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Show I 2ft II The Salt Lake Tribune Sunday March 1 lliiiu'ss Portmil LOW He Pilots Securities Ship R c i en 1 . Crain director of Hie Utah Securities Com mission, was atteiidinn a conference at which a h pothetical case of slock fraud was lieinn outlined "Tlu irollem ended with Charlie, we'll call him. movinn to I'tah. he Mi'Cullouuli. noted Tlie state has earned a reputation for stock fraud, he said. Iiecaiiseof Ctahs unique market, and hecause t h Utah Securities Commission is " "woefully understaffed ' Three yeais apo we had a staff ol five and todav we are authorized to have 111," lie said lie said the commission should double the staff within three years Of the 10 on staff two ate as sinned to lie full time investigators first Investigator Hired Tlie lust lull time investigator was lured in December McCullough 1tKO said Mr The Itah Securities Commis smn is responsible enforcing the state for sec- U ily. Mr McCullough said, with 1,073 listed in 1979 and .9 to at the end of the last fisc al year 1 urities laws All stock sold at public offerings is registered with the office. Most of the new registrations are concurrent with listings with the federal Sec-titles and Exchange Some 25 Commission jiercent of the total registered are sold only in u I'tah New stock lions have climbed stead Tnsu Off CAMPUS EXTENSION STUDY OAADUATES QUALIFY U CA BAA Hj & ht04'4 LOu'f rW''r'9 Cou'f U S r Coutfs v0 C Ou'tt 41 C not 'vQw'ta 'O' 80 UW SCHOOL ACQlSTf 1,000 new Registrations "for the first half of this fiscal year we have ,000 new registrations And. it has been slow because the stock market has lieen down, he said. Many of the new listings are energy-related- , he said. has Mr McCullough headed the Utah Securities Commission since Septemlier 19K1 He is a Salt Lake native, attended Highland High and holds degrees in accounting and law from the University of Utah. He practiced law in Salt Lake City for six u stock or new ius ohvc im usu rau routs sur TOLL MCANC1 UKK 800-423-453- uncut I IMHGINCT 972-176- 5 9S0W j7.l6j5 2 111 Soutti We have an excellent opportunity for the right broker to have your own prestigious office in professional surroundings, and be ASSISTANT MANAGER If or larga production runs 0 278-670- interested please cull Cliff White 355-610- WEDBUSH NOBLE, COOKE, INC. Members New York Stock Exchange 0 Stlllaki To four members of the Salt Lake Board of REALTORS for out- standing contributions to the Real Estate community in Salt Lake City 1981 REALTOR s OF THE YEAR years before joining Northwest STOCKBROKER INJECTION MOLDING MACHINE Idaol for small MCC SOUTHLAND UNIVERSITY 35 N. Craig Ava., Dapl. F Paaadana, CA 91107 cwncciomvc spccuusts 1 USINO LOW COST MOLDS '4 mkuk SH0VTIN UKSTMIN & pui PRESSURE PLASTIC H W. "Kam" A-Inc REALTORS has made Kammerlohr, CRS, GRI, with to real contributions both the estate and business the significant community In civic affairs he has been a director and president of the Salt Lake City Optimist Club, has actively served his church, has served the American Cancer Society and the hunter safety and marksmanship programs of the Utah Division of Wildlife Resources Kam has served the Salt Lake Board of REALTORS as 2nd vice president in 1962 and 1970. 1st vice president in 1963, and has chaired the social affairs, state and national conventions, arbitration and ethics, education, professional standards, multiple listing service, and forms committees He has been director of the board for six years and has served as director of the Credit Union of the Salt Lake Board of REALTORS since 1967 Pipelines legal department. "When I came here I explained I had a limited amount of experience in securities. Thats what they wanted," he said, because someone w'ith more experience might not accept the job Raise, Train Horses He and his wife, Patricia, have been married 13 years and have five children. They raise and train Arabian horses at their home in Sandy. "There is one horse my wife has had for a long time. It is a And we raise and train, and hope to show the horses, he said. They hope to get their children involved in the hobby as well and are involving them in by-law- RE-MA- 1 K , , , s 1981 COMMERCIAL SALESMAN OF THE YEAR Dell S Nichols, chairman of COMMERCE PROPERTIES, Inc entered the Salt Lake real estate business in 1975 In 1979 he joined six others in the creation of Commerce Properties He is active in both civic and church affairs, affiliated with the Society of Industrial Realtors, the realtors National Marketing Institute, the National Association of Industrial and Office Parks and the Salt Lake Industrial Realty Exchange Group He has served the Salt Lake Board of REALTORS " on the zoning, the former Realtor Associate division, legislation and taxation and the board services committees He chaired the new industrialcommercial committee in 1981. He is an instructor for the Industrial Real Estate course in the G R I education program of the Utah Association of REALTORS" , 4--H Workers Go on Strike BOO OSLO, Norway (AP) More Craig McCullough administers "woefully understaffed Ctah Securities Commission, in a climate demanding personnel. Layoffs Mean Bonanza for Other Firms 1 ,os Angeles Times Sen ice But - ANGELES The massive layoffs in the ailing airline industry is providing a bonanza for some other LOS linns The Management Group lne . a Santa Monica, Calif based consulting irm that specializes m data processing The company has had a growing need for management personnel with at least 15 years' experience in electronic data processing, hut the pickings have lieen scarce .1 1 A the airline cutbacks have changed all that, according to Mary Troyer, JIA vice president. "Six months ago. I could only find about two people a month to interview Now Im interviewing 10 a week." She says JIA has landed four former airline industry executives in the past month A few who were offered jobs decided to remain at their airline after the carrier matched or battered JlA's utter (Copyright) than 800 white-colla- r workers at Norsk 1 Hydro, Norways largest industrial concern, went on strike over the duration of a new wage agreement. Frandsen's life is dominated by the real estate business He met his wife, Nancy,, while selling summer recreational property in Scofield, Utah He entered the real estate field in earnest in 1977 after receiving an Associate Degree from the College of Eastern Utah and B S Degree from the University of Utah He is now with Empire Real Estate He has served the Salt Lake Board of REALTORS on the education committee for three terms and on the UAR fall convention committee for one term, and the realtor associate committee for term He served both his church and his community and is active!-- , in his local PTA. He and his family sponsor Emma Gomez, a resident of i" aid in to an her education and in Philippines, learning to become a good getting . citizen Gale director, Managing Odd Narud, told the Oslo newspaper Aftenposten Saturday that the company would lay off 6,000 workers at four company plants in the next couple of weeks. The strike started Friday evening. "The effects of this (labor) conflict may be so serious for Norsk Hydro that it may mean the end of some of the weaker units within our concern," he was quoted as saying ' Service" should be Gerald P Werrett's middle name as he functions as secretarytreasurer for the Salt Lake Board of REALTORS His primary duties with the board are '"& budgetary and accounting, making sure the Multiple Listing Service works smoothly. public relations, publication of the Salt Lake REALTOR, board activities, professional of the Credit Union, and liaison with the state association standards, secretary-treasure- r He received his first indoctrination to real estate following his discharge from the United States Army Air Corps He was employed by the U S Army Corps of Engineers in the Real Estate Division as chief of the Leasing and Management Section He began his employment with the Salt Lake Board of REALTORS in 1948 His years of service are recognized by receipt of the 1981 President's Award - less in modem building, located on Freeway offramp. Rebate payable on date lease is signed. Amount proportionate to the area leased. 982 1 Owner Money Market Rates This Week: 972-250- '. 1981 PRESIDENTS AWARD for lease. 10,000 sq. ft. or 5 thru 3 d : OFFICE SPACE 1 R eight-year-ol- $5,000 REBATE Effective 3 98 1 RESIDENTIAL SALESMAN OF THE YEAR 0 The Salt Lake Board of REALTORS 51 0 & ,S: :7: - 3? Deposit $10,000 for 1 year and earn $1,650.00! r' - 1 K i'tL - .it 9318 South 700 East, Sandy - Open Monday to Friday, 9 a.m. 6 p.m. 566-366- 9 Inb t Loan Guat nt housed dollais by Accounts protected to a max in um of Corporation which is not an instrument! t, n tp State of Utah oi of the FeOera' Government 15.5909?. Tlie effective annual ield on all Money Market accounts. Six or 12 months. S .(XX) minimum. Though interest rates are dropping, we guarantee 15.5909? effective annual Meld on our 14.7509? rate through Tuesda), March 16. 1982. All Overland Thrift accounts tire protected up to S15.(XX) by the Industrial Iwxtn Guaranty Corporation of Ctah which is not an instrumentality S 'TV j of tlie State of Utah or of the Federal Government. Overland Thrift is a wholly owned subsidiary of American Savings and Loan w ith assets of $2.3 billion. if &L o tit x. 235 Main, Salt Lake. 322-5336.8- a: m A, y Main. Roosewlt. 0 1 zur 1 4 722-24H- T ftI"-- 2- 14 On. y 4 i |