Pension fund rules squeeze small firms under prudence standard
AP report notes funds seek safety by favoring large firms, starving small to mid sized companies. Critics urge portfolio based view, arguing strict per investment limits hurt capital access for smaller and mid sized businesses nationwide.
MENTIONED IN THIS ARTICLE
John Cunniff
New York
Howard Wells Named Beeson Hardware Manager
Beeson Hardware Co. appoints Howard Wells to lead the contract hardware department succeeding Ed Spivey who becomes company president. Wells, a former factory sales rep for P and F Corbin a unit of Emhart Corp, has 25 years in contract hardware and belongs to the American Society of Architectural Hardware Consultants. He and his wife Elizabeth reside in Fort Lawn South Carolina and plan to move to High Point. Eckerd Drugs reports 6.2 percent second quarter sales growth to 56 650 000.
MENTIONED IN THIS ARTICLE
Howard Wells
Beeson Hardware Co
Ed Spivey
Wells
Beeson’s
P and F Corbin
Emhart Corp
The
American Society of Architectural Hardware Consultants
Elizabeth
Fort Lawn
S.C
High Point
Internal Revenue Service
Drye
Guilford College
Yvonne
Timberland Drive
Thomasville
Sherron
Lexington
United Fund
Chamber of Commerce
Lexington Civitan Club
Exchange Club
Jean Robertson Sherron
Frank
Susan
Dental Office Opened Here by Dr Hoodenpyle
Dr Richard L Hoodenpyle opened a periodontics office at 708 N Elm Street after earning his degree from the Medical College of Georgia and completing a Columbia University residency He taught at Columbia and practiced in Nyack New York before moving to Thomasville.
MENTIONED IN THIS ARTICLE
Richard L. Hoodenpyle
N.elm Street
Hoodenpyle
Hiawassee
Emory University
Atlanta
Medical College of Georgia
Columbia University School of Dental and
Columbia Presbyterian Hospital
New York City
IMF to Tap Gold Bullion Demand With Weekly Auctions
Gold bullion remains in demand as a hedge against inflation amid Ike Carter era policy uncertainties. IMF plans may shift to weekly auctions, with past volumes of 780000 and 779200 ounces sold in June and October 1976 at prices around 120 dollars per ounce.
MENTIONED IN THIS ARTICLE
IMF
Alliance
New York
Jimmy Carter
United States
U.S
International Monetary Fund
Also Mentioned on This Page
Business Mirror
Pension Fund
Standard
Chrysler Corp
Reynolds Metals
Beeson Hardware
Charlotte — Eckerd Drugs, Inc
Richard Hoodenpyle
Smith
Staunton
Smith's Transfer Corp
Charlotte — Spellman Industries Inc
Sunset Hills
Virginia
North Carolina
Greensboro
Blue Bell Inc
Salant Corp
Eee Ae
le Pass
del Rio
Tex
Sear Resin 206 Co
Salant
Sears
Tim E. Drye
N.C. Assn. of
Winston-Salem
Management Society
Administrative Management Society
Howard Johnson's
Brentwood Street
Equal Employment Opportunities Commission
Ted R. Tosh
Phillips-Fescue Corp
Tosh
N.C. National Bank Financial Services
James Talcott Inc
Meinhard Commercial and Banner Associates
Clothing Workshop
Claudus Quick
JC Penney
Quick
Puerto Rico
Hewitt Dr
West Gate
Haynes F. Sherron
Presi
Guilford Mills Inc
Lawrence A. Marsden
Guilford Mills
Guilford House
James F. Watts Jr
Guilford
Lester Lazarus
Lazarus
Lazarus and Jaffe
Harvard Law School
City College of New York City
Tim Drye
R.a
By Lou Schneider
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9 I
Deak- Perera Report
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You
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Fie
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C.L.A
Integon
S. Hamilton St
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Life For
P.O
N.C
Income & Capital Associates, Inc. Capital Creation, Accumulation & Management
Siderton Howard Stutts, Rm
Siderton-Dodge
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Fleet Lease Manager
North Main