Seasonal Decline Hits Morgan County Jobs and Local Promotions
Morgan County total employment slides 410 in the three months ending December to 30,990, with unemployment at 3.4 percent. Still, 12 month figures show a 1,100 rise as construction and seasonal agriculture expected to rebound. Decatur Hartselle area foresees growth while new projects begin. Bill Sherman and Thornton Cole win Alabama Trucking Association offices in Biloxi. Adams Village Squire expands south of Sears Roebuck. The Carriage Shop moves within Decatur. Promotions at Champion International shift Carlsson and Arthur to new posts managing timber procurement. Florah Hinkle joins Mary Kay Cosmetics as sales director. Robbie Hines named administrative assistant at Founders Financial Corp in Tampa. Polaroid SX-70 to launch in Alabama next week with Laurence Olivier as spokesman. sales start June 4.
MENTIONED IN THIS ARTICLE
Lee Sentell
Morgan County
Alabama Department of Industrial Relations
Decatur-Hartselle
Decatur High School
Robbie J. Hines
Founders Financial Corp
Founders Life Assurance Co
Tampa
Fla
J. Roston Hoover
Decatur
National Secretaries Association
Polaroid Corp
Alabama
Laurence Olivier
Hard Times Hit Investor Empire Founder Cornfeld in Geneva
Bernard Cornfeld, founder of the IUS empire, is jailed in Geneva on fraud charges as Vesco faces SEC allegations of looting around 224 million dollars. Vesco, tied to a secret 200000 payoff to Nixon campaign fund, remains sought by Swiss police amid legal probes in New York and Washington.
MENTIONED IN THIS ARTICLE
New York Times
Geneva
Alps
Bella Vista Villa
Bernard Cornfeld
I.U.S
Robert L. Vesco
International Controls Corp
Fairfield
N. J
Cornfeld
St. Antoine
Vesco
Costa Rica
I.0.s
Bernie
Rue de Lausanne
Gas Supply Woes and IOS Financial Collapse Report
Memorial Day motorists faced rationing and locked stations as a California attendant was shot during a gas dispute. The piece also recounts the downfall of I.O.S. LTD led by Vesco and Meissner, detailing its Geneva operations, investor funds, and the 1972 freeze on redemptions.
MENTIONED IN THIS ARTICLE
Oakland
Calif
Henry Craigs
Craigs
Cincinnati
Ohio
Standard Oil
Lima
Gordon Larkin
California
Office of Emergency Services
Larkin
West Yellowstone
Montana
Treasury Department
Lumber Prices May Drop To Builder
New York report notes forecast of lower softwood lumber and plywood costs could enable home price cuts. Industry observers differ, citing slow pass-through to builders and rising land costs, with experts predicting housing starts to ease through year end.
MENTIONED IN THIS ARTICLE
Gerd Wilcke
New York Times News Service
New York
Forest Products Industry
Ralph D. Hodges, Jr
National Forest Products Association
Michael Sumichrast
National Association of Home Builders
Washington
Sumichrast
George A- Christie
F. W. Dodge
McGraw-Hill Information Systems Co
Christie
Local hires and promotions span aviation, insurance, and textiles
Jackie Peek joins Fred Peek Motors sales staff on U S 31 south and is son of owner Fred Peek. Frank P. Samford Jr. yields presidency of Liberty National Life Insurance to Charles Clayton, with Samford as chairman and elected chairman of the executive committee. Leroy May promoted to senior evaluation analyst at Monsanto Textiles Co according to J C Stenborg.
MENTIONED IN THIS ARTICLE
Jackie Peek
Jacksonville State University
Fred Peek Motors
U. S. 31 South
Fred Peek
Birmingham Insurance
Frank P. Samford Jr
Liberty National Life Insurance
Charles Clayton
Samford
Leroy May
Monsanto Textiles Co
J. C. Stenborg
Shut Down Marginal Stations Urged by Gasoline Market Chief
Charles Binsted, president of the National Congress of Petroleum Retailers, urged eliminating marginal service stations during the current fuel shortage. He said higher operating costs and environmental standards will force closures to improve efficiency and competition.
MENTIONED IN THIS ARTICLE
San Francisco
Charles Binsted
National Congress of Petroleum Retailers
American Petroleum Institute
Division of Marketing
Binsted
Robert B. Greenes
National Oil Jobbers Council
Greenes
Frederick Lichtman
Society of Independent Gasoline Marketers of America
Also Mentioned on This Page
Ake
THE
Decatur Daily
Alabama Trucking Association
Biloxi
Miss
Bill Sherman
Decatur Transfer and Storage Co
Household Carriers Division
Thornton Cole
Jack Cole
GMC Co
W. D. Biggs
Sheffield, Chem-Haulers Inc
Adams Stores
Adams Village Squire
Sears Roebuck
Gateway Shopping Center
Jimmy Adams
Marcella Adams
6Th Ave
Allison Bailey
Courtland
Donald Powell
Timberlands
Champion International
Burt Carlson
Carolina
Carlson
Courtland Pulp and Paper Mill
Jack Arthur
Auburn University
North Carolina
Arthur
University of Florida Forestry
Danville
Danville 3 Werlan
Flora Hinkle
Mary Kay Csometics
May
Monsanto
Hinkle
Cutler -Hammer
Cutler-Hammer Co
Cutler-Hammer
Athens
By Victor Lusinchi
Associated Press
I.O.S
1.0.S., Ltd
Montreal
I.O.S. Ltd
Milton F. Meissner
Meissner
Ulrich Stricker
I.O.S., Ltd
Strickland
S.E.C
New Jersey
Bella Vista
Ferney-Voltaire
I.0.s. Administrative Services Center
France
LOS
Nyon
U.S
Luxembourg
Grand Duchy
Edward T. Whitcraft
1.C.S. France
Jean A. Guilhermet
Far East
Son
Adams