The Ogden Standard-Examiner from Ogden, Utah • 19

THE OGDEN STANDARD-EXAMINER 7B OGDEN UTAH SUNDAY MORNING AUGUST 9 1959 Deot Ml hrusii AA a Ices I' I 1 1 I1--! i1 1 ft 'vll'l-i J- I HIJll)l I 'I I ii ff mi mi Ill 5 I jv iu" jr jr pr hi '--V "i ss 'w I VZC1! "ss i -v' f1nv Oil km Hinckley Firm Gains Top Dodge Award Dodge division of Chrysler Motors Corpi yesterday presented a quality dealer award to Robert Hinckley Inc of Ogden for superiority in five fields These are performance in sales service of the product facilities excellence i teamwork and administration Seeh regional manager who made the presentation statement said the award is not a light Scene "Jut 11 mm iUSEness for iAug: 20 The aluminum incfus- Bv William Ferris defense program Business News Writer I The reaction of American stock I try keeps going under temporary NEW YORK A new figure exchanges varied from those in I agreements which end Nov 1 or 30 i i lit appeared on the American business Europe The Frankfort West Ger- days after a steel strike settlement whichever comes first many market had a wild boom the scene this week as unlikely a person as one could imagine: Comrade Nikita Khrushchev He appeared not -with a bomb but with a dove The Soviet premier day the news came out The London stock market staged a very substantial advance throughout the LIMITED EFFECTS" It is unlikely that the steel strike one as revealed by the fact that of week wll be permitted to run until Sept and President Eisenhower startled the 3000 Dodge dealers only 350 possess the quality banner the world by announcing they would 15 scheduled start of Khrushchev' Meanwhile back at the mill silence reigned The steel strike its third week went into its exchange visits this month visits Manager John Hinckley said he Immediately speculation arose fourth Negotiators appeared to be The effects of the strike still were over the possibility of an easing of international tensions A major limited mainly to the steel indus SNEAK PREVIEW OF SHOPPING CENTER accepted the award with pride and thanks for the i good work done by the members of the team who worked so hard to win it He in making very little progress A strike of workers in the copper lead and zinc industries loomed Already under construction the new half million dollar shift in policy between the two great powers could have profound economic effects er will provide this attractive view when shopping cen Grocers food store and a Woolworth's department store shown in this architect's sketch Tentative completion date is about Oct 1 Construction work' is by Morrin Son The project is backed by a group of Weber County businessmen i The news did not of course show tie center is being built on a four-acre- troduced several key employes including Mrs Charlene Thompson who jeceived an accounting achievement award i "I1 completed up in business statistics But it did South and 1900 West Roy he larg- tract at 5700 est of several stores planned here is the Associated i Substantial Gains Shown by Ogden Bank Affiliate 1 Substantial growth of the Bank ii I ii common stock payable Sept 15 "TAKING STOCK The firm ireported net income for of Utah and its affiliate Bank of the three months ending June 30 of $2631083 equivalent to $132 per- 'j Ben Lomond has been reported to directors by Frank Browning president of both firms share compared to $2088379 or $107 per-share for the same period 8 Old Downtown Building to Be Demolished Bakery Expanding exert pressure on those sensitive barometers the stock markets Stocks of companies with large defense orders sagged for several days running Stock sales totaled 12768484 shares in the latest week compared with 15069048 shares in the previous- week and 18523120 shares in the same week last year Bond sales had a par yalue of $28045000 in the latest week against $28887-000 the week before and $30445600 in the same 1958 weekj CAUTIOUS MOOD The mood of market Analysts became cautious Said Buchs-baum of Hutton! Co: "A i Mr Browning reported Bank of Utah total assets climbed from $11 Among others who 1 spoke were Robert Hinckley of the Salt Lake Hinckley Enterprises and Robert Hinckley i founder of the company being honored! Mr Hinckley reminisced briefly i The awards were made at a luncheon in the Ben Lomond Hotel attended by many friends of the firm who were welcomed to the event by Warren Dallin Salt Lake district manager of Dodge division I ji Ogden Man Wins Original Painting Wilson 869 Binford has been awarded an original oil painting as first place winner in a sales last year Attends Lens Session if i I 251000 to $12622000 during the year try itself and directly related industries such as railroads and mining companies An unofficial tally of layoffs in other industries put the number tat In addition 500000 steel workers were on strike There were some reports of declines in retail business in major steel centers but department store sales throughout the country ran six per cent oVer last year in the week ended Aug 1 latest for which figures are available i i i Briefly over) the business scene: Americans bought more from -foreign countries! in June than they sold to them It was the first time in nine years that imports exceeded exports And another first: For the first time since the end of World War II trading in stocks and bonds for the year ended June 30 was greater dollar-wise than in commodity futures And still another: For the first time since the New Orleans Cotton Ex-changelwas founded in 1871 there were no trades in cotton futures Wednesday i (The Du Pont Co has been quite successful in drying up some of its lushes In the last 15 years more than half of 1254 employes jtfho were once alcoholics have been cured 1 1 ending July 31 include people employed at Hill By Cliff Thompson i son at a cost of about $80000 Dr Verne Nielsen optometrist Deposits totaled $11206000 at the end of July compared to $9958000 The station will be i operated by We old building on the north- has returned from an Eye Research Foundation conference in Ji Chicago a year ago Vesti corner of 26th and Grant -will soon be torn down' 'I Mr Browning reported Bank of attended by more than 2000 spe cialists from 34 nations Utah profits increased 20 per cent rise a new $125- fin its "place will from $85000 to $107000 during the 6oO I distribution facility for Contin Air Force Base and the Naval supply Depot The Employment Service also reports that 925 per cent of Weber County's residents are employed in the county 33 per cent in North Davis arid 16 per cent in Box Elder County I More Swimming Pools 12-month period reduction in tensions could mean less emphasis on defense and a stretchout of major military pro ental Baking Co Among reports presented to the conference were studies on contact lenses! for jbabies and childrei and bifocal contact lens improvements Motor Mercanti Co occupant grams" cJf if the old-building for several' contest sponsored by Singleton Co ai calendar and adverr He reported $1848544 total assets for the Bank of Ben Lomond jwhlch is controlled by Bank! of Utah stockholders Bank of Ben Lomond deposits climbed from $881260 to $1618000 And Sidney Laurie of Co commented "Most assuredly peace is bullish but any Merchandising Meeting tising specialty firm! Awards were based on sales i United Telecasting and Radio Co with Arch Webb as president Mr Webb said he is waiting FCC approval of a- Little Mountain site for the transmitter before starting construction on a 20 by 30 foot building for this facility Mr Webb expects to employ about 12 to 15 people to operate the station Four New Stations Four new service stations have been built in Ogden since the first of the year and three existing ones rebuilt 4 Harry Needham director of City Inspections said only three new Ji'earsj expects toj move into new quarters' on 35th Street by Sept 1 A 6000 square foot building for is nearing completion at 35th according to Dale Brooks Motor Mercantile manager 1 Twelve 'private swimming pools were built in Ogden during the I 11 i Robert Anderson local Zale Jew-ely Co manager has returned from a national management develop during the past year I thing which hints of a smaller de fense budget could be psychologi callv disturbing" I i Mr Wilson competed with 240 salesmen employed! by the firm in the United States Alaska Hawaii and Puerto Rico in the two-month first six months of this year compared to 10 for the same period of ji Mr Browning said these increases are indicative of the dynamic Many companies both large and "iThei u-m will operate a wholesale ment land merchandising meeting of the company in New York City growth of the Ogden area1 small have orders based upon the contest which ended July 20 automotive parts the new building super market in employing eight 2587 Grant was 1958 Only one of these new pools has been registered with the city health department in accordance with a city ordinance people The building a inie ago by Con purchased some ones were built and one rebuilt tinental Baking Co for expansion School Off to 1 Fred A Kuhlrhann Continental Baking manager said razing of the during the same period last year Jobs in Salt Lake The Employment Service reports building will start as soon as the Keith Duvall will begin a two-week course tomorrow at the gradu vacates! He said automotive firm ate school of savings and loan at 14 per cent of the Weber County labor force is employed in the Salt the University of Indiana Mr Du vall is secretary-treasurer of the Lake area Ogden First Federal Savings and This represents 4 per cent of the Salt Lake area employment Loan Assn Dividend Declared detailed plans for the new facility have not been completed I rliMI Ogden's First TV 1 In '(' I' pgden's first television station is scheduled to go pn the air before the! firk of the month i KVOG-TV Channel 9 will telecast "fripm la two-story l50 by 80 foot studio -nearing cbmpletion at 1538 Gib- Salt Lake County residents make up 3 per cent of the Weber County employment Of the people employed in North McKesson Robbins Inc have approved a quarterly divi- Davis County 443 per cent or 6 live in Weber County These dend of 37 cents per share on 1 570 4t 'I I I I I ill I I I 1 1 11 1 1 'fj SS T- TriKBOtM I -11 LIJ i' 11 1 I 1 I i II' UK WL I 1 1 I 1 ill1 II'- 1 I I 5 1 I I iff i i ji 0i a i 1 1 I IT 1 1 III" WaaVW-'' I 1 A I MJ 11 1 mmm'mmmmm'mm Hit 1 1 I 1 1' 11 1 1 1 'III' bh I 1 1: ILJIJ 1 ThebuUdlag bora fa bittrj bbs i can bc fewad ever fates: S5 1 I I I 1 1 1 1 1 -1'lj I li tecrtmtt tl tvlxzP cur Ability to buy mcr itnd more good for good llvfofj it- jftdii- Irn I Whit i-SS Taf0 Mentha yrZl'50 AVVM I 1 'M' wii surname A 1 I iX i 1 'I 1 1 1 00 OSGEMTOAIU OUi LEW TIF WAY and advortlolno can holp mako your future years more plentiful i triaii oyor One of a series of advertisements prepared by Western States Advertising Agencies Association i i i 11.