Stock Averages Edge Up on Friday Close
The Associated Press 60-stock average rose 3.2 points to finish at 279.6 on Friday, reflecting a modest gain amid trading.
MENTIONED IN THIS ARTICLE
Associated Press
High Point Enterprise in High Point, North Carolina
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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Dec 13, 1970
Page
7
Cuba’s 1970 economy falters amid sugar focus
The Cuban economy slowed in 1970 as sugar production hit a world record while other sectors declined. Castro admitted failures in broader development and hinted at stepping down, with rail, power, meat, milk, and tobacco shortages, and a costly reliance on imports and foreign exchange.
MENTIONED IN THIS ARTICLE
Isaac M. Flores
Associated Press
Miami
Fla
Fidel Castro
Castro
Caribbean
Havana
Plaza de la Revolucion
Fidel
Carlos Rafael Rodriguez
Cuba
Soviet Union
Workers
Year For Steel Industry Not One To Crow About
The 1970 steel industry saw good production with down profits amid a sluggish economy. First nine months showed exports rising to over 6 million tons while imports fell, and U S Steel and Bethlehem reported lower earnings despite steady shipments. The GM strike and auto downturn tempered the year’s performance.
MENTIONED IN THIS ARTICLE
Pittsburgh
United Auto Workers
General Motors Corp
United Steelworkers
U.S. Steel Corp
Pennsylvania
General Motors
United States
U.S. Steel
Bethlehem Steel
Also Mentioned on This Page
Web
Thur
DOW Jones
Jfmam
Jasond
First Citizens Bank & Trust Company
Federal Deposit Insurance Corporation
First-Citizens Bank & Trust Company
First-Citizens Bank & Trust Company Corporate Trust Department
East Martin Street
Raleigh
North Carolina
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