Commission Crackdown Targets Large Profit Margins
The Price Commission ordered two firms Browning-Ferris Industries of Houston and Harvest Markets of Buffalo to roll back prices within 10 days and report monthly profit margins amid findings that up to 20 percent of major firms earned excess margins. The Journal of Commerce flagged potential refunds to consumers for firms with overlimit margins. Also notes strong first quarter earnings from United Aircraft IBM Polaroid Westinghouse and others as retail sales rose 2.5 percent in March and inventories climbed.
MENTIONED IN THIS ARTICLE
New York
the Price Commission
Cost of Living Council
Donald Rumsfeld
Browning-Ferris Industries, Inc
Houston
Harvest Markets Inc
Buffalo, N.Y
The
Price Commission
Journal of Commerce
United Aircraft
IBM
Polaroid
Westinghouse Electric
North American Rockwell
DuPont
Honeywell
Walt Disney Productions
RCA
CBS
International
Commerce Department
Department
Wachovia Bank Names New Assistant VPs and Officers
Wachovia Bank and Trust Co announces elections of John F. Stunda and Larry W. Brown as assistant vice presidents and Wilson H. Browning and W Steven Owen as banking officers. Announcement by J Roscoe Adams highlights Stunda Brown Browning and Owen career histories and ties to High Point and surrounding communities.
MENTIONED IN THIS ARTICLE
John F. Stunda
Larry W. Brown
Wilson H. Browning
W. Steven Owen
Wachovia Bank and Trust Co
J. Roscoe Adams
High Point
Wachovia
Reserve Life appoints Carl Woody Mt Airy district manager
Ray Hubbard reports Carl Woody to lead Reserve Life Insurance Mt Airy office effective April 15, after serving as assistant district manager in High Point since August 1971 from Indiana. He will join advanced training in Dallas this week for hiring and training merit.
MENTIONED IN THIS ARTICLE
W. C. Suggs
High Point
Reserve Life Insurance Company
Carl Woody
Reserve
Mt. Airy
Woody
Iniana
Suggs
Dallas
Tex
Piedmont
Reserve Life
Robert S. McManus
High Point Office of
Manpower, Inc
McManus
Pageland
S. C
U. S. Marine Corps
Fire Department
Davidson County Community College
Sarah Catherine Phillips
Mullins
Denny St
Stock Quotes Over-The-Counter Listings
The Associated Press notes quotations from the NASD reflect over-the-counter stock activity with no added retail markup or commission. The report outlines bid and ask spreads and price movements across listed OTC securities.
Market Up as Shares Rally on Strong Profit Reports
The Associated Press average of 60 stocks closed Friday at 345.0, up .5 from the prior week, while the Dow Jones 30 rose to 967.72, up 5.12 for the week. Analysts cite encouraging first quarter corporate profit reports as the main driver.
MENTIONED IN THIS ARTICLE
Associated Press
Dow Jones
Insurance Official Honored for 30 Years of Service
James A. Hines, a local representative for Southern Life Insurance Co with Greensboro home offices, was recognized by company president W L Carter Jr for 30 years of service with a service pin and certificate.
MENTIONED IN THIS ARTICLE
James A. Hines
Southern Life Insurance Company
Greensboro
W. L. Carter Jr
Farm Credit Rules Set To Expand Land Bank Loans
Washington AP reports rules for federal land banks and the Farm Credit Act of 1971 aim to be adopted nationwide by May 18. The overhaul, described as a 75 percent rewrite, increases loan-to-value from 65 to 85 percent and allows loans for nonfarm homes in rural areas and small farm related businesses. Jaenke asserts the system will remain a core 25 percent of U.S. agricultural credit with continued support from farmer owned institutions.
MENTIONED IN THIS ARTICLE
Washington
E. A. Jaenke
Administration
Jaenke
Federal Land Banks
Federal Land Bank
U.S
IMC Planning Profit Course At YMCA In High Point
IMC plans a spring course titled Profit Improvement led by Guy Kinney of Silver Knit Industries. Five sessions run 7 to 9 PM at the YMCA on April 20 25 27 May 2 4 with experts including Tom Stephenson Roger Redman Jack Rives Jim Anthony and Kinney presenting topics on profit enhancement through training productivity and cost reduction.
MENTIONED IN THIS ARTICLE
High Point International Management
Guy Kinney
Silver Knit Industries
YMCA
Tom Stephenson
North Carolina State University Industrial Extension Service
Roger Redman
Founders Furniture Co
Greensboro
Retr
Jack Rives
Diversified Southern Industrial Division
Ominco
Jim Anthony
Duplan Corp
Winston- Salem
Kinney
Greensboro native joins Perpetual Saving as loan officer
Douglass Edward Rhudy of Greensboro has become a loan officer at Perpetual Saving and Loan Association. The appointment was announced by A. Scott Parker Jr., the association president. Rhudy is an UNC Greensboro graduate with a BS in business administration and economics and previously completed active duty with the North Carolina National Guard.
MENTIONED IN THIS ARTICLE
Marvin Loper
Babcock Graduate School of Management
Wake Forest University
Piedmont
National Association of Accountants
Lopez
University of New Mexico
California State College
San Diego
Graduate School of Business Administration
University of California
Los Angeles
Loper
Southern California Edison Company
U. S. Navy
USS Pickway
Elks Club
Douglass Edward Rhudy
Greensboro
Perpetual Saving and Loan Association
A. Scott Parker Jr
Rhudy
University of North Carolina At Greensboro
Perpetual
North Carolina National Guard
Four local garages earn Master Mechanic honor in IGONC program
Four independent garage owners receive the Master Mechanic Classification in the Certified Automotive Technician Program of the Independent Garage Owners of North Carolina. The honorees are Charles and Jim Willett of Willett Tire and Auto Service Alvin Lee Cope's Garage and yd Underwood Sr. of Underwood Alignment. The IGONC program is open to all automotive repair workers.
MENTIONED IN THIS ARTICLE
Independent Garage Owners of
North Carolina
IGONC
Charles and
Jim Willett
Willet Tire and Auto Service
Alvin Lee Cope
Yd Underwood Sr
Underwood
After Work Plans Prompt Listener for Destination
A speaker advises sharing post work plans with a Listener to receive guidance on how to reach a destination. The guidance aims to prevent ending up with a hammock and no trees and to help plan where to go after finishing duties.
Also Mentioned on This Page
Commission
Civil Aeronautics Board
Kresge Foundation
S. S. Kresge Co
Ford Foundation
Ford Motor Co
Kresge
Ford
Uniroyal Inc
Goodyear Tire & Rubber Co
Firestone Tire & Rubber Co
B. F. Goodrich Co
General Tire & Rubber Co
Lake Michigan
Lake Superior
Diamond Shamrock
Picklands Mather
Great Lakes Coal
C. Reiss Coal
Hometown Inc
Youghiogheny & Ohio Coal
Stunda
Monessen
UNCCH
High Point Jaycees
Furnitureland Rotary Club
Archdale-Trinity
Brown
West End
High Point College
Army Reserve
Browning
Oak Ridge
Appalachian State University
High Point United Fund
Owen
Jamestown
Jamestown Jaycees
Ray Hubbard
G. Dee Willis
University of North Carolina At Gree
North Carolina Association of Certified Public Accountants
Tully Miller
Internal Revenue Service
Lacy G. Baynes
C.P.A
Cone Mills Corporation
Thomas R Woodard
A.M. Pullen & Company
Ramada Inn
Atlanta Gas Light
Bnk of
Carmine Foods
Carolina Casins
Carolina P&l
PFC Central Carcoe Central Vermont
Hae
Chatham Mig Co Colonial Sors
Conner Homes
Equitable Leasing i
Gardinckel Brooks Brs
Georgia
Joslyn Kewaunee Scientific
VOM Knape & Vogt Mig
Sugardale Foods
Tri South
United Carolina Bris
First Provident
Herrelson
JFMAM
Johnson
Realtors
Church Avenue
N.C
IMC
W. High St
George P. Clark
C.S.A
Hayden Place
Butler Aviation
Ed Lyon, Jr
C.la
Recom
Nat. Bank
Juanita
Sam” Henderson
English RD
Corner Elm St
Robert McCuiston
C.L.A
South Main Street
H & R Block
We Are
Imam Waa Ct
Gow
Ieee Ce
TMU
Ea Elle
H&r
SPM
N. Main ST
E. Green ST
English ST
S. Main ST
Thomasville
E. Main ST
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!