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Idaho State Journal from Pocatello, Idaho • Page 11

Location:
Pocatello, Idaho
Issue Date:
Page:
11
Extracted Article Text (OCR)

POCATELLO, IDAHO, SUNDAY, APRIL 4, 1976 IDAHO STATE JOURNAL-SECTION A-PAC-E 11 Local 'Mom and Pop' Groceries Preserve Slice of Americana I i i i i i i i i Family Affair Ronald Nelson, owner of Del Monte Grocery, slices a slab of meat as an additional treat for customers in his small store. Nelson's son, Kurt, in the background, prepares to package hamburger and is one of four sons who help operate the corner grocery. Seestory'at right. (Journal Photo by Mark Mendiola) Tri-plex Theatres Slated Construction of a new Alameda Plaza triplex movie theatre will begin next week with grand opening slated for the first of July, Mann Theatres Corp. of California has announced.

Ron Harman, manager of the Chief Theatre, will manage the new theatre complex when it opens in conjunction with Bicentennial Fourth of July celebrations. Harman 'will continue to manage the Chief Theatre, another subsidiary of Mann Theatres Corp. The Chief will not close as result of the new theatre opening, he asserts. Harman has managed the Chief for the past five years, but has been with Mann for 18 years. General contractor for the tri-plex theatre project will be the John Price organization of Salt Lake City.

The theatre structure will be located south of the KWIK radio station. Each of the three theatres in the new building will have seating capacity for 250 spectators. A common cashier and concession stand in the lobby also will service each of the theatres. In addition to the new Poeatello theatre, three other tri-plex theatres will soon be constructed by Mann Theatres Corp. in Idaho Falls, Logan, Utah and Missoula, Mont.

NOSTALGIA-This hamburger joint, formerly the Snack-Out on the corner of Mam and Sublette has been transformed into a fast food service reminiscent of the late fifties-early era. Bill Orr and Kent Steed, owners of Crazy Corner Auto Sales, have $100 OM the building Its interior will feature old photos of surrounding high school and specialize in grill-cooked hamburgers. Dow Jones Index Rises Investors Still Not Happy By JOHN CUNNIFF AP Business Analyst NEW YORK (SP) While the most popular stock market indicator, the Dow Jones index of 30 industrial stocks, has risen about 75 per cent from its low point on Dec. 6, 1974, many top executives are hardly satisfied. Their feeling is like that of a lot of other Americans who, upon reading good news about an economy once again moving forward, are inclined to think that they are excepted.

They want to be included. The big surge in stock prices, they say, has been concentrated in the bluest of the blue chips, leaving hundreds of other substantial companies in a very black mood. The vast majority of companies are still experiencing difficulty in attracting attention to their snares, said C.V. Wood, chairman of the Committee of Publicly Owned which 667 chief executives are members. In material prepared for the Senate Finance Committee, Wood, who is president of McCulloch Oil called attention to what he said was a continued night of small in- estors from the equity mar- It is those investors, the committee believes, who provide the backbone of financing for some of the second and third tier companies substantial, profitable companies that somehow don't attract the big institutional funds.

The institutions, it seems, which are included in the compilations that make up the popular industrial average. Odd-lot trading which is trading in units of less than 100 shares, and which is supposed to be indicative of small investor activity has not picked up in the most recent rally, despite a general upsurge in volume. In February, Wood said, investors sold 1.2 million shares in odd-lots, and bought only 4.9 million shares. And something of the sort has been going on mutual funds also, with redemptions running uncomfortably high. The committee long has urged Congress to change the tax laws to encourage more participation by individual investors.

It urgently seeks, along with other groups, a reduction of the double tax on corporate dividends. The committee also seeks a $1 000 capital gains exclusion on securities transactions, and encouragement of employe stock-ownership plans as a means to broaden the share- Many of these investors were victimized by the wild up-down churning of the market in the late 1960s and are determined not to be caught again. Some of them seem to be less confident of vigorous, uninterrupted economic growth. What this seems to indicate is that the individual investor, burned a few times but possessed of essential common sense, is still inclined to play it safe for a while more. He wants more assurance.

And maybe he wants tax relief too. Livestock grain exchange: Wheat delivered, truck bids: 3 18 No 1 red 12 protein 3.48, red 13 protein 3.88, white wheat 3.15, money in the "establishment companies, a good many ot Princess White MAMARONECK, N.Y. (AP) Dancer-comedienne-singer Princess White, Uie name she was given at birth by her ful blooded Indian mother, collapsed and died Sunday after a performance here. She was 95. SALT LAKE CITY (AP- USDAI--Utah, Idaho and Eastern Nevada feedlot and range sales for week ending Friday: Slaughter steers 3.00-3.50 higher; heifers fully 3.00 higher; trade very active late last week and over weekend but slow thereafter as many operators took their cattle off market; demand broad; confirmed sales this week on 6,200 slaughter steers, 880 slaughter heifers; average price of choice owner base, which surveys show steers this week 37.77 and 1117 has been shrinking.

1137; last The problem, however, might year 41.89 and 11.18. not be entirely related to taxes. Slaughter late sales Some students of stock arket good and mostly choice 3s 1025- activities feel they detect a fun- 1150 lb 39.50-40.00; early week damentally changed attitude in sales 36.00-38.50; few Holsteins small investors, both toward the early 36.00. market itself and to the future in Slaughter heifers late mostly TM pra i choice 3s, few 4s, 900-1100 Ibs 8 38.00; early sales 34.00-36.00. Feeder cattle trade moderate, 1.00-3.00higher; choice 550750 lb steers 42.00-44.00; mixed good and choice same weights 40.00-42.00; mixed good choice 470-475 lb steers 44.00: heifers 35.75; choice 550-650 lb heifers 35.00-36.00; mostly good Holstein steers 800-950 lb 34.00 35.50.

Range lambs for Sept deliv cry in Utah higher mixed slaughter and feeder lambs 47.00-47.50. Grain OGDEN (API-Utah-Idaho No. 2 white barley, 46 or 5.00. Wheat per bushel, barley per cwl Car arrivals: wheat 10, Barley 2, total 12. bvMAKKMENDlOLA superma Journal Staff Writer nelr ml! a Tinv "Mom and Pop" grocery Imparts is the outlets in Pocatello are st vo managing to withstand the substantial fm; crushing massiveness of lk a popular supermarkets, and, in cnandise.

ac the process, are preserving an tor Alberl aspect of Americana that Smaller outic threatens to fade into the pages ilblt to provi of history books. sonalizvd cusio "Everv time a high volume sam store moves into an area. a 50 little guv is going to suffer, 11 towar Even-time somebodv else has a good cha opsns the door it means less business," Joe Allen, new S'TM 5 owner of the Jefferson Street To break the Market, told the Journal last store compctit week. Allen said he foresaw markets, mclui development of the Pocatello on Mall and K-Mart shopping on and centers in their respective lu TMTM to spec locations and anticipates another complex in the TodliN Pocatello Creek region. bto a ag Allen, 32, purchased his Contacted by Poplar and Jefferson grocery- Ue 'Monteoper last February and previously Av worked for an Albertson's Food el on Center.

He savs he has been involved in fighting an upstream battle tml es Ridia trying to improve the store. mea a "For three years, quality of and Bub ls Del the store has been down. I've ma a 6p. been gradually building it back he TM so up," he said. One of his prime semi-retired, objectives is to transform his vcars shop from a "convenient stop" lurlled OV into a "good small store." according to "My main fight right now is Ne as be showing the public we have a cuttln busine good meat and produce "The big stc department," Allen com- hand select mented.

"In the produce and Nelson meat departments we can keep minimum of It as competitive as chain week." stores." The 27-ye i One of the main advantages manager th 1 BUSINESS BITS LARRY C. RAWLINS has joined Propane Co. as a sales associate. Rawlins pre Larry's Propane and Gas Service for two years and is a Chubbuck planning and zoning commissioner. His responsibilities with Cowboy Oil will include selling oil, gasoline, and propane gas.

he will also service all gas appliances. Rawlins is former manager of Van Gas and Petrolane.He closed his own business the first of March and started working for Cowboy Oil two weeks ago. GORDON WILKS, Clark Real Estate Co returned from San Diego, where completed a National Institute of Real (NIREB) office administration course. Upon was appointed sales manager of Clark's Poc Grain PORTEND; Ore. (AP)-- Portland Grain Friday.

Wheat No 1 bulk bid to arrive market delh or 30-60days): White (30-60) 3.69. 3.67, (30-60) 3.69. Montana Dark Hard Winter 3.82, (30-60) 3.81. Any origin Dark Hard Win 30) 3.80, (30-60) 3.80. Coarse Grain, bid and offer, from 1 Exchange for North Coast delivery: Corn Eastern Bid (1-30) 112.00, (30-60) 112.50.

Off (30-60) 114.50. Barley, No. 2 Western Bid (1-3 102.00. Offer (1-30) 103.00, (30-60) 103.50. Selected New York Stock a Prices By THE ASSOCIATED PRESS Close Chg FreepM AlcanAI 26Vi-- -'B Fruehf 23 3 Va AlldCh 3'e GamSk AlldSI HB Ganet Va AllsCh 3 GenDyn 53 Alcoa 7 GenEI Vt Amax GnFood Va AHess WVt-- VB GenMI WVt Ve 1 AmAir GnMot 3 ABrnds 41 Vs GPubU Va AmBdc I GTelEI 26S Vt ACan 35V4 GTire mi-- Vt ACyan GaPac 53 A V4 Gilete 32'A-- Vt ArnMot 57s-- Va Goodrh UVi-- Vt AmStnd 26Va-- Goodyr 21 Vj-- Vi AmTT Vs Grace Ampex 74a GrGiant 16V 2 Sf Anacon Vi Greyhd 15to Armco Vi GultO Vs AtlRch Hecla 15'e-- Va 5 Atlas HewltP Vi S( 1 AvonPd 42 Va HollyS 5 BeatFctS 38 Homestk Ve BeechA Vi Honywll Vs S( BellH Vt IdahoP Ve 5.

Bendix Ve Ideal Boeing IBM BoiseC I a Vs BriStM 74 i Ve BritPet IHi-- I a 3 Brunswk 15 IntTT 28V 2 Budd Jewel 23' Vi Burl In 28i-- KaisAI BurIN Kencot VB 0 Krafco Kresge CastIC LibMcN 8 rkets have over bu turized coun- in ability to "work ume" and have in ncial backing to St arieiy of mer- to the gi jon's employe. pi ts. however, are la de more per- mer service, he Si i has the right bt Is the public, he tr nee of surviving iness." Allen st Pi shackles of chain ion, same small li ng the Del Monte the corner of ss V. Center, have al alization. fc card is elsoii, De! Monti- fi er.

said when he Journal The ation is a family Jesides Tod'd )thers also are fi anagement ac- rd is assistant oduee manager, Monte's grocery father Ron. now ought the store nd has "sort of to the bovs." odd. The eldest en in the meat like we do," aid. "We sell a head of beef a ar-old store nks his small 9 Oil and viouslv owned Realtor, has successfully state Brokers his return he atello office. Exchange close ered coast (1-30 oft White (1-30) Ordinary (1-30) er Ordinary 1- 'ortland Grain No.

2 yellow (1-30) 114.00, D) 102.00, (30-60) psi Vi izer Vs lelpD 41V4--1 lilMor SSVi-- lilPt 7 jlroid -ocGm 4 SvCol Vi uaSd 3 ufmn 36 CA 27 VB epStl eylnd 61 2 c-yMet ockwl Ve oylD Va feivy Va JoMin Reg i6Vi dttP 22Vs-- ars 75Vs-- 7 eilO 541a-- CalE 19Vi- Va uthC VB juPac aoRy 55Vi perryR dSnd Vs dOCal 32'3-- tdOInd 47 3 8 tdOOh 681.2-- "2 taufC 91V2-- 2 7 terDg 19' i tuWor Va rektrnx 58 3 8-- Celanse 52 tockhd 10 Teledyn 49 3 4 Va Crt-td 2l'i- 4 0n Cessna IVs Macke Va Chnipln 8 a Macy 3 6 3, 0 Chryslr 19 a MadFd 3 1- CitSv 44 MaraO 52V4 lVa f. CocaC 87' MartMa 20 ColgPal 28 2 McDnld ColGas 24' B- 4 McDnD 18' 17 Comsat 29 Merck St ConEd 16 5 a MMM 63Va-- VB ContAir 4 Monsan VB ConCan 28'-a- a MonDU Va 5- ConOil 68' a MonPw Va ConDat MtFuel 2 ls Cowles i MtStTel a CrwZI 45 2 NatDis CurtW i NalGyp 15Jj- Vt lennco 28's-- rexaco 26 rexglf 'e Fexlns fextrn Fhiok! I rimkn 'a "odShp 12 3 3 TWA '-6 rransam 12 TriCon 213 8 'a TRW TwenCt 11 3i UAL 1.4 JMC 13i; JnCarb v- UnElec UnOCa! 443j- UPac 841 j-- i-, )S Deere NatStl 4tti-- a DelMon NCR 8 Dillon Va NiaMP Ve j- Disney NwtAir 0- DowCh 5 NwtBnc Dressr OcciPt 15Ve-- Va doPont 144Vi-- Vi OlinCp 39 Vj EastAir 7V 3 Vs Omark Vo a P'" 1fl EasKd OutMar Ve li'J l' 0: Eaton Owenlll 60''2 nl-i- lb PacGas 20 'a 5d ivS 'I'l-'vt WUnion 19 Firesln 22V4- PanEP 33Ve- FMC Pasco 23V2-- Ve FdFair PenCnt 2 -i- Va 35 FordM Vt PenDix ForMcK Penney Va Wolwth 26 Vt Xerox Zenith Sales 17,420,000 siness is doing better than were fined or incarcerated the ost little stores because of its when he lived there lor according to cutting specialty and remaining open Sundays.he establishment's owners, rate-ship in Associated Food noted. Louise ore inc. In Paloukos opinion, another general most little European custom that would be BOW es ocerv stores face the beneficial for Americans to lnd an get seWice oblenis of being able to store utilize would be establishment A( -gequantities (of We of small markets within neigh- stand in line for ii buv as cheap as anv of the boihood walking, distances. hrparf Rnwles il a i tlPP'' 3 lol of bUSlllPSSCS lUdl vl Uiceiu, itia.

i iVl'ler shop's will most likely spread all over town so 1 comuetition confronted with a people can walk four or frye th is eZcts this oublesome future, but success blocks instead of driving, he iepends on who is running the suggested. business, Laaos saio. ls Paloukos University BUSINESS OPPORTUNITY tkcryGrovery is financially pan 9 into Idaho with Stressed by sweet pastry re au s) Ping ind9ustries in Ame rico les. but Paloukos IS indignant today-indoor plants and hesh cut (lowers. We )OUt the $5,000 a year he pays sec jr irn retail locations and provide for the lights and heat.

S1400 meslor or owner-operotor complete business tax and S750 annual plon (hot inrludes total training and manage- insurance outlay, among men! oversight, her difficulties. The pockoge assures the opportunity for high aloukos, a 64-year-old baker THE Our approach is unique and successful. There is ho immigrated to Pocatello TREE nothing like it in Idaho todoy, so don't om Greece in 19iil, regrets HOUSE delay send coupon for more information. elition to open on Sundays. "If I close, I lose business.

1 Franchise Director will go some other The Tree House, Inc. Paloukos said he thought the I State Zip nited States should adopt a 1 pu PLANT A TREE FOR LIBERTY The Pocatello Chamber of Commerce, in cooperation with Pocatello Greenhouse and the Idaho State Journal is making low cost trees available to all the citizens of Pocatello as part of the Pocatello clean-up and beautification project scheduled from April 1 thru May 1, 1976. Tree prices are as follows: VARIETY PRICE PER TREE sales tax Golden Delicious 5' to 6' $6.25 19 sales tax Lodi Apple 5' to 6' $5.20 1 6' sales tax Chinese Apricot 5' to 6' $5.20 16 sales tax Weeping Birch 5' to 6' $1 0.45 32' sales tax Linden 5' to 6' $9.30 sales tax Maple 5' to 6' $5.90 18 sales fax Blue Spruce 3' to 4' $13.50 41 sales tax Norway Spruce 3' to 4' $11.55 35' sales tax Austrian Pine 3' to 4' $9.95 30' sales tax For each ten trees purchased, the Beautification Committee will donate one maple tree to the Pocatello School District to be planted at area schools. This is a perfect opportunity to do something worthwhile for Pocatello and, at the same time, do something nice for your home. 1 NO.

OF TREES VARIETY i Name Add ress Citv Phone (Your or money mult oceompcny tltii order. Make payable to Pocaletlo Chamber o( Commerce.) NOTE: Because there is no profit to either Pocatello Greenhouse or the Pocatello Chamber of Commerce, they cannot guoran ee thi life of tree. However, all precautions have been taken to insure that you receive your tree in excellent condition. Planting instructions will accompany each tree. Nome of child's school:.

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About Idaho State Journal Archive

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