Winter gardening
These Arabia greenhouses are being reconstructed
for some late winter gardening. The structures were
once used in another county operation which felt on
hard times. They have been moved and will ap
parently be given new life.
SNB 1983 Earnings Up
Southern National Corporation
reported that its net operating in
come (income before security
transactions) amounted to
$7,725,846 for the year 1983 as
compared to $6,892,480 in 1982.
On a per share basis this was
$3.67 in 1983, an increase of 13<^o
above the 1982 figure of $3.25.
Net income amounted to
$7,401,690 in 1983 versus
$6,565,879 in 1982. This amounts
to $3.51 on a per share basis in
1983 and $3.10 in 1982, also an in
crease of 13^o.
For the quarter ended December
31, 1983, the net income before
security transactions was
Heilig-Meyers Earnings
Set Record During 1983
Heilig-Meyers Company, the
Richmond based home furnishings
chain, which operates a store in
Raeford. has announced record
earnings and revenues for the third
quarter ended December 31, 1983.
Earnings increased 48.4<^o to
$3,166,000 compared with
$2,134,000.
Earnings per share rose to 51
cents from 40 cents for the third
quarter last year.
Revenues for the quarter in
creased 22.4?7o to $40.4 million
compared with $33.0 million a year
ago.
For the first nine months, earn
ings increased 48. 3 to
$8,260,000, or $1.33 per share,
compared with $5,571,000, or
$1.06 per share, for the same
period last year.
Nine month revenues exceeded
$100 million for the first time,
reaching $105.5 million. This is a
1 5 . 4 increase over last year's
nine month revenues of $91.4
million.
$1,839,089 as compared with
$1,902,774 in 1982. This amounted
to $.87 per share in 1983, as com
pared to $.90 in 1982. The net in
come figures were $1,846,550 in
1983 and $1,889,308 in 1982, or
$.87 and $.90 on a per share basis.
The earnings per share figures
for 1983 and 1982 have been
restated to give the effect of the
five-for-four stock split which oc
curred on June 30, 1983.
Southern National has three
mergers pending with Community
Bank of Greensboro, The First Na
tional Bank of Anson County,
Wadesboro, and Cherryville Na
tional Bank, Cherryville.
These mergers have been ap
proved by the shareholders and are
awaiting approval of the
regulatory authorities. It is an
ticipated that these mergers will be
completed by April 1 .
Southern National Corporation
is a one-bank holding company
operating a total of 78 offices
located in 35 cities and towns in
North Carolina including Raeford.
The shares of the Corporation
are traded in the National Over
the-Counter market under the
NASDAQ symbol "SNAT."
(Associated Press abbreviation:
Sou. Natl. Corp.).
Complete 25 years
James H. Bailey (left) and Charles F. Coleman (right) both recently
completed 25 years unbroken service with the Raeford Plant of Burl
ington Industries. They were presented certificates, diamond pins and
commemorative gifts. Bailey began work at the firm in the Prepara
tion Department as a Service Man. He was transferred to Yarn Man
and later was promoted to Slasher Helper. Since 1965, he has worked
as a Slasher Tender in the Preparation Department. Coleman started
work as a Service Man in the W inding Department. He later was pro
moted to Technician and then to Supervisor in 1972. He spent a short
while in Spinning but most of his career has been in the H inding
Department.
Do You Have
Firewood For Sale?
Advertise in the classified section of
The News-Journal for as little as $1.50 per week.
Call The News-Journal today for details.
You could be losing money by waiting.
CALL
875-2121
or drop by at 119 W. Elwood Ave.
Raeford
II Laurinbui^g Firm Changes Name
Snowdon, Stogner and
Associates, P. A. Architects,
Engineers and Planners, is the new
name for an 80-year-old Scotland
County firm.
Stogner, a principal in the firm
since 1982, has become Vice Presi
dent with primary responsibility
for supervision of the firm's pro
ject work.
Donald F. Jordan, a principal in
the firm since 1955, is Treasurer
and will remain as a consultant for
Snowdon, Stogner civil engineer
ing projects.
Joan A. Ramsey, office super
visor since 1971, has been named a
principal and is Corporate
Secretary of the firm. Her respon
sibilities will be office manager and
marketing coordinator.
The Laurinburg firm, which
dates to W. J. Mattews' establish
ment of a surveying practice in
Laurinburg in 1900, is a major ar
chitect of facilities for public
schools, colleges and universities,
financial institutions and military
installations.
Stogner, the new Vice President,
is a 1973 graduate of North
Carolina State University with a
degree in architecture.
Mrs. Ramsey, Corporate
Secretary, a native of Laurinburg,
attended the University of North
Carolina at Greensboro and Hard
barger's Business College.
Snowdon, President, joined the
firm in 1957. He is a 1950 architec
ture graduate of Clemson Univer
sity.
Jordan, a 1938 graduate of
Wake Forest University, and a
1948 engineering graduate of
North Carolina State University,
joined the Laurinburg firm in
1953.
SWEET 'N LOW
Pockets - 1 00's
V-M reg. 1.35
BONUS O Of
114 N. MAIN STREET RAEFORD, N?.
STORK HOURSi ? a.m. tH ?t JO p.m. Men. -Sat.
We Reserve The Right To Limit Quantities
Prices in this od good thru noon February 21,1 984 or un
til merchandise is sold out.
Featuring Low - Low Everyday Prices
VICKS'
FORMULA
44D
6 oz.
V-M reg.
4.47
?ONUS
BUT
2*8
4U)
OXY 10
Acne Medication
1 oz.
V-M
reg.
3.16
BONUS
BUY
k BUY
QKViQi 249
k ".*S'32
SULFUR - 8
Hair & Scalp Conditioner
2 oz.
V-M rag. 1.92
BONUS BUY
SINUTAB
Tablets 30's
V-M reg. 3.12
?SSf 2/300
1
29
Sfnijtab
EX-LAX
Gentle Pills
EFFERDENT
G?Af7LF
EX-LAX
24's
V-M reg.
2.44
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?UY
efferdent
M
1
59
Toblets
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rn
2.40
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2/300
CORRECTOL
16's
V-M reg. 1.36
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88
? SjUIi ltd -Cm
ST. JOSEPH*
14 ASPIRIN
"JF FOR CHILDREN
?lilien fifti (ait ? Oittir
36's
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ORAL-B
Right Angle
Toothbrush
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IV
RkJNtAnqfe,
49
iin! tm
Oral-B 15
Orthodonic
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IV
CHAP
STICK
All Flavors
V-M reg.
75'
?ONUS BUY
2/1
00
TYLENOL
Children's Liquid
2 oz.
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2.49
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77
1
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Tablets 100's
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00
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4.43
1
99
BONUS BUY
NYQUIL
10 oz.
V-M reg.
4.96
Compare And Save
MAALOX
12 oi.
2"
Hi- Value White Antacid
i
39
VICKS'
FORMULA
44D
3 oz.
V-M rag.
2.91
BONUS BUY
1 99
3SB
_sJ
NYQUIL
6 oz.
PLAYTEX
Deodorant Tampons
V-M reg.
3.42
BONUS BUT
2/5
00
MAflKID P AOOGf 5
V-M rag. 3.14
28 s
Reg.
& Super
?ONUS BUY
2/5
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SHOWER TO
SHOWER
Powder - 8 oz.
BONUS BUY
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BUY
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2/3
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Symp
4 oz. V
V-M reg. 1.71 '
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DM Symp - 4 oz.
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1M
TRIAMINIC
DM COUGH
FORMULA
4 oz.
EDGE
SHAVE GEL
7 oz.
Special, Extra
Reg, Menthol
V-M reg.
1.37
BONUS BUY
1"
TRIAMINIC
Syrup
FLEX
SHAMPOO 16 oz. or
|~^ Conditioner
?t fe \
l.St
??st o, mho"
sore throat pa\n
16's
Orange & Cherry
V-M reg. 1.39
JUT
99
CIGARETTES
Ewrytoy Prict
6"+to
per ctn.
Warning: The Surgeon
General Has Determined
That Cigarette Smoking Is
Dangtrous To Your Health.