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Show Enterprise Review Page 3b Tenants Search for New Locations The three tenants of the Capitol Theatre will have to move elsewhere to do business when and if the building is converted into a dance theatre. We have not yet been notified by the Redevelopment Agency of its plans, but we are looking for a new place, said business, he continued. He added the new ZCMI location of PIP is not a replacement for the Capitol Theatre location. In fact, they have developed a clientele of their own, he said. Blackburn said his clients come from the high-ris- e office buildings immediately Fred Blackburn, manager of surrounding his office. Postal Instant Press. Others We need a place just a few O.C. Tanner Representative steps away, because this is Lowell Benson said he has where we have develoned our Customers Urged, Insulate Now been looking for a new place for the Capitol Theatre store for some time. He thinks he Mountain Fuel Supply Comhas come close to finding a last week announced a suitable one. We are hoping pany program to help customers stay downtown, he said. redure heating bills and conDave Sharp of Film Service serve natural gas by installing Corp., who has been booking attic insulation in their homes. films for the Theatre has made Called IN, meaning Insuno plans to replace the revelate Now, the program innue from the operation. We cludes a group of participating are neither relocating nor approved insulation contracreplacing our business there, tors who will do the actual he said. insulating in customers attics Mountain Fuel will allow customers to add the cost of the insulation to their monthly gas bills over a period of 18 months with no downpayment Interest will be charged at 1 percent per month on the unpaid balance, wh ich equals 12.68 percent per year. The interest charges will pay for the cost of borrowing money and other costs of administering the program. Mountain Fuel will not make any profit on the program. Studies show the average insulation job will be between $150 and $350, depending on the size of home and amount of insulation installed. Robert Larsen, Director of Consumer Affairs at Mountain Fuel Supply Company, said it VENTURE CAPITAL FINANCING AVAILABLE 7(iouanch, to JLLon Call (801) 533 - 0666 I can shelter your income from taxes. tf N. JASON ROUNDY ESTATE PLANNING, INC. contractors inspect the customer's home. The customer will receive a written bid for blown-i- n attic insulation. In order to participate, the customer must agree that the new insulation and existing insulation will equal at least a which resistant factor of is approximately six inches of insulation. (The R refers to R-1- 9, the heat-los- s factor-t- he higher the R rating, the lower the heat loss.) Mountain Fuel studies indicate that 80 percent of homes in the companys service area have insulation less than the R-1- 9 level. Attic insulation is the best and most effective way to reduce heat loss, and that is why we have entered into this program. It is one of many ways to protect the home from energy loss, and is also very effective in keeping a home cooler in the summertime, he added. When a customer signs a contract with one of the contractors, he has the usual three days required by law during which he can cancel the is obvious that all 310,000 contract. Mountain Fuel customers Upon completion of the job, in cannot participate the pro- an attic insulation verification gram at the same time, card will be stapled to the roof because the potential work rafter near the access hole, load would swamp the con- and an additional guarantee tractors and dry-u- p the supply and verification certificate will be left with the customer. of insulation. We have to stagger the These would be valuable if the program, so we can handle the house were sold to a new requests in an orderly owner. fashion, Larsen said. DurThe program is limited to ing one of the next few months our customers will receive a Mountain Fuel customers, Join-Ifolder with their single homes and duplexes, and is subject to credit apmonthly bill. The folder contains a coupon, and filling out proval, based only on the this coupon is the only way a customers credit history with Mountain Fuel. customer can initiate particiLarsen said Mountain Fuel pation in the program. Upon receipt of the coupon, offices have booklets on insuMountain Fuel will make lation, including one on do it arrangements to have one of yourself, all of which are free the participating, independent of charge. N Option Market News by Warren M. Ketcham , Ph.l). Vince, Lnnpheinrich & Greer Sheltered income through investment programs tax deferred Many men and women spend 99 of their waking hours generating income and less than 1 of their time planning how to protect it from taxes. When did you last update your will, consider a trust, or do other tax' planning? We specialize in sheltering your income through tax deferred investment programs. We also make recommendations on the use of living trusts and the elimination of probate, coordinating the preparation of legal documents with the attorney. FOR APPOINTMENT CALL 532-181- m l!9 7 a li ST 900 S(HTH. The stock market appears to be laboring a bit. Thursday the Dow Jones Industrial Average fell over 15 points. It was. down sharply Friday morning. Option premiums have also begun to decline. This indicates that investors are becoming less bullish. A sound strategy continues to be to take profits in options that have run iip smartly. Options that appear most attractive to buy, at the present time, are the six to nine month options of the gold stocks. Time spreads may well prove profitable now. A time spread is where the options have the same strike price but different expiration months. Lets take an example to illustrate. Polaroid is trading at $39.00. Let us sell the Polaroid April 40 call at $3.00 and buy the July 40 at $5.00 for a $2.00 spread. If Polaroid is at 39 on April 17th, when the April option expires, the April 40 will be worthless and the Polaroid July 40 should be worth around 4. If that is the case, you would have a profit of $2.00 (before commissions) on a $2.00 investment, or 100 percent in seven weeks. If the stock runs up or drops sharply, you could lose on this type of spread. However, considering the market conditions and d the time element, the ratio is now on the reward side. risk-rewar- S LT LAKE CITY. VTAII S4102 |