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Show ..WASHINGTON (AP) - j He and the ' titlecalled tliea lot Judge about the iS v ML V &S)rS3:4 tY7 . , ' it f 4 v7 s trt v? dont care if Its In the indus- a judge . . . still great a concentration Too this is my own of power now, philosophy personal doesnt have anything to do the SFX-- is with always something which should be watched, he said. Interview. While Budge likes to keep his opinion to himself, he expresses concern about giantism in American business. Weve expanded. Were now a ChevwayChevrolet dealer. Which means, we otter you a total transportation center -for buying, leasing or renting. Leasing isnt a mystery when you walk into our familiar Chevy showroom. You can check out the new Chevrolets right on the floor. And. well help ana-lyleasing vs. buying and which is right for you. Should now we have more than you lease? Ask Wilson Chevrolet one way to put you into a new Chevrolet. re 3 oamrvmv RENTAL SYSTEM CHEVROLET DEALERS LEASING mm mmm CHEVROLET 5650 So. State Ph. March 10, 1969 tee conducting its own hear- ings on conglomerates, Budge said he felt inverters may be the big losers when the questionable holding financing some conglomerates together comes unstuck. the securities industry. Questions of scale underlie several areas of inquiry the SEC has entered recently, he noted, including its attempt to assess the impact institutional investors have on the market and the economy in general. The agency is also stjdying conglomerates to see if these corporations that gobble up 262-341- 1 I I - 't The basic role of the SEC is to see to it to the best of its that the secu'ities ability market placps ere honest and efficient, Budge said, and companies in widely dissimi lar lines of business need to be curbed and if the SEC has the power to take them on. In testimony last week before a congressional commit the secuthat the products marketed in those rities places are honest products. o f favored by shopkeepers and other small businessmen to protect their savings, aLo rose sharply from $14.66 to $14.85. railroads, Tuesday's strikes the post office, taxis, Air France. Today the n network, the It would ORTF, announced strike. Mr. Rice said, The American public is beginning to wake up and live by taking better care of themselves. Mr. Rice said expansion plans will just about double the number of installations under Kennebec by September of this year. Two locations have been acquired in Pittsburgh, Pa., two in Wilmington, Del., and one in New York City. Within the month, new spas will be in Albuquerque, N.M.; Minneapolis, Minn, and Lakewood, Calif, Current mergers will also take in four operations in Kansas City and two in Cincinnati, subject to a favorable tax ruling, Mr. Rice said. four-mont- opening on the sales, Matelasse Aiure. Mediterranean Reg. $500 Sale The government, fearing trouble, put riot troops and police on standby alert. Report To Chamber Red h Black, Spanish Cut Velvet Black A Gold, Gold and Orange. Reg. $800. Sale Blue & ted Transitional Green Nylon cover. Reg. $495. Sale 3-- 96" Sofa-Quil- 96" Tuxedo Arm Biscuit Back Cushion Velvet Gold. Reg. $800. Sale 108" 1-- Italian Provincial 84" Loose-Pillo- Moss Green. Reg. $400. Sale Tight Chatom Quilted 1-- 1 84" -- Sofa & Seat n Blue & gold. Reg. $350. Sale love Seat Combination Quilted Reg. $500. Sale Hard-wearin- 84" Spanish Loose-PilloPumpkin. Reg. $400. Solo w color $41943 $28763 Members of the Salt Lake Area Chamber of Commerce will be brought un to date on February marked a new their organizaemployment high for Utah at tions activities a seasonally adjusted 399,000 for the year and was the total workers, it announced the Utah today by Department of Employment Security. Wage and salary employment was the backbone of the LaFayette Mr. Chandler Ballroom of the Hotel Utah ginning at 7:30 a.m. ARB05 SEES' 453 $21947 $19743 $32763 96" - 1 84" Italian Provincial Sofa Sage Green Matelasse cover. Reg. $550. Sale 1-- & Beautiful Sofa Gold Tapestry cover. Reg. $500. Sale Decorator Chair 2 only increase as the agricultural and groups ac-- t u a 1 1 y experienced slight seasonally adjusted declines. be- all Mrs. Chair spice-quilte- d 35727 s23763 $29753 Ea. $4763 upholstery High-Bac- k $0000 77 127 - Back Accent Chair. Green-Gold- Beige. Woven Chenille Velvets. Reg. $149. Sale rrel American economy. Fork, The breakfast program also attendedPeay, South calls for reports from each of High School in the five working councils of the Salt Lake City Chamber. and the Um- - $69S3 rate. versify nt TJtci. Us hss Cwu tinued his banking studies with the American Institute of Banking. Since beginning his banking career, he has served as head teller and operations supervisor in several of the banks branches. He has also been an active member of the American Institute of Banking and is currently councel within Zions Bank. Utah Power & Light Co. has promoted La Veil J. Jensen to assistant to the Salt lake Di-- Agreement was reached Friday by sugar beet growers in Idaho and Utah with Sugar Co. on all terms of a beet purchase contract for 1969. The agreement was reached after a series of negotiating sessions in Pocatello and Salt Lake Utah-Idah- Utahs unemployment rate rose a notch from Januarys 4.2 per cent to 4.3 per cent. The national unemployment level is 3.3 per cent. Still, unemployment in the state remained significantly below last Octobers 5.7 per cent 2 UP&L Promotes Okay Contract $4953 The wage tnd salary total for February stood at 349,700, a strong gain of 2,900 workers from January. Zions Names Aide Beet Growers Chair. Chenille Velvet Cover 37 Many Decorator colors to choose from. Ea. $189.00 Reg. Solo 14 Mediterranean Sleepyholly Chairs Upholstered in Crushed Velvet and royal blue. Reg. $198. Sale 19-Ba- $21 947 Transitional 96" Wheat The European Health Spas, which are headquartered in Salt Lake City, are designed to appeal to executives and higher income people. In addition to the normal array of machines, they exercising usually include a health food bar, whirlpool baths, saunas, steam rooms, swimming pools and sun rooms. Utah has two of them one in Salt Lake City and one in Ogden. Employment Up In Utah The member-- s h I p meeting will be held at USES' S1U9 9035 flKB IHHIKingtE Custom Sofa 60" love Seat Quilted Horixon Blue & Gold. Reg. $600. Sale 1-- The total number of Sna locations will then number 54 he said. CORNER ON COMMERCE Activities them at their annual general meeting Tuesday. 09 1 96" Cut Velvet Solid Oak Frame. Reg. $800. Sale $24927 Construction on new Health Spas will begin by April in Connecticut, New York, Minnesota, Georgia, Pennsylvania, Wisconsin and Colorado, he added. state-owne- radio-televisio- PARTIAL LISTING ONLY! EVERY ITEM ON SALE! 84" V'j To Expand, Reports Record In Sales Kenneth R. Peay has been named assistant branch manof the 7th East Branch of manager of area development ager for Colorado Interstate Gas Co. Zions First His company is taking over the National Bank, Northwest Pipeline division for- announced W. Simmerly operated by El Paso Nat- Roy ural Gas Co. in Utah. Mr. Chan- mons, presidler will tell the members how dent. Born in CIGs plans will affect Utahs SAVE ON SOFAS i Spas features a new Round House look. A special industrial briefing win De given by Jack Chandler, GRE) vaEGStEBBi GREffi l& GHB3CB I - Kennebec-Sp- a Kennebec Consolidated Mining Co., the parent holding So many unions have called company for many of the Eustrikes for Tuesday the nation is ropean Health Spas, today reexpected to be paralyzed. All ported record sales figures are seeking wage increases and said it planned a large despite the governments stateexpansion program. ment further inflation could Kennebec and the Spa orgawreck the economy and endan nization merged last year. Robert L. Rice, president of ger the franc. . Kennebec, said net profit last NEW CRISIS mm KiQisrammoBg yo ejiii Qnaacantgiirr ' yt v Design for new European Health on legislation which will affect fi . -,- tj & day. Growth InWest csaaaD n w i year were $1,164,639, compared with $750,547 in 1967. h Sales figures for the period stretching from October through January show an increase of more than 44 per cent. For the period ending January 1969, the sales were $4,218,800, com pared with $2,927,200 the year year end, compared with $115 million in 1967. The daily average borrowings of member banks from the branch increased to $8.3 million from $1.2 million in 1967, reflecting increased activity at the banks discount window as a result of tighter monetary conditions. u fj .tiAJLV Should the franc tall it would pull the British pound sterling and perhaps the dollar along with it and the world would he faced with a new monetary The economic growth of Utah, request o! the member commer- crisis. the Wests However, central bankers met in Basel, southern Idaho and eastern cial banks. Nevada is reflected In the 1968; The Salt Lake branch counted Switzerland, this weekend and 68 million pieces of coin with a postponed international any operations of the Salt Lake value of $7.2 million, and 20 milto rescue the franc. before. attempt branch of the Federal Reserve lion pieces of currency totaling They did admit this week would Commenting Bank of San Francisco, the be crucial for the franc. $156 million in 1968. of noted banks board directors Member bank reserve Almost every phase of the recently. accounts held by the Salt Lake will be hit by The Salt Lake branch which branch totaled $136 million at economy serves the three states processed 59 million checks in 1968 having a total value of $15.7 billion. In addition, more than $20 3 billion was transferred during the year by its telegraphic system, which receives and transfers funds to and from all parts of the nation at the - iHm'"" PARIS (UPl)-T- he price of gold soared to another record on the French market today $48 81 an ounce. The rise reflected growing uneasiness over massive strikes which could cripple the nation Tues It was the flxth consecutive trading day the gold price has reached a record. Todays price was 50 cents an ounce higher Its the commissions job, than the last Friday price. he told a reporter, to see that SHARP RISE Investors knkow the risks and in with their eyes open. go The Napoleon gold piece, FRB Reflects ? LEASING ? - .if x Monday, government, private try, the banking Industry or While refusing to comment on the Nixon charges. Pudge tsaid I think the SEC will continue to do its job just as it ! has in the past, lie said in an M Ffrrrr I'l I By RAY HERNDON !x' in Hamer Budge New Highs k 4C I heavy handed." " J -- y V -- , v says ' & Soars To yJ style of Hamer H. Budge, new boss ' of the Securities and Exchange Commission. The quiet, dosed mouth, judicial way of doing business - used for by the mer Idaho congressman puts him in sharp contrast to his old friend and predecessor, Manuel F. Cohen, who resigned last month under pressure from President Nixon. But the new chairman, who was elevated to the job after serving as an SEC member since 19G4, says there wont be 'major changes in the policy of ' the commission, which was criticized by Nixon during the presidential campaign as Gold Price npjfs o vision er. Jensen has s u p e r v ised line construction and main- tenance during the past two years in City. his capacity of The major terms of purchase assistant Salt for 1969 will be the same as in Lake Division 1968, according to Arvil Millar, s uperintend-ent- . Mr. Jenson Shelley, Idaho, vice president of the Idaho Beet Growers Association; Rowland M. Cannon, U.S. Steel president of the sugar compaA PITTSBURGH, PA. ny; and Avery Beck, Gunnison, vice president of the Utah Sugar further diversification of U.S. - Beet Growers Association. Steel Corporation's activities is A native of Salt Lake City and an electrical engineering graduate of the University of Utah, Jensen will assist Salt Lake Division manager W. R. Cunningham in supervising personnel who serve'eustom-er- s in Salt Lake, Tooele, and Summit counties and Evanston, Wyo. UP&L also announced the promotion of C. T. Fowler, a veteran of the utility, to general line supervisor for Sait Lake Division. Diversifies indicated in the formation of USS Realty Development The new division is expected to formalize further ven- tures and projects of real estate development, said E. H. Gott, chairman of the board. wider-rangin- IT ramp 3 STAKE TRUCKS ansnii a ERVICE from g We plan to acquire real estate either undeveloped or and to partially developed improve it through planning end construction. We plan to sell, lease, retain or opeiate these projects as may be indicated by the facts in each case. SOUP and SANDWICH LUNCHEON SPECIALS! 0jSIiGEGIi(EC 033T-O3- ) Gft onD&n) Bowl of Soup du Jour, Egg Solid Sondwich, B avenge ffi&ii dini'fJTi Bowl of acuta Salad Q3EB TRUCK RENTAL ghiib CENTER 486-202- Bowl of Chili Crisp Saltine Crackers aA S 7$ W. I .. Me TEMPLE SQUARE COFFEE SHOP 8 52 Ml ....$$C Bowl of Soup du Jour, Grilled Cheeso Sandwich, Beverage 342 W. 13th So. SUNDAY PHONE Soup du Jour, Chicken Sandwich, Beveriga 71c (Ml MSL SO. TEMPLE, t -- If" SALT w UXE nauct CiTT |