Orloff Named Director of Development at Indian Head Inc
Roger B. Orloff aged 29 has been appointed director of development for Indian Head Inc. by vice president Edwards C. Whitmore. Formerly he directed corporate planning at Amerace Es son Corp and held roles at Diamond Shamrock Corp in marketing and research for special chemicals. He graduated from Harvard Business School and Rensselaer Polytechn ic Institute and resides in Scarsdale New York.
MENTIONED IN THIS ARTICLE
Roger B. Orloff
Indian Head, Inc
Edwards C. Whitmore
Amerace Esson Corp
Diamond Shamrock Corp
Orloff
Harvard Graduate School of Business Administration
Rensselaer Polytechnic Institute
Scarsdale, N.Y
Piedmont Savings Director Elected to State League Board
Ray Hubbard and W D Lee Jr are named to the board of the North Carolina Savings and Loan League, serving two years. The League covers all 184 North Carolina savings and loan associations. Rex Knitting Mills promotes Richard Wade to executive vice president of the southern operation. Ernest Agan becomes vice president of research and development at Rex's Hickory center, and George Hurt rises to production manager overseeing seven knitting operations. Armstrong Cork sells ACandS unit to North Lime Corp for about 8.5 million, with North Lime planning further stock issuance after SEC registration. The move aligns with Armstrong's plan to focus resources on markets suited to its growth. In the past two years Armstrong has bought Thomasville Furniture and divested E B Carpet Mills packaging and consumer lines, investing in resilient flooring and building products. The Nature Conservancy in Washington DC says Georgia-Pacific donates 4.5 million in prime redwood in Northern California, covering 390 acres in two groves. Georgia-Pacific also approves a 76 million timberland investment and declares a quarterly cash dividend of 20 cents per share plus 1 percent in stock, payable Sept 34 to holders of record Aug 8, with a 10 percent cash increase before a two-for-one stock split on June 2.
MENTIONED IN THIS ARTICLE
Ernest Agan
New Hickory
George Hurt
Rex
Armstrong
Thomasville Furniture Industries, Inc
E & B Carpet Mills, Inc
Freeman promotes Mark C Dillard at Freeman Associates
Freeman Associates of High Point announces engineer Mark C. Dillard has become an associate. Dillard, a Penn State graduate and former owner of his own firm, will head electrical engineering and work on Freeman projects at Guantanamo Bay Cuba and a Caribbean military project.
MENTIONED IN THIS ARTICLE
Mark C. Dillard
Wm. F. Freeman Associates
High Point
George E. Freeman
Dillard
Pennsylvania State University
Freeman
Guantanamo Bay
Cuba
Caribbean Islands
Factors appoints two credit managers in High Point
Credit managers Jake E. Auman and Joseph M. Whitley were appointed at Factors Inc. of High Point, announced by president W. M. Webster. Auman brings consumer finance experience since 1957, while Whitley comes from Dun and Bradstreet after 11 years as reporting and servicing manager and supervisor. They will handle credit management and client relations.
MENTIONED IN THIS ARTICLE
Jake E. Auman
Joseph M. Whitley
Factors, Inc
High Point
Factors
W. M. Webster
Auman
Whitley
Dun & Bradstreet
New Staff Member Richard Hedgecock Joins Cameron-Brown Co
Richard Lee Hedgecock formerly of Asheboro joins Cameron- Brown Co builder service staff. He previously worked at the Research Triangle Institute in Raleigh and is married to Doris Ann Allred of High Point. The couple resides in Cary. Harris Realty affiliates with the American Institute of Marketing Systems to offer regional nationwide and local marketing services.
MENTIONED IN THIS ARTICLE
Richard Lee Hedgecock
Asheboro
Cameron— Brown Co
Hedgecock
Research Triangle Institute
Raleigh
Doris Ann Allred
High Point
Cary
Harris Realty
American Institute of Marketing Systems
Real Estate Broker Joins Harris Realty as Saleswoman
Caroline Malpass joins Harris Realty Co as a saleswoman. A High Point College and Lee Institute graduate, she has years in investment real estate and has managed RCM Rentals for two years. She holds an active real estate broker license.
MENTIONED IN THIS ARTICLE
Caroline Malpass
Harris Realty Co
Mrs. Malpass
High Point College
Lee Institute of Real Estate
Ulrich Returns To Lead NC and VA Manufacturers Group
Ulrich, former WSJS-TV sports director, heads to Winston-Salem to establish headquarters as program director for the North Carolina and Virginia division of the National Association of Manufacturers.
MENTIONED IN THIS ARTICLE
Max Ulrich
Wsjs-Tv
Winston-Salem
Atlanta, Ga
North Carolina
Virginia
National Assn. of Manufacturers
Dreams of Surplus Lift U S and Britain
The United States and Britain report surprising gains this month. In the U S a budget surplus grows to over $3 billion as personal income taxes exceed expectations by 2.8 billion dollars, while Britain benefits from a long running error in export estimates, adding 24 to 36 million dollars annually since 1964, prompting speculation on economic effects.
MENTIONED IN THIS ARTICLE
United States
Britain
Nixon
Treasury
Board of ‘Trade
Aetna completes Civic Enterprises acquisition in Milwaukee
Aetna Life and Casualty of Hartford announces completion of its purchase of Civic Enterprises of Milwaukee and its Civic Finance Corp unit. The deal creates a Civic affiliation to serve small businesses with a new 2 par value voting preferred stock issue of about 290000 shares listed on the New York Stock Exchange. Civic Enterprises and Civic Finance Corp shareholders approved exchange of their Civic stock for the new Aetna preferred on July 15.
MENTIONED IN THIS ARTICLE
Aetna Life & Casualty
Hartford, Conn
Civic Enterprises, Inc
High Point
Aetna
New York Stock Exchange
Civic Enterprises
Civic Finance Corp
Daniel Constructions Wins Greensboro Projects
Daniel Constructions Inc has been awarded contracts by Burlington Industries for a new Greensboro corporate headquarters and a large addition to the research center. The 400000 square foot office complex costs about 12 million dollars and should be finished by mid 1971. The 130000 square foot research addition costs around 4 million dollars.
MENTIONED IN THIS ARTICLE
Daniel Constructions., Inc
Burlington Industries
Greensboro
Hanes Buys Bali Stock From Sam Stein
Hanes Corp of Winston-Salem agrees to purchase all Bali stock owned by Sam Stein, Bali chairman, totaling about 42 percent of Bali’s outstanding common shares. The deal consolidates control of the Bali Company with Hanes.
MENTIONED IN THIS ARTICLE
Hanes Corp
Winston- Salem
The
Bali Co., Inc
Hanes
Bali
Sam Stein
Bali Board
Stein
Dividends Declared by Several Companies This Quarter
Armstrong Cork Co declares 20 cents a share on common stock payable Sept 2 to holders of record Aug 15 and 93 1/2 cents on the $3.75 cumulative preferred stock payable Sept 15 to holders of record Aug 15. Simmons Co reports second quarter earnings rose 21.5% to 2,454,109 or 0.86 a share, a record for the period. North American Rockwell declares 50 cents a common share payable Sept 8 to holders of record Sept 2. Alba-Waldensian reports first half 1969 sales 12,666,400 up 15.2% with earnings 519,800 or 0.50 a share. First Union National Bancorp declares 29 cents a share quarterly dividend payable Sept 15 to holders of record Aug 15, up 2 cents from last year.
MENTIONED IN THIS ARTICLE
Armstrong Cork Co
Simmons Co
Joseph V. Quarles
North American Rockwell Corp
Alba-Waldensian, Inc
Louis W. Garron
First Union National Bancorp, Inc
Trade Winds Smart Investors Saw Economy Decline
Wealthy investors began unloading common shares from January to mid March 1969, foreseeing GNP growth would fall short of 1968 levels. They cited NICB findings that $14 billion quarterly GNP growth was needed to maintain profits, plus Fed deflation efforts and rising labor costs. Earnings faltered in Q2 and experts forecast slow, bumpy recovery after 1969.
MENTIONED IN THIS ARTICLE
New York
Nana
National Industrial Conference Board
NICB
Federal Reserve
Thomas Waage
New York Federal Reserve Bank
Jesse Jones Sausage Co Opens First Raleigh Restaurant
Jesse Jones Sausage Co expands into fast food with Jesse Jones Restaurant Systems. The first eatery is now open in Raleigh, with sixty outlets planned across the Carolinas and Virginia.
MENTIONED IN THIS ARTICLE
Jesse Jones Sausage Co
Jesse Jones Restaurant Systems
Raleigh
Carolinas
Virginia
Premium income climbs 38 percent at Life Assurance Co
Life Assurance Co of Carolina reports premium income of 1,098,992 for the first half of 1969 at its quarterly meeting led by chairman Car son C. Stout. Compared with 787,911 in 1968, policyholder payments rose to over 395,000, up 47 percent. Fire insurance in force tops 140 million, up from 130 million in 1968.
MENTIONED IN THIS ARTICLE
Life Assurance Co. of Carolina
Carson C. Stout
Life of Carolina Board
Controller Ladies Hosiery and Footwear Mfg Ad
Position seeks two years accounting or manufacturing experience with fringe benefits. Resume confidential to P Caperson at Sunshine State Mills 16403 N W 8th Avenue Miami Florida 33149.
MENTIONED IN THIS ARTICLE
P. Caperson
Sunshine State Mills
N. W. 8Th Avenue
Miami
Florida
Also Mentioned on This Page
Lee
Ray Hubbard
W. D. Lee Jr
Piedmont Savings and Loan Assahere
N. C. Savings and Loan League
Savings and Loan Associations
Rex Promotion
Rex Knitting Mills
Richard Wade
Acands, Inc
North Lime Corp
North Lime
Securities and Exchange Commission
AC Ands
James H. Binns
Redwood
Nature Conservancy of
Washington, D.C
California
Georgia-Pacific Corp
Georgia-Pacific
Credit. Managers
AIM
Harris
Ulrich
U.S
Civic
Hornblower & Weeks
Hemphill Noyes
Friendly Ave
Geo. G. Jones
Res
Mgr
Charles E, Diffendal
W. C. White
P.O. Box
Federal Reserve Board
FRB
Andrew Brimmer
William Martin
White House
Paul McCracken
President's Council of Economic Advisers
CEA
Raymond Saulnier
DEA
Eisenhower
Fife
Telephone
Wachovia
Southeast
Plus
Federal Deposit Insurance
Jim Brafford
Wm. H. Bell
DODGE
Chrysler
Plymouth
General Motors
FORD
Piedmont Triad
Horace G. Ilderton
Main St
HFC
More People Trust
Household Finance
Coupriin of Ghort
South Main Street
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!