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Show The Utah Enterprise Review , March 9, 1977 Page 3b Brewery Will Be Restored for Offices Albertsons Sales and Earnings Reach New High Bolstered by a strong fourth quarter, Albertsons Inc. announced growth record in both sales and earnings for the past fiscal year. Warren E. McCain, chairman of the board of the e supermarket chain headquartered in Boise, Idaho, announced sales for the 52 weeks ended Jan. 29, 1977, totaled $1,490,838,975, an increase of 17 over the $1,271,124,076 reported for the same period last year. 292-stor- for the Earnings re- McCain reported that Albertson's intends to open 27 new stores during the upcoming fiscal year, including seven of the large comy bination super combination stores in its new Southco Division. Plans have been made to close about ten older stores. drug-grocer- At the end of the year, the company sold its Mountain States Wholesale Groc ery division in Boise to a wholesale company under an agreement with the federal government. There was no significant gain or loss on the transaction. Sales to outside customers from this opera- tion to $43,400,000 during the past year. The company's stores formerly served by this operation will be supplied by its newr 335,000 square foot distribution center in Salt Lake City opened in the prior year. approximated tures a it bushes and trees, the area will be crossed with a bridge at the second level. "We are trying to retain the flavor of the old building, although it is difficult to match the original materSuch ials," White said. details as iron and metal work, wood shutters, old ve restoration project as the first of several development projects in Utah. "My family lives here, and I wanted a project to keep me here in the state, the Dickman ex33-year-o- high mall in the center, sky-lby a dome on the top floor. To be filled with work himself. Born in Utah and raised in Las Vegas, Dickman owns a chain of service stations in four states. He said he sees the current Gas-N-Sa- tw-o-stor-y light fixtures and ld wrood could elicit the building's historical flavor, the architect said. plained. Designed by Von White, architect, the building fea moldings year amounted to $18,183,030, as compared to last years $15,792,467, an increase of 15. Earnings per share, diluted by new shares issued in January, 1976, totaled $2.41, compared to $2.38 reported in the prior year. Average shares and equivalents outstanding for the year stores underwent major models during the year. Continued from juige lb negotiating financing for the project and contracting the True or False? Gn fi to amounted 7,560,199, as compared to 6,625,042 shares outstanding during the prior year. Sales of the quarter ended Jan. 29, 1977, totaled $404,011,905, an increase of 21 over quarter sales of $334,843,750 last year. Earnings in57 from creased $3,460,096 to $5,423,964 for the quarter. Earnings per share on the greater number of shares outstanding during this year's quarter totaled 72 cents compared to last years 51 cents. 13-we- ek 13-we- ek True, Just to outfit yourself in skis ($180), boots ($150), bindings ($60), poles ($20) and a day pass ($8) would cost you $418. The average cost to solo at Interwest is $300! Lets look at some other questions people ask about flying. 1. Can Anyone Learn To Fly? Almost McCain attributed the sharp upturn in earnings during the last quarter to the companys successful efforts in reducing operating and administrative costs under a g program implemented last summer and early fall. In addition, he reported some of the extreme competitive price situations in certain markets eased somewhat during the latter part of the year. anyone can be taught to take off and land, but becoming a pilot is a different thing. It takes the kind of person who likes a challenge and can apply himself . People who fly relish the satisfaction of accomplishing something out of the ordinary. well-round- ed 3. How Long Does It Take To Get A License? The minimum requirement is 35 hours of flight time for a Private License. By f lyi ng only twice a week you could acquire your license in 3 to 4 months. You literally learn at your own speed. 6. Where Should I Learn To Fly? Youll learn best, frankly, at Interwest Aviation. We offer programmed p aviation training with a complete system. Modem training equipment is used and every instructor is a licensed professional. step-by-ste- Do It? We dont know. But for 4. How Complicated Is It To Learn? Your are introduced to the basic elements of flying one at a time. First the effect of the controls. . .ease back on the wheel to climb, ease forward to descend. . .make turns by turning the wheel left or right to establish a bank. After several hours of practice you can handle the airplane instinctively - you'll move confidently in the realm of flight. 7. Can 5. Do You Have To Own An Airplane To Enjoy Flying? Not necessarily. Its very Act Now three-dimension- al only $5 you can take an Intro lesson and find out. Wte are offering a special introductory lesson for $5. We will take you up and let you feel what flying is all about. Then, for less than it costs to get outfitted to ski you can be soloing. And it's not far from there to your pilot's license. When you can fly, its something the whole family can enjoy with you. cost-cuttin- McCain also indicated the combination units operated in partnership with the Skaggs drug-supermark- et Companies in 2. What Are The Physical Requirements? You just have to be in general good health. Common sense and mature judgment are the basic elements of a safe pilot. Only a simple physical examination is required. Eyeglasses are no deferent. There is no maximum age limit. (Sixteen is the minimum age for solo.) practical for you and two or three friends to share ownership in a new Piper or Aerostar. Since flying can be enjoyed all year around, a share can be a very good investment. Many pilots join clubs or rent airplanes as you would a car. This time of year our classes fill up fast. It is important that you call early to schedule your Introductory Lesson and license course. Our numbers to call are listed below. several southern states made a strong showing during the year. The partnership was dissolved as of Jan. 31 , 1977, and the company will own and operate 30 of these combination stores and one drug store separately under its -- new Southco Division. The company opened 16 Albertsons supermarkets in California, New Idaho, Mexico. Oregon, and Washington. Seven older obsolete stores were closed during the year. In addition, twelve new Skaggs-Albertso- combination ns grocery-dru- g units were opened in Texas and Florida. Twenty-thre- e 295 North 2400 West Salt Lake International Airport Salt Lake City, Ut 84122 (801 ) 359-208- - ask for Nancy. 5 Ogden Airport 3909 South Airport Road Ogden, Ut 84403 (801 ) 399-- 1 1 23 - ask for Don. |