Skip to main content
The largest online newspaper archive
A Publisher Extra® Newspaper

The Knoxville News-Sentinel from Knoxville, Tennessee • 21

Location:
Knoxville, Tennessee
Issue Date:
Page:
21
Extracted Article Text (OCR)

Ill Kiwrih WwwSmBmI ij foyer to have high ceiling and enables living room ana dining room to have CONTEMPORARY Unusual exterior design is rarely seen in a house which contains only 1270 square feet Tall recessed entry area permits I wood plank ceilings for interest- IKS Ian Opens A New York group headed by Negro singer James (Mr Dynamite) Brown expects to begin broadcasts from a new radio station next month from studios in the Famgut Hotel A1 Garner general manager of the new station nkl foe Federal Communication Commission has approved a license transfer from the now defunct station WGYW in the Famgut to the James Brown group He said the station hopes to be on foe air by mid-January broadcasting from sunrise to sunset "We will have a rhythm and Hues Mr Garner said It will be called soul radio We have applied for the call tetters WJBE- the JBE standing for James Brown Hiring News Staff The transmitter for foe 1001-watt station will be in Fountain City Mr Gamer 30 a native of Roanoke Rapids NC came to Knoxville three months ago from station KYOK in Houston Tex 'He already has three members of his broadcasting staff and is in foe process of hiring a news staff Irv Jackson former program director at KYOK Houston will be program director of foe new station Doug Candis former announcer at WCIN Cincinnati-ti will be foe morning man and Wesley Lark a disc jockey for the old WGYW will hold a similar job in the new organization Will Seek Opinions A feature of the station wUI be a program called "Sound fa which Knoxvillians will be permitted to call the station Prices lie To Rise gain in 1968 Costs at Homo in Restaurants Wore Up in 1967 By PHIL THOMAS NEW YORK Dec 30 Whether eaten in a restaurant or at home food generally cost more in 1967 and prices are expected to continue op-ward in 196C The price of food like scores of other products and services rose in 1967 During foe first foreequarters of the year restaurant meals were about 5 per cent more costly than they were in 1966 while shelf prices in the grocery avenged leu than one-half of 1 per cent higher than foe previous year according to the American Institute of Food Distribution Inc a trade group Totaled 8187 Bfflfaa The institute said preliminary figures showed eating and drinking places had sales during the nine months of 8187 billion 67 per cent more than in 1986 while food store volume for foe three quarters was 8481 Mllion 17 per cent more than a year earlier Supermarket operators contend they make only a 10-cent profit on 810 worth of tales The Agriculture Department predicts markups on food prices by processors and marketing firms wifi increase 2 to 3 per cent in 1968 over 19678 margins The --department says the markups will be reflected ini The Knoxville hurley market higher retail food prices pot- has tumbled from a strong sec-sibteyasmuchas 3 per cent last year to fifth place this year for leaf pound-Operating costa of food mar- MAYFIELD'S BIGGEST displayed on the lawn at Pike has attracted a lot of placed Thursday Mayfield's the fiberglas Jersey feet high and five feet wide luf Price Averages Volume JERSEY A plastic cow Mayfield's Dairy on Kingston curious stares since it was manager Jim Locher inspects which is 20 feet long 15 Better Leaf Down in Honey Demand Ijfill Continue greatm Wall Stretfers SayRnancing Adequate By JOHN ALLAN iw Nw Vrk TfeM nm Mnrici INEW YORK Dec SO -The demand for money fa-1088 fa yotngto continue great It will be bigger than it waa fa 1087 when interest rates reached their highest levels since the Civil War and It win be great-jer than it was fa 1001 the year 'tf the Labor Day ynoney crunch i -Thii fa the conclusion of Wall $reet financial analysts who are beginning to focus on the Wipe of the money and capital markets for the year ahead Like 1068 and 67 it seems eer-tiin to be a year of surprises and excitement United States Treasury corporations state and local governments and homebuilders an are going to seek to borrow 'record or near-record amounts of short- and long-term funds Be Ffaaneed I -Henry Kaufman-partner-dconomist for Salomon Brothers Hutxler made a projection of the demand for credit in 1068 that totaled S7S3 bO-Hon SIS billion above 1967 The Rejection assumes no Federal income tax increase said Ms 1968 figures are not a forecast because the 976 billion of credit avpanriwi cannot be financed the figures are used to filwtrate foe problems ahead In Ms picture of credit demands Kaufman projected US Government borrowing in 1968 at 920 bflliL up flrom 932 Million fa 1967 Corporate bond sales in 1968 he put at fill Ml-ljon down from 8153 billion Mortgages were estimated at 8205 Mllion up from 9195 Million estimated for 1967 Gap Widens On supply nonbank institutions will provide 9242 billion down from 9251 billion and batiks win provide 930 billion down from 835 billion Bank tending may be reduced more if the Federal Reserve tightens ''epedit more rapidly than expected To balance the huge demands credit some source must produce 8216 Mllion according Kaufman's illustration This -fa bigger than the gap that existed during 1968 Edward McClellan of Bache Co Inc remarked re-'cgntiy "The bond market fa not out of the woods yet" Net funds to be raised in foe credit markets fa the first half of 1968 be about double the amount to the first half of 1967 and even more than the first six of 1966 McClellan pre- dieted Cut Debt Another Wall Street economist 'estimates that the Federal Government will not reduce Us debt a( all during the six months ending June 30 in marked contrast to the six months to last June 38 when Treasury had a to a at the right: The dining room in turn leads through sliding glass doors to a STRIKING LIVING Partial view of fireplaced living room shows large windows looking out on rear garden with a glimpse of the dining room covered porch with a I a food marketing distances up radius Mr Goddard reports that the I to voice opinions about fasuea buriey export volume has grown I Listeners will be able to call a from about 40 million pounds special number at any hour when the "volunteer promotion have their call recorded and fond wu started six pfayed back at intervals during yean ago to some 10 million the broadcasting day pounds noWj I Another innovation will be the Under foe program a grower presentation news reports at voluntarily signs up for 50 cental 20 minutea after each hour and to be deducted from Ms crop! again 20 minutes before the check The money goes to pro- hour mote hurley exporta and to pro- Mr Gamer said the Knoxville vide technicians to teach far- station is the first several eign cigaret manufacturers the stations the James Brown group merits hopes to purchase acroes foe He says some 65 or I nation 70 per cent growers ate now contributing lArfS CfilTtfir Burley Stabilization Corp had WIIIBFI to take 404 per cent Tennessee buriey into foe price support pool this year before Christ mu compared with only 135 per cent last year To Be Built at Hiwassee TEC Reassigns Seven Executives port says earntap and day ut 95 per cent of the fringe benefits of food market- ITennessee crop has a'ready been tag employes ate expected to nUL rtebetiraly df-1 set by increases in output per pounds of hurley before manhour Prices of most fa- Christmas last year compared puts bought- by marketing with only 5998603 pounds for firms are expected to be higher I fo proirlstmaa period this AlsoTexpected to contribute 118 rePec' to increased foods costs trelly 85A70JOO and 84J96J96 higher farm expenses because of better price averages Although food prices are ex- for this year's leaf which was pected to rise fa 1968 the Agri-L culture Department sap Amer-rf type cceplWe to leans probably wUI devote teas P11 mtnufactuiera of their income to groceries The 1967 avenp wu 57162 than in foe previous two years I per 100 pounds and the 1906 said 113 per cent of the ernp was 86881 per capita American income I Crop la Lighter went for food fa 1186 and 177 True the entire belt crop fa per cent fa 1967 An expected fighter this year with Teimes-Ju2P fa facome tt aee selling only 91 J57A35 pounds said suggests the percentage tobacco before the holidays hr f00d compared with 94494307 lad fa 1968- 4 I season East Tennessee leaf was The department mid the superior to Middle Tennessee epeyh a luf fast year and It wu the total 835 a week for food lother way fob seam says Paul Goddard secretary-manager of the Burley Stabilization Corp the Government support coop for Tennessee and North Carolina But why the volume drop fa gnmniin a i the Knoxville market in pnrti- Ptar? Mr- believes a Mtor Mt the ville forming area fa becoming nenee Valley Milk Frtducers I ingretslngly more industrialized A Glover Knoxville urn- and ciatku manager for over 30 Anw yean was named general manager the combined milk-marketing coop- It fa alio to be remembered that Dean-Planters formerly a leading Knoxville market Sfil with living room and dining room makes ideal combination for entertaining guests FLOOR Maximum utilization of all available space is clearly evident Entry foyer is hub of circulation pattern Open design linking entry foyer js" ssrfissirfc House he Week count not only the Treasury's MADISONVILLE Dec 30 Special) A Liberal Arts Center fa to be built at Hiwassee College The cost including equipment wifi be 81380308 A contract has been signed with Webb Brothers Athens on low bid 81123383 Dr Horace Barker president nid Construction trill begin early fa January Funds have been made available by several sources Tha UJ5 Office Education made grant 5340300 under tha High er Education Facilities Act and approved a loan 5416000 under the Title 111 Program A grant 5204300 through the Appalachian Fund fa assured The additional money fa being obtained through private sources The Liberal Arts Center will have more than 50300 square feet at floor space It fa contemporary in design and will have the most modern developments fa academic building Nanning and technology Thera trill be more than 20 dass-is plus faculty and administrative offices material centers and other facilities An auditorium wiU seat 922 It fa so designed that it may bo divided into classrooms The new center trill be air conditioned and have electric heat It will mark the end an era for foe college The new center will replace Htwassee's present administrative building the last the old buildings When completed every old building at Hiwassee win have been replaced fa fen than 31 years A chapel fa under construction The architects Godwin and Beckett Atlanta have incorporated both foe chapel and Liberal Arts Center into an overall campus expansion plan Ranch Has Compact Look 'direct borrowing and repay- ments but also the Federal sates of participation 'certificates the final six months of! erative Mr center which once bad the greatest buriey floor space fa the world is not conducting a market under its own name this year As pioneer market center D-P pulled fa many crops from fang KINGSPORT Dec 30 New appointments effective Monday affect seven production executives at Tennessee Eastman Co and Hdsfon Defense Cup CM Ids for nine years general superintendent Tennessee Eastman Acetate Yam and Fiber Development divi-kms becomes a consultant on fiber products He will with foe general management development staff and others Underwood becomes TEC general superintendent for the Cellulose Esters and Tenite divisions For 16 months he hu been plant manager Holston Defense Corp A Scott for 2jj years superintendent the TEC Polymers Division succeeds Underwood at HDC plant manager Wilson for the past year and half assistant superintendent foe TEC Polymers division succeds Scott superintendent it A Moriarty fa new assistant superintendent foe Polymers division For 2 years he has been superintendent the Polymers Development and Control department Morrison Jr director of operations for Holston Defense and for four years general superintendent for the TEC Ceilu-ton Esters and Tenite divisions becomes general superintendent of Acetate Yarn nnd Filter Products divisions He continues HDC director operations Petrey for two years general superintendent IEC Filter Products and Kodel divisions becomes general superintendent foe Ffeer Develop meat division and continues as general superintendent the Kodel division Two booklets containing colletcions from this house plan series are available: (1) YOUR HOME how to buy build it sell It hu II varied House of the Week Plana (3) RANCH HOMES is a new booklet containing 24 the plus These may be ordered for 81 by writing House the Week The KnaxvUfa NewaSentinel Box 992 General 1 oat Office New York Enclosed ia 81 for YOUR HOME booklet Enclosed fa 81 for RANCH HOMES booklet 60 FranchlsM Sold Glover said offices and facilities would be maintained i Ijboth cities Harold Ruth-ford was named manager the Knoxville division and jjEdward Kelly wu named to I manage the Chattanooga dhri-Fsioa Mr Rutherford has been Mr Glover assistant and Mr Kelly bu been assistant man- ager fa foe other group Hudlow president the Chattanooga association jjwill be president foe group Sum TC Inna Madisonvilte who I has been president the Knox- Lville association win be vice president of the new one Ron jL Buckley who hu been maw-ager the Chattanooga asaod- BUILDING EDITOR The News-5entineL Enclosed fa 58 cents for baby blueprints oh Design Z-21 Name i City State Zip Code NASHVILLE Dec 30 (UPI) A Nashville firm hu purchased franchises for 60 Minnie Pearl's chicken restaurants Florida and California for mote than 5750000 John Jay Hooker Jr board chairman Minnie Pearl's Chicken System Inc nid Sloan's Fad Foods Inc purchased the franchises Sloan's fa headed by Nashville lawyer bustaesamaa George A Sloaa Sloan nid the franchise purchase foe larged add fa one transaction by foe system investment mill ion dollars" including construction foe retail outlets By ANDY LANG fiscal 1968 the Federal Govern-! iak evident la a small house is con-! -ments net debt reductfon to nce in this I amounted to 8900 million foe closest recent result similar econom'c1 fort- the one projected for foe next racn six months Contemporary fa character I Ini with a crisp Uvely look and a I The U5 Government aad rather elegant entry foe ex-1 Jane corporations have a terfor fa an example of how grroter ability foan local govimagfaative design can remove emments and hone builders to 2 hid fa the capital markets for The materials long-term funds Legal fateiJcaab rotate cel I la gs frequently I siding might be solely rf hamper smaller governmental00 siding-by preference or to and individuals reduce costa even further Nevertheless tax-e tl Has Large Vhdns jbond safes ate expected to fa-1 Only 1279 square feet foe 'crease during 1961 just as theylhouse nevertheless contains all have for the past decade Thelthe amenities desired by a mod- rate of increase next year era family Every inch of space I -however may not be as greatlhas been carefully planned by I gs the Jump from 1986 to 67 I architect Samuel Paul for maxi-1 The hteiHt-rate ceilings thatanim utility and grace Even a local govern financing fate fa 1967 interest rates on tax-1 area are Included within the exempt bonds leeched a peaklover-eB dimensions of II" not seen fa a third ef a cen-lby 51 tury insure a continued heavy I jiving mom fa Schedule of state and city boadl visible from the high-oeiiing tfofc foyer tt by a targe wi Ready Renew I above foe entry door A spa- Whenever foods are available ctahn ckeet is just ie-home local governments are go-lsjgt door Large windows -fag to be ready to borrow la sloping wood plank ceiling and Ike supply outlook for am- brick wall containing a financing is not bright I pi the faring room a Commercial hanks the dom-lfapety uttering place for both laant tenders fa foe field wylfomily and guests not buy so marry tax-exempt bands ia 19SI as they did fa 1967 they are hindered too long! To foe right of the taring room -from raising foe 15 per cent I mnwpsiL tlroom abo bu a doping wood 'lank cental coetiguous with tatioas fa 1968 wont rise awBntedetolFe 18 leTer SrilUhtoTSS! fldlfadffaiiy with foe foyer and and about 89 ypy SHe I Jed outside foe di room that dwland accessible faona through fa stale and facalldidfag gtasa doors fa a covered debt fa the ffestlporch with a huOl-ia barbecue hkfa caa be acreened fa de ft sv cowered rear parch a one-car garage and a sizable storage -fud "may be a Aid Starts Tuesday modate a tabfa for breakfast and informal family meals Cm Have Basement Just off the kitchen fa the laundry area with room for a washer and a dryer and with a large closet Beyond is the service entry which permits trance to foe laundry or the garage Inside the garage is a storage area targe enough to he used for home workshop tf the man the house fa so inclined At foe left ef foe foyer fa the rdroom wing Three amply-sized bedrooms am In here The closets are placed to serve additionally as sound buffers between the noma The master bedroom hu cron ven-tilatioB a private hath with stafi and a huge walk-fa win begta its annual "taxpayer's assistance" program Tuesday according to Brace King who Is fa chugs of here Thou person wishing assistance ia preparing their 1887 in- Senior Citizens To Hear Russell Rev Walter Russell associate minister First Methodist Church will speak at 1:28 Wednesday at foe Senior Citizens Center 611 Winona St on Knoxville project of foe Committee on Aging The center's dubs organizations and classes will resume their activities fob week They include contract bridge at 16 ajn Mondays canasta at 1 pm Mondays Wednesday aad Fridays: art class at 1:26 pm Tuesdays ceramic clasa at 18 am Wednesdays sewing and nig classes at 18 am ea Man-days and Thursdays duplicate bridge at 11 am Fridays and toe bingo party at 7 Fridays When not fa nse by foe i bers foe center facilities are open to adult nonprofit dubs and organizations Call fa advance to make arrangements TVA Man in GHA Job GREENEVILLE Dec 28 Andrew Madron chief tard appraiser lor TVA fa Chatfannoga has been hired as execative director of foe wows wsm i nans Mnm jW" weararer ne coranrs- CneurriOt (loosing Authority due by president the American sum She wj hem charge ef the the NastarOe office faa kciety of Newspaper Editors wig jP financial operation te responsible for foe rrms ac- Bales who rested to take a place forms fa birs on' become pubMwr ef The Ore- Mrs Joyce McEKea has been 'cowcs receivaNe and acron-vu posium Atahoasa Madron ttecMge of fafarnmtteo between offices It wO also reduce pn-llhX" xgjjperworh between offices (05 ceoycd tempnrar-1 kwsteesn NotlOfl PubiislMr to Room 318 on the third floor the main Post Office bunding he said Officials Acre wffl individual tax prob-foe hours ef I 4:45 prnL Mondays through Fridays If it Is impossible to come in person taxpayers seeding as-534-491L exteniion 4297 Mr King The Internal Revenue Senricei1 have avadi bookleu wiB agate have avadibie booklets -Year Federal larame closet at the entrance to The ban bathroom fa equipped with vaaitoty buife-to cabinet tile around tab to ceffiag excellent fighting Design Z-21 looks modem fa mndern nnd lives modern yt fits a modsst budget It cm be built on a concrete dab or with! a fort lor outdoor dining and relaxation Doors on die otter Job I hinted Mtchen midway CORBIN Ky Dec 39 (Spesbnoklrt Isle tad week two entrances in Contract for S37J991 The local office said it It equipped with aR me mi ant ana he notified at later anl "Smafl I Guide" at cents per The local office was tfly oat cf the amaR than toe ST8 bdfam rim 1367 This shift vbe earned by erodoa lor rather by -rate iinifsthins Corporate hand ''which Jtonped sharply ia 1987 -M tarty 3ttrt sHghrhr 19M let to hr affinam by today Airport Greer Brotiten The erai the first Iter sf foe tat OQkr Maaday ft was bookkeeper to payabie She Join'd foe agney wig he hero to midJMHry He ShewiU teUM graduate from U-Tta UN- Thera.

Get access to Newspapers.com

  • The largest online newspaper archive
  • 300+ newspapers from the 1700's - 2000's
  • Millions of additional pages added every month

Publisher Extra® Newspapers

  • Exclusive licensed content from premium publishers like the The Knoxville News-Sentinel
  • Archives through last month
  • Continually updated

About The Knoxville News-Sentinel Archive

Pages Available:
1,730,551
Years Available:
1922-2024