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Show The National Enterprise , Feburary 16, 1977 Page three Strengthening RV Industry Boosts Hydro Flames Sales dividends by Dean Alsup Enterprise Staff Writer Pay N Save Corp. (OTC 25.625, 26.125) raises quarterly dividend to 12.5 cents per share from 10 cents, payable March 15, to shareholders of record Feb. 23. George Jackson's conduct is hardly typical of behavior expected of the president of a growing and He aggressive company. somelikes to vacation times for several months at a time, Jackson is the president Utah Bancorporatlon (OTC 18.00, 19.00) raises quarterly dividend to 25 cents a share from 20 cents, payable March 21, to stockholders of record March 1. of Hydro Flame, Inc., (OTC 1.75, 2.25) a Salt Lake City manufacturer and wholesaler of recreational vehicle space Midnite Mines, Inc. (OTC 6.50, 6.75) 15 cents a share, payable March 10, to shareholders of record Feb. 21. heaters and furnaces. During the fall and winter of 1975 and 1976, Jackson and his wife Peggy traveled throughout the western U.S. in their mobile home. Ironically, the Jacksons' vacation resulted in 23 new heater contracts with 23 separate recreational vehicle manufacturers. Jackson claims he JUST PUBLISHED INVESTING IN THE GREAT NORTHWEST." ... FOR THE FIRST TIME. A NOW DEFINITIVE BOOK THAT ANALYZES EXCITING INVESTMENT OPPORTUNITIES IN THE DYNAMIC, RESOURCE-RICSEVEN STATE REGION OF THE PACIFIC NORTHWEST (INCLUDING ALASKA). personally wrested those H ABOUT THE AUTHORS. contracts from RV manufacturers that were buying heaters and furnaces from INVESTING IN THE GREAT NORTHWEST' region. Jackson's forte is obviously sales. He believes in the touch it. smell it, feel it," technique and his attitudes are apparently fanning out to his sales staff. Hydro Flames sales increased 68 HANNON P. PMTT I Editor of NorthwMt bivMtmont RbHmv sntf NorthwMl Modi Guide, eyndtceldd o i nBnnWVSI RIVMKSig mopilod npol on sns coiporf In com- competing panies. Sales Soar 68 Percent Discusses over 200 public companies With over 2 billion shares of stock Over $30 billion annual sales "Paying over $1 billion annual dividends and Interest vQHVVWnSI SH heater is a new approach to investment guidance, bringing together In 320 entertaining and readable pages Information India pensible to any businessman Interested in this n. Ha haMa a doaamo from Mono IMvonMy, lo o Chartarad FlnancM Anolyol and a CartNlad FkiancW Pknnar, and Ion moity woo dlradar ol Mia Inwatmont Analyala Cantor al Portland llala U. Amoalunuatialboofc. A trail btaafclngaWort wWiImpartilaiatartallBr wed ee eneieuf Ineeelorei Mwt Lend teonomlc BopMeHceiM auar, Tha ONE SON IAN. n "Tha aulhofaaaa many raaaonaarhy tha Norttwaatahoiadeonllnualo baa aoundandgtoartng loglon tor bivaabnant binda. Tbava'ano laaaon to dlaagraa." Dan Coughlin, SaaMa. $9.95 Hard Cover ORDER TODAY $6.95 Soft Cover AVAILABLE AT MOST BOOK STORES OR ORDER FROM: Willsnwtts Msnsgsmsnt Assoclatos, Inc. 220 S. W. Aid or StrMt Port! and, OR 97204 Plsass sand mo eopios of "INVESTING I IN THE GREAT NORTHWEST: hard covar 99.95 plua 50 mailing aach. In soft covar 96.95 plus 50c mailing aach. Nama Addtwsa I In LAWRENCE A. ROSS la a nattmiy-knoaaocurity analyal and financial tor a ntanbar at yaaro Ho la a mambar at tha Danaar Saclaly of Socurtty Analyala and hot had SO yaara oapart-anc- a bi tha Invaatinant bualnaaa. Roaa la author ol tha baoh, "InmaUng bi Low Rlib Qrowth Conpanlaa. Stata CRy IF I I Zip NOT SATISFIED. RETURN BOOK WITHIN 30 DAYS FOR A REFUND I percent in 1976 while national RV sales improved only 61 percent. HFI sales are not likely to slacken, Jackson says, as long as the RV industry is So strong is his healthy. confidence in the buying public that he claims nothing short of gasoline rationing could adversely impact the RV industry. RV buyers arc genuine travel enthusiasts, he said, "and they rate travel and recreation on a very high priority level. RV sales are not likely to drop as long as at gasoline is available any price." Vehicle Industrial Association, Chantilly, Va.. says RV sales are Better 'n ever." Almost all of RVlAs 275 reporting members say their sales increased in 1976. According to data compiled by the RVIA, many companies doubled and even tripled sales in 1976. Only during the gas rationing period in late 1973 and 1974 did sales fall off. In fact in 1974, RV sales dropped approximately 40 per- cent (from S2.32 billion in 1973 to $1.39 billion in 1974). Sales rebounded again in 1975, however, to $2.3 billion and jumped again in 1976 to $3.7 billion, a spokesman for the RVIA said. Retirees Flood the Market The RVIA attributes the sales increase to the number of retirees selling their homes to live and travel aboard recreational vehicles, and the higher base price for d sedans and station wagons. The average price full-size- e motor of small homes in 1976 was $8,300, only slightly more expensive than the price of a $7,000 van-typ- sedan or a full-size- d U.S. station wagon selling for about $6,100. Based on comparative sales data like that, Jacksons prediction for even higher sales in 1977 appear well founded. Jackson has just returned from another trip. This time, he's been to Palm Springs, Calif, for the RVIA annual meeting. Again, with business combining pleasure, he's vacationed his I I I I I I I I I I I I With over 1600 stock quotations, news articles, earnings reports, corporate profiles, market columns and feature stories, the National Enterprise covers the OTC securities market from coast to coast. behind closed doors of corporate board rooms to changing securities laws and regulations. We'll keep you posted on the latest developments and abreast of current trends. industry--fro- m The National Enterprise gives your investments the kind of coverage they deserve. Please send me a one-ye- ar subscription to the National Enterprise. Enclosed is $24.00. NAME ADDRESS I CITY STATE ZIP market trends and government intervention into the RV business. Confirming Jackson's theory, the Recreational r We make it our business to know what's going on in the way "into the know" about Mail to: THE NATIONAL ENTERPRISE P.O. BOX 11778 SALT LAKE CITY, UTAH 84147 I I I I I I I I I I I I Police Themselves Jackson claims the RV industry has escaped government's reach by creating regulatory bodies within the industry to handle necessary police" duties. Agencies like GAMA (Gas Appliance Manufacturing Association), AMA (American Gas Association), and ANSI (American National Standards Insti- tute), set standards for the business. RV agencies, and the These volun- RV requirements they tary" establish, are one reason why the RV industry is able to steadily increase revenues, Jackson said. A vast amount of time and money has been devoted to these regulatory bodies," he surmised. Thats the price the industry is willing to pay to keep the government out. Those in the RV business know how the government can hurt production by imposing all sorts of rules. We, or course, would prefer to make our own rules and as long as the government approves of what were doing, we'll do just fine." HFI is now preparing to market a new heater for RV's. Jackson said the companys new Warm and Wonderful furnace has met and surpassed industry testing requirements. Always optimistic. Jack-so- n said the heater will do nothing less than revolutionize the RV heater market." With solid state ignition, no pilot light, and six new contracting RV dealerships, (Jackson said he stole the six contracts from under the noses of his competitors), the heater simply has no peers." Hy-Ga-in to Acquire Private Firm LINCOLN, Neb. Electronics Corp. (OTC 8.75, 9.25) has agreed to acquire Darco Inc., a privately held communications equipment maker for conHy-Ga- in vertible preferred stock worth $3.4 million. Darco makes automatic meter reading systems and energy management and control equipment, among other things. n said last week that while Darco has been a Hy-Gai- development company" and has not yet been profitn will move able, quickly to make and market Darco systems. Hy-Gai- |