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Newspaper
Preston Citizen
Location
Preston, Idaho, United States of America
Date
Dec 26, 1968
Page
1
Babson Report notes inflation roars across the 1968-69 period with Nixon advisers facing a tightrope act. 1969 expected to show GNP near 7 percent gain, strong first half followed by slower growth, inflation pressures, higher stock markets, and cautious optimism for sectors including farm equipment and chemicals amid costly credit.
The article contrasts high inflation with investment options, noting a shift toward high quality bonds and tax exempt issues. It discusses Babson's Reports guidance on income funds, convertibles, and the impact of the 1969 political and economic outlook on markets. It also reports local cost of living rises from 1964 to 1968 and rising average net income, followed by New Year’s Eve events in Franklin and Oneida counties.
Jack Bankson, formerly of Sacramento, named assistant general manager and general sales manager for KVI Radio in Seattle Tacoma. He has 19 years in broadcasting and previously worked at KPST and McClatchy stations. Bankson attended school in Sacramento, served in the California National Guard, and lives in Bellevue with wife Barbara and three children Ford 18 Arthur 14 and Rea 17.
Idaho law enforcement urges reinspection of all Idaho registered vehicles within 12 months of the prior check. Sheriff notes stickers show when inspected and urges another inspection during the month of the original check. Investigations progress on an interstate highway from McCammon to the Wyoming border via Soda Springs and Montpelier.
First Secure reports 1988 January through November permits totaling 277 250 in Preston and 220 500 in Soda Springs versus 402 500 and 2 036 352 year earlier. Preston had 32 permits seven residential with 130 500 new residential and 102 150 new nonresidential. repairs 44 600. Soda Springs had 28 permits five dwelling units and 75 700 spent.
Sgt Ladon W. Turner son of Mrs Milo Ransom Pres ton is with the 780th Radar Squadron Fortuna Air Force Station Mont. His unit earned the U S Air Force Outstanding Unit Award. Turner a radio repair man will wear the distinctive service ribbon to signal his affiliation. His wife Arlene is daughter of Mr and Mrs A Vern Hinckley of Fairview.
The assessor notes that Fanho law requires licenses to be purchased before December 1 each year but allows the commissioner to grant a grace period for good cause. It cites 1968 five year reflectorized plates and says validation tags may replace new plates. It stresses owners must present current registration forms when applying for renewals or validation stickers.
The Cache Valley Cutter Association will host the Rocky Mountain Association of Montpelier on December 28 at Little Santa Anita west of Preston. Favorites emerge after two weeks of racing with Harold Westover Blane Schwaneveldt Ray Talbot and Boyd Weeks undefeated. The next league race day is January 4 after the Downey New Year meet.
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