Sunday, January 20, 1974

Cedar Rapids Gazette

Location: Cedar Rapids, Iowa

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Cedar Rapids Gazette (Newspaper) - January 20, 1974, Cedar Rapids, Iowa 2A The Cedar Rapids Gazette: Sun., Jan. 20, 1074 Gas Situation Murky for Both Public, Dealers Bv Roger Green “Someone’s got to know,” he said. Only three breaths later, he lamented, “Nobody knows.” Such comments are fairly common among the Americanj populace when discussing the But, this situation was the exception rather than the rule, he added. On major decisions like this, information is normally more quickly available, he claimed. His office is not involved vet is. Such sentiments are not normally expected from the president of the Linn County Service Station Dealers Assn But, the situation is as murky and confusing for many in the industry as it is for the average man, as Al Dalziel has learned. I Cedar Rapids aidefinitely on allocation, lie said. Knott of Hawkeye Oil, simi-! lardy reported Gulf stations (have been on a (Steady allocation of IOO percent of 1972 gasoline. energy crisis and what or why it    hi the allocation system, but    . * od 'V''* i ' * i •    ho encouraged tho* with    i 1 "* regular gasoline al a legal questions about allocations to    .     (in , s c , l "! ^ call the stabilization office    ocally whde m<,.st S amta'd sla- and an effort will be made to     ,10 ." s are at ;lbm " 49 wn ' 8 - he get information from lite fed- * sa A„, ...    ... era! energy office.    L W ,\ can ' , do tything aboil I "We recognize the newness     th ' s ’ he sald *°"' e ,he cul of the federal energy people    re* os arc near that, others arcj probably generates the cause j c , us „    „    _..j for some of the problems." he    L Ja . m “ Curtl *' ~ al ,O'*! said. "This, of course, will be    | C “.,J ob , bcr - sald : Wc ^ got one Allocations and price control eliminated as they get worn j" 1lla ' lm '" P™' ( ' s and demand measures result in rumors and into the job."    -     1    ’    . lnr liine    on speculation among many station    But. uncertainty about the    '     r ' H . rco ‘ n i aR( . (if 1972 owners and dealers which strike "on andI pnongpro-    ^ J moillh B 1him ^ much closer to home than for grams has caused rumors and .. ,    . the public    apparent resentment over per-     monm - n€ 1 ceived inequities.    A    reason    for    lower    prices? Rumors or haets.    Gene Sharp, owner of Gene I H3.9 f |>r regular.) “We ha\e- “One of the big problems is    Sharp's Standard, 904 First     n 1 had a nriee increase this communications.” Dalziel said    avenue NAV. said his alloca-    month, he said. “We may Much of the information station tion for January is “higher,     a price    raise next month operators get is through the    but I’m not selling gas” be-     lo more than make up for media and is “almost rumor as    cause of high prices’    that. much as fact.”    Questions    Prices    “*     think    with    us ’     we    have After a frustrated effort to . T , ‘    /    ...     strictlv domestic crude. This learn how the voluntary alloca- :    rho    n,t ?re « otis P^-sibly the reason some of tion system works, which saw    excess amounts of gas so they    the stations have got a calls to both Des Moines and     c f n s . eU . d choape ^ . he    cheaper price. Chicago. Dalziel concluded, 1 c,a,m f. d . ™ ey t0 have » a I 2 J 1 reported some “Nobody knows    an unlimited supply.    rumors that are circulating: “Nobody would talk.” he said. . .*1“ . k alloc f lo , n . Jf ,f ght ,! y l ,n ins , tanc< “; a 1 f ,a !, io " “lf I asked th (Mn anvf him* ov i higher than the 18.000    gallons he    reportedlv sold a truckload    of copt a very limited number of    !" number.    Ile    re-,    gasoline through the pumps    to questions, they don't haye the P ort , ed ho ", bp returning some another station of a different answers *     of the gas he received because brand whose prices were , , , ,    ,    .    ..    of reduced demand.    seven cents per gallon higher. I feel like rn going aboui: it He complained that the range Such behavior is highly suspire wrong way, but when talk on re g U j ar gasoline prices is as cious when other stations of to so-called professional con- much as six cents j, on umerists hey re not doing the tween the major brands and nn Ait haw '     J service station operations with co in po on -ow nod facilities. “I think directly or indirectly they’re trying to get the number of stations down,” he said “They’re finding that by (centralized) marketing of gas, they can sell 100,000 gallons through one unit (in a month). “They thought that was never possible before. “This results in fewer people to work with and more profit for the company. “Stations are closing at an average of 200 per week nationally, with more than 20 closed locally. “This is obviously by some sort of program and not happenstance. lf it was, the companies would be very upset about how to market their product.” Knott of Hawkeye Oil, said, “We’re very suspicious that this is happening, that some companies are giving more to direct .stations than others. “There have been a lot of irregularities on this thing. I think some of the new regulations (calling for mandatory allocations, which were announced Tuesday) are going to take care of some of this Some, maybe a majority, of stations aren’t nearly as concerned as Dalziel and Sharp. As oie station representative said, “We’re not too concerned about it as long as we’re furnished with what we need. ” Hut, as Knott said, “It s no wonder tho .stations are confused. They get about ten different stories.” $|M k 4*illl IIII* nook! urranfxcmvni of CARNATIONS ami POMPONS IN A LOTUS ROWL Si’inl /Vc.iimki/ hun Ii .s \ iiipn illy (lou ri i from ii bluri*l ii ho cun 5 willy’s / Infill I' //j/gi i ti OsitfllS .'DOI I IRS I AVE. SE—DEI.IVE KY SERVICE :Mi3-2H75 Open Monday thru Friday N-ti — Saturday 8-5 t To Older Youi Gcuette Want Ad DIAL 398-8234 8 A M. to 5 P M Monday thru Friday til Noon Sat job either. Gilbert Knott, service station supervisor for Hawkeye Oil Co. (Gulf gasoline distributors), said delays in obtaining current information are common for wholesalers, too. “There’ll be something in the news. You call Des Moines. They say they don’t have the information yet and you can’t do that (what you’ve heard). We get the word three days or more later.” he said. Admits Delay Ken Peterson, of the Des Moines economic stabilization office, admitted there was a delay in one recent announce-m e n t regarding allowable price hikes. “Federal energy czar William Simon announced non-product increases about Dec. 31 or Jan. I.” Peterson said. “As you will recognize, the wheels of the federal register shut down for those two days. “Because of his announcement coming when it did. we had no official input other than what we heard on the news media. “It was probably noon. Jan. 2. before we had any input at our office.” many cut rates and claimed the allocation disparities are unfair. Leidigh Standard, 2824 First avenue NE. has had problems getting as much gasoline as that station needs. The station was several thousand gallons into its January allocation by the end of December. Steve Luker. assistant manager, reported. The situation Is somewhat improved for January. “Since we raised the price, business has dropped off quite a bit.” he said. “We’re holding pretty good, but we will be going into February’s allocation pretty soon.” Robert Uttlev, Standard public relations man from j Kansas City, claimed the allocation for Standard stations has not improved for the month — that in fact it has decreased by ten percent. He reported knowing nothing of reduced demand because of higher prices. Two of the brands Sharp claimed were receiving unlimited supplies at reduced prices were Clark and Gulf. Mack Takton, of the Clark Milwaukee office, denied this is the case. Clark stations in the same brand are short gasoline. he claimed. One school district reportedly has limited use of buses because of an allocation cut from the district’s dealer. Yet, service stations of the same brand have received more gasoline for January than December. This seems unusual because schools are supposedly a higher priority than service stations. Dalziel said. Another Rumor Station operators of one brand of gasoline have reportedlv been given more than their allocated amount with-o u t affecting their next month's allocation. “You can ask those dealers now if they're getting more and they’ll say they can’t hear you talking.” Dalziel said. “If they do, the company will deny it and they will no longer get extra gas. It’s a hell of a way to fight a war. “I don’t blame them (the station owners), at all. lf they can get extra gas, more power to I them. “I hate to see the company holding a lever over them if it is a fact.” Dalziel connects many of the rumored actions to moves by “ii companies to take over Students Still Can Register in Adult Classes Registrations for winter term Information about a recrea- companied Information about a recrea- companied by at least one community education classes in tional swimming program meet- parent. I hnnf F ** apids . and ^ Iari0 « j n g at Washington high school The winter program of classes schools will continue through this week     was omd ted from promotional includes a wide range of voca- More than 300 classes began materia l by Kirkwood Commu- tional, hobby and academic submeeting for the ten-week term nit y college. The class will meet jeets. last week. Some classes from 7:30 to 8:30 p.m. each Persons with questions about enrolled less than the required Wednesday in the Washington classes being offered .should call minimum of eight students and pool, Tuition is SO per person or the Kirkwood community eduea-will meet again this week to ae- SIO for a family of any size tion office at 398-5547 , 398-5548, copt additional registrations. Children under ten must be ac- or 398-5548 from 8 a rn. to 5 p m. When you have a chance to save 50% ... don't miss it! Right in the middle of Holley's traditional semi-annual sale a select group of merchandise is marked down to Vj. price. You’ll find sweaters, dress shirts, sportcoats, slacks, suits, outerwear and unusual gifts priced to make you, your wardrobe and your budget happy. Go On A Shopping Spree at Holley’s Jtolky’si SHOP FOR MSN LINDAU PLAZA • CEDAR RAPIDS -A— WE MAKE THIS STATEMENT ONCE A YEAR... Perpetual Savings and Loan Association Statement of Condition December 31,1 973 ASSETS Mortgage Loans................. $90,716,307.95 Secured by First Mortgages on improved real estate. Loans on Savings Accounts.......... 226,531.25 Real Estate Owned............... NONE Real Estate Contracts.............. 44,957.56 Federal Home Loan Bank Stock....... 724,100.00 The Association's membership investment in the Federal Home Loan Bank. Cash and U.S. Government Securities    . .    7,388,030.77 Office Buildings and Equipment....... 892,633.07 —Less Depreciation. Prepaid FSLIC Premium ............ 573,895.77 Deferred Charges and Other Assets    .    .    544,031.84 Total Assets.................$101,1    10,488.21 LIABILITIES Savings Accounts................ $91,348,289.41 —Represents Accumulated savings of members with earnings added thereto. Loans in Process................. 704,531.17 Uncollected Interest............... 2,353.82 Advance Payments for Taxes and Insurance.........*.......... 7,604.32 Other Liabilities ................. 63,739.12 Specific Reserves ................ 454,237.98 General Reserves and Surplus........ 8,529,732.39 —These reserves represent a further margin of safety to our members. Total Liabilities...............$101,110,488.21 So you can see the condition we’re in. RECORD SIZE AND STRENGHTH Our total resources now exceed $100 Million, which are a measure of additional safety. Reserves have again been substantially increased and continue to be much greater than required by regulatory agencies. Mortgage loans outstanding are at their highest levels and mirror the security of home ownership being attained by thousands of families in this area. NEW CONVENIENCES Our downtown office now offers ample free parking just north of our building. And three, new BOARD OF DIRECTORS DUANE ARNOLD ( liairnmn of the Board Chairman of tho Board and President, Iowa Kkrtric Light and Power Company WILLIAM W. CRISSMAN Attorney TUDOR WILDER President, Wilder (’.rain Company BURTON R. IIYNDEN President, Perpetual Savings and Loan Association, Bet ired W ILLIAM C.’FLETCHER Vu e President, Rapids Chev rolet Co. E. VICTOR BOCK Manager, J.C.Penney Co., Retired HAL I). HAINES President ROBERT C. TILDEN Attorney HAL I). HAINES.... JACKSONT. LONG. President  Vice Pres. Secretary LELAND W. DOTY.......... Vice Pres. Treasurer MILDRED A. LODGE ... Vice-President LEOW. WILSON, SHA, . Asst. Vice Pres. Appraiser LEONARD E. BJELLA Assistant Secretary DAVID W. LODGE—Loan Dept. ROBERTA. DOOLITTLE—Loan Dept. HELEN KRIPPNER—Insurance Dept. GENEVIEVE DAVIS—Actg. Dept. Supervisor Lai JONNA ANDRESEN - Receptionist JANICE KLEIN — Stenographer SHARON BUTTERFIELD - Stenographer "Drive-Up" stations have just been opened. This Spring, our new Lindale Plaza Office will be in use for still greater convenience to many of our customers. INCREASED SAVINGS’ RATES Changes by regulatory agencies in 1973 permit us to pay higher interest'rates on certificate savings. Savers now receive exceptionally high returns with safety of savings insured safe by a federal agency. We believe our’s is a pretty "strong statement" and express our thanks to the thousands of severs and home buyers who have helped to make it so. OFFICERS AND STAFF CUSTOMER SERVICE KARYL MILLER CAROLYN EKWALL CONNIE MANGO KATHLEEN BRUNDAGE PATT GRAY DIANA Al KLEY JUDY ARNOLD IOWA CITY BRANCH JOHN F. VAN FOSSEN.. Vier President and Branch Manager DAVIDA. HINTZE —Assistant Branch .Manager DOROTHY CLIME.. Assistant Secretary CUSTOMER SERVICE JANET DRISCOLL JILL DOUGHTY Worefofyouf Moneys 1 . - A'TV‘3* S AV INGS AND LOAN ASSOCI AT IO N 110 Second Ave., S.E. • Cedar Rapids, Iowa • Telephone 366-1851 Iowa City Branch: 132 East Washington • Telephone 338-9751