Bankers foresee three years of substandard growth ahead
AP reports fourteen major bankers expect 1970 to begin a period of substandard growth lasting two to three years with some predicting a recession. Bank of America economists argue inflationary psychology will ease, not shift to recession, and foresee slower food price increases helping consumer inflation near 4 percent by year end.
MENTIONED IN THIS ARTICLE
Jack Lefler
NEW York (Ap
Bank of America
Wall Street
Kaiser Aluminum & Chemical Corp
Aluminum Corp. of America
Reynolds Metals Co
Kaiser
Anaconda Co
Kennecott Copper Corp
Phelps Dodge Corp
Crane Co
American Standard, Inc
Ever-Liquid Account Tests Investment Strategy
Loeb outlines an investment approach using an ever-liquid account kept in cash or equivalents until a trading opportunity appears. The method emphasizes controlled risks, short-term profits, and reinvestment in liquid form, with stops and selective concentration on strong, liquid stocks. It discusses tax considerations, market deflation, and the need to adapt as conditions change.
MENTIONED IN THIS ARTICLE
New York
Simon & Schuster
Aes Wearyiand
Merrill Lynch, Pierce, Fenner & Smith
A. Gary Shilling
Federal Reserve Board
Federal Trade Commission
Securities and Exchange Commission
Prudential promotes James W. Long to Medicare director in NC
James W. Long of Millville New Jersey is promoted to director of Medicare in North Carolina. He succeeds Donald G. Peck who moves to associate general manager in the Central Atlantic home office with Newark New Jersey and Fort Washington Pennsylvania offices. Long's prior post was manager of the medical administration division in the Tri City Millville office. He is a Rutgers graduate with long insurance claim experience. Prudential opens North Carolina office in High Point to pay doctor bills and medical expenses for about 350000 residents.
MENTIONED IN THIS ARTICLE
The
Prudential Insurance Co
James W. Long
Millville, N. J
North Carolina
Long
Donald G. Peck
Central Atlantic Home Office
Newark
N.J
Fort Washington
Compay
Tri- City
Millville
Rutgers University
Prudential
High Point
Reevelle
Cattlelack
Reeves Brothers, Inc
James R. Oa
Coated Fabrics
Reeves
Abaco Fabrics
Phillips-Davis, Inc
Rast Joins U S Equipment Sales Staff
Gene Rast has joined the sales staff of U S Equipment Co. He will cover the High Point Thomasville and Lexington areas. Rast and his wife Cathi recently moved to High Point from New York City.
MENTIONED IN THIS ARTICLE
Gene Rast
U. S. Equipment Co
Rast
High Point
Thomasville
Lexington
Cathi
His Wife
New York City
Guilford Firefighters Log 156 March Calls Countywide
Guilford County volunteer firemen answered 156 fire calls in March. Officials reported 74 grass or trash fires, three mobile home blazes, 10 dwelling fires, and seven at nonresidential facilities including businesses.
MENTIONED IN THIS ARTICLE
Greensboro
Guilford County
Careers in Collections Ad Nayside from Dan Cruth
Ideal Personnel promotes a career in collection agencies noting rapid field growth. It urges pleasant yet firm personalities and math aptitude, with telephone calls and automated billing as methods. No college degree required, counselors offer professional service at 115 Arcade Building, contact 885-5176, open 9 to 5 daily.
Walker Co. names Robert W. White assistant vice president
Robert W. White of Asheboro has been elected assistant vice president of B. B. Walker Shoe Co. He was born in Sanford and educated in Oxford. White's career includes roles at North Carolina Theatres Inc and leadership of Walker Co. advertising and public relations efforts.
MENTIONED IN THIS ARTICLE
B. B. Walker Shoe Co
Asheboro
Robert W. White
White
Sanford
Oxford
The
North Carolina Theatres, Inc
Burlington
Fayetteville
High Point
Columbia, C
B. B. Walker
Walker Co
Bittner Named President of NC Factory Outlet Stores
The board of directors of Factory Outlet Shoe Stores of North Carolina, Inc. and its Asheboro affiliate elected A. R. Bittner president. B. B. Walker, chairman, says 15 self service stores operate in locations across Asheboro Siler City Randleman Granite Quarry Mount Olive Clinton Cary Raleigh Lexington Dunn Greensboro Garner Kingsport Tenn Somerset Pa and Fredericksburg Va. Bittner will oversee general management and growth of store locations.
MENTIONED IN THIS ARTICLE
Factory Outlet Shoe Stores of
North Carolina
Asheboro
Siler City
Randleman
Granite Quarry
Mount Olive
Clinton
Cary
Raleigh
Lexington, Dunn
Greensboro
Garner
Kingsport
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Loeb
Associated Press
NASD
Aerotron mM
Atlanta
Rigadier
Ind
Birber Greene OV
Bassett Furniture
Ranch Bank of N
Buckbee Mears
Caro Stores
CMC Finance
Carolina Casualty Ins
Carolina Freight Carriers
Carolina Pwr
Caroling Wholesale Flo
Carolina Bank
Central Vermont
Chatham Mfg Co
Cochrane Furniture
Colonial Stores
Eener Ner Homes
Brown
Ameron Brown Com
Rham Life
Cherds
Varmers New World
3 Corp
Ational Bancorp
Ranklin Brooks Bros
Mms 5Va Sys Com Furniture A
National Dey Corp
Cs National Old Line
Nationwide Homes
American Life
Ncnb Corp
N.C. Natural Gas
Northwestern Financial
WM Pack Occidential Life
Peoples Natural Gas
Peoples Bank & Trust
Piedmont Aviation
Phillips Fescue
Planters
Bk. & Tr. Quality Mills
Debs
Reid Provident Labs
Roses
Ruddick
A National Corp
Trans Gas
Balcan
Wachovia Realty
Washington Mills
Walker
W. Lion Hall
Western Carolina
Wix
Wrightinery
Ray Hubbard
National Society of Public Accountants
Treasury
Internal Revenue Service
IRS
Raynell Coleman
Ideal Personnel, Inc
Lane
Jelfergon
Niandard
Single X Reproductions, Inc
E. Westwood
Professional Life Insurance Service
Hayden Place
Geo. P. Clark
C.L.U
Lyon
C.lu
Dan Cruth
Kearns
Tent & Awning CO
Linden St
West High St
Bittner
Raicucpet
Ead
Robert McCuiston
C.L.A
South Main Street
Integon
Holiday Inn
High Point, N.C
Hayden O. Kepley, Jr
Winston- Salem
NEW York Stock Exchange
Wachovia Bldg
Winston-Salem
N. C