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Newspaper
Winchester Evening Star
Location
Winchester, Virginia, United States of America
Date
Oct 16, 1978
Page
6
Fred Lentz joined Ward Plaza Barber Shop with 13 years in hair care. He will specialize in Ladies, Men and Children's cuts and styles and is qualified in coloring, relaxation, hair pieces and scalp treatments. He resides with wife Carol in Winchester.
The Consumer Research Bureau announced Huntsberry Realty Co Incorporated as recipient of the 1978 Excellence Award for Customer Relations for high ratings from 1977 customers. The bureau conducts nationwide surveys to rate real estate firms and improve public services.
The Bank of Frederick County appoints Harry S. Smith as Stonewall Branch Manager. Smith, a Winchester native and Radford College graduate, has served in multiple bank departments since joining in August 1977 and is active in local business and civic groups. A SBA interview session is planned in Winchester on Oct 18, with advance appointment options through the Chamber of Commerce. F and M National Corporation reports a Q3 net income of 485 527 dollars or 38 cents per share, up 22 percent from 1977.
United Technologies proposes a $1 billion merger with Carrier Corp. Carrier rejects a tax free exchange and faces a tender offer for 49 percent ownership. Carrier chairman calls United’s bid negotiatonally coercive while noting the offer is financially inadequate. Prime rate rises to 10 percent for first time since 1975.
New York economists expect about 8 percent food inflation next year amid high overall prices, with livestock pressures from smaller herds. Government and private forecasters project 5 to 10 percent price gains this year, the highest since 1974.
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