's E Allan Hunter Utah Power & Light Co and Robert elec- Clair ufacturing Co L tliamsen Williamsen Prtivc'- of Works Geneva Sundquist LIS- - Steel group's annual anniversary banquet at Hotel Utah Elected to the board for the first time are Edwin Go&sner Gossn er Cheese Factory Logan James A Eberhardt Salt Lake Mattress RE 'Man- t - Utah Announcement of the tlion results highlighted : 1' I - - Manufacturers Assn Saturday announced election of the new directors and reelection of three others 3' ii i The c 4 (1 -- ss :''' 1 (-- )(VN - o--- - ' ' " i-- s 3 - 'I " - 7" - r111 '' O'' ' 5 New Directors Reelect 3 -- s seven-tenth- - ssss - i 4 : ): (-- ---- -r- "--- '3 ''-- - - '- ' --' iv - c illiameen 14 s- - -0 - Parollog ' j Gower htr Mr Hunter '- ( new I" - :': I :: 1 includes design '::- - : i tr-- - manager Saturday TT: I 'f' 0 1 r tAi plans a and rerun its Vote at W J Gd lancisipelg 'sidrwalks and 1' 'An adjacent iserylee sit1Tri I was razed to make roan for an employe andwtoe customer h 161- - al r: 43t 1- - ' Co &ding program at 414 E 2nd South I g : - expansion $541000 - tyr In SL F Goodrich 13 Ile jr41 0 Mr Eberhardt I - si :ICIII 14 ' ! i ?::- - 1:-- I : t 't'' 't : Mr Sundquist 1 0- -- : :- ' -- ' — I : 1 -- 441--- ' t i3 A4 1 b':'11-s- i: 7!I ' Mr Sanders r:--- $ i : Mr litud 4 ' ' '1 4'-'- i- ' ' 1-- - ' i ' ''-- 4 113z :2' t ' L! -- - : - By J A Livingston Pulitzer Prize 13USIneS3 Writer Sluggish fiist half zippy " - Ili $:'4' 1 se Walter G Emith thinks of himself as a salesman Utah rtwovomqtttt0gtrwtPmntK—mlmtgor—Arxttvretttorrm"tottomttoeMrm-'I- l ' w''''''''''''''''''l Presiect"ilgentlearlitOJMUnICIA'S loCf 11 Etel: ' is his line s If 4b e 1 I ' shnei?fri-- 48 7 ' dii'ector — I ItotsToN' TEKIk1) Advisers sized up 1961 nomic 4 PromoLitah's Industrial of of the year 1 1112evel‘boostichilteedruasst ':'-crouisispro(ntivacy 4 ! 1 lion Board will tell you his ': 3 iba-kdg- e t' -ii ' ''' been has ' ''''s'1 i 'dr ''" sellingwell ) product si r to record l exels tion i ' F' dboqtricescit S' 'two years but still t The first six 7 ' last the 'Was-not:1 ailimlant to ' aseessetss ' ' months were sluggish hasn't come into its own soss tic drilling operations 7 1 There are symptoms of Imof native The The number of wells com:: since June 30 But Ls also provement Salt Lake City actively i pleted by the domestic petroI the zip hag been largely in the deand in t research engaged leum industry in the third s price level — and in Wall to fall velopment he hopes will make quarter continued Stocks Street see his product tell even better pushed up behind year earlier levels a most of the year but throughout developing Total completions at nit& on two assumptions: still aren't t behind many people were 11 per ' of its existence" Mr aware One: That business would I ' 12 and but had climbed 'nt as the year advanced :reii Smith declared ''It wasn't too expand end the cent ' per by " That inflationary pres: that a lot of people Two: I ago long is September The year sures would mount ss thought of Utah as a place out i' deficit oi 15 and nisetenths ' But lately Wall Street has West with Indians and red -' i'16 had cent to 11 l'increased s''t ' per : been sending forth auguries: s 'different and those rock "' and per cent e The promised boom t the tiormorut" might not The latest official statistics people' materialize Corporate profits Is ' land State Hospitable '"1 'IS - ' : will 'S' compiled by the American As' I ssi's decline In that case sociation of Petroleum CANdo-4 But he continued industry 1:st stocks would not protect in1::1 IIndh'ate I Januarys!i"' '1' ' is finding the state more and i svestors against erosion in the ss s: s1 1 11 September well completions t more attractive as a new ' : ' - ''of the power purchasing :1 totaled 22947 compared to home sway fmrn the congesss t'::: L') dollar 26108 for the same 1966 perti ' :: A tion of the East and sections 4 - ! —s Fulfilled Pr011ibleti od The new ttotal the West CoasLs It also Is of s iss wildcats was 6013 com- c'" A 10 comi "Mormon the per cent drop In the finding parer d to 7222 a 0 1 ks year earlier munities" extremely hospitacent i sts ' ble Mr Smith added Poor's July Spurt 1 s Business and industry are since :ft brief spurt in July opera1 't l 'e 1(1T1!4 :1:::iii::: with Utah's off large i tiOns was followed by two con- - impressed l' well trained labor force and Y seo'utive months of decline ''!' : ) s Its location near major marin totaled :July completions 2: l kets of the West Coast its spot °rat- ' 31)61 compared to 2838 a year s ''- "" -- - - ed" they've declined 17 per one of the world's greats- atop t r ' ettrlier but August compleo cent from their August peak raw materials supplies i ' bans dropped to 2362 corn- - est I attractin is Brokers no longer ask one a big factor also ' edle 4 ptred to 3485 a year earlier ing industry Mr Smith said another hopefully "will the 3 - b September completions total Industrials climb "This is the center of the t ink 2465 compared with 2711 to 10007" The new for the world nd phosphates 1966 In: tremulous question is "Will there are large supplies of Walter G sees Industrial Smith future Similar trends were indicatthe industrials break 8007" coal and oil shale The ect for wildcats There were 802 potash Basin states tied to that of developing the is coming when technoloYet the economy did move day etploratory wells drilled in gy and transportation will up in the third quarter The July compared to 760 a year us to exploit all these In 1953 he went to Spain to total output of goods and sertrained at the University of eZlier but August comple- permit join a friend selling supplies vices (Gross National ProdPittsburgh Greatest of Them All tions dropped to 670 to the US Sixth Fleet While uct) increased at an 8 per The soldiers studied lanto 1045 in 1166 Septem "The ancient world grew up modern history and on the Island of Majorca Mr cent annual rate That can't guages wildcats totaled 657 cornlifljaround the Mediterranean be disregarded Smith met his future wife even though pared to 789 a year earlier Basin Then Renaissance ex- government in preparation for Filar whom he married in Inflation is imbedded in the duties occupation military bomestic drilling operations plorers moved activities to the United States in 1956 Lain — higher living costs "Just before they htve declined steadily since the Atlantic Basin We live in have four children They Expected Result reeching a record level of the opening of the Pacific closed the school and transAfter returning to Utah In us all to as ferred the K000 completions In 1956 infantry Basin — the greatest of them And three of the council's Mr Smith 1956 Mr Smith spent the next replacements" to all" he noted have come Prodicta '68 Slump predictions with firms proMr Smith was born on Can- said leaning back in large eight years pass housing starts would Ininteroil uranium and Ilk moting behind chair his the desk for spokesman crease yon Road at 3rd Avenue — Inventory liquidation in Ilaghes Tool Co an equip- - walking distance from the "It was a pretty traumatic ests the Four Corners Area would up Increased govrn:e n t manufacturer dry in He that participated actively experience for some" ernment outlays would p r po present Industrial promotion maintalm a daily check on Offices Gov L Calvin His unit landed in France rtampton's demand at 167 Social Hall Ave drilling trends believes the After graduating from West about two weeks after the 1964 political campaign and were expectThese the staff of the Indusalftimp will continue into 1968 High School he spent two invasion and was involved in joined ed to stimulate an upturn so Drilling for oil and gas in years at the University of heavy fighting including the trial Promotion Commission brisk that it would have to be the United States in 1968 is Utah then transferred to the battle of Metz where Mr following its creation by the moderated Presiby "the elpected to show a very University of California at Smith Wa3 mounded twice and 1965 Legislature dent's tax program" which He has directed the operaminor decline from he Berkeley Be graduated in received the Silver Star one tion Congress has sa4d since July of the nation's highest combat 1941 The unpunctuality of the As director of the industrial jut he indicated the longDuring World War 11 the awards upturn calls for a reexaminatpromotion board Mr Smith ion of assumptions Consumrege results of the Middle blond Utahn was assigned an Year Recuperating East crisis may halt the travels a great deal and last ers instead of rushing out to unit then transdownward trend ferred to a select group being ! A chest wound left him paryear led Utah's first trade 1 alyzed but about the time mission to Europe Japan surrendered the young Finest Hour soldier was discharged from the hospital to spend the next "I consider that my finest : hour" he declared noting year recovering From 1947 through 1949 Mr that firms since have received Smith taught music history at orders and inquiries about '' the San Francisco ConservatoUtah produced goods But because of the secrecy generatry and produced the instiMtion's weekly radio program ed by competitive business of classical music Mr Smith said he has never Ile returned to Salt Lake been able to measure the misCity in 1950 to teach piano Ile sion's success in dollars and i: 1 also reviewed musical produccents tions for The Tribune and Salt A second Utah trade mis1 Lake Telegram sion will be included in a Make Your Forum Reservations :: going to Mexico in Feb- 1 N ( th' Territory And He Knows 1 ' i :- 1 4 A(Iditi()ti to - I 1 ''' I Goodrich Maps': to Edd H Bailey President Union Pacific 1) il |