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Show 4t m m nil m y ? 1 CORNER ON COMMERCE Mousing Hit Hard Bank Elevates Officer inflation Fight Bn - Housing, in the wolds of a Cabinet member, is the commodity most needed by all With food and Americans. clothing, it is one of the most basic requirements for survival. Beyond that, it is essential to the quality of life. liniNEW YORK (AD ng has pmorged as the first casually in the battle against a battle which inflation economists believe involves nothing less than the survival of viable economy . Housing is the traditional casualty of both inflation and recession. For some reason this has almost always been so; the penalty for economic wrong is levied on housing, where even more damage is done. t The Commerce Department has just released figures that show an 8 per rent decline in the annual rate of housing starts.' The latest surveys show the March rate of housing starts to diopped fiom 1,539, 0U0 February. Permits 1,673,600 in for future construction, which usually foretell future activity, dropped to 1,370,000 from some other By contrast, segments of the economy continue to move ahead against the inflation fighters. Spurred by a tax tiedil, business m has big spending general plans. Government spending, though cut, still remains high. Not only are present housing problems leaving the nation with less living it needs, but it is , V,ng. Mm mg the style of lam" of the new com; rat ton is apartment housing projects. The dangms o a downturn in housing can b- Vain anv i graphically. nnw at or near t!'"ir low est In a decade! lurd nf thousands of hciis.ng units need to be lepl.wed; household foi malio'is c re i mg. housThe fo: . iclentloss, ing is, therefore, but the nation is getting less bousing. Whereas something like two million new units needed each year, the nation is; getting only 1.5 million to 1.6 million. mc-tha- Are You Protected? Independent Insurance Agent YOU i s WINDSTORM HAIL AND HOME AUTO BUSINESS INSURANCE For Personal Service. Call Kd Henry Om ae RICHARDS 764&tiC. & 1 Ph. 486-722- street Wanted U'ij'uhi;-Is- - s NO. s 1 Securities Salesman )OI)BL'KY V( st So. 341-2- i pro-.sm- & PERSONAL BUSINESS Ph. Dairy Cites '68 Sales nd Sales in S17.723,0'5. totaled 1968 e Dairy-Pi- d Eugene Pace re-- I today at the association's annual meeting in the l'o'r! Utah. A. . or:l newly-create- He piedieted that the 19C9 sales for the association would reach 520 million. The unit's 948 producers were paid 87.231,124 for their milk in 1968. i An Works For Hi-La- 1,447,000. to go! New Issue ready WRITE 328-499- 1 oit523 Silt P.0. distributes Gains Reported By S&L Firm and American Savings Loan Association boosted both its savings and mortgage loans made during the first quarter. G. Blair Bradshaw. president, reported at the annual meeting. Savings were up 8.7 per cent, he said. Net earnings were 8207.668. or 18 cents per share of common stock comparable to adjusted ra inlaws for the same period of 1918. Total volume of locus projected for the full - err is estimated at 827 mil-bi mainly for tesiden-t- i. construction. o Like City dairy products in an area extending from Jackson, VVyo., on the north to Las Vegas. Nev., on Hie south and from Tooele on the west to Craig, Colo,, on the east. The largest expansion project in 1968 was the acquisition of Pet. Inc.s Richmond plant in Cache Valley, reported Louis R. Curtis, general manager. He said the of plant began production rheddar recently and now is shipping to West Coast as well as Mountain West d rbee y n Record Sales Reported By DSSiKKtee S0S SeticCo Color TVs 23-cu.-- ft. upright freezer originally 369.9S 299.! now 18-cu.- upright -ft. Amana freezer originally 329.95 259?.?, now 19-cu.- Amana -ft. side by side originally 569.95 4 now "'74799 Amana 22-cu.-- ft. side by side originally 629.95 portable TVs -color portable color com. binations. Prices n black and whit portables Redie stereos starting at ......itiiin Black & White consoles 189.95 Color portables from 279.95 Color Consoles from 399.95 Color Combintions 699.95 Radio-StereCombinations starting at 149.95 with let maker-539- .95 Amana 17-cu.- -ft. 2-d- frost free oor refrigerator originally 379.95 now 17-cu.-- 01.1,289?, Amana ft. all refrigerator 1 only Copper originally 399.95 now QOQ95 lon'r Oi 21 -- ft. Gibson upright freezer originally 329.95 last! 249?.?, We carry the cemplete lint ef Norge end Cibioe refrigerator -lidt-by-iidt freezers ranges at tbs seme chest freeiers terrific savings. All Over 300 dinettes at least in stork 79 on display - 5 pc. sets TfllR tessoieeitttltil sets from CQS sMsiiMiietltei w sets frOIR MiesiieeMtsiee AQ95 Sky-lin- g, occasional tables oil styles all all name brands colors at least V3 off. Over 300 on salt Over 150 rolls of carpet must bo sold prices starting on 100 nyion. 3,s-d- . Wool Wiltons at same big discounts. Savings Big on desks, chests of drawers, record Cedar chests cabinets buffets headboards and hutches and 1,000 other items space doesn't permit listing. tit Dtlox bed twie frames Oueeetiie deluxe Kii.g delukd.. r fell ... O ll 1C 95 Complete line of Hoo-ve- r vacuums, polishers and etc. Jf OC95 ...Or sectionals 159 Rediners Over 200 in stock. All all styles, ors prices starting of.... . col- 1Q50 Rockers-- 1 Over 200 in stock prices es rec!:ers ft 29 on Swivel rockers a0095 starting at Over 100 odd chairs 3 off least starting ........ V3off Over 1,000 table lamps ZoU least portable Stereo over 500 stands in stock prices TV & - r!"! 99c Unfinished er ... . ... Over 200 to.... ...99,s 10995-1199- 5 &up Such famous name brands as Bassett, Lane, Owosso Ayers, Vaughn Bassett, Dolly Madsen, Sandberg Ward and many others. Over 40 on display 379 sets in stock Bunk Beds Hardwood Sets Camplet with mat ladder. beards, reile, 79 Deluxe Bunks. Complete Reg. 149.95 .q9S Bedding Twin bed or full sizt Spring and Mattress starting SIZ6 95 OQ95 f a 10-y- ft TO-y- r. guarantee r. guarantee 149 Cribs & Mattresses .26 ali-bra- ss !2off Deluxe crib 3 colors Whits. Complete with spring and mattress frame and headboard originally Bar Stools at big discounts !.w5oir....545 deliveries can be arranged. We ship also. ing. M. D. Borthick a vice president ... naMo., Apiil 28 and 29. The tional winner w ill receive a scholarship. A senior at Olympus High School, he is a son of Mr. and Mrs. W. Wayne Prince, 2222 Melodie Ann Way. 81,000 university - The REXBURG, IDAHO first annual businessman of the year award of the Ricks College division of business and economics was presented to Warren Widdison, manager of First Security Bank in Rexburg. M Dr. Homer Warner, director Gas Corp. and Ranchers Ex& Development ploration Corp. The body contains at least 150.0C0 tons of ore with an average ol more than per tent uianint oxide. cardiovascular laborathe LDS Hospital, was at tory guest speaker at the April of the meeting of the Utan Society of Professional Engineers. His subject was applic- of computers ation to medicine. Firm Names Secretary of merchandise containers direct from any origin in the Ear East to Salt Lake Ci y. This will eliminate a great deal of wharfage and handling expenses, eliminate unnecessary packaging costs, and cut down the pilferage evident cn various waterfronts. LML has long been active in the Far East import business. said now that Utah has secured Customs faciliHouse ties. he will woik ti more business into the Utai area front the Far E.it fo: warehousing, stor;i"c rnd distribution throughout the United States. has Utah been long thought of as a distribution point for the Western part of the U.S., he said. It also holds many advantages for goods oiighating in Japan, Thailand. Hong Singapore. Kong, Marila and all Far Eastern points. With the r.ew Customs Office heic, it will be possible for IML to move through- - Ricks Cites Banker Addresses Engineers entuie with Housuon Natural Gorden ChristenOGDEN sen has been named secretary-treasof Great Salt urer Lake Minerals and Chemical. Corp., which is currently dollar building a brine extraction plant near Little Mountain. Harold J. Andrews, presi-- . dent of GSLMC, said Christen- sen joined the firm in early 1967 after serving fo rmote than sever, years with the Ogden firm of Atwood, John- -' son and Costley, CPAs. multi-millio- n J Mutual Funds Tharsday'8 - Questions National Association of Securities Deaitn, Inc. lid Ask lid Ask lid Asked ltd Asked 2 43 2 87 Cons 1.97 9 18 Inv 13 1213.501 Ham Hda 5.45 5 96 Omega 'herdn 1.56 1.70,100 hnd 16.7011.25 Fd 8 .J 9 U3 Cnsum I 567 6.201 Harder v 17 15 18 97 101 Fnd 8 99 9 68 Conv Sec 10.53 11 51 Hartwel A ft 10.73 11.73 Fd 14 74 15 93 H 8. C Lv 17 34 18.97,One Wm 114 1 25 Cntry 16.54 16 54 All Am 14 53 15.71 O Neil 12 3 U 69 Crown A Ohs 17.94 19 09 W 8 10 8 85 H&C Lv 14 86 16 24 Opph 6 21 6 79 DeVh M 73.12 7j.l 2 Hedge Amcsp 15.64 16 29 Penn Sq 13.67 14.94 Horace AmBis 10 32 10.32, Penn Fd 15 23 16 64! Hub Fnd jAm Dtv ( 5 37 5 ft' Phila Fd 15.24 16.70 9.16 10 01 IDS Nd Am Grth 10.14 M.Otf 6 19 6.77,Pgrm Am Inv 3.96 4 34 ISI Gr phos-Iphat5 03 5 50 Pilot 1.72 9.5j 7.34 8.04 ISI Inc lAm Mut 17 42 17.42' Imp Cap 10.87 11 12 Pine St 12.2512.25 Am Pac x '.3. 7115.24, lrr P Gr 14.67 16 03 8.59 9.12 Pioneer Anchor Group: Dryts 13 37 14.61 Inc Fd 13.23 4 46 Planned CD Fnd 9.78 0 72, Eaton g Howard 7 94 8.70 Price TR 24.35 24.35 11.56 2.56 Inc Bo$t D.v Gr 13.83 15.16 Bal present. 10 67 11.35 14 77 16.14 Pro Fd 12.53 14 79 Ind Fnd Grwth 6 60 7.39 Ind Am 5.45 5.96 6 56 7.17providl Incms 5 11.71 12.64 Gunder attributed the inpi Fd 13.7? 14 99 Ins g BnkiSl 7.11 Puritan stek Fd 15 93 1417.31 Inv C Am 14.69 16 05 PUTNAM 14 73 6 11 In 10 40 10.43 FUNDS: Guid Eberst crease in earnings to thp strong 0 13 8 84 Egret 14.4 15.741 Inv Ind 15.53 IS 50 Equity II 71 t3. demand for proprietary agricul-jtur10 09 10 97 Fnerey 13 35 14.59 15 35 15 35 Inv Bos, 14.94 14 35 Geo 7 99 9 88 10. WIN VEST1 GROUP: 1 62 Enl Fnd 12.1513.21 Grwth chemicals, an area in 6 55 7 12 Equity Mu I Inc 9.121002 10951190 10841150 9 04 9.04 Eqt Ga 21 29 23.ul 18 (9 20 701 7.44 1.15 Siock Inv 'which the company has devel12 91 14 11 Essex 14 95 14 931 12.1213 75 Select 9 20 9 99 Visit 8 15 8 51 Everest 14 97 19 35 Var Pay 9 52 9 24 Rep Tech 5.93 4.44 oped a strong position. 10 52 11.50 27 :9 29 13 Inv Res 15 01 1440 4.94 5 40 Revere Expl Fd 8 93 9.76 Fpfrfld 24 15 75.42 Ross L M 9.73 10 41 13 54 1 4 90 Istel Ft 15 95 17.43 Sch.sf Broad St 15.15 16 33 Fm Bur 11911191 Ivesf 17.77 19.41 Bullock 16.12 17 64 Fed Grib 14 9114 5) Ivy Pd 26 77 24 77 SCUDOIR CG Fund 10 32 11 16 Fd Cap 12 78 3 89 Jitnstn 21.78 21.78 FUNDS: 19 38 70 96 Fid Fun 17 79 19 23 KEYSTONI: Cnd Fd Ini Inv x!4 04 14 29 9.19 10 08, Fid Tr d 27.02 29.37 Cust Bll 23 5 21 78 40 90 40 10 Cap Inc Spec 71 54 73 3M del Oust Cap Lift 7.60 132 PIANCIAL '5 90 15 94 11.4211.42 Cent Shr 11.71 12.80 PROGRAMS: 10.29 11.23, Com Cust 15 55 14.1 a ti 1 1 Dyn 9 09 9 92 .See Dv Cust Channinf Funds: Ind 13.15 14 37 Balan 5 ;t 4 23 8 82 Sec Ed 5 71 4 32 4 72 7 77 Inc 1.9f 2.13' 4 73 9 54 8 51 ComSt 22 38 24 42 Sec In 7.49 I.19 Fst Inv G 10 1111 08 12 04 13 14 Sel Am Grwtts 10 80 11 9 8 64 9 44 Pst Inv $ 9 531041 17 47 19 32 Incom 9 44 9 8 Sel Spc 3 34 3.65 Fst Multi oecl 11 11 11 28 11 04 12 37 4 43 7 24 Sde Pd Chose Group: 1 28 9 05 Fst Nat 3 49 4.01 Sigma 11.40 12 98 Fnd Bos 13 If 14 42 Fietchr C 9 7? 8 32 9 12 Smith 10.24 10 14 Frnt 104.29 108 92 Fietchr F 17 84 Knk Oth 12.21 11.37! Swst Inv 10.1S IS 97 11 51 11.53 StBos 13 55 14 ft Fla Grth 5 15 il.m l os a 9 5vv, ii 5 84 6 39 Lex Res 5 94 3 94 14 54 18 38 St Perm Chm rd 18 il 19 87 FJ If Col Edt 7 17 7 84 Sta'e 5.40 5 90 Fnd Mut St 3U7 32.58 I 96 9 79 L'brty Col Fd X13 13 14.35 Feu- a F 13.10 14 37 lift G' I 7 I 43 ' ITIADMA74 7 37 8.05 FUNDS: C.l Grth 7.13 7.79 FRANKLIN Life Ins Com Fd 12 73 13.91 CUSTODIAN: 9 75 9 07 Fd Am Ind 12 31 13 43 Lmp CmSf Fd 5 39 5 861 Fnk Cm 7 20 7 89 Loomis Styles 8.1 J 819 Fdcv Commonwlth 4 19 4 77 One 1l40l4t8 Can Inf 41.23 40.23 Sd Gr Funds: Fnk ut 7 38 8 C9 Cap Dv 1.50 1.301 STEIN ROE PDS: 2 59 Cw Cap 11 02 12.04 2 84 Fnk In 15 57 13 57, Bal Mut 21.10 21 10 7 74 44 10 32 Manhtn Cwth In 10 4 tl H' Freedom 14.5314.35 9 44 cap Cw Inv 10.27 11 77 Fund Am lu 17 11 33 Mass Fd 11.99 2 99 14 73 4 73 Stock Cw Stk 10 60 11.58 Gen $c P '7 12 57 Mass Gr 12 23 13.17 Sup Inv 7.80 8 55 14 ?o 14.90 Mass Tr cmmenwlth IGbrGr 13.03 14 24 16 06 17.55 Sycocro Tri'St: CROUP SCC: Mates 157 157 TMR Ap 25 94 28 35 A8.B 70 1 84 Aerc-- p 9 .3 10 26 Mather 11.50 11.93 14.01 14 01 Tchers 1 90 2 06 C8.D Ccm St 14 66 16 03 Me Don 4 99 7 44 10 58 11 59 Technic 9 71 10 62 AVd Am 9.03 7.02 7.67 Techmv (Comp CO 9 75 10 66 Ful Ad 1.71 9 48 Cmp Bd 10 27 11.16 Grth Ind ??9 2? 96 Mdvs CP 16.72 II 27 Tech Fd 'Comp Fd 11 11 P 04 Gryphn 94 Mdys 19.16 22.89 25 02 Fd 14 48 15.83 Tmpitn 5 82 5 36 27 93 27 98 MORTON 9 43 9 21 iComstk Guard Tower Fd: 19 24 19,24 Ham Gr Concrd 10.05 10 98, Mrt Gr k9.40 10.43 12.45 13 44 Transnr 5.00 3 44 Mrt Inc 4.4 S.OtiTwnCG 5.41 5 91 Mrt Ins 8.29 9.08 'TwnC t 'MIF Fd 20.32 20.97 Unified 12 00 13 17 11.32 12.37 Mir G h 4 33 4 84 Unifnd S.57 8 05 United Fund. Muomhe Limited to Utah residents only! 7.87 140 Muomln 11.1512.12 ACCU Mut 13 00 14 W 21.23 21.73 snrt Incom This offering is issued pursuant to an 1.77 9.58 Mut Tr exemption 2.83 2.89 Sclan Ne Mut 11.4711.91 UnP Cn of registration by the Utah Securities Indications being Nil WS 1124 12 14 Value Lino PSs: Nat Ind 12.3912.39 Vo! Lno 9 08 9 43 Commission. (61-11Token on Proposed Net Ir.y 7.99 8 43 Val me 6 20 6 79 9 34 10 1 Nat Sac Ser: Val SmI Beian i 34 12.39 Vance I 65 9.45 5 83 4 37 Vndrbit Bond 9.65 10.55 Divid 5.58 6 10 4 93 5 39 Vangrd Pf S'k 7.72 144 Varied In $ 79 6 ??, 5 42 4 47 V.klno Gr 7.48 8 47 Incom Stock 9 30 10 38 Walls In 17.54 11.73 Grwth 4 94 10 42 Wsh Ml 14 44 14 02' Nat Wst 4.45 7.07 Well Fd 12 73 13 14 27 37 27.37 West Ind Neuwth 8 75 9 54 New Enq 10.74 11.41 Whlthl 14 84 14 04 New Her 2( 51 20 51 Wnd.or 20 74 22.44 New York (UPI) f NEW ISSUE APRIL 11, 1969 500,000 DIXIE MINERALS & WATER, INC. g Twin or full size Hollywood beds. Rad- ford obtained his B.S. degree in banking and finance from ; the University of Utah in 1963 and his masters degree in management in 1967. He is a i of the member Mountain States Chapter of Robert Mor- ns Associates and of the American Institute of Bank- Meple, Wilnvt or new merchandise carrying full guarantees and service Sundays 11:00 to 6:00 Saturdays 10:00 to 7:00 Weekdays 9:00 to 9:00 - both tides rail all drop. Teething chests around. Complete with 12 90 foam or spring-fille- d mattress. 16 Reg. 49.95 whil AQg present stock last headboard- s- , at least off Odd dinette chairs P QQ95 c. sets at Over 100 chain lamps least at.. Stauffer operates a plant at Garfield, Utah, which produces commercial fertilizer using Wyoming phosphate rock and sulfuric acid from Kennecott Copper Corps. Garfield Smelt-jer- . e The firm also owns a rock mine near Vernal. jUtah, but is not operating it at president. former loan officer for First Security Bank, Mr. Far East Agency Planned By IML there, same period last year. This includes dresser, mirror, chest, bed end frame. Many other trees, - ComNEW YORK (UPI) bustion Inc., Engineering, says a commercially mineable body of uranium ore has been found on the Ambrosia Lake tiact in northwest New' Mexico where the company is engaged in a joint Record He said this was 21 per cent higher than the earnings in the A Uranium Ore Found sale-agen- Bedroom Sets sets Q95 T sets from Premiere and many others. All prices F.G.B. Store KSHSESESESErasaSSESB 1 2pc. o Virtue-Chromecra- now iust499??, Couch only of oooooooooi c. FRANCISCO 'share. don't be late, or sorry. Just a few of the tremendous prices being offered during this sale. Over 300 living room sets to go on this sale. Choose fum one of the state's largest displays. All styles 90 all colors of these are custom built, so you may choose from over 500 colors and fabrics Prices starting on regional best salesman contest for Junior Achievement. He will represent the Mountain States at the national contest scheduled in St. Louis, of $130,660,000 in the i Over 150 Trello A Salt Lake youth, Prince, is the winner of the A. Wilde, Richard Wins Sales Contest IML Freight Ir.c. will establish a new sales facility in first sales Singapore, said C. E. St. Joor, re-- I of were this year quarter vice president ported at the Stauffer Chemical of marketing Co. annual meeting heie. and traffic. Mr. St. Jeor, Roger W. Gunder, company who will leave president, told shareholders that shortly for the net earnings also were at a new Far East to t .high of $8,967,000, or 99 cents a set up a SAN or Move it to our Yes, we must sell $265,000.00 in merchandise at our present location new store being built at 3360 So. Redwood Road. Our new building will be completed approximately 30 days ahead of schedule, due to the good weather we have had the past several weeks. Therefore; it's either sell it or move it . . . and we don't want to move it You will be able to purchase household furniture . . . So, while present stock lasts TV for prices you never creamed possible etc., Carpeting Appliances Hurry, Amana Sale Stauffer - The appointment of Edward Radford, 3376 Avondale Dr., as assistant vice president of American National Bank was announced today by E. d markets. President N. Eldon Tanner of the First Presidency, Church of Jesus Christ of Latter-daSaints, was guest speaker at the meeting. He urged the dairymen to maintain the fundamental principles of liberty ana a Chri,-tiaway of life. Bank Namss Officer M.D. Bot thick has been vice administrative named president and a director of Walker Bans & Trust Co., said A. B. Kesler Jr., chairman and president. Borthick's promotion to the position was announced following a board of directors meeting. The executive was formerly vice president in general operations. He will now work directly under Kesler in supervising the banks operations. Borthick is a native of Oregon and a graduate of the of Oregon who University began his banking caieei 22 years ago as a summer fill-iat the First National of Oregon. He later moved on to the First National Bank of Nevad-- a and transfered to Salt Lake Citys Walker Bank in 196'. Price 5C per share Copies of Prospectus moy Le obtained by colling or writing to the undersigned. 530 East 5th South Suita 103 Salt Laka City, Utah & Wld 14.72 14 09 Wlnfld n.1 7 49 88 3 7 50 9 II 4.23 Business n Idaho alis?T 1 or pleasure) Flights leave Salt Lake at CALL OR WRITE Dixie Minerals New 14 4118.15 Wiscon Newton Nea.l IT 17.19 17 19 Worth Octan 4.21 10.07 ?3Qam daily Water, Inc. Phono 363.3703 a AIR UTAH lantwvilion (c4:. . jt |