Simpson heads bank organization Egypt Valley Chapter elects leaders
Eugene R. Simpson, cashier at First Bank and Trust in Cairo, was elected president of the Egyptian Valley Chapter of the Bank Administration Institute. The spring meeting on May 8 at Giant City State Park Lodge drew 136 members. Ruth Bryant of the Federal Reserve Bank of St. Louis spoke on women in banking. New officers include Carl Goodwin, Marion. Roger Gray, Cobden. Marjune Fletcher, Carbon Dale, first woman elected to a chapter office.
MENTIONED IN THIS ARTICLE
Eugene R. Simpson
First Bank and Trust Company
Cairo
Egyptian Valley
Bank Administration Institute
Giant City State Park Lodge
Ruth Bryant
Federal Reserve Bank of St. Louis
Carl Goodwin
Bank of Egypt
Marion
Roger Gray
Norge offers assistance to employees program
Norge co. of Herrin starts a voluntary referral program begun in May to aid employees facing personal problems affecting work performance. Supervisors refer workers to appropriate agencies for issues like drinking or drug misuse, and mental health problems go to Franklin Williamson Counties services. All handled confidentially and families may participate.
MENTIONED IN THIS ARTICLE
Norge Co
Herrin
Mental Health Services of
Franklin-Williamson Counties, Inc
Jon Nicholas
Norge
R.L. Chaplin
Nicholas
Economic puzzle grows murkier as recession stalls
The article notes economists agree the recession is losing downward momentum but an upturn remains months away. It describes a confusing era where analysts issue hopeful statements about a coming consumer buying mood even as signs remain unsettled.
Egyptian Electric Cooperative Elects New Officers at Steeleville Meeting
Hamilton Archie Hamilton Jr. of Rockwood elected president with John E. Steele Campbell Hill named vice president and A C Hayer Spar ta as secretary treasurer. Incumbent directors Lloyd A. Brown Frank M. Easdale re-elected. President Dale A. Smith cites coal and funds cost rises prompting a rate increase. Service area covers 8500+ consumer owners in six counties.
MENTIONED IN THIS ARTICLE
Archie Hamilton Jr
Rockwood
Egyptian Electric Cooperative Associaton
Steeleville
John E. Steele
Campbell Hill
A.C. Hayer
Sparta
Lloyd A. Brown
Prairie du Rocher
Hamilton
Frank M. Easdale
Coulterville
Dale A. Smith
Cutler
Southern Illinois Power Cooperative
Lake of Egypt
Marion
Index jumps in April signaling mixed economic outlook
The Commerce Department reports a 4.2 percent rise in its revised leading indicators index for April, the largest jump on record. Forecasters warn the auto slump may end slowly as GM Ford and Chrysler temper optimism amid stubborn inventories and potential layoffs. The oil tariff and housing remain sources of confusion in a shifting economy.
MENTIONED IN THIS ARTICLE
Commerce Department
General Motors
Ford
Chrysler
Wall Street
U.S
United States
Krysonski Named Manager of Public Finance Corp Office
Walter Krysonski was appointed manager of the Public Finance Corp office at 205 W Main St Carbondale a subsidiary of American Investment Co He had served as acting manager since his promotion and joined AIC in October 1973 from its Fairview Heights office He is a former Belleville resident now living in Murphysboro
MENTIONED IN THIS ARTICLE
Walter Krysonski
Public Finance Corp
W. Main St
Carbondale
American Investment Co
AIC
Krysonski
Fairview Heights
Krysowski
Belleville
Murphysboro
Rend Lake Bank Wins State Charter
Rend Lake Bank received a state charter on May 15 and will be located at 500 North Victor Street. The $800,000 capitalization includes $320,000 in capital stock, $320,000 in surplus funds, and $160,000 for operating expenses funded by selling 16 000 shares at $50 each. Construction bids were opened May 20 with Pace Construction Co. of Henderson Kentucky the low bidder. work should start in two weeks and finish by November. James M. Izett will oversee daily operations from Carterville, former FBI investigator.
MENTIONED IN THIS ARTICLE
Christopher
Rend Lake Bank
North Victor Street
Steve Rowland
Rowland
Pace Construction Co
Henderson
James M. Izett
Izett
Carterville
University Bank of Carbondale
Federal Deposit Insurance Corporation
Also Mentioned on This Page
Simpson
Eco
Cooperative
Egyptian Electric
Randolph
Jackson
Perry
St. Clair
Washington
Williamson Counties
Jenal
Emai
Proctor Supply CO
Zeigler
Ill
Ver Mester
Runoss
East Maryland
Carbondale Savings and Loam Associa
Tom
Thier
Main Street
P. D. Box
F. E. Holmes & Son Construction Co
Crosby
Ranch House
Williamsburg
Anna
Duquoin
Jonesboro
Cobden
Dongola
Tamms
Bath
Royal Mobile Home Sales
Tantara Mobile Home Park
Ramada Inn
Carbondale, Illinois
Sun
Gale Williams
Kay Crain
Tom Martin