Colorado Springs Gazette-Telegraph from Colorado Springs, Colorado • Page 66

BUSINES BRIEFS Jim Carlin Dodge has been honored for outstanding accomplishment as the top volume Dodge dealer in the eight-state zoning region during March. Their sales staff, headed by general sales manager, Rick Carlin, contributed to the 27.1 percent increase in car sales and a 36 9 percent increase in truck sales for the Denver zone over February Sister Helene Gerhardt, food service director for Penrose Hospital, was honored by the Colorado-Wyoming Restaurant Association with the Distinguished Service Award in recent Denver ceremonies. The award was presented by Ed Robinson, last recipient, at the annual Ball, a formal dinner held annually in conjunction with the hospitality convention and education exposition. John Stutts, a sales representative with the Colorado Springs office of Acacka Acacia Mutual Life Insurance has been honored by the firm as of the for the State of Colorado. Wayne Ammann, area manager for the Travelers Motor Club, is being honored by the national firm for excellence in sales.

He was selected to become a member of the The Continental Oil Company has recently awarded Glen Ash, of Security oco, with the of for the Pikes Peak Conoco dealers. The award was presented by James Suver, University of Colorado, Colorado Springs. Randall C. Rowe of J.W. Brewer Tire located at 1207 S.

Nevada St. has completed an extensive, week-long training program at the Bandag Training Institute in Muscatine, Iowa. Rowe is one of 8,000 graduates who has successfully completed training which enables him to become more proficient in producing the Bandag re- treaded tire. In order to complete the training, Rowe had to successfully complete a test of 140 course-related questions. Lube King of Colorado, auto lubrication specialists, has awarded its advertising and public relations account to Ideas for Advertising Inc.

Ideas president, David Ellison will serve as account executive for advertising, and Avrum Schulzinger will direct public relations efforts. The first Lube King service center has just opened at the intersection of North Circle Drive and East Platte Avenue. Alpine Agency Colorado Springs, an independent insurance representative, has been honored as a 1978 Merit Award Winner by the board of Time Insurance Company, Milwaukee-based life and health insurer. The Merit Award is presented annually to those agents who have shown exceptional ability in the area of service to clients, product knowledge, and sales activity during the previous John Bass, executive vice president of the Christian Booksellers Association headquartered in Colorado Springs, recently addressed the 52nd annual meeting of the Church Music Publishers Association held in Tarpon Springs, Fla. Sunday Aprine, 1 Looart Press Breaks Ground On New Plant In Sprinqs Looart PrPQQ 1.1 1 Looart Press Inc.

broke ground this week for the first phase of a three-phase, $15 million facility located on a 65-acre site at Woodmen Valley Road and Interstate 25. Site development will be done initially for all three phases. Construction of the $5 million first phase will begin May 29. The structural steel frame, with metal foam wall panels and glass panel construction, will provide 125,000 square feet. The contractor is G.E.

Johnson. That facility, when pleted in December of this year, will house the packaging, orderfilling and warehousing functions for Looart. About 400 employes will move into the new plant and functions will be consolidated from five existing buildings presently leased by Looart. Phase II and III will complete the multi-million development in the early 1980s. The second phase will double the plant facility to 250,000 square feet around 1981.

About 50,000 square feet of office space will be added to the development in the mid-1980s to complete the project. Looart will continue to occupy its existing building at 3525 North Stone Drive with the printing, finishing, and envelope manufacturing functions located there. The company will continue to lease some of the seven facilities presently leased until the third phase is complete. The architectural firm, Leland B. Roberts and Associates, with the consulting firm of John James Wallace and Associates, have ed the first phase building to complement the natural beauty of the land.

Looart plans to create contours and green belts to add to the attractiveness of the existing knoll on the property. The site also will be enhanced with landscaping and screening with trees, according to company officials. Looart Press Inc. is a national leaders in the design, manufacture and marketing in a wide variety of paper products. The company has a subsidiary, the American Stationary in Peru, Ind.

SEMINARS Smith Barney, Harris Upham Co. is presenting a Seminar on the The Securinuity provides interest currently guaranteed for 7 years on each purchase with no current income tax payable on the accrued interest. The guest speaker will be Thomas Chronert, national insurance director of Smith Barney, Harris Upham Life Agency Inc. The seminar will be held at 7:30 p.m. on April 27 at the Four Seasons Motor Inn.

The newly formed Center for Economic Education at the University of Colorado will offer a special course on how the American private enterprise system works to classroom teachers and school administrators in the Pikes Peak region. Classes will be held from 6:30 p.m. to 9 p.m., Monday and Wednesday evenings, from May 1 through May 24 at the Washington Irving Community School. Because enrollment will be limited, application for enrollment and the registration fee of $25 should be completed and sent to Dr. A.

Paul Ballantyne, professor of economics at UCCS, prior to April 14. Clayton Brokerage Co. of St. Louis will present a Commodity Futures Workshop at 7:30 p.m. April 25 at the Antlers Plaza Hotel.

The workshop will feature Commodities 50 trading rules and also methods used to increase potential profit. More information can be obtained by contacting William Schmidtmann at the Englewood office. Accounting will be the topic to be presented by Dr. Kirk Wilcox, Professor of Accounting, to the Colorado Springs-Pueblo chapter of the National Association of Accountants. His lecture, which may be used to fulfill the continuing education requirement for will cover accounting principles, accounting profession, and accounting education.

The dinner meeting is scheduled for 7 p.m. Tuesday, at the Minnequa University Club in Pueblo. The Purchasing Mange- ment Association of Southern Colorado will conduct its monthly meeting April 27 at the Palmer House, Interstate 25 at Fillmore Avenue in Colorado Springs. Cocktails will be served beginning at 6 p.m., followed by dinner at 6:30 p.m. Guest speaker will be Warren Foss, president of M.L.

Foss, Inc. His topic will be Other Side of Purchasing: How the Industrial Distributor Can Help To- Reservations can be made through Lavonne Beedle at the Holly Sugar Co. or Evangeline Sentena at the city Purchasing Office. The 44th annual membership meeting of the Colorado Credit Union League will be conducted Thursday through Saturday at the Denver Marriott Hotel. Representatives of the 331-member credit unions, including those from El Paso County, will attend.

Among the guest speakers will be Michael P. Flaherty, counsel for the U.S. House Committee on Banking, Finance ard Urban Affairs. Additional information can be obtained by contacting Carroll Beach, managing director of the league. We've Got To Be Right.

REAL ESTATE QUESTIONS by JIM What are property values realh doing in Colorado Springs? From Colorado Springs Board of Realtors Statistics, today the average sale price is $35,711.00 and one year ago, the average sale price was $31,868.00. That is an increase of 12.06% in one year. Also, the number of homes placed on the market has decreased by 9.87%, while the number sold has Increased by 9.24% this year over last. The number of expired listings (where the home was offered 90 days or more and did not sell) has decreased by 31.75% over last year. The average time period to procure an acceptable contract from the date the property Is listed today is 48 days as opposed to 55 days one year ago.

That means offered properties are selling now In 12.7% less time. For anyone considering selling, now is an excellent time to offer your property. If you are thinking of buying now as always, you can't win by waiting. for the answers to any of your real estate questions, call or stop by J. Cline Realty 4MMS Templeton Gap HAMA rentals Sales Service jQudeti OFFICE EQUIPMENT, INC.

473-1118 117 S. WAHSATCH "Where the Business Person Shops IBM Choosing a front-end system for our stores is as important to us as selecting the items we put on our shelves. We afford to make a mistake. why we picked Data Terminal Series 440. DTS sells more stand-alone ECRs to supermarkets than any other manufacturer because DTS really understands what supermarkets need to increase front-end control.

Whether you are looking for a basic stand-alone ECR or an expanded system complete with consolidation and data communications. DTS has the right product for you. The new Series 440 is designed for supermarkets. For the first time in a stand-alone ECR you can have up to 240 totals, or over 4000 items for inventory tracking. The even makes management reporting easier.

With an inter-register communications option, any register gathers daily sales totals from all registers in your store and consolidates them into one concise report. The Series 440 automates your front-end by providing electronic scale capability, automatic food stamp and due bill calculations, and communications with headquarters. With over 20,000 ECRs in use all over the world, maybe time that you started thinking about automating your front-end with the Series 440. For more information on the complete DTS product family, send in the coupon. Or, better yet, call your local DTS sales representative Where tomorrow is in everything we build.

2627 DELTA DR. 390-7663 7100 N. Broadway 427-9081 Hilton Hotel Corp. In Highest Earnings RI7VPDV intto BEVERLY HILLS, Calif, excludes our Las Vegas by the end of 1978. Hilton Hotels Corp.

showed a 10 achieved the highest operat- percent increase in first ing earnings for any quarter quarter profits compared to in the history in the prior year despite the the first quarter of 1978, Bar ron Hilton, president, announced Tuesday (April 11). This marked the 12th consecutive quarter in which impact of Easter week. The income contribution from our 20 percent to 50 percent owned companies, mainly operating hotel properties, earnings have exceeded the operaun5 ftotel properties, crease in occupancy for its level of the prior vear 21 Percent during properties owned 50 percent I hp first nil a rtor n. level of period. For the three months ended March 31, net income increased 34 percent to $12,673,000 from $9,461,000 in the first quarter of 1977.

Net income per share rose 52 percent to $1 from last 66 cents per share. Revenues in the first quarter of 1978 increased 12 percent to $1000,456,000 from $89,888,000 in 1977. Per share earnings in 1978 reflect the purchase of 1,874,000 shares of its outstanding commong stock pursuant to a cash tender offer which expired on Nov. 14, 1977. Mr.

Hilton said, are extemely gratified by the broad strength in our business as evidenced by the record operating performance during the quarter. This is particularly noteworthy considering the fact that Easter week, a traditionally slow period of our hotel division, fell in March of this year compared to April of 1977. The strong momentum in our business is continuing into the second quarter. Prospects for the balance of the year appear to be In the first quarter of 1978, Hilton Hotels recorded an increase in occupancy for its the first He said, success of the Flamingo Hilton in Las Vegas is exceeding expectations following the opening of a new enlarged casino and additional hotel room capacity. During the first quarter the 500-room addition to the Flamingo was completed, raising capacity to 1,259 rooms; on average, less than 40 percent of the additional rooms were available for the full quarter.

new Flamingo showroom and restaurants are expected to open in the fall of 1978. At the Las Vegas Hilton, the 640- room expansion is proceeding on schedule. The first of these rooms will be available to guests about midyear, with all 640 rooms open or more (including Las Vegas) to 69 percent from 68 percent last year. The occupancy rate for Las Vegas in the first quarter was 90 percent vs. 85 percent in the first quarter of 1977.

The hotel division (excluding Las Vegas) had an occupancy rate of 66 percent in the first quarter the same as a year earlier. In the month of March 1978, which included Easter week, occupancy for properties owned 50 percent or more (including Las Vegas) was 70 percent as against 74 percent in March 1977. March occupancy for the Las Vegas was 89 percent compared with 90 percent in March of last year. Unclaimed Funds Up More than $500,000 in unclaimed funds is awaiting creditors of Goldstein, Samuelson, a commodity options broker, which was placed in bankruptcy in 1973. Checks totaling that sum avujcveu uieir oesi earnings have been returned to the quarter ever, with a 71 per- Bankruptcy Trustee because cent increase in first quarter of incorrect mailing addres- profits.

This relfected a heal- ses. The checks were issued thy improvement in occu- on September 30, 1977 as pancy and increased profita- payment of a first dividend bility for the casino opera- on allowed claims, tions. Claimants who did not ceive a check should furnish The hotel division, which a current mai)jng addresss" Goldstein, Samuelson, 6399 Wilshire Boulevard, Suite 320, Los Angeles, California 90048. Las Vegas also achieved their best earnings JOIN THE WINNING TEAM We are the largest, most progressive Century 21 office in town and we're getting bigger. We've just opened our third office and have openings for experienced, success-oriented salespeople.

We also have an opening for an experienced builders marketing rep. If you're interested in growing with us, and making money in the process, we want to talk with you. All Interviews will be held in the strictest confidence. Phone or write TOM RICHARDSON, Broker-Manager, or just stop by at 1556 York Road. Evenings call 597-8330.

GERALDINE SMITH REALTOR has been involved in Real Estate sales and management since 1967. A Colorado Springs native, she has been associated with several successful realty firms in the area. Her knowledge, experience and patience can help you sell your present home or purchase that new home longed for. Client satisfaction is her goal. Call her at home, 598-2775, or office, Century 21 Arnie Schaffer, 597-5900.

Adv. BETTY JO LILLY IS A VAN SCHAACK REALTOR In the little over eight months since Betty Jo Lilly joined the Van Schaack East Central staff of professional Realtors she has risen to fifth place in residential sales volume. It is the kind of exceptional record Van Schaack Company encourages in its people by giving them the administrative support they need. want my customers and clients to know they can trust me to take care of every detail. Van Schaack gives me the tools that I need to do my job in the most pro- Betty fessional way." A native of Charleston, West Virginia, Betty Jo already held sufficient credits for a B.S.

degree when she returned to college to earn an A.A degree in architecture and construction. Later, while employed as a representative for new home sales, she obtained her real estate license. Deciding on the real estate company with which she wished to be associated presented no problem. The Van Schaack Realtors I met were so dedicated and hard working. only one way of doing things at Van Schaack: the right way.

Van Schaack is the best. If I weren't working for them, I wouldn't be selling real estate." Betty Jo is a devoted skier having moved from novice to expert with the same determination to succeed that she applies to her jo I career. She also enjoys backpacking and playing tennis with her children Bob, a student at Air Academy High, and Pam, who is a junior at Georgia Tech University Over the years, her community involvement has included work with the Red Cross. Scouts, Chamber of Commerce and her church. She is a member of the Board of Realtors.

Van Schaack is proud to claim Betty Jo as one of the top members of our residential sales team. Van Schaack Corpgany Eas, Ce ai Office 195 Academy Colorado Springs, Colorado 80909 597-2000.