Cautious U.S. buying rises amid mixed economic signals
U.S. consumers show modest spending gains while inflation fears persist. June installment debt climbs $441 million from May, below year-ago growth, as high income households raise buying expectations for later 1970. Ford plans a 5 percent price rise on 1971 cars, with Mavericks at 6 percent. Chrysler hints at over 5 percent truck price increases.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve Board
Consumer Credit
U.S. Commerce Department
Ford Motor Co
Ford
Lincoln-Mercury
Chrysler
General Motors
Trade Winds Nixon's Bullish Talk Goes Sour
North American Newspaper Alliance reports on Nixon administration optimism for a midyear business recovery fading as actual deficits rise, inflation pressures grow, and leading indicators dip. Industry concerns include auto labor tensions, higher car insurance costs, and calls for safety rule changes amid earnings squeeze and capacity gaps.
MENTIONED IN THIS ARTICLE
New York
Council of Economic Advisers
CEA
Nixon
Washington
Federal Reserve
Arthur Burns
Stock Market Letters
Stock Quotes and Interdealer Prices At 3 P.M.
The NASD quotations reflect representative interdealer prices around 3 p.m. Thursday. Markets move through the day and quoted figures exclude retail markups, markdowns, or commission.
Paxton Appointed Tomlinson Furniture Sales Rep
Ray Paxton named to represent Tomlinson Furniture in the central northwest region covering Kansas Minnesota Missouri North Dakota South Dakota parts of Canada Nebraska and Iowa.
MENTIONED IN THIS ARTICLE
Ray Paxton
Tomlinson Furniture Sales
Central Northwest Area
Kansas
Minnesota
Missouri
North Dakota
South Dakota
Canada
Nebraska
Iowa
National Springs Taps Sedberry for High Point North Carolina Sales
National Springs Corp announces Keith Sedberry as representative to the furniture industry in High Point and eastern North Carolina. He previously served two years with High Point Products in the same territory. Jefferson-Pilot declares a quarterly dividend of 20 cents per share with Sept. 4 payment to holders of record Aug. 14.
MENTIONED IN THIS ARTICLE
Greene
Bassett Furniture
Branch Bank of N.C Mve
Brenner Industries
Brush Berytium Sa
Bucbee Mears
Carmine Foods
CMC Finance Carolina Casua Carolina Ad & Ft
Carolina Carolina Wholesale Flo Central Vermont
Chatham Mfg Co
Cochrane Furniture
Conner Homes
Cameron Brown Com
Cameron Brown Wits Durham
First Ife
First
Garfinckel Brooks Vaive National Bancorp
Georgia International
Guardian Care Gwalt SM Hardees Sys Com
Hi Furniture
Henr
Integon Corp Keys
Kaiser Steel
Kewaunee Scientific
Knape & Vogt Mfg
U Nec
Life of Carolina
Lowes Companies
N. C
Wann
Phillips Fescve Peoples Bank & Trust
Quality Mills
Reid Provident Labs
Roses
Ruddick
Sonoco P
Southern National Corp
Trans Gas
Triangle Brick
Wachovia Realty
Wa Walker
Western Carolina
Wixx Corporation
Wright Machinery Iin Ta
National Springs Corp
Keith Sedberry
High Point
North Carolina
National Springs
Sedberry
High Point Products
Soles
Jefferson-Pilot
Farmers New World Life Insurance Co. Directors Pay 3 Cents
The Farmers New World Life Insurance Co. declares a dividend of 3 cents per share payable September 11 to stockholders of record as of August 21.
MENTIONED IN THIS ARTICLE
Farmers New World Life Insurance Co
Kabat Resumes Sales Role for Hazleton Weaving Co
Julian H. Kabat returns to service as sales representative for Hazleton Weaving Co upholstery fabrics. After a five year lapse he will cover furniture manufacturers and jobbers in the southeast from Greensboro offices. Hazleton Weaving is a Tioga Textile Assoc. division.
MENTIONED IN THIS ARTICLE
Julian H. Kabat
Hazleton Weaving Co
Southeast
Greensboro
Kabat
Virginia
Florida
Tennessee
Hazleton Weaving
Tioga Textile Assoc
Loeb On Wall Street Women Good Investors
New York columnist recounts early 1920s experience at a Wall Street firm that barred women from the main office, notes several successful female clients, and argues women can improve investment results by using trusted advisers. Advice covers paying attention to records, managing authority, and knowing when to pull back in a bull market.
MENTIONED IN THIS ARTICLE
New York
Nana
New York Stock Exchange
Homestake
Wall Paper
Cole Named Field Claim Representative For State Farm
Cole, son of Wendell L. Cole of High Point North Carolina, is appointed a field claim representative in Greensboro for State Farm Mutual Automobile Insurance Co. A High Point native, he attended Allen Jay High School and earned a B S degree from Appalachian State University. His wife Mary Michael Upchurch of Raleigh and their young daughter are part of the family.
MENTIONED IN THIS ARTICLE
Dennis Lee Cole
Wendell L. Cole
Stratford Rd
High Point
N.C
Greensboro
State Farm Mutual Automobile Insurance Co
Allen Jay High School
Appalachian State University
Mary Michael Upchurch
Raleigh
Lewis Joins Wellington Hall as Controller in High Point
John A. Lewis of Madison has joined Wellington Hall Ltd as controller. A Tri-State College Angola graduate with BS in accounting, he previously served as general accountant for WEAL Greensboro and held roles at Agrico Chemical, Commercial Credit Charlotte, Mobil Finishes High Point, and GE Credit Fayetteville. He is active in local civic groups and attends Green Street Baptist Church with his wife Lucille Hodges.
MENTIONED IN THIS ARTICLE
John A. Lewis
High Point
Wellington Hall, Ltd
Madison
Lewis
Tri-State College of Angola
Ind
Wellin Hall
Weal, Inc
Greensboro
Agrico Chemical Company
Commercial Credit Corporation
Charlotte
Mobil Finishes Company
General Electric Credit Corporation
Fayetteville
Lucille Hodges
Green Street
Also Mentioned on This Page
U.S
American Motors Corp
Dodge
F. W. Dodge
McGraw-Hill Information Systems Co
U.S. Steel
House of Representatives
Penn Central Co
By Lou Schneider
North American Newspaper Alliance
Modena
Italy
Detroit
United States
Paxton
Gilbert H. Clinard
Ray Hubbard
Loeb
Wall Street
George Bernard Shaw
Harriet Gardner Palmer
Henry Holt and Company
Miss Palmer
AIR Service, Inc
Lane
sJellerson Nia
Ndard
Durham
J. W. Sears
Sears
J.C. Brown
High Point Tel
Durham Life
Durham Life Building
Raleigh, North Carolina
Robert McCuiston
C.L.A
South Main Street
Integon
Integon’ Financial Services
Ed Lyon, Jr
C.la
Gatewood Ave
Cole
John Hancock
Jack W. Smith
Clyde E. Swift
Edgeworth Bldg
Life Insurance
W. High St
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