The Daily Herald from Provo, Utah on April 6, 1975 · Page 31
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The Daily Herald from Provo, Utah · Page 31

Provo, Utah
Issue Date:
Sunday, April 6, 1975
Page 31
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Page 31 article text (OCR)

New Vice President Named by Ad Firm Louis Crandall, president of Western Advertising Agency, this week announced the appointment of Clair F. Rees as vice president of the Provo-based advertising and public relations firm. Prior to accepting his new position with Western Advertising, Mr. Rees was assistant director of public relations for Mountain Fuel Supply Company in Salt Lake City. A graduate of Brigham Young University, Mr. Rees has been active in advertising and public relations work in the Salt Lake are for the past ten years. A resident of Provo, Mr. Rees is also a nationally known magazine author and columnist. More than 500 of his articles have appeared in national magazines, and he now writes regularly as a contributing editor for a number of national outdoor publications. Mr. Rees is married to the former Dixie Innes, also of Provo, and they and their three sons reside in the Edgemont area. "We're highly pleased to have Mr. Rees join our staff of creative specialists," Mr. Crandall said. "His extensive | background as a professional j writer, combined with his wide j experience as an advertising and Taking $tock Ron Barker Herald Business Editor CLAIRF.REES public relations executive, will give Western Advertising even greater ability to serve our growing number of both local and national accounts." Mr. Rees is a member of the Outdoor Writers Association of America, Inc., (a professional organization of writers and photographers), and has been a member and past president of the Intermountain Business Communicators Association. Provo Gold Strike Store Will Close This Month The Gold Strike Stamp Company will close its Provo store at 120 N. University Ave. as of April 26, it was announced Saturday by Mrs. Bernetta Camp, manager. Reason for the planned closing, {Mrs. Camp said, is that the Provo operation is no longer ically feasible — a trend in many other areas also. Mrs. Camp, who has been ;er for 18 years — from the store first opened here 195 W. 300 S. - said stamp ivers may redeem them up to dl 26. After that the stamps be mailed to the Salt Lake ire at an address to be iced later. The Provo store was the third Utah established by the Gold trike Stamp Company, following Salt Lake and Ogden. company was purchased last ovember by the remium-Carlson Inc. of nnea polls. Mrs. Camp, well-known in j.,—lurch and civic circles, left the jjtfnanagement "of a ladies' ready-to-wear store to manage new stamp store when it was in 1957. From a humble (ginning the store's operation rived, requiring a dozen BERNETTA CAMP employees at its height. Mrs. Camp has been a PTA president, stake Sunday School board member, and leader in Primary and YWMIA organizations. She is the wife of A. Virgil Camp. Their four children all graduated from Brigham Young University and won many honors. It is becoming increasingly obvious that one of the thrusts of this Congress has been directed against business and toward strict federal control in virtually ail aspects of economic life. It's a trend that businessmen need to be aware of, if they are to mount a meaningful opposition. Recently, Utah's freshman senator, Republican Jake Garn, reoorted to local bankers that a movement is underway in the U.S. Senate to give Congress control 1 over the Federal Reserve, as well as power to allocate credit for lending in various parts of the country. Those in financial institutions are vigorously opposed to such moves, which would essentially do away with a free market system. The power to control credit is the power to determine business activity. It would submit virtually everyone seeking any type of financial credit — from buying a home to getting a loan uii a business — to a federal bureaucracy. Instead of depending on the local banker, the loan applicant would ultimately to dependent upon decisions made in Washington as to how much money a given region of the country would be allowed to loan, and for what purposes. For the record, Sen. Garn, who sits on the Senate Banking Committee, said he'd oppose it all the way. Another potential threat is the Environmental Protection Agency, which originally set out to do a very necessary job. help us protect our environment. Unfortunately, it has now become, at leist in part, an agency that plans how various segments of the country may grow. The population of certain regions appears to be of concern to the EPA, and the agency wields a considerable amount of pressure in enforcing its will. How does this work? In a recent edition of Industry Week, the magazine pointed out that big industry is virtually at the mercy of the EPA because of areas the federal agency has set aside for various types of air pollution controls. Some areas of the nation are "too clean" for industry to move in, and some are "too dirty," according to EPA guidelines. Exactly how much land that leaves open for industrial development — and where that land is located in relation to labor pools, resources, transportation and other necessities — is uncertain. An EPA official was quoted as saying that even a plant that would meet very stringent new source performance standards for emissions control could be prevented from being constructed — either because it would cause a violation of an ambient air standard or because it would degrade pure air. Of some concern locally is an indication from the EPA that Provo may have to justify its own growth, industrial as welfas residential, in terms of ability to meet clean air and clean water standards. In short, a federal agency is in the business of indirectly determining the future growth of individual communities. It is of importance to everyone that our local environment be kept as desirable as possible, but it is also a fact that our population is growing at over five per cent annually. New jobs must be found for the new residents, or some form of control will have to be established preventing people from moving to Utah County. Maybe that is what the EPA has in mind. Some may argue that such a move wouldn't be a bad idea, but the constitutionality of such procedures should real concern to everyone. County Man Distributes Equi-Flow Dehydrator Building Reported In Orem Orem City issued 92 building permits during March with a total valuation of just under $2.9 million, down slightly from the 98 permits issued a year ago during the same month. Total valuation also had dropped from the previous year when it was $3,527,700. Permits were issued for 36 single-family residences during March this year, down from 46 the previous year. Seven permits were issued for new commercial construction this year, up from five last year. However, total valuation of the commercial construction dropped from $2,144,000 to $670,000. Much of the difference was a permit, issued in March 1974, for nearly $2 million for a motel. The March total was the smallest number of permits issued during the month for at least three years. The 1973 total was 125 permits, and in 1972 it was 100 permits. Total valuation for permits in the city also dropped slightly in January and February this year when compared with last year's figures. Pinegar Named To Geneva Executive Post James J. Pinegar of Orem has been named assistant to superintendent in the production planning department at Geneva Works, it was announced by A. E. Lawrence, superintendent of production planning. The appointment was effective this month. Mr. Pinegar is a graduate of Brigham Young University with a degree in physics and math. He started his career at Geneva in 1950 in the industrial engineering division where he held various positions including supervisor - cost reduction and systems engineering and division industrial engineer. In 1972 he was named general supervisor staff and services, the position he held until his present appointment. BYU Professor Honored By Engineering Society Dr. Dell K. Allen, associate professor and program upervisor of Manufacturing Technology at BYU, has been lawarded the Education Award of Ithe Society of Manufacturing lEligineers. I The award will be presented to •Dr. Allen and seven other award •winners Monday at the start of Ithe SME exposition and •engineering conference. The Imeeting is being held in Detroit, I Mich. Condominiums Subject of Special Class The Ogden chapter of the Society of Real Estate I Appraisers is sponsoring a Condominium Seminar to be held at the Student Union Building Little Theatre. Weber State College, on May 10,. The seminar is billed as an "Intensive Condominium Course" and will feature 270 slides that have been presented in more than 30 cities. It is designed to assist the builder, realtor, lender, investor and appraiser in analyzing the numerous economic factors affecting condomium valuas The instructor, Gregory Opelka, is the executive vice-president o{ Fajrfield Savings and Loan Association, located in the Chicago area, and the appriaisal consultant for the League of Savings Associations. He has lectured from coast to coast to many real estate organizations, the National Association of Home Builders, the Mortgage Bankers of America, the American Savings and Loan Institute and various boards of Realtors. Those who are interested in attending should notify William S. Heitz, Ogden First Federal Savings & Loan Association, P. 0. Box 830, Ogden, Utah. William S.HeiU Dr. Allen developed the curriculum now in use at BYU in Manufacturing Technology, the first such baccalaureate level program approved by the Engineers Council for Professional Development. He has done considerable research in the field and wrote his doctoral dissertation on the subject. His curriculum materials and course outlines are considered valuable guidelines by U.S. and overseas educational institutions which are developing similar programs, according to the SME. Another project in progress under Dr. Allen's direction is a computer-aided manufacturing laboratory involving resources of education, industry and government. In addition to his research and numerous writings at BYU, Dr. Allen teaches senior and graduate courses in manufacturing engineering, computer-aided manufacturing and metal removal. He is a graduate of USU and BYU, receiving a doctorate from Utah State in 1973. The new distributor of the Equi-Flow Dehydrator, Douglas R. Little, of Lindon, has announced that the appliance will be demonstrated at the General Nutrition Center in the University Mall Monday from noon until 7 p.m. According to Mr. Little, the device is a revolutionary step forward in fruit and food dehydrators. It was developed by Jack Jenkins of Seattle, Wash. The Equip-Flow system uses Jower temperatures, is able to retain color and nutritional value, cuts cost and time, and enables flavor to be retained better than other types of systems, claims Mr. Little. It is smaller in size, and vents the heat out the front and sides rather than the top of the dehydratpr. All of the tray can be used, and several items can be done at the same time. There is a. thermostat and micro switch which serves as a safety factor. Utah County's Mobile Home Dealer's Association *&} 2nd Annual Mobile Show*£ f. RECREATIONAL VEHICIES April 11, 12, 13 All new for 1975 ... Over $500,000.00 display of homes in Utah's largest mobile home show. "K" The latest in ultra modern accessories & conveniences T* Daily show specials K 21 major manufacturers lines represented 'WT Single wides, expendables, double wides. Everything that's new for 1975 « Utah county dealers offer free set up & delivery anywhere. FT ProfessiorKilly decorated homes, by some of USA's leading decorators K Financing information, construction data all your questions answered wT Show coincides with M'oonlight Madness Sale Why travel from city to city & dealer to dealer. See all the 1975's in one placp Manufacturers will be'on hand to answer questions. It's a tact . . . Utah County Mobile home dealers sell their homes for less. DON'T MISS OUT Friday, Saturday, Sunday 10 A.M. to 9 P.M. (Sunday 6 P.M.) Sears Roebuck concorse, Provo SAVE THOUSANDS OF DOLLARS Sunday, April 6. 1975, THE HERALD, Provo, "Utah-Page 31 Business News Bonuses Major Factor In Executive Rewards NEW YORK (UPI) - In the 18th and early 19th centuries the British Admiralty figured the way to win wars on the seas was to award prize money to officers and crews for captured vessels. The admirals and commodores got the biggest shares of the prize money even though they took the least risk in battle. Captains fared well too and the prize Land Use Receives Support Support for land use legislation that "recognizes rights of property owners and local governmental bodies" was voiced recently by Art S. Leitch, president of the National Association of Realtors. The San Diego Realtor urged Congress, now considering land use bills, to "place equal weight on social and economic factors, such as accessibility of housing, the need for jobs, maintenance of a desirable standard of living and the future growth and development needs of the nation." He continued, "We recognize and support the need for better land use planning. And, we encourage the federal government to make financial and technical assistance available to states and communities that want to develop a land use plannning process. "At the same time, we urge that legislation now being considered — and any in the future — avoid any suggestion of federal dictation of state and local land use decisions. This also includes indirect controls through federal monetary 'incentives, 1 " Leitch added. money distribution went all the way down to ordinary seamen. A study just completed by the American Management Association indicates American industry is adopting the same philosophy: the way to win battles for markets is to pay executives handsome bonuses for increased sales. "The number of companies paying such bonuses increased steadily over the past decade," says James Engel, an AMA vice president. "And once companies install a bonus plan, they seldom switch back to straight salary," he said. He also noted, like the British Admiralty's system of 200 years ago, the modern American bonus system pays the biggest rewards to those highest on the ladder of rank. Bonuses played a leading role, he said, in raising executive compensation in the United States to the highest level in history last year despite the onslaught of the recession. Based on reports from 29,819 executives in 3,257 companies in the United Sates and Canada, the AMA found executive compensation grew by 10.2 per cent last year and the average annual executive pay, including bonuses, was $63,000. The largest gains in executive pay were in the durable goods industries, an average 11.6 per cent, and things were even rosier in some durable goods businesses. Executive pay jumped 14.8 per cent in machinery companies for example. In most nondurable goods industries, executive compensation increased around 9.8 per cent last year but pay in the finance and insurance businesses went up only 9.4 per cent and the harassed public utilities raised bosses' pay an average of only 7.3 per cent. As a rule, compensation went up faster in big companies than in smaller businesses. In durable goods companies, executive pay was up as much as 12.7 per cent for companies with sales over $500 million, for example. There was one somewhat surprising exception. Executive pay went up more —10.3 per cent —in smaller oil companies than in the giant petroleum corporations in spite of the big companies' 53 per cent average profit surge. Executive pay in the big oil firms went up only 9.4 percent. INDIVIDUAL RETIREMENT ACCOUNTS (IRA) HARRY IN. RISING JR. 35 NO. UNIV., PROVO 374-6502 TAX FREE SAVINGS HOW AVAILABLE AT cost the central bonk &tru/t 375-1000 Ext. 58 the SOLID SOLIDS. The Arrows that are shirts to be reckoned with. Real solid! In design, cut, styling in excellent taste. They're the subtle solid tones that flatter the most: new dusty slate, Khaki, paprika and cactus. With Burma collar, long or short sleeves. In cool 65% polyester/35% cotton broadcloth, solidly practical on washday, too. $9.00 KENT by 16 WEST CENTER * PROVO

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