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Show Enterprise Review , May 5, 1976 Page 2b Bankers Mull Automated Clearing House continued from page lb polling company employees. Some employees may want paper checks, he said. We would need a letter of authority from them before we could convert to this new system, he added. A payroll accountant with J.C. Penney Co., which pays over 10,000 said. He added the office would employees in five states, said conversion to the automated need worldwide cooperation system, would be costly. We approval before converting to would ' have to rewrite our such a system. I know this program and change xwr com- has been discussed among puter system, and we would corporation officers, but 1 dont know what they. decidprobably have to add additional people to our staff, he ed, he said. to automatically withdraw insurance payments or said nineteen auto- - ments to utility' companies mated cleaminghouses have from individual accounts, he been established in the explained. He added such country within the past two. withdrawal authorization years. More than 10 were would need to come- from formed just this year. Paper individual consumers, Nelson said bankers do not just moves too slowly, he complained. The advantages expect sudden acceptance of of the automated system far the new system. We internal accounting pate it will be one to three problems inherent in a paper- - years before the majority of local businesses participate in based system. An automated clearing- - the system. Most will take the house is a small step in the attitude, Let the big compan-directio- n he speculated, to stem the tidal ies go first, He said are anticipat-futurbankers wave of paper expected in the he continued. He ing conducting a heavy added the system is by no marketing campaign to sell means limited to depositing the system to the business paychecks. We can withdraw community, funds, too. We would be able Wide Acceptance pay-Nels- antici-outwei- on gh e, Study Recommends Complex for Property If you hold your sales meetingsconventions downtown , youre asking for trouble. Sales meetings and conventions are meant to be attended. So why risk losing your flock to the downtown attractions? Although we're located away from the downtown area, we dont think youll miss a thing. We serve delicious meals in surroundings that are relaxed, yet conducive to productive seminars. Audio-visuequipment, sound systems, special lighting, land a variety of room arrangements will guarantee you all the versatility necessary. Adequate parking? You bet. we have to. At Four Seasons for large groups-becau- se We specialize in providing al full-servi- West, the groups stay large. continued from page lb good design. Dark cited the success of Trolley Square as evidence that local residents respond to novelty. Trolley Square is crowded all the time. Its only limitation is parking space, Dark said, adding a license plate survey supported his contention that most Square shoppers are not tourists, but .local residents. High Income Appeal Discussing the complex he proposes for the property, Dark said it should cater to a e The clientele. retail space should include specialty pro-- . ducts. It should appeal to a different crowd than most e shops now do- -a crowd, he said. He likened his concept to the shops housed in the Hilton Hotel. The. Hilton could support three times as many shops as it now has, he said. "There is ample support for the- downtown area here, Dark stated. People like to Dark has come downtown. been studying consumption habits of downtown workers and investigating the spend- -' ing patterns and sources of downtown shoppers. He - city-own- WEST 3618 HIGHLAND DRIVE Design Important his proposal. In Dark emphasized a need for open space to be included in the complex concept. Design of the space is often as important . as the items for sale, he said. At the same time he acknowledged the economics of open space do not allow for its inclusion in many designs. Who eats the cost of open space-t- he developer or the He referred asked. city? he to the availability of greenery and seating areas as deferred maintenance for the city. The city needs little pockets of open space, he stated. In the end, the current land value is not important. The use made, of the property will stimulate economic activity and raise land value. The city should not be concerned with the current land value. But with the propertys long term value. That comes from the use to which the land is put, he said. Chitwood, Agency director, later said he agreed with The Darks basic concept. found most downtown idea of a come from the sub- complex is compatible with shoppers urbs north of Murray. our studies in the past. The Dark described as staggermodern trend is toward a the amount of office multiplicity of uses, like the ing space that has been built in one he described, Chitwood the the last few said. hotel-retail-offi- FOUR SEASONS Employees in these offices are a captive market, he said. They will shop downtown while they are there. years. . ce ed high-incom- 466-437- 5 high-fashio- n, . (&&SB0 high-incom- , O (kau'totti) (EtsHBeoo Rforntd) Gumfe 0 - WEST AMERICA CREDIT CORP. WILL PAY FULL CASH VALUE ON MUTUAL FUNDS WHEN CONVERTED TO WEST AMERICA CREDIT CORP. BONDS. 5-YE- Effective Annual Yield on Bonds 5-Y- ear AR retail-hotel-offi- city-duri- CIRCULAR- - ' Wrst America Gcdrt (A supervised lender under Utah statutes) 1587 South Main Street Salt Lake City, Utah 84115 PHONE 487-879- 6 I would like more information. Please send free offering circular. Yes. NAME ADDRESS. CITY STATE . ZIP No obligation, naturally! OFFER MADE TO BONA FIDE RESIDENTS OF THE STATE OF UTAH ONLY ng . Hinkley and Higgins Team Advertising Talent Advertising men Fred Hinckley and Ray Higgins will join forces May 1 to form Hinckley and Higgins Advertising. The new firm will be located in Suite 300-- of the Kearns Building. Fred Hinckley has operated Fred Hinckley Advertising Production Services since 1973 after having associated A NE 3 ce Harris and Love for 13 years. Higgins operated an agency and worked with Metromedia in New York City before returning to Salt Lake City. Currently he is Fred J. Glotz on KSXX Radio, and advertising manager of Western Film Service, a Transamerica |