Sunday Gazette-Mail from Charleston, West Virginia on June 2, 1974 · Page 9
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June 2, 1974

Sunday Gazette-Mail from Charleston, West Virginia · Page 9

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Charleston, West Virginia
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Sunday, June 2, 1974
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Page 9
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9A -June 2. 1974 Sunday Gazette-Mail ~~ ~~ Charleston. West Virginia RERUN? Jay Discounts 3rd Term Chance CHAPMANVILLE. W.Va. (AP) -- Former Secretary of State John D. Rockefeller IV doubts that Gov. Moore will be eligible to seek a third term in office, despite the Appointed Arthur Ha\ward, a Manchester, England, native, has been appointed an associate director in the Union Carbide Technical Center engineering department in South Charleston. He will be responsible for all international projects being engineered at the Tech Center. Hayward teas formerly icith Bakelite Xylonite Ltd., a Carbide subsidiary in the United Kingdom. He holds a degree in chemical engineering from Bristol University. Governor's public speculation on the subject. Rockefeller said he doubted whether he and Moore would ever have a rematch of the 1972 gubernatorial election which Rockefeller lost to Moore because "I don't think that would be a possibility as far as he is concerned." A constitutional amendment ratified during Moore's first term allows a governor to seek a second consecutive term. The Republican governor has speculated that language in the amendment could be interpreted as allowing him to seek a t h i r d t e r m which would, in effect, be only his second term under the amendment. R o c k e f e l l e r , one of the backers of the amendment, said he discounted Moore's speculations "because I remember the intent of the legislation ... for a total of two terms. "This is essentially a question the courts will have to answer if the Governor persists in his intention." Rockefeller, now president of West Virginia Wesleyan College, commented in an interview following a speech Friday night to Chapmanville High School graduates. Although he has pledged to refrain from political activity while he is president of the college, Rockefeller said "There will be politics in my future. It's just a question of the timing. "I love what I'm doing,," he said, but "I've always said that inevitably I'm going to get back to politics. It's a question of when and what way." Please Buyers, Dealers Urged The Associated Press Mobile home dealers were told here Saturday they will have to work harder at customer satisfaction if they expect banks to loan money when the state's new consumer credit act takes effect later this year. · Max Saunders, a Charleston National Bank installment loan officer, told the West Virginia Mobile Home Dealers Assn. convention that phasing out of the holder-in-due-course doctrine will make financial institutions liable for the first time for products financed by loans. Saunders said that after Sept. 1, those who purchase mobile homes under loan agreements will have the right for six months after the purchase date "to contest the quality of the product. After Sept. 1, 1975, he said, those rights will become effective Business Gains Registered The Associated Press Eighteen of the 23 business indicators measured by the state Chamber of Commerce have registered gains so far this year, but there are indications that West Virginians reacted cautiously to the energy crisis. Auto sales and estimated gasoline sales w e r e both down, despite increased earnings and an eventual increase of gasoline supplies. Energy fuels were mixed, with petroleum production showing an 8 per cent gain for the first four months of the year, but coal and natural gas production both remained below last year's levels. Cash farm income was up more than 25 per cent in the first three months of the year. Bank debits remained up at 17.2 per cent above past performance, post office receipts were up 16.7 per cent and business and occupation tax collections were up 15.4 per cent. Total employment during the first four months of the year was off 1.7 per cent, but unemployment decreased 6V2 per cent. St. Paul Methodist Schedules Sale The children's department of St. Paul United Methodist Church in Spring Hill will have a combination yard and rummage sale from 9 a.m. to 3 p.m. next Saturday. The sale w i l l be in the church parish house at 4522 Kanawha Turnpike. Proceeds will go toward equipping the kitchen in the new church. for the duration of such contracts. He said this will cause fin- a n c i a l i n s t i t u t i o n s to be "pretty particular" in extending credit. He said only dealers with good "track records on service and customer satisfaction" will be able to borrow money. Under the current holder-in- due-course law, financial institutions are not liable on products they finance. On b r a n d n a m e m o b i l e homes which have a consistent record of being faulty, Saunders predicted, "we're not going to buy those contracts." R. W. Stegman of Foremost Insurance Co. predicted that by the end of the year the industry will be able to realize "the greatest profits we've ever seen." Because of the tight money market, he said, it will become increasingly difficult to get loans on conventional housing, resulting in more customers interested in mobile homes. He said the new consumer protection law will allow higher i n t e r e s t r a t e s on such loans, making banks more interested in handling them. The average markup of 18 per cent could be increased up to 30 per cent, but he suggested the dealers no longer try to sell the homes without substantial down payments. He said that even with a 20 per cent down payment, the dollar amount involved is still much less than with conventional housing. He said the repossession rate still hurts the industry, adding that a study of 1,000 repossessions showed the chief cause to be divorce. In predicting record profits, he said, ".you're going to get customers you never imagined buying mobile homes." But he said with that will be increased service demands. What gives children great pleasure tttat they can enjoy when they are 70? PIANO! WE RESERVE THE RIGHT TO LIMIT QUANTITIES OPEN DAILY lOtol SUNDAY 1T07 SUNDAY MONDAY JUNE 2 3 ONLY WHILE QUANTITIES LAST Almoil any child con martw o pionb. An economical way (or you 10 Hit our lAtement on yourhild i to RiNTAPlAHO Your coil in 6-Montl.l Reniol ol s|5 monthly plui cortege, and every dolla.will apply il you decide la buy. Why woi!? lesion! available loo at GORBY'S MUSIC STACK-A-PACK 6 CAN COOLER ATTACHES TO GOLF BAG, BOAT OR HOUSE TRAILER Pint 12 ox. 12 oz. This is a quality product that is designed to serve cold drinks. Insert 6 cans of soda or beverage of your choice--must be cold at time of insertion. The hook and bottom strap fastens onto o golf bag, a boat or house trailer. Coolness is maintained by the insulated double wall construction and the etha- foam seal top and bottom. Lift knob and a con will appear ready for removal. '.colinc wstef ANTI RUST lUPDSJ' 'XJinrj · ,-·-·" SEAIER SLIDE W SPLASH POOL Kids have a ball in this no leak 5V? ft. oval polyethylene pool, complete with metal ladder. Depth of pool is 12 inches, and color is blue-white. Interior, has bright multicolor Smiles design. Pool has Drain Plug and Auto-Tie-Down holes. HECK'S REG. $6.88 SPORTS DfPT. FRENCH PURSES A great billfold large enough to carry a number of things. 12 HECK'S REG. $18,77 TOYDIPT. DUPONT FAST FLUSH ANTI RUST COOLING SYSTEM SEALER CHOICE 2 F O R $ 1 ° ° HECK'S REG. 79 Each AUTO. DfPT. VENTILATED WIRE CUSHION HECK'S REG. $3.99 JEWELRY DfPT. HECK'S REG. $2.48 AUTO. DfPT. FESCO PLASTIC BARREL WASTEBASKET STRUCTO WAGON GRILL · 6 position removable fire pan · 17" x 23" bottom shelf · Two chrome-plated cooking grids · 15'6"x8 V side shelf · Full-view see-thru, heat tempered glass door · Spit rod with UL listed motor · 5V*" easy roll white wall wheels. DOOR MIRROR Natural wood frame finish. Sizes 14"x50". $ 21 66 HECK'S REG. $^99 2 HECK'S REG. $29.88 HARDWARE DEPT. HOUSEWARE DfPT. HECK'S REG. $4.99 HOUSEWARE DfPT. BRUT 33 7 OZ. SIZE $129 COLGATE 100 IMOUTHWASHI 1 WALTHAM BATTERY OPERATED WALL CLOCKS Complete 5-piece set extends 3 feet across large wall or over the sofa. Clock is 15"xl5" each plaque 7"x7". HECK'S REG. $1.99 COSMETIC DEPT. $ 19 99 HECK'S REG. $29.99 JEWELRY DEPT. 120Z.SSZE HECK'S REG. 94 COSMfTIC DfPT. "(bodkaisxi to ' · " ' " ' ·- ' Lewis Morris Streets * St. AlBAMS * 6400 MacCorkle Ave., S. W. ROUTE 60^NEAR ST. AlBANS *KANAWHA CITY* I *WINf!fLD* 5100 MacCorkle Ave., S. E. INTER STATE 64 EXIT NO. 9' DAILY 9-5 214 7th AVE. THURSDAYS 9-9 SOUTH CHARLESTON PHOHE744-9453

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