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Show tn s COMPANY DESCRIPTION — Canned and frozen food company that owns Pepperidge Farm. PERFORMANCE Earnings up SKI DEAR EDITH: Why would a bank charge a higherinterest rate for a construction loan? — D.T. A. Probably because it takes a greater risk than with a regular mortgage. Instead of having a completed house as security for the loan, it has only vacant land and your intention to do the work. If something goes wrong with your repayment, the lender could wind up foreclosing on a half-finished building that represents a real problem. EARNINGS, THIRD QUARTER ENDED APRIL 26 — $91.5 million EARNINGS, YEAR-AGO QUARTER — $76.4 million NET SALES, THIRD QUARTER — $1.54 billion NET SALES, YEAR-AGO QUARTER — $1.49 billion COMMENTS — David W. Johnson, Campbell chief executive, said he was pleased with the earnings and an 11 percent gain in soup volume. The comPanyalso saw increasesin sales volume of its Prego spaghetti sauces and V8 vegetable juice. PacifiCorp COMPANY DESCRIPTION — Electric utility operating in eight Western states; Pacific Power and Utah Power areits electric operations. PERFORMANCE Lost money EARNINGS LOSS, FIRST QUARTER ENDED MARCH 31 — $179.5 million REVENUES, YEAR-AGO QUARTER REVENUES, FIRST QUARTER — $945 million REVENUES, YEAR-AGO QUARTER — $975 million COMMENTS -— Thehugelossesresulted primarily from reductions in the vaiue of its natural resources subsidiary, Nerco’s oil, gas and minerals businesses and similar value cuts within PacifiCorp’s financial subsidiary, PacifiCorp Financial Services inc. Weighing under5 Ibs. and measuring a thin 1.5", the Ultralite III is one of the lightest and smallest notebook available. Light and powerful, the Ultralite Ill features a 20 MHz : 386SX processor, 60MB hard disk drive, 2MB of RAM expandable to 10MBanda high-contrast, black-and-white VGA LCD. MS-DOS5.0 and Windows come standard. So whether you're riding the skies or pounding the pavement, the UltraliteIll is your ultimate choice for lightweight notebook computing. Emerson Electric Co. COMPANY DESCRIPTION — World’s leading maker of electric motors. PERFORMANCE - Profits up EARNINGS, SECOND QUARTER ENDED MARCH 31 — $167.9 million EARNINGS, YEAR-AGO QUARTER — $160.7 million NET SALES, SECOND QUARTER — $1.92 billion NET SALES, YEAR-AGO QUARTER — $1.88 billion COMMENTS — Strong sales gains in the fractional motors and heating, ventilating and air-conditioning businesses, as well as in the appliance components business. Sales of consumer tools also increased due to strong sales at Sears. SPECIAL OFFER $1959.00 NEC QUANTITIES LIMITED! AJTHORIZED DALE CARNEGIE COURSE: HOUSE CALLS Ulvalite is a registered trademark of NEC Corporation. Other brand or product names in Effective Speaking - Human Relations - Self Confidence - Memory Training - Selling Your Ideas - Reduce Worry and Tension. Edith Lank ae UltraLite’ I — $136 million Campbell Soup Co. 9d Los Angeles Times Syndicate For information call: DEAR EDITH: In 1987 wesold a condo and the person who purchased the property took over our | assumable mortgage. Wetold the real estate agent who represented 363-5294 }. respective hoiders. 2236 Washington Blvd. Ogden, Utah 84401 (801)621-5244 DALE CARNEGIE TRAINING® Store Hours Monday-Friday 10-6 Saturday 10-5 PRESENTED BY JAMESB. BRUFF & ASSOCIATES 455 EAST SOUTH TEMPLE,SUITE 200 SALT LAKECITY, UTAH 84111 us that we did not want to retain rks of there ConnectingPoint. 233 COMPUTER CENTERS CLASSES NOW FORMING “Dale Carnegie Course® Dale Carnegie Sales Course® and Dale Carnegie Mangement Seminar® Recognized for College Transfer Credit by the American Council on Education” d may be rademarks or registered & anyinterest in the property. Now wefind that the buyerdefaulted on payments andthe condo was repossessed. We may beheld U.S. SAVINGS BONDS [= THE GREAT AMERICAN INVESTMENT: responsible if they can’t sell it for enough to cover the mortgage. We have a daughter in college andall the financial stress we can handle. A real estate attorney informs us the mortgage company “has us over a barrel” if there is any loss on the condo unit. We were not aware this situation could occur. Our agent did not inform us we could again be responsible for the mortgage, nor did he give us the opportunity to ask the buyer fora release from such a possibility. Does the agent bear responsibility for our problem? — G.L. A. Many people think lawyers SATURDAY JUNE 13, 1992-7:30 A.M. are to get you out of trouble, but I think they’re to head off trouble ahead of time. It sounds as if you have now consulted a real estate attorney, but the time to do so was _ @Long sleeve T-Shirts before you let someone assume _ @Ribbonstotop three finishers in each age group ofail races. @ Prize drawing for all participants. : Register day of race from 6:45 to 7:15 a.m. or pre-register _ by Wednesday, June 10 at 5 p.m. Mail in registration your mortgage. That person would have explained the difference be- tween “having no interest in the property,” which means no ownership, and “having no liability” on the mortgage, which was what you must be postmarked by wanted. The buyer could not have June 5. @ Registration Fee - $12.00 pre-register —$16.00 Day of Event released you from your promise to repaythat debt, by the way. Only the lender could do that, though the process usually requires the buyer’s cooperation. NOPRE-REGISTRATIONWILL BE ACCEPTED AFTER Real estate agents provide valuable services, but they are notattorneys, and they are prohibited ENTRIES WILL PICK UP T-SHIRT & NUMBER AT STARTING LINE ae ee ORADDITIONAL INFORMATION CALL STAND ARD-E ER 394-7711, N WALD RONXAMIN or TOM JENSEN from engaging in the practice of law or giving legal advice. I would blame your broker only if he specifically promised you’d have no further liability on the loan, or if he told you not to bother consult- SPECIAL THANKS TO: ing an attorney. DEAR EDITH: Due to serious fu AUea ple of ads locally. I even called a local broker who claims to specialize in relocations (with no response). Do you have any suggestions to help us unload this & BANK*UTAH eo Some advertising has been done by the agent, we also placed a cou- babola Og PEERLESS PRODUCTS albatross? — R. and K.V. A. You needall the exposure in ..AND THE FOLLOWING LOCAL SPONSORS multiple listing if it’s available. If not, ask whether your agent sent information to all other brokersin ; oieaceite If your broker advises dropping LITTLE CAESARS PARK HOTEL EL MATADOR THE OAKS money every month; you mayhave to bite the bullet and take loss. DEAR EDITH: I own a house with my daughter as half owner. If TIMBERMINE RESTAURANT |= —~ RADISSON HOTEL PRAIRIE SCHOONER ZCMi RC WILLEY vice. If not, consider changing agents. A lower asking priceis the ==! MORRIS AIR SERVICE STATELINE CASINO GOLDEN SPOON DAVID EARLY your price, you're getting good sermost effective strategy in a depressed market. The place must be costing you ’ & that other state that you can get, WWE health problems, my husband and I must sell a rural home we purchased in another state two years ago. We intendedtoretire to this year-round home but now cannot leave the area. We immediately put it back on the market, six months after we bought it. That other state is depressed — and so are we. a)J = snes Brent Building . Siar eenee BUSINESS Standard-Examiner ALL PROFITS WILL BE DONATED TO THE UTAH HEART ASSOCIATION Ww I had it put back in my nameonly would I have to pay any gift tax or gains tax? Also I have lived here with her for seven years and I am over 55. After it is put in my name could I sell it and get the $125,000 exclusion? — V_N. A. The lawyer who handled the transfer could tell you about gift tax consequences. Often there’s a - hoa: due, but no actual You could use the $125,000 ex- Day of Race Registration 6:45-7:15 At Standard-Examiner, $16.00 Starts 7:30 Day of Race Registration have to own the whole house for at 6:45-7:15 At 3 : k City & Harrison, $/6.00 ee ee Should you put your home in ZIP for myself, by heirs, my executors and may have against the sponsors, coordi- for any and all injuries suffered by me in connection with said event. Aliso, none of the above are responsibie for the loss of personal items nor any other form of aggravation in connection with said event. | have Starts 7:30 2-15 0 C ccomencnmenee R F____ 30-34 G 35-39 S a 40-44 y 46-40 ———* K of this event. In fill- warns of some complicated drawhacks in her leaflet Giving Your i use to the Kids. For a copy send Standard-Examiner, 455-23rd St., Ogden Day of Race Registration 6:45-7:15 at Standard-Examiner, $16.00 restrictions 5! and a stamped return envelope 10K Run Will Be Grand Prix Tie-Breaker envelope A ATCA wr sate _WON free use of my name and picture in any broadcast, telecast of or print media account ing out this form | acknowledge that | have read and fully understand my own lability and do accept the Signature 2 = ve TAC Certified VEN Joa, a Starts and Finishes at to KIDS, 240 Hemingway Drive, Rochester, N.Y. 14620. Edith Lank will also answer personally anyletter with a stamped self-addressed KACAI been warned that | must be in good health to participate in this event. | also have given permission for the your child's name? Edith Lank Ea RRSRE oe oe are —REGISTRATION NOT ACCEPTABLE UNLESS DISCLAIMER IS SIGNEO— - ‘ DIVISION: (check one) 6-18 C a, nating groups, and any individual associated with the event, their representatives, successors and assigns RUN te 6 State In consideration of your acceptance of this registration, | hereby fad ’ Age Phone administrators, waive any and all rights and claims for damages t back = [] 10K RUN Sex Address so you'd have to wait at ; [] 5K RUN Name use it on the entire profit, you'd sell, you “fe EVENT (Check One): (] WALK RUN Starts at 36th and Harrison Ends at Standard-Examiner —) 455 23rd Street, Ogden, Utah 84401 Make checks payable to Standard-Examiner esos and Finishes at Standard-Examiner, 455 23rd St., Ogden TAC Certified = STANDARD-EXAMINER 7:30 Starts clusion right now, but only on your half of the profit from a sale. To least three of the five years before Pleasefill out registration form below and mail to or register in person at: WALK 2 55.59 ; P Q T 7 ase x ~ “aman — ee ' ¥ i t t f ' ' a a ' i ' ' ' e ' ' ' ‘ ' ' iG ' ' ' ' ic ' ' ' ' . + : |