The Charlotte News from Charlotte, North Carolina • 9

I 3E4-1EVE IT USINESS TONIGHT LFFYby bruce hammond I illol Charlotte Motor Speedway adding stores under condos 1 The Charlotte News Monday Nov 26 1984 9A eventually during smaller events as well FutruNE DISTRIBUTOR Liners issuesTowels: plastics Janitorial Catering 'Supplies CopierComputer Paw The Charlotte News Monday Nov 26 1984 9A USINESS TONIGHT UF' FY by owe hammond Charlotte Motor Speedway YOU CANT mAKE ANY D31400 KALI? 1E4-1EVE IT CRAN6E3 WE EXPUT ME CCOTRACT MILES ITI5 TO BalEVE TitAT PUTPIT adding stores under condos 1 i 91? 1)-11 117 Sp 1 11 1 ail eventually during smaller events as well It' 411 FiltruNE DISTRIBUTOR Bags: Iciatt-Cato Weis I 1 tlaU I 120 CopierComputor Paw Ft IL Ba is Jar Co An Increase In stock car racing ticket sales to women Is one reason for building the mall Mr Harris said "These ladies who come out here are not as diehard race fans in some cases as their husbands are" he said and the shopping area should give them something do if they leave the grandstands Mr Harris estimated that about 30 of speedway tickets are used by women Initially the stores will be open only during major speedway events such as the World 600 Winston Cup race However Mr Harris hopes they will be used An ticket Increase In stock car racing sales to women Is one rea- son for building the mall Mr Har- ris said "These ladies who come out here are not as diehard race fans in some cases as their hus- bands are" he said and the shop- ping sould so thing area do if give they leave them the gramend- stands PAPERTOWN 4428 Independence 568-6663 Pi 4421 'Losses in battle for control frilpe out NC Federal's profit it Ne Minimum Commercial AcorriontellekciMo re Delivery-OponWpublla le41 Sat Charlotte Motor Speedway which made trackside condominiums a reality is working on matchiqg racing and retailing The speedway has begun construction of a retail pavilion called the First Turn Mall With brick floors and ceramic-tile walls the retail center "will look like an Eastland or a South Park mall" saidWes Harris vice president for speedway development and operation Located under the condominiums completed last May the retail center is expected to cost around $2 million including a restroom and seating expansion Mr Harris said The first phase costing $500000 and measuring 15000 square feet is planned for completion by May It will contain concession and souvenir sales counters and specialty food booths' The speedway doesn't have details on the second phase yet Mr Harris said But it could start as soon as May and is planned to have specialty shops possibly including a clothing outlet store 24- hour variety store and department stores Charlotte Motor Speedway which made trackside condomin iums a reality is working on matchlug racing and retailing The speedway has begun con- struction of a retail pavilion called the First Turn Mall: With brick floors and ceramic-tile walls the retail center "will look like an Pa in expenses related to the takeover fight that ended with Charlotte businessman Bruton Smith in control and two former top executives resigning "we would have been in the black this year" Mr Harwood said North Carolina Federal Savings Loan Association which recorded its fourth consecutive year of losses in fiscal 1984 would have shown a profit had it not been for costs associated with a battle for control that ended ear her this year Matthews-based NC Federal said it lost $881526 or 8114 per share for the year ended Sept 30 compared with a loss of 8427 million or 8554 per share in fiscal 1983 Three of four quarters were profitable this year but a second-quarter loss of $175 million wiped out profits earned in the other quarters In the fourth quarter the company said it earned $201645 or 26 cents a share compared with a loss of $265 million or $343 a share last year President Graham Harwood said the fourth-quarter profit resulted from strong loan closings Loans closed for the year were up 33 to $193 million compared with $145 million last year Had it not been for the $175 million second-quarter loss which included about $IA million With interest rates on home mortgages and the prime rate falling Mr Harwood said NC Federal is poised for better performance especially since declining rates makes the SegL's portfolio of older fixed-rate mortgages more marketable in the secondary Chamber will hear oyal Insurance chief SHORT NOTICE TO VOID FORECLOSURE ORDERED BY SECURED PARTY IN ACCORDANCE WITH GEORGIA REVISED CIVIL STATUTES OF SALE REGARDLESS OF RETAIL VALUE 75(10 TO 80 OFF ONLY 2 DAYS MARRIOTT CHARLOTTE EXECUTIVE PARX I-77 Tyvola Charlotte SUN NOV 23 from HAM to 6PLI MON NOV 26 from 10AM to 6PM HAND KNOTTED PERSIAN RUGS MID ORIENTAL CARPETS BANKS AND CREDITORS DEMAND IMMEDIATE PAYMENT AT ANY COST THIS FINE COLLECTION OF HANDMADE PERSIAN AND ORIENTAL RUGS INSURED BY CRUM FOSTER THE COLLECTION SURVEY BY TAUB AND CARMEL NY BROKERS PARTIAL LIST: FINE SILK GHOUM ISFAHAN NAN BOKHARA KASMIRIAN CHINESE KERMAN KASHAN AND MANY OTHERS ALL SIZES SMALL AND LARGE FROM 2x3 TO 10x14 terms: Cash Bank Drafts Visa MasterCard and Approved Checks Sponsored by: DryusLiquidators SHORT NOTICE TO VOID FORECLOSURE I ORDERED BY SECURED PARTY IN ACCORDANCE WITH GEORGIA REVISED CIVIL STATUTES SAF LE A i REGARDLESS OF RETAIL VALUE i 75(10 TO 80 OFF ONLY 2 DAYS MARRIOTT CHARLOTTE EXECUTIVE PARK 1-77 Tyvola Charlotte SUN NOV 23 from 10A1 to 6PIA 1 MON NOV 26 from 10AM to 6PM HAND KNOTTED PERSIAN RUGS MID ORIENTAL CARPETS i BANKS AND CREDITORS DEMAND IMMEDIATE PAYMENT AT ANY COST THIS FINE COLLECTION OF HANDMADE PERSIAN AND ORIENTAL RUGS INSURED BY CRUM FOSTER THE COLLECTION SURVEY BY TAUB AND CARMEL NY BROKERS -1 PARTIAL LIST: FINE SILK GHOUM ISFAHAN NAN BOKHARA I KASMIRIAN CHINESE KERMAN KASHAN AND MANY OTHERS Itl ALL SIZES SMALL AND LARGE FROM 2x3 TO 10)(14 10 irt terms: Cash Bank Drafts Visa MasterCard and Approved Checks 0 Sponsored by: DryusLiquidators t'''I 11101P11101111111 cember Incoming chamber chairman Leroy Robinson says the date was moved because all possible January dates at the convention center were booked However the December date will allow the chamber to get started on Its 1985 goals earlier than usual he said For ticket information call Joyce Campbell at the chamber 377-6911 weekdays from 8:30 am to 5 pm 00v-elect Jim Martin an Iredell County resident will be recognized at the event at the Charlotte Convention Center and 1985 chamber officers will be installed The meeting will start with a reception at 6:30 pm followed by dinner at 7:30 pm Tickets cost $35 each Black tie is optional This is the first time the chamber meeting usually held in January will be held in De George Ansbro chairman and chief executive officer of Royal Insurance Co will be the keynote speaker at the Greater Charlotte Chamber of Commerce's annual meeting on Friday Dec 7 Royal the nation's 22nd largest insurance company announced in July it will move its headquarters from Manhattan to Charlotte MEMO FROM STAFF REPORTS as an order assembler in the operating department Jill Giles promoted Giles Pah Brann 4 ''''17--gf tit 1 "-SWt A :3411 4 Itt ''''-iii'ill '4117 0:: 1' 4 1: 4 ''i'''0'' ''A4'''- ::4 A N44?" s-ii bilir: 6 Helms Giles Pahlmann Brann Jill Giles has been named an assistant vice president of Safeco Title of North Carolina Inc Tell The Public About Your Holiday Industry for more than 12 years as branch manager and manager of consumer lending chian State University She has worked in the commercial banking and savings and loan Edward Springs named Designer of the Year The Carolinas chapter of the American Society of Interior Designers held its general meeting and first awards banquet earlier this month at the Marriott Hotel in Columbia Edward Springs of Charlotte was named 1984 Designer of the Year He also received the Medalist Award Other winners from Charlotte were Edwin Starr Carolinas Chapter Award and Janet Magaldi President's Award Helms superintendent Alfred Helms has been appointed general superintendent of the Charlotte service center of Joseph Ryerson Son Inc a metals service center organization headquartered in Chicago He joined the company in 1963 Edwan Design The Americar signers and first this mon in Columl Edwar was nam Year He ist Awarc Other were Chapter aldi Pres Helms Alfred pointed the Char! seph metals se headquar He joir COTSWOLD AREA Pah joins Neely Perri Pahlmann has joined Neely Associates Inc as sales liaison Her background includes printing sales production coordinating graphic design and management Pamela Brann appointed Pamela Brann has been named assistant branch manager of the Quail Corners Shopping Center branch of First Charlotte Bank and Trust Co Ms Brann is a native of Mooresville and attended Appala )s le a 11 0 NEIGHBORHOOD tVIERTOSIING I MORE At this important time of year tell people in the Charlotte area about your holiday worship schedules including Christmas communion services Hannukah observances special music presentations choral group concerts speakers dramas congregational dinners and other schedules programs and ministries Use 'Worship Services Of The Season" an advertising feature in The Charlotte Observer and The Charlotte News to reach 563237 adults during this inspirational time of year "Worship Services Of The Season" will be published in all editions of both newspapers on December 5 a Wednesday when readership is enhanced through publication of food sections By advertising early in December you can help people plan their holiday season church and synagogue schedules and make decisions about which services to attend Your ad will appear under an attractive attention-commanding banner at no additional charge Act now to assure your holiday advertising The deadline: Thursday Nov 29 Knight Publishing Company which publishes The Charlotte Observer and The Charlotte News also has a door-to-door advertising service called KPC Distribution Your flyer coupons brochure or other promotion could be delivered on Dec 18 to 5000 homes in the Cotswold area Reach former customers as well as potential new customers at low cost Call now We can print your advertising as well as deliver it Irish airport's free zone aims at US business Irish free at UNITED PRESS INTERNATIONAL UNITED PRES NEED OFFICE SPACE? Move to an HQ Center Today! Full-time or as needed COMPLETE EXECUTIVE OFFICES Full administrative support services on premises You only pay for what you use Charlotte Plaza Private executive office Receptionist Secretarial word processing Conference room 800 number services Telex facsimile Telephone answering One monthly billing CALL TODAY: 704 3327766 379-6748 Call Kathy Jacobs 379-6765 Zile (Marione Observer THE CHARLOTTE NEWS -4 dom LA 'SOURCE: Simmons Market Research National Syndicated Survey (1982) IMMILIYIEEZ Enorolylain tnott eN4 11 4 tpo IS THE PEEIITECT IIIISSTRUilliEffil IF LIOIA1 liTtii' 13 fip 4 I ()VII fiii i- iHEIG Atir Al 0 '1 tt 4 LONDON The Shannon Airport free zone agency in western Ireland has launched a campaign to attract American foreign trading companies that soon must relocate abroad due to new US legislation "Starting this week we are going directly to the biggest companies and to the top American accounting firms" Shannon Development's Assistant General Manager William Moloney said in an interview "The Shannon free zone Is tailor-made to satisfy the requirements of the legislation and at the same time maximize the benefit to US corporations of the newly legislated tax incentive" he said Mr Moloney explained that major US corporations have in the past set up separate "paper" export companies in order to take advantage of US tax advantages Now the approximately 9000 such operations must be reformed outside the United States in order to continue to be eligible for the benefits lor-made to satisfy the require- ments of the legislation and at the same time maximize the benefit to US corporations of the newly legislated tax incentive" he said Mr Moloney explained that ma- jor US corporations have in the past set up separate "paper" ex- port companies in order to take advantage of US tax advantages Now the approximately 9000 such operations must be reformed outside the United States in order to continue to be eligible for the benefits LOND1 port free Ireland 11 to attraci ing comp locate ab islation "Starti going dir panies accountir velopme Manager an intervi "The lor-made ments of same tim US con legislated Mr Mc jor US past set port corn advantagi Now thl such outside tl to contin benefits Ve I LE 1 11 0) ler LE -t 11 i 1 I if US MILLER Your Computer Headquarters 11741 Dealers listed below CHARLOTTE Office Systems Inc 260 Charlotte Plata (704) 332-1201 CHARLOTTE Office Systems Inc 834 Tyvola Road C704 527-7950 Loam 1-2-3 and Symphony are trademarks of Lotus Development Corporation NAL HENDERSONVILLE Computer Ways Means 210 Main Street C1041697-1861 The NCR PC 4 performs magnificently Because it plays thousands of off-the-shelf programs to help conduct your business more efficiently From the best-selling LotusTM 1-2-31" to a wide selection of other business software for word processing data base management and spreadsheets And now including the popular SymphonyTM program And that's music to just about any- body's cars The NCR PC Now playing at the Authorized NCR Personal Computer I 1984 NCR Corporation CVV fl IA MN A BETTER PERSONAL COMPUTER IT'S EXACTLY WHAT YOU'D EXPECT FROM NCR rip 1 lir 4 Rili 0 The NCR PC 4 performs magnificently Because it plays thousands of off-the-shelf programs to help conduct your business more efficiently -ktO I From the best-selling Lotus" 1-2-31" to a wide selection of other business 1's software for word processing data base management and spreadsheets And now including the popular Symphony TM Ntkail e144 program And that's music to just about any r4 zic Nrr 1 Ns ody's ears $::: A BETTER PERSONAL COMPUTER The NCR PC Now playing at the I IT'S EXACTLY WHAT YOU'D Authorized NCR Personal Computer '45-4 EXPECT FROM NCR i Dealers listed below :49 '1ei- '-'iciI) 1 lat 4 '-1 ''iiE Z1 '4 rt it' 1 1777 fig4 MILLER tositamitatt ik! aj r------- Your Computer Headquarters A i i i-p' -4 -p- 4 4 pmczam 1 1:1 1 end '''I'''i a a 6 trililly IA 1 efTrS lEASE-P ir 1-: It i 0: '''1! RI I :1:::: Lf1: 1': itt i 11 7 7 :44 i il 1 '3 'l i1 I 1 tr2' $178658 404-Ailw-: -1 0 I :1 Is'Itr40 i r1'2: i''i :1::::: '4'431 i 7: 9 I v'l jA 1::: 1 4 111341' 1 -t i 1 4 I A4')o-' 4 777: I i :11 cewction nt -ii I ill a r'A' i 4 "dpLocks Nnd a ilmil oi sitNatei PoPot-- tvai: 1 )pitocol -e kr--: k'17" ''l h' ::4 1444 4 s' PF 1 1 i '1-1011 Iwi'll- I I 1: i-- 0 -e' IlAdcol! '04 t4i44 t-4-0i400'' 4 1 ut CONSINNIIIVAI ::7 1 1984 NCR Corporation Loom 1-2-3 and Symphony are trademarks of Lotus Development Corporation Miller Services 7:1 41 your office Equipment Supermarket CHARLOTTE CHARLOTTE HENDERSONVILLE 4 0 100 East Park Avenue Office Systems Inc Office S)stems Inc Computer kk'ays Means 372-3320 260 Charlotte Plata 834 Tys'ola Road 210 Main Street (704) 332-1201 (704 i 527-7950 (7(4) 697-1861 40004iosektiormitioefto4vsell-t-t---' I I 'P' 4 1151111111111.