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Newspaper
Winchester Evening Star
Location
Winchester, Virginia, United States of America
Date
Dec 03, 1979
Page
8
The Peoples Bank of Front Royal announced a 10 percent stock dividend payable December 31 1979 to stockholders of record December 7 1979. This marks the bank's second stock dividend in two years following a July cash dividend.
Lewis B. Campbell is appointed technical director of Plant Operations Development for GM Manufacturing Staff. He will lead programs in Industrial Engineering and Manufacturing Computer Systems, moving from Vandalia Ohio where he managed production engineering. Campbell, a Duke graduate and inventor, will reside in Farmington Hills Michigan with his family.
The Star invites readers to send letters to the editor for publication on the editorial page. Submit concise public opinions or reactions to community topics, with a sense of local relevance and a clear viewpoint.
A Indianapolis neighborhood labeled historic by the Historic Preservation Commission faces pressure from arson and gentrification. Residents on fixed incomes fear displacement as new buyers renovate and banks offer loans mainly to wealthier individuals. Community leaders insist designations start the cycle, while officials deny intentional harassment.
Banks move to seize Iranian deposits and set off against debt as Iran and U S banks sue over loans worth billions. European banks join the dispute amid asset freezes and fears of money market chaos. Inflation and housing costs rise sharply in October while U S Steel cuts jobs and prime rates dip slightly. A Commerce Department index shows a October drop in economic activity driven by housing costs and lending costs.
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