Money Market Eases and Boosts Growth Prospects
The Federal Reserve cut the discount rate to 4 percent, easing access to credit for business expansion. Banking and market rates shift lower, while Treasury yields dip under 4 percent, signaling improving liquidity amid labor disputes and industry pressures.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve Board
Treasury
American Federation of Television and Radio Artists
NBC
CBS
ABC
David Brinkley
Johnny Carson
Hugh Downs
John Daly
Betty Furness
Trade Winds on tax credit and industrial demand in 1967
Lenders warn that restored 7 per cent business expansion tax credit will not lift cap ital outlays due to idle capacity. Industrial production remains weak with new durable goods orders at multi‑year lows and backlogs shrinking. Bankers forecast a readjustment with limited profits and no immediate recession, but slower growth in 1967.
MENTIONED IN THIS ARTICLE
New York
Aqueduct Race Track
Federal Reserve Bank of New York
Johnson
Federal Reserve Board
Bankers Trust of
Power Industry Nuclear Energy Causes Changes
New York reports nuclear energy reshapes the U.S. power sector as 30 large atomic plants are planned or under construction. Officials note reactors now deliver satisfactory performance, with cities near coal plants weighing safety and efficiency against expanding capacity and emissions.
MENTIONED IN THIS ARTICLE
New York
Stock Quotes From NASD Interdealer Prices
Quotations from the NASD reflect representative inter-dealer prices around 7 p.m. Thursday. Markets change throughout the day and prices exclude retail markups and commissions.
Southern Life Insurance reports 1966 growth strong
Greensboro based Southern Life Insurance Co reports 1966 progress with life in force rising by 92.8 million to 490.5 million and assets totaling 49.7 million. The gains come as reserves reach 41.4 million and payments to policyowners total 33.1 million. Robert A. McCuiston Jr. of Security Life and Trust Co earns All Star Honor Roll nomination.
MENTIONED IN THIS ARTICLE
Southern Life Insurance Co
Greensboro
W. L. Carter Jr
Southern Life
Carter
Robert A. McCuiston Jr
Security Life and Trust Co
Local resident Cedric earns two billion dollar club status
Native of High Point and now in advanced life and business training. Cedric, member of the Presidents Club and Honor Sales Club, recently qualified for the TWO BILLION DOLLAR CLUB and will attend the annual convention at the Diplomat Hotel in Hollywood Florida in May. Liberty Life Insurance Co. 164 S. Main Call 882-2425.
MENTIONED IN THIS ARTICLE
High Point
Cedric
Presidents Club
Honor Sales Club
Diplomat
Hollywood
Fla
Professional Life Insurance Service Planning Ahead
A local agency promotes long term security through life insurance planning. Advisors encourage evaluating needs now to secure financial protection for families and businesses in coming years.
MENTIONED IN THIS ARTICLE
Professional Life Insurance Service
Also Mentioned on This Page
Lou Schneider
Ity
Tennessee Valley
Avute
Alabama
Allen B
George W. Gillie
Chevway National Leasing and Rental System
Transco, Inc
N. Main St
Chevrolet Dealers
Hornblower & Weeks
Hemphill Noyes
New York Stock Exchange
W. Friendly Ave
Geo. G. Jones
Mgr
Charles E. Diffendal
THE
Associated Press
Ray Hubbard
Itie
Burlington Throwing Co
Thomasville
Jamestown
YWCA
Stribling
Bill
Betsy York King
Fashion Two Twenty Cosmetic Co
Penny Rd
Charles S. Stribling
Execut
Aerotronal Alley Peps
Ava American & Efird
American Fidelity
American
Atlanta Gas Lam
Barber
Bassett Furniture
Blue Bell, Inc
Brush
Bowater P
C.M.C. Finance
Carolinas Casualty Ins
Carolina Freight Carriers
Irolina Natural Gas
Carolinas Cital Central Ag
Ina Bank
Nm Central V
Colonial Life & Accid
Colonial Stores
Pet
Commonwealth Life
Consolidated Credit
Eastern Utilities
Eckerd Drugs iPlasticy New World
Bankers
iFirst Union Nat. Fox Stan
Franklin
Franklin Patem
Georgia International
Gulf
Hardees
Hatteras Yacht
Henredond
Piedmont Natural Gas
Pierce Public Service of
N.C
Interstate
Accid
Rockwell Mfg. Inv. Syn. of Ltd .Lite
Security
En Steel
Life & Trust
Kentucky Central
Liberty Life
Liberty Life Insurance CO
S. Main
Cedric Suggs
Robert A. McCliston
Accident & Health
Lans
High Point Bank
Sturgis May & CO. Stocks & Bonds
North Carolina Bank
Stellarson Tandard
Crown
Mutual Life Insurance
America
New England Life
Hayden Place
Lyon
Life Insurance
Group Insurance
Pension
First Union National Bank Cre
John W. Herndon Agency
General Insurance
North Main Street
High Point, N. C
John W. Herndon
Ford
Jay Wood
High Point Leasing Co., Inc
English Motor Co
Va Ce
Bae Ee
Lane
John Diffendal
Piedmont Insurance
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