Dan River Inc reports record fourth quarter 1975 sales and earnings
Dan River Inc. reported Q4 1975 net earnings of $3,151,000 or 55 cents a share, up from $924,000 in Q3 and a loss of $364,000 in Q4 1974. Sales volume rose to $141.6 million, a 42 percent increase from the prior year. The year 1975 showed a net loss of $2,949,000 on $405.4 million in sales, with finishing fabrics losses liquidated and operating improvements noted as cash dividends resumed and 7.5 cent quarterly payout declared.
MENTIONED IN THIS ARTICLE
Dan River Inc
R. 5
Small
Dan River
Stall
DRI
Smail
Council to consider over $100,000 in public works requests
The council will meet as a committee of the whole to review more than 100000 in requests for public works and library equipment. A 910000 front end loader tops the public works list with smaller trucks and autos. Library security equipment valued at 15000 is also proposed amid recent thefts. Other small items include 5000 for the National Tobacco Textile Museum and 4000 for a cemetery water line.
MENTIONED IN THIS ARTICLE
Cry Council
Public Works
Gus W. Dyer Jr
Dyer
James W. Lord
David Flick
National-tobacco-Textile Museum
Saeger
George B. Anderson
DEA backs negotiations bill in Virginia despite earlier stance
The Danville Education Association urged the Virginia General Assembly to pass a negotiations law for public employees, aligning with VEA policies and noting 18 local associations already have bargaining rights. DEA stressed action on a law while reiterating no support for a general collective bargaining scheme. In a separate note, Raleigh officials plan to resume ticketing parking violators after a court ruled the past enforcement system unconstitutional.
MENTIONED IN THIS ARTICLE
Danville Education Association
Virginia General Assembly
DEA
Virginia Education Association
Robert G. Neals
Danville
General Assembly
VEA
Raleigh
Superior Court
Babbitt not certified in Reynolds death case
In Pittsylvania County circuit court, the murder charge against Richard Calvin Babbitt of Sandy Level for the July 27, 1975 death of Dillard Sherman Reynolds of Pittsville Rt. 1 was not certified in the general district court yesterday. Judge Nelson Light said the uncertified status resembles a nolle prosequi and allows revival if new evidence emerges. The refusal followed the absence of the sole witness, with self defense noted in a statement from the defendant. The preliminary hearing had been delayed to locate the witness.
MENTIONED IN THIS ARTICLE
Commonwealth
Light
Judge Light
Virginia-Carolinas honors three workers at bicentennial event
Artie Tompkins of Danville Tompkins Furniture Co. joined Don Cavanaugh of Rocky Mount and Wesley G. Murray of Summerville in receiving honors for community service at the Virginia-Carolinas Home Furnishings Representatives Association Inc. dinner in High Point attended by about 20. In Keeling three men face grand jury charges in a Jan. 17 shooting death of Lee Roy Glenn at Jamerson White farm. Womack, 35, is held on murder and gun charges. Florida?
MENTIONED IN THIS ARTICLE
Artie, M. Tompkins Jr
Danville
Tompkins Furniture Co
Virginia-Carolinas Home Furnishings Representatives Association Inc
Don Cavanaugh
Rocky Mount
N.C
Wesley G. Murray
Summerville
D.C
Thgh Point
Jefferson Womack
Womack
Keeling, Rt. 1
Lee Roy Glenn
Keeling
Rt. 1
Pittsylvania
Owen Saunders
Jamerson White Farm
Keeling RL
Bridge bid set to replace Banister River span near Markham
Virginia Department of Highways and Transportation will open bids Feb 25 for 15 projects including a 197-foot concrete and steel bridge over the Banister River on Route 686 near Markham. The old 106-foot truss bridge collapsed March 27 1975 after an overweight logging truck incident.
MENTIONED IN THIS ARTICLE
Virginia Department of Highways and Transportation
Banister River
Markham
Jerry Allen Gibson
Gretna Rt. 2
Gibson
G. T. Teaford
Highway Department
State Highway Department
Bayliss
Danville Residents Brace for Winter Gas Costs
A Danville survey shows 23 of 25 residents doubt utility bills will fall next winter as many conserve energy. Firewood coal and wood burning stoves rise in demand while 15 keep thermostats below 70. Officials promise adequate gas for the remaining winter months.
MENTIONED IN THIS ARTICLE
Danville
Ella McBride
Green Street
Dan Taylor
Taylor Hardward and Paint Company
Taylor
Therit Winstead
Danville Tree Cave
Winstead
Market Sells 482 Animals For 65000 At Virginia-Carolina Sale
The Virginia Carolina Livestock Market held a strong sale with 482 animals auctioned for 65500 led by hogs and cattle alongside calves and cow-calf pairs. Market Manager Jimmy Hodges Jr noted prices rose across categories except veal, with hogs and cattle drawing top per hundredweight bids.
MENTIONED IN THIS ARTICLE
Virginia-Carolina
Jimmy Hodges Jr
Hodges
Also Mentioned on This Page
Fred
Frank Keatts
Sugartree Meat Processing
Pittsylvania County
Fred Keatts
Floyd
Rt. 58
Axton
Via
Raleigh, N. C
Babbitt
Reynolds
Artie Tompkins
General District Court
Circuit Court
Sidney Kavilla Bishop
Ronald Dean Hall
James Alfred Hammack Jr
Vernon Wayne Smith
Michael van White
Pittsylvania General District Court
Gibson's Insurance Company
State Highway and Transportation Commission
Alon
Melvin Bayliss
Chatham
State Department of Highways
Bailey Bridge
Anderson
Virginia
Department of Perseiine
Vanner
Cutter
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