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Show Thursday April 26. 13 Business News Ephraim Page 21 Will Get New Plant First Security Tells Quarter’s Operations SALT LAKE CITY has good HELP-WANTED ADVERTISING SALT LAKE CITY. Utah First Corporation, bank hold: Security company hesaquarsered here UPI Sperry job news for the Ephraim Its n is locating a in the Sanpete make computer HH Lawson said areas Lawson said the plant ure cables, ha in Salt Lake City Sperry has leased a buildiring in the Ephraim Industrial Park to begin the General Systems Di vis Earn ngs per share were 74 m ents one year cents compared with ago. The increase was equal to { percent and well within voluntary guidelines announced in Marchby the Council on Wage and Price Stability Mr. Eccles, said He also noted that earnings for first quarter 1979 were achieved despite a nonrecurring gain on the sale of subsidiary First Securit Datacorp which occurred during first quarter 1978 amounting to nearly $300,000 after taxes Manuiacturing operation hut plans to build its own plant by 1980 13.000,000 on ear Creaseof $258.000.000. or ni Prices Close Total loans and leases ar $2.117,000.000. an increase $100 million. or five perce deposits increased 75 $2,345, 000,000 an increase ( a € On Market lion Tota! common shares outstanding on By FRANK W. SLUSSER 1ore Gulf Oil Profits Up Sharply for Quarter PITTSBURGH (UPI) — Jerry McAfee. chairman and chief executive of Gulf Oil Corp. Tuesdaysaid earn- ings for the latest quarter were up sharply and disclosed plans to spend nearly $1.5 billion in the United States on energy development and explora- tion Addressing Gulfs annual shareholders’ meeting, McAfee said Gulf earned $249 million or $1.28 per share. in the first quarter of 1979. a 61 percent increase McAfee said he will recommend to the company’s board ofdirectors a $100 Slightly Up "100 ery March 31, 1979 were 1,875,000, an in crease of 9.8 percent over the same UPI Business Writer NEWYORK (UPI) — Prices were 1977 1970 slightly higher at the close of the New UPI CHARTdepicts the change in the Help-Wanted Advertising Index which now standsat 156. The HelpWanted Index measures the volume of classified Mrs Shirley Wheeler Brailsford will be honored at a retirement tea Friday from 3 to 6 p.m. at the Mountain Bell operators lounge, 75 = 100 N.. in Provo. All friends andrelatives are ing to benefit our basic chemicals moderatelyactive. The Dow Jones industrial average, which rose 6.76 points Tuesday, was ahead 0.78 point to 867.63 shortly before the NYSEclosed. Advancesled declines by about a 7to-6 margin among the 1,872 issues Agent Joins Springville sustry nave been long recon. Retirement Party Scheduled Fienling McAfeesaid. Hesingled out President Carter's recent. ‘‘although Friday For Phone Operator reluctant, acceptance of the need for phased decontrol of crudeoil prices. McAfee noted that world crudeoil supplies have tightened andprices have increased Simultaneously, demandfor refined products, especially gasoline. has spurted, increasing our refineryutilization rates” he said. “Coal production has recovered from last year’s miners strike and increased demandis beginn- York Stock Wednesday. Trading was advertising in 51 major newspapersacross the nation. The Conference Board reported the Index 4/24, (UPI Telephoto) crossing the composite tape at 4 p.m. Insurance Firm began her career Aug 10. 1943. in Springville After her marriage to Jim Brailsford. she continued working while he served on the 10th Mountain Ski Division of the U.S. ArmyinItaly Richard A. graduate of Peterson, Farmers a recent Insurance Group's career school. has begun working out of the Morandi - Peterson Agency. 144 North Main, Springville Mr. Peterson has been an insurance agent for Farmers Insurance Group since his release from active duty with States. “With this increase, we will be Mrs Brailsford has Provo office of Mountain business McAfee said during the past year, the worked for Mountain Bell in 1955 She and her husband energy picture has been affected by bell for 32 years She havefour children Sheis shortages sharp price increases and the United States Armyin August1978. While in the Army, Mr. Peterson served as a Finance Specialist. as a Recruiter and a member of the Army's Nuclear, Biological and spending approximately$2.25 billion on increased Chemical Accident - Incident Control million increase in Gulf's 1979 capital and exploration budget in the United worldwide capital and exploration projects this year with nearly$1.5 billion to be spent in the U.S.,”’ he said McAfee said developments of U.S. oil and gas properties will take $850 mil lion with another $150 million earmarked for coal, uranium andoil shale projects. He said the rest of the money will be spent on North Seaoil explora- tion, Canadian gas exploration refinery improvements and other energy-related projects “Thete has been a welcomeshift in US. energy policy that is providing some ofthe incentivesthat wein the in- WASHINGTON (UPI) The Transportation op- posed the proposed merger of National and Eastern airlines on grounds it would reduce competition and be detrimental to air pas- sengers The department. in a brief filed with the Civil Aeronautics Board said airline passengers would suffer from if Eastern re allowed to of Nati eate the take con and 1 in se John G Wofford the riment’s acting generd al counsel, said any benefits resulting from the merger would go to the airlines, looking forward to retirement which will the spend more time with her family, and work in dablyconfused and bitter about the personal sacrifices which any solutionwill require,” McAfee said He said the United States has two serious energy problems — declining domestic crude oil production and her church. northeastern states. Mr. Peterson attended Mesa Community College (Ariz.). Brigham SHIRLEY BRAILSFORD Young University and Bepperaine. Mr. Bensonis an agent for the member companies 30% FF to Denver. considerable benefits that may be ob- e study offered the to impose gasoline rationing. of the group This is his eighth year tobe called to the council Headquarters te the council will be at the Wigwam Resort. A program of business sessions will be attended by council membersand the presidents of the member companies of the group tunities will shrink. the new study said with government Traders were hopeful March consumer prices, due to be released Thursday, will show a smaller increase than the 1.2 percent in February and the1 percentin January. Meanwhile, the House Commerce Committee rejected President Carter’s request for emergency power or os Furthermore, three major smelters may be forced to close, copper imports will rise and employment oppor- ed days. Agent Selected Ralph Benson of Provo andhis wife will attend McAfee said higher oil prices will s Insurance Group of companies’ Presidents enable theindustryto extend its search Far for energy Council May 6 to 12 at Litchfield Park, Ariz., an nounces George Seebart. vice president sales WASHINGTON (UPI) 1987 Copperprices will in- Spouses will attend the sessions to familiarize — Government-mandated health, safety and en- crease. Without the themselves with curfent operations of the organizavironmental standards regulations they would tion Weselected 66 of our foremost agents and diswill add 43 percent to reach 77.2 cents per US. copper prices and pound by 1987. The trict managers from among approximately 12.000 cost the domestic in- regulations will add 43 throughout our operating territory to meet with top dustry$3.5 billion by 1987 percent to that pushing company officials. They will discuss ways of imthe Commerce Depart: prices to 1097 cents per proving our policyholder service and help plan the 1980 sales program.” said Seebart ment projected Wednes- pound day The issues. Analysts said institutions have been drawn to the market by hopes that short-term interest rates would decline as the economy slows down. Someinterest rates eased in recent Provo Insurance limited refining capacity to meet unleaded gasoline demands tion are achieved ‘ome cost to the regulated industry said Assistant. Commerce Secretary Frank Weil Hughes Airwest. owing projections for Bridal Shop Opens On Orem S. State Brides World featuring everything for the bride. openedthis week at 571 South State in Orem Owners and proprietors are Marva Heal and Gwen Pierce, both residents of Orem. The store carries bridal gowns. hats and veils. Newservice. 5 non-stopsdaily. $102.81 a month gets you $3,500.00 $126.96 a monthgets you $5,000.00* Borrow $3,500, $5,000. or $7,500 on your home equity, pay an annual percentagerate of 18% interest and use the money for any purpose! Just call Peoples for the money you need $7500) bridal accessories Wecarry or can ordervirtually any bridal gown that brides-to-be will see in the brides magazines said the owners SLs based . on a $3.5 ‘ SAVINGS AND LOANS Peoples helping people since UTAH OGDEN, UTAH PROVO, UTAH RIVERDALE. UTAH Ks Loans also madeon signature, auto, furniture, equipment, contract equity and unimproved property. GWEN PIERCE —_————————$————— w Arrive Denver 7 a.m. non-stop ».m. non-stop Fly Business Coach* for only $10 more than the undiscounted one-way coachfare! arate, quiet up-front to work. Two-abreastfirst-cla PEOPLES ({") THRIFT MIDVALE. Aspecial discount fare of 30% off coach. Leave Salt Lake City n. non-stop n. Non-stop 1 Non-stop HOMEEQUITY LOAN SPECIALISTS SALT LAKE CITY UTAH $42 one way,either way with norestrictions. Sam aa bridesmaids and mothers dresses, lingerie and other MARVA HEAL Team responsible for the thirteen give her time to travel complex and the public is understan- For Copper Prices Opposed today demands She transferred to the United States These problems are extremely Report BodesIll Airline Merger Department gasoline invited NYSE turnover amounted to about 31,900,000 shares, down from the 35,540,000 traded Tuesday Prices were mixed in moderate trading of American Stock Exchange \ Leave Denver Amive Salt Lake City n non-stop n non-stop non-stop non-stop non-stop I 3 Travel Arranger |