Federal Reserve independence challenged by Johnson policies
Banks warn the Fed may bow to political aims as discount rates fall to 4 percent. The shift, led by new chair William McC. Martin, signals easier money benefiting big borrowers while workers face higher loan costs and rising inflation. Industry sees steel price moves and trucking rates as precursors to broader price gains and tighter government action.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve System
FRB
William McC. Martin
Martin
Johnson
Johnson Administration
FEC
Federal Reserve
Kennedy
Interstate Commerce Commission
Shareowner Shift Shapes New York Exchange Future
A shift of shareowner population toward the interior may push the New York Stock Exchange to consider regional trading floors. Officials acknowledge the idea but cite complications including clock alignment and differing eastern and western work habits.
MENTIONED IN THIS ARTICLE
New York
Philadelphia
New York Stock Exchange
Resenes
Pacific
Hawaii
Flow of rosy Washington economic reports cools mood
Washington released a string of upbeat economic updates amid a sluggish first quarter. Ackley warned the second quarter would stay slow before a later demand recovery, with talk of a potential tax move and a 6 percent surcharge kept alive for corporate and personal taxes.
MENTIONED IN THIS ARTICLE
Sally Ryan
New York
Washington
White House
Gardner Ackley
Johnson
Ackley
Heller
Commerce Department
McGraw-Hill Inc
Dentists Named For Roles In North Carolina Clinic Program
Three High Point dentists are selected for roles on the 11th annual session program. Dr Charles W Horton and Dr L P Megginson Jr will be delegates and a Third Dis a member of the Clinic Committee.
MENTIONED IN THIS ARTICLE
High Point
N. C. Or
Charles W. Horton
L. P. Megginson Jr
House
Elegates
Disa
Piedmont Natural Gas calls 1966 its best year yet
Piedmont Natural Gas Co reports 1966 earnings per share of 1.32, a 25 percent rise from 1965, with dividends declared on preferred and common stock. President Buell G. Duncan attributes the record to favorable heating weather and growing sales to new customers.
MENTIONED IN THIS ARTICLE
McDonnel Co
Douglas Aircraft
McDonnell-Douglas Corp
Seven Arts Productions
Warners Bros. Pictures
Indian Head Inc
Obear - Nester Glass Co
Eaulion
Piedmont Natural Gas Co
Buell G. Duncan
Duncan
Piedmont Aviaotividend
T. H. Davis
Piedmont Aviation, Inc
Davis
Arwood Corp
William C. Sweeny
Bob L. Parrish
Pilot Life Insurance Co
Also Mentioned on This Page
Lou Schneider
North American Newspaper Alliance
White Motor Corp
Hornblower & Weeks, Hemphill Noyes
W. Friendly Ave
Greensboro
Geo
G. Jones
Mgr
Charles E. Diffendal
Rosy
Chevway National Leasing and Rental System
Transco Lyles
Chevrolet Co., Inc
N. Main St
Chevrolet Dealers
Ray Hubbard
Piedmont
Evenue
McDonald's
McDonald’s Corp
J. Sturgis May & CO
North Carolina Bank
Lane
Professional Life Insurance Service
Geo. P. Clark Eds
Lyon
Mutual Life Insurance
America
New England
Robert A. McCliston
Accident & Health
First Mortgage
High Point Bank
John Diffendal
The
Travelers
Hartford
Conn
Piedmont Insurance
North Wrenn St
John W. Herndon Agency
General Insurance
North Main Street
High Point, N. C
John W. Herndon
N.C
Mac
Victor
Ford
Jay Wood
RSCP
English Motor Co
East Teer
BR Ete
George W. W. Gillie Vice
Allen B
Welborn
Soc Au
Ter Me Uu
Tae Ec
Teday
First Union National Bank
Cicre
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!