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Newspaper
Herald Zeitung
Location
New Braunfels, Texas, United States of America
Date
Jun 09, 1985
Page
7
Chamber of Commerce welcomes Bill Jackson who starts Monday as director of convention and visitor services. He previously served as executive vice president of the Greater Randolph Area Chamber of Commerce.
The article explains preferred stock as a more secure income source than common shares, with fixed dividends and priority over common but after bonds and other creditors. It details convertible preferred stock, conversion conditions, and shows an example where exchange can create value if common stock prices rise, while maintaining higher yields.
Continental Airlines filed an application in mid May to begin service from Love Field to attract business travelers. The Houston based carrier plans to use one boarding gate and operate seven daily flights to Houston where its main hub is Intercontinental Airport, officials said.
Detex announces Donald N. Cameron will report to president Dan Sedgwick and gradually assume broader operations responsibility. Cameron, with over 20 years in engineering, previously led Argon Medical Corp design and development and held roles at Tracer-Radeon ITT Sterling and Federal Mogul.
AP reports renewed debate as Dallas retailers waver on Sunday openings ahead of the Blue Law repeal set for Sept 1. Prosecution warnings from Henry Wade spur reversals at Joske’s Mervyn’s and Marshall Field while others stay closed. Some chains will open Sundays in Austin Houston and San Antonio.
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