Newspapers / The Chowan Herald (Edenton, … / July 12, 1976, edition 1 / Page 14
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Page 14 (Continued from page 10) For the rest of the morning, brown and Pully ran in and out of banks, savings and loans and security brokers’ offices. He stopped by Barringer’s photo studio for a picture, a tradition for politicians visiting Rocky Mount, and then headed for the YMCA, where he would talk to the civic club. He gave what he calls his “New York City speech,” wherein he retells the story of how the Big Apple went down the primrose path of neo-socialism into bankruptcy because it offered too much with too little to pay for it. The speech is interesting and touches little lEarnings Digests = SUPER DOLLAR STORES INC.-lUMgh [OTC] Ist qtr end May 22 1976 1975 Net sales $6,312,194 $3,851,282 Pre-tax income $256,596 ($141,893) Net income $131,504 ($72,367) Per share $.20 ($.11) EPS last 4 qtrs $ .96 Recent price 3-1/8 P/E ratio _ 3.3 X Management was very pleased. President Leon M. Melvin reported the company has added 23 stores since a year ago and consumer spending is improved. The company acquired four variety stores from Barr Stores Inc. of Covington, Va. April 15 and will convert them into Super Dollar stores. Since last September, Super Dollar has added 12 stores in Virginia’s coal mining areas. BRENNER INDUSTRIES-Winston-Salem (OTC) 9 mths end May 31 1976 1975 Revenues $21,589,000 $22,133,000 Pre-tax income $3,360,000 $3,800,000 Net income $1,817,000 $1,946,000 Per share $1.02 SI.OB EPS last 4 qtrs $1.33 Recent price 6 P/E ratio 4.5 X STANWOOD CORP.-Charlotte [OTC] 9 mths end April 10 1976 1975 Net sales $55,714,000 $49,850,000 Pre-tax income $1,499,000 ($4,101,000) Net income $1,349,000 ($4,161,000) Per share $.65 ($5.43) EPS last 4 qtrs $.48 Per share 2 1/8 P/E ratio 4.4 X PLANT EXPANSION? POLLUTION CONTROL PROJECTS? 700% Financing Program Through Industrial Revenue Bonds Is Now Available For Qualified Corporations. Before you dilute ownership through equity finam ing or c ommit for a costly debt financing program, let us discuss with you the advantages and mechanics of revenue bond financing on issues with a minimum of $300,000*. •Initial legal and procedural < osts will more than offset the benefits of using the program. For More Information Contact JONATHAN L. PEELER (919-682-2137 COLLECT) JP J. LEE PEELER & COMPANY, INC. INVFSTMFNT BANKERS Suite Soo — First Union National Bank Building Durham North Carolina 27702 SPECIALIZING IN TAX-EXEMPT MUNICIPAL SECURITIES Carolina Financial Times Lane Brown on the political side of things, because most civic clubs don’t like speeches with a distinct political flavor. The afternoon was spent roaming through the county office buildings in Nashville with Frank Brown, Nash County’s High Sheriff. Lane Brown finally quit about 4:30 p.m., got back into the LTD and headed out U.S. 64 west for Raleigh. His day was long from over, though. He had to be back in Albemarle that night for a dinner. He shook his head. It wouldn’t end until August. It seemed a lot for an office nobody seemed t-KUJCOttUJ (OUIS X W S T. to > v, m 5 5° £ I4J Closing quotes are the previous O O iu * ui -j >_i “J SJJ _j Wednesday quote. > * * « Selected New York Exchange Quotes Adams-Millis 4,202 4,200 SV« 4 5 5-1/8 4V. 5 Ak2ona 38,700 15,400 25% 17 19-5/8 19 18-7/8 19 Blueßell 45,500 64,900 48 Vi 37-3/8 42V. 42% 3914 3914 Burlington 159.500 106,400 34 23-7/8 25V. 24-5/8 24-3/8 24-3/8 C - B '9 2.900 3,100 3% I'/. 2 2 1-7/8 1-7/8 Carolina Fr. C 1,900 2,300 7 5-1/8 5 1 /. 51* 5-3/8 5% CP&L 122,900 129,400 21-5/8 17-5/8 21-1/8 21 20'/} 20'/* Cone Mills 33,400 14,400 56-7/8 37% 44% 45% 42-6/8 42-5/8 Duke Power 155,900 124,000 21-7/8 16-5/8 19 19% 19-1/8 19% Eckerd Drug 6.600 3,400 21-7/8 16-1/8 18% 18% 18 18-1/8 Fieldcrest Mills 34,700 73,700 22-7/8 15 19-7/8 19-7/8 19-5/8 19-5/8 Hanes 36,900 12,500 28% 14-3/8 25-3/8 25 23-7/8 23-7/8 Hardee's Food Systems 23,100 13,900 9% 6-5/8 8-1/8 8% 8 8% Hatteras Income Sec 3,400 4,700 17-7/8 15-7/8 16% 17 16% 17 Hu V ck 31,400 30,400 17-7/8 12 13% 13-5/8 13-1/8 13-5/8 Inlegon 48,300 7,800 9-5/8 7 7-3/8 8 7-5/8 7% Jefferson-Pilot 28,000 47,600 31% 24-5/8 27-3/8 28-7/8 28-1/8 28-7/8 Liggett & Myers 18,900 10,100 36 % 29% 32-3/8 32-7/8 32-5/8 32-7/8 McLean Trucking 3,200 4,000 56% 36% 51 52% 51 v. 51 y 4 Nucor 17,100 8,700 31 14% 28% 28% 27% 27-7/8 Piedmont Nat Gas 5,200 1,400 17% 15 15-1/8 15-5/8 15% 15-5/8 R.J. Reynolds Ind 155,200 127,400 68% 55 55-3/8 57-5/8 56-5/8 57-5/8 SprtnFd 14,400 16,100 9-1/8 6-7/8 14-1 /8 14 1314 1314 Texfilnd 7,400 13,600 9-5/8 4% 5 5-3/8 4% 5-3/8 United Guaranty 20,000 8,000 13% 7% 10% 10-7/8 10% 10% Wachovia 12,300 30,500 23 19-1/8 22-5/8 22-7/8 21-5/8 21-7/8 SeiecteG American Stock Exchange Quotes Alba-Waldensian 700 1,200 3-7/8 2-5/8 2-7/8 2-7/8 2-7/8 2-7/8 AMIC 22,900 13.300 12% 9 11-7/8 11% 11-3/8 11% Brad Ragan 800 1,600 17-3/8 10% 11-1/8 11-1/8 10-7/8 10-7/8 Family Dollar Stores 5,100 3,300 8-3/8 4% 6-1/8 6-5/8 5-7/8 6-5/8 Guilford Mills 1,000 1,600 7% 5 5-5/8 5% 5-3/8 5% Hampton Industries 3,700 1,800 8-7/8 3-7/8 6% 6-5/8 6% 6% Key Company 200 100 3% 1-3/8 1-7/8 1-7/8 1-7(8 1-7/8 Oakwood Homes 2,600 900 13-5/8 6-7/8 10-3/8 10% 10% 10% Pic N Pay 3,200 2,000 11% 7% 9-1/8 9% 9-1/8 9-1/8 Ruddick... 1.600 1.400 4-1/8 3 4-1/8 4-1/8 4 4 Sky City Stores 500 300 10% 7-3/8 8-5/8 8% 8% 8% Speizman Ind 3.000 2.100 2 % 1 % 1% 1-3/8 1 % Wellco Enterpr 800 4.100 5-5/8 314 5% 5% 5% 5% What is flic < AKOIXVA ILYAYCIAL TOILS? The grmving news publication in tlic S«»ntlieast. that's what! I lie < \K( >I.I.Y\ H.VWCIAI. TIMKS is filling a vital gap in Business and financial reporting across (lie stale willi a circulation in excess of 20(),(K)0. Since the crunch, the lenn economics lias come oni of (he close! and Back lo dinner laßk. and die ( AR()I.I.\.\ 11.\.\.\( I.\j, I IMIvS is spreading die word to presidents and providers alike. II von want to pass die word consider the ( ARE >1.1.\.\ I'l\.\\( lAI TIMHS. \\ ».■ deserve serious consideration if von are advertising a product or service in tlu (>ld North Slate . . . (iivc me a call and let s talk. AI (mslavcson <S2I-0710 to care about. “Not the way I see it,” said Brown, “to me, it’s the second most important job in state government. The treasurer is the state’s banker, the chief fiscal officer. The people ought to get somebody who will take care of their money.” Back in Raleigh he made some calls, conversed with is staff and read some mail. Then, with an aide, he headed off, to the west, and an evening of smiling, shaking hands and telling people that yes, you have to vote for the state treasurer. July 12, 1976
The Chowan Herald (Edenton, N.C.)
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July 12, 1976, edition 1
14
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