I
m
ic
^^rsdays; Ajugmst 1^7, 1972
foriingtoii
VEamings Up
'NEW YORK. BuiilriKtoii
Industries, Inc. reported an IS^
Iter cent in:Teas<' in net eearninge
and a 10 per cent inereas.; in |
sales for its third t|uiirler, com '
paud to the same period iii.st
year
flfet enrninngs for the quarter
eftdeti July 1, 1972 w<‘re ?12,- :
51i3,0(K) or 47 [H-r share, cornpar-
eci to $10,G17,00 or 40 cents tier I
share for tiie same quarter last
THE KINGS MOUNTAIN HERALD. KINGS MOUNTAIN. N. C.
Page 7
yeiir.
Consolidated net siales for the
quarter ended July 1, 1972 set a
new (|uailerly record of $171,-
24,000, compared to $12S,6,5,3,000
foi- the same tiuartCf. a year ago.
Net earnings for the lirst
nine months of the fiscal year
were $,3(>,22.S,0!)0 or $'1..3G per
silage on 2S,63H,0(K) average shares
outstanding, compared to $,3.3,-
91)3,000 or $1.30 per share on 20,-
306,000 average shares outsta.id-
ing for the same period Itist
year.
Sales for the nine months
were $1,35.3,046,(KJ0, or 4 per cent
ig
BACK TO SCHOOL
/
MEN'S LADIES, CHILDRENS SHOES /
By Walker *'
FOSTER SHOE REPAIR
. ' Ray Foster, Prop.
1
■*>
MYRA'S
BEAUTY BOUTIQUE
NOW OPEN
For Business
Complete Beauty Care Service
Myra Mauney Roberts, Owner & Operator
r
Haircutting Shaping Permanent Waves
Frosting Bleaching Wigs & Wiglets,
Color Tints Sales & Service, Too
Corner of Phenix & Walnut Streets
For Appointment, Dial 739-5931
Open Tuesdays - Fridays 9-5 Saturday 9-2
Open Late By Appointments
S;17-24
above sales of $I,29.\9'10,000 for
' the comparable period la.st year,
i Charles F. Myers Jr., chairman,
and Ely R. Callaway, president,
.said: "The increa.sed sales an 1
■ earnings in our third quarter
‘confirm continued strength in
; home furnishings markets and
i improved demand genertilly in'
appaiel fabric markets. Our
earning.) have not yet fully re
fleeted the improvi'd demand.
; partitilly a.>i a result of the sub
stantial costs of major manfac-
turing etpiipment and product
changes begun about 12 months
ago. About two-thirds of these
costs for the development and
expansion of knits, action wov-
ens and start-up of new home
furnishings products have now
been absoit ied.”
Earnings for the third fiscal
' (tuarter and the first nine months
of 1972 inclode, respectively,
about 0 1-2 cents and 17 1-2 cents
i per share of investment lax
credits undiT the Revenue Act of
11971.
Results for the third (|uarter.
and the nine months of 1792 in-!
elude the acquisition of National
, Upholstery company on a pool
ing of interests basis from the
beginning of the current fiscal
year. National upholstery sales
' were about 7 million for the nine
: months, and the pooling had
no ef.'ect on per share earnings.
The hoard of ilirectors of Burl
ington Industries, meeting here,
declared a regular quarterly di-|
vidend of 3.5 cents per share, pay
able September 1. 1972, to shtire-
holders of recoitl tit the close'
of business on August 4, 1972. .
fica.
Star Charlton Heston as pilot of a U S. airliner is confronted by a
hijacker's gun in MGM s suspense drama, "Skyjacked. " Yvette
Mimieux also stars.
NOW SHOWING AT JOY THEATRE.
Almost200 yea/s
at the same locatior.,
The Veterans
Corner
First-Citizens
Taps Leach
William J. Leach Jr. has been
promoted to assistant vice presi
dent of the Lincolnton office of
First-Citizens Rank & Trust Oo.
llio Littleton native has been
associated with First-Citizens
since 1909, and held assignments
in bank offices in New Bern,
Xings Mountain and Shr-lby, i)rior
to assuming his jjresenl posi
tion in Lijii-olnton.
lie has wide exjreiience in tbej
installment loan department as
well as the commei-cial biinking
department.
The University of .North Car
olina graduate was active in the
Civitan and Chamber of Com
merce in Shelby and is a mom-
air of .St. Luke’s Fpiscoptil
cliureh in Lincolnton.
Editor’s Note: Veterans and
tlieir families are a.sking thous
ands of (juestions concerning the
benefits their government pro
vides for them through the Vet
erans Administration. Below are
some represenltitive queries. Ad
ditional information may be oh-
taincfl at any VA office.
Is she eligible for additional
pension because she is now a
patient in a nursing home?
A. Yes. Pen.sioners who need
regular aid and attendance or
who are in nursing homes are
entitled to an additional special
monthly aid and attendance al-
, lowance of $35 under the current
Jaw. Those under the "old" pen
sion law may receive an addition
al $.50 monthly.
Q.—I hear World War II vet
erans can now get more insur
ance coverage. Is this true?
A. Yes. Policy-holders with
oitlier term or permanent plans
of insurance (V policies onlyi '
may retjuest that any dividend
due and ptiyable lie used to buy.
paid-up additions to their poli-i
eios. !
Q. I'm man iod and going to '
school under Ihe G. I. Bill. Will
I receive the extra allowance:
l;oi' the child we are expecting
from ihe date of birth, or from ,
the date I notify VA? j
A. You'll be |)akl from the
date of birth, provided you sub- ^
mil a copy of the birth ceitifi- :
eiite within one year of the i
child's biidh. I
Q. My widowed mother re- '
eeives VA death pension benefits.
FALL FASHIONS
j "Casual elegenc-e” is the best
! term to use when describin,g.
■women’s fashions this fill, it'
; mean.s clothes are eomfortahlei
I to wear and to look at and give,
j.'the wearer an air of confidence, I
explains Dorothy Barrier, e.xten-
Sion clothing specialist, North
Carolina .State University. I
'I'he I’.S.A.'.s lieeii in liu.siiics-; a
long time. Ho it’.s jivotty .solid.
And Ihai’.s xvh.at nmke.s U.S.
Savings Ronds such a reliable
and sure way to build a nest egg.
Bonds are coinplt 'lely .safe, too.
Lost, stolen, burned. It maktit
no dilfereiice. Your Ronds will
he replaced if anyt'-ung haiipcii-s
to them.
Why not turn a f-Av preen dol
lars into some blue chip I'.S.
Havings Bonds? Joiiitlie Payroll
'iavings Plan where you work or
buy Bonds at your h.ank.
ik.'s. Savings Bonds. They’re
a solitl wav to save, --fv,
1 Ha:*™
: S' ^ , . u
i sviiu.sK
-, , .Y isi. r.wli. iih
liv I'linotiM.- t :t;
.- r-pl.h- .l It I Mu
Take stock in America;
Ponds are a safe way to save.
.a
1 vr* •
S «M>
STORES
COMPANY
5‘-'l“SIDaSI
BACK-TO-SCHOOL SALE Thuis. Aug. 17 thru Sept. 4
niLER PAPER
oOO SHEETS
REG. I’RICE S7c
SALE PRICE
47c
GIRL TALK
BINQEB ENSEMBLE
SPECIAL
$1.57
SAVE 31c
KNITTING YARN
4 OZ. - ASST'D. COLORS
SALE
99c
REG. PRICE $1.19
LADIES BRAS
PADDED AND REG.
Sizes 32A To 44C
66c
COIL COMP. BOOKS
SALE
27c
REG. PRICE h9c
NOTE BOOK ENSEMBLE
SALE
$2.28 VALUE
BIC SCHOOL SPECIAL
SALE
37c
REGULAR 49c
BAGGED PENCILS
—26 TO BAG-
SALE
57c
REG. PRICE 67c
ADORN HAIR SPRAY
REG. - UNSCENTED, X-HOLD
SALE PRICE
$1.37
REG. PRICE $1.86
MEN'S SOX
AND NYLON S'
IRREGULARS
SALt
4 Pairs $1
ORLON AND NYLON STRETCH
) IRREGULARS
SALt
COLGATE TOOTH PASTE
67c
REG. PRICE 72c
COLGATE INTSTANT
SHAVE CREAM
SALE
37c
CONE MLL
BEDSPREAD
SALE
$9J»
REG. PRICE $11.88
DIAL DEODORANT
ANTI-PERSPHIANT
• SALE PRICE
97c
REG. PRICE $1.42
Southern Railway
gives a green light to
Buyi
#
Sout
We spent $179,018,291
here in 1971,
much of it
vvithi small firms.
When South' 03 R-ves shopping, the total
comc.5 :o .'-’■ j'!'-''. ^ uf dollars annually. You
may Le heiiefliing from those purchases.
Because whenever possible, we make a
practice of buying in the states we serve.
This not only benefits local businesses,
but it helps create jobs and otherwise boosts
prosperity in the South.
in 1971 we spent $179,018,291—repre
senting nearly two-thirds of our total pur
chases—in the 13 Southern-served states
and the District of Columbia. Tliat money
went for everything from paper clips to
freight cars- all kinds ot goods and services
needed to help us run an efficient, shipper-
oriented railroad. To better serve you and
the entire Southeast.
Southern feels fortunate to be part of the
fast-growing South. We show it by giving a
green light to buying here.
SOUTHERN
THt KAILWAY SrSTCM THAT GIVES A OAEEN IIGMT TO INNOVATIONS
Sapptrt the Surface Transportation Act: the help transportation needs to help you.