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Show The Salt Lake Tnbur.e 4 1) Mobil Oil Takes ruesdd,Md 7, 1X5 1 1 1 !' ft IImk ll.immoml i irt Step I Changes Planned lor Montgomery Ward said process continues, hmerU, Mobils vice president for ' publn affairs It is not inconceivable one or two other be that tht rell t mi nts over the months" ahead about othtr businesses On tin New York Slot k Exthangi Mob.! climbed as much as $1 25 to a new 52 week high early Monday before giving up the gains to close down 50 cents at $12 62L a share with more million shares changing than 2 hands Some analysts had recommended selling the stock following the announcement Raised Dividend The restructuring for Montgomery Ward is the latest in a series of retrenchments in the oil industry Continued From D-- l man of Mobil, said in annount mg the restructuring No Negotiations Mobil did not say how the company might operate independently, but did say that so far, there have been no negotiations to sell Montgomery Ward Among the possible alternatives to a sale is a spinoff of the to Mobils shareholders The announcement had been e pected ever since Mobil disclosed in January that it had retained the in vestment banking firm Goldman Sachs & Co to help its management evaluate its businesses And Mobil did not rule out other restrm tunng decisions later "That S , om-pan- y 1 Producers Livestock Auction for .May 3 targe frame SAUNA Producers Livestock Auctiun for Mav 3 Salable at auction 1,387, compared to 967 last week and 1,429 last year, average attendance Good demand on feeder cattle, tali to good demand on slaughter cows Feeder steer uneven, thin fleshed cattle tor grass 2 00-- 4 00 higher, fleshy steady Feeder helf ers mostly steady Slaughter cows mostl 1 00 lower Slaughter bulls, few, steady Sup-p- i y about 80 pet feeder cattle Feeder Steers Medium and lai ge frame 1, 0 lb 68 00 79 00, mostly 71 00-700, 0 lb 67 00-700, mostly 7 00 75 00, 500-60- 0 lb 65 00-6- 9 00, Individual 505 lb 74 00, 600-70- 0 lb fleshy 59 00-6- 2 lb 54 62 00-5- 6 2 Holstelns lb 45 500-86- 00- - 50 50 F eeaer Helfei s Medium and large frame 300 400 lb 56 00 500 600 lb 55 00 700 850 lb 52 00-6- 1, 00-6- 0 5 50, 00, 00, 0 600-70- 0 lb 56 lb 54 most partly 00-- fat- tened Slaughter Cows High cutter and boning 34 50 36 00, Individual utility 39 50 break Ing utility and commercial 34 00 36 50, cutter and utility 31 00-350, couple good 00, canner 27 00-3- 0 heifer ettes 42 50-4- 4 00 Slaughter Bulls. Yield grade 1, 1,550-1,90- 5 lb 47 lb 25, yield grade 2, 1,185-1,25- 0 39 50-450, young bulls for further feeding 00-40 50 lb 44 7 00, several package lb 57 00 61 50, 800-9040, 700-80- 0 50, mostly partly fattened, Just a week earlier, Atlantic Richfield Co announced it had raised its dividend by a third, will spend $4 billion to buy back stock and de of us gasoline business in the iid copper and molybdenum interests 1 Earlier, Phillips Petroleum Co agreed to sell $2 billion in assets, borrow $4 5 billion and buy back nearly half its stock to escape from unsolicited takeover bids Unocal Corp currently is offering to buy back 50 million shares of its stock for $3 6 billion and is considering placing nearly half its domestic oil and natural gas properties in a publicly traded partnership But analysts said they doubted Mobil would go as far. April Sales Help S.L. Finn Set He venue Record components manufacturer, an- Bruce Lazier, a former Mobil employee who now follows the company for the investment firm Prescott, Ball & Turben, said Mobils action is its "recognition of past mistakes lot going to pour any more money down the rathole nounced Monday strong April sales have helped boost its revenues to a record high of $1,809,271 B L. Fros, executive vice president, attributed the record revenues to a change in the company's sales practices One year ago, we began to handle our marketing in house and it has resulted in a 50 percent increase in our sales volume, he said "W'e found that about 80 percent of our sales were coming from 20 percent of our customers and decided to direct or sales marketing efforts toward those companies It has proven very successful Mr Frost said Transtarts April sales figures will not be available for several more weeks Com Tel completed the acquisition of Transtart on April 1 quite encouraging that theyre willing to bite the bullet and Some of us feared it take a write-of- f would drag on forever, Lazier said Hefty Backlog Com Tels largest customers include IBM and Ogdens IOMEGA Corp , he said Transtart sales, however, are not expected to heavily impact Com Tels sales for the remainder of the year, despite a $600,000 order to supply Eu This is not another Arco, said William Randol, an industry analyst at the securities firm First Boston Corp As for the impact on Mobil, he said, It is the remo al of a negative , "It . is ropean distributors with the automatic s ' ter, Mr Frost said At the same time he released the sales figures, Mr Frost said Com Tel Inc , Salt Lake computer the companys consolidated backlog Order a $600,000 orhave We currently der but it will most likely not go onto our books until the first quarter of our 1986 fiscal year that begins July 1, $600,000 of orders had reached $1 3 million also a historic high for the 15 year-olpublicly held concern d The sales did not include figures for Transtart Inc , the companys newly acquired subsidiary which manufacturers an automatic starting device for automobiles he said 1985 The current $1 3 million in consolidated backlog of orders does, however, reflect the integration of Transtart into the companys operations, Mr Frost said Com Tel specializes in the design and manufacture of precision-woun- d microscopic coils for the computer industry In addition to its Transtart deoperations, the company also has veloped a process which restores laser tubes used argon-io- n 71 When you purchase a 36 month Thrift Certificate of $500 or more, Western Heritage Thrift offers 12.00 interest. 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