Growth of Investment Clubs Surges as Economy Recovers
In New York, rising interest in stock investment clubs follows a market rebound. Clubs, usually about 12 members, pool small monthly sums to buy shares, diversify, and share research. Many outperformed pros over 14 to 15 months ending December 1974, boosting membership toward 7000. The National Association of Investment Clubs notes inquiries rise, while some clubs provide risk protection and member benefits.
MENTIONED IN THIS ARTICLE
New York
Thomas Q Hara
National Association of Investment Clubs
New York Stock Exchange
Merrill Lynch
O Hara
National Association
Hara
Better Investing
Aso
Eleven Mile Road Oval
Dress Codes Relaxed By Many Firms In North America
A Dartnell Institute study finds about 98 percent of American and Canadian companies accept sport coats for daily wear and 80 percent deem a leisure suit acceptable in business. Neck ties are not required for most workers though conservative banks and government offices still cling to ties. Most firms in large cities like San Francisco and Long Beach have shifted to sport coats and casual attire.
Tobacco Exports Key to North Carolina Farmers
North Carolina farms depend on exports with tobacco leading the way. Tobacco accounted for about 460 million dollars, or 60 percent of the state's agricultural exports in fiscal 1975, while total exports reached an estimated 765 million in 1974-75.
MENTIONED IN THIS ARTICLE
Hill Humphries
Ncsl News
Raleigh
North Carolina
Charles H. Pugh
North Carolina State University
Pugh
North Carolinas
Lrade Pugh
Molion
Durham
Greensboro
Reidsville
Winston Salem
Kansas
Texas
California
Minnesota
Nebraska
Indiana
Arkansas
US Department of Agriculture
United States
Usda 5 Economic Research Service
Salle E Breedlove
Louisa E Stanton
Bond Market Strength Lifts Treasury Financing Outlook
New York bond prices firm as market sees Treasury reliance on coupon issues to fund a 1976 calendar year deficit of 67 billion plus 10 billion for off budget agencies. Total coupon obligations of 49 billion expected. weekly bill needs projected at 15 billion, down from 30 billion in 1975. Kaufman of Salomon Brothers notes longer maturities and legislation expanding coupon notes, with rates likely to rise modestly in Q2 and Q3 and policy easing unlikely before after the November elections.
MENTIONED IN THIS ARTICLE
New York
Henry Kaufman
Salomon Bros
US Treasury
Treasury
Federal Financing Bank
Export-Import Bank
The
Postal Service
Treasurys
Kaufman
Independent businessman records ad claims tax system advantages
An advertisement promotes a compact taxkeeping system for independent businessmen. It touts complete records in one system and compliance with federal and state income tax laws. Includes a contact number for financial consulting services.
MENTIONED IN THIS ARTICLE
Whiteh Il
Business Notes Include Executives Appointments And Banking Data
Phillips-Davis names W Buzz Cayton as vice president and national sales manager after 13 years with the firm. Wayne Brower joins Conrad Realtors as sales and marketing lead. ASSE meeting set April 27 at Howard Johnson Greensboro with speaker HR Bronson. Robert A McCuiston to MDRT Million Dollar Round Table. Federal Reserve survey shows Fifth District banks report lower gross loans in week ending April 14, with deposits and investments shifting.
MENTIONED IN THIS ARTICLE
Phillips-Davis, Inc
Buzz) Cayton
Federal Reserve Bank of Richmond
Federal Reserve District
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Aysa
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Lowe $S
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Aaa
Ee Asonu
Asa
RIC Corp Ma
Angarouny Poe
Rex Plass
Salem Carpet
Speier An Corp
Wis Corp
Howard Stutts
Larry Forrester
William Bell
Motor Trend Magazine
Siderton Dodge
Main
High Point
Cayton
Phillips-Davis
Mid-Western
Winnetka, Ill
Washington
Dayton
University of North Carolina
Chris
Wayne Brower
Conrad Realtors
Brower
Trinity High School
Davidson Community College and
Real Estate Education Inc
American Society of Safety Engineers
Howard Johnson Motor Inn
I-40
High Point Road
Bronson Asse Region IX
Utica Mutual
Surance
Robert A McCuiston
Tategon Life Insurance Co
MDRT
W.L
Clayton
Robert A. McCarston, C.L.A
Millon Dollar Round Table
International Association of Life Insurance Agents
Quintegon
Hamilton ST
Europe
Eres
Caravan
Russia
Balkans
Scandinavia
Morocco
Ged World Travel Agency
Carolina Motor Club
North Main St
Chiles NS Stephenso
Smart People
Eddie Knox
Fleet Lease Manager
North Main