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Show Thursday. January 3. 1980. THE HERALD. Provo. Utah—Page 17 Commerce: FollowingDeath of Brad RaganSr. Ragan Firm Reorganizes SPRUCE PINE, North Carolina — The board ofdirectors of Brad Ragan. Inc., announced today the election of a chairmanof the board and the creation Welder was elected ex quarters. Responsibilities of his new mountain Souvall’s, the engineering and maintenance departments, as well as corporate store design. Fred Smith, president and regional managerfor New Mexico,will transfer to corporate headquartersin Salt Lake City to take charge of realestate site development and employee and corporate public relations. John Cairns, vice president of Smith’s ManagementCorporation.will add new responsibilities to his position as corporate director of sales, merchandising and advertising. a newly formed department. Ken White, vice president, will becomethe new regional manager for the Utah/Idahoregion. . J JEFF SMITH Theseelections provide the company with three executive vice presidents Thomas Harry hasheldthattitle since 1977, being responsible for the company’s sales and marketing efforts Other BRIvicepresidents are Clyde W Granberry who has responsibility for retail operations and Homer Huskins whois in chargeof service equipment and retreading operations. Donald R son is treasurer. Brad Ragan.Inc., is a distributor of Haven Simmons, district manager for Utah/Idaho, will becomevice presi- new and retreaded tires. The comcommonstockis listed on the dent and operations director for the pany's American Stock Exchange. Utah/Idaho region. Paul Strevay, manager of the Roy, Utah store, will repiace Simmons as district manager in the Utah/Idaho Region. Official Joins Drilling Firm Ex-State Stowe, whotakes over operations immediately, has resigned his position with the Utah Geological and Mineral Survey, State of Utah, Departmentof Natural Resources. He waschief of the survey's information office and public relations department as well as spokesman for the Department of Natural Resources. His experienceincludes the past 9% years with the survey and 15 years with Petroleum Information Corporation — a subsidairy of A.C. Nielsen Enterprises, marketing and research. Prior to joining the sur- vey in 1970, Mr. Stowe was operations manager for Petroleum Information in Salt Lake City. Stowe was recently honored by the National Endowment for the Humanities by being selected as one of 12 persons in the United States for study at Columbia Unter of the free enterprise system in relation to It’s incredible,’’ said Whiting “I've had guys coming in with $200 000 or $300 000 checks and buying silver counting fraternity and the American Whiting said the flurry of buying activity became so intense Wednesday morningthe firm halted sales for about an hour. Thelocaloffice wassold outof silver by noon and began taking orders for future delivery. Silver prices, he said were $40 an ounce compared to $25 an ounce one week ago and $6 an ounceone year ago. In addition to large investors. he said there appeared to be manypeople who weretaking their moneyoutof savings Institute of Certified Public Accountants Vigoren is a Vietnamveteran Fox & Companyis headquartered in Denver. Colo.. and has 55 offices. throughout the United States. Offices in Utah are located in Provo. Salt Lake City and Ogden RONALD W. VIGOREN High Interest Hampers J.B. Stock Redemption accounts or selling stock to buy $5,000 or $10.000 worth ofsilver. He cited the case of one woman who bought $10.00 worth of silver on Monday and returned on Wednesdayto sell it back to Deak-Pererafor$14.00. Trading in gold was also reported SALT LAKECITY (UPI) — High inrates have cancelled a proposal brisk at Deak-Perera reaching $578 an terest for J.B. Big Boy Family Restaurants to ounce. Whiting predicted the price of silver return to private ownership. Clark D. Jones. vice president of would rise to $50-60 an ounce. finance of the Salt Lake-based firm. said interest rates are so high thatit would be too expensive to redeem all of mescompany's outstanding stock le company however will continue to buy small blocksof J.B. stock on the open market. he said. ALL MERCHANDISE CVend, IS LEVEN’S FIRST QUALITY STOCK NO SECONDS! Sport Coats...........39° SALE CONTINUES FRI. & SAT., Jon. 4 & 5 50% STOREWIDE INVENTORY CLEARANCE SENSATIONALPRICE SAVINGS UP TO Entire Stock MEN’SSUITS CARLTON STOWE 69" $hQ88 Ourentire stock of 650 Suits are on sale!All wool worsted, texturized polyester, wool and dacron blends, Stripes, plaids, and solid colors in our famous Crescer Crown, H.IS. and Botony 500” . Si Regulars, Longs, X-Longs. All Suits are new styles. We can fit you. Two-pants on some Suits. All vested. oe $4 09° Energy/Natural Resources Development. He is also the author of many professional publications. The University of Utah just published his 1700-page volume, ‘‘The Oil and Gas Industry of Utah; Past, Present and Future.” He recieved his degree from the University of Utah in 1972. He is a former vice president of the Utah Geological Association; president of the Utah Association of Petroleum and Mining Landmen; a current memberof the American Association of Petroleum Landmen,; the GeoScience Information Society, Geological Society of America; the Mineralogical Society of Utah, and several otherindustry organizations. Stowe resides with his wife and two sones at 4405 MorrisStreetin Salt Lake City. 600 10 cheese from Double knit ENTIRE STOCK Reg. to $40.00 Choote from Len, Foroh, Hoggor oF HAS. Cotton Blends Site 28 t0 38 ° w * LEVI STRAUSS oi, ‘11 " $3.98 Regular $75.00 to $165.00 WINTER COATS & PARKAS Leathers Included | LONG SLEEVE 1/2 omc MEN’S SHOES This season’s styles. Traditional shoes, the new two- Regular $30.00 to $190.00 a8 acre s 13 88 Me $ 13 88 Cords 544" oy broken rangesof sizes. A good selection, Sizes 7% 35 sleeve included peae LE ee SA $788 . sg 88 Ee SEE LONG & SHORT SLEEVE SPORT SHIRTS Manhattan, Corser Club, Levi and Thane, Polyester and Polyester /Cotten Blends. Reg. '22" SOCKS .....0..0- 99: Ee Sotck ...... 55% ROBES Vp PRICE uats..'/2 PRICE | om 288 crease its octane rating. Rog. $20 t0 $38 ton a . 56 588 54.98 37 Regular to 50 Long methyl-t-butyl ehter, comronly calied MTBE, which is blended with unleaded gasoline to in- WwooL SHIRTS Famous names MEN’S SPORT COATS @ Ratner capacity of 280,000 metric tons of oe 298 30% OFF © Forah Tenneco plant will have a *89" S2Q88 CASUAL SLACKS DRESS SLACKS SWEATERS ENTIRE STOCK © Botany HAS. TURNING POINT — A Tenneco Inc. worker prepares to open a valve at the Petro-Tex chemical plant on the Houston Ship Channel. When an expansion program , is completed in early 1980, this ing as secretary of the Southern Chapter of the Utah Association of Certified Public Accountants and as treasurer of the Central Utah Estate Planning Council. He is a member of Beta Alpha Psi, national honorary ac- Monday Men’sSuits...........$39" the company is pleased to make an- tion manager. After the merger he public accounting Currentlyhe is serv- being sold for $29 000 The same quan. DOOR CRASHERS Longhorn Oil and Gas Company,Inc., will open a Rocky Mountain regional Office in Salt Lake City to be headed Carlton Stowe, formerly with the Utal Geological and Minera! Survey. . The company, headquartered in OklahomaCity, is engaged principally in the businessofdrilling, exploration, development and operation of oil and gas properties. The company organizes, manages andparticipates in drilling programs,participates in joint ventures with other oil and gas operators, acquires and disposesofoil and gas leaseholds, and sells gas and oil discovered and produced. The companyis active in Oklahoma, Texas and Louisiana. On it’s expansion to the 11-state western region, J.D. Allen, chief executive officer of Longhorn O&G, says nouncementof the association of Stowe as the Rocky Mountain Region explora- tice on Jan. 1 with Fox & Company. one counting firms tity of coins was sold for $23 000 on Roy E. Everett was elected ex- ecutive vice president in charge of the position will include the overall supervision of the Utah/Idaho Region, Inter- Ronald W_ Vigoren. C.P.A.. a local practioner in Provo. merged his prac: of the nation’s largest public ac: finance and administraticn He has been a vice president and secretary of the companysince 1976 and a director since 1978 company’s commercial centers Everett has been with BRIsince 1972 and hasbeena vicepresidentin charge of westem region commercial oeprations since 1975, With Fox and Company SAN FRANCISCO (UPI) — Trading panysince 1971 Paul E. Trading in silver was feverish Wednesday at the will serve as a manager in the Provo San Francisco offices of Deak-Perera office of Fox adealerin foreign money exchange Vigoren is a native of South Dakota Deak-Perera spokesman Chris and graduated from Brigham Young Whiting said bags of pre-1964 silver University with a degree in accounting He has had 10 years of experience in coins with a face value of $1.000 were ecutive vice president in charge of Dee Smith, president of Smith's Management Corporation, parent companyof Smith's Food and Drug supermarkets, has announced the promotion of five local executives. effective immediately. Jeff Smith, vice president and regional manager for the Utah and Idaho region, has been elected executive vice president and will transfer to the Salt Lake ccrporate head- Provo C.P.A. Merges Feverish of two new executive vice president Ragan, Sr., chairmanof the board and positions for the company. The elec- chief executive officer. on Dec. 21 ina tions effect a managementreorganiza- private plane crash at Provo. Utah tion following the t.agic death of BE Bradley E. Ragan. Jr.. succeeds his father as chairman of the board He had been elected chief executive officer earlier this week and has been president and chief operating officer since 1977 and a director of the com Smith’s Food Promotes Five Local Executives Silver to 12. DOOR CRASHERS Rog. to $45.00 Broken Sixes - $ 1 gs " Reg. $30.00 to $36.00 Sixes 7-12 vo cesseveveevens Reg. $39.00 to $57.00 Sins; 7-12 FREE ALTERATIONS FREE PARKING OPEN LATE MON& FRI. BANKCARDS WELCOME FREE PARKING IN REAR CLEARANCE SALE POLICY 1. Loyaways - 30 days 2. Exchanges with receipt 3. Credit Memos only. Cash refunds not given on Sole Goods. —— y The only clothing stove you li ever need 116 West Center, Provo |