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Newspaper
Sidney Telegraph
Location
Sidney, Nebraska, United States of America
Date
May 15, 1964
Page
6
Cable channels 4 7 9 Denver and 5 Cheyenne available to Sidney readers.antenna users receive channel 3 Sterling 5 Cheyenne and 10 Scottsbluff with identical programming except for commercials and local content. listings group them as channel 5 for simplicity and brevity.
The article notes ordinary life insurance in force rose from 191 million to 266 million for Associates insurance subsidiary of Capitol Life, based in Denver. Total outstanding finance receivables at quarter end exceed 1.5 billion, up over 90 million from a year ago and nearly 18 million from 1963 year-end. Deferred income hits a record 121,048,896, about 9.74 percent of receivables. Liquidation experience remains satisfactory with reserves at 38,806,480, or 2.51 percent of related receivables, up from a year ago.
Associates Investment Company's first quarter 1964 consolidated net income reached 4,312,819, up from 4,100,148 a year earlier. Earnings after preferred dividends were 1.12 per share versus 1.11 in 1963. Carmichael cited gains in non automotive financing, direct loan and commercial financing, plus insurance subsidaries and banking as growth drivers, with total finance volume rising to 546,252,768 from 543,533,789.
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