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The Salt Lake Tribune from Salt Lake City, Utah • 84

Location:
Salt Lake City, Utah
Issue Date:
Page:
84
Extracted Article Text (OCR)

I 94 TH l.y Iqpr-yi jiy "IIDIIIH ngfWMyyiyiiir.irir-Tji.-ii-'in "'ir nyr irTi' n-H-y 2 The Salt Lake Tribune. Sunday, September 27, 1981 As They Go, So Go Stocks Sure-Fire Market Gauges jft'y. wny 'y ambiguous signals in the middle and late 70s. Ve didn't know quite how to interpret slit skirts," Shaw says. But he now thinks he sees a clear signal.

"We have reports from Europe that hemlines will soon be rising several inches. You know what that means, of course. It means bull market. By Max Gunther Special From Readers Digest If you could read tomorrows stock market prices today, you would be rich in 24 hours. Nobody can, of course, but people in and around Wall Street keep trying anyway.

Yearning for a glimpse into the future, they earnestly study rock-solid fact sheets, price-earnings ratios and statistical analyses. Then there are those less sensible-sound prognostication techniques which have records of success that are as good or better. For example: Aspirin Count: This theory rests on what seems like a reasonable premise. When things are going wrong, people get a lot of headaches and buy a lot of aspirin. The theory goes on to postulate that such a period will be followed by a market collapse.

Therefore, if you want to see the stock markets future, find out how much aspirin people are buying. The U.S. International Trade Commission reports the nations aspirin production each year. When output goes up in a given year, stock prices as measured by the New York Stock Exchange (NYSE) composite index fall the following year. And vise versa: aspirin down market up.

The forecast has been wrong only four times since 1965. Viva Short Skirts! Tie Widths TIE Gauge: Alan Shaws own project, it predicts the markets course by noting the currently fashiona-, ble widths of mens ties wide ties are bearish; narrow ties, bullish. i "Narrow ties show euphoria, Shaw "Men wear -narrow ties when theyre feeling sharp and confident. He notes with satisfaction that, President Reagan and his Cabinet members are narrow-tied. Forecast: once again, bull market.

Frivolity Ratio: This ingenious mood-measuring technique rests on the ancient teaching that it is better to practice moderation than to swing to extremes. The nations economy and hence the stock market (so say the theory') will suffer if they go to the other extreme, grow too gloomily practical and fail to have any fun. The forecast has been correct 16 of the past 20 years. The Frivolity Ratio for 1980 based on U.S. Commerce Department figures for money spent in eating and drinking places, as a percentage of money spent on such funless household things as slipcovers and laundry detergent was 37.8.

That is too frivolous. It squares with the Aspirin Count and portends tough times on the Street. Unerringly Accurate Super Bowl Omen: This is the only market- prediction tool that has been unerringly accurate through 14 years of Super Bowl history. It states that when the game is won by a team that traces its origins back to the old National Football League, thel, NYSE index will finish the year higher than it began.X When the game is won by a team having origins in the U.S. aspirin output in 1980 was more than 33 million pounds, a substantial rise from the year before.

That augurs ill for the stock market by the end of 81. Hemline Index: This was developed in 1967 by the late Ralph Rotnem, a brokerage research director. He noticed that when himlines in Paris rose as in the early 20s and early 60s so did the Dow Jones industrial average. When hemlines started to fall, as in the late 20s and late 60s, the Dow soon followed. Rotnems work has been carried on by a disciple, Alan Shaw, first vice president of Smith Barney, Harris Upham one of the bigger brokerage houses.

The Hemline Index gave perplexing and Machinery is a lot bigger as this dragline shows at Wyoming coal operation. But many issues remain the same as American Mining Congress joins for its annual meet, expected to be largest yet. See Page F-4, Column 2 Up, Down Street The 1981 Jaguar. Studio Complex to Open Mine Issues Unchanged The Centro subsidiary is an engineering firm in San Diego that specializes in design, fabrication and installation of professional television facilities and remote production vehicles. Continued From Page F-l Skaggs Telecommunications Service will have its opening celebration for its multimillion dollar studio and office complex at the Salt Lake International Center Monday afternoon and evening.

The building will house the three operating divisions and four subsidiaries of STS. minerals entry by the federal License Sought American Television has applied to the Federal Communications Commission for a license to operate Channel 14 in Salt Lake City. Among the top speakers will be Rep. James McClure, R-Idaho, now a tradition at the convention, and Rep. James Santini, chairman of the Interior Subcommittee of Mines and Mining and just announced candidate for the seat of Sen.

Howard Cannon, -Nev. A new face will be Joseph F. Wright deputy secrtary of commerce. This, of course, includes large chunks of Alaska as well as the American West where, according to the industry, lie some of the nation's best bets for new sources of energy fuels and strategic minerals. youre looking for an automobile of exceptional quality American Home Theatre is a subscription television system which provides first-run movies and other entertainment features to subscribers in metropolitan Salt Lake City and Bountiful.

The divisions are STS Video Production Service, Skaggs Video and Skaggs Communications. Subsidiaries include Centro, American Television of Utah, American Home Theater and U.S. Satellite Corp. STS Video is a state-of-the-art production company which has sound stages, remote vans, advanced editing bays and the only rentable Ampex Video Art system in the country. The eingme is electronically fuel injected, strong, dependable and quick The handling and response are.

characteristically, superb. And the luxury is complete, from the electric sunroof to the rare walnut veneers on the dunh and rich leather seat facings Come, drive this superb blending of art and machine. World-wide recession continues to pale the economies and depress commodities prices. Under the circumstances, the once independent mining companies have become increasingly attractive targets for acqusition by the newly-enriched oil companies. U.S.

Satellite operates a satellite up-link and down-link facility in Salt Lake City, with the capacity to expand to as many as 12 more earth stations. It is a common carrier. BRITISH ITALIAN MOTORS 4731 So. State 262-2683 Attendance has been reckoned as biggest yet for a papered convention of the AMC. The largest by far, however, is the AMCs quadrennial convention in Las Vegas where latest in mining machines and equipment is displayed.

The convention and show will be held again in 1982. More than 32,000 from 50 countries attended the 1978 show in Las Vegas. It is staffed with professional writers, producers, directors, technicians and artisans. Production Offices About 5.000 are expected to attend the general and technical sessions of the Congress in the next three days. EARN Serving All Clients The facility was designed to serve national, international, regional and local clients.

STS is a wholly owned subsidiary of Skaggs Companies a national chain of drug stores. It was formed in the mid-1970s to provide two-way radio services and later expanded into videotape production to serve the internal training needs of the parent company. Emmanuel A. Floor, president of Triad Utah, owner and developer of the International Center, called the STS facility "an exciting addition to the park. The division also includes production departments for commercial production, corporate and industrial training programs and television entertainment programming.

The Skaggs Video division is a television equipment sales company with offices in San Diego, Phoenix, Denver and Salt Lake City. Skaggs Communications provides sales, service and installation of sophisticated two-way radio systems and industrial telephone 1 9.886 Can You Qualify For This Impossible Job? Mars Up On Price Of Candy Effective Yield on 36 Month Certificates ENGINEERS Industrial, Mechanical, ELECTRICAL. Excellent opportunity to work for the Federal Government in the Utah Rockey Mountains. Excel, pay benefits pkg. Call 801-833-2177 or 3172 or send resume to: Civilian Personnel, Tooele Army Depot.

Tooele, Utah 84074. Work 12 hours a day at start, study continuously, be a self starter, keep up, cope. If you're success oriented, send a resume for interview. Choose 6 month FIXED RATE money market certificate, or choose 1, 6 or 36 month VARIABLE RATE certificate. SI ,000 Minimum deposit.

Automatic renewal. Reuter News Agency P.O. BOX B33 Salt Lake ribune An Equal Opportunity Employer NEW YORK and M-Mars has raised the wholesale prices of its candy bars by 3.4 cents due to higher costs. Nominal Rate Sept. 1 5 thru Sept.

21 1 5.907 A spokesman for the privately held company said its last price increase was about years ago and that all of its costs had risen since then. Limited Cash Available to buy good quality existing Trust deeds and contracts. Estate Mortgage Co. 180 East 2100 South 846-4637 APITOL THRIFT AND LOAN CONTINENTAL BANK BUILDING 200 So. Main St.

Suite 1 200 Salt Lake City, Utah Phone 532-6545 Serving Utah's Best Interests Since 1934 "Must be secured by Utah Real Estate. Last year and M-Mars increased the size of its candy bars while keeping prices unchanged. The spokesman said production efficiencies allowed it to hold prices at the time. Artist's rendering shows the Skaggs Telecommunications Service complex that will celebrate its opening at the Salt Lake International Center. and M-Mars makes Snickers, Milky Way, Mars and other candies.

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About The Salt Lake Tribune Archive

Pages Available:
1,964,073
Years Available:
1871-2004