The Dean Phipps Store building, 123 S. First St., Lehighton, was completely gutted by fire late this morning. Damage is expected to run into many thousands of dollars. The three-story brick structure is owned by Attorney Albert Prutzman. The lawyer, whose office is on the second floor, lost his entirle legal library to the fire. The blaze, discovered by George Reich, manager of the store, is believed to have originated in the basement.