Idaho State Journal from Pocatello, Idaho · Page 11 Click to view larger version
April 4, 1976

Idaho State Journal from Pocatello, Idaho · Page 11

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Idaho State Journal i
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Pocatello, Idaho
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Sunday, April 4, 1976
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Page 11
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POCATELLO, IDAHO, SUNDAY, APRIL 4, 1976 IDAHO STATE JOURNAL-SECTION A-PAC-E 11 Local 'Mom and Pop' Groceries Preserve Slice of Americana · . I t n i i i t i - . n i i t c : ^rirl f i l l i p t f S P r V l P f 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 s"xties era. Bill Orr and Kent Steed, owners of Crazy Corner Auto Sales, have ^vested $100 OM fn"renovate the building Its interior will feature old photos of surrounding high school and specialize in grill-cooked hamburgers. Dow Jones Index Rises 75%, 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 the_ 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, Jr., chairman of the Committee of Publicly Owned Companies,of which 667 chief executives are members. In material prepared for the Senate Finance Committee, Wood, who is president of McCulloch Oil Corp., 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 m 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, No.'l red 13 protein 3.88, No.^1 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. Ib;lastweek35.99and 1137; last The problem, however, might year 41.89 and 11.18. not be entirely related to taxes. Slaughter .steers 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 .25-.50 higher mixed slaughter and feeder lambs 47.00-47.50. Grain OGDEN (API-Utah-Idaho No. 2 white barley, 46 or B, 5.00. Wheat per bushel, barley per cwl Car arrivals: wheat 10, Barley 2, total 12. bvMAKKMENDlOLA ?1 e superma Journal Staff Writer nelr , ml! » a Tinv "Mom and Pop" grocery Imparts is the outlets in Pocatello are st " c " °" vo managing to withstand the substantial fm; crushing massiveness of m * lk * a \ popular supermarkets, and, in cnandise. ac the process, are preserving an tor "*" r 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 , f store moves into an area. ..the ." a P" 50 little guv is going to suffer, f 11 ""*-' towar Even-time somebodv else has a good cha opsns the door it means less m a: b » s business," Joe Allen, new S'TM 5 ?TM- , , 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 l'"rery on Mall and K-Mart shopping J o"n s on and \ centers in their respective lu TMTM to spec locations and anticipates ,,,, " ,. another complex in the mea| . TodliN Pocatello Creek region. bto '' e .TM a " ag Allen, 32, purchased his Contacted by Poplar and Jefferson grocery- Ue 'Monteoper last February and previously ^ Av ° r - ' worked for an Albertson's Food ? el son,nis on Center. He savs he has been involved in m 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. r - , been gradually building it back l he K TM so " ! up," he said. One of his prime semi-retired, t objectives is to transform his - u - vcars s £° '' shop from a "convenient stop" lurlled .. " OV ?J into a "good small store." according to T "My main fight right now is ' Ne ' ! * n J as . be showing the public we have a cuttln S busine good meat and produce "The big stc department," Allen com- hand select m mented. "In the produce and T °dd Nelson s : 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 Co\ :· 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, Cal., where h completed a National Institute of Real E (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 (1-30)3.67, (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 E x c h a n g e Prices By THE ASSOCIATED PRESS Close Chg FreepM 26* s p AlcanAI 26Vi-- S -'B Fruehf 23 3 ,ii-- Va P AlldCh 40%-- 3'e GamSk 29'/B p AlldSI 51%-- HB Ganet 3« B -- Va P AllsCh 17Va+ 3 /8 GenDyn 53 p Alcoa 46'/8-- ! 7 /8 GenEI 52'/8-- Vt P Amax 541/4-- % GnFood .293.6+ Va P AHess WVt-- VB GenMI WVt + Ve · P 1 AmAir 9% GnMot 69'/s+ 3 .i P E ABrnds 41 -- Vs GPubU 17%-- Va p j AmBdc I ' j GTelEI 26S S + Vt R t ACan 35V4 GTire mi-- Vt R ACyan 26V;-- -1/4 GaPac 53 + '/a R t A K M E l p lV.'t+ V4 Gilete 32'A-- Vt R - ArnMot 57s-- Va Goodrh UVi-- Vt R AmStnd 26Va-- 1/4 Goodyr 21 Vj-- Vi R AmTT 56%-- Vs Grace 29% s Ampex 74a GrGiant 16V 2 Sf , Anacon 255,6-- Vi Greyhd 15to s . - Armco 31'/a-- Vi GultO 2i*s-- Vs s AtlRch 87V4+P/8 Hecla 15'e-- Va 5 ! Atlas 4'/4+tt6 HewltP 114'/2+ Vi S( 1 AvonPd 42 -- Va HollyS 39:,a-3 /e 5 S BeatFctS 24',a-t- 38 Homestk 38*S-- Ve s , e BeechA 2(Ri+ Vi Honywll 47%- Vs S( BellH 22'/s-- Vt IdahoP 26%+ Ve 5. Bendix 57%-- Ve Ideal B 165% c Boeing 27Vs+ IBM 2671/4+5V! t BoiseC 28Vj+ I n t H a r Wi+ Vs s BriStM 74 + U n N i c k 32'/e+ Ve s - BritPet IHi-- I n t P a p M'/«- 3 .i s . Brunswk 15 IntTT 28V 2 s Budd 14V;-- Jewel 23' -2+ Vi t e Burl In 28i-- B KaisAI 32V?-- *;t s : BurIN 36%- Kencot 33%+ VB S 0 B K U R G H S Krafco 42%-- .t S . Va?i/4 s B+ B Kresge 36%+ \i CastIC 16Va+ e LibMcN 8 . rkets have over bu turized coun- in ability to "work m ume" and have in ncial backing to St arieiy of mer- ·ording to the gi jon's employe. pi ts. however, are la de more per- c; mer service, he d Si i has the right bt Is the public, he tr nee of surviving "t iness." Allen st Pi shackles of chain ion, same small li ng the Del Monte b the corner of ss V. Center, have al alization. fc ·ailing card is p elsoii, De! Monti- fi er. said when o he Journal The ation is a family P Jesides Tod'd w )thers also are fi anagement ac- b rd is assistant p oduee manager, Monte's grocery P P father Ron. now " ought the store c nd has "sort of c to the bovs." odd. The eldest L en in the meat s :at like we do," aid. "We sell a head of beef a ar-old store nks his small 9 · · ·boy 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 ?r (1-30) 114.00, D) 102.00, (30-60) psi H'/s-- Vi izer 30%+ Vs lelpD 41V4--1 lilMor SSVi-- 1/4 lilPt 55%+ 7 /a jlroid 34%--!% -ocGm 90^a+ :/ 4 SvCol 16V4+ Vi uaSd 291/B-- 3 e ufmn 36 CA 27 - VB epStl 34%-- % eylnd 61 -- ' 2 c-yMet 36%-- 1','s ockwl 29%+ Ve oylD 46'/4 -- Va feivy 431/8+ Va JoMin 413,'a-- 1/2 Reg 43?a+ '/a :M i6Vi dttP 22Vs-- 1/2 ars 75Vs-- 7 /a eilO 541a-- % . CalE 19Vi- Va uthC 15'/B+ VB juPac 371/2+ U aoRy 55Vi perryR 49',2+lVa dSnd 341,8+ Vs dOCal 32'3-- % tdOInd 47 + 3 8 tdOOh 681.2-- "2 taufC 91V2-- 2 7 /e terDg 19' i tuWor 44%+ Va rektrnx 58 3 8-- % ;t Celanse 52 - k tockhd 10 % Teledyn 49 3 4 Va r - Crt-td 2l'i- 4 L 0n s t | w, .. Cessna IVs Macke 6%- Va Chnipln 2J» 8 - a Macy 3 6 _ 3, 0 Chryslr 19 + a MadFd lP,s+ 3 t 1- CitSv 44 MaraO 52V4 + lVa f. CocaC 87' B MartMa 20 ColgPal 28 + 2 McDnld 64U+ % " ColGas 24' B- 4 McDnD 18' e 17 Comsat 29 -- s Merck 73?'a St ConEd 16 5 e+ a MMM 63Va-- VB ContAir 7'/2+ 4 Monsan 87'/4-- VB ;" ConCan 28'-a- a ' MonDU 27?a-- Va 5- ConOil 68' a+ a MonPw 24%- Va k ConDat 25%+ MtFuel 38'/ 2 -- 1/4 ls Cowles 8'/« + i MtStTel 23's+ v a CrwZI 45 -- 2 NatDis 243,4- ?B CurtW 13%+ i NalGyp 15Jj- Vt lennco 28's-- u rexaco 26 + U rexglf 35%- 'e Fexlns 124%+ % fextrn 27%-- U Fhiok! 18%+ I B rimkn 4B%- 'a "odShp 12 3 3 TWA 11%+ '-6 rransam 12 TriCon 213 8 + 'a TRW 33%-- 1/4 TwenCt 11 -- 3i UAL 23%-- 1.4 JMC 13i; JnCarb 71i'4+ v- UnElec 13% UnOCa! 443j- u UPac 841 j-- i-, )S Deere 64% NatStl · 4tti-- ' a ,, -[XL. , m " , DelMon 25*a+ '-·? NCR 27%- V 8 M"!|?° ,,,, , , Dillon 34*a- Va NiaMP 13%+ Ve ,,?r,.n u j- u T " Disney 60%+ 1/4 NwtAir 28%-f '/a ,,c| n l p AI/ 0- DowCh 108'/e+ 5 ,t NwtBnc 48%+ % ^Jc,, ,» , ,. d Dressr 78%+ V OcciPt 15Ve-- Va |,Xp' ,,,,. \_ , t, doPont 144Vi-- Vi OlinCp 39 -- Vj Y,,^.,.. «,'.,, ,,', ,j EastAir 7V 3 + Vs Omark ]V/t-- Vo "' a P'" '\'f \f 1fl . EasKd 118%-1 OutMar 34V2+ Ve Xf/rnP li'J l' 0: Eaton 36A+ % Owenlll 60''2 wr,?ir nl-i- ', lb .ElPaw 13% PacGas 20 s ii+ 'a '^BJ,,. j2!+ v! 5d ivS 'I'l-'vt c^l'r" W '' WUnion 19 + '/B v . Firesln 22V4- % PanEP 33Ve- % .j FMC 25% Pasco 23V2-- Ve 1° FdFair 5% PenCnt 2 -i- Va 35 FordM 57V4+ Vt PenDix 5?a-- V» ForMcK IS?*-- % Penney 58%+ Va Wolwth 26 ] ,ii- Vt Xerox 52%- V; Zenith 36%+ % Sales 17,420,000 siness is doing better than were fined or incarcerated ^^Swattoat the ost little stores because of its when he lived there lor according to ·at cutting specialty and remaining open Sundays.he ^ establishment's owners, rate-ship in Associated Food noted. L b d Louise ore , inc. In Paloukos opinion, another ^ , ·In general most little European custom that would be BOW es ocerv stores face the beneficial for Americans to ' lnd f S an d get seWice oblenis of being able to store utilize would be establishment °TM "Jf.. ""''· b ? A( b ' -gequantities (of goods)... We of small markets within neigh- *o*eTOumSst stand in line for ii buv as cheap as anv of the boihood walking, distances. . hrparf " M^ Rnwles " ' V il " " a i f l **\VP tlPP'' 3 lol of bUSlllPSSCS lUdl vl Uiceiu, itia. u u « i v ^ iVl'ler shop's will most likely spread all over town so s* 1 ^ comuetition confronted with a people can walk four or frye b,,^.,^TM th is eZcts this oublesome future, but success blocks instead of driving, he . ,,. . , j iepends on who is running the suggested. business, Laaos saio. G b ls Paloukos University BUSINESS OPPORTUNITY tkcryGrovery is financially ^^ » pan d,n 9 into Idaho with Stressed by sweet pastry ^fes ^ ^ re , e |, e ,° au * s) Ping ind9ustries in Ame rico les. but Paloukos IS indignant ftgKE| today-indoor plants and hesh cut (lowers. We )OUt the $5,000 a year he pays W0C),.' sec , jr ' e p , irn e retail locations and provide for the r lights and heat. S1400 M»,»- j meslor or owner-operotor o complete business ·opertv tax and S750 annual [ plon (hot inrludes total training and manage- ·e insurance outlay, among m£l 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. f · "If I close, I lose business. 1 Franchise Director ;ople will go some other | The Tree House, Inc. Paloukos said he thought the I Q t y State . . . Zip . . . . nited States should adopt a 1 pu M 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 + 3% sales tax Golden Delicious 5' to 6' $6.25 + 19 C sales tax Lodi Apple 5' to 6' $5.20 + 1 6' sales tax Chinese Apricot 5' to 6' $5.20 + 16 e sales tax Weeping Birch 5' to 6' $1 0.45 + 32' sales tax Linden 5' to 6' $9.30 + 28= sales tax Maple 5' to 6' $5.90 + 18 sales fax Blue Spruce 3' to 4' $13.50 + 41 C 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 ch«V or money ord*r 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 *he 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: ,