Bank of America Looks at Independent Variety Stores
The Bank of America Small Business report notes the decline of independent variety stores over the past decade due to heavy competition from discount and superstore chains. It predicts growth for operators who scale to a large single store or a chain, balancing low quality low price with department store conveniences. The bank emphasizes a minimum startup of 50 000 dollars and strong inventory, urging focus on specialty merchandise. Copies are available through local branches.
MENTIONED IN THIS ARTICLE
Bank of America
the Report
California
Nelmes Smith
Split on Rumford Act Seen in Proposals for Fall Campaign
Norman Kempster reports from Sacramento that both major parties split over the Rumford Housing Act in their conventions. The GOP seeks repeal or amendment to protect free choice, while Democrats oppose repeal and favor amendments. The issue reflects broader welfare, education, and university policy debates shaping the election.
MENTIONED IN THIS ARTICLE
Norman Kempster
Sacramento
UPI
GOP
State Supreme Court
Edmund G. Brown
Democratic
John Birch Society
Communist Party
Republican
UN- American Activities Committees
Congress
State Senate
University of California
Land of the Free
State Board of Education
Federal Reserve raises CD reserve to six percent
The Fed lifts certificate of deposit reserve to 6 percent, the legal maximum, tying up about 450 million dollars in bank reserves and slowing CD issuances for loans seen as inflationary. Large United States banks move to a 6 percent prime rate for business loans while some brokers' rates rise 1/4 point. The export deficit narrows in Q2 though export import balance weakens. the Export-Import Bank launches a one year discount program to aid banks financing U.S. exports.
MENTIONED IN THIS ARTICLE
New York
tThe
Federal Reserve Board
Cd’s
Treasury
Henry Fowler
Washington
United States
U.S
TIA Installs Channel 5 Translator
TIA members celebrate a new Channel 5 translator improving television reception. The drive has raised about $6,100 in dues, with plans and funds for adding Channels 9 and 12. A 1967 drive begins Oct 1 after a Sept 27 meeting at Purdy Hall to elect three board members.
MENTIONED IN THIS ARTICLE
TIA
Channel 5
Channel 7
Channel 4
FCC
Purdy Hall
Pickets Children Get Cash for Bottle Debacle
Twenty youngsters aged 10 to 12 marched in front of a Los Angeles liquor store wielding placards demanding cash redemption for empty bottles. The owner, eager to end the disruption, capitulated and paid the group in cash.
MENTIONED IN THIS ARTICLE
Los Angeles
UPI
Mormon Migration Moves West From Nauvoo Under Brigham Young
Mormons led by Brigham Young begin their westward trek departing Nauvoo Illinois as they pursue new settlement lands and religious freedom in the unsettled western territories.
MENTIONED IN THIS ARTICLE
Brigham Young
Nauvoo, Il
Gov Brown To Address Realtors Convention Speakers Named
Governor Edmund G Brown joins five speakers at the California Real Estate Association annual convention in San Francisco at the Fairmont and Mark Hopkins hotels. Speakers include Calvin D Johnson Remington divisions of Sperry Rand Jack Justice Bill Gove and James C Downs Jr. The five day event drew 3400 registrants last year and is expected to attract a similar turnout this year.
MENTIONED IN THIS ARTICLE
California Real Estate Association
Fairmont
Mark Hopkins
San Francisco
Herb Saxon
Mendocino
Bill Gove
James C. Downs Jr
Real Estate Research Corporation
Chicago
Saxon
California
Los Angeles
Burt Smith
Bellflower
CREA
Gov. Brown
Johnson
Austen
Justice
Gove
Wiscasset
Maine
Braniff Airways
General Motors
Downs
$20 000 Suit Filed For Assault Injuries
Dallas R. Miller seeks $20 000 in general damages for personal injuries alleged to have been inflicted by Bobby Gene Miller and four unknown persons during an August 1965 assault. He also seeks $1,381.85 for medical costs and $1,800 for loss of earnings.
MENTIONED IN THIS ARTICLE
Dallas R. Miller
Bobby Gene Miller
Miller
Irish Beach a Scenic Second-Home Spot Between Pt Arena and Elk
Irish Beach land development on the Mendocino coast near Manchester offers one third to six acre home sites from under 3000 dollars. Developer William Moores of Ukiah backs the project with unique recreation options including surfing, fishing, a trout pond and miles of riding trails through redwoods. Exclusive sales agents Jeyne Evans of Orinda can be reached at 254-8573.
MENTIONED IN THIS ARTICLE
Pt. Arena and
Elk
Irish Beach
Goodyear Lumber
Redwoods
Point Arena
California
Manchester
William Moores
Ukiah
Mendocino
Jeyne & Evans
Northwood Drive
Orinda
Girl Scouts Offer Lemonade Booth at Redwood Empire Fair
The Girl Scouts operate a lemonade booth at the Redwood Empire Fair on the 12th District fairgrounds. Located on the south lawn near Carl Purdy hall east entrance, the stand also offers iced tea. Volunteers provide lemonade or iced tea with potato chip cookies from a special menu.
MENTIONED IN THIS ARTICLE
12Th District Fairgrounds
Carl Purdy
Sukarno honors slain generals in posthumous ceremony
Ten army generals and senior officers killed by Communists during October's abortive coup were honored posthumously by President Sukarno. Widows received medals for their husbands, designated national heroes in a special decree.
MENTIONED IN THIS ARTICLE
Jakarta
UPI
Sukarno
Notice of Trustee's Sale and Legal Action in Mendocino
Notice of trustee sale to satisfy a deed of trust on property described as portion of the northeast quarter of Section 25 Township 13 North Range 17 West MDM, 24.54 acres, with sale at Mendocino County Courthouse on September 8, 1966, and a separate summons in Superior Court Mendocino County naming Gershon Furman and others as plaintiffs against Ruth L Anderson and others. Involves Small Business Administration assignment and prior defaults. Includes dates, docket numbers, and filing details.
MENTIONED IN THIS ARTICLE
Cherry St
S. Dora
Ask
Hodge Bros. Cafe
Excel
Nice, Lake Co
Clear Lake
Lloyd Martin Realty
State Street
Mendocino County Court House
State
Perkins
Ukiah
California
John D. McDonald
Eash
United States
Mendocino
Township
Mount Diablo
Aio
Calfornia Zone
Elmer R. Tanner
Lindroth Timber Products
Anglo Safe Deposit Company
Crocker Citizens National Bank
Mendocino County
Superior Court of
State of California
County of
Gershon
Furman and
Sheba E. Furman
Veruth L. Anderson
H. W. Reich
Low W.retoch
T. Nolden
Winifried Noldin
Sherwood Valley
Lumber Company
Fl Wo Reich
J. Ll. Nolden
7 Corporation
Jensen Lumber Company
8. Corporation
Jacob D. Imperatrice
Ruth L. Anderson
Loveb
Reich
J. Nolden
Winifred Nolden
Sherwood Valley Lumber Company
J. L. Nolden
Northern
Cali
Stils Ate
Range
Color Conscious Insects Sense Color for Food
The Britannica notes color sense is highly developed in flower visiting insects like butterflies and bees. Bees can be trained to come to a specific color for food according to the encyclopedia.
MENTIONED IN THIS ARTICLE
Encyclopaedia Britannica
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Talmage Road
E. H
Gene" Schamber
South State Street
Ken's
Idhal
Leonard R. Nix
Geo
Jon Harvey
E. Smith
Phi
Regina
Yokayo
St Adies So
Potter Valley
Jack McCoey
State St. Ph
Hillside Hospital
Millview
Yokayo Realty
S. State Street
Larkin D. Younce
Harry Stefani
Paul Box
N. Dora
Chas, E. Anderson
Chas. E. Anderson
The
Daily Journal
E. Standley Street
Lois Anderson
Jeanne Jackson
Strout Realty
P.V
George Lake
Jim Lake
Norgard Lane
Redwood Valley
South St
Talmage Gate
Rumford
F. Goodrich
Revilo Oliver
University of Illinois
Slobodan Draskovich
Birch Society
Robert Welch
Oliver
Draskovich
Wilson
Ford Tractor Co
S. Hiway
Ralph H Olivan
Ad Home Properties
Uganda
Timothy W. O'Brien
Foutz
Lorraine ST
Inquire
Mendocino-Lake
Mendocino-Lake Savings
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