Lockheed Faces Rolls Royce Fallout and Wall Street Surge
Lockheed Aircraft's study of Rolls Royce receivership follows 6500 California layoffs as the TriStar program pauses. Wall Street sees record volume and SEC chief urges ending physical stock certificates amid brisk trading and expansion of reporting systems.
MENTIONED IN THIS ARTICLE
New York
Lockheed Aircraft
Rolls Royce Ltd
Wall Street
Rolls Royce
Lockheed California
Lockheed
England
Pratt & Whitney
United Aircraft Corp
General Electric Co
New York Stock Exchange
Market trading surges with all time high of 28.25 million shares
Last week saw a spike in stock activity with a record daily volume of 28.25 million shares on Tuesday. The Dow Jones average closed at 885.41 on Friday, up 12.26 for the week, while the AP 60-stock average rose 4.3 to 309.1. Analysts credit sustained investor optimism for the gains.
MENTIONED IN THIS ARTICLE
Dow Jones
Associated Press
Can Abel Keep His Promise? USW Boss's Future Tied to Talks
In Washington since January, USW President I W Abel faces a February 14 strike deadline as contract talks with Continental Can American Can National Can and Crown Cork and Seal hinge on wage hikes and a cost of living escalator. The union seeks a raise from 3.60 to at least 4.00 per hour in year one plus improved fringe benefits while resisting no strike clauses and pushing for stronger contracts across metal trades.
MENTIONED IN THIS ARTICLE
Richard B. Smith
Securities & Exchange Commission
Wall Street
United Steelworkers Union
American Can Co
Continental Can Co
National Can Co
Crown Cork & Seal Co
Air Force
North American Rockwell Corp
Commerce Department
Nixon
The
Business Council
Congress
Senate Banking Committee
New York
William J. Casey
Senate
Casey
Texas
John B. Connally
Secretary of the Treasury
United Steelworkers
USW
I. W. Abel
Washington, D. C
Continental Can
American Can
National Can
Crown Cork and
Seal
William Moran
United Auto Workers
UAW
Moran
U. S. Labor Dept
Over-the-Counter Stock Quotes at Midday by AP
The Associated Press reports NASD quotations as representative interdealer prices around 3 p.m. Thursday. Interdealer markets were active through the day, with prices excluding retail markups, markdowns, or commissions.
MENTIONED IN THIS ARTICLE
Associated Press
NASD
Material Sought In Calley Case
Journalist John Sack is ordered by Col. Reid W. Kennedy to produce tapes and notes of interviews with William L. Calley as the My Lai court martial resumes. The material was used in Esquire magazine and this is the second such production order.
MENTIONED IN THIS ARTICLE
FT. Benning
John Sack
My Lai
William L. Calley
Col
Reid W. Kennedy
Sack
Esquire
Kennedy
Greensboro Seminar on Cost Reduction By Noted Engineers
The Greensboro Chapter of SAM and the American Institute of Industrial Engineers co sponsor a mid March seminar on cost reduction led by Phil Carroll. Don Begosh and Ray Anderson chair the event with coordinators Wesley Suit Ray Grupenhof Everette Thurman and Bryan Jackson. Guest speakers include Allan J. MacEachen Dr Robert N Ford and Frank Pollara. B C Fowler received the certified property manager designation from IREM after 16 years in real estate.
MENTIONED IN THIS ARTICLE
Greensboro
Society For Advancement of Management
American Institute of Industrial Engineers
Phil Carroll
Don Begosh
Sam
Ray Anderson
Ale
AIIE
Wesley Suit
Tex Elastic
High Point
Ray Grupenhof
Winston-Salem
Everette Thurman
Webco Mills
Burlington
Bryan Jackson
NCNB
Institute
Allan J. MacEachen
The
Privy Council
House of Commons
Canada
Robert N. Ford
American Telephone and Telegraph Co
Frank Pollara
Afl-Cio
B. C. Fowler
Idol-Green Co., Inc., Realtors
Institute of Real Estate Management
Fowler
Davis Furniture Plans 16000 Sq Ft Expansion
John T. Davis Jr. announces a 16 000 square foot expansion for Davis Furniture Industries to boost desk and related item manufacturing. The new subsidiary, Davis Brayton Designs, will run the expanded facility while showrooms operate in Boston Los Angeles Chicago Denver Indianapolis New York San Francisco and High Point.
MENTIONED IN THIS ARTICLE
John T. Davis Jr
Davis Furniture Industries
Davis-Brayton Designs
Davis
Boston
Los Angeles
Chicago
Denver
Indianapolis
New York
San Francisco
High Point
Fortune editor to speak at UNC Greensboro institute
Judson Gooding associate editor of Fortune will join several speakers at the fourth annual executive institute at UNC Greensboro Monday and Tuesday. Gooding will discuss Cultural Values and Motivation at 1 30 p m Tuesday as about 130 business and professional people from Piedmont North Carolina are expected.
MENTIONED IN THIS ARTICLE
Judson Gooding
Fortune Magazine
Executive Institute
University of North Carolina At Greensboro
Gooding
Fortune
Piedmont North Carolina
New S&H Green Stamp Catalog Begins Distribution
The 1971 catalog marks the 75th anniversary of Sperry and Hutchinson Company and starts Feb 18 in High Point at Big Bear Super Markets and other retailers. About 600 items appear in the edition for the first time.
MENTIONED IN THIS ARTICLE
S&h Green
High Point
Big Bear
Sperry and Hutchinson Company
Liggett & Myers PGA Match Play Championship Planned
Liggett & Myers has hired Wayne Pennington & Associates for the $200,000 National Match Play Championship to be held August 25 to 27 at The Country Club of North Carolina Pinehurst. The event features top golfers competing for the prize and publicity.
MENTIONED IN THIS ARTICLE
Liggett & Myers, Inc
Wayne Pennington & Associates
Liggett & Myers
Country Club of North Carolina
Pinehurst
Auburn President to address Greensbo Chapter meeting
Dr. Harry M. Philpott president of Auburn University will speak at the February Greensbo Area Chapter meeting of the Society for the Advancement of Management and Auburn Alumni. The event at Sedgefield starts Tuesday Feb 9 at 6 30 p m with the topic Business Leaders for the 21st Century.
MENTIONED IN THIS ARTICLE
Harry M. Philpott
Auburn University
Greensboro Area
Society For the Advancement of Management
Auburn
Sedgefield
Philpott
Expo planned for Mid-South Business Equipment Exposition
Preparations underway for the Mid-South Business Equipment Exposition in Greensboro at the Coliseum Complex on March 24. Sponsored by the Piedmont Chapter National Association of Accountants and Greensboro Administrative Management Society, the show features office equipment from national manufacturers and local distributors. Co chairs are Hilliard Eure and Joe Kyle.
MENTIONED IN THIS ARTICLE
Greensboro
New Coliseum
Piedmont Chapter
The
National Association of Accountants
Administrative Management Society
Hilliard Eure
NAA
Joe Kyle
AMS
Oregon Plans to Refuse Postage Due Tax Returns
The Oregon Department of Revenue will return 300 postage due state income tax returns unopened. Director Charles Mack says the department spent over $5,000 last year on postage for such returns and will save taxpayers that amount by refusing them this year.
MENTIONED IN THIS ARTICLE
Salem, Ore
Oregon Department of Revenue
Charles Mack
Also Mentioned on This Page
Thur
Abel
Auto Workers
Basic Steel
U.S. Bureau of Labor Statistics
U.S
March
Savel
Gilbert H. Clinard
George P. Clark
C.S.A
Hayden Place
American
Atlanta Gas Light
Vreene
Bassett Furniture
Brenner Industries
Brushium
Bee
CMC Finance
Carmine Foods
Carolina Conmuesa Wa
Um Carolina
Carolina Bar's
Carolina Wise Flo Central Car Bank Central Vermont
Computing Efficia Cochrane Colonial Stors
Craddock Terry
Cameron Brown Com
Cameron Brown
Cameron Brown Wits Durham Life Eckerd Dr
Equitable Leasing
Ei Farmers New
Fidelity Corp
Ile First UN Nat Bancorp
Franklin Lite
Garfinckel Brooks Brs
Georgia International
Guardian Care
Hardees Systom
Hickory Furn
Integoa Corp NW
Peoples Bank & Trust Pay N Save
Phillips Fescue Piedmont Aviation
Quality Mills Roses
Wee We
Ruddick Common Ruddick Séc
Sonoco Prods
Southern Nat Corp
Tolerent Leasing
Trans Gas Pipeline
Vermont American
Wellington Hall Wal Wright Machinery
Calley
Air Service, Inc
eBy Ray Hubbarde
Telephone
E. Westwood
Ed Lyon, Jr
C.la
Gatewood Ave
Oregon
Robert Elliot
Marketin Transcon Industries, Inc
International Dynamics Corp
W. Katella Ave
Anaheim
California
Integon
Robert McCuiston
South Main Streetel
J Integon Financial Services
Janet Tompkins
West High St
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