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Show tribune akr ,alt 3J)r Thursday Morning. October N-tiu- 15. 1981 I'uiri- C - 2 rriott Hotel Opens Doors In Salt Lake City Today The Null Lake City Marriott Hotel. 75 Wc-- 1 Temple, opens its doors to customers Thursday morning with features siieh as a swimming pool with a convertible top and luxury suites that w ithout a bed. cost some $31 it a day S t The hotel is the 91st in the 518-roo- Marriott Corp chain of hotels It also marks the return to J. Willard Marriott, who left 1927 to open a root heer franchise in Washington. D C'.. 54 years worldwide. I'tah I'tah of in ago. His diversified operations now include hotels, contract food services, restaurants, theme parks and cruise r 'tx.&wsi A' mmsl ' lap. '$ presidential suites. The hotel and oens to the public Thursday. X ' Joan Armstrong, convention sales manager for Salt Lake City Marriott Hotel, sits in one of the has $:iOO-a-da- y 51H-roon- is .' , ships. The official grand opening is Oct. 22. Officials said the Marriott Corp traditionally allows one week between aliening and official ceremonies. Chiefs to Attend J. Willard Marriott, founder and chairman of the board. J. Willard Bill Marriott Jr., president-chie- f executive officer, and other major executives of the Marriott Corp. are to attend the ceremonies. Wednesday, the hotel sponsored a media tour of the new hotel, which is managed by the Marriott Corp. and owned by Metropolitan Life Insurance Marriott Corp. and Marriott family ' he said. Luxury Restaurant features include a luxury restaurant and pantries or a parlor They cySt some $5it0 a day. but don't im lode sleeping space, officials mid They noted that some Inisinessihep,' use the facilities to meet clients or bur L'ubeille. Allies, a restuarant serving o traditional favorites: two lounges and a business meetings. A single room costs ruin $ id to Utah State Liquor store: ballrooms of a double Irom $02 to $s2 9.100 square feet and 3,800 square feet, Underground parking for 170 curs tow and a swimming pool with a retractable a passageway connecting TO., skylight, which can be opened in warm well as weather and closed in inclement hotel to Crossroads Mall are matures'1;,1 weather. The hotel employs 150. On Weduji-day- . Marriott specialists The luxury suites on the top floors of were instructing the swtL the hotel, called the Presidential on operations. Suites. feature wet bars, refrigerator r nrrM ib.0-an- I lnwr-Washingto- A Aj7-- Ji'V'iA TEN MOST WIDELY FOLLOWED STOCKS IN UTAH P.E. 1981 f Ji Sales Co. Invasions Are Warv Dim) Interest Fears Spur Mart Dip The stock drop in six weeks Wednesday amid concern over third-quartearnings rejsirts and fears that interest rates were headed upward again. A broad range of blue-chi- p and glamour issues sustained losses of a point or more. Some stocks that had run up Tuesday on merger rumors also tumbled. Tile Dow Jones average of Jtl industrials fell 1.93 to 850.05, for its largest loss since it dropped 17.22 ixiints on Aug. 3. sued to date. Among those posting profit declines have been International Business Machines. Honeywell and The daily tally on the New York Stock Exchange showed almost three losers for every stock that gained ground, and the exchange's composite index slumped 1.10 to 08.97. ' Analysts said investors' wariness about interest-rat- e prospects was evident Tuesday when the market made no favorable response to a reduction in the bank prime lending rate from 19 to 18 percent interest rates rose on Tuesday, and most were higher again Wednesday. The closely watched rate on federal funds, overnight loans between banks, hit 15 percent Tuesday and on Wednesday reached a range of Hi to The Market In Brief YORK tAP) look its sharpest NEW market NCR. mi3.: Data General National Semiconductor Datapoint 2 to 45. 1, F 1 traded as high as 72. Among other technology issues. Texas Instruments fell 3 to 83: Digital Equipment 2 to 92 ; Control Data 2 New York Stock Exchange Wednesday, Oct. UP 40,260,000 - V"J 0XMi-mark- 14, 1981 VOLUME 385 . SHARES ISSUES DOWN 1,113 Ill response, at least two large New York banks raised their broker loan rates, contributing to fears that the recent decline in interest rates might be oxer. Analysts said the market was also weighted down by weakness in many of the third-quartearnings reports is nine-mont- h tax-los- $133,393 ill 1980. Mr. Hoffmann said the company using its new Mobile Production Unit last month to produce NCAA college football games for a cable television satellite network I'elemation. based in Suit Lake City produces TV commercials and training tapes at studios in Chicago. Denver and Seattle . Utah. Japan to Join In Energy Venture? Ruters News Agency Stale ot Utah Wednesday called tor lull it development ot coal with Japan and Japanese participation in nil and gas drilling exploration and other projects in the state. Utah U. Gen Dviil Moiisun and William Sadlier. adviser to the US administration of cnci gy policy and executive vice president ol Standard Knergy i orp told reporters here their state had high quality with low sulphur content. Imt lacked capital The SPECIAL OFFER improved S1 V ' & 'ft. ( lH 3.500 .7 , ii.jiiciikj Available feii Yu-j- 52: and true world f rn-- i Us J OR TEXAS INSTRUMENT f 1,3? Ivlr precious metals from the Investing that know! 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Ur what sort of options are a ailable to make our phone do more for you. And there's much more. And of course, it ou haw anv other questions, the numbers you need to get in touch w ith us are all there, too So if ou w ant to get niotv out ot our plume sen kc. turn to the trout ol the phone hook. nd let the (aistomer Guide show ou the wav Do Mountain Bell f isy to 19. For the way you live. IMDRE.QINYON ESX4TES, V.- view lots from to A FINANCIAL EXCHANGE Telcinatiuti Im-- reported earnings Wednesday of $4119.070 or 38 vents per share compared with $210,953 and 22 vents a share lor the same period a year ago. President R. Terry I loll maim said thi represented a 70 percent increase in earnings and a 21 percent increase in net revenues. He said the Figures are after extraordinary credits s resulting from reduction ot taxes by use of a carry forward. Profits before credits for the nine months were $235,335. he said, compared with One-acr- e Marriott. Welxr County, have been invited to stay Thursday night. Mr. Georgalas noted there were no special events planned for these first-nigguests, who will stay free. This is a time for reminiscing for the Let Brazier shew you how a $1,500 investment in precious Telemalion Reports Earnings Increase TOKYO 'Editors, brokers consensus; subject to change. general manager, ht to IBM shares, which fell I3 Tuesday, dropped another 'a to 52 4 as of the 4 p.m. close in New York. W'ithin the past year. IBM stock, the No. 1 holding of investing institutions, 1 . Georgalas. noted that all Utahns who have the last name of Marriott as well as residents of t |
