First National Eyes Affiliation With Alabama Bancorporation
First National Bank of Decatur plans a partnership with Alabama Bancorporation Holding Co. on Sept 30, pending Justice Department approval. The American National Bank of Mobile will join then. Federal Reserve Board has approved both bank applications to form the holding company with First National of Birmingham.
MENTIONED IN THIS ARTICLE
Lee Sentell
First National Bank of Decatur
Alabama Bancorporation Holding Co
Gordon Jones
Justice Department
American National Bank of Mobile
Federal Reserve Board
First National of Birmingham
Bank approvals and regional business updates across Alabama
In a stockholders note Jones highlights a significant Federal Reserve related approval for bank affiliation. Gold Kist Fish Dept joins Gold Kist Foods as part of a regional push. A soybean plant will be built on the Tennessee River at Decatur. The Decatur Housing Authority seeks $1.25 million in project notes with notes issued Oct 11 and mature Oct 5 1973. Various appointments and business notes across Decatur Cullman and Hartselle include hires at Matthews Machine Co. and Your Insurance Man Inc. Also reports on awards for a mystery car prize and industry updates from ConAgra and National Life Insurance dividends.
MENTIONED IN THIS ARTICLE
Gold Kist Fish Dept
Gold Kist Foods
Gold Kist
Fortune Magazine
Tennessee River
Decatur
Decatur Housing Authority
Housing Authority
Bob Neill
Inflation and dollar value in 1948 to 1972 analysis
Sylvia Porter surveys how the dollar has shrunk from 100 cents in 1948 to about 57.6 cents by 1972, detailing rising costs from food to clothing. The piece notes CPI peaks, policy defendability, and a Birmingham Alabama conference on industrial development with Dr. Carl Madden and other leaders outlining economic strategy.
MENTIONED IN THIS ARTICLE
U.S
Truman
Miami Beach
Republic
Washington
White House
Nixon
Carl H. Madden
U.S. Chamber of Commerce
Alabama
Birmingham
Parliament House
Madden
Jack Woolridge
Nation's Business and Associates
Wilbur Martin
Sterling G. Slappey
Nation's Business
Chamber of Commerce of the
United States
Washington, D. C
J. Frank Alspaugh
Commonwealth of Virginia
Virginia
H. G. Hennig
Reliance Electric Co
Cleveland
Ohio
Hennig
Herschel H. Friday
Little Rock
Ark
Guy Nerren
TVA Power Sales Rebound After Slowdown
TVA reports power sales resumed growth after 1970 71 slowdowns. For fiscal year ending June 30 total sales reached 91.1 billion kWh, slightly above last year. Hydroelectric output rose to 21.3 billion kWh with record streams boosting generation.
MENTIONED IN THIS ARTICLE
Tennessee Valley Authority
TVA
Atomic Energy Commission
AEC
Also Mentioned on This Page
First National Eyes Affiliation
Jones
Wade Is
Lawrence County High School
Tennessee Valley State Trade School
James A. Fowler
Eva
Marvin E. Mitchell
Texas Christian University
Hartselle
Phillip McDaniel
Johnson
Winona
The
Institute of Scrap Iron and Steel
Morley Denbo
Denbo Iron and Metal Co
Washington, D.C
Gene Lyons
Frank Stalcup
Your Insurance Man Inc
Lyons
Ohio State University
Rex Rankin
Stalcup
Memphis
Memphis State University
Jackie Carpenter
Carpenter
Texaco
Addison
Gates Rubber Co
Jackie
Kennedy
Cullman
Dennis McMeans
Cumberland Capitol Corp
2Nd Ave
Decatur High School
Cumberland
Florence State University
Dollar General Corp
M. H. Stephenson
Cook
Pest Control
Chattanooga
Crown Exterminating Co
Crown
Stephenson
Denton Cole
First National Bank
Southwestern Graduate School of Banking
Southern Methodist University
Dallas
Cole
ConAgra
Allen Mactier
National Life Insurance Co
Vermont
James Wade
Carl Madden
Sylvia Porter
Natio
Plation
H. B. Richards
A. E. Ruscilli
Amoco Chemicals
J. D
Whit King
Monsanto Co
Alabama Textile Manufacturers Association
Lem Coley
Russell Mills Inc
Point Mallard
C. E. Adams
University of Alabama
Anyan Gordon
J. F. Vallery Jr
Harwell
England
Berkshire
Scotland Yard
DIAL
Charles E. Gunthar
Charles E. Guntharp
Charles Gunthorp
Decatur, Ale
Lac Hy Sutter
H&r
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