| OCR Text |
Show The Salt Lake Tribune, Sunday, December 10 II I I- Business Portrait 28, 1975 Its a Task to Try Malis Soul -- - -' ' But Mike Knows the Alphabet , , fJ :. ., f''-:u- v ! - , i 'VVrl : rrrn ?$?7 &. " . ft rl fS4 . - 3 44vStmm 3p !: Office building under struction at 275 E. South should be finished by February. The conTem- - pie 25,000-square-fo- ol will cost about $1 million. Co., w orkers Sparkplug Change Simple Gene Austin Knight .Newspapers Writer or lour, six or mi can keep a spark in your lile eight of them, depending on the number ot cylinders in your car with an job so simple that it can sometimes be completed during the o' a football game. The simplicity of a sparkplug checkup has no relation to its importance. Worn out or louled spark plugs can not only rob your engine of power but can cut gas mileage drastically neglecting it is money out of your pocket II you've put 5.000 miles on your car since the last time your sparkplugs were changed, its time lor the checkup. Its also lime il your car runs sluggishly and lacks power, or if you're having trouble getting your car started on cold mornings. Plugs, like many other auto parts, can often be bought on sale, often as low as 60 cents each lor regular plugs and about a quarter more each of the resistor plugs used in many late model cars. Many service stations and garages will charge double that to change your plugs. or more By e Look It Ip II you ow n a used ear, don't take it tor grunted that the plug now in it is the correct one lor your engine. II you don't have an owners manual to determine the right plug, and dont have a Clinton's Motors or other repair book to look it up, have the salesperson at the store do it before you buy. Also, ask your dealer w hat the correct plug gap is tor your car and engine. New plugs are no always correctly gapped, (the gap is the small opening between the two electrodes at the business end of the plugs.) To remove the plugs lrom your car you'll need a 13, for most plug socket of the correct sie a ratchet lor some GM models cars but w rench and a wrench extension of the proper length. II you dont have any ol these tools, a 8 inch socketwrench set is a good investment lor this and many other jobs and can often be bought at a bargain by uncvitably) w atching lor sales. An alternative is a special spark plug wrench set, including the ratchet. There is also a plug wrench, selling lor less than a dollar complete, but I think it w ould gi e more smashed knuckles than satislaction. On a lew models of cars, notably those with eight c linders. some plugs are so hard to reach that you may need a special flexible extension to remove them. You w ill also need an inexpensive gapping tool, ot he type that has bent wires ol various sizes to measure with. h super-econom- y Necessary Tool The other necessary tool is a 'point lile." a small, very tine lile that will be used to clean the electrodes on plugs that need only to be cleaned. II youre making a 5,(ki0 mile check, your plugs are probably still usable il cleaned, but most plugs are best discarded alter 10.000 to 12.000 miles ot service. Be careful when removing the spark-pluwires r cables lrom the plugs. Wiggle the rubber boot that tits over he top when removing ol it wire. the plug and pull only on the boot otherwise you may damage the the first plug you remove has a worn or thin outer electrode (compare it with a new plug), your best bet is to change the whole set. If you decide on that course, remove and replace the plugs one at a time, replacing the plug wires as you go along. Be sure to gap the plugs to specifications (oil most cars its .035 inch), bending the outer electrode in or out slightly as necessary with the little notched tool on your plug gauge and checking the gap with the Most types of plugs have a appropriate gauge-wirif yours do, make sure gasket on the threaded end it is in place oil each plug as you install it. Coat the threads with a little oil before installing to prevent seizing and dont overtighten. Once a plug is screwed firmly in place a slight additional turn with the wrench is all that's necessary. Other Reasons Other reasons for discarding plugs and installing new ones, in addition to high mileage and melted, broken or worn electrodes, include cracked insulators (the porcelain part that forms the core ol the plug), insulators that are ghostly white or gray with small spots, or insulators that are blistered and appear to havr ictallic deposits on them, some of these conditions can indicate engine problems and it would be wise to tag the plugs according to the cylinders they came from and show them to your mechanic. Ilugs that are operating normally will have a brown or gray ish tan deposit at the electrode end, and these are easily cleaned, regapped and replaced. Ilugs that have Huffy carbon deposits or wet black oil deposits can also be cleaned, regapped and rcaplaced. but again such plugs can indicate that you have engine problems or are using the wrong type ol plug lor the kind ol driving you do. tvk in N Mrlal- Wins, Losses volume. York Stock Winners American Stock Exchange Eichange d pound dunvi ? ed. fqiMgn - Co, According to Mr. Gardner, the architect, Ronald Lowry Molen. designed the structure as a "corporate mansion to blend in with older homes along South Temple. Joint contractors for the project are the Coy Boyer Co. and J. Ron Stacey Engineering and Construction Co., Inc. de- 40 tent.. nyinmd! brandies de- in of Korean bunks stood at more than $300 million. Realtors Sell 97 Properties flic Salt Lake Board ol Realtors reported u? properties were sold Iasi week through its multiple listing service. Valued a! more than S3. 7 million. Hie sales included 77 i esi.lentiul properties, seven vacant lots, tour commercial properties and nine apartment-dupleproperties, according to Ellis R. Ivory, board president. by SCM and Olympia Calculators by T.I., Rockwell, Novus, Hewlett Packard and Omron Electronic watches Come in and Save Save SilVG on our year-enclearance 4 V5 V. H" - Jf as executive director of Redevelopment Agency of Salt Lake, coordinates a host of redevelopment projects, such as demolition (in background) of store on 1st South to make way for mini-- , park between Main Street and West Temple. Mike Chitwood, going to the various taking districts (Salt Lake City, Salt Lake County, school district, library, v'ater district, etc.) Mike believes by 1985 the tax increment financing plan will contribute $1.5 million conservatively annually. The money will he used to buy old structures and make them attractive for private investment. Catalysis for Development v"But were just the catalysts for development. Private enterprise has got to provide the big bucks, Mike points out. The agency pays the lair market price for the building and land, while the developer must pay only fair market price for the land. The cost of the old building is subsidized by the public. But, he points out, in the long run its in the best interest o( the public to take that necessary step to attract new investors. Since the agencys 250, parcel oi land on the block bounded by Main, W est Temple, 2nd South and Broadway has been abandoned as a site fos the Sheraton Hotel in favor of a site two blocks nortbr it was decided to back up a step and study what ought to be done w ith that land. Bids have been requested from consulting firinS lor a study of future needs of the entire downtown-- ' area office space, stores, theaters, hotels. . . with specific emphasis on that Redevelopment t Agency parcel. New Try for Bids When the study is completed, probably by nexC'J summer, the agency once again will seek out J developers for the site. Another agency project, the rehabilitation selected residences, is now receiving top priority. The Redevelopment Agency, after a survey of needs of a selected area, works with homeowners t V help them fix up their residences. Technical assistance, (3 percent interest! w loans and. in some cases outright grants, ard!-- , available for the rehabilitation. 11'J ' Absentee owners are not eligible. .! Invite Citizen Participation 'J ' th, TOKYO tAP) Mitsubishi Motor Corp.. makers the Dodge Coll, intends to export 122,000 passenger curs to North America in 1976, nearly triple the estimate oi 43,500 passenger cars this year. Oiiicials said these passenger cars will be marketed through Chrysler Corp.s sales network. They said Mitsubishi will introduce a new passenger model culled the Plymouth Arrow in an export line to North America beginning January. low-co- 241 Soi'iti 500 East Sail Lake City. Utah 533 Q4Q9 Rfir'ol. eslock Markets V'fHMfciD du(.fion Dec 21 Toodanycow 55 00. good to choice dairy cows ar d heitors 475 00 550 00; 325 00 450 00 common dairy cow High yieidno heHerettes 25 00 32 25. oi $ relay smaller ul'Htv and commercial cows 22 75. tanner and cutter cows 17 Ofr ?3 75 boils 24 00 ?8 75. Heretord stocK steer calvus 30 -8j. yearling feeder steers Choice quality 550 700 lb 33.00 37.50. choice feeder steers over 700 lb 37 00 J7 50 Hereford stock heitei calves 20 00 28 50; yearling heifers 26 00 33.50. Holstein steers 300 500 lb 73 00 26 50; Holstein steers 'b 20 00 28 50; over 800 lb 24 00 31 50. Choice ted steers 30 00 3V.75; choice ted heifeis none; fed Holstem steer -- pointed out. ' But we dont really want him to see trotn our point of view then you lose HoMpm heifer 3U0 500 Holstein heifer 500 900 lb 20 00 27 00 Lambs 38 00 47.30; hogs 43 00 46 7b, new born bul calves 2 50 15 00 per head. Market The markel was steady last week. W JU 39 7ft; 18 00 30 th . "The citizen can obviously perceive his neighbor, hoods needs hotter and, in recent months, wevqi found the citizen is better able to see problems in the!! larger context of the public good as well, Mikoj!1 Inlcrniouiilnin LEASETHE NO.1 .. d&Mt '! everything,, that perspective." 00, added!, Meetings to gather citizens ideas often must bf; held on Saturdays or in the evening. "That shows you management is not an .!! job." py ANNOUNCING THE ANNUAL MEMBERSHIP MEETING FOR uvns?&t pnoiycoes MARKETING ASSOCIATION : i! CUTLASS America's best selling intermediate 1976 OLDS CUTLASS SUPREME COUPE MEETING TO BE HELD IN THE HOTEL UTAH SALT LAKE CITY, UTAH FRIDAY, JANUARY 2, 1976 at 2:00 P.M. Jade Room AIL MEMBERS ARE URGED TO ATTEND THIS MEETING. THE PURPOSE OF IS TO NOMINATE AND ELECT DIRECTORS TO THE BOARD OF DIRECTORS OF PRODUCERS LIVESTOCK MARKETING ASSOCIATION AND ALSO TAKE ACTION ON ANY OTHER BUSINESS THAT MAY ARISE. THE MEETING $125 .per Iifunlh X' mos closed odd loa.su Statu loud) tjM's and it siuai-cextra Ken Garff Oidsmobile Inc. University Malt Orem. Utah (801) 225 0131 st ft Li j Citizen participation (which is not the same citizen decision-making- ) is solicited in determining ihe needs of residential areas. 'J d Rtinlul'j il Schreyers, Inc. J mm. ol x Remlofs Slashes Prices '? Ud&fftr Mitsubishi to Triple Export de- posits including those overseas $ - But. with the approval ol the tax increment linai ring law enacted by the Utah Legislature, the Redevelopment Agencys downtown renovation projects should be self supporting. Plows Back Revenue Under the law any tax money derived from an increase in the assessed valuation of a downtown area can be used by the R 'development Agency for projects in that area. 1974 the assessed During the base year valuation of that area was about $23 million. In 1975 it w as about $27.5 million, an increase of $4.5 million. With a total tax levy of 98.4 mills, that additional $4.5 million generates $450,000 more in taxes, which is available for Redevelopment Agency use instead of (API -- currency " end of 1976. Currency Deposits Increase foreign currency T ypewriters 6V 19 cents a pound end J8X J9 cents a pound. Znc 41 cents a pound, mcti'yyeij munis, di'iivc'i d Aluminum .60 a pound, bu'k. 92 5 percent, cariots, Antimony product s dkdI Vajnevum 82chh, a pound, moot 45 per ton unit of Vn3anew oe - SI percent $2 20 a pound, electrolytic ealriodts, Port Co borne. Ontario Nickel an ounce. Platinum Silver - 14 27 an ounce. No York, 2 8 pence, London Tm - 13 IQ.)6 pound, New York Ys JI20a fiasfc, Z6 pounds, Quicksilver 26 a short ton unit, duty oxi Tungsten ore - $77 I 100-ca- The measures allow the free withdrawal of foreign currency de posits with repayment ol principal and interest guaranteed by the Central Bank of Korea, and also provide for the eurodollar rate plus two percent interest lor time deposits. The officials said SAVE on these name brands!!! Major metals prices terls 2257-11t- posits. aimed at attracting more foreign funds and eventually establishing an Asian money market comparable to Singa- linn capital." - The building owned by The Boyer Co.. East, will have a r parking area and w ill cost about $1 million, according to Kern C. Gardner, partner in The pore. As demand lor aluminum NEW YORK (API appeared to be picking up for the first time in at least a year, major producers announced this past week that discounts to distributors will end with Jun shipments. Aluminum Co of America said the 2.7 cents a pound markdowns it has allowed on sales of common alloy sheet aluminum w ill end at the beginning of the New Year. Keyno'ds Metals Co. made a similar announcement, us did Kaiser Aluminum Reaffirm lroinise The lop three producers thus reaflirmed a promise to end their discounting which began in Scpbmibcr. when aluminum demand was si til lagging. Reynolds Metals also said it would lull in line with oilier producers in raising prices on sheet aluminum Used to make can bodies by four cent.-- , a pound, effective Jan 5 Earlier last week. Alcoa .said ll had postponed indefinitely a planned extension of a power station which now services its Rockdale, Tex., smelter. Economic Decision The company said the postponement was based "solely on economic factors, including the lugh cost Codo-Np York 1. foreign currency Gliding Discounts ol office building at 275 E. South Temple, with completion slated about Eeb. posits in South Korean banks have increased almost 10 times in the past year to $122 million, finance ministry officials said The figure stood at only $1.3 million at the start of this year, when the na lion faced a serious balance of payments problem. The drastic increase was attributed largely to the government's liberalization last February n! Net and percentage changes are the iliflcr-enc- e between last week's closing price and this week's closing price Winnerv-N- ew 25.000-square-lo- Foreign ( the stocks that have gone up the most and down the most based on percent of change on the New York and American stock exchanges regardless of Construction work is continuing on a three-story- , Boyer 4 weird-soundin- Building SEOUL -NEW YORK A ! The lohow ing list shows - A In milium Progress On S.L. Il g I Im 1 structure, owned by The Boyer Put Still Important hall-tim- t Michael Chitwood works in the world of federal government grants and alphabet soup agencies and programs (HUD, NDP, CBD. CDP and the like). Hes executive director of the Redevelopment Agency of Salt Lake City and, while he might have trouble explaining to a layman exactly what those alphabet soup programs are all about, he has an advantage over some other government workers. He can actually point to an old building being torn down or a house being refurbished as tangible evidence ol Ins efforts. The Redevelopment Agency is most widely known for its aborted efforts to entice a prospective builder of a Sheraton Hotel and a large public parking lot to locate on downtown land the agency owns. Won Court Challenge And many citizens have heard of last summers Supreme Court battle (which the Redevelopment Agency won) over its "tax increment financing plan lor downtown redevelopment. But while Ihe agency is involved in the Central Business District (the aforementioned CBD) rejuvenation campaign, it also coordinates several residential redevelopment programs as well. The total scope of the Redevelopment Agency makes it hard to define exactly w'hat it is, Mike acknowledges. "Weve become a depository ol so many programs it has kind of blurred our image. "But, 1 believe it makes things more efficient because of the central coordination the programs receive. In this case, the whole is better than the sum of all the parts, he said. Although the Redevelopment Agency may be an amorphous mass to the layman, Mikes not confused. M Years Experience Hes had I f years experience with federal grants and acronyms in previous jobs in Joplin, Mo., and Pueblo, Colo. And hes a major m the Army Reserve, an outfit thats certainly not shy about making an acronym out of almost anything. Born 40 years ago in Joplin, he finally decided on a dual major at the University ot real estate-financ- e Arkansas after a successful summer spent selling real estate. But he left the real estate business alter less than three years because, as he recalls, "One month I brought home $30 selling oil a commission and I decided 1 had to be cut out for something else. Despite the tact that he had no real idea what the job was about, he applied for and landed a job as assistant executive director of Joplins redevelopment agency. He believes his re id estate experience was essential in getting the jco. Alter a few years he became executive director of the agency and in 1971 took a similar job in Pueblo. Moves Up a Little His move to Salt Lake City last January was a case of moving up a little, to a city with an expanding program. He's sure he and his family have found a permanent home and he's also sure the redevelopment concept is in no danger of extinction. "The federal government has a commitment to this type of thing the demand is so great, they just can't duck the responsibility, he believes. Money for the projects comes from two federal government grants, the $4,17 million Community Development Program (CDP) and the $2.2 million Neighborhood Development Program (NDP). While the CDP money will continue near the same level lor another three years, the NDP money is gone at the Q&f Sidte a Si)' Set il i Si.C. Utah P Joseph I. Jacob, uitM Secretary-Managewmi r |
