Business notes on 1961 economic outlook and Piedmont Aviation earnings
A retrospective on 1961 shows a weak economy with wage hikes and rising costs. Hosiery and furniture slumped while back to school demand and a strong Christmas season helped retailers late in the year. Piedmont Aviation ends 1961 with $375,000 in earnings amid national airline deficits, driven by aggressive sales and cost control. Frank Naulty to attend 1962 sales meeting. A M Cook cited as Lincoln National sales award winner.
MENTIONED IN THIS ARTICLE
Washington
Piedmont Aviation Inc
M. F. Fare
Winston - Salem
Piedmont
T. H. Davis
Rough Year on Labor Front Seen
Washington AP reports government mediators expect a rough 1962 with tougher handling of labor disputes. FMCS director William E. Simkin says strikes will be forestalled by more aggressive mediation as major contract talks loom in steel aluminum aircraft pulp and paper and maritime industries. He warns the public interest demands quicker direct methods and notes studies on changing labor relations laws.
MENTIONED IN THIS ARTICLE
Kiplinger
Washington
William E. Simkin
Federal Mediation and Conciliation Service
Simkin
FMCS
Committee For Economic Development
Kennedy
Triangular Farm Plan Is Prepared
Washington AP reveals a Kennedy administration farm program designed for broad appeal. Secretary Freeman outlines a triangular approach prioritizing land use efficiency, home and foreign food utilization, and balanced production under commodity management. The plan aims to broaden support beyond farmers to improve passage chances.
MENTIONED IN THIS ARTICLE
Washington
Congress
Secretary of Agriculture
Orville L. Freeman
White House
Freeman
Kennedy
Missing Genevieve Found In Rest Room Police Report
Joe Avalles and his wife were driving with nine children when Genevieve, age 2, was found missing. Police traced her after a nationwide alert and located her in a Pacoima service station restroom. The family reunited and continued home to San Jose.
MENTIONED IN THIS ARTICLE
Kingsburg
Calif
Joe Avalles
San Jose
Genevieve
Avalles
U.S. Highbin
Pacoima
Proctor to Administer Peace Corps Nigeria Initiative
Dr. Samuel Dewitt Proctor president of North Carolina A and T College took the oath to head the Peace Corps program in Nigeria. Peace Corps Director Sargeant Shriver praised the move as a new peak in the program's quality and leadership.
MENTIONED IN THIS ARTICLE
Washington
Samuel Dewitt Proctor
North Carolina A & T College
Adminster
Nigeria
Africa
Peace Corps
Sargeant Shriver
Proctor
Confidence Strong as 1962 Expected Banner Year
Washington reports stronger consumer buying with October and November retail sales up 3 percent each to record highs. Administration advisers forecast a first booster from rising demand for 1962 models, predicting annual output near 541 to 570 billion dollars with a mid 1962 spike in capital goods spending.
MENTIONED IN THIS ARTICLE
Washington
Kennedy
Council of Economic Advisers
Council
White House
Also Mentioned on This Page
Kiplinger Washington Editors, Inc
Kiplinger Washington Letter
al F
Frank Naulty
Carr St
Miracle Equipment Co
Grinnell
Iowa
A. M. Cook
High Point
Lincoln National Life Insurance Co
By Joe Brown
Rowe Furniture Revels
Associat Savannah Elect
Pwr
Securities Dealers, Inc
Shield Bantamas Orea
Scott Foresman
Scott Mattson
Security Diversified
Security Life & Trust
Sonoco
Soroban Engineering
Southern Nitrogen
Ford
Stevens
Adams Engineering
Aerotron
Allied Security Life Wee
Superior Cable Sree
Alivac Metals
Telechrome
American
Efird
American Comm
Texize Chemicals
American Discount Seruee
Textiles, Inc
American Fidelity Life
Thermo Plastics
Tidewater Natural Gas
Time, Inc
Atlanta
Towmotor Corp
BBS Studios
Obseue
Trans. Gas
Oeerese
Bassett Furniture Tees
Travelers Insurance
Bevis Shell Homes
Ween Vale U.S. Chemae
Theeee
Mn U.S. Realty
Billups
Western Petro Inc
Waweenene
Blue Bell
Wachovia Bank
Boston Capital
Mie
Walker
Bowater Paper
Walter
Jim
Watson Brothers
C.M.C. Finance
Western Carolina Tet Cfm Corporation
Western Power
Drexel Enterprises
Duffy Mott
Dynatronics, Inc
Sebipe
Eastern Util Assoc Eee
Economic Laboratories Wee
Erwin Mills
Va Equitable Leasing. Corp
Fair Lanes
Fidelity Bankers Life Eee
First Sou
Ammon
First
Sou
First Union Nat'l Bank
Fox Stanley Secon Ereeere
Vova
Franklin Life Eeacee
Futterman Corp
Cone
Garfinckel J. Common
Evee General Shaleener
Gen. Tel
Kaiser Steel
Kale Homes, Inc
Kentucky Central
Ketchum & Company
Lance, Inc
Lou Blower Am
Liberty Loan
Life and Casualty O
Lite Companies, Inc
Lilly & Company
Lone Star Steel
North American Life
N.C. National Bank
Anne
Occidental Life
Ohio State Life
Sane
Textile Corp
Piedmont Aviation
Piedmont Natural Gas
P&n Railway
Wy Public Soc
George P. Clark, C.L.A
NEW England Life
Mutual Life Insurance
America
N. Main St
Professional Life Insuranceervice
J. Sturgis May & Co
N. C
City & State
First Southern CO
Greensboro, N.caa
North Carolina
N. Carolina
Nat’l
High Point, N. Car
Joseph R. Slevin
Herald Tribune News Service
EO. Lane $i
Moving + Ironclad
Weymeinhard & Company Inc
Park Ave
New York
Southern Rep
Otis L. Holland
Greensboro
Robert A. McCuiston
Pension PI
Edgar T. Docbrow
Accident & Health _ Group
Point Savings
High Point Savings
Federal Deposit Insurance Corp
High Point Savings and Trust CO
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!