Big Corporations Report Record First Quarter Profits
Debora Rankin reports that major firms including IBM GE RCA and JP Morgan posted record Q1 profits as the economy signs a brief easing while inflation remains a concern and lawmakers push price controls. Retail sales rose 16 percent from 1972 and 2 percent from February.
MENTIONED IN THIS ARTICLE
Deborah M. Rankin
New York
Congress
Nixon
U.S
First National City Bank
Citibank
Stock Quotations From The Associated Press Summary
Quotations from the National Association of Securities Dealers are representative interdealer prices as of around 3 30 p m daily. Prices exclude retail mark up, markdown or commission.
MENTIONED IN THIS ARTICLE
National Association of Securities Dealers
Fifth District Banks See Loan Growth and Deposits Rise
A weekly Federal Reserve survey shows gross loans at 27 major Fifth District banks climbed by 421.4 million to 13.44 billion in the week ending April 4, with demand deposits up 427.1 million and nonfinancial loans up 82.3 million led by commercial and industrial lending.
MENTIONED IN THIS ARTICLE
Federal Reserve Bank of Richmond
Fifth
Federal Reserve District
Trade Winds Uncertainty Over Mart
Market analysts expect a spring rally but warn pessimists ignore strong corporate profits and broad business health. Managers of private investment funds doubt long term equity bets amid inflation fear, Phase 3 uncertainty, antitrust issues, stock exchange futures, ITT disputes, and Senate subcommittee probes.
MENTIONED IN THIS ARTICLE
New York
Congress
White House
ITT
Senate
Treasury
George Shultz
Nixon
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International Business Machines Corp
General Electric
RCA
J.P. Morgan & Co
Dupont
International Telephone & Telegraph Corp
House
Environmental Protection Agency
EPA
Detroit
Equity Funding Corp
Wall Street
Salomon Brothers
Boston Co
Salomon
Boston
Equity
THE
Associated Press
Lowe's Companies
Mack's
Multimedia
Ncnb Corp
Ncnatural Gas
Laid, Inc
Northwest Fin Corp
Aerotron
American Furniture
Atlantic
Pepsi Cola
Occidental Life Ins
Gira Ma
Oakwood Homes
N.C
Bank of Granite
Bankers Trust Af SC
Bassett Furniture
Peoples Bank of Rocky Mt
Bill Allen Com
Phillips Fescue
Piedmont Aviation
Bluefield Supply
Piedmont
None & Trust
Planter Bank Rocky Mt
Branch Bank
Provident Financial Brenner Inds
Ava
Public Service of NC
Burkyarns
Quality Millisons
Burnup & Sims
Rahal
Burris Inds
Redfern Foods
Ava Cmc Finance
Reid-Provident Labs
Cameron Brown Wis
Rex Plastics
Cameron Financial
Rose's Stores
Cannon Mills
Carolanda Com
Royal Scotsman
Carolanda Wis. Va
Safeguard Auto
Salem Carpet
Carmine Foods
Sam Soloman
Carolina Caribbean
Savannah Foods
Carolina Cas
Sea Pines
Carolina P&l
Security Finance Corp
Carp. State Bank
Shoneys Big Boy
Carolina Steel
Sonoco Products
Carolina Pise Flo
Sc. National Corp
Cartridge TV Sa
Southern National Corp
Caro Corp
Southern National
Central Carp. Bank
Central Vermont
Spartan Food Systems
Whiz
Sugardale Foods
Champion
Super Dollar
Charter Bankshares Com
Synercon Corp
Charter Bankshares
Televent Leasing
Charter Co. Pfd Textiles, Inc
Chatham Mfg
Thalhimer Bros
C&s Corp
Coca-Cola Co
Consol
Als
Cochrane Furniture
Colonial Life
Tri-South Mort
I Colonial Stores
Triangle Brick
Turner Communications
Bank Greensporo
A .Unift Inc
Conner Homes
United Carp. Bancshares
Context Vermont American
Daniel Internat. Com
Virginia International
Diamondhead Corp
Virginia Savshares
Paso Electric
B. Walker Shoe
Environmental Control
Equitable Leasing Washington Group
Farmers New World Life Wellington Hall
Fidelity Corp
First Mart
FNB
Catawba
Franklin Life Ins
Garfinckle Brooks
Guardian Corp
Harrelson
Ruth Heilig Meyers
Henredon Furniture
Hickory Furniture Home Security Life Hoover Co
Hughes Supply Huntley of
York
Integoa Corp
Ins
Wits Investors
Ins Investment Life & Tr
J.B. Ivey Jacks Food
Kenan Transport
Lance Inc
Knape & Vogt
Mig
Roger Properties
Lane Companies
Liberty Bank & Trust
A Life Assurance of Care
iLittle Mint
Jim Melvin
Greensboro
Ray Hubbard
Coliseum Complex
Piedmont and Winston- Salem
National Association of Accountants
Administrative Management Society
North Carolina National Bank
College of Business
Appalachian State University
Appalachian
Frank Sorrell
NCNB
Morganton
Hickory
Marion
Spruce Pine
Boone
Banner Elk
Sorrell
High Point
Duke University
Charlotte Metropolitan Area
Western Area
Mo-Fin Plastics
Donald L. Johnson
Johnson
Mo-Fin
Southern Plastics Engineering Co
Nancy
Elon College
J. W. Ellington
Cook St
Woodmen of the World Life Insurance Society
North Carolina
DOW Jones
Wachovia
Southeast
Wachovia Bank & Trust
Robert McCuiston
C.la
Timothy R. Yates
Zintegon
Hamilton St
National Employment Association
NEA
Dunhill OF High Point, Inc
Snelling & Snelling OF
United States
Canada
Pete” Schultheiss
Metropolitan
Pete Schultheiss
S. Wrenn St. High Point
George P. Clark, C.L.A
Curt Ae Eee
Income & Capital Associates, Inc. Capital Creation, Accumulation & Management
Corporate Benefits Planning Company
Physicians Planning Service Corporation
Hew England Mutual Fe Insurance Company