Cap It Is Consumer Getting Fair Shake In Credit Life Insurance Bill
In Raleigh AP report, Senate Bill 660 would cut credit life insurance max rate from $1 per $100 to 80 cents, claiming to protect consumers while critics say reforms favor lenders and insurers. Insurance official Ingram set a 54 cent limit. bill may cost consumers up to $14 million annually depending on view.
MENTIONED IN THIS ARTICLE
Robert B. Cullen
Associated Press
Raleigh
North Carolina General Assembly
Senate
Credit Life
Credit Life Insurance
John Ingram
Bank
Ingram
Carl Totherow
Forsyth
Totherow
House Insurance Committee
General Assembly
North Carolina
Peak Pricing bill offered in North Carolina
The General Assembly may study and possibly implement peak pricing for electricity. A bill by Sen. McNeill Smith would direct the Utilities Commission to assess feasibility and proponents say higher charges at peak demand could spread usage, with new meters required to differentiate peak periods.
MENTIONED IN THIS ARTICLE
Raleigh
General Assembly
Utilities Commission
McNeill Smith
Guilford
Senate Utilities Committee
Wesley Webster
Rockingham
Service Set Today For Arthur Johnsey
RALEIGH AP A memorial service will be held at St Giles Presbyterian Church this afternoon for Arthur B Johnsey retired capital correspondent for the Greensboro Daily News who died Saturday at Rex Hospital Johnsey 67 was dean of North Carolina capital correspondents when he retired from the Daily News in 1972 after two decades of service He later served as executive director of the North Carolina Democratic Party for a little over a year resigning in 1973 He joined the Daily News in 1945 covered the Raleigh beat under Governors Kerr Scott Umstead Hodges Moore and Robert W Scott missed most of Terry Sanford term when he moved to the Miami Herald in 1958 returned in 1962
MENTIONED IN THIS ARTICLE
Raleigh
St. Giles Presbyterian Church
Arthur B. Johnsey
Capital
Greensboro Daily News
Rex Hospital
Johnsey
North Carolina
Daily News
North Carolina Democratic Party
Capital Press Corps
The
Kerr Scott
William B. Umstead
Luther H. Hodges
Dan Moore
Robert W. Scott
Terry Sanford
Miami, Fla
Herald
Brezhnev Ailing Fuels Speculation On Tomorrow’s Speech
Moscow reports say Leonid Brezhnev has not appeared since May 9 and may retire next year after the Communist Party's 25th congress. The Kremlin has said nothing while Western officials note the absence clouds his health and leadership. If he misses a campaign speech before June 15 elections, it would mark a major break with tradition and fuel further doubt.
MENTIONED IN THIS ARTICLE
Frank Crepeau
Associated Press
Moscow
Leonid I. Brezhnev
North Atlantic Alliance
Brussels
Soviet Communist Party
Kremlin
Brezhnev
Upturning Textiles Have Long Way To Go
The Associated Press reports the ailing textile industry shows limited gains. Industry leaders say capacity has risen from about 53 percent in winter to roughly 75 percent now, yet retailers fear bulky inventories and push orders closer to selling seasons. Some areas have six day weeks, with hours rising in North and South Carolina from January to April.
MENTIONED IN THIS ARTICLE
Associated Press
American Textile Manufacturers Institute
John M. Hamrick
Gaffney
D. C
Penney's
Sears and Roebuck
W. L. Leonard
Cone. Mills
North Carolina
South Carolina
Presbyterians Open Meeting in North Carolina Synod
Delegates from 164000 church members opened the three day 162nd annual meeting of the North Carolina Presbyterian Synod. About 700 commissioners hail from 682 churches. Retiring moderator Dr Frantis Johnson of Davidson College will preach Tuesday night and be succeeded by Dr David Burr of Winston-Salem. A report on campus ministry will be given Tuesday afternoon.
MENTIONED IN THIS ARTICLE
Laurinburg
N.C
North Carolina Presbyterian Synod
Frantis Johnson
Davidson College
David Burr
Winston-Salem
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