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Show Page National Enterprise , June 9, 1976 Two Carterfone Registers Increased Revenue Billings Gets Contracts PROVO, UtahA contract for $300,000 has been signed by Billings Energy Research Corporation (OTC 5.75, 6.25) and Mapco Oil Company of Tulsa, Oklahoma, for a feasibility study to determine what type of coal classification plant should be built by Mapco in the Provo area. Making the announcement at the companys annual meeting last week, president Roger E. Billings said the contract represents the first of a three phase project to construct a coal gasification plant for production of hydrogen. Billings is also in the midst of negotiations with John Deere Corporation for the construction of a hyon Billings drogen farm Ironton property purchased last February from Brigham Young University. The farm, Billings said, would consist of a farm house complete with appliances, irrigation pumps, farm vehicles, etc. to be powered entirely by hydrogen. Thirdly, Billings Energy Re- - A TMs was me a tonncMoad off search has obtained a grant from the Energy Research and Development Administration (ERDA) to further refine the hydrogen powered mini bus in operation in Provo now with DALLAS, Communications Corp. (OTC 2.50, 3.00) has reported a 79 percent increase in net income on a 27 percent increase in revenues for the six months ended March 31, 1976 when compared to the first half of fiscal 1975. Revenues for the period were $4,517,000, compared to $3,547,600 for the first half of fiscal 1975. Net income was $510,000 (24 cents a share), compared to $285,000 (14 cents a share). Weighted Texas-Carter-f- the objective of eventually adding another 13 buses to the fleet. directors were reelected to the board with the exception of John K. Hanson, Chairman of the Board of Winnebago Industries, who announced his All was 2,082,935, 1,966,031. G&K Pays outstanding compared to The company attributed a substantial amount of the e increase to three transactions: -- The sale, in the form of Dividend one-tim- MINNEAPOLIS, May 21-board of directors of G&K Services, Inc., (OTC 4.375, 4.875) declared the regular quarterly dividend of 10 cents companys per share on the common stock. ' .The dividend is payable The gatrlba. shares average one a $1,697,760 six-ye- ar lease-purch- ase agreement, of 524 installed data communications terminals to the Howard Johnson Company. -- The sale of a limited, license to manufacture modems utilizing non-exclusi- June 28, 1976, to shareholders of record June 11, 1976. ve design to a leading terminal manufacturer. Dal-Dat- th a, Dal-Dat- Dal-Dat- low-spee- 35-offi- ce installs and organization maintains Carterfone rental owned by others. Grand Central Has Impressive Quarter TMK NATIONAL Disposal System has been reducing garbage volume by 90, converting it to a valuable energy resource, and doing it more efficiently than any other system on the market today. six-mon- Carterfones proprietary terminals and terminals There are 814,320 shares of common stock outstanding. For 15 years, the Clear Air Solid Waste acceleration of the assumption of maintenance responsibility for 600 terminals owned by Transamerica Computer Co., Inc. James K. Devlin, chairman of the board, said the last month of the period includes operating results of Inc. Carterfone purchased all the common a in March. stock of a is believed to be the nations largest independent company supplying terminals exclusively to the TWX-Tele- x Its current market. revenues are at an annualized rate of approximately $1.3 million, net of maintenance. Carterfone rents, leases and d data comsells munications terminals, such as teletypewriters. The company also manufactures and sells a line of electronic interface devices used to couple terminals to communications Its lines and computers. nationwide service -- The 50 Cents Per Copy Subscriptions 924.00 per year The National Interprise is published weekly by the National Enterprise Publish ing Company, Inc, S00 Continental Bank Bldg., P.0. Box 1 1 771, Pioneer Station, Salt lake Gty, Utah 84147. (801) 6 533-055- Second Class Postage Paid n Salt Lake City, Utah SALT LAKE CITY. Utah-Signifi- cant third quarter results of operations were released today by Grand Cen- tral, Inc. (OTC 10.375, 10.50) Salt Lake City, Utah, based chain of 22 department stores. It George Gregorian self-servi- ce Publisher There will never be a shortage of garbage, only a shortage of space to put it. Alone El 6entley Editor As this problem becomes increasingly acute. Clear Air, Inc. will continue to pioneer the most efficient systems of solid waste disposal and materials recovery recyding-wi- th energy generation in the bargain. EPA standards? We exceed them all. Clear Air. Inc. .'..meeting the needs of the future. For the Mary McMHIan debar TanyOwenger Stall Reporters Peter Harrison Operations Manager 97 CoBd Aw. P.O. Bob 111 Biflilo, N.V. 14216 W OfdM. Utah 64462 O Doris Wartfle Circulation Manager P.O. Boa j) " Bairtlatl III. 60169 y $104,250,431 in 1976. on SOLAR ENERGY HOMES DISTRIBUTION CENTERS Swimming Pool Heating Systems Home Heating Systems Water Purification Systems NEEDED FOR week during the thirty-nin- e from 68 cents one year period a to ago present level of $1 .54. In describing the impressive increases. Grand Central President Don A. Mackey said, The fact that our earnings increased 135 percent on a 16 percent increase in sales can be attributed to a combination of continued positive trends in the retail industry and the general widespread, e acceptance of our department stores in Utah, Idaho, Nevada, and self-servic- klVi in- - tlilWI- - ((V Earn- ings per share increased Offering components for complete k. m k period ended May 2, 1976, net income was $485,426 compared to $206,984 for the corresponding period of a year ago. Third quarter sales were from $4,110,336 up in 1975 to $26,158,020 in 1976. $30,268,356 Earnings share the per during period were 31 cents compared to 13 cents a year ago. For the thirty-nin- e week Grand Central, Inc., period, income at net reported $2,429,550 as compared to ' $1,072,748 in the same period of a year ago. Sales correspondingly were up, from in 1975 to $95,286,375 Ryan 6. Poulton Business Manager Bag. thirteen-wee- - tKl- - tftlMtoi to Ulti uiKfttlf -- K9H- |