New Investment Plan Weighed By Government
AP Business News reports two big banks Citicorp and Chase proposed notes for small investors with a 35 000 minimum and floating 1 above T bill yields 7 8. Citibank delay due to SEC and Fed scrutiny. concerns rise over deposits shifting from savings institutions and possible housing fund shortages. Burns and Patman weigh regulatory options and potential subsidies.
MENTIONED IN THIS ARTICLE
Stephen H. Miller
AP Business News
Hastor New York
U.S. Treasury
Citicorp
New York
First National City Bank
Treasury
Citibank
Securities and Exchange Commission
Arthur Burns
Federal Reserve Board
Burns
Citibank and
Chase
New York State
Mutual Savings Banks
Sen
Wright Patman
Senate Banking Committee
Congress
Federal Reserve
Patman
Motel 6 Opens With 83 Rooms In High Point
Motel 6 debuts an 83 unit facility at 200 Ardale Drive in High Point, the chain’s 173rd. James and Mrs Lott manage the outlet. Rates range from 6.95 to 12.95 per room. Each room has carpet, TV, heat and AC. Heated pool on site. The chain has 16,600 rooms nationwide and ranks as the 10th largest US lodging chain. Originating in 1962 with two motels in Santa Barbara.
MENTIONED IN THIS ARTICLE
Motel
High Point
Ardale Drive
James Lott
United States
Motel 6
Santa Barbara
Home Sales Reported Up During May
Chicago report shows May existing single family home sales 3.7 percent higher than May last year, marking a second straight year over year gain but below April’s 7.6 percent rise. Median May home cost rose to 32130 from 28790, up 11.6 percent.
MENTIONED IN THIS ARTICLE
Chicago
National Association of Realtors
Market Recovers as Dow Ends Higher After Turbulent Week
The Dow Jones Industrial Average closed at 787.23 on Friday, down 4.54 from the prior week, with the Associated Press average at 238.6 a drop of 3.4. After steep losses early in the week the market rebounded on Tuesday but slid again before a Friday recovery attributed to easing wholesale prices and reduced loan pressure.
MENTIONED IN THIS ARTICLE
Dow Jones
Associated Press
Confidence in borrowing grows despite long-term debt aversion
North American Newspaper Alliance notes economists split on loan demand. Short-term credit rises due to long-term money shortages as public utilities and firms seek quick funding for inventories and plant investments. Analysts warn a spillover and expect prime rates to rise, with lenders leaning on superstition about hitting 13 percent.
MENTIONED IN THIS ARTICLE
Lou Schneider
Alliance
New York
Davis Furniture Names Gail Treadway National Sales Manager
Gail E. Treadway is named national sales manager at Davis Furniture Industries High Point directing 32 nationwide sales reps. With 20 years in furniture he arrives from a Chicago area contract maker where he was national sales manager. He and daughter Jill reside at 2002 Stoneybrook Drive.
MENTIONED IN THIS ARTICLE
Gail E. Treadway
Davis Furniture Industries
High Point
Davis
Treadway
United States
Chicago
Aurora College
Aurora, Il
Jill
Stoneybrook Drive
Also Mentioned on This Page
High Point Enterprise
Pert
NEW ‘Motel
National Association of Securities Dealers
Aerotrald
Astad American Furniture
Atlantic Pepsi
N.C
Bank of Granite
Bassett Furniture
Beaman Corp
Central Caro
Central Vermont
Kenan
Lance Inc
Charter Bankshares
Lane Co
Chatnham Mfg
Legget & Platt
C&s Corp
SC Life Assurance
Caro
Gastonia
Little Giant
Coca-Cola Co
Little Mint
Coronial Life
Love's Companies
Bank Greensboro
Mack's
Conner Homes
Multimedia GM
Dantel Internat
Mor & Pops Diamondhead Corp
Ncnb Corp
Durham Life Ins
NC Natural Gas
Paso Electric Arena Northwest Fin Car
Am Engraph Inc
NoWestn Fin Inc
NoWestn
Als Farmers New Wid Life
Va Fidelity Corp
First Cil Bank& Trust Occidental
Ins
We Cnb
Calawhe
Oakwood Homes
Food Town
Gent Financial
Sta Peoples Bank of Rocky Mf
Dhe Guardian Corp
Phillips R
Harrelson Rubber
Henrig Meyers
Piedmont Aviation
Henradon Furniture
Piedmont Real Estate
Hickory Furniture
Rocky Mtr
Wa Public Soc of NC
Investment Life & Tr
Quality Mills Am
J. B. Vey
Rmic Corp
Rahal
Reid-Provident Labs
Rex Plastics
Royal Scotsman Wa
Bi Safeguard Avio
Salem Carpet
Sma Sam Solomon A
Seo Pines
Shoneys Big Boy
Sonoco
Va S.C. National Corp
Southern Nat Co Southern Nat Beac
Spartan Food Systems
Super Dollar
Ava Me
Synercon Corp
Texiiles, Inc. Telerent Leasing
Thalhimer Bros
Tansco Companies
BM Transport Data Communit
Tri-South Mart
Triangla Brick Os Unit Inc
United Coro. Bancshares
Vermont American
Virginia International
Virginia Nat. Bank
B.B. Walker Shoe
Washington Group
Wa West Knitting - Sia
White Shield Co
GM Va
Arena Fmams
Baekbbrab and
Jasond
Amy R. Gordy
First Union National Bank
D. R. Meadows
Mrs. Gordy
Asheboro
J. Mitchell Russell Jr
WZOO
Don Smith
Russell
Thomasville
Thomasville High School
High Point College
Woods Communication
Winston-Salem
Mildred Jarrell
Farmer
Dot Lewallen
WZO0
Eugene A. Johnson
Mid
North Carolina School of Banking
Chapel Hill
Johnson
North Carolina National Bank
North Carolina Bankers Assn
University of North Carolina
Tom McAllister
Raleigh
Wachovia Bank and Trust Co
N.A
Guilford College
McAllister
Wachovia
Garner
Luther M. Garner
Liberty Life Insurance Co
Davidson Community College
Life Underwriters Training Council
Life Underwriters Assn
Joyce M. Kennedy
Rt. 4
Food World Inc
Food World
Big Bear
Kennedy
High Point Central High School
Mrs. Kennedy
Willis C. Harris
W. P. McGuire
Wilbur M. Currie, Cla
Zales
Westchester Mall
Zates
Bank Amaricard
American Express
Dinera Club
Carte Blanche
Ite
Newts
Ilustrations
Erta
Robert McCliston
C.S.A
Howton St
Union National Bank
Moving & Storage
Mayflower
Granville
Hamilton St
Fred P. Newby
Steve Foster
Craig Newby
World Travel Agency
Carolina Motor Club
North Main St
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!