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Show CORNER ON COMMERCE Gkmts locking Homs? Bmdhsftry WAL Turn Down Bid By JOHN CUNN1FF t AP Business analyst - In one NEW YORK (AP) corner is General Motors, the world's largest industrial cor-- l ' poration, weighing in with assets of $14 billion, income of $1.7 billion in 1968, and a staff of 757,000 workers. ; ! ; 1 In the other is U.S. Steel, .ranked 10th among U.S. cor-- ; porations, with assets of $6.4 billion, income of J254 million inst year, and 200,000. Popularly ; vjmpm-sw- 'Ai.',' nt. X' $, ' & (Jp y '' .' J A ' fry 10B ' ' y Tuesday, a challenge has been hurled and a defiant response delivered. On July 30, U.S. Steel s jto WA V Steel, it is twice the sine of its rival, Bethlehem Steel. Rarely have two corporate 'behemoths engaged in a show- down over the price one the other. Perhaps charges ' they wont lock horns, but the gestures have bean menacing; nearest . ; Mabs 3l. A appliance manufacturers. The increases averaged 4.8 per cent, but covered 40 per cent of all steel prod- Your Dollars . . . Go Farther Monday, Aug. 11th Soo Our New Location 3711 So. State Drive the new VW Today Pli. 486? 2111 INTtittMUHTAIH C?V W announced plans to change its name to Mountain Bell for brevity and gradually phase n out the trucks and By DON C. WOODWARD ($25,000 to $50,000 Caliber) Deseret News Business Editor DOES THIS INTEREST YOU? current money Todays are extremely deep problems rooted and cant be eliminat- feH. branch peretlenc in all principal tree to cover v oral counties, metropolitan ereei nr states. No experience Is necessary te own md egerett this business. We assist yea all the wny in tralnlnf nn4 letting vp eer program. We are ia a billion dollar Industry which caatiuues te grow aach year. Yea da nat have hip overhead, employees ar aperotinp casts This is a hiphly dipniiied prestipe business that Is aeeded. Yaa have on initial laves tment only (a round price occardiap ft area) and no further monies or purchases ore repaired by the cempeny. No travel, lights, Saturdays, Sundays ar holidays art required, yet ytvr services and Incoma pa an 14 hoars a day. Tea aura exceptionally hiph Income weekly, monthly and quarterly with unlimited potential for Western Bancorporation said Monday. Dr. Theodore A. Andersen said that, based on purely economic factors, todays prime rate probably should be closer to 9 or 9.5 per cent than its present 8,5 per cent which is still the highest level DO YOU QUALIFY? v tl ever. wont a $25, S00 to ISO, MO a year catcher min. men. wont on ethical and responsible business-mindewant a men that cao mako a decision within short time after the facts hove been and credentials checked. aur ore presented We wont a personal interview only and your attorney or accountant is welcome, Wf want a min that wonts to build his awn business and futara with as You set--, the banks have almost no money to lend, Dr. Andersen said at a luncheon For personal interview call DANIEL ARREOLA 9 a.m. the economist ed overnight, We We jp We $5. The company TELEPHONE (801) 487-780- 1 7 p.m. ANSWERING Don't buy any unit until yaa flrut try it aat. Our naif eerrle tba utranfait anraataa af any. fRII tryoauH mat tamaU. Yaa, we hava ramata antti. ASSOCIATED ELECTRONIC ENGS. World Malar Motel MINIMUM $1 0,000 INVESTMENT REQUIRED "(Our corporation is bonded for $5.000,000 and registered with i most reporting agencies. olive-gree- the old seal. Eric C. Aaberg, vice president and general manager, wage of a line mechanic from trucks Familiar will gradually be replaced by ones; white on top on the bottom, and gray-greeolive-gree- n 1M4i.3rdSe.3fS-373- Salt l.k.Citr, Utah M1U Just Recently diately, and to end sponsored by Walker Bank & Trust Co., which is 87.5 per cent owned by "Western ,S9S . money supply are working. The government has prevented the money supply from growing, he added, but the private sector has managed to find ways to neutralize it. For example, he explained, although total bank deposits are now $450 billion and havent been growing, the deposits are being turned over in the banks more often. He cited figures showing that since February of 1968, deposYork banks its in have increased in turnover from 36 times to 39 times a Dr. Theodore Andersen . . . bank economist : an increase of 9 per cent which actually amounts to an increase in the money supply. year New boosted banks York have their turnover rate EARNINGS TO PER YEAR $50,000 for I Higher for AREA DISTRIBUTORSHIP " which IM lmS.it I. th. Hhulwily I MIT MW illioMiru hm hm mcaihl into. l,Kl.lty rut.. rant huiin.ti in intrtl W (It Mt la mr.lr ..Ilia, fraachiiw hat art linctr.ly mhla, finaacially rHppRiikl individuals with jeed muneganiMt capability te rupresant us es individual franchise or aren distributer throughput the U.S. art America's fastest grewinf chain and offer unlimited lifetime W e plu tel gains income, end reyelties. II VMM f uparl.m. ain4 lhrgk lic.niiiit .1 SM Ir. Bcklm 1. II it.t.1 will T km M rctt.ar.iit ar Iramhit. Mptriaaca. Wa at. .il. yw t imc.ii thvh V tar tk.re.fk trelaiaf f.r yaa aal yaar aiaaaim lay.hr caatlaaaa. t.ll.w-a- . fall-- a no. W. are Intarestal t. iatarvlaariai ONLY ialivllaal. ar lavattar rea.i yaiiatiiiiy ktyk-a- it caa ktr.lt a i-Mi af 1H,IM CASH, fnnfiitf aya iatayrity, ait .relit, tirrltaiy. If yaa cana.t matt tkn. raaliflc.tlam yltau la aat -yaar tima ar aare. lit Writ, tot The mechanics seek a per cent wage and fringe If I were running a manufacturing company and had to go after money at 10 per cent. Id figure that half of it would be deductible from income taxes, which makes it really about five per cent, he said. The cost of machinery, land and labor will probably go up so five per cent in a year why wait? Earlier the bank officials said many of the banks in the Twelve per cent of Salt Lake businesses will need to increase their staffs during the third quarter of 1969 according to an independent employment survey conducted by Manpower, Inc., international temporary help organization. Irving O. Brunstad, manag INCLUDE YOUR. Western mostly feeders; slaughter steers and ers: individual high good and low choice lb steers another standard and good 9Xd Individlb Holstelns ual good lb heifers 23.7426.50; slauqhter cows: utility and commercial canner and cutter other slaughter classes: utility and com mercial bulls good and choice ; vealers and slaughter calves lb calves feeder steers: choice choice good calves lb good standard and good lb Holsteins feeder heifers choice lb calves calves good choice lb standard and goed feedgood choice pair 235.00. ing calves One policy covers so much. Ask Ted Whitney about low cost Homeowner's Insurance. - NORTH SALT LAKE, Monday auction: Producers Livestock Market - hogs salable 110; market steady .25 higher; U.S. 0 lb 0 and 2 lb 26.00; sows 25.0025.25; cattle salable 572 head; cows uneven in jrnrng; stronger in afternoon and end?d up steady 220 Kearns Building Ph. SAVE $ $ $ DIRECT CONTEMPORARY DESK laminated top ged Assorted colors Aluminum legs Modesty panel O Full suspensign file drawer Self-e- Last week 6,500 nonslrikirg employes were laid off and Western announced it had canceled an $85 million order for seven Boeing jets due to lack of adequate financing. No additional joint meetings are scheduled. Mediators said they would confer separately with both sides. er of the Salt Lake Manpower. office, 370 South 7th East, said that 88 per cent of Salt Lake business leaders polled said they expect no change in their needs employment during July, August and September while none expected a de- - duPont & of-- Fed cattle: Choice fed steers absent) fed Hoi good to Jew choice stein steers 5 Feeder cattle: choice lb feeder good steers feeder choice 255360 lb steer calves lb heifers 27.5030.25; odd head of average good feeder heifers steers 4 lb of, Raf. ttoie rciiiteiit top RHRRBdfj le drowr lock tires, 4 Call Classified Ads t. MODULAR DESK Mor, heat, stairs (PICTURED Daily 8 a.m. to 5 p.m. Saturday 8 a.m. to 1 p.m. Sunday 9 a.m. to 12 noon eze-ey- e power resistant top Fully suspended file drawer Modern outside chrome legs above rare just a few ex Samples of the upright piano. Phon r.t.iv.d te th. lir.t day. Mri. J.C.T. item. good XUUJUUL 0 (all. and said 27.00. Assorted colors OPEN MONDAY A HUOAT TfU land utttl chain, filti in aiS iis, ryetption taating, 'shown or cosh )ond carry. Dali. 7 try and terms also ovaltoble. 6 guards, air conditioning, door locks, tilt and telescoping steering wheel, electronic eye, undercoating, Vinyl top, Twai-ligSentinal. ht Homg C3-- and Offica Furnitur and SON SO. STATE 9 f MA , 6,662 for The Finest Selection of Other Models Come and See CARLES0N CADILLAC 355-533- 6 AUNTY OF fUtf PARKING SOUTH OF STORE 1070 South Main LETS sin uffin glass, seat, door lok vthousonds of bar Lgains in stock; iwood desks wood ASY llablrt, pricat 1 No lb boars Cattle 1,500. Calves none. Trading on slaughter steers slow; about steady; hellers and cows active; steady to strong; small supply bulls steady; Icod prime 1,286 lb slaughter steers 33.50; few loads 5 lb 32.50! high choice and prime choice mixed good lb good and lew choice standard and low good three loads high choice and prime slaughter heifers 94fri,000 lb 31.00; mixed good 0 choice lb and cholct utility ano commercial cows tew high dress., canner and cutter Ing utility bulls utility and commercial r BRAND NEW y'ju need cmistancu in preparing your ad, in at 143 So. Main or coil the Classified Advertising Department of this newspaper, Your Direct line To RESULTS. HOURS: lb lb 1969 CADILLAC DeVille Sedan lil. Mdtrn evhtde drjp condition lb No No No Fully If soctont, Livestock:... Hogs 2,000. Barrows and gilts steady to 25 higher; fairly active; 2 sorted No lb weights ever 250 lb scarce; few lots No 4 lb 25.00: sows 25 to 50 higher; active; No M 2 v ,;v 521-444- 4 fk : ' Holstein CHICAGO . nJ; lambs Sheep 200. Spring slaughter steady; package cholct end prime spring slaughter iambs 98 lb 30.00; Part deck choice 90 lb. carrying a buck end 29.00; shipment choice 126 lb carrying tome Polyglass white sidewall SALE Co. The discussion will be divid-- , ed into three Thursday night meetings to be held Aug. 7, x , 14, and 21 at the duPont fices, 115 So. Main Street. buck. 8 ' , ' crease. STEEL DESK WITH LOCK krom ' Insurance Agents Meet 0 Plastic JW -- Bancorporation, which has assets of more than $1 billion, have had to ration their loans. If the loans are An estimated 300 member The golden anniversary to help increase productivity, of Insurance Independent wives and employees agents, But if said Madden. fine, Agents will be celebrated this from Utah will throughout acfor they are speculation or Wednesday through Saturday conven50th the annual attend quisitions, then its difficult. at the Cest Bon Hotel in Park ' tion ceremonies. A. B. Kesler Jr., president City, and chairman of the board of Walkers, said he wanted to. make it clear that the bank Livestock would take care of the little 4 guy. OGDEN C.tlle and with last week; bulls steady; Stocker1 We have money to lend for calves salable 505, including 50 calves; and feeder cattle .50 higher; ted cattle slaughter steers mostly 50 lower on small steady to strong. automobiles, personal loans, test; slaughter heifers scarce;1o slaughter Cow: canner and cutter cows .,r. cows 50 lower; bulls weak commercial and small businessmen or for our feeder cattlelower; utility about steady; recasts in later price on high yielding elude 250 slaughter remainder commercial cattle, Walker Bainkard, he said. bulls , cows; slaughter heif- Hogle Investment Company -- OFFICI FURNITURE Mutual funds, a method of investing that has grown in popularity in recent years, will be explained at three Investment Informals to be hosted by the Francis I. . HONE NUMBER at a Fair Price The strike forced Western to cancel 5ts flight operations in 15 states, Canada and Mcx-- f ico with revenue losses at $800,000 a day. Investment Seminars Planned DIIECTOI, Whale of a Warehouse SALE FOX it boost, additional medical care and authority to decide which jobs and bases will be under union jurisdiction. Employment Expectations Dtyt. A, MM Balw.rtk, Arlinftat, T.mi 7M10, (1)7) MM21) 'Quality This Classified Ad Got Results! (Most of them do) 43 ben-ef- Rising losses from operation of the controversial California Zephyr were blamed for a decline in net earnings for the Western Pacific Railroad. A first half loss of $1,600,000 on the Zephyr, inflationary wage increases, and storm damage lorced a decline in revenue from $2,777,600 to $632,000. nil MARKETING AlEASE Just Say "Charge It, u that's all! r W.P. Earnings Drop from 129 times to 145 times or nearly every two days. They have done this by more efficient use of computers, by working all night to process checks and by even watching the number of hours that funds are left in the banks. One of the problems is busconviction that inessmens inflation will continue and their reluctance to lose - a share of the market by cutting back on expenditures for new plants. Oar 35 three-yea- ' tract, David D. Lewis. Provo, has been named superintendent of the nitrogen plant at U.S. Steel's Geneva Works by H. W. Edwards, of the coke and division superintendent chemicals division. Lewis is a graduate of Brigham Young University and began work at Geneva in 1956. In 1960 he became a management trainee and held various foreman positions. In 1966 he was promoted to general foreman of ammonia synthesis, a position he held at the time of his present appointment. with reflective blue and yellow competition stripes separating the two body colors. The bell seal, a trademark of the Bell System since its inception in 1860, will become bolder and the words Bell System will be removed. ? INDIVIDUAL OPERATION 521-35- the by n ' Andersen Dr. was in Salt Lake City along vice with Morley Madden, president of the bank holding company, to participate in ceremonies opening Walkers new, $200,000 Industrial Office at 250 W. 21st South today. Dr. Andersen said he could see no indication that the governments efforts to slow down inflation by limiting the this old sewing machine was offered for sale in the Classified Ads. Today two families are happy . . . one with the sewing machine . . . the Why don't you check around? You might find a valuable article that you're not using and get CASH for it. It may a power mower like this, or any one of hundreds of other articles. of imme-- $3 80 U.S. Steel Promotes Lewis two-ton- e ment capabilities. Purpose of the new design program is to Make us look like the advanced communications organization we are, We think Aaberg explained. our newly designed appearance will provide a crisp, contemporary look which better today opera- tion. wide Bell Telephone System and its research and develop- non-Ne- other with CASH reflects our modern said the company is changing its name to provide easier identification with the nation- Money: No Simple Solution MIcMfeii te We ere new llcemiH exclusive s If youre a traditionalist-youd better enjoy Mountain States Telephone Co.s olive green trucks, traditional bell seal and even its name while Westerns offer would have boosted the current hourly OCALCU ere one ef the lerf eit cerperetfene of thi kind in the U.S.A. We ore Retienel cerperetlen new eperetlnf fren Celifer-nift New York, from ' , AuiHomrto W xv New Name Has Ring To It In all likelihood an increase of that size would force a point of lowering sales. spokesmen for comment. About 2,000 mechanics, Teamsters Union members, walked off their jobs last inTuesday after rejecting creases in wage and fringe benefits retroactive to November. "Mountain Bell," and the phone company's truck shows the change. It's now you can. WE NEED A MAN 2 M e c h a nics weren't available ucts. price increase of several dollars in auto prices. Combined with other increased costs, this could raise prices to the $4.20 to $4.60 effective two-ho- expected YVa Mov ' Airline and federal spokesmen said the rejection came bargaining after a session supervised by Charles Dulen of the National Mediation Board. O August 5, 1969 including j. contract proposals to binding federal arbitration. submit ' price move had been for some time, for the steel industry had made clear it could not absorb a 6, per cent rise in labor costs on announced price increases on Aug. 1. In fact, profits of the a wide range of steel products, big steelmakers already have including $S a ton on hot been off badly recently. rolled sheets and $8 a ton It was both the size and on cold rolled sheets, both of the increase that timing widely used in automotive seemed to disturb GM and manufacture. j some other big steel users, ot called Big a staff VOLKSWAGEN "t - O ' 2033 So. Main Vff ; ? LOS. ANGELES , (A) Western Airlines said Monday its striking mechanics have to turned down a proposal YN I, , itt ' . - i ' w 4.. ' if,, j |