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Show Flying Diamond Oil Corporation notes net earnings Flying Diamond OQ Corporation today reported that net earnings for the third quarter ended September 80, 1976 increased to $8.1 million or 76 cents per share from $2.8 million or 65 cents per share a year ago. Revenues for the quarter rose to $10.6 million from $9.9 million In the third quarter last year. Net earnings for the nine months were $9 million or $2.17 per share compared with $9.6 million or $240 per share for the yearearlier period. Revenues for the first nine mooths of 1976 were $80.7 million compared with $30.8 million fa the same period a year ago. H. P. MeLiah, President, attributed the increased net earnings in the third quarter to higher prims and increased production of crude ofl and natural gas. He added that earnings from the companys coal operations remained eeaentially even with the 1975 period. Mr. MeLish also pointed out that third quarter 1975 results included a provision of $286400 or 7 cents per share, after income tax benefita, for losses from ecu s.r-'.v.- nine-mont- low-sulf- 1 r y , t -- ? . tt- y:; i.,' .1 V '' Vv! V ? ... ,1 i 1 ' v' '! i- , : ' ' I' ?. personality, businessman Albert Crumbo, age 81, of Roosevelt spends much of his time these days sitting behind a worn desk in his small business office filled with relics of the pest and reminiscing with others about Mr. Crumbo, a DeSoto-Plymout- h dealer started in 1920 when he took the agency at Ft. Duchesne for and distributed a gas burner until 1931 when he took the DeSoto-Plymout- h dealership. Albert moved from Ft Duchesne in 1941 to his present location on main street Roosevelt where he added another twenty or so years to his tenure in the automobile business. It has only been in the last few years, that Mr. Crumbo gave up bis dealership after 55 years. Mr. Crumbo came to the basin in 1911 from Oklahoma to visit a sister and never returned. I had a cotton farm in Oklahoma and while I was visiting in Utah the bottom fell out of the cotton business so I never went bade, Mr. Crumbo said. With a living to make Mr. Crumbo went to work at Ft Duchesne. He mails working in his first garage in 1920 and at the Government Hospital on the hill, (now the BIA building). Albert remembers the flu epidemie of 1918 and how, owning one of the only two ears in , the vicinity he hauled two teadiers for the area to different communities on the Willys-Over-lan- jt "V' if 4 m L v..i PERSONALITYBUSINESSMAN-Albe- rt Roosevelt Crumbo, .stands in front of the business premises he has occupied since 1941. Mr. Crumbo was dealer for 55 'years first in Ft. Duchesne and then in Roosevelt. , . November 18, 1976 Albert Crumbo, outstanding the old days. " estimated reimbursement to the companys erode oil purchasers as the insult of a clarification of the term property as it relates to old", new and released production. He also said that net earnings for the h period of 1976 were below the 1975 level primarily because of lower coaL prices and production of Flying Diamond produces coal, od and natural gas and is also engaged in ranching and real estate operations. The owned by Gulf and company is Western Industries, Inc. STANDARD PERSONALITY OF THE WEEK d, reservation where they doubled as nurses caring for the afflicted. The teachers were sisters and at one time I had to take them from yVhiterocks to Ouray where the bench roads were drifted full of snow and we had to back track and go down the river road, Mr. Crumbo said. Items and articles from early newspapers briefly outline Mr. Crambo's past In the December 4, 1914 edition of the Vernal Express an article from the Whiterocks community reported a dance on Thanksgiving night given at the home id the Walter Daniels in honor id the newlywed couple, the former Ruby Grimsley, Tridell, and Albert Crambo. Another item, is a 1917 edition reported Albert purchasing a new 1918 model Ford car. Albert today enjoys building cars from old car parts, working on antique cars, making walking sticks from sticks collected on drives in the country and visiting with old friends. He also enjoys and is known to be very good at Trap Shooting. Mr. Crambo is the father of two daughters, Mrs. W. 8. Shirley Murdock and Mrs. Kenneth Jean Labram. His wife and companion Ruby passed away early in October prior to the couples 62nd wedding anniversary on October 26. 4 si Elder Dennis Orvel Hoopes has been called to serve a two year mission in the Australian Sydney mission for the Church of Jesus Christ of Latter Day Saints. Elder Hoopes will speak Sunday, November 28 at 1 1 :30 a.m. at the Whiterocks Branch meetinghouse. He will enter the mission home December 4. He is the son of Mr. and Mrs. Stanley Hoopes of Whiterocks and graduated from Union high school with the class of 76. |