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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Feb 15, 1976
Page
4
A Southeast region report on illegal aliens estimates about 480000 in the area, mostly in Florida, many entering legally then overstaying. It cites officials in Atlanta Miami and Memphis noting under staffing, economic impact, and cross-state flow from the Mexican border and Caribbean arrivals.
Small and obscure municipalities have boosted bond ratings to AAA in the past 20 months, aided by a municipal bond insurance consortium. Simi Valley Assess ment District No. 8, Smithtown Central School District, and Wayne County drainage districts are among 150 units benefiting, borrowing over 572 million dollars at low rates thanks to insurance guarantees.
Economists at the Philadelphia National Bank challenge claims of U.S. policy restraint. They say the federal budget is political and unlikely to align with real results and forecast Ford’s 394 billion 1977 expenditure as improbable.
U S Plywood will close its High Point operation at month end after 20 years under Charles B. Blackburn. The firm traces to 1938 and will move to a larger Hillsborough facility as it expands lumber product lines and distribution nationwide. Blackburn laments the closure but notes transfers for local employees.
The Alderman Employes Federal Credit Union earned the Thrift Honor Award for 1976 from the National Credit Union Administration for large savings growth and thrift education. Barry Kingman chairs the board, Frances Younts is secretary treasurer and manager. The Lane Co. reports 1975 net sales of 101.6 million with earnings per share of 2.44, down from 2.77 in 1974. Clifford Sechrest joined Harris Realty Co. as sales rep, lifelong High Point resident and broker. Stanley A. Lewy became VP at Aetna Business Credit High Point office, directing southeastern lending. Dr Frank E X Dance, Univ of Denver prof, will present two workshops in Greensboro Feb 24-25 on verbal communication. C G Mackintosh of High Point receives Distinction for Distinguished Service from International Home Furnishings Representatives Assn for contributions to High Point furniture scene. He aided Lake Park planning and served as park superintendent. active in local furniture groups.
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