Economy grows 14.9 percent in first quarter
Commerce Department reports GNP at a seasonally adjusted annual rate of 1.235 trillion, up 40.6 billion from January through March. Inflation at 6 percent. Real output up 7.9 percent from first quarter, 8 percent previous quarter. Equity Funding case drags on solvency hints. Dow ends week slightly higher at 963.20 amid mixed earnings and inflation concerns.
MENTIONED IN THIS ARTICLE
Kay Gartlett
P Business Wester New, York
Commerce Department
Equity Funding Cor. ‘of America
Robert M. Loeffler
Butz and Talmadge clash over federal farm subsidies
In Washington, Agriculture Secretary Earl L. Butz and Senator Herman Talmadge spar over the 1970 Agricultural Act and the role of income supplements. Butz backs phasing out direct payments, while Talmadge argues elimination would devastate rural economies and stresses ongoing income protection and credit.
MENTIONED IN THIS ARTICLE
Washington
Herman Talmadge
Dga
Senate Culture Committee
Agriculture
Earl L. Butz
Butz
White House
Talmadge
Congress
Agriculture Department
Newspaper
Farm Editors of America
Senate
Nixon
U.S
Israeli Premier criticizes foreign traits in wear and taste
In Jerusalem AP reports Prime Minister Golda Meir criticizes Israelis for a carte blanche attitude to imports. She cites admiration for foreign theater, songs, clothing and notes friends adopting longer sideburns and Paris fashion of shorter skirts as influence.
MENTIONED IN THIS ARTICLE
Jerusalem
Golda Meir
Guard Officer Killed In Fire In Pelican Alaska
Coast Guard Cmdr Dalton Beasley, from Kitty Hawk North Carolina, died in a frame home fire in Pelican 75 miles west of Juneau while on an inspection trip. Beasley was chief of the 17th District inspection staff based in Juneau.
MENTIONED IN THIS ARTICLE
Pelican
Alaska
Coast Guard
Kitty Hawk
N.C
Juneau
Dalton Beasley
17Th District
Market closes mixed as Good Friday holiday shortens week
Market results show a mixed closing for stock indicators after a shortened week. The AP average of 60 stocks finished Thursday at 313.8, down 0.4 from the prior Friday’s 314.2, while the Dow Jones average of 30 industrials ended at 963.20, up 3.84 from the prior Friday’s 959.36.
MENTIONED IN THIS ARTICLE
Nixon
Committee
R. J. Reynolds
Polaroid
International Nickel
American Telephone & Telegraph
Chrysler Corp
Dow Jones
Philadelphia Buys Sludge From Milwaukee
Philadelphia purchases Milwaukee sewage sludge amid ongoing municipal waste disposal concerns. The brief note cites a city contract and logistics, naming Philadelphia as buyer and Milwaukee as supplier in a regional waste exchange.
MENTIONED IN THIS ARTICLE
Philadelphia
Milwaukee
Duillsville
Milwaukee’s
Wachovia promotes John Holderfield in High Point
John Holderfield, elected assistant vice president of Wachovia Bank and Trust Co N A in High Point, joined Wachovia in 1970 in Winston-Salem and rose from assistant trust officer in 1971 to trust officer in 1972. A Jackson Miss native, he earned a BS from Millsaps College in 1963 and an MBA from the University of Florida in 1970.
MENTIONED IN THIS ARTICLE
John Holderfield
Wachovia Bank and Trust Company
N.A
High Point
Holderfield
Wachovia
Winston-Salem
Jackson, Miss
Millsaps College
University of Florida
First Presbyterian Church
Chamber of Commerce
Debits Rise Across North Carolina Major SMSAs in March
Federal Reserve Bank of Richmond reports March bank debits up across North Carolina major reporting areas. Raleigh SMSA climbs 34 percent to 2.219 billion, Greensboro-Winston-Salem-High Point 25 percent to 3.768 billion, Charlotte 17 percent to 3.307 billion, Gastonia and Wilmington each about 14 percent, Asheville 11 percent, and Durham 7 percent. Additional gains seen in Hickory 18 percent, Kinston 16 percent, Wilson 9 percent.
MENTIONED IN THIS ARTICLE
Richmond
North Carolina
Federal Reserve Bank of
Ralegh Standard
Greensboro
Winston-Salem High Point
SMSA
Charlotte
Gastonia
Wilmington
Smsas
Asheville
Durham
Hickory
Kinston
Wilson
Betty Robbins Joins Johnson-Dixon Realtors Sales Staff
Betty Robbins joined the Johnson-Dixon Inc Realtors sales staff. A Young Harris College and Georgia Southern College alumna, she completed real estate training at Davidson County Community College and Guilford Technical Institute and resides in the Huntsford Hill area of Thomasville.
MENTIONED IN THIS ARTICLE
Betty Robbins
Johnson-Dixon, Inc. Realtors
Miss Robbins
Young Harris Junior College
Young Harris
Georgia Southern College
Statesboro
Davidson County Community “College
Guilaford Technical Institute
Huntsford Hill
Thomasville
Lane Company to Expand Altavista Warehouse Facility
The Lane Company Inc plans to add 87,000 square feet to its Altavista warehouse and shipping facility. The five story building will include five rail loading stations six truck docks and two auxiliary docks for incoming shipments. Construction to begin immediately with completion aimed for early 1974.
MENTIONED IN THIS ARTICLE
The
Lane Company, Inc
Altavista
N.C. Monroe Construction Co. of
Greensboro
B. B. Lane
Understand ing the Stock Market course begins April 17
The E. F. Hutton Corp. will host a stock market course at the Holiday Inn with sponsor Bulk-Beck Company. Instructor John B. Koontz, a stock broker, will lead the three week program starting April 17, meeting Tuesdays and Wednesdays at 7:30 p.m. for ninety minutes. Enrollment is limited to 50, and the course is free. Subjects include stock market basics and market understanding.
MENTIONED IN THIS ARTICLE
E. F. Hutton Corp
Holiday Inn
Bulk-Beck Company
John B. Koontz
Also Mentioned on This Page
Equity
Butz, Talmadge
Capitol Hill
Nixon Farm
FEA
Asy
Aetna Business Credit, Inc
N. Hamilton St
High Poin
Ray Hubbard
Telecake
Sweet Shop, Inc
James R. Sloop
Luther M. Garner
Liberty Life Insurance Co
Greenville
S.C
Liberty Life
You
Listener
P&l
Robert McCuiston
C.L.A
Timothy R. Yates
S. Mamilton St
South Main St
Chrysler
Plymouth
Jeep
Fiat
Maloue
Cbediz
Mayflower
Granville Moving
Ani
S. Hamil
Fred P. Newby
Steve Foster
Craig Newby
Mgr
C.L.U
Chartered Life Underwriter
American College of Life Underwriters
C.L.U. Key
C.A.U
SOCIETY OF _ CHARTERED LIFE UNDERWRITERS
Paul Owen Clu
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