Budget motels cut travel costs across United States
A wave of budget motels charging from $5 to $11 per night for single or double rooms expands nationwide. Chains like Motels of Santa Barbara and Scottish Inns drive down prices, while Day's Inns and Holiday Inn affiliates push low-cost options targeting salesmen families and travelers. Industry analysts say these budget motels threaten traditional full service chains by lowering operating costs and appealing to cost conscious travelers.
MENTIONED IN THIS ARTICLE
Leroy Pope
New York
UPI
United States
Day's Inns of
Atlanta
Laventhal
Kreksten
Horwath
Santa Barbara
Calif
America
Kinston
Tenn
Econo Travel Motor Inns
Norfolk
Thrift Inns
Newport News
Happy Ins
Orlando
Fla
Chalet Motor Lodges
Nashua
N.H
Imperial
Englewood Cliffs
Lesure
United Press International
Sprague starts to turn losses into small profit
Sprague Electric Co reports Q3 net sales of 35.94 million up 24 percent from a year ago. Q3 net profit 35,638 with earnings per share, reversing a prior year loss of 1.43 million. Nine months show 107.41 million in sales but a 155,390 loss, aided by second quarter non recurring gains. Company executives foresee improved demand and potential profit in Q4 and 1973 amid higher production capacity.
MENTIONED IN THIS ARTICLE
North Adams
Mass
Sprague Electric Co
Mini-computers to Edge Out Typewriters in Schools and Work
New York report notes mini calculators, solid state and portable, may supplant typewriters for arithmetic in homes and offices. Luminaries James Mills of Litton forecasts a two million unit annual market, with prices from 79.50 to 300 and broad use from housewives to foremen. Multiple firms including Bowmar Canon Sharp TI Casio compete, with a likely shakeout from rapid innovation.
MENTIONED IN THIS ARTICLE
Litton
James Mills
Litton Industries
Royal Typewriter
Gallagher
Mills
Sittan
United States
Royal
Menroe
Bowmar
Canon
Sharp
Texas Instruments
Panasonic
North American Hockewell
Casio
Japan
Vermont Development Agency reports shifting business growth
In Montpelier the Vermont Agency of Development and Community Affairs released three year data on new and existing industries. New companies rose from 10 to 20, expansions stayed around 175 to 178, industrial space added totaled 1 358 358 in 1969 and 912 817 in 1970 with 4 077 in 1971. Impediment figures show 1989 at 34.4 million, 1970 at 27.8 million, and 1971 at 28.2 million.
MENTIONED IN THIS ARTICLE
Montpelier
Vermont Agency of Development and Community Affairs
Vermont
Veterans benefits announced at White River Junction
The Veterans Administration notified 61,000 veterans wearing prosthetic devices about an annual clothing allowance of 7160. The payment, part of Public Law 92-328 approved June 34 1972, grants a 10 percent cost of living increase to about 2.2 million veterans with service-connected disabilities. Retirees and others who did not receive the notice should contact the nearest VA regional office. annual filing is required before August 1.
MENTIONED IN THIS ARTICLE
White River Jct
Veterans Administration
Stephen Clark to head new Vermont National Bank branch
Brattleboro New Putney Road office of Vermont National Bank opens November 6 in temporary mobile facilities at Brattleboro North shopping center. Stephen Clark of Jamaica will supervise the new T3th office with drive in window and full services. Clark, a graduate of the bank’s Management Development Training Program, is married to Lexa Campbell and has two sons Gregory and Christopher. He will be assisted by Patricia Bagley Sydney Lesure and Betty Hewitt.
MENTIONED IN THIS ARTICLE
Brattleboro
Putney Road
Vermont National Bank
Brattleboro North Shopping Center
Stephen Clark
Jamaica
Clark
Vermont National
Canal Street
Bank
Lexa Campbell
Gregory
Christopher
Patricia Bagley
Sydney Lesure
Betty Hewitt
George Lyon named VNB official in Brattleboro
George J. Lyon is appointed vice president and trust officer of Vermont National Bank in Brattleboro. A Durham North Carolina native and University of the South and UNC graduate, Lyon has a career in banking including Citizens and Southern National Bank in Columbia and American National Bank in Morristown New Jersey. He joins VNB to expand trust and investment services in southern Vermont communities. Lyon has settled in Brattleboro.
MENTIONED IN THIS ARTICLE
George Lyon
VNB
Brattleboro
George L.lyon
Vermont National Bank
Durham
N.C
Lyon
University of the South
University of North Carolina
U.s.air Force
Citizens and Southern National Bank
Columbia
S.C
Tyan
American National Bank and Trust Co
Morristown
New Jersey
South Carolina
Chamber of Commerce
United Fund
Red Cross, Sons and Sertoma
John Hunter Jr
Wwne i
Rust Department
Vermont
Trust
Legal action stalls Benn-View cleanup
A fire at the Benn-View Motel last year left two units destroyed and 12 damaged while a legal battle unfolds in Bennington. Creditors sue owner Arnold Levitt and seek disposition of the property to satisfy claims. Levitt cites leasehold links to Raymond Stifano and Eastern Mortgage Co. as the basis, with disputes over a partnership or joint venture. The Industrial National Bank seeks 12,673 dollars plus costs, as litigation delays cleanup and sale.
MENTIONED IN THIS ARTICLE
Bean View
Bersington
Arnold Levitt
Boston
Ben-View
Bennington College
Bennington
Eastern Mortgage Co
Levitt
Raymond B. Stifano
Fastern Mortgage Co
Levitt and Stissne
We Fire Insurance
Stfano
Bennington Land
Stifano
Henry
Ella Kulken
Industrial National Bank of Providence, Bil
Harvey D. Carter
Benn-View Motel
John 5S
Surgess
Barattleboro
Vermont
Globe-Union reports record nine month sales and earnings
Globe Union Inc Milwaukee reports nine months ended Sept 30 1972 record sales of 131 225 000 and net earnings of 2 557 000 or 1 40 per share up 31 percent and 24 percent respectively from the prior year. Twelve month figures show 176 196 000 in sales and 4 102 000 in earnings with a shift to fiscal year ending Sept 30 1972. Battery volume rose 37 percent with expanded facilities and start up costs, electronics volume up 18 percent reducing losses.
MENTIONED IN THIS ARTICLE
Milwaukee
Wis
Globe- Union Inc
Globe Union
C.O. Waring Jr
Central Vermont Public Service weekly kilowatt hour output rises
Elected output for the week ending November 9 was 35,486,400 kWh, up 3,755,100 kWh or 12.63 percent from a year ago. Year to date output reached 1,446,908,100 kWh, a 10.70 percent increase over last year.
MENTIONED IN THIS ARTICLE
Rutland
Central Vermont Public Service Corporation
Also Mentioned on This Page
Friendly Inns
Carlisle
Family Inns
Rocky Mount
Southern Scottish Inns
New Orleans
Regal # Inns
Mt. Vernon
Country Squire Inns
Perry
Overnight Inns
Holiday Inns, Inc
Kenmnons
Gateway Eyesore
Sprague
Neal W. Welch
Bruce A. Carlson
Maderia
Lauan
North Street
DIAL
Gerald E. Morrisey, Inc
Bennington, Vt
John D. Clawson
Paul J. DeConnnck
Stanley Works
Paradise
Clawson
Eagle Square
Shaltabury
New Branch Bank
Benn-View
Globe-Union
North
Benninaran Road
Brorington, Vermont
Snow Tire
Smso
Auto Stores Inc
Main ST
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