Price Commission Lowers Steel Hike Despite Expectation
The Price Commission approved a 3.6 percent average rise for U S Steel Corp, with flexibility to vary by product but kept to the overall average. Observers say some items could reach 8 or 9 percent. The action follows a requested 8.6 percent hike on select products. In other moves the panel trimmed coal price increases while warning against passing all wage gains to customers. Henry Ford II criticized the commissions for creating uncertainty hindering economic recovery.
MENTIONED IN THIS ARTICLE
Linda Rubey
New York
Pay Board and Price Commission
Price Commission
U.S. Steel Corp
Commission
U.S. Steel
Pay Board
Hodgson
Nixon
Henry Ford II
Ford Motor Co
Southern furniture sales surge in October across the South
Furniture firms in 14 states saw October sales rise 48.8 percent from a year earlier. Backlogs grew 52.4 percent, with 12 to 14 weeks of orders piled up as shipments and production climbed. Oct payrolls up 3.7 percent. first ten months show solid gains across sales, shipments, and production.
MENTIONED IN THIS ARTICLE
Jim Hawkins
Wiiter
South
Southern Furnitureanufacturers Assn
SFMA
Duke Power Tops One Million Customers in November
Duke Power Co. crossed 1,001,530 customers in November, adding 1,874 for the month. The Duke service area covers 20,000 square miles in the Carolinas with 864,723 residential and 127,385 commercial customers, while construction and expansion push capacity to 8.4 million kilowatts with over 7.08 million in operation.
MENTIONED IN THIS ARTICLE
Charlotte
Duke Power Co
Duke
Piedmont Carolinas
Duke Power
BBB Warns of Buying Tickets From Schemers in High Point
The BBB warns businessmen in High Point to beware of telephone pitches selling blocks of tickets for charity styled events. Local sponsors take about 20 percent while promoters claim large profits. many programs lack city licenses and bonds and use benefits for the underprivileged as a front. Authorities were alerted.
MENTIONED IN THIS ARTICLE
High Point
Better Business Bureau
Marvin E. Sykes
BBB
Sykes
NASD Interdealer Prices Snapshot At 3 P.M.
The NASD quotes interdealer prices as of about 3 p.m. Thursday. Prices shown are representative and exclude any markup markdown or commission. Markets vary through the day as dealers adjust quotes.
Weekly Stock Chart Highlights Index Shifts
The Associated Press average of 60 stocks closed Friday at 312.0 up 2.6 from 309.4. The Dow Jones industrial average of 30 closed at 856.75 down 2.84 from last Friday. AP Wirephoto chart accompanies the data.
MENTIONED IN THIS ARTICLE
Associated Press
Dow Jones
December meeting of Piedmont NAA at Greensboro
The Piedmont Chapter of the National Association of Accountants will meet December 16 at Holiday Inn Four Seasons in Greensboro. William Westphal of A. M. Pullen & Company will discuss current tax considerations. Westphal, a CPA and former Pullen partner, has led the N C Association of CPAs and served on key tax committees.
MENTIONED IN THIS ARTICLE
Piedmont
National Association of Accountants
Holiday Inn Four Seasons
Greensboro
William Westphal
A. M. Pullen & Company
Westphal
CPA
Pullen
N.C. Association of Cpa
Engineering appointee leads city water system in North Carolina
Ralph F. Meyers, a professional engineer, is appointed assistant director of the city Department of Public Utilities. He will oversee the water plant lakes distribution system and two pollution control plants while bringing prior experience from Florida and Michigan. He holds BCE and MSE degrees from the University of Florida and has affiliations with major engineering societies.
MENTIONED IN THIS ARTICLE
Ralph F. Meyers
Dept. of Public Utilities
Meyers
Sarasota
Fla
Meyers and Associates, Inc
Francis Engineering Co
Saginaw
Michigan
North Carolina
BCE
University of Florida
University of Oklahoma
American Society of Civil Engineers
The
National Society of Professional Engineers
American Academy of Environmental Engineers
American Waterworks Association
Johnson St
Green Street Baptist Church
Auto-Owners Regional Meeting Highlights New Policies
Representatives from Dickens Mutual Insurance Agency and Allen B. Welborn Inc attended a regional Auto-Owners Insurance meeting in Charlotte. The session introduced new Auto-Owners property and casualty and life policies, a safe incentive travel program, underwriting information, and a new advertising program.
MENTIONED IN THIS ARTICLE
Dickens Mutual Insurance Agency
Allen B. Welborn, Inc
High Point
Auto-Owners Insurance
Charlotte
Former Congressman Brooks Hays to headline Greensboro dinner
Former U S congressman Brooks Hays will headline the December Ladies Night meeting of the Triad Chapter Society for Advancement of Management. The 6:30 p m dinner is Tuesday December 14 at the Holiday Inn Four Seasons Motel in Greensboro. Hays known as a statesman religious leader and human rights pioneer served eight terms in Congress and remained active in government affairs for nearly four decades.
MENTIONED IN THIS ARTICLE
U.S
Brooks Hays
Arkansas
Triad
Society For Advancement of Management
Holiday Inn
Four Seasons
Greensboro
Hays
Williams attends 50th Wholesale Distributors meet in Lancaster
Conference G. S. Williams of Peerless Inc High Point attended the 50th anniversary convention of Wholesale Distributors of the Armstrong Residential Flooring Line in Lancaster Pennsylvania last week. The two day meeting covered new products marketing plans for the coming year and included presentations of awards for outstanding sales performance during 1971.
MENTIONED IN THIS ARTICLE
G. S. Williams
Peerless, Inc
High Point
Lancaster
Armstrong
CPA Charles S Myerly To Address NC CPA Group
Charles S Myerly a partner in Ernst and Ernst will speak to the Piedmont Chapter of the North Carolina Association of Certified Public Accountants on December 14. He will discuss The Problems of Unaudited Financial Statements. Myerly a UNC graduate has led NC CPA work for two decades and is current president of the NC association.
MENTIONED IN THIS ARTICLE
Charles S. Myerly
Certified Public Accountant
Ernst & Ernst
Charlotte
Piedmont
North Carolina Association of Certified Public Accountants
Myerly
University of Baltimore
North Carolina
National Association of Accountants
Loans Rise in Fifth District Banks on Week Ending Dec 1
Federal Reserve Bank of Richmond survey shows total loans of 28 large Fifth District banks at 9.953 billion, up 36.1 million. Domestic commercial loans fall, financial and nonfinancial loan categories rise. demand deposits surge and real estate loans drop.
MENTIONED IN THIS ARTICLE
Federal Reserve Bank of Richmond
Fifth Federal Reserve District
Women's Lib Begins at Home Says Householder Editorial
A domestic-oriented piece argues that true women's liberation starts in the home and urges husbands to support wives pursuing family careers. It promotes consulting The Listener on how Integon's varied insurance options can aid households.
MENTIONED IN THIS ARTICLE
Integon
Also Mentioned on This Page
Carl E. Bagge
National Coal Association
Bagge
Secretary of Labor
James D. Hodgson
Southern Firms
Southeastern
Virginia Electric and Power Co
Florida Power and Light Co
Carl Horn Jr
Ed Lyon, Jr
C.la
North Cereline
Atlanta
Barber Greene
Ind.s
Brush Beryl
Cam Brown
Carmine Foods
CMC Finance
Carolando Carp
Carolando
Carolina Carib
Carolina
Cent Caro Bank
Cent Vt
Champ Part Rebuil Cochrane Furn
Computing Efency A
Conner Homes
Durham Life
el Paso Elec
Equitable Leas Farmers NW
UN Natl Bank Corp
Foodtown
Franklin Life Garrick Brooks
Sve Sia Georgia Inti Guardian Care
Hardees Fds Sys Com
Hickory Furn
NW Finan
Macks
Occidental Life
Bank Wa
Phillips Fescue
Quality Mills
Ruddick Com
Ruddick
Seneca Prods
Sugardale
Stern Nail Corp
Synercon
Textiles
Trans
Caro Bks
Vt Amer
Welingtn-Hall
Wright Mach F
Granville
Hamilton Street
Particu
Tim
Boyles Insurance Agency, Inc
N. Main St
Ray Hubbard
S.A.M
United States
CPA Meet
George P. Clark
C.L.U
Hayden Place
GQ Integoninancial Services
Robert McCuiston
C.L.A
South Main Street
Hedgecock
Hedgecock K Builder Supply CO
Ward Rery
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