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Show GC net continues climb A 42 percent gain in net earnings on seven percent higher sales was reported by Grand Central Inc. in its nine month report last week. For the third quarter, ended April 30, the company posted a 43 percent increase in earnings on a 12 percent boost in sales. President Don Mackey said revenues for the 39 week period totaled $129,773,107 compared to $121,108,332 a year ago. Net income increased to $3,853,147, or $1.66 a share, from the $2,719,043 or $1.15 per share for the comparable period of 1977. Sales for the third quarter were $37,643,468, up 12 percent over the $33,619,597 reported last year. Third quarter earnings totaled $1,014,738 compared to $708,553 during 1977. Per share, net income amounted to 46 cents, versus 30 cents a year ago. Mackey said a three cent per share increase in earnings for the 39 weeks resulted from the companys purchase of 200,000 shares of its own common stock last spring. STATES WESTERN SUPPLY AND LIGHTING If your bank will lend you money for new equipment, so will we. But chances are well lend you more, and for a longer term. Thats our business 2730 2700 WEST.SALT LAKE CITY, UTAH. (801)072-6- 0 62 I Special Introductory offer for month of -- buying commercial and industrial equipment for your business! Our rates are competitive. We bid successfully against some of the largest banks and leasing companies in the country every day. SOUTH s s i s At LEASERITE, we specialize in structuring leases to fit your companys current financial condition and equipment needs. Save $ On Energy Thats why satisfied clients arc making LEASERITE one Consumption of the fastest growing So if companies in the West. your company needs ENERGY SAVING BALLASTS mini-compute- to front-en-d you tic up rs ioaders-befo- re e 6,000 HOUR LAMP LIFE SAVES UPT0 8 TIMES THE your operating capital, telephone us. LABOR COST OF LAMP LEASERITE i i Financial Services 68 South 300 West Salt Lake City, Utah 84101 (801) 363-388- 1 snvmG GflERGY cquipmcnt-fro- m REPLACEMENT o RUGGEDIZED CONSTRUCTION SPECIAL SURGE-PROOFILAMENT F TUBES FLUORESCEflT KRYPTOn LIGHT BULBS all Vs |