New Game Plan Signals Shift in Inflation Fight
AP reports signs the Nixon administration may back some private sector inflation curbs. Herbert Stein hints at possible incomes policy while Nixon promises action to slow inflation in construction. Administration has avoided wage and price controls despite calls from business leaders and economists. Jawboning and alerts have been used to steer price increases.
MENTIONED IN THIS ARTICLE
Carole Martin
AP Business
NEW York
Nixon
Herbert Stein
Council of Economic Advisers
Congress
Stock Quotes and Policy Shifts Hit Markets
Interdealer NASD prices near 3 p.m. Thursday show markets fluctuating. The administration trimmed home loan rates to 7 percent, aiding middle income buyers and reducing monthly costs on a 25 000 mortgage. Banks cut corporate loan rates, marking ongoing decreases since last spring. Proposals include debt limit rise and repeal of bond interest cap, while AT&T seeks 150 million more common shares and 50 million preferred. FDA proposes safety standards for fixed combination drugs amid price moves. Oil firms pay Persian Gulf nations 1.2 billion more revenue to prevent supply cuts. AFL CIO argues for rail nationalization, and Nixon calls for broad private health insurance coverage.
MENTIONED IN THIS ARTICLE
Stein
New York
Federal Housing Administration
Veterans Administration
Congress
Commerce Department
Labor Department
Nixon
Plan Your After-Work Route for Retirement Help
A speaker urges telling the Listener where you will go after work to receive guidance on achieving retirement goals with Entegon insurance and related financial services assistance. The message promotes using Entegon’s resources to build a secure future.
MENTIONED IN THIS ARTICLE
Entegon Insurance
Towne Theatre hires Homer Lynch Jr as manager in High Point
Homer Lynch Jr a Winston-Salem native and 16 year motion picture veteran named manager of the Towne Theatre in High Point from Rocky Mount Center Theatre He has managed in Winston Salem and Lenoir and is married to Alverta Linville They plan to move to High Point as housing is found Cecil Winstead promoted to Yorktowne Theatre Durham R A Wall named Brown Biegel sales rep for the triad area in Greensboro Winston Salem High Point area succeeding J C Fuller who died last fall The Allied Van Lines study notes North Carolina as an inbound magnet state with 55 percent inbound shipments in 1970
MENTIONED IN THIS ARTICLE
Homer Lynch Jr
Winston-Salem
Towne Theatre
Rocky Mount
Center
Lynch
Winston Salem
Lenoir
Alverta Linville
James A. Walker
High Point
Cecil G. Winstead
Towne
Yorktowne
Durham
R. A
Bob) Wall
Greensboro
Brown & Bige
Low
Triad
Walla
J. C. Fuller
NCNB picks Clinard for Burlington marketing post
Clinard, a High Point native, has been named marketing and commercial loan officer in NCNB's Burlington office. He is assistant vice president, a graduate of High Point High School and High Point College, and joined NCNB in spring 1960. Parents live at 608 Oak View Rd in High Point.
MENTIONED IN THIS ARTICLE
Dudley By ‘Clinard
High Point
Burlington
North ‘Carolina National Bank
Clinard
High Point High’ School
High Point College
NCNB
Garland C. _ Clinard
Oak View Rad
Debts Rise in NC Banking Districts in January
Debits increased in all but two of North Carolina's major banking centers in January compared with the same month last year, according to figures released by the Federal Reserve.
MENTIONED IN THIS ARTICLE
North Carolina
Bankers to Meet for 16th Annual North Carolina Event
About 200 bankers are expected to register for the 16th annual meeting of the consumer credit division of the North Carolina Bankers Assn. Tuesday and Wednesday February 23 24 at Pinehurst. Speakers include Bland Worley president of the NC Bankers Assn and Wachovia, Sen. David Flaherty, John W. Holton of the American Bankers Assn. and others from Wachovia, Third National Bank Nashville and Marine Midland Bank Buffalo.
MENTIONED IN THIS ARTICLE
Consumer Credit Division
North
Carolina
David Flaherty
Lenoir
John W. Holton
American Bankers Assn
Washington
Gayle Gupton
Third ‘National ‘Bank
Nashville
Tenn
John V. Williams
Harvey J. Paquette, Jr
Yegen
Northfield
Ill
Donald Cielewich
Marine Midland Bank
Buffalo
N.Y
Also Mentioned on This Page
Oui
N_D
Tuas
Thur
DOW Jones
Jason
Fai
Associated Press
NASD
Atlanta Gas Light
Ruddick Commons
Barber Greene
Com Bassett. Furniture
Ruddick
Billups West
Gonoco Pros
Bank of NC
Brenner Industries
Southern Nat Carp
Spartan Foods
Brush Beryllium
Trans Gas Pipeline
Buckbee Mears
Triangle Brick
Carmine Foods Cas
Vermont American
I Carolina Cas
Walker, BB Shoes
Carolina Caribbean
Caroling Fgt
Wellington’ Hall
Carolina P&l
Wright Machinery
Carolina Steel
Carolando Wise
Carolando Com
Pal Carolando
Central Vermont
Chatham Mfg Co
Cochrane Fur
Colonial Stores
Conner Homes
Craddock Terry
Durham Life
Equitable Leasing
Fidelity Car
First UN Nat Bancorp
Franklin Life
Garfunckel Eros
Brs
Georgia Internat
Guardian Car
Haralson Rubber
Henredon
Integoa Corp
Joslyn Mfg
Kaiser Steel 1
Kewaunee Setf
Knape & Vogt Mfg
Life of Carolina
Lowes Companies Ate
George P. Clark
C.S.A
Hayden Place
AIF
High Point Greensboro
N.C
Integon Financial Services
Robert McCuiston
C.L.A
South Main Street
Ray Hubbard
Wall
Allied van Lines, Inc
Broadview
Til
Illinois
Ohio
Ncnb Post
Bank of Richmond
Raleigh
Great
Florl
Arizona
California
Winston -Satem
Wilmington
Smsas
Wilmington Smsa
Charlotte Smsa
Fayetteville
Wilson
Hickory
Kinston
Bankers
Ed Lyon, Jr
C.la
Gatewood Ave
Telephone
Westwood
Jan Sedberry
Seedberry
Snelling
Snelling and
Jan
Sears and
SAVE
Sears
Wrenn St
High Point,n.c
Searsee
Sears, Roebuck and CO
Cau
Janet Tompkins
Temporary Help Service
High ST
Maksomen
Joyce W. Blair
J. Ivan Jester
Ideal Personnel, Inc
A. Cam
Gilbert H. Clinard
Robert Elliot
Transcon Industries, Inc
International Dynamics Corp
W. Katella Ave
Anaheim
Inal & Data
Eben
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