Private Enterprise Subsidized To Tune Of $30 Billion Annually
A report notes private enterprise in America receives about 30 billion dollars yearly in government subsidies and subsidy-like aid. The AP study cites uncertainty over exact totals, with estimates ranging from 28 to 38 billion dollars and little public detail on programs.
MENTIONED IN THIS ARTICLE
High Point Enterprise
Gaylord Shaw
Associated Press
Washington
America
Donney Brook
Lockheed Aircraft Corp
Economic outlook bleaker amid rail strike and deficits
Washington data show a near record 23.2 billion dollar deficit for the year and a June leading indicators drop while a rail strike and steel negotiation threats weigh on business. Officials argue full employment would have yielded a surplus, as subsidies to private enterprise rise and accountability remains elusive.
MENTIONED IN THIS ARTICLE
New York
Washington
U.S
United Transportation Union
U.S. Steel
U.S. Steelworkers Union
Nixon
Harold C. Passer
Market Drops as AP Average Closes Down Big
The stock market suffered its steepest weekly decline of the year. The AP average of 60 issues fell 10.4 points while the Dow Jones Industrial Average dropped 29.35 points in a broad market slide.
Trade Winds Progress Sluggish Says North American Paper
The article notes sluggish but satisfactory overall economic progress with signs of growth in bank loan totals despite higher money market rates. It critiques the Nixon administration's GNP target for 1971, inflation influences, and policy decisions led by Connally Schultz and Burns, highlighting uncertainty about reaching goals and the impact on tax receipts and employment.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve Board
Treasury
John Connally
Nixon
White House
Office of Management & Budget
OMB
George Schultz
Connally
Schultz
President’s Council of Economic Advisers
CEA
Shult
Arthur Laffer
Shultz
Arthur Burns
International Arts Import Co begins home and office paintings line
Rupert A. Harwell announces International Arts Import Co Ltd will import original paintings and frames for home and office use at moderate prices. The company will be headquartered locally, distribute nationally, and exhibit at major markets with a showroom planned in High Point.
MENTIONED IN THIS ARTICLE
International Arts Import Co., Ltd
Rupert A. Harwell
Harwell
Europe
Latin America
Credit Union Earns Thrift Honor for Small Savers Growth
Federal credit union serving Anvil Brand employees wins Thrift Honor Award for boosting savings among small savers. IHP Credit Union grew 5.36 percent in accounts under 1 000 dollars, with 572 members and 77 438 dollars saved as of June 30, 1971. Lola Marsh presides, Bill F. Ray treasurer.
MENTIONED IN THIS ARTICLE
Federal Credit Union
Anvil Brand, Inc
James T. Coats
National Credit Union Administration
IHP Credit Union
Coats
Lola Marsh
Bill F. Ray
Banks in Fifth District See $70 Million Loan Drop Week
Federal Reserve data show 28 large Fifth District banks reduced gross loans by 70.494 million in the week ending July 21 to 9. Loans to domestic commercial banks fell 38.597 million. Demand deposits declined 178.07 million while time deposits rose 7.445 million. Investments fell 2.274 million and nonfinancial loans dropped 15.803 million. Commercial and industrial loans fell 40.74 million and securities purchased under resale declined 1.613 million. Real estate loans rose 8.514 million, consumer installments 5.538 million, agricultural loans 0.152 million, and other loans up 12.346 million.
MENTIONED IN THIS ARTICLE
Federal Reserve Bank of Richmond
Fifth Federal Reserve District
Labor Leader's Son Wins Draft Conscientious Objection
Fernando Chavez, son of Cesar Chavez, received conscientious objector status from U.S. District Court Judge M D Crocker in Fresno. The judge directed acquittal on a charge of refusing induction into the armed forces.
MENTIONED IN THIS ARTICLE
Fresno
Calif
Fernando Chavez
Cesar Chavez
U.S. District Court
M.D. Crocker
Chavez
Harrelson Rubber Co Reports Strong Nine Month Gains
Harrelson Rubber Co of Asheboro reports sales up 23 percent and earnings up 37 percent for the nine months ending June 30. Production increased 29 percent over the prior year as the period showed substantial growth in activity.
MENTIONED IN THIS ARTICLE
Eckerd Drugs, Inc
Charlotte
North Carolina
Alabama
Harrelson Rubber Co
Asheboro
Integon Insurance Helps Plan For College Costs
A reader is advised to consider Integon's diverse insurance and financial services to prepare for future college expenses, noting scholarship value and long term planning benefits.
MENTIONED IN THIS ARTICLE
Lstener
Integon
Also Mentioned on This Page
Lockheed
Penn Central Railroad
Horse Heaven Mercury
Oregon
California
Grandmother's Bakery
Chicago
Sen
William Proxmire
D-Wis
Congress
Joint Economic Committee
Proxmire
Grymes
DOW Jones
Jfmams
By Lou Schneider
North American Newspaper Alliance
THE
Knape & Vogt Mig
Aerotron
Ws Amic Corp
Life of Carose
Atlanta
Little Mint
Barber Greene Ps
Loews Co
Bassett Fur
Mack’s Shoes
Billups Westa
Methode Electron
Bank NC
Ncnb Corp
Brush
NC Natural Gas
Occidental Life
Carmine Foodsite
Planters Nail Bank
CMC Finance
Phillips Foscue
Carolina Cas Inc
Piedmont Av
Carolina Carib
Quality Mills
Carolina Freight Car
Roses Stores
Caro P & L
Ruddick Com
Carolina Steel
Ruddick
Sonoco
Chathnam Mfgos
Cochrane Furna
Nat! Corp
Colonial
Synercon
Communan
Textiles
Conner Homes
Durham Life
Tri South Mor
Equitable Leas
Farmers
NW Ins
Tri South Mor Unts
1Si
Triangle Brick
Home Office
Behrends Harwell & Henderson
Ballast
Houston
Los Angeles
San Francisco
High Point
sBy Ray Hubbard
Indian Head
John W. Connell
Consumer Products
Bancroft Licensing
Indian Head Hosiery
Bancroft Finishing
Tubular Textile Machinery
Barnhard Ulmann
Crawford
James W. Morrison
Specialty Textile
Indian Head Yarn & Thread
Native
Schwarzenbach Huber Co
Luray Yarn Texturing
Family Dollar Stores, Inc
E. Westwood
Eee High Ae
Greensboro
N.C
Ed Lyon, Jr
C.la
North
Caroline
George P. Clark
C.S.A
Hayden Place
West High St
I.R.S
Hichland Motors Inc
Olda “Cedille Selatviai S
Aintegon
Robert McCuiston
South Main Street
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!