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Show the 4 - H .ENTERPRISE I I Sweetwater Time Share Ownership announces a new addition . . Red ink mars report i Gulf Energy Corporations earnings tumbled further during this years third quarter . than they did a year ago, according to the companys re- cently issued report. Third quarter earnings actually amounted to a loss of $62,050 compared to last years comparable period loss . of $47,910. marginal net income SWEETWATER AT LAKE POWELL! of $3,099. Revenues for the third quarter increased 465 percent over the third quarter of 1976, however, from $35,718 to $198,821. For the nine months, the company showed a 315 percent increase in revenues, from $150,180 to Now you can own your houseboat vacations. Sweetwater has just added breathtaking Lake Powell to its popular Time Share Ownership vacation program. Thats good news because now you can enjoy ownership in luxurious houseboats at Lake Powell. At an amazingly affordable price. If youd like to hear more about this incredibly successful vacation ownership program (and all about Lake Powell!), just come into Sweetwater's offices at the McCune Mansion. Or call for an appointment. See below for details. Receive a Free $20 Gift Certificate to any ZCMI Store! $623,507. IP. For the nine months Gulf announced a net loss of r:- $47,328 in the latest fiscal - year compared to the first nine months of 1976 when the exploration firm reported Gulf blamed the UMWs coal strike for the poor showing, and added it expects to report a profit for the fiscal year ending April 30, 1978. Time Share Ownership Utah's leader in resort time sharing! Moly begins exploration Moly Minerals Inc. launched a 10 hole drilling program for molybdenum last week on its Cherry Creek leases in Juab County, Utah, according to company president Cecil A. Fitch. The leases cover 4,000 acres, he said. Moly Minerals plans to 10 drill shallow holes, ranging in depth of 200-30- 0 feet, to test geophysical anomolies under gravels bordering the West Tintic mining district, Fitch said. Once the results are analyzed, the firm plans to drill a series of deep holes (1,000 feet) offsetting a molybdenum show encountered in previous drilling. Fitch said this mineralization occurs in a quartz monzanite prophyry which magnetic testing results indicate extends under Cherry Creek Valley. E.J. Longyear company is doing the contract drilling. McCune Mansion 200 North Main Salt Lake Right now Sweetwater is offering a $20 gift certificate, good ZCMI store, just for listening to our exciting Time Share story. Offer expires June 30, 1978. at any Persons under 21, students, unemployed, present Sweetwater owners, or previous participants in any Sweetwater promotion are ineligible. If married, you must attend the presentation with your spouse. (One must be employed.) You (and your spouse, if married) must hear the complete presentation to qualify for gift certificate. Some programs are sold by prospectus to Utah residents only. 363-360- 0 BUSINESS RHOTOGRARHS mm r Moly Minerals has also eat ure while- volFwai optioned mining claims and state leases adjoining its property from Aries Uranium Inc. and Taurus Minerals Inc. xml! gP'40 Moly Minerals is a publicly held company, underwritten last fall for $150,000. Its shares are still trading intrastate. Tourist industry no small change An ad campaign for the $144 Million Dollar Man was launched in Salt Lake media last week, pointing up the importance of the tourist industry to valley residents. The Salt Lake Valley Convention & Visitors Bureau is sponsoring the three month campaign to hopefully instill a little courtesy in area residents towards the hundreds Faulty valves spark lawsuit i .1 t, I 1 ' J Salt Lake based Medical Corporation Development claims it has been injured to the tune of over $1 12,000, and is asking the Third District Court to agree. The medical equipment manufacturer last week filed suit against Ohio based Ver-na- y Laboratories, asking for $112,712.57 in damages resulting from a faulty valve. According to the complaint Vernay manufactures a duck bill valve used in the assembly of Medical Developments products. Medical Development ordered 50,000 valves and later found them defcc- tive. Medical Development is charging Vernay with negligent design and manufacture as well as a breach of both implied and express warranties. The Salt Lake medical device manufacturer claims the faulty product resulted in lost sales and costs associated with recalling the t f . .4 of tourists who visit the hive state each year. Bee- In 1977, the tourist industry accounted for $33 million in lodging, $39 million in food, $36 million in transportation, $25 million in retail sales, $7 million in entertainment and $4 million for in services. The visitor also paid $8 million in taxes. 06 rreiitqy Sirens Sian imu5 ticUfa |