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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

Feb 11, 1973

Page

6

Foreign Market Tension Moves US Business Picture

Foreign exchange strains, budget battles, and a Penn Central strike disrupted the week. The dollar faced downward pressure tied to West Germany and dollar realignment talks. Banking concerns grew as officials debated a two tier exchange and higher interest rates.

New York United Transportation Union Penn Central Railroad Senate House Washington West Germany Wilbur Mills D-Ark Ways and Means Committee

Stock Quotations Reported By The Associated Press

A compact stock briefing lists quotations compiled by the Associated Press at 7 a m. It includes percentage changes and figures across multiple securities, with brief shifts indicated for each entry.

Market Turns Up on First Solid Friday Advance

The stock market rose Friday marking its first solid gain since the Phase III policy was announced. The Dow Jones averaged 979.46, up 12.27 from Thursday after a weekly decline, while the Associated Press average finished at 323.8, up 3.9 from Thursday. Analysts cited investor optimism about new government measures.

Dow Jones Associated Press

Farm Bureau Signals Support for new EC Trade Talks

The American Farm Bureau Federation backs Nixon aims to wind down direct subsidies while favoring retained acreage controls for now. Officials say exports should grow to ease subsidies as March talks with the European Community set the direction for expanded markets and costs.

Washington American Farm Bureau Federation Nixon Administration United States The Farm Bureau Nixon Earl L. Butz European Community U.S Britain Ireland Denmark

First Union Names Van Doren as Commercial Loan Officer

Robert L. Van Doren Jr will become commercial loan officer and business development head in First Union National Bank High Point starting Feb 12 1973. A Columbia SC native and Sewanee graduate he has held multiple roles at First Union since 1967 including branch manager in Archdale and Friendly Center Greensboro and a six week credit workshop in Charlotte. He serves on several Greensboro organizations. Northern Piedmont SME chapter 82 will meet at Holiday Inn West Winston-Salem on Monday with Charles K Hay of Houston as guest speaker. Life of Carolina reports 1972 statutory loss from operations of 72742 with premium income of 4589636 and assets of 4686556. Southern Film Extruders posts 1972 net sales of 5226268 with net income 49100. Richmond Fed reports Fifth District banks’ loans and deposits shifts for week ending Jan 31.

National Association of Securities Dealers ASK É Id, Inc Aerotron American Furniture Atlanta Gas Light Atlantic Pepsi Cola Auto Train Bancshares N. É Bankers Trust of Bassett Furniture Bill Allen Com Bluefield Supply Branch Bank & Trust Brenner Burkyarns Burnup & Sims Burris Inds CMC Finance Cameron Brown Cameron Financial Cannon Mills Carolando Com Carolando el Paso Electric Environmental Control Equitable Leasing Farmers New World Life Fidelity Corp First Mart N.C FNB Catawba Foodtown Franklin Life Ins Garfinckel Brooks Guardian Corp Harrelson Rubber Heilig Meyers Henredon Furniture Roger Properties Lance Inc Lane Companies Oakwood Homes Save Peoples Bank of Rocky Phillips Fescue Piedmont Aviation Piedmont Real Estate Planters Bank Rocky Provident Financial Public Service of NC Quality Mills Rahall Redfern Foods Reid-Provident Labs Rex Plastics Rose’s Stores Hughes Supply Huntley of York Integon Corp Interstate Corp. Investors Ins Investors Title Ins Investment Life & Tr. Jacks Food J. B. Ivey Kenan Transport Kewaunee Scientific Robert L. van Doren, Jr High Point First Union National Bank Columbia, S.C van Doren University of the South Life of Carolina Grover H. Cole Cole Southern Film Extruders, Inc J. L. Bull Jr

Also Mentioned on This Page

Mars Knape & Vogt Mfg Rose’s Royal Scotsman Safeguard Auto Www Salem Carpet Sam Soloman Liberty Bank & Trust Savannah Foods Life Assurance of Care Security Finance Corp Little Mint Shoneys Big Boy Lowe's Companies Sonoco Products Mack’s S.C. National Corp Methods Electronics Southern National Corp Southern National Multimedia Spartan Food Systems Ncne Corp. Gas Sugardale Foods NC Natural Super Dollar Stores Northwest Fin. Corp Synercon Corp Textiles, Inc Thalhimer Bros Occidental Life Ins Inkwood Homes Transport Data Tri-South Mart Pay Triangle Brick Peoples Bank of Rocky Mt Turner Communications Phillips Fescue Unifi Inc Piece Goods Shops United Care, Bancshares Vermont American Piedmont Aviation Piedmont Real Estate Virginia International Planters Bank Rocky Mf Virginia Lavshares Provident Financial Sve B. B. Walker Shoe Public Service of NC Wa Washington Group Quality Mills Wellington Hall Rahall Comm Wa West Knitting White Shield Co Wix Corp Wright Machinery Ed Lyon, Jr C.L.A England North Carolina Nat. Bank J.W. Clontz Clarence C. Boyan C. Richard Tate, JR Clontz, Boyan, Gardner & Tate Suite the Legal Center South Hamilton Street Bureau Highland Leasing Highland Cadillac Leasing Highland Motors Inc N. Main St Cadillac Ray Hubbarde Northern Piedmont Society of Manu Holiday Inn-West Winston-Salem Piedmont Triad Area Charles K. Hay Houston Tex Hughes Tool Co Hay SME Dearborn Mich Richmond Federal Reserve Bank of Richmond Federal Reserve District District of Columbia Maryland Virginia South Carolina West Virginia CLU American College of Life Underwriters Bryn Mawr Pennsylvania American Society OF Chartered Life Underwriters David W. Adams W. Roland Albertson N. Calhoun Anderson J. Leslie Andrews Robert L. Carlson John A. Cocklereece Clu George P. Clark Grover H. Cole Clu John Czarnecki Delbert R. Kirkman Edwin R. Lyon, Jr Robert McCuiston Clu Bob L. Parrish Clu Jack W. Smith Clu Paul Owen Clu Pete G.E. Schultheiss Clu W.C. White Vanguard Vanguard I WU Ay Cee Artists Teouthern Photo Print & Supply Company N. Wrenn High Point N.C
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