| OCR Text |
Show rr IJPiL - Snow 'Sled7 ' nt &&' 'fy Demands ' Kem-mere- ppsoiet News Business Editor Utah Power & Light Co. today it will have a nvv )iouer geneia'ing plant in ver'. ne or under loiistriiuiion iv although a plant Mte has not vet been seleded. at the annual shai eholdei s' Hireling ,it the Tenaie Balliooni, F Allan lluntei, piesident, s.ud the new geneiating plant would tir a mat fired unit Immune i oal is si, due in price in the Intel mountain Aiea. .H(1 197-1- , I Ilf(Kl ITL eailiei aniiounced live-vea- M a 8123 this vr.ir million, construe r progiani. The piogiam , n envi- cause to" pi h he of Oil oal i comparatively aV ailulde." HRS! LITE l( VN( K Hunter, who took office at tlic first of the year, made hir fimt appeal aiirc befote who had turned out some tiUO slicing at the annual meeting and luncheon which lot low ed. s HunVr said company S80 million the jwssed maik lor the fast tune, an c lease of ,7 2 p(r cent. F, linings wete $2.56 per share, shire-holdcT- s, "We have every leason to believe tint they have a keen teve-iiue- interest 3 to coni).ii,U $2.43 grow tli, he said. Hunter also cited new industrial developments which will have a great impact on the avas economy, including two dollar projects at Groat Salt Lake. 1967. in Revenues for the fust four months of this year aie up 5.7 r cent, and rat mugs ter share are up 14 cents over multi-millio- 1968. It DO YOU KNOW? b bit iitot wNUmtnt cost could tolt out ol pour cstol An itola conearvotion plon ten http pay fhs costs Phone or visit MEL RIDGES, C.L.U. ciftur 16 COf true tor youortd your rjny pr 4th Floor 405 South Main r o loll rtf til TAX 11 RIOM.S He noted, howe"er. that the increase in earnings was due paitly to a change in for income tax which just about offset the in per cent fedeial income tax sure hat ge. the surcharge, Regarding lie said if it is reduced to 5 cent, as President Nixon lias requested, then I P&L's earnings will be impioved even moie tins year. depie-ciatio- 1rW A -- n in our areas n Construction Drop March construction con-tiac- in Utah were 17 per cent less than a year ago and total first cpiarter 1909 were down 14 per cent from 1908 con-fiac- This repoit lias been released by George A. Christie, of F. W. chief economist Dodge Division, McGraw-Hil- l Systems Co. bail Wahlberg executive of Pole i is vice piesident a Texdivision of Industries, tual, sid the industty sold 3(0 0(4) units last year and would sell moie than .700,000 tins year. Soon it would he hitting 1 million a year, lie added Wdhlbeig said Polans, the country's largest marufactui-e- i and second biggest in the industry, h; d sales of $1.7 million alone last year Citing a strong c on elation between boat owners and snowmobile owners, he said, As long as they have the money and the time, the market will be strong. The average owner had an income of 810,000 to $12,000 last year and was from 25 to 40 years old, lie said. Wahlberg said the industry was now wo; king liaid on standard safety leatures and on lioiic control, which he said was a hindrance to even further sales gains. He was in Salt Lake City to confer with Aarco Industiies, the firm's Mountain Wet rep- resentatives BEST BUY OF THE YEAR UTAH TECHNICAL COLLEGE AT SALT LAKE PROJECT HOUSE 3 1 bedrooms baths 1,266 squaro foot in all CORNER ON COMMERCE t '' Award K 6C , A(y Monday, 19, May 1969 Chri-teme- is not just banksaid George S. Errles, piPsident of Fust Security Coip. as he accepted the "Salesman of the Yeai award today. Redes v. as feted during a joint meeting of the S des and Maiketing Executives Acsoci-aiioof Utah and the S.dt Lake Area Chamber of Commerce. The first banker to teceive the award, Eccles said that when he began his banking career in the 1920's it would have been an unlikely pi edition that anyone 'ngaged in hanking would ever tie lecog-iiiefor his sales abil.y. e "The fact that in 19i.) a banker can receive v today. The aw aid was given to F. t, L. Chi Mensem a soecial ceremony this afternoon at thp White Hou-- e ir. Washington, D C The award is given to coni- - z 328-572- Hi NT BY HOUR - DAY - WEEK Per month 9 - MONTH LAURY MILLER PONTIAC J. DOUGLAS CHRISTIANSEN 3S3S South Stoto PURCHASING AGENT Phone Open Evenings 266-883- i inn . iitu Sidney H. Friedland has been named sales manager o' ICX tiuckhnea following tecent app.oval horn the Inteis'ate Commerce Commission for tlieii purchase of the Aii'otia-Utah Express. IS;., Ftiedland lias been associated with the trucking industry in Salt lake City since 19.70. He was with the Aiizona-Utacompany ?s stiles representative for all government and national accounts at the time of the acquisih ' $ 1 tion. V, He is a member of the National Defense Transport Association in Salt Lake City and of the Ogden and Salt Lake City Transportation Clubs. d i. Mr. Friedlund h,v-t.m- Penney Promotes Utahn a tribute to boli our piofessions," he said. is Fui mer It was through an organized George effort spearheaded by Eccles that the First Security banking organization sui passed total resources of 81 . tiled billnm. . to S. Eccles top salesman lie a "salo-m- a - WASHINGTON lace F. Bennett, Eugene McCarthy, Sen. George Sen. Wal- Sen. ; McGovern, and Sen. Peter agreed 3 Dominick, H on Utahn Attliur F Kavanagh has been named district manager for the J. C. Penney Co. in the nietrvipoli-ta- n areas of Pittsburgh, Pa.; l rf sound economic thought " Although lie iecog.nied die value ot sound, agg.evs.o s and innovative banking he said they wete not of to suffieiant themselves Youngstown. Buffalo-Rocheste- First Senility's explai grow th to more than 81 billion in assets. "There had to be added an effort to sell First Security, market our fin all-o- nancial services and fo f'e up and give sales leadership to our people, he said. a legislative pioposal to Impose stiff new restiictions on the import of foreign nnnk pelts. Eight senators joined as cosponsors of the measuie. and urged early congressional hearings on the proposal. r. and Ohio, N.Y. He graduated ftom Judge Memorial High School, Salt Lake City, and the University of Utah. Kavanagh pieviously supervised stoies in Washing- ton, Oregon and Idaho. He and Mis. Kavanugh. the fointer Betty Bradley, will make their home in Upper St. Clair. Pa. Truckers Elect S.L. Man p:.u-tice- Solons Agree On Mink ONlY s Wa-hin- g- ti ICX Sales Manager n SOUTH STH EAST, Bide will be received until 9 30 A M May 28, 1969. A cashier's or certified check in the amount of 1 0 must be furnished as a depot-i- t with all bide Bid forint available Room 1 47 Stale Capitol, or call h;.'-lrg pre-ulen- ames that excel in promr.r mg exports ana is intended to tecogmz" them for their efforts m keeping tl c country 's trade balance m a favor-aid- e condition. fust leceived Christensen bncfmg 'tom Commetce Secretary M, urice Stans. Following the award ceremony, a reception was planned at tue JLytlower Hotel in 1 t'.'dn TOTAL ELECTRIC HOME See the house at 431 Prodd "Banking ing anymore, Diamond n ucts Co a Sait Laxe-bisemanufacturer of equipment for the mining and oil n dus-trwas awarded the Pi evident's 'E' Aw aid for expoit Banker Receives Salesman Award "It has become increasingly evident that there is leal value, useful in the bank ng Inkiness as well as in the general business world, in the concepts of salesmanship and sales techniques whicn Ihc selling piofession has used to propel our national economy to new heights and new records year after year, he said. Eccles said he nas always THE STATE OF UTAH INVITATION TO BID , , Firm Wins ,, Snowmobile manufacture rs aie iacirg to keep up with demand for their product, an liHlu-'r- v executive said todnv. Hunter sjirl hat when company officials met with key financial interests in the east to explain their needs, them was a "lmr-- t of applause when he mentioned that Utah's universities had not had t lots or oilier violent student actions, m-- sions a lug new genet .ding plant and Hunter earlier indi rated it would very likely be located in Utah. The company r abreast of nuclear technology," he said "However, nuclear plan's in our temtoiy are not yet competitive be- ' t n r, w & . Push Sales To finance its big coc'truc-tioprogram, UP&L will need to raise about $130 million from outside financing through the sale of bond'-- , common or pielerred stock Next year it plans to sell $27 million in bonds and $17 million in equity securities EXPLAIN NEEDS aiso plans to expand its Wye., plant. AM oi our construction plans and projections take into account the need to keep r, , ttH By DON WOODWARD , , vice president of the sales council of the Aniencan New Trucking Associations, Inc., is Fred S. Ball, Salt Lake City, assistant vice president, mar koting, IML Freight, Inc. He was elected at the organization's annual meeting at Scottsdale, Ariz. New Well Yields Oil A new oil well, Raven Ridge No. 2. has been completed by Growth Oil and Minerals, Inc . in Rio Blanco County, Colo., appioximately 2'v miles northwest of the closest ml in the Rangely production field. The well was drilled 4,783 feet, reaching into the Dakota formation. Oil flow lias not yet been gauged, the well being shut pending installation of additional equipment. Other mteiests in the well include King Resouices Co., Denver; Globe Minerals, Inc. and Neil P. Christenson. Unit To Install Officers Officers will be installed tonight by the rmvly organ- - ized Utah Chapter of the Society of Aerospace Materials and Process Engineers Dr. Eugene L. Talbot, perintendent of material sude- velopment in research and de-- I Pic. Hercules, velopment, Bacchus Woiks. will be the first chairman of the chapter. Congratulations Other officers are John Mathis, viee chairman, Tbiok-o- l: Capt. Travis. Thompson, secretary - treasurer, Hill Air Force Base; Fail L. Gray, senior director. Thiohol, and A. LoRov Jackman, junior director. Hercules. national Kushner. Mort president, will present the charter at the meeting to be held at the Ogden Defence Depot officers club. Tunneling To Start tunnel will be June 1. on Blaine County Idaho, property belonging to Silver Empire Mines, Salt Lake City. Cost of the woik will be A 2,500-fo- started approximately lr $160,000 L. Gordon to W'eggeland. president. It will be done by Earl Waite and Sons, Salmon, Idaho according for attaining 1968MEMBERSHIP What do yon mean the 3:10 left at 3:10? I always catch the 3:10 at 3:30 about FOWLER GAS v WATER HEATER Fully Automatic million dollar round table 4 Call II an inconvenience.; Cot mad because we left on time. Actually, you'll be triad when you gt't used to it. We know some of our customers have been comin.tr to the airport late. Knowinjr they wouldnt have to hurry to catch Air West. We're leally sorry we trained juu that wu . 7 0 (rn Hut thats not tl bcneduled time'). is any more. 1 lack in January, only 1 7 b percent of our llitrhis left on time. February that tijrure went up to 08. By March our record And in was S2 percent 86 to were we percent. April up (Tne industry defines as within 17 minuter of the on-tim- o. on-tim- e" TiRWESr -- time flights last month. Just about the bet-- t That's 1 1,700 e flights pL last month. Justaboutthc beA record in the airline industry. Weve done it with hard work. New computers to speed reservations. More planes in service. And ellicient personnel. Now that we're on time, wc hope youll be with us. tin-tim- lit meeting the requirements for 1969 qualifying and life membership in he Million Doliar Round Table, Reese K. Allen of Bountiful has again placed in force more than a million dollars of personal life insurance during 196. Thus, he has attained Ihc goals of this coveted organization, to excel in selling and to support the highest principles of his profession. The Million Dollar Round Table provides the best universal standard of outstanding in the life performance in.uranee world today. Mr. Allen is a member of the Salt lake City Life Underwriters Association, the Sigma Chi Alumni is a Director of the Association, and Oakridge Country Club and Gorgoza Pines Ranch, Inc. Reev Alien s significant achievement reflects the highest professional service rendered to his numerous clients throughout the Intermountain area. To Reese K. Allen, Volunteer extends Its best Wishes and congratulations. the indust n. Gal GLASS LINED Guaranteed For 5 Years. Thu means a lot with our great water pressure here. INSTALLATION BY LICENSED PLUMBER OPEN MON. THRU SAT. 8:30 A.M. 'Til 6 P.M. OPEN SUNDAY 9 A.M. 'Til 4 P.M. VOLUNTEER record SIZES v STATE Jmtem Klj&w LIFE 1 HOME OFFICE: CHATTANOOGA TENNESSEE LuMtest.il S' gw |
