Tar Heel Economy Picks Up
Raleigh AP reports North Carolina's economy showed November improvement led by Wachovia's index rising 0.8 to 110.8. Nonfarm payrolls reached a high since May, bank debits up 3.7 percent, and manufacturing hours climbed in October and held in November. Government and services added to gains while trade prices rose 0.3 percent. The GM strike reduced new car and truck sales, but non-durable manufacturing rose with tobacco up 5.6 percent, food and kindred products up 1 percent, chemicals up 1.1 percent, textiles and paper unchanged, and durable goods up 0.4 percent overall but still below last year.
MENTIONED IN THIS ARTICLE
Raleigh
North Carolina
Wachovia Bank , and Trust Co
Wachovia
General Motors
Strikes Foreseen Labor Problems Looming In 1971
The 1971 labor scene faces shocks as five million workers bargain amid inflation and unemployment. Major talks hit rail, aerospace, and coal sectors with wage disputes ahead. Political tension grows between Nixon administration and Democrats over wage, price, and strike controls.
MENTIONED IN THIS ARTICLE
Neil Gilbride
Associated Press
Washington (Ap
Nixon
Congress
White House
National Constructors
Afl-Cio
Can Industry
United Auot
Thealves Fhe Eeikes
Cressen
Yearend Comeback in battered 1970 Stock Market
AP report details a brutal 1970 for Wall Street with steep losses, firm dissolutions, and a planned Merrill Lynch Goodbody rescue. A late-year rally followed, driven by lower interest rates, GM strike settlement, and improved profit outlook for 1971, despite peril for brokers and a shaken market.
MENTIONED IN THIS ARTICLE
Jack Lefler
NEW York (Ap
Battem
Middle East
United States
Cambodia
Wall Street
Amott, Baker & Co
Blair & Co
Dempsey-Tegeler & Co
McDonnell & Co
Orvis Brothers & O
Donald T. Regan
Merrill Lynch
Pierce
Goodbody
New York Exchange
Robert W. Haack
The
Haack
Nixon Gathering Re-Election Team Draws Financial Fire
Trade Winds L Schneider reports that Nixon taps Connally as a blunt political move to shield economic policy amid deficit spending. Kennedy’s ouster reportedly came after his disagreement with the administration’s monetary plan, prompting FRB caution and speculation of a Democratic push for Burns’ job.
MENTIONED IN THIS ARTICLE
Lou Schneider
Alliance
New York
Spira Agnew
Nixon
Texas
John B. Connally
White House
Treasury
David Kennedy
Fede
Ral Reserve Board
FRB
Arthur Burns
Kennedy
Burns
High Point AM Society to Meet January at Top of the Mart
The High Point chapter of the Administrative Management Society will meet January 6 at the top of the Mart. The P.M. session features program chairman I L Haykrader who will introduce Bert Goodson of Monroe International speaking on Everyone's a Salesman. William C. Hilton of North State Telephone Co. will discuss Whats New in Voice Communications. Four new members were accepted at the December meeting: Marlette Baker Dunhill High Point Betty Clark Kay Lyn Jim Cato and Boyd Smith Thomasville Furniture Industries. Bassets Furniture Inc declares a 20 cent extra dividend on record January 11, with payment January 22, plus the regular 20 cent quarterly dividend payable March 1 to holders of record February 19.
MENTIONED IN THIS ARTICLE
High Point
Administrative Management Society
I. L. Haykrader
Harkrader Wills
Bert Goodson
Goodson
Monroe, International
William C. Hilton
North State Telephone Co
Hilton
Bassets Furniture Industries, Inc
Key Company reports earnings for year ended Oct 31 1970
Key Company of Greensboro builder of housing and mobile homes shows net yearly earnings of 17976 for the year ending Oct 31 1970 on 828054 shares, a sharp swing from prior year loss. Fourth quarter earnings reached 239098. Total sales were 17528416, down 1234439 from prior year as mobile home sales rose 1741682 while residential housing fell 2976121.
MENTIONED IN THIS ARTICLE
Key Company
W. Griswold Smith
The
Florida
Dividend set Henredon Furniture pays 15c quarterly and 5c extra
Indus tries, Inc. votes to pay a regular quarterly dividend of 15 cents per share on Henredon Furniture common stock and an extra non recurring 5 cent dividend. The payment date is February 1 to shareholders of record January 11.
MENTIONED IN THIS ARTICLE
Henredon Furniture. Industries, Inc
Realty Transfers in Jamestown and Deep River Townships
A compilation of real estate transfers across Jamestown township Deep River and adjacent areas. Names include William G. Ragsdale Jr Edward Spivey Ray Cromer Alfred Dennis Ned Briley Earl Shally Donne Shatly Larry Shally Smilth Shora Oil Co D R Harris Carroll Burns J Thomas Fulrall R A Phipps Kenny Monon Metropolitan Investment Co Ray Booth William Osteen Urbanistics Ltd Eva Mat singer Daniel Hall Jr Julia Davis Lilly Davis Odell Pegram Jr and others transferring parcels in Forestdale Lakeview Habohts Golden Triangle Westminster Village and Flying Acres with Road 1834 Potts Road and Springfield Road noted.
MENTIONED IN THIS ARTICLE
Jamestown
William G. Ragsdale, Jr
Wey
Don Soillis and Associates, Inc
Forestdale
Edward E. Spivey
Ray C. Cromer
R. Samuels
Alfred J. Dennis
Springfield Road
High Point Township
Ned H. @rjiey
Lucila Briley
Lakeview Habohts
Earl W. Shally
Deep River Township
Metropolitan Investment Co
Roy Me Booth
Golden Triangle Country Club Estates
Ray M. Booth
William Ostean
Willam L. Osteen
David R. Jones
Urbenistics, Ltd
Westminster Village
David J. Motsinger
Eva L. Matsinger
Calvin BD. Connell
Daniel R. Hall, Jr
Potts Road
Urbanistics, Ltd
David L. Motsinger
Eva L. Motsinger
Calvin R. Connell
Danial R. Hall, Jr
Julia Bs Davis
Lilly R. Davis
Flying Acres
Odell .T. Pegram Jr
Denaldée
Redding Sr
Also Mentioned on This Page
Eula
Aerospace
United Mine Workers Union
W.A
Tony” Boyle
Boyle
Joseph A
Jock” Yablonski
Yablonski
Labor
Nathaniel Goldfinger
Goldfinger
DOW Jones
FMAM
New York Stock Exchange
United
Gilbert H. Clinard
Eh Peat
Ed Lyon, Jr
George P. Clark
C.L.A
Hayden Place
Telephone
Single X Reproductions, Inc
Westwood
Ebusiness Notes
AMS
By Ray Mubuar
Eee
Cooper D.cass Co
N. Main St
Robert McCuiston
South Main Street
Intego Financial Services
Mary Humphreys
STEN
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