Furniture Sales Rise 1972 Ahead of 1971 Levels
A joint report from the Southern Furniture Manufacturers Association and the National Association of Furniture Manufacturers shows 1972 sales up 18 percent from 1971, with shipments up 16 percent and payrolls up 14 percent. December 1972 sales eased two percent vs December 1971 but shipments jumped nine percent, and backlog rose 43 percent year over year.
MENTIONED IN THIS ARTICLE
Southern Furniture Manufacturers Association
National Association of Furniture Manufacturers
SFMA
NAFM
Dollar Devaluation Sparks Mixed Reactions From Business Leaders
American businessmen largely backed Nixon’s dollar devalue decision promising improved domestic and foreign sales as markets reacted with a surging then settling stock market. The 10 percent devaluation boosted gold to new highs and raised inflation and interest rate concerns amid global trading resumes.
MENTIONED IN THIS ARTICLE
Kay Bartlett
NEW York (Ap
Nixon
Value Added Tax Could Aid Farmers But Not Predictable
Washington AP experts say a value-added tax could cut farmers real estate taxes if it replaced property levies, but many variables prevent precise forecasts. ERS estimated 1971 farm taxes at 2.66 billion, about 7.6 percent of total income, with VAT potentially lowering bills if product prices rise. otherwise farmers could pay similar shares. Jerome Stam notes application methods are highly variable and complex.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
The
Economic Research Service
Jerome M. Stam
ERS
Stam
Europe
Stock Quotations Over-The-Counter Prices
Quotation notes from the Associated Press explain that over the counter prices reflect NASD representative interdealer values as of about 3 30 p m daily. Prices exclude retail markups markdowns and commissions.
MENTIONED IN THIS ARTICLE
Associated Press
National Association of Securities Dealers
High Point Bank Directors Named And Local Business Notes
Grover H. Cole and William F. Aldridge were named to the board of directors of the High Point office of First Union National Bank. Marie Williams received the NEA certified employment consultant designation. Sky City Stores reports record sales for the year ending Jan 31. Ernest J. O Banion named to NC Innkeepers Assn workshop committee. Federal Reserve survey shows mixed loan and deposit movements across 27 Fifth District banks.
MENTIONED IN THIS ARTICLE
High Point
First Union National Bank
Grover H. Cole
Life Assurance Co
Carolina
William F. Aldridge
High Point Sprinkler Systems, Inc
Aldridge
N.C. State University
National Automatic Sprinkler & Fire Control Assn
Sprinkler Contractors Assn
Board of Regents of
The
National Employment Assn
Marie Williams
Dunhill
C.E.C
N.E.A
High Point Central High School
Williams
Pinion Business College
Sky City Stores, Inc
Ernest J. O’banion
Holiday Inn Downtown
North Carolina Innkeepers Assn
Federal Reserve Bank of Richmond
Fifth
Federal Reserve District
Market Dips After Dollar Devaluation Sparks Losses
The stock market fell slightly last week with the Dow closing Friday at 979.23, down 0.26 from the prior week. The Associated Press average slipped to 323.6 as investors reassessed the dollar devaluation.
MENTIONED IN THIS ARTICLE
Associated Press
Also Mentioned on This Page
Eliot Janeway
Janeway
Gulf & Western Industries Inc
Great Atlantic & Pacific Tea Co
Gulf & Western
A&p
Charles Bladhorn
Ford Motor Co
Ford
Trans World Airlines
Senate Commerce Committee
Penn Central
First Pennsylvania Banking & Trust Co
First Pennsylvania
Occidental Life Inc
Oakwood Homes
Peoples Bank of
Rocky Mt
Phillips Fescue
Piedmont Aviation
Piedmont Real Estate
AID, Inc
SV Planters Bank
Aerotron
Provident Financial
American Furniture
Public Service of NC
I Atlanta Gas Light
Quality Mills
Atlantic Pepsi Cola
Rahal Comm. VW
Auto Train
Redfern Foods
Bancshares
N.C
Reid-Provident Labs
Bankers Trust of
Rex Plastics
Bassett Furniture
Rose’s
Bill Allen
Royal Scotsman
Bi-Lo
Safeguard Auto
Inds
Salem Carpet
Bluefield Supply
Cameron Financial
Southern National
Cannon Mills Nw
Spartan Food System
Carolando Com
Sugardale Foods
Carolando
Super Dollar
Carmine Foods Ae
Synecon Corp
Carolina Caribbean Televent Leasing
4A Textiles, Inc
Carolina Casins
Thalhimer Bros
Carolina P&l
Caro. State Bank
Transport Data Commun
Carolina Steel
Tri-South Mart
Wis
Carolina Wise Flo
Triangle Brick
Cartridge TV
Turner Communications
Caro Corp. N
Unifs Inc
Central Caro. Bank
United Care
Central Vermont
Vermont American
Champion Parts Re
Virginia International
Virginia Shawshares
Charter Bankshares
B. B. Walker Shoe On Charter Co
Chatham
Washington Group
Coca-Cola Co. Consol
Wellington Hall
Cochrane Furniture
West Knotts
Colonial Life
White Shield Co
Colonial Stores
Wiz Corp
Comm. Bank Greensboro
Wright Machinery
Conner Homes
He Context
Daniel Internat. Com
Durham Life Ins
el Paso Electric
Environmental Control
WM Equitable Leasing Farmers New World Life
Fidelity Corp
First Mort
FNB
Franklin Life Ins
Garfinckel Brooks
Guardian Corp
Harrelson Rubber
Heilig Meyers
Henredon Furniture
Hickory Furniture
Home Security Life
Hoover Co
Hughes Supply
Huntley of
York
Integoa Corp
Interstate Corp
Cole
American College of Life Underwriters
Babcock Graduate School of Management
Wake Forest University
Cherokee Life Insurance Co
Nashville, Tenn
United Community Services of
Greater High Point
High Point Church Housing Association, Inc
Nashville Lions Club
Ray
AMS Meeting
High Point Chapter
Administrative Management Society
Holiday Inn
Gilbert Fleming
G.T.I
Floyd Ennis
Marsh Furniture Co
Bob Bridges
Reliance Universal
Hall Printing Company
Nolan S. Williams
Baltimore
Willams
School of
University of Rochester
Rochester
N.Y
Hall Printing
William
Dover
Delaware
University of Baltimore
Nancy
Northgate Court
Asheville
S.C
Georgia, Tenn
Alabama
DOW Jones
Lalond
Twin Oaks
Westchester
N. Main St
Our Office
Robert A. McCuiston
C.L.A
Timothy R. Yates
Integon Life Insurance CO
E. C. Lane
Guardian Life Insurance Company
Wright
Ed Lyon, Jr
North Carolina
Nat. Bank
the Vacuum Center
W. Broad St
Vacuum Cleaner Specialists
Genvic
College Village
George P. Clark
C.S.A
Hayden Place
Wi Business Credit, Incorporated
North Hamilton Street
Mayflower
Granville
S. Hamil
Fred P. Newby
Steve Foster
Craig Newby
Mgr
Mai
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!