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Newspaper
Decatur Daily
Location
Decatur, Alabama, United States of America
Date
Jan 09, 1973
Page
6
Sylvia Porter notes 1972 saw price drops across everyday items from corn flakes to handbags and raincoats while several goods held steady or rose earlier. She cites increased crops, Amtrak fare cuts, auto insurance relief, and productivity gains as factors shaping inflation and calls for stronger anti trust and policy actions.
The OK Amigo Mexican restaurant and the Hong Kong Islander in Decatur offer non American cuisine expanding dining options. The Mexican spot moved from Neel, owners Carlos Sorto and wife, with most customers seeking Mexican fare. The Hong Kong Islander, run by Kam Tat Ching, reports strong noon and weekend turnout.
Dennis Malone reports a 50 percent sales lift at Malone Super Market after promoting USDA Choice Black Angus beef via newspaper and radio ads. The campaign drew customers from Huntsville and boosted repeat business, with national trade press covering the story and two accompanying photographs.
The SEC plans a tough rule to require all brokerages to follow uniform net capital regulations, superseding exchange rules. The move shifts self regulatory authority from exchanges to the government, aiming to strengthen oversight after the Wall Street capital crisis of 1969 and 1970.
The job outlook for engineers scientists and technicians is brightening as the U S economy expands career openings and raises salaries. Major U S corporations plan to hire 42 percent more bachelor degree graduates in engineering this June than June 1972 and 27 percent more master degree graduates, with starting salaries around 905 per month for bachelors and 1059 for masters.
A new group named Retired People of Alabama RPA aims to help Alabama retirees save 10 percent on purchases at participating stores. President Richard S. Schwarts says the program, based in Montgomery, currently includes drug stores florists tire stores optical services hearing aid firms jewelry shops and pest control firms with plans to expand to more types. Members will receive a list of participating stores and a quarterly magazine. An annual membership fee is charged. The group plans chapters and county coordinators by year end 1973 and invites inquiries to the Montgomery offices.
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