OCR Text |
Show DESERET 6C ionics Mow American, Western To 'Wed? Bering nstant Loon NGELES (AP) -AAirlines and Western Airlines have held extensive merger talks, the Los Angeles Times reported todav LOS merican COLOR STEREO THEATRES and STEREO CONSOLES Asked to comment, an American spokesman would say only that everybody is discussing merger with every one else CHAIRSIDE BUY NOW STEREO FMAM A Western Radio-Phonograp- hs ESI Stereo Phonograph . . . project thrilling sound from all four sides of their cabinets. Beautifully finished all 'round, one can be placed separately as a lamp or end table near chairs or sofas. A. Contemporary model 405 B. Colonial fine furniture model 3401 C. Model 3402 in beautiful Medi- consoles Actually outperforms many higher-price- d on the market todayl With advanced circuitry, four high fidelity speakers, and 20 watts undistorted music power plus precision player that banishes discernible record and Diamond Stylus wear. Detachable legs make it ideally suited on tables, shelves, bookcases. In four authentic styles: Colonial model 3001 shown. Also available with Stereo FMAM Radio. terranean styling. STEREO CREDENZA STYLING - AEGEAN CLASSIC CREDENZA STYLING Model 3715 will complement or accent virtually any room ELEGANT decor! Advanced solid-stat- e sound system eliminates tubes and damaging heat. Has 30 watts undistorted music power. - Decora- tive model 371 8 on concealed swivel casters for easy moving has all Magnavox finest performance features you'd ' expect would cost much more. Consoles AUTO M ATI CALLY Space-Savin- g fi. SO $ ger, if approved by federal authorities, would create the nations second largest air- lino Their combined 1968 revenues were $1.2 billion, just under Uniteds $1.3 billion. Pan American totaled $1.04 billion. The stumbling block to a quick settlement is Las Vegas, Nev., multimillionaire Kirk Kerkorian, who acquired a 25 per cent interest in Western through a tender offer this summer, the Times said. HvoroFlmCorp IdealNatl IntermtnGas Maqnalnv 'MagnalnvATS Key Factor A key factor in our credit splurge is that we now have a money left record amount oi discretionary buying power over after paying for the necessities of life to spend as we wish for luxuries. This steep rise in spendrg power has intensified our desire to satisfy our aspirations rather than simply finance our needs, and this has led to unprecedented borrowing to achieve this at once. Another factor is the increased family financial security we are achieving through health insurance, social security, . unemployment compensation, retirement pensions, employe savings and stock plans, ownership of stocks and mutual and very importantly, the in- funds, life insurance, etc. come of the working wife. These economic cushions are helping to make obsolete th traditional goal of protection against a rainy day. They also have bolstered the typical familys t confidence in its ability to repay whatever amounts it needs It to borrow in order to buy whatever things or wants at the moment. non-thin- Regular Income A third subtle factor is the increased regularity of our incomes, which strengthens our capacity to take on responsibility for repaying installment debts. This development stems from the fact that our economy is now dominated by the and employment is much steadier in a service industries service oriented economy than In a predominantly industrial society. Other factors include the huge amounts of financial assets we as families have built up, primarily in our homes; the dramatic extension of credit from the sophisticated to the trend toward early unsophisticated borrower; the long-termarriage; and the youthful hunger to acquire, instantly, all the things that other families have. Basic Change Of course, behind all the factors is the basic change that prolonged prosperity has created in our attitudes toward being in debt and toward the appropriate things that may be bought on time. Todays Americans are far less interested than past generations in their legal total ownership of their toasters or automobiles or refrigerators. They are far more interested in Bid 10 50 92 00 a toasters toasting services, a cars transporting services, a . refrigerators cooling services. And this too is part of our economys shift away from things and toward In short, the mirror of our prosperity is the magnitude of i- L3 1816 SOUTH STATE 75 50 50 00 25 75 SALT LAKE STOCK EXCHANGE Mondays Quotations ' Sa'tlakeHdw Schott nd SentSec SHverKInpMnNev SuretyLlfe SowstRsrch Telemationlnc Trace TracyCMrsBk UtConcrereP.pt VHvNatlBk Vlstalntl WahrerBk&Tf 1200 1400 1300 500 '2 621 450 20 75 24 00 27 nn 55 00 21 75 5 50 600 24 75 2 on 59 00 Ton 28 00 14 25 Vt 00 13 75 28 on ZCMI 14 no 1900 1500 11 25 12 00 1900 Zionsl tNatt Barter Produce Market CHICAGO Product CJPI) Cheese 5 lb processed loef brick ChedMuenster dars Single daisies longhorns 57Vj-640 lb blocks Swiss (wheels) too few to report, blocks lb) grade A 66 70, grade B grade 62 C 66,j Wholesale prices as reported by the Chicago Mercantile Exchange 93 score 6834; 92 score Butter weax 68 a, 90 score 684 White large extras 44; Eg9s steady mediums 40', standards 42 checks 31 34. Potatoes Total shipments 277, arrivals 105, track 105 supplies light; demand good, market shgh'ly stronger. Track sales (100 lb US 1 A) Idaho russet bur bank 4 15, m rmesota. North Dakota round reds 3 DO, Wisconsin round reds 2 75 Arrivals Omons M 32, track supplies liberal; demand fait; me et slightly weaker. Idaho yellow Spanish Tra k sales targe 2 it ; Washington 2 50, Colorado 225. NOW REDUCED TO ONLY NORTH SALT LaKE Weekly report Producers Livestock for week ending Sept 26, 1969 Hogs Salable 122 head Market dosed 25 higher with US No 1 and No 195 to 240 pound barrows and gilts 25 25 to 25 50 Sows mostly 18 50 to 20 00 Sheep Steady with good to low choice lambs 26 75 to 27 25. Ranch slaughter feeder lambs 26 25 to 27 20 Cattle Salable 1675 head Cows were1 weak 50 to 75 lower with most lost on commercial and h 9h utility cows Bulls were uneven instance 25 to 50 lower Feeder cattle steady Steer and heifer calves strong to 50 cents higher Cows Canner and cutter cows 15 70 to 19 60 18 25 to Utility and commercial 22 00 cows 22 75 to 23 20 Standard Slaughter bulls 21 40 to 26 90 Fed cattle Choice f eg steers 27 00 to 27 75 Good to low chmca 25 30 to 26 60 Choice fed heifers S 70 to 26 10 Good to low choice fed heifers 23 60 to 25 75 Feeder cattle Choice 500 tr 675 pound feeder steers 29 35 to 32 00 lAixed good and choice 650 to 930 pounds 25 10 to 27 80 Mixed good and cho ce 650 to 830 pounds 25 10 to 27 80 Good 535 to 805 pounds 2400 to 2610 Hoi feeder steers 22 00 to 24 80 Chcice 245 to 315 pound steer calves 34 75 to 37 00 One lot of 85 head weigh ng 359 pounds 36 00 Good 290 to 375 pound steer calves 28 75 to 30 50 Mixed good and choice 500 to 630 pound feeder heifers 74 30 to 28 00 Good 535 to 560 pounds 23 10 to 24 90 Choice 250 to 335 pound heifer calves. 30 35 to 35 75 Young feeder cows 18 40 to 20 90 Aged feeder cows in canner flesh 14 00 to 16 60 nm s n nUn s I 5 LOW CALORIE LUNCHEON SPECIALSl CHOPPED SIRLOIN STEAK Cottage Cheese, Melba Toast, Beverage .... SIRLOIN STEAK Cottage Cheese, Melba LJ US 1 LJ U1LJ U LJ MAGNAVOX HOME ENTERTAINMENT CENTER Toast, Beverage .... $J79 CHICAGO (UPI) (USDA) Hogs 4, SCO Barrows and gilts steady iate Friday; moderately active, 0 No. lb 27 25, 45 head 1 3 27 50. No sorted lb 26 75, sows steady, fairly active, No 5 lb 24 00, No lb 23 4 50, No 400 500 lb 0 00, No lb 22 15, boars 20 1 00 Cfttle 7 500 Calves none Sa'ughter 1 75 W. $. TEMPLE, SALT LAKE CITY FRjfE PARKING IN TERRACE 3 steers and heifers active, steers fully 50 higher; heifers 25 to 50 higher, cows bulls steady, steady; fully prime 1 200-4.50 lb slaughter steers 31 SC 32 00, one load X3 lb X 25; mixed high choice and prime 1,150-- 400 0 30 50 31 50, lb choice lb 26 7 78 25 29 75 to 50 standard good w good 25 and 75, high cho ce and prime 900-- 050 lb slaughter he fers 78 25 28 50, part load 1,150 lb 28 75, 25 choice 800-- 1 000 lb 27 good 25 50 commercial end utility cows t9 canntr'00, and cutter 17 00, utillY end commercial bulls 25 50 Sheep 300 Wooled slaughter lambs Steady to 50 higher; ewes steady deck prime M? lb wooled slaughter lambs 29 0 choice and prime lb 28 50-mixed good and choice 00; 25 oo 27 oo, cull to good slaughter awes 5 00 7 00. Crescen, 2 200 000 Ti dfrn 1 50 at 24c Horn, 200 at 3 87Vc; 600 at 3 75 Kennebec, 200 at 4 50; 300 at 4 62ViCJ 800 at 4 75 SoStand, 300 at 9 25; Tintitld, 2 000 It tT x. 100 t 2.37V. Salt Lake Eggs Monday market unchanged prices fa retailers delive ed to stores in cartons, cases exchanged Grade AA extpa large grade AA laroe 47 50 grade AA medium Qrade AA small Prices to producers Grade AA large 9 Vj, grade AA medium grade AA small 12 15 Bank Gearings October 6, 1969 Sunday's Banking Debits Same Day Last Year $66 43 Metal Market NEW YORK (AP) Spot nonferroue metal price Monday Copper 52 52' cents pound, Connect! o Valiev, lead 151 cents a pound, New York, zinc 15 cents a round, East St Louis, tin $1 66 a pouno, New York; gold 41 20 per troy ounce, New York; silver $1 875 per tmv ounce. New York, $4850$ quicksilver nominal per flask. New York. Produce Urges Appointees - WASHINGTON Appointment of four members of the Consummer Finance Commission was urged here today by' Sen. Frank E. Moss, The commission was set up in the act, hut three public members and a chairman have yet to b4 named. g , Xa. at Croff, 500 at 31c, 1,000 at 30c GoodellMono, 1,000 at 21c; 3 500 at 23c; k wih 23 50 TEMPLE SQUARE COFFEE SHOP Comet, 2 000 at 41c of 23 ,f Inc) Resrchlnd RobmMnd RoyalExecInnsAmer styling. nn -i ioi clcUUn i J I ft 25 20 50 3 25 19 50 38 50 19 00 43 25 15 75 11 75 NAmerRe NWNatGas Model 6978 with two speakers for greater program realism, and all features above, is also available in beautiful Mediterranean, Danish Modern or Early American I absorbing paradox Indeed. (Copyright 1969, Field Enterprises, Chllnc PROVINCIAL Hlll Ol III MWM 87' Its an NattwstmUfe FRENCH discernible record and Diamond Stylus wear. Your sj? ESA records can lost a lifetime! Contemporoy model 7600. Today's biggest 295 sq. in. picture. 750 87'? Z ions Ut family entertainment center with solia-sttft- e components. Fabulous Micromatic Recofd Player tracks and traces at a banishes feethferlight touch m. m pn 17 00 700 Kndsn , GRACEFUL y our debts. 650 16 00 10 19 2 15 36 16 42 14 SMCInv The 11 00 95 00 NatlSec High-reliabili- ty ENTERTAINMENT Asked 900 . NatlAmerltfe Automatic Color gives you a perfectly-tune- d picture on every channel, every time I Each also offers: huge 295 sq. in. screen. Brilliant Color, Quick-O- n plus Chromatons which adds thrilling depth and dimension to color-e- ye pleasing Bonded warmth to monochrome pictures. Circuitry chassis has 3 1.F. Stages and Keyed AG C. All thres styles on concealed swivel casters. highest-reliabilit- much. IstWstr-'F- GarrettFrt Todays most advanced Color TV I Magnavox Instant MAGNIFICENT v mer- n Albrtsnslnc AmalSerBds AnaditeCorp AmSav&Loan AmerWstrn ArdenMayfalr BnfcIStdLife BnnvIeSyivan BrwngArms ComlShrnc ContBk DasaCorp DataDesiqn DelphrTyirOll DnvrRIEsf Emdekolntl EquttyOil FirstSecCorp FirstSecInv A In the past 10 years, total installment debts have nearly tripled to a peak of more than $94 billion. We use credit to buy two out of three cars and over half our furniture, kitchen equipment and TV sets. Our total auto debt alone is approaching $37 bill on, more than double the amount in 1960. Why this credit explosion when we have so much cash to spend? for they say The answers form a fascinating paradox we are borrowing so much precisely because we have so SECURITIES bring you Perfect COLOR Pictures! REDUCED TO ONLY Debts Tripled October 4, 199 Quotations from the NASD art repreInter-oealsentative prices as ol approx 1 Inter-dealimately pm markets change throughout the day Prices do not include markup, markdown or comm Is-- REDUCED TO ONLY NOW bank in Miami, Fla., is now dispensing instant $50 loans via a machine which works around the clock. You, the borrower, simply slip the banks magnetically coded plastic card into the machine and out comes a $50 bill. You can get as many $50 bills as you have plastic cards. Banks from coast to coast have been launching and expanding a string of credit card and check credit plans through which you nc v have $2 5 billion of debt outstanding. Many banks have been routinely sending out millions of unsolicited credit cards without even running credit checks on new credit card customers. Few borrowers seem to be concerned about the fact that interest rates typically run between 18 and 24 per cent. Over The Counter NOW These American-Wester- Many experts say a merger appears inevitable somewhere In the industry. Americans revenues last year totaled $957 million and Westerns $222 million. The stumbling block to a quick agreement, according to the report, is I .as Vegas financier Kirk Kerkorian, who acquired a 28 per ct nt interest in Western through a tender offer earlier in the year. S" COLONIAL CREDENZA STYLING An By SYLVIA FORTER A four-mont- h Decorative and beautiful model 3717 measures 50" I, 1 D, 29" H on concealed swivel casters for easy moving, Tambour top glides open to record player and all controls. CHARMING lot of speculation lately about a merger, but I was not aware that Western was engaging in discussions on a merger with anyone. Most airlines have had poor profits this year due to rising costs and failure to get fare hikes approved quickly by the government. Western also had a delay in getting clearance to begin serving Hawaii. MAGNAVOX OLD WORLD MEDITERRANEAN spokesman said, theres been a Compact, versatile ASTRO-SONI- C The lines are still far from an agreement and are not at the moment meeting, but a highly placed executive at American said talks have taken place very recently and that the door is still open, the story said. The odds aie that American will merge with Western or some other carrier, the executive said. 5 Speaker 6, 1959 October NEWS, Monday, |