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Newspaper
Vernal Express
Location
Vernal, Utah, United States of America
Date
Jul 28, 1977
Page
2
The Vernal Express weekly edition lists editor Dorothy Peltier and publisher Jack Wallis. It includes office address 54 No Vernal Ave, Vernal 84078, Utah, and phone 789-3511 with subscriptions at 6 dollars per year in advance for in state.
The AFL-CIO push to raise the federal minimum to 3.31 by January faces a statistical critique. Experts warn the large increase would worsen teen unemployment, with 1.65 million teens already out of work and studies suggesting 600,000 to 750,000 additional youth could lose jobs.
The First Security Bank newsletter reports optimistic Utah prospects in 1977. It cites a 13 percent rise in statewide personal income in 1976, unemployment at 5.5 percent midyear, 4.7 percent above last year in non agricultural jobs, and strong construction, energy and consumer credit demand. Inflation is expected near 6 percent in the third quarter while energy prices may rise under decontrol to relieve shortages.
A buyer in Michigan faced a lien from an unpaid assessment that dated before purchase. The error in public records prevented early discovery, but owner’s title insurance covered the claim, and the title was cleared. The article urges learning about real estate purchases and offers information from the American Land Title Association.
The article explains the price earnings ratio as price per share divided by earnings per share over the latest two months, and extends it to market indices. It discusses how P E reflects relative value, historical trends, and potential undervaluation or overvaluation, with examples and guidance from Hobson's Research Department recommending Great Western Financial and Medusa Corp as buy ideas at low P E levels.
A column argues against unionizing armed forces and warns against proposed congressional actions. TROA criticizes Senate and House subcommittees for plans that would deny retired pay to civil service entrants, phase out commissary subsidies, and civilianize nonappropriated fund posts. Such moves, the author says, threaten esprit de corps and long standing military promises.
A reader submits a public forum letter praising July 24 parade floats and criticizing the judging process. The writer urges judges with float experience and notes the effort involved, though the author signs as withheld.
The Supercalifragilistic Sewing Bees met July 21 at Tralynne Huppe's home. Sharalyn Slaugh called the meeting to order, Dena Moon led the pledge, Vickie Snow offered the prayer, and minutes were read and approved.
Sally Moore, as part of the Resources Development Internship Program in Boulder, will intern with the Bureau of Land Management to inventory Vernal district roads. She will record miles, condition, and use, producing a comprehensive district road map. The program places 200 interns across 13 western states for community service projects and broader regional development goals.
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