The Daily Herald from Provo, Utah on July 29, 1951 · 6
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The Daily Herald from Provo, Utah · 6

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Provo, Utah
Issue Date:
Sunday, July 29, 1951
Page:
6
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t SUNDAY, 'JULY 29, 1951. ; ytah-County. Utah - SUNDAY HERALD Most Farm Prices Show Decline For the Fifth Straight Month j WASHINGTON, July 28 U.R ' A decline In farm" ptfcts lor , the fifth 'straight month eventually mey bring relief to the housewife' pocketbook, but agriculture department officials aren't making any promises. The downward trend Is slow moving, they said, and individual farm I items will have to show more 'abrupt drops to be, reflected 6Biiilding Permits ' i ': ! ' i Issued Here Sjtf buildinf permljs issued in Provo city during the past week totaled $15,200. r j They ' included: E. R. Kimball, 1021 E. Ash ave, dwelling, $12,-000; George A. Carpowich, 1754 W.; 1460' Ni, garace, $500; C O. Jensen.' 1021 E. Fir ave., patio, $150nPfE. Ashton, 556 E. Center, addition toihtTme. $2000; John A. Elli0.n- 586 S. 5th W. chicken coon. J130:: Roberts strong. iob E. 7th N -i gsrsge, $400. Springyille Man Gets New Post in definitely lower plce tags at thej! grocery. The uncertain' Price control picture adds to the problem of predicting a ; break for the- con sumer, experii saia. t. . -. . ' Friday's report said farm prices dropped two to three per: rcent during tne montn enaea Juiy ,)3. Meat animals, fruits, cotton and WithPenney Cov - SPRINGVILE 4 Blaine Kimball, assiatant manager of J. C. Penney store here, will leave this week to accept a new position in the Penney store at; Price, where he will be i hed of! the shoe! department starting Aug. 1 He his. been employed inj the local store for ith past five years, wife when he was released from the service after World War II. They have two children. I I Complimentary to' Mr.. Kimball, a canyon party was! given by the employes Qf the J. C Penney compahy and their, partners at Cherry -paric in rtoome creeic canyon; Friday evening. J Dinner was served and Kimball ' was presented y with a attachment and slide lease for his camera. Mr. crops which furnish household items all but eggs and butter oil-bearing a flock of were lower, fat went ud NO abovef parity items dropped enough to reach the parity level and be released from price ceil ings. i Beef; mutton, ! veal, wool? cotton "and some vegetables "new are above parity and subject to controls. - ; : I - ' : .. , 1 . ..' . . -. . . ; i t - 1 Business ant! Finance f . - .... -. ! ! - 1 Big Nosedive Predicted in AutoOutpbt - WASHINGTON, Julys 28 U. Automobile Industry spokesmen said today that car production, hampered- by materials scarcities 'and government v control, - will nosedive even further! than the 40 per cent government-ordered cutback. . A The national, production auth oritys (NPA) yesterday ordered another cut in copper, aluminum and steel which autom ikers may use. NPA said this an RUKEYSER SAYS: ij- . . i ...... ' : n a - rv i '. A a American business Annals Ref utMarxiqn Ideology By; Merryle Stanley Rukeyaer j, INS Economic Commentator; '- l! ; : .. j: ' . ;H ' i - JCarl Marx, in his historic; pook. Das Capital.' makes the capitalist, orj tool owner,: the villain in the business drama. W. . ; J He confused the uninitiated for 100 years by mumbo-J umbo about "surplus value," arguing , that workers didn't receive, enough in wages xo repurcnase me modities they produced. The annals of American neis refute the Marxian ideology, and show that, contrary; to Marx's prediction that the lot of workers would beco me progressively worse, the living standards of workers through the decades) havje improved in spectacular manner. Recent statistical studies by the national bureau ' of economic re search show that in the last two eligible 'for This excess com- civiliah purchase, of money over goods was described as an inflationary gap- : j '. This t'im with the federal debt already in the financial strato sphere and the credit base trebled in a decade, eyen the-' routine, in flationists - in government are fearful of adding another unlimit ed superstructure of inflation Accordingly, there is recognition of the : need for a pay-as-we-go tax I and spending policy. If this is reslized. payf of .civilians would be in consonance of civilian In this movement of politicians with the availability goodi. to achieve decades there has been a Shift ofj 'stability" then the "take home the appearance of in this highly abnor- Price of Pork Drops One Cent CHICAGO. JyJy j 28 (U.RM-The average reHaiLriceeAf pork on the "basic" Chicago jmarket dropped One Cent thii week. I the American Meat Institute said today.1 ;'; y '. ' .1 Pork ' prices in butcher shops were three per cent below last year s; ana j a live per cent price .reduction was recorded for pork loin roast, the AMI said. 1 Wholesale prices J on ; all kinds and : cuts of meat are about six per cent above last! year's prices, even though the - fate 'dropped slightly this week, the AMI isaid. national, inmm from thi ton f. and unstable period of war brscket groups to lower brackeU. fn preparation for war there wages as well as prices. But in order . to conform to existing contracts and the emo tions of Organized groups of workers the wage stabilization board hast made . exceptions in order to validate wage contracts with so-called escalator clauses, permittingj automatic wage increases in response to an advance hi the cost-of-living index. In addition, the board, in aonrovinff ! the; fourceint 'stabilization factor' jBy biiarre comedyof errors, hoiwever,' Mars or preparation foi" r has been substituted in theeconomic drama for the villain, the capitalist. Bt the increased ratio, of government spending for military preparations and other purposes has not expressed itself in inadequate money wages for civilian workers. Money wages are at a peak, but their effectiveness has been more previous a 40 per rean car cuts would result in cent stump from pre production levels. Industry spokesmen! ' claimed the slice in materials quotas would not mean much 'because they cannot get the materials any way. .: . The claimed the' government is allocating metals directly to so many "defense supporting" industries" that automakers, -who have to shop around, for themselves, are unable to get .the amounts which -NPA permits them to Use. ! Automobile production, they said, will fall far short of KPA's estimate" of 1,200,000 in July-September under a previous - S5 per cent quota cut, and 1,100,000 in October-December kinder the additional five per cent cut. . "The automobile industry was said .to feel that the government should make allocations of materials only to the mQiUry'afid for direct defense needs- ' '.'Many ef these so-Called de-ferise-supportlng industries that get allocations now aren't any more defense - supporting than passenger cars," a spokesman said, , j N f'i NEW OFFICERS Merrill Sandberg, left, of Provo, .newly-elected president of the Central Utah Life Underwriters -association, and his two top aids, Charles Sampson, right. Provo, and Phil Jensen, rear, American Fork, secretary succeeds David Bickmore of Provo as president; officers were re-elected. vice' president. Mr. Sandberg the other two Provoan Sells 13-Acre Tract In Las Vegas for $225,000 . Met D. Close of Provo and Las his family will vegas Saturday anno jncea ne nad sold a 13-acre tract of property in the latter city for $225,000 for development of a $2,000,000 improvement project comprising an elaborate 200-room When Bennett t Appear On Forum Tonight .Sen. Wallace F. Bennett. Re publican of Utah, will appear on tne rtBu radio and. television! program "American Forum of- the Air" Sunday evenrng at 7:30 p. m.. WST. KDVL). i .1- Sen.' Bennett wil discuss with . Moderator Theodore Granik! and Sen. BlaiH' Moody,! Democrat of Michigan, the subject "Will ,Con trois ICureu Inflation?" i iwnen ana ii zu per cent or more of the nation's productivity is : given over to. making j guns. military planes Tidother munitions, civilian workers will get, money wages as usual for their hQtirs of labor. But the money income will not be usable for! buy ing back that specialized portion of labor's output. The government will be. the sole purchaser of such goods. ;j. i luring World War n, govern mjent borrowed in excejis'of 60 per cejnt of the funds needed ;to pay fqp military expenses. Thus there wre in the hands of civilians current funds dollarsin excess I in the General Motors contract j made a ruling coving 1 14 million workers wjith contracts for such an Increase in 1951. j."; '. ' j'-'' The National Industrial confer- ejace board, in a special, study of the anhual lmnrovement factor which theoretically is intended to compensate workers for an expected annual rise in productiv-tyj attempted to analyze the true nature of J the annual improvement factor. Yhe board asks ' which of the ( subjoined as a correct description Of an 'annual improvement fac- iot': , . A" deer -ed wage ; increase. boost morale and in tfirn, effect an iaicrease in productivity. A cents per hour approximation of . the long-run increase in the nation's productivity fas determined by official statistics. . A cents per hour approximation of the long-run increase in the nation's ; productivity as determined around the Ibargaining table. ' A' device to avoid a cpntract reopening for one or nore -years. An increase given because 'the rest of them are giving if. A VFage increase thafcanridt be offset by a price increase. A fancy name for i price in- The conference ' board Survey concludes.: . "The definition selected as correct; may well depend upon the color of the glasses being worn. Actually, experience of a- dozen coopera'tors who last year adopted annual improvement type contracts, indicates that all -these definitions fit. The- fact is reflected hot only in lettersl but in the increases agreed upon and the contract. clauses that provide for these increases. - J "As for the wage stabilization board, .it has . indicat d that the key criterion for appmval of such 'improvement factors' is manage ment's promise that tlfre resulting wage increase will not be used as the basis for requesting price increase. ; On the strength of such awarrahty signed by! GM, the 4 cents improvement factor in its contract was okayed tjy the WSB apartment hotel and additions to Club Bingo. Mr. Close sold the property, which1 includes 585 feet of highway 91: frontage, to Prewin, Inc., owners of the Club Bfngo gambling casino which l . this week celebrated its fourth anniversary. The 13 acres were, part of a 19-acre tract Mr". Close purchased some nine years ago. Four acres were used as the site for Club Bingo which Mr. Close built. He sold the " casino four years ago to Prewin. -Inc., the! same com pany which purchased the 13- acre tract during the past week. The remaining two acres of his original IS acres, Mr. Close (xplained, were used In highway widening project. Now "at his Provo! home,' 295 N. University ave., Mr. Close said Vegas after a few weeks. He still owns another tract of return to Las are, on 140 acres in the LSs Vegas with 2000 feet jof frontage ! Milton Prell, dlub Bingo man ager and secret ry-treasurer of Prewin, Inc., said in Las Vegas that construction on the j new hotelf .project would begin: "al mo& immediately." Straus Says Reclamation Projects in Western I States to Set New Marks HUNGRY HORSE, Mont., July annual Jump of 492,000 acres ever !1 at Hungry 28 (0.R) Commissioner i Michae Straus said today the bureau of reclamation has scheduled con struction work which would hike acreage and- kilowatts to record highs In 17 western states in the next yar. - Straus arrived Horse today with high reclamation' officials for an inspection tour of Hungry Horse dam con struction. The officials made a tour! of the Columbia basin project yesterday. . j1 . f, 1 . - - -ii ------ - .-..-News Keeords Seen ; -'- 'ti- 1 -The boss of . the government's sprawling reclamation ''program said: future construction plans mapped by bureau directors at Wenatchee. Wash.!1 Drosrrammlne conference would bring reclama tion! half -centyry performances to newi records. I:; - . I The ' bureau's Irrigated acres wpujld be increased within 'the next year to - 7,052,253 acres an current funds dollars in excess) A" -incrjease designed, to raise contract was okayed b othat portion of total production ' the workr'8 standard of living, ph June ;7." ' : WHELAN NOMINATION CONFIRMED BY SENATE WASHINGTON July 28 (U.R) The senate Fridavnight confirm ed the; nomination of Thomas E.I Whelan to be ambassador to Nicaraguathe first North Dakotan ever appointed to an ambassadorship;- . -f . The confirmation was g 1 y e n after brief discussion in - which several senators- . congratulated Sen. William Langer,. R., N. D.. for success in his long effort to obtain a diplomatic appointment for his state. Whelan is a Republican. -;' 1 - Senior Member Of Sh river Firm in Provo r, Shriver, 'senior, member of the Provo firm M Shrivers, ias arrived, here for a two-month. visit from his home in Bakers- field, Cal., where he now lives in Retirement,"-..'' : j; ;..':-' '. Visiting with sons,' Ed B. and H. D. - Shriver, the venerable merchant declares that "Provo will always beTiome to me, ..Still keeping an active finger in business affairs,; he is rounding out his 56th year In the business world. He founded the Provo store in 1928, and prior to that was a prominent ureka mer chant for 40 years. PH0N E COMPANY OPENS N EW BUSINESS OFFICES MONDAY The Provo business j off ice of (the Mountain Stlates Telephone and Telegraph company will be at its (new location, 132 W. Center, starting Monday morning, j according to J. W. SnellL district manager. . . - . '" Mr. Snell said the business office was moved because the operations . of the company her$ now require larger space due to the tremendous expansion of ttfe past few years. .;. As of June 30,4 1951, Mrv Snell said, the company had 11,755 telephones Jn: Provo and Orem. On j the same date in 1948 there "vgere only 6420 phones .in this area, and in 1941 there were only 3266. The plant and traffic departments, including the 'switchboard, Will remain at 53 E. Center street, Mr. Snell stated. ... ... .1 - Current croiect lands.' Power capacity will realize an t annual increase of 345,200 kilo watts. That would bring it to 4. 27 11200 kilowatts. The reservoir capacity i will spiral, tor 101,464 acre feeti And that .figure repre sen ts an annual increase of 9,-547,000 acre feet. . . i i j The giant Columbia basiir.prol- ectj whose irrigation figures go . into service next year; wouta account for 87,000 acres of the in creese In irrigated lands. ,-1 ISth Generator; 1 ' Straus said the 18th and last generator will be' installed this ;? . fall at Cgrand Coulee dam. bring- -ing the dam capacity to about 2.-000,000 kilowatts. The addition of -the world's . largest "power ! plant would set a new world s record for ae single plant. ' . j,1 ' . , Straus j saia me rapia jaie vt progress ion tne coiumoia i oasm project indicates the first Mrri- gatfon with water from behind. Grand Coulee dam . will 'be un- . . derway iext spring.. !j - J -L-..., i RELIABLE PRESCRIPTIONS V PHONE 144 1 !.'. I k. CENTER DRUG 129 West Center Provo LeRoy Johnson r. - !(- About Your Automobile Insurance let us !,. :J SAVE YOU MONEY Insurance with us Is a Specialty net a Siidelin tojloy Johnson Insurance and '. ,? -.. K. '!-.-' . f:''l .1': I-. Real Estate West, 1st North - was FIRE RIGHT-AT HAND : HAMMOND, Ind. U.R It something j new lor Hammond firemen to walk to a blaze. It started ,next door to their station when garbige in a truck caught ure. . -i I i. . The most'distant objects which can be observed with I the 200-inch Hale telescope at Mt. palo-mar. 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