| OCR Text |
Show Page - THE HLKALD, Provo. L'lah. 26 Sunday. September 9, 1984 Business & People Trends U.S. Steel U. S. Steel Corporation earned a profit of $140 million or $1 04 per common share, on sales of i 9 billion in the second quarter of 1984, according to board chairman David M. Roderick. This compares with a loss of $112 million, or $1.25 per common share, on sales of $4.4 billion in the second quarter of 1983. Operating income totaled $472 million in the second quarter of 1984, an increase of $306 million over the comparable period last year. All segments showed an improvement over the same quarter last year. Financial results for the second quarter of 1984 included $27 million (net of income tax) of extraordinary gain related to the early repurchase of debt. Steel and related resources ge- nerated operating income of $84 million on $1.8 billion of sales in the second quarter of 1984, compared with a loss of $130 million on sales of $1.5 billion in the second quarter of 1983. "Second quarter operating results for steel and related resources are the segment's best since the third quarter of 1981," said Roderick. "Steel product shipments were up 23 percent over the second of last year with the greatest increases in sheet and tubular products. The corporation's continuing efforts to im- quarter prove efficiency and reduce costs also contributed to this segment's improved operating results." Marilyn Brown Marilyn McMeen Brown, Frovo author and poet. has just been appointed by has re Edward Lewis L. Edward Lewis, a former resident of Pleasant Grove, was recently ap pointed executive vice president in charge of administration of Mont- in of charge John human resources. Lewis is the youngest senior officer in both Montgomery Ward and Mobil Corporation. Before joining Montgomery Ward, he was senior vice president for personnel and loss prevention at Target Stores, the Minneapolis-basesubsidiary of Dayton Hudson Corporation. The son of Bill and Pauline Lewis of Lindon, Lewis was born in Pleasant Grove. He graduated from the University of Utah with a bachelors degree in 1964 and a masters in industrial psychology d Valtek, a Springville-basemanufacturer of automatic control valves, reports significant first quarter gains in revenues d r ,ar turned to Modesto, Calif. Randall Book, publisher of The Worth of A Soul, a forthcoming history of BYU sports by Paul James and many other books, is also the originator of the yearly g LDS contest, and the publishers of the new family trivia game Celestial Pursuit. Mrs. Brown, who recently won critical acclaim for her small Mormon novel Goodbye, Hello, with John has also been Moffat of Provo: A Stoiy Of People In Motion published by the BYU Press, and she is the novel-writin- and net earnings, new orders, and backlog. Revenues of $5.4 million increased 13 percent over the same period last year, resulting in net earnings of $57,609 or 3 cents per share. This contrasts with last year's loss of $90,754 or 4 cents per share. "New orders, totalling $7.1 mil- percent from last year's figure," said Chairman of the Board Charles L. Bates in a letter to stockholders. "As a result of stronger order bookings in the last two quarters and the lion, were up serves I the Provo reoffice. gion L. Edward LrwU 26 continued strengthening of the market, the outlook for the bal hb ! John Andrrmi Since joining Zions Bank in 1975, he has served as real estate loan officer in the Roosevelt rffice, loan officer in the Orem office, and manager of Zions Mortgage Company, Orem office. A native of Roosevelt. Andrews attended Union High School and earned an associate degree in accounting from LDS Business College in Salt Lake City. Andrews is a member of the Orem Kiwanis Club and the Utah County Chapter of the American Institute of Banking. He is a past president of the Utah County Mortgage Bankers Association. Andrews and his wife, Carole, live in Orem with their six M"Um- t'.c ir,t'. I..:., owners luns. .l 1j..1;vn l.ithm ( Ar,nuin rurk in hrt went Cnstano s Deli and Catering Service has moved from its Orem location to 3145 Canyon Road in 'he Edgemont Plaza. The store is owned by Chris and SsUia Lindquist. Lindquist said he has expanded his deli line of gourmet meats and imported cheeses. Other products available include a variety of import goods, a selection of wines and beverages frozen entrees and home-made- and desserts. Cnstano's also caters on a custom basis. Both the owners and manager Okla Perry are available to an- Aer questions at burios Mjrth ct m Kdt Main ot they inmcJ ihfir sti re to the American rerk Shipping Center, und son and duiiriter-in-lRaymond nffiir:f! at ISO, 13 Nowrr.htr In j and Christine luns. opened Ivins Act 11 in trie downtown location To make the family business serve marls all apects ot the community. sn and daughter-in-la- American Fork Shopping Center a year ago Rulon Rodda has joined Rodda Hulon Travel School the as manager its L' t Travel, school, opens Oct. 9 according to June Morris, president and founder of Morris Travel. The school, which is affiliated with Morris Travel, Utah's largest travel agency employer, is located at 2540 South Third West, Salt Lake City. The school offers an eight-wee- k course of day classes featuring 192 hours of classroom instruction comand 40 hours of hands-o- n lias Kodda been active in real estate sales for 10 years, the past six in I'tah. has He 0. Morris School of Utah's newest travel The June a h County division. for worked ty 377-090- 0. Tappa Co Telephone service additions in the area of Wasatch. includJuab and Utah counties ing American Fork, Lehi, Payson. Plensant Grove. Provo. Spanish Fork, Sprmgville, Orem, Salem, will be Santaquin and Heber made in 1984 at a cost of nearly ?19 million. Mountain Bell Area Manager Heber J. Alldredge gave details on some of the major projects planned for these areas this year. 'In American Fork, we will be spending nearly $180,000 to install additional central office equipment and feeder and distribution cable along Highway 74. "In the Heber Valley area,1 we have allocated more than $430,-00This amount will provide additional 911 Emergency Service equipment at the Heber Central Office, "Alldredge said. In Lehi, Mountain Bell will be spending nearly $175,000 for additional central office equipment and to install buried cable on Trinnamon Lane and south on Highway 68, according to Alldredge. He said $107,000 has been earmarked for Payson, Projects in this area include the installation of buried cable south of the Pay-so- n Central Office and a 10400 S. Kldon Stubbs Real Estate and Mil Rulon Rodda ERA Mountain- land and has been involved with the troubled Amiron Village condominium project. Co. has offices Taggart-Mille- r in Salt Lake City and Park City and specializes in commercialand puter training, and a course of night classes featuring 105 hours of classroom instruction 5200 W. comand 40 hours of hands-o- n puter training. For more information call industrial businesses and the management of properties. Similar projects will be completed in Pleasant Grove at a cost of more than $141,000, according to Alldredge. "More than $15 million will be spent in Provo on some major projects," Alldredge emphasized, adding that the bulk of this money will be nearly $13 million needed for purchase of a Digital ESS (Electronic Switching System) machine that will be cut into service in June, 1985 and for central office equipment that will be installed as a result of the spinoff from AT&T. m Time Seminar The Education department of Utah Valley Regional Medical Center will sponsor a time management seminar this week. Ardeth G. Kapp of the Charles Hobbs Corp. will present "Insight on Time Management" Thursday and Friday from 8 a.m. to 4:30 p.m. in the center's Clark Auditorium. seminar is Price of the two-da- y $125 per person with spouses admitted for an additional $45. For more information or to register, call the Education deexpartment at UVRMC, tension 2875. 373-785- House of Ivins On Monday at 10 a.m., The House of Ivins will celebrate its eighth anniversary in American jf"l J We ue got I F1 the l ..; .ii.j .: i Additions Aid Area Crislano's Deli ut k of i the bank as a loan officer in Valtek Marilyn Brown D. Andrews has been named assistant vice president!"" of Zions First National Bank, according to Roy W. Sim- rently i-- Mark and Lynette Ivins opened Ivins lor Men in the John Andrews mons, chairman of the board. Andrews cur- gomery Ward & Co. He joined rethe tail company on May 1, 1981, as executive vice1 president ance of the year is quite g..d." Bates added. Valtek s backlog of unfilled orders jumped to iy 2 million, reflecting an increase of $1 8 rr..i lion over the amount at the t,'.n ning of the quarter. In order to reduce the co-- t it maintaining small accounts !.r shareholders. Valtek has been authorized by its board ol direc tor-- , to purchase odd-loshares in-shareholders of 99 shares or les as of Aug 9. He and his wife, Karen, have two children, Todd and Jill. They live in Lisle, 111. lisher Doylel Mortimer asj who L. in 1965. owner and pub managing editor for the Randalh Book Company! in Sandy. She! replaces Curtisp A. Taylor, au thor and editor, author of The Earthkeepers, a novel based on that Provo history published in 1980 and awarded "Best Novel of the Year'' by the Association for Mormon Letters. As editor at the Randall Book Company, Mrs. Brown will seek the acquisition of manuscripts by dedicated writers who wish to further the quality of LDS literature, as well as material to be marketed on national scale. She is the wife of realtor Bill Brown, mother and stepmother of six, and grandmother of three. xMa Bel!' HALF PRICE TILE! Italian Floor Ceramic -- "ry r j Beautiful f ' patterns wifMhw . andwtojj m Come and visit Computerland of Orem and see the best selection of computers in Utah. We've got the system for your needs. HALF PRICE PAINT! Time Saver Latex Covers in just one coatl s Interior flat and nrr c nn v nn -semi-glos- " W L' waaaj AT&T times taster Up to 5 times more memory Compatible with present PC s t 2 million bytes on single diskettes '"""Lm I 1 Look lor HALF PRICE ROLLS! Vinyl Wallcoverings High performance IBM compatible i 0 SALE Powerful tile tgi! Jil J J iiiBiii r fc 4i U GAL On Our Other Quality Latexes! :p rAifi vj rrn snm Prepasted rolls in attractive patterns Graham & Brown bALb SPECIAL CLEARANCE! mii italic i ns nui iii an iure Look for lagi! REG. 1.99 SALE camPAa New professional keyboard New software For home Education Business Compatible with larger PC s 8086 processor IBM compatible High performance t2 Va Save S3 799 & egg f 1 J ff& 5?" PRICE CUT 20-3- 3! afTri r.rM.Titr.T. 12' Sheet Vinyl Durable vinyl patterns! Fits most floors without seams All patterns not in all stores! Look for sale tags! no-w- mm&mmmmm W i . . a PRICE REDUCED Hewlett BkXJ PACKARD Notebook sized Battery Power 656 K bytes of memory IBM compatible Briefcase sized More power than IBM PC 80-2line display IBM compatible Big 8 Accountant Amdek Cyma Accounting Word Perfect Okidata Diablo Epson Lotus Dysan Maxell Verbatim 17! Dryback Tile x No-Wa- Avalon, Florette, Monterey Wood 12" x 12' REG. 59C a rSALC -- IQ(P TSQ. REG. 4.29-12.9- 9 tsALE321-10si-- 39 YD. f GOOF-PROO- Data Base Systems Financial Planning Games Microsoft BPI Accounting Educational Software & Many More! EFI Surge Protectors Harvard Poject Manager FT. i- F Installation Guarantee Follow our ilmpli Initructlon. ti in - PRICE CUT nun ii 25-3- 4! Ceramic Floor Tile All patterns not In all stores Look for sale tags! REG. 99C-1.8- 9 SALE Tf A(t IH - H07 mmm. VA you "goof' V" Fit Kit or J: ou tor V H trw Armstrong Trim And f1 using we'll glvt Tirttttt Trot Plc YOU SAVE 7,j '""""kJ 24-4- 0! anothtr floor 'N FREE! Kit, Sm stor dllll PRICE CUT Unglazed Ceramic Tile Look for sale tags! 4" x 8", 6" x 6", 8" REG. 48C-1.3- 9 SALE 25-3- 3! Decorator Mosaic Tile Look for sale tags! Approx. sq. ft. sheets REG. 3.49-4.4- 9 x 8" nrkff AOd: f"A 017 SALEsC"-Ow- 8; EA this with Service, Training, and Support that can't be beat. We've sold more kinds of computers to more people than any other store in the world. All uvv State. il 1350 South iU! uu Carillon Square 287 East 1300 South Orem, Utah "Where Customer Service Makes vrsA 224-260- lfJk 1 Pen: Monday-Frida- y Saturday 9:00-5:3- 0, All The Difference"! Orem 9:00-8:0- 0, Closed Sunday 8 AND SAVEI ENJOY OUR PERSONALIZED SERVICE) HURRY SUPPLIES LIMITED! s |