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Show Thurxfcy, July 14 2 - Page THE HERALD. Provo. Utah. 21 USiflGSS Pri (Ml q troleum Exporting Countries' $29 W eaken in 1985, barrel, but the unofficial spot price fell below $28 per barrel because of sharp increase in inventories, the bank said. "This weakness in the spot price reflects the excess supply and sluggish demand characteristic of world oil markets today," the bank report said. Crude oil sales may be especially sluggish this summer because of inventory building in the second quarter of the year. LOS ANGELES (UPIt -Global oil pnces are stypris-ingl- y weak despite threats to the shipment of oil through the Persian Gulf by the Iran-Irawar. Bank of America said Wednesday in its quarterly energy report. The offical price of Saudi light crude, the Organization of Pebenchmark remained at may Sbs, per Collecting Bad Checks Can Be Difficult S H ) 1' t VA t K the oil forecast for 185 is the possibiky of flat or negative economic growth in the United States and Europe. Oil consumption would fall to the !eel of 1884 cr even 183 and if OPEC is unable to keep production in line with demand, spot prices would fall below $28 per barrel. "This scenario continues to be given a probability of 30 percent." the report states the report said, and high interest rates and slowing economic growth in the United States also provide strong arguments for dropping inventory holdings. "Because of this, spot prices for Saudi light should hover aound $28 per barrel during the third quarter and then in the fourth strengthen slightly quarter," the report said The bank said a major risk to i "i il IE! Cf ank Report The bank said also that the use of natural gas has increased with the rises in capital spend- prices in bet im described report said ing and gas consumption and 1835 is still as weak." the But gas pricing is complicated, the bank noted, with through heavy manufacturing But if the economy slows the growth of goods industries will also slow and that along with excess capacity of natural gas could affect gas sales "Thus, the outlook for gas prices varying depending on the source The price of new gas from offshore wells wouP be more expensive than from some other sources and its greater use could cause a a slight rise m 19K4 prices down, o SI N V S BACK TO SCHOOL S j Bad checks are probably Utah difficult busiValley's single-moness problem. There isn't much that can done to collect on a bad check if its writer doesn't want to be found. However, there are a number of things a merchant can do to protect himself from bad checks. "Each business needs to examine its current program for receivables control and search to st wit mmtm mu: subject: mm fim m w? aking the grade is easy with our Bailiwick fall fashion savings "W 1c" improve that program at all times," said David Scott, a debt recovery specialist for 19.99 ' A. V Tran-sworl- d Systems, Inc. Scott added that businessmen should divide that recovery program into internal control and external recovery phases. Utah Valley has a large transient population because Utah Technical College and Brigham Young University draw large numbers of students. Merchants report that many of these students leave the area at the end of the school year without honoring credit agreements or making good on bad checks they have written. ( A S29 Union Bay 's Reg able 100 acrylic or misty wine Henley neck pullover in machine washShow your stripes in winter white, misty chocolate, oatmeal 9 99 a cotton15 Reg. $28 Union Bay 's midwale coiduroy pleated slacks in 85 polyester Sell belled with back flap pocket, in taupe, black, dusty grey, misty B. wine or misty blue "" V 21.60 L Robert Bruce orbn sweaters in the latest tall Reg. $27 save 20 shades including chablis. oxford tan. dark blue. mica. navy, burgundy and C. i.Mt p Scott lists a procedure for businesses attempting to take care of bad checks. 1. Make sure all information on the check is current and current. 2. Get two forms of identification, one of which includes a picture. Make sure both are current. 3. On large purchases (generally anything over $10), check with the bank on which the check is drawn to verify that the funds are available. 4. If the check writer is a student, find out his parents' name, address and telephone number. 5. Post a sign over your cash registers that outlines your check policy AND STICK TO THAT POLICY. Unfortunately, no matter how good your policy, you will have bad checks. When checks are returned, make a call to the maker. If the check isn't paid within 10 days, refer it to a professional collection agency. According to the U.S. Department of Commerce, the longer you wait on a delinquent account, the less likely it is you'll collect your money. Most delinquent accounts should be handled in a standard manner. When a bill or invoice becomes delinquent, send a second bill or invoice to the customer advising him that the account is delinquent. This action should be folg lowed by a telephone call to determine the causes for the delinquency. step-by-ste- chocolate. Sizes 23.40 t D. Reg. S29save 20 Robert Bruce wool blend Shetland crew neck sweaters in nine tall tones including heather shades ot grey, burgundy, tawn. navy and brown, plus camel, plum and jade Sizes Reg. $4 pr. Burlington argyle socks keep pace with all your fall fashions, and Orion' acrywe have them in browns, blues and greys. One size tits all in 75 E. lic25 j vjJp. nI"' V ' " :S"1 1 " stretch nylon. H rn m 1 J fact-findin- collecIf you have an tion system, you should be aware of the laws contained in the Fair Debt & Collection Practices Law of 1978. Utah has adopted this law. The law states: 1. that you can't contact a debtor before 7 a.m. or after 9 a.m. 2. you can't provide third party disclosure. 3. you must provide on written request verification of debt. 4. you have to honor a debtor's request not to call either at home, of business or any other Silace All contact must be done through the mail or an attorney or you must drop the claim. 5. you may not make excessive phone calls. 6. you may not use abusive or profane language. 7. you can't make threats that you don't intend to keep. 8. if you want to cancel a collection, you must do so in writing and the collection agency must return all unpaid accounts within a a reasonable period of time. According to the Federal Trade Commission, a reasonable period of time is 30 days. Merchants should review the law in detail. I Another way to recover an account is to refer it to the local credit bureau and leave it until the debtor applies for credit somewhere else. He will then have to clear up your account before receiving the other credit. I 19.99 1 24.99 Reg. S27 E Joven active corduroy pants with full elastic waist in tan. navy, smoke, teal. blue, light grey, black and amethyst.. l I J v-t- - - 20off i i 11.99 E Joven slacks: save on our entire stock of new for fall styles and fabrications including cords, twills, wool blends Stock your wardrobe in brown, grey. navy, and dark grey, heather brown and heather grey, sizes 28-3- short sleeve km! shirt Reg. S18 Your favorite by Chesterfield in assorted tall shades. 50 cotton50 polyester with knit collar and cults, sizes 17.99 15.99 Reg. 120 Short sleeve Chesterfield knit shins in assorted engineer stripes. Cottonpoly blend with knit collar and cutis in Q Shop 'i by phone: With your ZCMI Option Reg. S25 E Joven active twill pants with full elastic waist in khaki, navy. It. grey. dk. grey, blue and brown; Charge Account Call toll-fre- e 24 hours a day in Salt Sizes Reg. 29.99 Calvin Klein cotton heavy denim; 100 jeans. and lengths 32. 34 and 36. 28-3- 19.99 Reg. S25 Rugger knit long sleeve shirts with knit body and contrasting twill collar. Assorted colors in engineer stripes and the latest fall shades. 12.99 Reg. 21.99 Levi's' famous 501' for a perfect tit. denim jeans, 13.99 Reg. 16.99 E Joven heavyweight denim. Sizes 28-3- Western jeans in Bailiwick (513). Reg. S18 Berkley oxford stripe buttondown collar shirts. Assorted colors in long and short sleeve styles; Lake City. Utah, outside Salt Lake. Western United States. i t |