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The Charlotte Observer from Charlotte, North Carolina • 20

Location:
Charlotte, North Carolina
Issue Date:
Page:
20
Extracted Article Text (OCR)

'Waste' Gas Trapped To Heat Homes Business World virs-ssa Van Dolah said that "almost every explosion" in mines was caused by project said that the center's method of recovering methane may make available 250 trillion cubic feet of the gas buried in coal much of ct in Pennsylvania k----4n At that level they dug eight horizontal holes deep into the coal seam These: holes were linked to one pipeline Via Dolah said where the methane collected and flowed out of the shaft This then was lined to Consolidated's distribution system The coal seam of the experimental project won't be worked by Eastern for several years Van Do lab said enough time for the seam to be cleared of By STEVE TwomEY icalsee totwoomiers Writer Methane captured deep within coal mines is being used to heat homes and businesses for the first time in what federal researchers believe is a major step toward increasing the country's fuel supplies The breakthrough came in a remote corner of West Virginia when a pipeline from a mine shaft of the Eastern Associated Coal Co was linked to natural gas lines of the Consolidated Gas Co spewing forth enough previously wasted methane to heat 1000 homes Dr Robert Van Dolah director of the Pittsburgh Mining Safety and Research Center and head of the methane Normally huge ventilation systems pump out the methane cleaning the mine but wasting the gas Researchers using newly acquired knowledge about the move ent of methane in coal seams found that they could capture it in sufficient quantities for commercial use while cleaning out the mines said Maurice Deul project supervisor WITH THIS new technique scientists at the Eastern Associated shaft near Bula WVa dug a four-foot wide hole down to 800 feet where they widened it to create a 14-foot wide room THIS AMOUNT represents gas reserves of about 10 years Van Dolah said or almost double the known reserves in the United States "We anticipate recovering sizable portions of what (methane) exists" Van Do lah said Ile added that methane a form of natural gas is purer than the gas burned in homes today The $800000 10-year project was originally designed not to find new fuel sources but to solve the troublesome problem of snethane-caused explosions in mine shafts He predicted that coal companies would set up their own "methane mining" operations at sites they will be working in later years The costs of cleaning out these seams could be covered by revenue realized from the sale of methane to gas companies Van Dolah said Top Of Tower Closing To Public GM Tells Of Record '73 Profits Market Drifts Down In Sluggish Trading Piedmont Natural Gas Forms Own Drilling Firm Piedmont Natural Gas Co has formed a holly-owned subsidiary to explore and drill for new supplies of natural gas The new qubsidiary is Piedmont Exploration Co Inc 'We will concentrate our efforts in North Carolina the Gulf Coast and other promising areas in close proximity to cur supplier Transcontinental Gas Pipe Line Corporatim" said Piedmont president David Pickard Transcontinental since 1971 has been delivering less gas to Piedmont than the company had contracted to receive and the present curtailment is approximately 16 per cent below contract PICKARD SAID the new company has been authorized by Piedmont's directors to spend up to $1 million during 1974 in the search for natural gas "The parent company's directors have indicated an intent to spend up to an additional $4 million during the period 1975-78" he said Piedmont Exploration was chartered as a North Carolina Corporation In addition to Pickard other officers are Earl Chambers Earl A Matheney and Thomas McCreery vice presidents Jerry Amos secretary Everette Hinson treasurer and James Cockrell assistant secretary and assistant treasurer Pickard Chambers and Matheney are directors of Piedmont Exploration Chambers is senior vice president-supply and technology of the parent company and Matheney is senior vice president administration of the parent Positions held with the parent company by other subsidiary officers are: McCreery assistant vice president-supply Amos general counsel Hinson vice president treasurer and assistant secretary and Cockrell controller and assistant vice president ght Charteitt Obstrytr The Top of the Tower Restaurant on the 30th floor of the Jefferson First Union Tower will be closed to the public after the noon meal today Beginning next week the facility will cater to clubs or private groups according to Gene Clark president of Tower Food Service Inc which operates the Top of the Tower and the Tower Suite restaurant on the 29th floor Prinee a UCLA graduate in food management studied for two years in Paris and once was acting chef at the Sands Hotel in Las Vegas Clark said the Tower Suite is doing "very well" and will continue to operate in the evenings The 30th floor restaurant with a spectacular view of the city originally opened as a Morrison's Cafeteria Morrison's gave it up last fall and it has operated since as a Business 20A Fri Feb 1 1974 Associated Press DETROIT General Motors profits were a record $24 billion in 1973 despite a fourth quarter downturn the auto giant said Thursday The previous record was 236 billion in 1972 Earnings on common stock were a record $834 per share compared with the previous record of $751 per share in 1972 GM said Profit as a per cent of sales declined to 67 per cent in 1973 from 71 per cent in 1972 even though net income increased by 109 per cent GM said Preliminary sales figures were a record $358 billion compared with the previous record $304 billion in 1972 GM reported 1973 worldwide factory sales at 8- 684000 cars and trucks compared with the 1972 record of 7791000 units Mines ahead 134 to and Dixilyn Corp up at 934 Day Mines another gold and silver issue advanced 1 34 to 16 Among groups oils were mixed Arkansas Louisiana Gas fell 34 to 25 Rangn Oil of Canada slipped 1 to 49 and Austral Oil picked up 34 to 18 Service companies generally gained with American Motor Inns up 34 to 9 and Bannister Continental rising to Inc On the over-the-coueter market trading reached 345 million shares Advances led declines 551 to 439 among 2741 issues listed Burmah Oil Co ADR led trading off 4 to 10 f4llowed by Pennzoil Offshore Gas steady at 8 Pennsylvania i Co up at Pi a American Financial preferred even at 83s American Expresz fell 214 to 44 IN ANOTHER CHANGE Clark said that chef Eugene Mey le is no longer with the Tower Suite and has been replaced as executive chef by Joseph Pri lice Associated Press NEW YORK The stock market drifted lower Thursday with most investors firmly ensconced on the sidelines Volume on the New York Stock Exchange was a sluggish total of 1402 million shares reflecting the lackluster trading pattern of the last several sessions The Dow Jones industrial average up over 3 points near the opening closed with a 677- point loss at 85555 Prices on the American Stock Exhange and over-the-counter market declined also The market-value index on the Amex fell 26 to 9724 Volume was 223 million shares as 387 issues advanced 331 declined and 294 remained unchanged on the day There were 4 blocks equal to Wednesday On the over-the-counter market the NASDAQ composite index slid 24 to 9493 Of the 1771 issues traded on the NYSE 713 advanced and 687 declined CLARK SAID that the 30th floor facility has continued to diaw well during the lunch hour but that it was not economically feasible to continue operating it on such a limited basis On the other hand he said demand by special groups for catered meetings has index fell 24 to 5164 American Motors volume leader gained to 123'4 Coca-Cola Bottling of New York which fell sharply Wednesday on news that its merger talks with the Coca-Cola Co had ended rebounied to 8311 Colonial Penn Group fell Pi to 321'4 Analysts said the national health insurance program discussed by President Nixon in his State of the Union message might limit the company's market though the company does not feel this is true NC Hogs RALEIGH NUM Caroline hogs were steady today with only a few markets reporting Tops of 4100- 200 at Kinston Benson and Lumberton 3950-4000 Rocky Mount 4000 Salisbury Cotton Market Deposed Speedway Official Regains Spot On Board CAMPBELL CHIBOUGAMAU Mines was the most active Amex issue up at 912 followed by Giant Yellowknife THE BIG BOARD composite Bond Market Fredrick Wilson a Monroe Officers elected by the new NEW YORK (AP Cotton futures No 2 closed $135 a bale lower to $475 higher Thursday The pattern of recent sessions continued with liquidation depressing nearby positions Selling was still prompted by concern that US shipments of cotton might be curtailed by ocean transportation diffi- culties due to world oil shortage Adverse around conditions along the Mississippi River because of recent heavy rains prompted buyino of more distant Positions in futures Traders recalled the spring floods of 1973 which delayed and curtailed cotton production brokers said board include Howard as president of the corporation Guy Charles secretary Efird vice president and treasurer a Bob Latford assistant secretary Lewis Patterson of Concord was named honorary chairman of the board Associated Press NEW YORK Prices on the bond market Thursday were firm and deny ally higher the investment banking firm of Salomon Brothers said Corporate bonds were 14 higher while rails were steady Treasury bills advanced 5 basis points Short-term government issues were up 4-9 intermediates and longterms were ahead 532 Federal funds were 94 bid and 502 asked The municipal market was firm Shortages Surveyed Most shortages are found in products using fuel and steel according to a survey of materials shortages conducted by the Carolinas Branch Associated General Contractors of America Branch President George Kane Jr said the Survey was conducted Jan 21-22 Here he said are highlights of the survey: Highway contractors are able to get asphalt however firm quotes are unavailable Contractors must pay the cost on the day of delivery And due to the petroleum shortage asphalt has jumped drastically in price since last November Bridge ccntractors have experienced a few delays due to demands upon an individual ready-mix plant at a given time Cement is a little short now but expected to improve soon Highway-heavy contractors are finding that structural steel orders require 4-6 weeks delivery Aggregates are generally in short supply in various grades used by highway contractors This is due to increased usage and lack of quarry expansion Transportation is becoming a problem Any material coming by rail faces boxcar shortages and truck deliveries are going up in costs For building contractors critical delayed items that necessitate the rescheduling of jobs are reinforcing steel light structural steel and steel bar joists Cement is in better supply while wire mesh is one of the most critical items Scheduling of jobs has become very critical and bidding is more complicated than ever For example a job that was bid for $400000 sixteen months ago would be bid at $486000 today In steel some suppliers report good supplies of steel joists others say they are having problems with availability of quality scrap metal used in the manufacture of reinforcing steel Most steel suppliers are giving firm price quotes of much shorter duration as costs are fluctuating daily Some companies say they are meeting delivery dates others are not guaranteeing firm delivery dates Officials report that there is no real relief in sight to ease the heavy demands for steel products The average price for middlino 106 Inch spot cotton declined 185 points Ig 7031 cents a pound Thursday for the 11 leading markets according to the New York Cotton Exchange No 2 cotton futures closed 5535 a hale lower to $475 higher than the previous close Open High Low Close NC Mar 7220 7507 7110 7200 1--1 07 Open High Low Close NC 7220 7507 7110 7200 -107 By ROY COVINGTON Observer Business Editor Bruton Smith was elected chairman of the board of Charlotte Motor Speedway Thurs a climaxing a comeback that has vaulted the former speedway official into the driver's seat again His election followed a lengthy shareholders meeting and proxy fight at which Smith and two of his close associates were named directors of the Cabarrus County superspeedway Smith now a wealthy Rock ford 111 automobile dealer was one of the principals who started the speedway in 1959 He was ousted a couple of years later when the speedway was forced into a receivership and reorganized Over The Counter 7200 7470 7070 7190 7130 7395 7000 7130 6670 6870 8610 6765 95 6425 6612 6380 65 00 85 6425 6425 6400 b6450 85 1)6400 85 May Jul Oct Dec Mar May 26 none 97e 1014 534 612 514 6 534 614 3 3' WI 234 Planters Bk Rock yMt Public of NC RhaI Comm Reid-Provident Labs Rex Plastics Roberts Co Royal Scotsman Ji bo300 CHARLOTTE COTTON Basis Middling 1 116 inch (Net Weight fob) 7415 quiet and even for the day The Associated Press survey of 60 Selected bonds was irregular Averages Compiled by The Associated Press 20 10 10 10 10 Rails Ind UHL Fon LYD Net change 2 1 un un Thursday 527 808 878 985 776 Prey Day 575 809 877 985 776 Week Ago 524 804 876 985 775 Month Ago 520 810 875 986 771 Year Ago 522 855 888 987 815 1973-74 High 539 854 893 996 822 1973-74 Low 516 780 852 963 741 1972 High 532 858 895 986 831 1972 Low 511 835 867 915 801 Sales NEW YORK (AP) 4 Bond sales Approx final total 515340000 Previous day $17761000 Week ago 815422000 Month ago $19982000 Year ago S222J9000 Two years ago $28296000 Jan 1 to date 364371000 1973 to date 471061000 1972 to data 680486000 Treasury Bonds NEW YORK (AP)-Closing Over-theCounter US Treasury Bonds tor Thursday Rate Mat date Bid Asked Bid Chg Yld 4 Feb 1974 9926 9930 610 May 1974 990 994 1 741 Pes Nov 1974 9720 9724 4 690 as Feb 1980 8428 8512 2 702 32s Nov 1980 8118 822 -2 685 is Aug 1981 1014 10120 672 63 aS Feb 1982 964 9620 694 345 Jun 1978-83 750 760 2 675 6Jas Aug 1984 950 960 692 345 May 1985 7418 7518 631 41aS May 1975-85 7722 7822 702 6 aS Nov 1986 9122 9222 2 700 3is Feb 1990 7416 7516 4 588 4is Aug 1987-92 7510 7610 646 45 Feb 198893 754 764 4-2 615 65 Feb 1993 934 944 2 733 7 75 Aug 1993 1004 10020 A 744 aS May 1989-94 754 764 6 621 35 Feb 1995 7412 7512 4 489 75 May199398 954 964 4 734 32s Nov 1998 7416 7516 2 528 Bid and asked prices quoted in dollars end thirty seconds Subject to Federal taxes but not to State income taxes un 774 5 776 77 PI 015 $22 741 831 801 (Quotations on Charlotte soot cotton furnished by Pell Cotton CO and A Johnston A Co) dentist George Nal ley Jr president of Easley (SC) Lumber Co Therrell Efird operations manager Davey Tree Expert Charlotte Charles A West executive vice president of the Smith-owned Lone Star Ford Inc Houston and William Egan a Chicago accountant who is Smith's vice president in charge of finances In a lawsuit filed late Wednesday afternoon Wilson and another director Jason Brown whose term expired with the election of the new slate asked that the election of any directors at Thursday's meeting be "set aside" because of what they contended were irregularities in the solicitation of proxies on behalf of the management slate Defendants have 20 days in which to file an answer 'Wilson the second largest single stockholder in the corporation with 145000 shares and 'Brown had solicited their own proxies before the annual meeting but apparently were unable to muster enough Strength to block Smith Brown who was nominated from the floor failed to win reelection to the board Bobby Austell a marketing specialist with the North Carolina Department of Agriculture apparently was one of the victims of the proxy fight as he also failed to gain 411 41Ze 734 82 ifsle 67e 92 104 1112 122 1318 14 22'2 23'14 30 31 23V2 20'2 ell 94 1214 14 26 94 9514 3 3'4 10 12 956 Sale 11212 1234 212 3l2 234 314 3 none 4'12 5 2112 23 EARN THE IGHEST RATE ON14 SI Over-the-counter st ock quotations from the National Association of Securities Dealers are representative interdealer prices as of 3:30 pm daily Prices do not include retail mark-up mark-down or commission BID ASKED A-B-D Aerotron lss 2 American Furniture 634 Vie Atlanta Gas Light 141'2 1412 Atlantic Pepsi Cola 712 812 Bancshares of NC 12 13 Bankers Trust of SC 3112 3312 Bassett Furniture 18 19 Beaman Corp 1 none Best Prods lie Bi-Lo 1112 12' '4 Black Inds 144 24 Branch Bank Trust 42 45 Brenner Inds 64 734 Burkvarns 354 44 Burnup Sims 1934 2014 Burris Inds A 41: CMC Finance 101 r2 11 Cameron Brown Wts 14 III Cameron Financial 1612 17I4 Cannon Mills 1012 11 Carmine Foods 112 17 1 Carolina Cas Ins 234 31 Carolina 910PFD 10614 10111 Caro State Bank 19 non' Carolina Steel 4734 1)0r11 Carolina Wise Flo I non' Cato Corp 412 6 Central Caro Bank 2644 281 Central Vermont 131s 137 Champion Parts Rebs 612 7 Charter Bankshares Corn 1012 101 Charter Bankshares Deb 90 96 Charter Co PK 2612 271 Chatham Mfg Class A 1512 161 Corp of SC 2712 28 Citizens NB Gastonia 31 non Coca-Cola Co Consol 9 '2 10 Colonial Lite Cl 24E2 26' Comm Bank Greensboro 1712 1 Conner Homes 134 2 Context 4 1 4 2 722 1418 8'4 13 331 19 none 7 714 7 2 1112 124 134 214 42 45 654 734 35e 41e 1934 204 4V2 10r2 11 lye 16'e 174 10' 2 11 112 re 234 314 10614 10814 19 none 4734 none 1 none 412 6 2634 284 131e 1370 64 7 1014 90 96 2612 2712 151'2 1612 2712 2814 31 none 9 '2 10 24E2 2612 1712 134 2 4 1 S-I-U Safeguard Auto Salem Carpet Sam Soloman Sea Pines Security Finance Cora Shoneys Big Bov Sonoco Products SC National Corp Southern Nat Corp couthern Nat Debs Spartan Food Systems Super Dollar Stores Synercon Corp Telerent Leasing Textiles Inc Thalhimer Bros Transco Companies Transport Data Commun Tr-South Mort Wts Triangle Brick Unifi Inc United Caro Bancshares V-W Vermont American Virginia Intanationai Virginia Natl Bank Virginia Savshares BB Walker Shoe Washington Group West Knitting White Shield Co Wix Corp Wright Machinery SINCE LATE I 9 7 2 Smith has been quietly buying stock in the corporation On Dec 1 1973 according to a pr statement he owned 461611 shares or 24 per cent of the outstanding stock in the speP' way making him by far the largest single stockholder Elected to the board along with Smith were Richard Howard president and general manager of the speedway Dr Now 'Alt: among Eat: Fr rmt Dotelt Deposit And' INSURED S'AVIN GS Now avang Eat Frrmt DoteltDepoiit And' Are 19 34 91'4 1012 25 262 26 26'17 012 712 4 5 26'2 28 6 '4 7'I4 2 '4 2'2 1034 1P2 3V4 334 1- '0 RegO ar 4 0 assbook Grains Cone Earnings Climb Net earnings of Cone Mills with headquarters in Greensboro increased 178 per cent for the year ended Dec 30 and 793 per cent in the final quarter For the year earnings were $9702566 or $316 a share compared with $8236428 or $267 a share a year earlier In the fourth quarter earnings were $3267446 or $106 a share compared with the 1972 total of $1822009 or 60 cents a share Revenues for the year reached $3722 million a gain of 124 per cent over 1972 totals of $3312 For the quarter sales were up 257 per cent to $992 million from $789 million D-EFG Daniel Internat Diamondhead Corp Durham Life Ins El Paso Electric Engraph Inc Farmers New Wld Life Fidelity Corp of Va FMIC Corp First Cit FNB of Catawba Food-Town Stores Forsyth Bk Tr Franklin Life Ins Guardian Corp 45 453'4 73'4 8'4 231 2432 114 1134 434 5'4 59 61 3st 3712 1044 10 76 485 515 173'2 19 19 2014 1534 162 26 2631 a a'2 34 0 0 Account PO -9oaartmly ow to earn your ghb 1 Um All living things from the simple single cell to complex man share one quality But built-in selfishness if not controlled is dangerous Learn how to reach outside yourself for necessary human contact The words Co OS) "Earn Your Neighbor's Love" contain the key One of 42 articles and features in the LAJ FEBRUARY 0 I 29 61 0 000 Min 2 0 Paid Qu or Reader's Digest 0 riDINroin 0 1 1 4 caw Quart' I H-IJK Harrelson Rubber 334 434 Hei lig Meyers 412 412 Henredon Furniture 22 24 Hickory Furniture 558 6 Hoover Co 178 1758 Investment Life Tr 22 278 Ivey 94 10 Jacks Food 32 4 Kenan Transport 11 12 L-M-N-0 Lance Inc 20 21 Lane Companies 16 17 Leggett Platt 134 1334 Liberty Bank Trust 20'2 none Life Assurance of Caro 234 258 Little Giant 3 4 Little Mint 112 112 Lowe's Companies 44 451 2 Mack's Stores 412 538 Multimedia 112 1212 NCNB Corp 3434 35' A NC Natural Gas 10 1034 Northwest Fin Corp 14 15 NoWestn Fin Inv Uts 1434 1412 NoWestn Fin Inc Corn 13 1312 NoWestn Fin Inv Wts 7 119 Occidental Life Ins 158 212 Oakwood Homes 512 612 Ozite 5 sta 612 P-C14t AUSTELL who lives in Cleveland County was elected to the board in 1973 and was included in the management slate of nominees He was replaced on the board by Egan who was nominated from the floor by Smith Smith who was one of the defendants named in the lawsuit by Wilson and Brown attempted unsuccessfully during the shareholders meeting to question Wilson about money and stock Wilson reportedly owes the speedway Although he was opposed by Smith Wilson was able to win reelection by voting all of the shares he held for himself Under the cumulative voting rule in effect a shareholder could vote the equivalent number of shares he held for each of seven nominees or the could vote the equivalent of seven times the number of shares he held for only one nominee Wilson received 1178882 votes the highest of any director Cash Grain Prey Open High Low Close Close WHEAT Mar 571 576 557 563 570 May $41 545 530 540 541 Jul 484 492 478 488 485 Sep 481 487 473 486 480 Dec 484 490 478 485 482 CORN Mar 299 302 297'2 301112 298t'2 May 303 305 30114 30412 3022 Jul 303 30612 303 306 30334 Sep 295 29912 295 298 296 Dec 27112 27311 27012 273 271 Mar 274 27612 274 27514 27334 OATS Mar 16814 16974 167 1684f4 16734 May 170 4 171 16834 17092 16934 Jul 164 16512 163 166 164 Sep 16512 168 164142 168 16534 Dec 167 16812 165 16812 1661i2 SOYBEANS Mar 637 645 635 64412 634 May 640 650 639 650 639 Jul 642 651 641 650 640 Aug 64212 649 6421'2 647 638 Sep 632 640 631 640 629 Nov 622 62912 629 629 622 Jan 629 631 627 630 625 SOYBEAN OIL Mar 2785 2850 2765 2845 2760 May 2490 2550 2465 2540 2465 Jul 2295 2378 2290 2378 2280 Aug 2235 2300 2225 2301 2205 Sep 2160 2220 2140 2220 2120 Oct 2980 2115 2080 2115 2070 Dec 2040 2060 2010 2060 20 20 Jan 2000 1976 SOYBEAN MEAL Mar 16900 17100 16850 16950 16800 May 16850 17100 16800 16950 16760 Jul 17200 17200 16800 17050 16750 Aug 16850 17150 16850 17000 16800 Sep 16700 17250 16700 17000 16800 Oct 16800 17050 16800 16950 16800 Dec 17000 17200 16900 17200 16900 ICED BROILERS Mar 3975 4020 3960 3960 4015 May 4120 4160 4090 4120 4125 Jun 4200 4260 4170 4220 4220 Jul 4240 4260 4150 4180 4205 Aug 4240 4240 4220 4220 4225 Sep 4200 4200 4175 4175 4180 b-Bid aAsked n-Nominal SILVER Feb 39300 40430 39050 40250 39450 Apr 39850 40950 39620 40880 39980 Jun 40300 41350 40000 41270 40350 Aug 40720 41550 40350 41550 40590 Oct 40800 41800 40580 41800 40800 Dec 41150 41980 40800 41980 40950 Feb 41100 42200 41030 42200 41250 Apr 41800 42400 41280 42400 41500 PLYWOOD Mar 11700 11820 11400 11820 11631 May 11820 11950 11550 11950 11750 Jul 11900 12040 11700 12040 11900 Sep 12050 12050 11900 12000 12000 Nov 12200 12250 12000 12100 11950 HOME FEDERAL Passbook Savings 14 tO 5 3A Certificates Up to 634 701 110011mb 1 10 Poi QUOtte I CtIZZ 112 0 Nantes And Changes Vassar Cameron Matthews Jr has joined Dan River Inc as manager of its new texturizing yarn plant now under construction at Mebane NC Matthews formerly was with Texfi Industries Dan River also announced that George Jerome Kintz has joined its corporate staff as director of taxes Harold II Heffner formerly with Pie 'n Pay Stores Inc in Charlotte has joined Springs Mills Inc as controller of the carpet division Gary Baucom has been promoted to executive vice president by the Ralph Squires Co of Charlotte Mrs Ruby Robinson has been promoted to NBC program coordinator for WSOCTV Jefferson Davis of the James Stafford General Agency of John Hancock Mutual Life Insurance has been named associate of the year for his sales accomplishments Two Charlotteans are among the salesmen selected by Monsanto Textiles for master salesman awards They are Dean Barnard and John Barnett Ronald Berglund former leasing agent for the Ervin Co has been appointed project leasing coordinator for the Wachovia Center by Cousins Properties Inc developer of the project Berglund is working with Masten-Faison-Witherspoon to lease 5 4 2 0 0 0 square feet in the 32-story structure Butter Eggs I i---imuniclommol $20000stiL 1 4 yea term 14 Pay Save 141s lAsis Peoples Bank of Rocky Mt 38 41 Phillips Foscue 2 2313 Piece Goods Shops 314 314 Piedmont Aviation 514 614 Piedmont Real Estate 412 5 Poi Quotte lc ett21Z) 0ra I rely penult I recto 0 fo ea with raw 0 ertiNeate A substantial interest penalty is required for early withdrawal on certificate accounts Accounts insured up to $20000 by the Federal Savings and Loan Insurance Corporation Ask For Details HOME FEDERAL (DxiA41? LeK1A Ciaxitlt A11 zkomommr RUBBER STAMPS 11 NOTARY I OPIUM SIMS 1111 04 Pound Moore CHICAGO (AP) No 2 soft red 630n No 2 hard red 590n Corn No 2 yellow 2993m Oats No 2 white 178 Soybeans No 1 yellow 631n No 2 yellow corn Wednesday sotd at 298-9814 I ORTNeCAROLINA SAVINGSWLOAN ASSOCIATION GOLD AND SILVER COINS BUY SELL TRADE Om I gat A I 4 CHARLOTE COIN CLUB SHOW FEBRUARY I 2 3 FRI 12 NOON-10 PM SAT 10-10 SUN 11-6 3 convenient locations: DOWNTWN 4TH AND TRYOON STS PARK ROAD j0' 1111 SHOPPING CENTER COTSWOLD I SHOPPING CITY 0 ti' Roil TION 0 independent BM 0 Freedom Village Shopping Centel 0 Frith Moll Shopping tome 114211 Fein4w he $400 -111 I DO YOU HAVE A BUSINESS FOR SALE? Have clients interested in purchasiug all or part interest in manufacturing plant wholesale distributing business Price ranee $100000-S1 lion Inquiries confidential SPARKS REALTY BUSINESS BROKERAGE CO 102 Trade St 376-4466 Charlotte CHICAGO (AP) Butter unsettled trading light with sellers holding for higher prices and trucker's strike wholesale selling prices in all grades too few to report prices Eggs unsettled and weak sales to retailers 2 lower A extra large 74-77 A large 73-75 A mediums 7143 odd Lots NEW YORK (AP) The New York Stock Exchange reported these odd lot transactions by principal dealers for Jan 30: Purchases of 258249 shares sales of 330507 shares Including 5029 shares sold short Scrap Steel NEW YORK (API Pittsburgh scrap steel No 1 heavy was ouoted Thursdav bY Iron Age at $9400-9500 SHERATON MOTOR INN 555 South McDowell FREE PARKING FREE ADMISSION u11111 illiEllE111111 umenommo munommin sommoin milmeniono onniol 9 ie Il'emrsao 7mmoril CHARLOTTE LARGEST SAVINGS AND LOAN ASSOCIATION ESTABLISHED 1883 0 I II.

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