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Show the ENTERPRISE ft D Expanding store Jensen Interiors plans exterior move Barbara Jensen Interiors, 1105 E. 3300 So., plans to begin an expansion program in July that will add 60 percent more space to the display floor and move the stores entrance off 3300 South to a new front on 1100 East. Vice president Lowell Jensen said plans call for remodeling an adjacent shell that Bud Ferre breaks ground for F. G. Ferre and Sons new $700,000 warehouse and office as Fred and Randy Ferre look on. The building will be a joint venture with ADDCO, age. With the addition, total mm office-warehou- by F.G. Ferre and Son and AADCO. The new 22,000 square foot complex, at 3750 W. 2100 So., is expected to be completed in Campbell designed the concrete block building, which is divided into 17,000 square feet of warehouse and 5,000 square feet of office space. Fred Ferre, president of Ferre and Son, mid-Novemb- er. Money squeeze Continued from page were asked at 6.64 percent on Wednesday), savers move their savings to instruments with higher returns, leaving the savings & loans with all those long term assets and a very thin veneer of short term liabilities. Clebb said, Disintermediation is not a problem now, and we dont think it will be in the foreseeable future. But Burt felt some of it was occurring right now. Were seeing a little of it, our growth of deposits has slowed considerably. Christensen said First Federals net savings growth since the first of the year is off more than 60 percent from its feet. By moving the store's entrance around the corner, the store will said Jensen, face one of the main arteries leading into the Brickyard Mall. The new facade was designed by the firms own designers. As well, Jensen Interiors building a commercial structure on 34 of an acre it owns across the street from what will be the new entrance. If built, the space would be leased to firm with Barbara Jensen using the basement for storage. Neither financing nor contractor negotitations have been completed yet, Jensen said. mm SYSTEM 32 COMPUTER said there is also room for an additional 11,000 square foot expansion. F.G. Ferre and Son is an automotive accessory retailer with four outlets in Salt Lake, Provo and Orem, while AADCO is the largest automotive accessory distributor in the intermountain west, serving Idaho, Wyoming, Utah, Nevada, Arizona, New Mexico and Montana. Gross sales for the two companies exceeded $8 million last year. se proximately 21,000 square is contemplating IBM Ferre, AADCO turn dirt Bob Campbell and Associates began construction last week on a $700,000 to be jointly owned is currently used for stor- display space will be expanded from 13,000 square feet to ap- 32K CPU 155 LPM Printer 9.1 Mb Disk It did such a good job for us that weve outgrown it! 8 level a year ago. Most forecasts see interest rates climbing. With mortgage rates standing at 10 percent now, Christensen predicts they will top at 10 12 percent. How does one go about getting money in this kind of market? The universal criterion every financial officer cited was being a long standing customer. As Holt put it, Right now, if some guy comes in wanting a loan, regardless of the type of loan he wants, we have to tell them were only lending money to our customers. 410 South 2300 West Salt Lake City, Utah 84104 Telephone (801)533-800- 0 SHI i! I'l'l vi I'R I' i WE DOIT A SELL... A a $ o 9 anything but service Reasonable Rates Prompt Radio Dispatch Factory Trained Servicemen SGQGC30d IN SERVING A LEADER INCOME PROPERTY OWNERS, REALTORS AND RESTAURANTS A A A Home and Commercial Refrigerator Freezers Ranges 030BS fiSGE) h WasherDryers Dishwashers Disposals Microwave Ovens Air Conditioning (window and central) rasp The Dependability Seruice A $ $ $ M SALT LAKE CITY 364-776- 1 OGDEN 399-032- 2 &ly. I jTi 84101 113 Richvdf Slrml . SJt L SERVICE APPLIANCE 1 REF RIGERATI0N bv.v va, ,v. A delightful dining experience! Cozy and comfortable... Best lunch in the city. Perfect after work stop. LUNCH DINNER AFTER WORK Through the lobby in the International Inn Hotel 206 South West Temple 322-326- 2 |