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Show n ;ikr Sribunr Business 1 Friday Morning, June 17, 1977 I'aitf n Shallow Oil Well In Cisco Area New Products Corp has announced that its subsidiary, United Energy Corp , has struck oil in the Cisco area of Grand County during a drilling operation on acreage controlled by Union Texas Petroleum Dim sion of Allied Chemieal Corp United Energy is dill ling the land under a farniout agreement between Allied Chemieal and New Products The oil is the first discovered on the 4, Allied Chemical land and the first to be found by New Products, which is also operating on its own more than 14,000 acres of leases adjoining the farm out property Last month New Products announced the successful drilling of a natuial gas well on Allied Chemicals acreage and had preuously reported three successful gas wells on its ow n property John B Tenney, prexi dent of the New Products Corp , said the oil was encountered at approximately 2,650 feet and that nil indications are that we have a successful commercial oil well He said a final report would await completion and tests 4811-ac- Sales Rising NEW YORK (AP) W. Woolworth Co. F. ex- pects sales to grow 9 per cent this year over 197C, despite a slow start blamed on unseasonably cold weather m January and February. President Edward F Gibbons told the annual meeting at Kansas City Thursday that first-quart- er results were not indicative of the year as a whole. I t uh Offers Directory Of Minerals The Utah Geological and Mineral Survey, 606 Black Hawk Way, has made available to the public a new directory of mineral producers and properties m the state. Utah Mineral Industry Operator Directory 1977 has been compiled by Carlton H. Stowe, state mineral information specialist. The directory is arranged by county and the names and addresses of mineral operators and their properties The cost is $3. It can be obtained by sending orders, plus 30 cents for postage, to UGMS. Storage Rental Business Booming in Utah 'Select Hotel Leaders To Meet leaders of the hotel and lodging industry from around the world will gather at Hotel Utah Friday and Saturday for the semiannual meeting of the Preferred Hotels Assn Formed nine years ago with eight charter members, the association presently consists of 26 members m 22 cities in North America and 11 members in nine cities m South and Europe Americans have become so affluent a them just dont have room m their houses to store all their belongings And the Wasatch From counties of Utah are included m a boom in storage rental Thousands of units ranging from 4 by 4 feet to e huge combinations can be spotted from the freeway at either end of Salt Lake, Utah. W eber and Cache counties as well as a lesser number in others lot of office-storag- South of Salt Lake City mostly in the area around 3rd West and 45th South many of the cinder block storage rental properties can be seen, with giant signs advertising the firms name and telephone numbers in large type A check of a few of the companies showed rentals range all the way from a month (thats for the with $8 metal door, metal partitions jand con- , rete floor) to the office mmiwarehouse models as high as $109 monthly. Managers said most people store furniture, but there also are sizes to accommodate boats and other recreational equipment Sure, there's a boom," said one of the managers People have so damn much stuff its bulging out of their houses and garages Another said he was in the business for a short while, but he learned there are just too many" such companies and frankly admits he just couldnt make " c fc'" i. ... Insurance? The companies insure the buildings themselves, property owners insure what's stored inside. Most of the firms offer security by constructing a house on the property for a live-i- n manager unit rental firms Storage such as this one ,liave sprou ted along freeways at north and south ends of the valley. America The purpose of the organization. according to Stuart G Cross, managing director of Hotel Utah, is "to insure the continued existence of the concept of individualized hotel keeping " Attaining membership in the group, according to Mr. Cross, is difficult. Before a tm candidate hotel is accepted for membership," he said, it must be inspected by three current members on separate visits A member of the as- Mr. Gudgell Mr. Jones Mr. Birdsall sociation since 1970, Hotel Utah is hosting the group for the first time Earnings Up For AT&T NEW YORK ported -- (AP) American Telephone Telegraph Co. has second-quart- & re- Mr. Bailey er net profit of $1.15 billion, up $211 million, or 29 cents a share, from a The Montek Division of 2268 S. 3270 West, has received a $1.4 million contract to sup- radio aids for air navigation for Oman, a small country on the Arabian Peninsula ply The equipment is designed for continuous, unattended operation in remote areas within the country. Each system is contained within a portable shelter and is capable of being transported over extremely rough terrain. STTdDIME OGDEN Area Business Tradewinds U and I, Inc , at its recent annual stockholdelrs meeting, announced three changes in its corporate structure. Reed Smoot, executive vice president, John M . Wunderli, director of legal af- fairs, was named assistant secretary. And Marvin Haney, corporate controller, was appointed assistant treasurer. In addition, L. S. Sam Skaggs Jr., was elected to the board of directors. . . George B. Gudgell, president of Bush and Gudgell, Inc., will retire effective June 30. Clarence C. Bush will succeed Mr. Gudgell as president. Robert B. Jones will become executive vice president. John Probaseo, Gale Day and Thomas Harvey will be vice presidents, and John Quick will be r. secretary-treasureThe consult- - MS) Supply TV Sets - TOKYO (AP) Victor Co of J apan, Ltd said it will supply color television sets to EMI, Australia A super gift for Dad polyester-cotto- n navy jeans, all in sizes 30 to 42 A front pockets and button flap Great fitting jeans with back pockets Orig 14.99 B Casually comfortable jeans with vinyl trimmed J- pocket3 and horizontal placket pocket Orig 14.99 C Sharp looking jeans with placket back pockets and double belt loops Orig 13 99 Mr. Shaw Mr. Tregeagle Mr. Green Montek Wins Contract year ago. The nations largest utility and most widely held company said that net profit in the quarter ended May 31, equal to $1.80 per share, compared with $939 million, or $1.51 per share, a year before Mr. Shewmaker iBUMxGffiTr FASHION PLACE - it was elected chief operations officer. SALT LAKE " " Ltd ing professional engineering firm was established in 1948. . . Three sales engineers for the Trane Co. sales office m Salt Lake City have been named membaxs of the 1976 Trane Top 10 Club. W. Douglas Shewmaker, Gary fidriley, and C. Robert Meadows received the honor from the heating and air conditioner manufacturing company for achieving sates in the top 10 per cent of the companys sales force . . Robert L. 4 keen is the new sales manager for C. W. Silver Co. Prior to his new appointment he was a division manager for an electrical motor dntributor in Oregon. . . Steven Q. Tregeagle Sandy, was one of 100 jrofessional photographers to take part in a special Catch Up to the Future III seminar held at Eastman Kodaks regional center in Dallas, Tex. The seminar wax sponsored by the commercial division of the Professional Photographers of America, Inc. . . William O. Shaw Jr., manager of the East Broadway office of First Semrity State Bank, has been named nee president, announced Frederick W. Champ, bank president. . . Gary W. Birdsall has been appointed assistant vice president and business development officer of the Sait Lake Division of Cmmercia Security Bank. He was recently employed with the Utah .Industrial Development Division. . . William Beutlcr has been appointed to newly-create- d position of executive vice president and chairman of the executive committee for the Bank of Utah. He was also elected to the board of directors of the bank. Mr. Beutler also serves as cashier and director of the Bank of Northern Utah and the Bank of Brigham City. The Bank of Utah announced that V. Ray Kennedy , senior vice president of real estate loans, and James K. Packer, senior vice president of commercial loans, have also been elected to the board of directors. . . A new sandwich shop will open June 22 at 271 S. Main The Stonecutter will be managed by Randy Barton . . William J. Harvey manager, truck division, Bennett Leasing Co., has been elected vice president . for truck renting and leasing for the Car and Track Renting and Leasing Assn, during the groups 23rd annual convention in Atlanta, Ga. . . Ken Whitehead has been named as the new manager of W. the . Sambos Restaurant, 1665 W. 4100 South, Taylorsville. He was in the restaurant industry for 15 years before joining Sambos. . . A new Harmans Kentucky Fried Chicken store was opened at North Temple and Redwood Road The new store Harman's Alice in is named honor of Alice Hardy, a long-tim- e of the store employe are Jim and Lynette Morton. - Budget Men's Wear, Salt Lake, Fashion Piece, and Ogden Mail and phone orders promptly filled end table, 24 round DRIFTWOOD TABLES NATURES ORIGINAL DESIGN The beauty of nature becomes a functional art form with unique driftwood tables in She sizes and shapes you want. The large solid driftwood base is waxed and buffed to a warm finish, each with an individual natural design, grain and color tone. Heavy glass tops are proportioned to enhance the driftwoods shape. An exi luxive RB comes the focal point of any decor design that t Auerbach's Personal Shopper, Box 1466 Sa't Lake City Utah 84111 v !i NAME j ADDRESS j j CITY j Check or Money Oder Account postage plus 5 sales tax ocktail tabic, 'x 5 'free form .ZIP STATE C O D Q Charge I Please add 75c for In Utah j Zr Jf. 328. . COME HOME TO RB FURNITW E SALT LAKE CITY FREE GIFT WRAP AND FREE BASEBALL purchased at any of Auerbachs four stores. TICKETS for all Fathers Day gifts 2855 Highland Drive 487-573- SHOP MONDAY t I iMMhMftUABQ 3 FRIDAY UNTIL I 9PM J 1 |
