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Seorgin Business
~ InsuraneeInsiders
. Silenton New Issue
By JIM MONTGOMERY
Hottest topic in Attonta financial circles now isan insurance |
SOIT, 326 WED A pace ene Sa come
But nobody connected with
The venture will disctisw it.
= The principals and under-
writers greet
Fpress Inquir-
“lee with a
silence, obvi
scared
SExchange
ef te tat
And this bb oa ee
“eenaltlve lime’ because
_ company's
ds
-wwalting SEC action assigning
“an effective date
Bot the SEC alsa has: the
orto delay the issue if It
Suspects eee promo
So no des are talking;
sust everybody
. eee o call to the
‘w regional office in At-
tine ee a copy af the
announcement. lasued
vibe SEC Hae! wher the
“epee slaterment was
weeks
ed some three ago
in Washington, that is,
ent,
me Phe SEC - announcement
‘that United Trust Life
“Jnsurance Co. of Attanta -ae-
alually Med two. registration
Hatemenis on Sept. 22.
United ‘Trust, they teveal,
ends. to ralse a ‘whopping
ramen company tha
ought: so great a
pltalkeatinn.
‘One of the eee Bite,
covers 750,
which Toman are to, be
i
tee
a3e;8be5
Hb
iat
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8
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s Zee
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a
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i
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ee.
=
=
&
ne
per cot chount trom
Bee ec
| rate at its Pee
Fe ernie oe te
Bache &
100,000 neni
Boras ois ate 100,000
shares 19 United Trust off}
‘cials “n antes of their
The balance, some 34,000
invest.
| STRICTLY BUSINESS
the
Re-bars, ee
SE One overs! steel
A Youngstown Sheet
| Co said the -company,
adhering t a policy af ‘of nine
we in.
develop.
The SEC announcement also
noted that United Trust. al-
ready has. outstanding 15,000
common shares gold at $10 a
The net
proceeds of the | ,
stock sale, it addt, are to be |e rat tonter-
used to meet require-
Tents. for appl ea
conse to
ance bsines Georgia 0
to condoct an Insurance bes
"The, oa
Light become presi-
dent of United Trust in Atlan-
ta. That om fF wat Pan
American Lie in New Or-
leans and, as we can re
call now, Light was vice prea
dent in charge of agencies.
scount for
‘transformers |
Lesing See ee
a price on inquiry
hundred
man's Fund ccm a, roa
American ping ep
He will continue to manage the
‘ks branch office he: a
fee
te of Georgia State Col-
he nal Fireman's Fund
Bank Women, now u
feet anual eouvenilen akan
Youngstown Joins
In Steel Price Rise
Fourth Major Producer
Orders Increase for Re-Bars
ipmenta, are twed 19 fa
Se eee
. te Heads U.S.
te Life Insurers
imess FEATURES
NEWS-VIEWS
Page 46
The
= |———__——-
_R. H. Dobbs
ican Motors ©
Ibexpecta to
of hours ‘whether
of
able issue.
| R. Howard Dobbs dp. of At- ae
ining a.
t! ia
ther
| Ford and Chrysler,
DETROIT if ‘United | industry"
Ate Workers Union ta Armen, wrth 34 ct more per
Wednesday | man — at American.
in @ matter deadline of ribet rte ree
profit-sharing Pecan bean sett!
a-new labor contra Drea Despite their pew national
Md
"Hse te sik taf eat abr to
Cocp. was. begin-| bles.
fing oak eal felt eco Heng iy mail are oa
union, wants the
top of the econom- | supplement the ‘national .con-|cers
kage it negotiated previ- tert Approximately 390,000 are
ously with General Motors, a. i '
These packages have been ex|Detrlcares “€
Posted an worth HA conta an Poorer rane yt nee
per worker over ihres-
year life of the contract, Up-/ models GM aelvered = Light
der the old contracts UAW) ster ce
sinter nse | Fed's wienote’ Rough plan
contracts provide for
Thursday, Oct. 15, 1964:
UAW Considers Whether to Strike
Over Profit-Sharing at American
“a only -proift-sharing jin suburban Dearborn is being
picketed by the Pattern. Mak-
ere Union (APL-10) in support
of Its own new ‘contract: de
ma-/mamia And at two éngine
plants and a foundry outelde
Cleveland, Ghio, both the:
tern mokers and the Br
bood of Eiectrical. Workers are
striking on nconamic: |ssues.
UAW workers in Dearera
walked through the
Makers picket Tines, baa at
Cleveland they have or
ders of UAW int 1 oi
are honoring
Tings and keeping the three
fend cele
Douglas Fraser, chief of
cane | WAW's American Mot
member negotiating committee
at American woild take a vote
on whether-to strike in support
a canis the profit-sharing
A strike
\has been set. Moat alher
contract settlements, @!
cars haa been cut off by a
finale atclke over locabieval
tamues In bargaining on ab-the-
Plant working agreements which
a
dealer,
=
and as vice president of the
Health Insurance Association nf
‘Currently, he is a di-
Gas Ca,
fre
SHE
Sega! “TREEisE-y
SERIS“EF:
experience helpful, Ag
tanta. This is on unusual
in advertising business.
dential, Equal opportun
Write Box NC-498 c/o
~ ADVERTISING FIELD MANAGER
' Major National Advertising Agency needs ag-
. gressive, personable man with successful od-
* yertising background. Sales or sales promotion
- Some travel involved. Will headquarter in At-
in complete resume. All replies strictly confi-
@ 29 to 36 preferred.
opportunity for career
Specify salary desired
ity employer,
Journal-Constitution,
7 aa
PAS ares
#4
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yrs
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seid areretianer? seerseeree
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+57
INSURED
QUARTERLY
CURRENT
MAIN OFFICE
3030 PEACHTRER RD, NW.
SAVINGS
NOW
HIGHEST RETURNS
DIVIDENDS
Az
RATE
pIvipeNDs PAYABLE MARCH, JUME, SEPT. DEC.
PEACHTREE FEDERAL SAVINGS
and Loan Cluccialion
SANDY SPRINGS BRANCH
6343 ROSWELL RD, MOL
ATLANTA, GA.
pieranesy pais
R
ae
SPEESSNS eReader P. Bees
Fists ma mereer ees
FPHPH
fof
Prechiree @ Lenox Square
~ NOTICE!
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INSTANT MONEY
SHARPLY SLASH YOUR BORROWING COST
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Our open end financing plan makes possible tha... «
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CALL SEA-BOA)
COMPLETE ee —
a
PAE EE ete
aul a -
fie
z
soceee
#
Fo cane
stb
7
=
wi
frecper Bev
sees ged nutans
ig
Sistascece
eae
io
SoERe
es
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ty,
Pbbaneckia dn
Pearce
aie:
ina b oe
ai
setae
i
a
iver
ee RSE os peenid
suaee
Tere
a
z
ieee:
Si, basco
a
osek
f
aisha
SE SeaeeSe Bo
enmat ea
be
seen
SB:
For Seasoned Investors,
A Fresh Slant on. .«
AEROSPACE
INSURANCE
FOODS & BEVERAGES
Here's a session that anybody who owns these stocks
— ot wants to — shouldn't miss,
‘We're holding it on —
October 22nd and October 27th
(mame program each night!
right here in our office
storting ot 6:00 p.m. sharp
Last-minute information. from our Research ae
quarters in New. York should highlight thorough-;
analysis of the industries as a help you aun
your mind about the individual ides that make them up,
For a current rundown — plus a good chance to
ask any questions you want to — plan now on join-
ing us.
Hf you'd Tike to come, either alone or with someone
eler, simply call. and say xo — of simply mail us the
coupon below. ‘There's no charge-of course,
I would like to attend your Foram
OR Toreday evening
Thursday evening
Octobe October 27:
fe fy
MERAILL LYNCH,
PIERCE,
ELECTRIC BUILDING, ATLANTA 3
270 Peachtree Street, NE,
Telephone: 522-1313
Office open Saturday mornings for your convenience.
FENNER & SMITH ING |
SPREE NEW PETE ATREE FoeNaNHL LaH ETALE PIomErL NoPE ban Semen nity EECRAOE
“The iia tnapertin’ investment
you make
ia in the sound judgment of men."
Rebinsan, Humphry G Ce. since 1894 hos been helps
Gachilont $9 aches that parsonal: fieonesel pecker call
upon cur 70 years of experience and kroeledge Let one
of cur: Regitersd Representatives sist you if arteming
Year particular levestment ablectives
Robinson,
Humphrey & Ca,
Inreatment Securitiey Sinee 10
Member
New York Stock Exchange
American Stock Exchange
Rhodet-Heverty Building Atlante, Georgia 30707
134 Peachtree Street, ME JAcksee 1-0916