Moody's Forecast Sees 1966 Boom Amid Cautions
Moody's Reports foresees gains in industrial production, corporate sales, and earnings for 1966 driven by higher government and business outlays and consumer spending. It warns of risks from Vietnam, inflationary pressure, monetary strains, and balance of payments deficits, urging prudent government action to avoid inflation or recession.
MENTIONED IN THIS ARTICLE
Moody’s Stock Survey
Moody's
Moody’s
Viet Nam
Investment Weekly
Economic Outlook for 1966 From McGraw-Hill Report
The 1966 outlook shows the economy expanding with a projected gross national product of 711 billion dollars, up from 671.6 billion this year. Defense spending and Viet Nam effects push total government outlays higher, while consumer spending and nondefense investment rise, aided by improved employment and incomes.
MENTIONED IN THIS ARTICLE
U. S
Economics Department
McGraw-Hill Publications
Douglas Greenwald
Department of Commerce
S.E.C
Johnson
Christmas bonuses paid by Paramount Paper and Kraft Converters
Paramount Paper Products Co and Kraft Converters Inc paid a Christmas bonus amounting to 2 percent of the workers' pay. The action reflects early year-end employee incentive practices.
MENTIONED IN THIS ARTICLE
Paramount Paper Products Co
Kraft Converters, Inc
Slaydon Completes Technician Training at Bailey Meter
George D. Slaydon completes engineering technician training at Bailey Meter Co and is assigned to the Charlotte District Office. Bailey Meter, based in Wickliffe, Ohio, makes industrial instruments and automatic control systems. A 1965 Milwaukee Tech graduate, Slaydon earned an associate degree in applied science and is the son of Mr. and Mrs. G. D. Slaydon of 511 Baker Rd.
MENTIONED IN THIS ARTICLE
George D. Slaydon
Bailey Meter Co
Bee U
Charlotte
Bailey Meter
Wickliffe
Ohio
Milwaukee Institute of Technology
Slaydon
G. D. Slaydon
Baker Rd
Manpower Opens High Point Office At 115 W High St
Manpower Inc announces a new High Point office at 115 West High Street with Leroy Trust as Greensboro manager and Ovid Trimble to head the location. The firm provides temporary help for offices stores factories and warehouses during overloads absences and peak periods. It maintains a waiting list of trained short term workers and offers typing stenography and other office services.
MENTIONED IN THIS ARTICLE
Leroy Trust
Greensboro
Ovid Trimble
American Furniture Co Reports Higher Earnings for Year
American Furniture Co shows net profit of 1.624 million dollars, 61 cents per share, up from 1.462 million or 55 cents. Net sales reach 28.95 million, up from 25.35 million, aided by 11.1 percent earnings rise and 14.2 percent sales increase despite a major fire that destroyed part of a plant early in the year.
MENTIONED IN THIS ARTICLE
American Furniture Co
Five promoted to assistant vice president at B. B. Walker Shoe Co
Five employees promoted to assistant vice president at B. B. Walker Shoe Co in Asheboro. Ralph S S Andrews of Mount Gilead 10 years with the firm will oversee in stock purchasing and customer relations. Raymond J Freeman of Eagle Springs 14 years handles shipping and warehousing. A Reid Hix Jr of Asheboro 10 years directs raw materials purchasing. Jimmy B Tatum personnel director Asheboro five years with Walker. Coble M Maness supervises the men’s Asheboro factory. The 11 year veteran is from Moore County.
MENTIONED IN THIS ARTICLE
B. B. Walker Shoe Co
Ashsboro
Ralph S&s. Andrews
Mount Gilead
Raymond J. Freeman
Eagle Springs
A. Reid Hix JR
Asheboro
Textile imports threaten U S industry outcome in 1966
Charlotte report notes 1965 gains in production employment wages and modernization in the U S textile industry but signals concern over rising imports in 1966. J Burtowt Frierson of Chattanooga president of the American Textile Manufacturers Institute highlights military demand and industry government cooperation as stabilizing. He credits four more years of the one price cotton program for planning confidence and notes potential increases in military needs.
MENTIONED IN THIS ARTICLE
Charlotte
U.S
J. Burtowt Frierson
Chattanooga
Tenn
American Textile Manufacturers Institute
Viet Nam
Frierson
Shoppers on spree as 1965 Christmas sales top records
New York AP report notes a merry Christmas for business with stock market highs and holiday spending. NA merchants estimate Christmas sales at 2.9 to 3.2 billion, up 10 percent from 1964, while shortages of cameras and toys appeared before the spree ended.
MENTIONED IN THIS ARTICLE
New York
National Retail Merchants Association
Lynn Townsend
Chrysler Corp
Also Mentioned on This Page
Moody S
Ray Hubbarb
American Furn
THE
Associated Press
National Association of Wsecurity
American Fidelity
Atlanta Gas Light
Barber Greene
Ze Blue Bell, Inc
Brush
Commonwealth Life
Consolidated Credit
Eastern Utilities
Fidelity Bankers Life First Union Nail Bank
Florida Steel
Franklin Life
Franklin Realty
Tole
Georgia International
Ve Green
New Britain Machine
National Bank
H.C. Natural Gas Sa
Occidental Life
Piedmont Aviation
Piedmont Natural Gas
Pierce & Stevens Chem
Public Service of N.C. Ta
Pyramid Life
Republic Nat'l the Ad Rockwell Mfg
Security Life & Trust
Seneco
Sorg Paper Company
Vt State Capital Life
Superior Cable
Travelodge Corp
U.S. Realty
Wachovia Bank AO
Western Power & Gas
Public Service of N.c. YW
Republic Nat'l Life Rockwell Mfg
Sonoco Products
State Capial Life SA
Strans Gas Pipeline
U.S. Really Wachovia Bank
National Association of Security Dealers
Aerotron
American Land
American Mortgage
BBS
Vaethe Bassett Furniture
ATA
Bowater Paper
M.C. Finance
Carolina Casualty Ina New WY
Carolina Mills, Inc
Carolina Natural Gas
Va Luck’s Inc
Vaba
New Jersey Alum
Northwastern Bank
P & WN Railway
Ai Walker
Western Carolina
Ford Rent-A-Cars
High Point Leasing Co
English Motor Co, Bldg
Washington St
Tuet
New Historic High
DOW Jones
Fred J. Borch
General Electric Co
Bart Lytton
Lytton Financial Corp
Los Angeles
Aisa
C. Joe Honeycutt and Associates
East
Russell
Thenry Shawita: Realty Co
E. O. Lane
Kellerson Standard
Life Insurance
Edgar
Doobrow
L. Parrish
Bill E Jirsurance CO
First Union Nat’l Bank
Hornblower & Weeks Hemphill, Noyes
New York Stock Exchange
W. Gaston St
Charles E. Diffendal Jr
Geo. G. Jones
Occidental
Royal Protector
Yoursurance Ompany
North Carolina
Raleigh
High Point Bank and Trust Co
S. Main St
Robert A. McCliston Life
Accident & Health
Pension Plang
High Point Bank
Travelers
Hartford
Conn
John Diffendal
A Piedmont Insurance
UMA Cuo Eet Kae General Insurance
High Point, N
Aig
Takha W. Herndon
John C. Hawkins
Professional Life Insurance Servic
Geo
P. Clark
C.L.A
Lyon
New England Life
Mutual Lifts Insurance
America
Hayden Place
Sale, Tues. & Wed
Morrison, Textile Machinery Co
Butterworth
Werner
Morrison
Andrews & Goodrich
Reliance V.S
M. G
D& G
S. S
Simpson Butchers
Neagent & Coating
Southern V.F.C
Proctor & Schwartz
Southern
Greenville
Gerber
Rice Barton and Butterworth
Dewey and
Almy
Morrison S
Samuel T. Freeman & CO
Chestnut St
Philadelphia
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