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Show CORNER ON COMMERCE Fall Harvest Forecast Utah Banker Ends Career Optimistic - NEW YORK (UPI) What this country needs is a three-da- y work week. At least that is the opinion of Dr. Millard C. Faught, a old business consultant and author, who sees the three-dawork week as a method to expand leisure, reduce unemployment and urban congestion. y Superior Insurance Protection . . . at Lowest Costs Faught, of New Canaan, Conn., and Houston, Tex., his calls concept He proposes that employes from executives on down work three consecutive 10 hour days and have four time-wealt- h. days off. Industry, meantime, would go on a six day, 60 hour week. In an article by Paul Fields in the September issue of Business Management, Faught maintains the workleisure time is ers a myth, a mirage because it comes to the worker fragmented." But under Faught's concept the worker could live in the country, as far as 300 miles from his job, and commute into the city only once a week. During the three days and two nights he spends in the city he and four friends could rent an apartment along .vith four other men who work the other three days in the v eek. Split eight ways, the rent would be nominal. When his work week is over the worker has four days and five nights at home with his family. Faught says the 50 per cent increase in productive tim o from the the 60- - hour week would enable industry to absorb the cost of. two work forces. Moreover, industry could make much more efficient use of expensive, complex machinery, he says. 40-t- l For five days a week he spends most of his time battling congested traffic to ge to and from his job. For most of us, in fact, the work day is a COMPANY NSURANCE 845 E. So. Temple Ph. 1 mighty long one. gg Monday, September 22, 1969 Bennett Foresees Fewer Credit Cards Good harvest of late season fruit and potatoes in Utah but reduced production in turkeys were forecast this week by the Utah Crop and Livestock Reporting Service. A 22 SAN FRANCISCO (UPI) -Only a few of the scores of credit cards now in circulation will manage to survive in years to come, Sen. Wallace F. Bennett, predicted today. In a speech parepared for the 47th annual convention of the National Association of Inc., Bennett took a look at trends he foresees for the banking industry. He is a member of the Senate Finance Commit Bank-Wome- tee. Most credit cards will disappear, with only a few surviving he predicted. There will be fewer banks in the future, but they will be large and have more branches, he said. He predicted that lending institutions will have a greater overlapping over services and there will be a gradual elimination of differences between institutions, with all enjoying the same privileges. ice in banking. R u 1 o n F. to W. Grant Lee, agricultural statistician in charge. 1963, He served on the executive committee of the National State Banking Supervisors and on committees that developed the first uniform procedures for bank ex--" animations. Security Bank, ending nearly 50 years of serv- apples is predicted. This is 25 per cent above 1968's production and is the states highest since cial Security Bank as cashier. mercial crop of million-poun- d 1945, when he joined Commer- A former state banking commissioner has retired as senior vice president of Com- according Starley, Og- banking reer ca- He has been president of the National Association of Supervisors of State Banks; is a den, began his The peach crop estimate is down six per cent from last years harvest but is second highest since 1959. Pears also were down six per cent from last year, but the 5.900 tons forecast is well above the average of recent years," Lee reported. at Delta the State Bank in trustee and treasurer 1S22. In 1931, he joined the staff of the Utah Banking Department. Four years later, he was appointed state bank commissioner by Gov. Henry H. Blood. He continued in this position until A 36 per cent increase over last year in potato production is predicted by the reporting service. The total harvest this year is expected to reach h u n d r e dweight, 1,463,000 equaled o only once before in of the Central Weber Sewer Improvement District, a member of the Weber Club, Kiwan-i- s Club, Sons of Utah Pioneers, Greater Ogden Chamber of Commerce, Ogden Golf and Country Club and has been president of the Utah Mortgage Bankers Association. KID Reorganizes A reorganization of KID Broadcasting Corp. in Idaho Falls has left it with a new chairman of the board and presi- dent. Cecil Hart was named chairman of the board, with D. B. Groberg as vice chairman of the board of directors. J. Allen Jersen was named president of KID at the same meeting. Other officers are LaVere W. Ricks of Rexburg, senior vice president; Loren L. Ward, administrative vice' president and secretary. The changes were made after Arthur W. Guiwieder, 82, who hi 1 been president for 19 years, resigned. Schwieder was tletced director emeritus and also appointed honorary 1967. The turkey crop, third smallest since 1960, shows a two per cent drop from the 3.2 million birds raised in 1968. A Record In Sales chairman. American Western Life Insurance Co. has concluded its most successful month in its history, said Lynn C. Broad-ben- t, president. The company Engineer Retained Boris in new annualized premium. AMC Workers Ready To Strike -AMILWAUKEE (AP) merican Motors Corp. workers authorized their United Auto Workers negotiators Sunday to call a strike if necessary to support demands that AMC bring contracts up to par with those signed by Chrysler, Ford and General Motors. has been retained by Devenco-Uta- h Inc. as consultant engineer. Ashurkoffs professional career spans 40 years in the wrote insur- ance in excess of $10.7 million during August, generating more than $300,000 in new premiums for the month. Broadbent said this premium income represented two new records, breaking the one set earlier this year when the company became the first Utah firm to exceed $100,000 Ashurkoff mining field, following his beginning as a draftsman at the Mexican Ligm and Power Co- Goodyear Names Manager - R. E. Warburton has been named manager of The Goodyear Tire & Rubber Co. Salt Lake City district, according to Raymond L. Grimm, Western Region manager. C. succeeds Warburton Dean Sharp, who was transferred to Detroit, Michigan as district manager. Joining Goodvear in 1970 at 1966 as a store manager trainee, Warburton subsequently was promoted to assistant district in Los manager-Retai- l Angeles. In 1968, he was transferred to San Francisco as assistant district manager-wholesalthe position he held prior to assuming his new. ' duties in Salt Lake City. e, Drilling Manager Boyles Ferris E. Sainsbury of Lima, Peru, has been appointed general manager of the worldwide drilling division of Boyles Bros. Drilling Co., said Ira K. Hearn, president of the Salt Lake City based firm. See your next car the i He became associated with U.S. Smelting and Refining Co. 30 years ago, serving in Salt Lake City at one time as. chief mechanical engineer of western operations. He presently lives in Salt Lake City. - all-ne- w CHRYSLER FREED'S tomorrow the 23rd Mr. Sainsbury formerly waS president of Boyles Bros. Diamantina with headquarters in Lima, after previously having been manager of Boyles Bros. South American opera tions. He started his career in 1939 in the Arthur Concentrator of he Utah Copper Division of Kennecott Copper Corporation. In 1946, after serving two years in the U.S. Navy, he became affiliated with diamond drilling activities of the U.S. Bureau of Reclamation. In 1951, he joined Boyles Bros, and advanced through the positions of drill foreman and field superintendent to become manager of the compa- nys eastern division With headquarters in St, Louis, Mo., before becoming manager of the South American activities in Santiago, Chile. ? . ; Alitalia Cuts . Rome-N.- Y Air Fare Alitalia AirROME (AP) lines has announced that it plans to reduce its minimum round-tricoach fare between s New York and Rome from $409 to $299, disregarding an e agreeinternational " ment. airline, The said the new fare, the lowest ever, will go into effect Nov. 1 if it is approved by the Ministry of Transport. Approval is regarded as virtually automatic. Some people want to take away your trading stamps in the guise of lower food prices. Dont be misled. p air-far- d Consider a U.S. Department of Labor report. After studying the effects trading stamps might have on the Consumer Price Index over a period, concluded that any effect was so slight that it did not merit inclusion in the Indexs consideration. 15-ye- ar In a completely separate study, the U.S. Department of Agriculture concluded that stamp savers actually enjoy CASH SAVINGS in terms of the gift merchandise received. A food store can give you both: Lowest competitive prices PLUS Gold Strike Stamps. Hundreds of stores are doing it every day well-manag- ed throughout the state. Shouldnt you have something to show for your purchases? For your loyalty? You do have, when you patronize Gold Strike merchants. U.S. .approval AFTEttN9 one-four- By 5:30 Each Afternoon You Should Receive Your DESERET NEWS If you were fl! PLEASE CALL CIRCULATION 524-284- DEPT. 0 AS SOON AS POSSIBLE Division .iPriceandlndextf amber Research, "U.S.Bureauof Labor Statistics, , Marketing Research Division No. 295, "TRADING U.S.DartmtoAp-icvltureReport STASaSdIP. IMPACT ON will not be necessary because Italy and the United States currently have no air traffic treaty, spokesmen said. The new rate is about lower than the minimum fare set by the International Air Transport Association in its agreement on air fares over the North Atlantic. This will insure ' prompt deliv ery of your Afternoon paper Alitalia its coupled announcement with a denunciation of the agreement, saying the association has been adjusting fares continthus causing great uously, confusion, especially for the . general public. Alitalia said its decision brings a revolution in airline fares in the North Atlantic sector. An airline spokesman said the Rome-NeYork route has bee , attracting steadily increasing numbers of passengers in the past few years. He added he expected the new rtae to attract many tourists during the winter season: |