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Las Vegas Sun in Las Vegas, Nevada

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Las Vegas Sun

Location

Las Vegas, Nevada, United States of America

Date

May 08, 1964

Page

5

Credit Guarantee Program Aims to Modernize Small Factories

A joint government private industry plan backs financing for upgrading small factory equipment. The SBA backed program offers banks 93 percent loan guarantees, 8 percent interest for eight years, and a manufacturer guaranteed repurchase at 60 percent if default occurs, with SBA covering 75 percent of remaining balance.

U.S Small Business Administration SBA Francis J. Trecker Milwaukee Machine Tool Company Kearney & Trecker Eugene P. Foley Ufacturer Loca Bank Trecker

Quarterly earnings and dividends from several firms

Continental Airlines reports a first quarter profit of 827000 dollars or 27 cents a share. Transamerica declares a regular quarterly dividend of 1.124 dollars on 44 percent convertible preferred stock. Anthony Pools shows 2395000 dollars in revenues for Q1 ending March 31 1964. American Potash and Chemical declares dividends of 0.30 dollars per share on common stock 1.00 on Series A preferred and 1.25 on Special Preferred.

Continental Airlines Transamerica Corporation Anthony Pools, Inc American Potash & Chemical Corporation

Waterside plant to assemble VW cars for US market

Volkswagen plans a large waterside assembly plant at Emden to fit together parts from Wolfsburg Hanover Kassel and Brunswick into complete cars for export to the United States. The move comes as GM's Opel challenges Volkswagen in Germany and pushes exports to the US. The Emden plant will speed production by shipping fully assembled vehicles from West Germany more cheaply than US component assembly.

Grant Sawyer Mark Swain National Licensed Beverage Association Oran Grayson Stardust Hotel Las Vegas Bonn General Motors Volkswagen United States Emden Wolfsburg Hanover Kassel Brunswick Opel AG U. S West Germany

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