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Idaho State Journal from Pocatello, Idaho • Page 12

Location:
Pocatello, Idaho
Issue Date:
Page:
12
Extracted Article Text (OCR)

12-1DAHO SUNDAY JOURNAL Sunday, June 21, 1964 THIS WEEK IN BUSINESS Business Escapes ummer Doldrums JACK LEFLER AP Business News Writer NEW YORK (AP) -With In arrival of summer, inrtica'ion are that the seasonal busines doldrums may not be as pro nounced as usual. Statistics issued (luring th week showed thai the ccononv CNW Unloads Stock in Rl CHICAGO (AP)-The Chicago a Northwestern a i a which has chugged Into the new quite often in recent years, ha: done it again. II announced Thursday it ha: sold its entire holding of 214.00C shares of common stock of tin Rock Island lines--a road it ha. been seeking to control. "The sale does not indicate i any way a lessening of the Northwestern's interest in the Rock Island or its intention niti mately to unify with it," said a spokesman.

"The Northwestern intends vigorously to go forward will' its offer for control of the Rock Island, either as the offer is presently constituted or us il may be amended in the future, and il intends with equal vigor to oppose the Union Pacific's competing proposal," Managements of the Union Pa cific and Rock Island have been negotiating details of a proposed merger for some time. The Northwestern's application for control of the Rock Island is pending before the Interstate Commerce Commission. And, the Northwestern spokesman said, it expects to be successful there. However, the spokesman declined to say why the Rock Island stock was sold. But he did say the sale will add about $6,250,000 to the Northwestern's working capital.

The Northwestern has made a merger offer to the Chicago Great Western Railway. And Ben W. Helneman, North western chairman, has said he is Interested in holding merge talks with the Chicago, Milwau kee, St. Paul and Pacific Rail road and other lines. Red Cross Holds Volunteer Meets Red Cross volunteers atlendei two days of (raining and orien tation concerning duties las week.

Mrs. Margaret'Paulson, chapter executive, discussed' coun sellng, financial assistance, am stressed that home service am disaster relief are mandatory duties. That session was at the Red Cross office, 412 West Lewis. In a second meeting at Hole; Bannock, Mrs. Raymond Lish, a newcomer with experience ir social welfare, discussed techniques of interviewing.

Mrs. H. B. Markham also spoke on general organization and programs, particularly blood recruitment. Attending were Mrs.

Markham and Mrs. Emil Podsiadlo, co-chairmen of volunteers, and Mrs. Ward Thorpe, home service chairman; Mrs. J. Austin Lininger, Mrs.

Frank Ramey. Mrs. Robert Rowland- Olive Sprester, and Madeline Thompson. was maintaining Its strength. Steel production held a high level and automobile out put and sales continued 'to boom.

Wall Slrect was talking abou the possibility that a summer rally was developing. And many economists lookec for Ihe income tax cut to make itself felt more strongly in the months ahead. The government reported that jobs, personal income, manufacturing profits and production had increased. Looking over these figures, President commented: "Our economic prognosis is one of continued growth. It heartening to note that loday more people are at work in the United States at higher wages a ever before." Employment climbed to nn all-time high of 71.1 millirai in May while unemployment decreased 300,000 to 3.C million, or 5.1 per cent of the work force, a four-year low.

Personal income including payrolls, profits from small justnesses and farms, divi- dents, interest, rents and other layments to individuals increased in May to an annual of $185 billion, up about billion from April. Profits of manufacturing corporations in the first three months of (his year were 27 per cent above a year earlier. Prof- ts after taxes totaled 55.12 bil- imi against $4.2 billion in tlie irst three months of 1963. Industrial production in May 'ang up its ninth consecutive monthly increase. The index, epresenting the output of fac- bries, mines and utilities, edged ip to 130.3 from 129.fi in April.

This barometer is 30.3 per cent igher than the 1957-59 average vhich ts used as a base figure 100. New orders received by durable goods manufacturers in May fell 3 per cent below the record April level but were substantially ahead of May 1983. The total was $19.0 billion against $20.4 billion in April and $19.3 billion In March. Durable goods shipped totaiec $10.2 billion in May, down $100 million from April but $500 million above March. Steel production dipped for the third week in a row but remained at a high level and industry executives believed a the July August slump will be less than in previous years, output totaled 2,417,000 tons, off 1.1 per cent from the preceding week.

Automobile production eased during the week to an estimated $76,300 passenger cars 'rom 179,821 the previous week but was above the 170,543 turned out a year ago. Woman Charges Youngest Crosby HOLLYWOOD, Calif. (AP) A woman Friday accused Lindsay Crosby, youngest son of crooner Bing Crosby, of knocking her off a bar stool in Hollywood. Mrs. June May Plainkas filed a complainl charging young Crosby with battery.

Sne contended she was in a tavern celebrating her 46lh birthday when Crosby, wilhout saying a word, lifted her from Ihe stool and dropped her on the floor. Crosby denied the charge. He said he got involved in "sort of a free-for-all" when he iried to help the maitre with "some people who were giving him a bad time." Russian Envoy Starts Vacation SAN FRANCISCO (AP)-Anatoly Dobrynin, Soviet ambassador lo the United Slates, arrive In San Francisco Friday i to begin a two-week vaca- 1 lion in Pacific Coast and Rocky Mountain slates. He planned a visit today to Yosemite Natlon- Park. SPORTS CAR HEADQUARTERS New and CITY 510 South Midi 232-577 1' DR.

RUFUS A. LYMAN To Speak lo Pharmacists ly man fo Speak To Pharmacisls Dr, A. of Idaho State University will be a featured speaker at the Idaho Slate Pharmaceutical Association convention at McCall June 29 to Tuly 1. Dr. Lyman is professor of Biological Science, Chairman of Ihe Department of Zoology and lead of the Division of Biological Science at ISU.

He received lis education at the University of Nebraska and Johns Hopkins University and came to ISU in 949. The convention will be at the Shore Lodge in McCall. It will 'ealure gel-acquainted sessions ranging from a coffee hour for -he ladies to the Presidenl's reception for the whole gathering. Climbing Lessons COVINGTON, Ky. (AP) A Methodist church splashed Ihis invitation across ts outdoor bulletin board: "You Can Go Higher Than The Moon Lessons Offered Here Every Sunday." Three Banks Get Deposits From State Three Pocatello banks receiv- deposits this week from tale Treasurer Marjorie Ruth tfoon, representing shares of the early reapporlionmenl of state unds placed in banks through- ut First Security Bank received deposit check of JH0.560; daho Bank and Trust Co.

re- eived $222,367 and Pocatello Na- ional Bank received $13,613, The sums were figured on the mount of capital and surplus the banks as compared to lat of all banks in the slate ligible lo receive state deposits nder the Public Deposilory A tolal of 52,015,158 was divid- among 103 banks, Miss Moon eported. DU PONT PERCLENE YOUR CLOTHES CLEANED RESIZED AND FINISHED TO CRISP PERFECTION "SPECIAL CARE FOR WASH 'N WEAR" "Fresh as a Flower in Just One Hour" Open All Day a a CLOTHES IN BY 4 PM CAN BE FINISHED SAME BAY E.CLARK Training Directors Set Conference At Lewiston Site The 10th annual coferrince ol the Idaho Association ot Training Directors will be In Lewiston June 24-26, announced IATD president, Richard S. Brown, Pocaletlo. The theme of this year's event Is "Communications." Featured speakers at Ihe three day conference will be L. E.

Stevenson, director of organizational planning, Potlatch Forests, Lewislon; Herbert Kite, Professor of the College of Education, Washington State University, Pullman, George H. Sahler, Manager of Education Communications anil Community Relations, General Electric Hanford, and Lee Knack, Director of Public Relations; Morrison-Knudsen Boise, Anyone interested in employe training or related fields are invited to attend, said Brown, and should contact Bill R. Daniels. J. R.

Slmplot Burley, for reservations. The meeting will be held at the Lewis-Clark Hotel, Lewistor. 2 More Children Die of Burns COLOGNE, Germany (AP) -Two more children died Saturday of burns inflicied by a maniac who attacked an elemen- school with homemade flamethrower nine days ago. Their deaths brotight to nine the number of attack: victims. Doctors carihg for an aging teacher and 10 other children in critical condition in Cologne hospitals said they still feared the worst for two children whose condition has worsened steadily over the past few days.

The latest two victims were Ruth Hoffmann, 10, and 11-year- old Karin Reinhold. In addition to seven children who died of burns, two teachers were speared to death by (lie berserk attacker, Walter Seifert, an ailing lathe operator who later took i life. four Churches to Start Center for Christian Study Four area churches are organizing a Christian educational a to be tentatively known as the Center for Christian Study, which will begin operation early next fall. The center will provide instruction in the Bible, theology, Christian ethics and related subjects for townspeople and 1SU students, according to Rev. Austin Lininger, president of the organizing committee.

Special courses will also be offered for church workers. The churches organizing the center include the Central Christian Church, First Congregational Church, First Methodist Church, and the First United Presbyterian Church. The teaching staff will be drawn trom tho ISU faculty, local ministers and other profes- Unemployment er than '63 Unemployment in eastern Idaho continues to run ahead of Ifist year, the Pocatello office of the Employment Security Agency said Saturday. For the six-county area covered by the Pocatello office of ESA, 459 persons were on jobless rolls. Last year the figure was Manager L.

R. Levering said jobs held up good last week, despite tho inclement weather. He said (here was little change in the job picture during the week. Fewer total claims were filed during the week, he said. Job openings for women were a secretaries, home economist and licensed practical nurse.

For men, the job openings were accountant, highway inspector, engineer, insurance underwriter, salesman, cooks, mechanics and electrical engineer. sionally qualified persons. Class es, scheduled to begin In earl September, will be held in th cooperating churches as long a facilities are adequate for en rollment. Included in the organizin committee are Rev. Lininger First i Presbyteria Church; Dr.

Donald Kline, vie president; Rev. Ross Miller, Un versity Protestant Fellowshl registrar; Rev. V. Leon Bolen First Methodist Church; Dr Robert Stevenson, Dr. Frankli Cole, Earl Spahr, Rev.

J. Rus sell Houston, Central Christia Church, and Rev. Harold Heck man, i Congregationa Church. A dean for the cente remains to be appointed. HEALTHETERIA 423 West Uwii.

Ph. 232-5722 USR PARCHMENT PAPER For cooking vegetables in. All juices are retained. 8 sheets 1.00 8-GHAIN MUFFIN AND WAFFLE MIX 2 Ibs 79c RICE rOLISIIINGS Mb 42e Contains vitamins, INSTANT BREWEHS YEAST 1 Ib 1.39 Try it for nerves and constipation, BROWN RICE FLOUR POTATO FLOUR SOYA FLOUK 2 Ibs 80c APPI.EX (Concentrated apple juice) Per quart 2.39 Tsvo tablespoons makes one cup of juice. PAPAYA CONCENTRATE 24-oz 1.69 SPECIALS EFFECTIVE SUNDAY-MONDAY-TUESDAY-WEDNESDAY IGA MEAT GUARANTEED TENDER 10 TIMES OUT OF TEN! ALL IGA MEAT IS U.S.D.A.

CHOICE! IGA Fancy 46-oz, Tins TOMATO JUICE 4 1.00 LIBBY'S No. 300 Size Cars PORK BEANS 4 59c 4 ZEE-400-Count FACIAL TISSUE 88c JOLLY PICKLE BARRELL SWEET PICKLES 69c JOLLY PICKLE BARRELL DILL PICKLES 59C KAISER ALUMINUM FOIL Regular House- CRISCO pound can SrC 6 FRUZOIA PUNCH BASE 19c SLICING CUCUMBERS 19c GIVE DAD A COOKOUT ON FATHER'S DAY! HE UKES TO COOK ANYWAY! SERVE- DELICIOUS JUICY BAR-B-QUED HAMBURGERS! Lean Ground BEEF 1 BAR-B-QUE-Piping Hot FRYERS Average 2V4 to 3 Ibs. before cooking Each FULLY COOKED HAM SLICES BANNOCK BRAND SLAB BACON Pound MORE THAN EVER ARE SHOPPING AT.TT 2740 POLE LINE ROAD 325 YELLOWSTONE AVE. 905 SOUTH 5TH AVENUE A GOOD BALANCE GIVES YOU And you're atways in a good position when you have a Savings Account you can lean on. When you save regularly, you can look to the future with confidence and poise, certain that you're headed straight for the goals of your dreams.

By setting aside a little every payday, you keep your money on the grow and it adds up faster, thanks to our liberal -rate of dividend. CURRENT RATE PER ANNUM COMPOUNDED AND PAID SEMI-ANNUAUY PLUS a very important reminder that your saving account is INSURED TO $10,000 BY A PERMANENT AGENCY OF THE FEDERAL and--deposits received by ihc 20tli of (he monli. earn from the first. OPEN OR ADD TO YOUR ACCOUNT TODAY! GUARANTY FEDERAL SAVINGS 110AN 125 North Garfield Tel. 232-6011.

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About Idaho State Journal Archive

Pages Available:
178,548
Years Available:
1949-1977