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Show As House, ' By ARNOLD IRVINE News Staff Writer iVseret Detroit isnt exactly shaking In its boots over Salt Lake City's threat to its motor supremacy, nor is Ibex a name youu often see on the , freeway. lu fact, you may never see an Ibex truck on the freeway. There are about 40 of them operating in the western U.S. and Canada, and they go in where the roads don't rugged terrain that would atop an ordinary truck cold or. in truckline loading yards. Ibexes are built from the ground up at the Ibex Motor Truck South. Corp., W. 847 17th BIG AS IIOI .SK Named after a Himalayan mountain goat, tire Ibex truck an climb steep, rocky but the resemblance toi the goat ends there. The tr (ick is as big as a house end s delicate as a charging moun-tajusid- priginally designed to haul loads on electrical heavy highline construction projects, the Ibex has begun branching into other fields. JThe little yard hostler lias become a popular vehicle with the, trucking firms. V two a er e mjrnth, remarked Ibex Vice 3 Resident Charles S. Willis as ha surveyed the assembly line in! the plant. building JFOR work The truckers long have lirtded a compact but powerful tractor unit that could readily hopk onto any type of semitrailer and move it about in the freight dock areas, Mr. WJlliS explained. Before Ibex oajije up with the hostler, the cojnpanies had used old road units cut down and remodeled todo the trailer shifting. But, atjbest, these were too clumsy toido the job efficiently. Jlr. Willis designed the hostler specifically for the yard work with a proper size power ui$t and a special pneumatic hitch that simplifies the and uncoupling process. The hostlers top speed is 25 rifles an hour all thats needed in the yard. Designer and builder of the first Ibex five years .go, Mr. yard g Like i kiA:' Willis still does the company s designing. He now has a crew of mechanics to do the building. He is a Hoosier transplanted to Southern California, and he cut his mechanics teeth in the trucking industry when it was in its infancy during the late twenties and early Winter Carnival Plans UnderWay thirties. He rose from mechanic to superintendent of maintenance and was transferred to the Salt Lake facilities of Interstate Motor Lines in the process. A heart attack incapacitated him and he resigned himself to a premature retirement. February is Winter Carnival month in Utah and the Salt Lake Area Chamber of Com- I was sitting home watching soap operas on television, is his description of his retirement, but it didnt last. George E. Hafer of Hafers, Inc., Salt Lake automotive parts dealer, and W. H. Kib-bepresident of Jelco, a contracting firm that specialized in erecting electrical lines and equipment, persuaded him to design a truck that would haul heavy equipment up and down roadless mountainsides without constant breakdowns. GETS INVOLVED Once the design was completed, Mr. Willis found himself involved in the construction of the new truck, That was in 1963. He has been designing and building ever merce is planning a special of p a ckage events for the annual affair. Ron Larsen. 1965. Mr. Hafer became president of the firm with Mr. Willis as vice president; Harold Canada, secretary, and Wendell Packer as treasurer. LEADS TO MORE The success of the first truck led to orders for more and the plant grew in size and in personnel. In addition to building new trucks, the company took on the job of vehicles for the rebuilding Tooele Ordnance Depot. Normally there are about two dozen men working in the plant, but the number of employes has gone as high as 56. The first truck required 1,100 total man hours to build. Now, a Six by Six, the largest t 4 nidi Firm Uated High February. The carnival is S. of the from a Utah-mad- Bank a Newman, president an-- chairman of the board. Net earnings, before taxes, were $2.17 a share, he said, truck, can be put together in about 600 hours. The company owns five patents three U.S. anu two on $4,538,015 year ago, reported Frank B. vehicle that acts like a mountain goat. e 1-- 15-1- Davis Bank Increase South Davis Security This is what the driver sees from inside the Ibex, ' Included in the month-lonevent will be the annual Intef-l- ; " line Ski Party. Feb. Snow Feb. Rally, Jeep cutter-chariracing, Feb,. snowmobile races, Feb snow sculpturing, Feb 21; exhibition figure skating, and a hockey game, Feb. 22; Snowball Express. and a from the Union Pacific Depot to Park City, Mar. 1. and reported a stock divideilti share for each 10 held will be sent to shareholders of record Dec. 31. Mr. Newman called attention to the growth of the Soutfi Davis County area and the ineconomic creased activity there. of one VA Interest Hiked features embodies in the Ibex. Chassis and cab are built in the plant and the company moulds its patented hood and fender unit out of fiberglass. Engines, transmissions axles and some other components are supplied by other manufacturers. Mr. Willis found the name for his truck while helping his son do homework. They saw the Ibex article in the encyclopedia and Mr. Willis decid ed that thename and the description matched his vehicle. This is the Cadillac of this Mr. Wiltype of equipment, lis said, opening the cab door of a new Six by Six. We dont intend to be a business and I dont want anything out on the job that we have warranty problems with. His first Ibex still is hauling equipment up and down the western mountains. The As the WASHINGTON (AP) rate on budget and monetary policies interest effect and the excessive e mortgages insured by the steam is removed from tho eral Housing and the Veterans maximum Fed-jtek- aU m interest rates Administrations has been raised just mortgage rates, can be to 74 per cent in what is expected to return to more as an interim, emer mal levels," Romney said. gency measure. The 4.6 million outstanding mortgages are hot George Romney, secretary of 'affected by the action, housing and urban development, said the action Friday was long Also unaffected are two fet: because overdue, mortgage erally financed programs which become had increasingly provide loans at 3 per cent fo money difficult to obtain under the pre- - build housing for vious 6 per cent maximum families, FHA-insure- d rate. Romney said the step is only interim because this admin-- j istrauon is determined to con- -' tain the inflation that has pushed interest rates to the! highest levels in history. Donald V. Slater, left, and Charles S. Willis work out design. ! . 2MN. IM-I- tPS-WBoootlfol AdelH 1.21: Child. Show Of 1:49, 4:40, ;2 AT REGULAR FOX pacific Intermountain Express Co. has oeen chosen the the Week by the Electronic Stock Evaluator Corp. i iTE (30) is a prominent transcontinental trucker. LJiwjer 1968 revenues are expected resulting from disposal of surface freight .forwarding operations. However, possible ac- ntiiiiiiiiiiiiiiiiiii quisition, significant outlays for terminals and equipment, and the recent rate relief Stocks should enhance 1969 prospects. Earnings for Of The the twelve months ended September, 1968 were $1.81 per share compared with 90 cents Week he twelve months ended September, 1968 ESE estimates earnings of $2.50 per share lor tne next twelve months. An annual dividened of 80 cents per share is paid. THEATRES NATIONAL DECAUSE OF THE UNUSUAL ENDING No one will be admitted during the fast 12 minutes. PRICES. Ill new screen splendor. Tlir most iiindiiiliccnl picture ever! CORPORATION GENERAL he Toughest Hellfighter of All! JOHN WAYNE -- KUHAR1NER0SS 'Stfih Thai rf 'ORaouatl o'Oi. JIM HUTTON 33 mimcmRs r V. 4T STOCKS FOR CAPITAL GALNS w vy. I )Mr UM1H. Mas I CHEMICAL CORr. (53) HES is engaged lij defining and marketing petroleum products. Hess & Amerada have reached a substantial agreement to form a new company. Exclusive of Amerada, increased efficiency and ejpected advance in volurfle should reflect improved profit rtargins. Earnings for the twelve months ended September, 1&8 were $2.16 per share versus $1.78 per share for the previous twelve months. ESE estimates earnings of $3.00 per share for the next twelve months. A quarterly dividened of 7U?nts per share is paid. LEHIGH PORTLAND CEMENT CO. (19;) LPT is a major cement producer in the United States. The company agreed, in principle to acquire Trinity Carpets, Inc. and affiliated concerns. Anticipated diversification, expansion of most major markets and more stable cement prices should contribute to potentials. Earnings for the twelve months ended September, 1968 were $1.12 per share versus 58 cents pey share for the previous twleve months. ESE estimates earnings of $1.50 per share lor the next twelve months. An annual dividend of 60 cents per share is paid. ! CHESAPEAKE OHIO RAILWAY CO (73) CO is a lead lug lactor in bituminous coal traffic. The federal government has filed criminal charges against the railroad alleging it clijnged lower coal hauling rates to Dow Chemical Co. tnan those on file with the ICC. The company will plead not guilty. CO'$ control of Baltimore & Ohio, pending control of Western Maryland and the recent raise in rates should lift 1968 revenues. Earnings for the twelve months ended December, 1968 were $5.09 per share versus $4.74 per share for the previous twelve months. ESE estimates earnings of $6.50 per share for the next twelve months. An animal dividened of $4.00 per shire part increased its resources by 28 per cent last year, rising to Biotic of . HESS OIL On Commerce weekend during the month of $5,809,956 Chamber's effort to promote the state as Winter Funtier West, said Mr. Larson. g Chamber staff iiiiiiiiiiiiiiiiijiiiiiiiiint member in charge of the carnival explained that activities are being planned for each since. Our growth has been real slow, Mr. Willis said. I get scared every time we expand a little. We incorporated in January 25, 1969 Saturday, 8A v 1L10 01 H OMK. . 11 RIALTO 272 So. Mom Fh 355 301 Delon SIC NfUWGMDM GXfc BSop1 "CaupU" 1 ilS, 4:45, :!$ 4 Lion" 3:00, 4:30, 10:00 "THE ODD COUPLE".' Tew Across gfi AT The I0TH Jk River MCHMCOLO THEATRES w..r m., plea 'THE PAPER LION" dflajjiX'lHr 4S.1 StGEfc TM - SATURDAY oni 1 ii, ,,..C1'PAPER 4., "THE LION" SUNDAY Lth I M.uMi" 1:I5,5, 15, 45 WEEK! inny. j 'stiHOMHitiiiiknr.i 0073 S5 l:l.::V4CT ITCHUM (GINNING. THRIUING OPEN DAILY WITH IMS A ONLY! CO HIT AT OLTMPUS TALI OF A "TRIP" MAN WHO TOOK ISO IT MISTAKI 6AO5 0- 0- JIGSAW' f LOOK TO THE NAAAE WALT FOR THE REST IN FAMILY FNTERTAINMENTI V' UPTOWN 53 Jo Mailt 3ll4lh!j i tti Eait M00 262 5535 OP'S ASf 1 EE IX 4 a Sa. OLYMPUS drivum V 4 LHUAQMT' 'I M 5 M, is paid. II El SEN COUP. (27) PVT I holds a of mens dress shirts. The as a manufacturer strong position company has agieed in principle to acquire Rices Fashion Conner, Inc. and Myers Bros., a chain of five department stores. Increased production efficiencies, expanding apparel lines and the development ot retail store chains should make these shares attractive for the long term. Earnings for the twelve months ended September, 1968 were $1.35 per share versus $1.10 per share lor the previous twelve months. ESE estimates earnings of $2.00 per share for the next twelve months. No dividened is paid. ; PIIILLIPS-VA- Tb Electronic Stock Eveluator Cor poraiton of RockviMt Centre, New York has (elected the five securities lived above tor oustandino fundamental value end st3pveeveraqe market interest. ESE. uses computers tc perform tasks cemmqrly done bv individual research has However, the computer analysts. the advantage of speed, enabling ESE 2,500 to analyze approximately ties each week. In forecasting the action of a security ESc obtains mates of eaminos, dividends and from several different sources, programs a consensus of these mates into the computer. this respect. the Nefidktrckitf-Twiitm- art the aiam citmtaH af "1C! niRA." Mar ii pictwr THI WN0LI tMtMfttt SM0U10 INJOT." rorn O STATION FAMILY OaM The fantasmaforkal wustcal entertainment in thehistoty Jimmy Dean et SAT. AMD SUN. 1:30, 5:00 1:1 S Show Feb. 17-2- A 2j eecuri ition price esti tales nf and esti The compufern then assigns a rating to the security whicn serves as a gua made by ESE. for the reccmmenoetlon Since me rating assignee fo a secunton me estimates is laigely dcccndent obtained bv ESE ihe accuracy ot a rec ommcndation is dependent upon the accuracy of the estimates obtemed. In end "finftmeil-litiit- and SUN. 2:00 and 8:30 SAT. inoivduel research analyst and the compu'er are subiect to the same limitation. General economic conditions, national crisis, or news events which are unpredictable also may save influence on the securi e recommended. ties that RfMIMPra TWf LIH MAY OfPLNO On Iff A Rock Hudson VLMNVlD (A'S AvSU AV AiiASl I At ZCVi 3 vv' An rr .oj GOOD NOW Olhir MATS AVAILAIlf St'VfD also ii Chfi'q Kft2 Hifhijnd Dr, HU 77496 AS0 SuS SA J OO I JO Hili '.tATS IICI.I StcA milabu at ZCMi VILLA tick.! tlticti it Tilt Mu., Mini 0 i . i, . mil St I Mu, lllirts Jim Brown :s5 Oo9 H H CHisct YOOR TICKETS AY 1CM1 CAJTICTOMS OS SUSS STORES Patrick McGoohon Ernest Borgnino J3 I62S to yout ortOw'Yl A' Fo't Soi. ;r; js;i i COTTONWOOD MALL 5001 H (hl.nd 211 4111 Or. V 21 Will hitii, inf Ih.itit I,. OltKI Ctll 7151401 i 4 ; DELIGHTFUL IMPACT OF 'SECRET SII IT FROM THI ,1 J , WONDERFUL QjHsnmKEnssB e. - sm. "THE BIG MOUTH" ; FORA ) . 7 Opw GALLOPING FOt TNI FULL ORIMONY o Osm i sm, , : |