Inflation Fight Slows as Growth Dims and Prices Persist
AP reports inflation proves harder to curb as growth slows only modestly. McCracken warns time lag to ease restraining policies may extend beyond average, with prices rising 50 percent faster than prior years. Fed surveys show muted capital spending and durable goods orders up 5 percent in July amid steel and auto production trends.
MENTIONED IN THIS ARTICLE
Jack Lefler
NEW York
Federal Reserve Board
Paul W. McCracken
President’s Council of Economic Advisers
American Statisical Association
Nixon Administration
McCracken
University of Wisconsin
Commerce Department
Defense Department
Aluminum Co
American
Stock Quotations and North Carolina Traffic Toll Update
Inter-dealer NASD quotes around 3:00 pm Thursday show no retail markup. North Carolina patrol reports at least five deaths in traffic this weekend, bringing the year total to 1,071, with fatal crashes near Rocky Mount and Tyrell County.
MENTIONED IN THIS ARTICLE
Associated Press
NASD
Bhrotrn
Kiba
Waldensian
Anerican Fidelity
Deviva
Sinerican Land
Taranta Gas Light
Tava Jtomatic Service
Barber Greene Te Ia Brasselt Furniture
Bee Fach Bank of N.C. Nd
Igadier
Brush Bergilua
Buckbee-Mears
C. Finance
Aia
Carolina Casualty Ins
Carolina Freight
Weroline Pwinkles
Garolina Steel
Carolina Wholesale Fie
Gentral Carolina Bank
Ada Central Vermont
Atnam Mfg. Co
Ome
Coastal Plain Life Ins. Co
Gelanial Stores
Clonis Sores
Akidack Terry
Durham Life
Farmers New World Time Federal Companies
Fidelity Corp
Hirst Union Natl. Bancorp
Franklin Kite
Broks Bros
Guardian Care
Geliney
North Carolina
Mae
Carolina
Kaie Hares
Rocky Mount
Camp Herth Amer
Lejeune Marin Rene Corp
Marjorie Bonethwestert
Financial Corp
Charlotte
Ruth M
iMoore
Gusta Lewis
Secale Bk & Te
Rt. 2
Mossey's
Nat. Bk.&Tr. Co
Zaskee Peliy Mises
North Carolina July nonfarm employment slips 9800
State Labor Commissioner Frank Crane reports a seasonal drop of 9,800 in nonfarm employment in North Carolina in July, mainly due to summer vacations in textiles and school maintenance shutdowns. Total nonfarm payrolls reach 1,679,500, down from June but up 32,100 from July 1968, with factory work at 692,300 and hourly wages averaging 2.92 and weekly earnings at 94.42.
MENTIONED IN THIS ARTICLE
Frank Crane
North Carolina
Crane
Smithdeal Realtors adds Dot P Self to residential staff
Alton Stanford president of Smithdeal Realtors announces Dot P Self joining residential sales. Self, long North Carolina resident, studied at UNC Greensboro, moved to High Point four years ago, family at 804 Chestnut St, Forest Hills Presbyterian Church member. She recently completed a Guilford College real estate brokerage course.
MENTIONED IN THIS ARTICLE
Alton Stanford
Smithdeal Realtors
Dot P. Self
Mrs. Self
North Carolina
University of North Carolina
Greensboro
Fourago
Stock Acquired Connect Buys Mica-Wood Corp
Connect Corp completes acquisition of all outstanding shares of Mica-Wood Corp of Ladysmith Wisconsin. Mica-Wood manufactures kitchen bath and modular cabinetry with up-to-date equipment in a modern facility. The deal closes a year after the firm began operations.
MENTIONED IN THIS ARTICLE
Connect Corp
Mica-Wood Corp
Ladysmith
Wis
Mica-Wood Corporation
Life Insurance Official Joe Honeycutt to Speak at 1969 Assn. Convention
Conference speaker Joe Honeycutt, manager for Occidental Life Insurance Co. of North Carolina in High Point, will be a featured participant in The National Assn of Life Underwriters 1969 annual convention in Houston. He will address the gathering on Sept. 7 through Sept. 11.
MENTIONED IN THIS ARTICLE
Joe Honeycutt
Occidental Life Insurance Co
North Carolina
High Point
Assny of Life Underwriters
Houston
Tex
Honeycutt
Merger Approved for Stanley Mead Corp Consolidation
Stanley Furniture stockholders approved a plan to merge with Mead Corp with over 98 percent in person or by proxy voting in favor. A closing date will be set by management.
MENTIONED IN THIS ARTICLE
Mead
Stanley
Virginia
Dayton
Ohio
Stanley Furniture Company, Inc
Mead Corp
Whirlpool Distributor Workshop Attendee Named
Larry Sechrest, territory manager for Whirlpool Corporation's Charlotte division, attends a week long Whirl pool distributor salesman's workshop at Whirlpool headquarters in Benton Harbor Michigan. He and his family reside in High Point North Carolina.
MENTIONED IN THIS ARTICLE
Whirlpool
Benton Harbor
Mich
Larry Sechrest
Whirlpool Corporation
Charlotte
Sechrest
High Point
N. C
Also Mentioned on This Page
Morris Cohen
Business and Economics
American Statistical Association
U. S
Federal Reserve
Smithdeal
By Ray Hubbard
Conweb
St. Paul
Minnesota
Connect
Cloquet
Minn
Red Wing
Rice Lake
Riverside
N.J
Atlanta
Atlanta, Ga.; Hickory and High Point, N. C
Norwalk, Conn
Detroit, Mich
Professional Life Insurance Service
Geo. P. Clark
C.lu
Hayden Place
Lyon
J. Sturgis May & CO
Mulial
Incorporated — Funds
North Carolina Bank
Lane
Office
BOE
High ST
Worshop
David W. Adams
NCNB
Prudential Insurance Co. of America
W. C. White
P.O. Box
Dim Brafford
Wm. H. Bell
General Motors
FORD
Chrysler
Piedmont Triad
Horace G. Ilderton
Main St
Fas Life Insurance
Group Insurance Emgryciate CL
SC Ene
PSE
ELL
Sales Consultants International
Sales Consultants
James H. Liberatore
Euclid Avenue
Cleveland
Sheraton Hotel
Ph. Bel
Hornblower & Weeks
Hemphill Noyes
New York Stock Exchange
Friendly Ave
Geo. G. Jones
Mgr
Charles E. Diffendal
Greensbaro
Seco
Robert A. McCliston
High Point Bank
Integon Financial Services
Trust Company
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