However, we didn't come here tonight to talk about Littlefields but rather about Utah Construction & Mining Co., an enterprise whose virtues have found little recognition in Texas, as evidenced by the fact that out of our 6100 stockholders only 76 are from Texas and their holdings are less than 1/ 10 of 1% of the shares outstanding. I hope that my remarks this evening may add to your store of knowledge about our company and to that end I propose to tell you what we have done, how we did it, and hopefully to give you a feeling of where we are going and how we intend to get there. First, let us review our accomplishments in the relatively recent past, say the last 20 years out of the company's 71-year existence. During this span earnings have grown from $2.4 to $30.3 million. The compound rate of growth per share has averaged 21.3% for the last 5 years. In each of the last six years the company has established a new all-time high in net income, increasing from $7.3 million in 1964 to $30.3 million in 1970. Dividend payouts are still relatively modest in relation to earnings but the dividend rate has increased every year for the last 20 years, rising from 4" a share to 65 last year, approximately double the rate five years ago. The net worth of the company has increased from less than $12 million at the end of 1950 to $207 million at the end of last year. In 1970 alone the net worth increased by $78 million, an amount greater than the cumulative gain in net worth in the first 66 years of the company's existence. The market for the company shares has both broadened and strengthened in the past two decades. Twenty years ago the stock was closely held, traded over-the-counter at a price around $1 a share on an equivalent basis to the 2.