Reno Gazette-Journal from Reno, Nevada • Page 34

34 Reno Evening Gazette Thursday, July 2, 1981 Sparks hotel project begun Business Openers Libyan purchases stopped LONDON (AP) British Petroleum Co. says it has stopped buying oil from Libya because the price is too high. On Tuesday Libya reduced its oil price by an average of $1.10 a barrel to about $39.90. "Sparks now has more and more to offer people. It's establishing its own Identity," he said.

Avilla said the club has planned the hotel addition for two years. It was originally designed to be a 230-room hotel. But it was reduced in scope because of the cost of fin-anc. today's interest rates. The uwji.

a ject was estimated at more an $8 million, he said. Owner Karl Berge also celebrated 14 years in business Wednesday. The club now employs 317, and the hotel will add 20 more, Avilla said. He added that the building will meet and exceed all state fire codes. in the lobby, but the number Is restricted by local codes, Avilla said.

The hotel will have two large meeting rooms but no restaurants. The hotel project was approved by the Sparks City Council June 22. Michael Adams, club general manager, said the hotel will allow the club to expand into other markets. Its primary market is in attracting tour bus programs, he said. "With some of these rooms, our bus passengers will have a place to stay in Sparks," Adams said.

"But the biggest reason is to expand the market to serve more our local clientel and guests off the freeway. Karl's Silver Club officials broke ground Wednesday for a new 130-room hotel at 11th and streets, directly behind the Sparks casino. The project is expected to be completed by March 1982, said Joe Avilla, project manager. General contractor is Walker-Boudwin Construction Co. Financing for the $3.5 million project was made through the First Interstate Bank of Nevada.

The building has a contemporary style with a canopy in front for the convenience of bus passengers. The building will be four stories tall, but designed to accommodate two more floors. A few slot machines may be placed EDITOR'S NOTE: Openers, a column on new businesses in the greater Reno area and throughout Northern Nevada, appears on Thursdays. It you own or operate a new business, we'd appreciate hearing from you. Send pertinent lnfor- GOLD-SILVER-DIAMONDS Exchanged-Bought-Sold D.B.S.

Inc. For Currnt Markt 429 Pyramid Way 356-1099 SpOrkt, NeW. 89431 forecast The tllv.rfMce Tel: 356-8202 o'ouiivfi Unions win Comstock, Sambo's votes AN URGENT MESSAGE To Private Investors Finapcial.Advisors Earnings on Investments Now Up To matlon, including a phone number, to: Business Editor, Reno Newspapers, P.O. Box 280, Reno, 89520. Labor relations Professional Management Consultants is a new Reno business opened by Larry J.

Henrie, specializing in labor relations. Services include employment policies, personnel practices, wage and benefit reviews, counter-union campaigns, collective bargaining, contract administration, and representing employer interests before various government bodies. Henrie has more than 11 years experience in providing business counseling, including activities in manufacturing, transportation, food, chemical, printing, electrical and automotive industries throughout the United States and Canada. He holds a bachelor's, master's and law degrees from the University of Kansas. The firm's address is 313 Flint St.

(oVt7 PER ANNUM Teamsters Local 885 won a victory at the Comstock Hotel Casino Wednesday while Culinary Local 86 won an election at the Sambo's Restaurant on South Virginia Street. At Sambo's, the vote was eight to four in favor of the union, according to Gregg Hathcock, union organizer. Only 12 of the 20 employees have been employed long enough to be eligible to vote. The election was conducted by the National Labor Relations Board. A management spokeswoman confirmed that the union won the election; however, she declined to comment further.

Hathcock said he expects contract negotiations to start in a few weeks. The union negotiated a three-year contract for workers at the Sparks Sambo's in March. The election represents the union's first victory since it won the employee vote at Circus Circus last fall. Early this spring, the union was disbanded at Karl's Silver Club in Sparks, and, last month, lost at the Nevada Lodge at Crystal Bay. At the Comstock, the Teamsters won a bid to represent 11 front desk workers.

The vote was 7-4. "The steam roller keeps on going," said Jack Seaver, business agent for the union. "There was no challenges, no objections, a clean election," he said. Seaver said the labor relations board has approved an election for front desk people at the Mapes Hotel, but a date has not been set. However, he expects the election to be held in a few weeks.

The Teamsters represent front desk workers and PBX operators at the Circus-Circus, Fitzgerald's, the city of Reno and 27 casinos in Las Vegas. Comstock officials were unavailable for comment until a written statement was released. ON A GUARANTEED 6 MONTH INVESTMENT OF $5,000 DOLLARS OR MORE. INTEREST PAID MONTHLY All stock quotations are for Thursday July 2, 1981 We ore sure investors will recognize security high yield as the 2 most important qualities necessary in today's investments, this investment contains both. Inquiries as to your investment should be directed to City Investment Trust one of the West's most progressive financial institutions.

American Stock Exchange CITY INVESTfTlENT fiND TRUSTS CO. A Financial Services Institution Sale Mel P-C (Ms) Close Chg. Sale Net P-E (Ms) Close Chg. Sale Net P-E (Ms) Close Chg. 1280 TERMINAL WAY SUITE I RENO NV 69502 329-1727 tale Not P-E (fids) Close Chg.

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The firm's general manager is Frank Martin, a 10-year resident of the Lake Tahoe area. MCA has offices in California, Washington and Oregon. ActonCp .40 13 140 16- ft Conrck 120 7 3 Conroyl .16 12 53 ConsOil Gas 14 338 ConsRef .80 II 7 Cont Moterl 4 2 Cooklnl 190 10 Coradian Cp 29 6 Corelob 16 19 29 Cornels 18 I Courtld 5 14 Crest Foam 34 I Cromptn .80 21 59 Cross A 1.60 13 10 CrowMil .50 4 1 OnCnA 80g II CrCpfS .809 5 CrCpfC 1.92 I Crown Oaf) 15 4 Crownl 28g 8 10 CRSGr 28g 10 34 Oulcher .36 14 18 CrystalO .36 99 280 CSGrp 5 Cubic Cp .60 9 137 CrticeB 1.20 7 5 Custom Alo 17 44 Cyprus Cp 187 Cyprs pfl.80 56 Moms Key 70 26ft ft AdmRus .10 24 26 24'- Electronic fa LFiling is Here! IS AdobeOil .20 23 185 33ft ft 3 ft Aeois Corp 13 150 78 17' ft Aerotlex Lb AeroFlw .75 9 4 ft Aeronco he 49 25 5ft It AfflCop I 13'. Atfill Hospri 12 23 11 14-1 4 After Six 80 1 mm 5ft- 6 '4 PGE-r 3.20 PGE-T 2.54 PGEV 2.32 PGE-W 2.57 PGE-Z 4.06 PGE-P 2.05 PGE-K 204 PGE-0 200 PGE-G 1.20 19 27- ft 23 2 3- 13 211 11 18 30 ft 13 7 21ft- 11 6 46 ft 4 31 6ft 5 1 II -53 19 24 ft II 2 36ft- 36 IX 2- ft 6 5 2 -32 20 14ft 31 13 16 ft 5 ft 17 27 14 II 7 3ft- ft 270 22ft- ft 8 3 6'4 7 20 13 6 5 7 7 14- ft 37 590 25- ft 46 3- ft 10 6- 10 21 6ft- ft 17 16 16ft ft 14 59 25 -1ft 8 13 28 11 316 19 ft 4 39 9ft- ft 14 7ft- ft 29 13 14ft- ft 2 5 ft 1 ArCPho 5 3 Airtxp 12 59 AlaskaAir 5i 6 124 AlbaWd 15 4 AllinTire lOi 12 3 14 ft 7(4 4'- ft 14 25 7 2 -z400 14 13- 13ft- ft 8 ft 8ft- V. 10 32- ft 10 16- ft 1314 9 9 10- 26 II '4- 1 -3 -16-1 49-14 11 19 17- 24 -I 3 g6'.

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6ft 8 15 136 7 42 188 7 10 51- ft 10 62 28- ft 10 108 lift -13 264 pl8ft- 15 II ft 3 21 4ft- 14 2 2ft 6 3-16 8 60 5- ft 10 g2ft -IS 14 34ft- ft 10 93 g55 6 4 4 17 100 10ft ft Avemco .50 9 27 10 AZl Resour 83 163 22- SALES LEASING SERVICE TRAINING 12 2 -814- 14- 9- ft 32-114 8-14 19 ft 12 16ft- 27ft- ft 13 -1ft- 24- ft 22 ft ft olOft -30- ft 11- ft 13ft- 10- ft 23 -9- ft 15ft- ft 5 -1- 3 -29ft 28 4ft 26ft- ft-l-16 8 ft 12- 16 8 ft 13- 6 19 I4-1 9- ft 7 21 ft 13- ft 13 5ft ft 20 ft 5- ft 8ft- 4ft- ft 12ft- ft 18 4 -18ft- ft 5 -7ft- ft 23 -1 3- ft 28 ft 29ft 4 8ft ft g3 ft lift- ft 13 -3 ft 6ft ft 17 1 15 -17 ft 13V 17ft -20 ft 4 -21ft 4- ft 10ft- ft 16- ft I- ft 5 ft 32- ft 2914 5- ft 36- 12ft- I0ft ft ft 8ft- ft ft 6ft- ft I4ft ft 12 26 -114 1 -12-l lift- 18ft- 7 2214 ft 27ft- 7 ft 7ft 15ft- I0-I 21ft -8ft -36ft-l 14 ft 10 ft 2- ft I4H- ft 6ft 8ft- ft 19ft- ft 10 -12- ft 3ft- ft 17- 14 4- 13-1 I- ft 2- ft II14- 3314-1 ft 48 -I 1114 14 AZL ptA z200 66 1 Tol Ed pf 10 12 17 ft 75 6ft- ft V.wwewee wim i.nj a DIVISION OF TANDY CORPORATION 102 7 6 ft 27 23 17 ft 6 6 5ft 34 44 13ft- ft 12 9 16- ft 173 17ft- ft 54 18 19 ft topaz .046 loops Gum Torotel inc TorinCorp I TotalPel .48 Towner 12 1450 19- 11 34 24 14 xl5 13 ft Kietzke Center 3328 Kietzke Reno, Nevada 89502 826-6327 5 1014- 13 3 14 12 12 15 14 7 53 37 II 2 17 157 8 42 42 57 66 15 23 12 16 7 6 14 9 5 10 45 10 27 5 2 29 I 5 3 8 61 3 23 5 27 8 87 20 91 8 11 4 31 4 18ft ft 73 2- ft 6 192 13 8 12 2514 3 3 13 6 13 172 15ft ft 4 714- ft 9 77 lift- ft 10 19 11ft ft 17 77 1214 -36 46 22 10 299 7- ft 4 II 12ft 10 28 24 4 15 -1514 14 1 12 IB 16 14 I 4 10 148 15 4 17 9 11 31 9 13 24 6 I 23 13 9 2 17 51 II 12 18 19 210 7 2 12 107 9 7 25 3 24 8 6 7 20 40 16 4 23 22 21 113 6 2 146 10 36 54 406 4 10 10B 75 7 6 7 26 24 I 10 9 Station will not reopen Liberty Shell service station, extensively damaged by fire last Friday, will not reopen, owner Stan Goodin said this week. Goodin, who leased the station at Liberty and South Virginia streets from Shell Oil was formally notified of the company's decision Tuesday morning. Shell Oil had planned to close the station at the end of summer anyway, Goodin said. He pointed out that Shell's decision was based on the fact that it "wouldn't make economic sense" to reopen the station only a few weeks before it would close for good. The fire, reported at 5 a.m.

Friday, is under investigation by the Reno Fire Department. It has been officially classified as arson. The fire caused extensive damage to a storage room, service area and electrical system and destroyed equipment, inventory and records, according to a department report. Braniff debt extended DALLAS Financially beleaguered Braniff International reached an agreement with its lenders for another six-month extension on more than $40 million in due debts. Markets to close NEW YORK (AP) All stock, commodity and other financial markets will be closed Friday in observance of the Fourth of July holiday.

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First Interstate Bank offers Money Market Certificates in more than 60 offices statewide. Come in and get the highest rate allowed by law. Ranger Oil Ransbrg .64 Roytn In .26 RIEstln 2.X Rltylnc Try REDM IM Refinem Int RefrigTr .36 Regal tl .64 RGypsm .24 Resorrlnrl A Resortlntl ResortlH wt Resta Assoc Rex Noreco RibletPd .12 Rich Tank 1 RchTpf 2.50 RMS Eleclr Robinlech RoWml 06h Rockway Ig Rogers .12 Ronco Telep Rossmor Cp Royl Bch RSC Ind .10 Rusca Inds RusslCp .40 Russll Burd Rykoff RylondG .72 Soge Enrgy SalemCp .40 SDiegopf .90 SnDpfD 9.84 SnDpfE 7.80 SnDpfH 2.68 SnDpfl 2.47 SFRIEs 1.76 SanJsW 1.90 Sargent Ind Sounder Sthrdt SciMngl .10 Scurry Rain SbdAMII .50 Seaport Cp Sec Copital Sotscom Del Solas Cp .40 Servisca .44 SGLIM ShoerS 50b ShornSt Shelter Rel Showbt I 20 Sierrocn SifcolM .36 SikesCorp A Stlvercrest SimcoS Simkmln 80 SMO IMust Solid Sto Sci Solrtron Dev Soundtin SCEdpf 2X SCEdpf 2.21 12 10ft- ft 10 16 7ft- ft 9 61 5 21 55 12 ft 6 12ft- ft -w 16 19 5ft 16 9 50- 14 5 7 24 7 86 7 28 894 35ft- ft 25 45 32 ft 7 50 24 211 X- ft 11 4 26ft- ft Unity BuyS UnivCigr .12 Univ Comm UnvResr 20 URSCp VolleR l.44g Voiles Steak Valmac IM Valspar .52 Verit IMust VmntA VmnlR Vema Corp Vernitm .10 Vertiple .15 Viatech Inc Vicon IMus Vintage Ent VircoMfg 4k Vrshoylnt 5i Vuuafcr VcJMrc Voplex .52 Vulcan .28 Wadell Equ Wolbor .40 WalcoN 80g Wallace .32 WonglB .12 WngLC WordsCo 20 WornCm wt WashPos WoshRIEs I Walsco Wethfd WeldTbe WescoFn .46 WsTUpf 4.40 Wsburne .70 Wst Fncl .52 White Coble Whnehol Cp Wichita I Si Willcx Gibb W.lliomhs Wilson Bros Wincorp .40 Winklmn WorkWr .48 WldW Engy Wrolhr 05d Wright Hrg WTC Incorp WyoBk Xonlcs Inc Yankee OtG ZimmHo .36 17 6 13 68 5 II 62 9 10 15 4 5 49 22 23 II 265 10 20 5 4 44 6 9 Z70 10 28 7 II 9 5 2 5 5 2 6 2 10 71 54 642 7 9 23 37 6 8 10 10 14 1 33 140 10 12 10 52 5 41 6 1 7 33 29 7 2 8 8 20 11 25 79 10 8 11 72 MinPpf 6 90 ll 7 2 22 59 I 5 ft 95 514 ft 9 9ft- ft 7 10 23 5 22 13 51 16- ft 18 zlOO 1 5 2 20ft Federal regulations require a substantial interest penalty for early withdrawal and prohibit compounding of interest. Rate and annual effective yield subject to change at renewal. $10,000 minimum deposit.

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