
                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: TUESDAY, July 11, 1995                   TAG: 9507110069
SECTION: BUSINESS                    PAGE: B-6   EDITION: METRO 
SOURCE: MAG POFF STAFF WRITER
DATELINE:                                 LENGTH: Short

BROKERS OPEN OFFICE

Interstate/Johnson Lane, a Charlotte, N.C.-based brokerage firm, on Monday opened an office in Roanoke. It was the second regional securities firm to announce such plans in the last three weeks.

Davenport & Co. of Richmond bought out the Roanoke office of Ferguson, Andrews & Associates on June 29, opening its first Roanoke operation.

The new Interstate/Johnson Lane office, in the First Campbell Square Building in downtown Roanoke, is headed by James Kern, who is the former chief financial officer of Ferguson, Andrews.

Two financial consultants and two sales assistants joined Kern in the new office.

N. Edward Link Jr. most recently was affiliated with Crestar Securities Corp. Harry W. ``Skip'' Hamilton III is a former vice president of Dominion Investment Banking and was an account executive with Ferguson, Andrews. Sherry Dalglish and Frances A. Reams are sales assistants.

Interstate/Johnson Lane operates 57 offices in North Carolina, South Carolina, Georgia and Virginia serving individual investors. Six additional offices provide investment services to institutional investors.

The addition of a Roanoke office represents a continued commitment to investors in Virginia, said the company's president, James H. Morgan.

Interstate/Johnson Lane is one of the largest independent broker-dealers based in the Southeast. Its principal activities are securities brokerage for institutional and individual investors, making a market for equity and fixed-income securities, investment banking and underwriting, and investment management and advisory services.

by CNB