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Show The Utah Enterprise Review , March 9, 1977 iness is one with devoted personnel who spend a lot of time working, Price says. "I prefer a company with a small top management, and open communication. I dont want to see reports cross my desk. I want the management people to work as a team." He says the corporation is presently looking at the possibility of buying another broadcast company and one other concern. Another firm Price operates is a car museum called He Price Ventures, Inc. anticipates opening museum in downtown Lake the Salt someday. The ten "young lads" who are vitalizing the corporation have all been with the company for over a year. Price says. 18-ycar-- Page 13b Price Industries is currently building $89.5 million worth of new shopping centers and office buildings in six states. In Utah the com- pany's projects include the v Empire State Bank, a structure planned for construction at the corner of 2nd South and State St., ten-stor- downtown Salt Lake City, two office buildings at South Temple and 5th East and a $6 million medical condominium at 1 1th East and 39th South, along with four other projects. In Casper, Wyoming the firm is building a $14 million shopping mall. Other Unfortunately small businesses aren't established under conditions. In fact, the hot-hou- business atmosphere is downright harsh. First Security is a little bit like the florist. We help nurture small business along. We help out whenever and wherever we can because we realize that our success depends on your growth. Every kind of financial service is available to you at First Security trust management, small business loans, profit sharing management, or financial counseling of any kind. First Security helps because we recognize that mighty corporations from the smallest businesses grow. Foirstt Security Sonic shopping centers are being built in Idaho, Wyoming, Montana, se OF UTAH N A Member FOIC Colorado and Nevada. In Price Industries Cor- poration, Rex Frazier is now vice president of finance and Martin Peterson is corporate comptroller. In John Price Associates, Inc., Merv Torian is vice president, Ed Hansen is construction comptroller, John Shaw is manager of construction management services, Carl Olson is manager of commercial construction and Angus Molli-so- n is manager of industrial construction and estimating. In Price. Rentals, Steve Pruitt was named director of leasing and Marv Dobkins was named tenant coordinator. In Price Management, Inc., Dick Hatfield was named manager. Price attributes the corporations burgeoning success to its full service" concept. Boasts Full Service Concept "We have competi- but not tors, Price says, many companies can offer as many services as we do. He boasts ability to conduct a site study, do construction, find financing, and manage and lease properties for a client. Not many competitors have a better program, he concludes. Merv Torian We do market studies in all communities," Price says, explaining his planning We determethodology. mine the growth patterns of the community and analyze existing shopping facilities. When were finished, we know how much each family consumes and how that differs from what consumer goods are available. Then we know at what level more shopping centers will become necessary." Business Formations Reflect Limitations of Short Month Reflecting a short month, Februarys business figures declined slightly compared to those of the previous month. During February 265 new profit corporations were filed with the Secretary of State, 16 percent fewer than were registered during January, but 4.7 percent more than were filed during the same month last year. In Salt Lake County, 146 new businesses registered with the Department of Business Licenses, 4.5 percent fewer than were registered in January. In Salt Lake City, how- ever, the figures defied the trend elsewhere. The Department of Business Licenses reported 102 new businesses registered last month, 32 percent more than received new licenses during January. WHAT PRICE COFFEE? As if you didnt know, coffee prices are up. For that matter, cocoa is too. During the last year, coffee rose on the commodity markets from 550 a pound to $2.50. In the same period of time, cocoa jumped from 900 to $1.85 a pound. Although speculation involves a certain amount of risk, many people just like you have turned these increases into profits while limiting their risks through the use of options. If you want to know how they did it, call us. Were the option people. gottfton (Sommobitt) 1341 SO. STATE ST., 210 - SALT PHONE (801) 486-358- LAKE CITY, UTAH 84115 1 NOW WITH OFFICES IN SALT LAKE. NEW YORK. NEW JERSEY. OKLAHOMA CITY. MIAMI. HOUSTON, DALLAS, HONOLULU AND MOLINE, ILLINOIS |