Reno Gazette-Journal from Reno, Nevada • Page 13

13A Business Wednesday, December 8, 1982 Gazette-Journal Fiannaca elected chamber president I i i California Federal, Family Savings merger vote due The merger that was called off Monday between California Federal Savings and Loan and Ameri- can Savings and Loan of California will have no effect on Family avings and Loan's proposed merger with California Federal. Howard Furner, Family Savings general manager, said the association's stockholders will meet Tuesday to vote on the proposed merger. According to proxies received so far, he said it appears the merger will be approved. The state of Nevada and California Federal already approved the merger. All else that's needed is Federal Home Loan Bank board approval, which he expects before the end of the year, he said.

By joining California Federal, Family Savings will be able to offer additional services for its customers, including consumer loans and a larger variety of mortgage loans, he said. Family Savings has $100 million in assets, California Federal's assets total $10 billion, he said. The merger proposal was announced last summer. "We'll still be Family Savings and still be managed here locally," he said. Auto bill ready for House action WASHINGTON (AP) Despite warnings their legislation will trigger an upheaval in international trade, backers of a bill to limit auto imports predict the measure will sail through the House once it hits the floor.

"We've been played for Uncle Sucker," Rep. Richard Ottinger, author of the so-called domestic content bill, told the House Rules Committee on Tuesday. Ottinger and others charge the Japanese are taking advantage of the open U.S. market to build up their auto industry but that Japan closes its markets to U.S. products.

"We want them to know the U.S. Congress is seriously," he said. The bill, supported by the United Auto Workers union, would require manufacturers who sell more than 100,000 cars and trucks in America to have part of their product made in this country. The Rules Committee cleared the bill for floor action and the House leadership tentatively scheduled debate for Thursday. By SUSAN VOYLES Florist Tony Fiannaca, elected president of the Greater Reno-Sparks Chamber of Commerce Tuesday, said he is concerned about the quality of life in the Truckee Meadows.

"Corny as it sounds, the chamber of commerce is to improve the quality of life in the area," said Fiannaca in an interview after his election. Fiannaca said he will emphasize the importance of "building together, understanding the needs of the community, the quality of life. The chamber cannot get locked into bottom-line (thinking)," he said. To accomplish those ends, "I'm going to make every effort to open up the lines of communication with the newspaper and certainly with the political subdivisions," Fiannaca said. "I think we have a very good relationship now.

I think we work quite well." Fiannaca, who owns two local florist shops, replaces Corky Lingenfelter, a Realtor. Fiannacca said the chamber should encourage all qualified candidates to run for office no matter what they do for a living. Fiannaca thinks the growth-no growth issue is a dead one. He's for "intelligent growth." "It's obvious no growth can be the death of any community. Too much growth can be a disaster, we've already experienced thaf.

Down the middle somewhere is a level of growth that is beneficial to the community. That is the thing we have to come to grips with," he said. Although the national recession is playing the biggest part, Fiannaca believes orderly, intelligent growth is happening right now. "I see us coming out of the doldrums. I think it is going to happen slowly, which is good." Fiannaca will serve with nine others on the chamber's executive committee.

The committee includes Bill Siart, who was also elected senior vice president of the chamber, Bill Thornton, the new administrative vice president, Luther Mack, business and civic vice president, Ron Borkowski, area development vice president, Phil Griffith, treasurer, Art Boecher, government affairs vice president, Bob Lewis, pres- community in either Reno or Sparks. "Personally, I think it would be a disaster not to have the auto collection part of the community," he said. If the preferred Mill Street site is not possir "if the community doesn't pull together, then I believe Sparks probably would have an opportunity to make a bid," he said. But Fiannaca was lukewarm about support for the sports museum being planned by Joe Piatt of Pittsburgh. Reno and two other cities are being considered for the museum, home for over a million pieces of sports memorabilia.

Piatt wants someone to build his museum. He would then become curator and in effect lease the collection to the museum for 99 years. "If a request was made, we would most certainly take a look at it," Fiannaca said of the proposal. When asked why a request was needed, he said it's the chamber's prerogative to be approached for such support. But for now, he said, "I don't know enough about whether it's feasible." He said he also plans to meet with Jay Milligan, the new president of the Reno-Sparks Convention and Tourism Authority, about plans for a jointly funded news bureau to better promote the area and convention activities.

Roy Powers, convention authority advertising director, began to set up an expanded bureau this summer before he was called back to the convention authority to help manage affairs after the resignation of president David Kie-vit. The news bureau's main emphasis has been to draw travel writers to the area and to send travel-section material to newspapers. Fiannaca, 49, is the owner of the Sparks Florist and the Fiori Florist in Reno. He has served on the chamber's executive committee for the last three years. Right out of Reno High School, he started work for florist Glen W.

Turner in 1951 and has been in the business ever since. He serves on the marketing committee for FTD, which represents 20,000 florists. He and his wife Grace have four children. PHOIOSHY MARII.VN NEW'Oti CHAMBER PRESIDENT: Tony Fiannaca talks after his election as Greater Reno-Sparks Chamber of Commerce president on Tuesday. ident of the Economic Development municating their importance to the Authority of Western Nevada, and Lin- community, Fiannaca said.

That may genfelter, as past president. mean organizing public meetings to A top priority for the chamber is to explain the programs, he said, support the downtown redevelopment The chamber also would like to see plans for Reno and Sparks by com- Harrah's Auto Collection remain in the Newton becoming partner in hotels Burgers-by-mail plan ready COLUMBUS, Ohio (AP) The White Castle hamburger chain is working out a plan to get its miniature sandwiches to devotees who don't live within munching distance of its grills burgers by mail. The Columbus-based chain, which operates in the East and Midwest, has built its advertising around the theme: "White Castle has the taste some people can't live without." Now the company is setting up a toll-free phone number that will allow those desperate customers to order burgers to be cooked, frozen, packed in dry ice and snipped express mail. "We generally get delivery anywhere in the country in 48 hours," said company spokesman Gail Turley, adding that a 100-burger shipment will cost a maximum of $89, depending on the destination. Without any advertising and without having the toll-free line, White Castle already is shipping 10,000 hamburgers a week.

The chain once sent 104,000 hamburgers to a fund-raising event in Arizona. AMC executives retire early DETROIT (AP) Two top American Motors Corp. executives took early retirement effective Tuesday, the No. 4 domestic automaker announced. In a statement, AMC said the retirement of Richard T.

MacCracken, 60, vice president of industrial relations, means his responsibilities will be given to Richard A. Calmes, vice president of personnel and industrial relations. FHA loan application rate seen as sign of recovery WASHINGTON (AP) Applications for home loans insured by the Federal Housing Administration soared to 82,500 last month, the largest November figure ever and a sign of coming recovery, President Reagan's top housing official said Tuesday. Samuel R. Pierce secretary of the Department of Housing and Urban Development, credited falling home loan rates with spurring the surge in applications for loans insured by FHA.

which is part of his department. And he credited Reagan's policies with pushing the FHA rates down. Economists outside the administration agree that falling interest rates have given a strong push to the housing industry, leading to increased sales and construction. But the biggest reason for the rate decline, most say, has been weakness in the nation's economy. Pierce, speaking at a news conference, had nothing but praise for the FHA program.

When an official of the National Association of Home Builders, invited to answer a question at the news conference, said he hoped the recent boom in FHA applications would "put to rest'- the idea that such a program is not important. Newton, who came to Las Vegas in 1959 as a teen-ager, has been one of the top performers on the Strip. He performed 14 weeks at Caesars Palace in 1982 and will be performing there several weeks prior to May, when Caesars will convert to a production show. Newton entered his first hotel venture when he bought the Aladdin Hotel with Ed Torres in October 1980, a merger that fell apart earlier this year following a dispute between the two men. Newton invested $9 million in the Aladdin and Torres bought him out 21 months later for $11 million.

The Sahara was sold to Lowden in October after concentrated efforts by the Del Webb Corp. to sell the property and cut a staggering debt load the Phoenix-based corporation was carrying. Lowden, a former musician himself, and Newton have been friends for about 10 years. LAS VEGAS (AP) Entertainer Wayne Newton has entered into a partnership with Las Vegas hotelman Paul Lowden and the two will become joint owners of the Sahara and Hacienda hotels, the Associated Press has learned. Details of Newton's involvement have not been made public pending a possible public offering of stock in the two Strip properties.

However, under the deal, he is to be an equal partner. Lowden purchased the Sahara Hotel from the Del Webb Corp. in August and had previously owned the Hacienda. It has been learned that the two plan a major expansion of the Sahara's entertainment program. One source close to the deal said the hotel's well-known Congo Room would be opening for more live entertainment and that Newton may play there as many as 20 weeks during 1983.

A new show- WAYNE NEWTON Sahara, Hacienda partner room is expected to open within the next year. He is expected to open at the Sahara early next month. THE MARKET INTEREST ACCOUNT Rent To Own Royal 5010 Electronic Typewriter i S7R0O Only per month NEVADA OFFICE MACHINES ABORTION IS FATAL FETAL CHILD ABUSE! GOD IS LOVE1 LOVE GIVES LIFE' EVIL BREEDS DEATH. ABORTION IS A DEADLY EVIL HOLOCAUST DESTROY ING AMERICA. NO TRUE PEACE OR PROSPERITY WHILE WE KILL LIVING UNBORN POSTERITY! IC D.

P.O. BOX 785. RENO. NV 89504) TYPEWRITER RENTALS 702 322870 Matley lane Reno 7T 7Z i i-rrmr" LEARN HOW TO STREAMLINE YOUR ACCOUNTING 00 4W (84 MONTHLY T7 I 1)1 II iscover now a 1 a TRS-80 System Can Computerize Your. From December 14 on, you can make immediate over-the-counter withdrawals as often as you like from a high-interest money market-type account, up to the limit of your account balance.

And you can do it at all 65 convenient First Interstate Bank offices. IBM Selectric II Self-Correcting Typewriter discount office supply Receivables Payables General Ledger Payroll Inventory Order Entry Sales Analysis More 13 intereM rate effective through January 12.19H.V Learn how to make your operations faster, more efficient, and more accurate. Put a TRS-80 system in service now and your company could get a full year's depreciation and a tax credit! Moana East Shopping Center 595 E. Moana Ln. 825-3800 Hours: :Mon.Fri.

9 a.m.-6 p.m. Sat. 10 a.m.-3 p.m. First Interstate Bank Wednesday December 8 Friday. 'Saturday December 10 December 11 9am, 1pm 10am, 1pm Thursday December 9 9am, 1pm, 7pm 9am, 1pm, 7pm ii Call Today For Reservations SALES LEASING SERVICE TRAINING REAL ESTATE LOANS NOW AVAILABLE For more information call 323-31 35 Ext.

33 computer center iS2 Tjne, CO'P HE hMi turn MHW IM W1 AMERICAN SAVINGS AND LOAN ASSOCIATION UiviMON Of lV" 'HA Kietzke Center, 3328 Kietzke Lane Reno, (702) 826-6327 Mon Fri. 9 am. 7 pin. Sat. 9 am.

fi 12 Branches Statewide I Reno (Home Office, 67 W. Liberty St.).