Decatur Hosts Sales Congress Caravan Sessions
Decatur will host an Alabama Sales Congress Caravan session at Decatur High School Auditorium 9 30 a m Saturday with over 500 expected attendees. The four city tour began in Mobile then Montgomery and Birmingham, ending in Decatur. Noted speakers include Charles E Jones John M Jackson Jr and Harry Stewart along with Edna R Dale Alabama Association of Life Underwriters president. Luncheons planned by Liberty National Life Mutual Savings Independent Life and others.
MENTIONED IN THIS ARTICLE
Decatur
Alabama
Congress Caravan
Alabama Association of Life
Decatur High School
Mobile
Montgomery
Birmingham
Charles E. Jones
Harrisburg
John M. Jackson Jr
CLA
Atlanta
Harry Stewart
Raleigh
N. C
Edna R. Dale
Alabama Association of Life Underwriters
Dale
Protective Life Insurance Co
Enterprise
Ala
Jones
Life Management Services Inc
Jackson
The
Life Insurance Co
Georgia
Stewart
Occidental Life Insurance Co
North Carolina
Liberty National Life
Mutual Savings
Independent Life
North Alabama
Department Stores Show Sales Gains Across the Sixth District
January 1966 data show Mobile up 27 percent and Montgomery up 18 percent in furniture store sales, with overall district department store sales up 10 percent from a year earlier. Alabama’s year to year gain, offset by a decline in Other Alabama, yields an 11 percent district rise. Instalment balances rose in Mobile, Birmingham, and Montgomery, with debts being settled at a 17 month rate. Consumers averaged 73 days to clear accounts, and district furniture store instalment balances were 7 percent higher than in January 1965. The Sixth Federal Reserve district covers Alabama Florida Georgia southern Louisiana Mississippi and eastern Tennessee.
MENTIONED IN THIS ARTICLE
Mobile
Montgomery
Birmingham
Alabama
Federal Reserve
Rainey
District Furniture Stores
Florida
Georgia
Louisiana
Mississippi
Tennessee
TVA Dams Draw Record Visitors Across 1965 Totals
Tennessee Valley Authority facilities attracted about 1.5 million visitors in 1965 with Kentucky Dam leading totals and Wheeler and Wilson Dams notable gains. Guntersville and Colbert Plant also hosted tens of thousands while Florida residents again formed the largest outside-state group. Overall TVA lakes visits exceed dam counts.
MENTIONED IN THIS ARTICLE
Decatur Daily
Kentucky Dam
TVA
Fontana
Pickwick Landing
Chickamauga
Florida
Wheeler
Wilson Dam
Steel Industry Plans Record 1966 Capital Spending
The steel industry in the United States plans to invest a record 2.2 billion dollars in new plants and facilities in 1966, up 300 million from 1965. The 1965 capital expenditures reached 1.9 billion, the highest on record, surpassing the 1.7 billion spent in 1957.
MENTIONED IN THIS ARTICLE
U.S
American Iron and Steel Institute
Cummings Reelected To Brown Subsidiary
Milton K. Cummings, president of Brown Engineering Co., was reelected chairman of the board of Information Sciences Inc. formed in May 1965 as a subsidiary of Huntsville based aerospace firm Brown finished the corporate reorganization and named leadership in Atlanta.
MENTIONED IN THIS ARTICLE
Atlanta
Information Science, Inc
Milton K. Cummings
Brown Engineering Co
Information Sciences
Instalment Buying Peak Reached In 1965
Economist Joe W. McLeary notes in the March Federal Reserve Bank of Atlanta Monthly Review that 1965 saw record instalment credit use as part of a broader 1961 to 1965 expansion. Outstanding consumer instalment debt rose 13.5 percent to 67.4 billion dollars amid a 27 percent rise in disposable income and easier access to credit.
MENTIONED IN THIS ARTICLE
Joe W. McLeary
Federal Reserve Bank of Atlanta
Monthly Review
U.S
State National Hikes Dividend
State National Bank directors approved a 20 percent cash dividend increase to $1.20 per share, effective July 1, with the semi annual rate rising to 60 cents. President C W Nelson cited 1965 earnings up nearly 37 percent and a stock distribution of one share for every ten held. The bank, with $10 million capital and surplus, plans to extend credit up to $1,000,000 to North Alabama and national firms.
MENTIONED IN THIS ARTICLE
State National Bank
C. W. Nelson
Nelson
State National
North Alabama
Chemstrand Names St. Louis PR Man
Robert J. Woodruff Jr. of New York has been appointed manager of public relations for the Chemstrand Division of Monsanto Co. He previously served as manager of eastern public relations for Monsanto's New York offices.
MENTIONED IN THIS ARTICLE
ST. Louis
Robert J. Woodruff Jr
New York
Chemstrand
Monsanto Co
Monsanto
Warren appointed assistant engineer at Southern Bell
James E. Warren of Hunts ville has been appointed assistant engineer for Southern Bell Telephone Co. here. A native of Rogersville he began his career with Southern Bell 18 years ago in Sheffield. Warren is married to the former Marge Cleveland of Moulton. They have one daughter and are members of the Church of Christ.
MENTIONED IN THIS ARTICLE
James E. Warren
Huntsville
Southern Bell Telephone Co
Rogersville
Southern Bell
Sheffield
Warren
Marge Cleveland
Moulton
Church of Christ
Brown Declares Stock Dividend
Huntsville Brown Engineering Co directors declare a quarterly five cent per share dividend payable March 31 to stockholders of record March 18. It marks the 23rd consecutive dividend from the Huntsville aerospace firm. Directors set March 18 as record date for a stockholders meeting at 10 30 a.m. April 8 in the new Chamber of Commerce building. The firm reports a 23 percent gain in earnings on a seven percent rise in business during 1965.
MENTIONED IN THIS ARTICLE
Huntsville
Brown Engineering Co
Chamber of Commerce
Brown
Southern Airways Staff Trained in International Booking Skills
Southern Airways employees in Decatur received advance training from Trans World Airlines on handling international reservations. The session covered booking through TWA's new executive service department and the World Air Travel Tariff, which consolidates international fares and details passports and visas. Southern Decatur led international sales in 1964. 1965 figures were not yet released.
MENTIONED IN THIS ARTICLE
Southern Airways
Decatur
Trans World Airlines
TWA
Executive Service Department
Southern
George Reidmueller
Riedmueller
Standard Of Indiana Pays Stock Dividend
Standard Oil Co Indiana paid on March 10 a regular quarterly cash dividend of 4 22 cents on each share of capital stock to stockholders of record at the close of business on February 3. The dividend is Indiana Standard's 280th dividend. The company has paid regular quarterly dividends for 53 consecutive years.
MENTIONED IN THIS ARTICLE
Chicago — Standard Oil Co. Indiana
Indiana Standard
Also Mentioned on This Page
Mrs
Ednadale
Charles Jones
John Jackson
Guntersville
Widows —Creek
Tennessee Valley Authority
North
Wheeler Dam
Num
Steel Industry
Cummings
Dacron
AVRIL
Murphy's
the Complete Variety Store
Murphy's Pulnam
Gateway Center
Compax Corp
Dad
Murphys
M-Co
Granny
Shii
G. C. Murphy CO
Boyd Armstrong
Sun
Oak Park
19Th Ave
S.E
Southern Studies Airline Booking
Standard of Indiana
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