Inflation signs persist as 1969 ends with tax reform
The year closes with stubborn inflation hints as Nixon signs a broad tax reform bill subwaying spending cuts and tax cuts. Shultz warns of a tough 1970 while prices rise in copper and steel and mortgage ceilings jump to 8 percent amid housing shortages.
MENTIONED IN THIS ARTICLE
Nixon
Congress
George P. Shultz
Gram
Jerome W. Hull
Bethlehem Steel Corp
Federal Housing Administration
Veterans Administration
Primary 1970s Challenge Business and Customer Relations
AP survey of 1960s failing business consumer relations notes rising expectations, regulation, and consumer activism from Ralph Nader to the Chamber of Commerce. It questions whether firms can adapt quickly to avoid stifling regulation and whether the system can reform without harming free enterprise.
MENTIONED IN THIS ARTICLE
New York
Washington
Ralph Nader
Chamber of Commerce
United
America
Stock price quotes from midafternoon interdealer market
Interdealer prices show bids and asks for a range of stocks and financial names as of roughly 3 p.m. Thursday. The listing includes firms such as Carolina Freight Carriers, Colonial Stores, First Union, NCNB, and Occidental Life with bid and ask figures noted.
MENTIONED IN THIS ARTICLE
American Institutional Dev
Atlanta Gas Light Barber Greene Bassett Furniture
Brigadier Ind. Corp Brush
Beryllium
Buckbee-Mears
Carolina Freight Carriers
Carolina Pwr
Carolina Wholesale Flo Central Carolina Bank Central Vermont
Colonial Stores
Durham Life Equitable Leasing
Farmers New World First
First Union Natl
Bancorp
Garfinckel
Brooks Bros
Medic Homes
National Food
Ncnb Corp
Northwestern Financial Occidental Life
Bernhardt Acquires Orbit Industries in Lenoir
Bernhardt Industries has acquired Orbit Industries at Lenoir for undisclosed terms. Orbit, a producer of promotionally priced chairs, will join Bernhardt Furniture Co. Orbit has been in business about one year. Bernhardt offers case goods and upholstered furniture under Bernhardt Flair and Hibriten.
MENTIONED IN THIS ARTICLE
Bernhardt Industries
Orbit Industries
Lenoir
Orbit
Bernhardt Furniture Co
Bernhardt
Bernhardt, Flair and
Hibriten
Solomon's Reign Said to End in 926 B C
The text notes King Solomon ruled until his death in 926 B C and mentions the Bible's round figure of forty years for the length of his reign. It provides no exact accession date.
MENTIONED IN THIS ARTICLE
Solomon
Tar Heel Bankers Predict Slowdown 1970 Economic Outlook
North Carolina bankers foresee slower economic expansion in 1970 with profits about five percent lower than 1969. Loan rates stay steady to slightly lower amid money shortages. Unemployment may rise slightly. housing construction similar or up, while commercial building trends down slightly. William H. Stanley of Rocky Mount cautions a trial year without real growth.
MENTIONED IN THIS ARTICLE
North Carolina
William H. Stanley
Rocky Mount
NCBA
Broyhill Unveils Artistic Accents Accessory Line
Broyhill Furniture Industries in Lenoir plans a complete accessory line named Artistic Accents. The 110 items priced from 10 to 40 dollars cover prints frames sconces and accent pieces. Prints are imported and hand processed while other items are made in Lenoir for Premier Division merchandising. Jack Foster named assistant merchandise manager oversees the program.
MENTIONED IN THIS ARTICLE
Broyhill Furniture Industries
Lenoir
Chicago
Paul H. Broyhill
Broyhill
Jack Foster
Tow! Made While You Wait at 3x5 Inch Maximum
A compact notice announces on site services for making 3x5 inch to 10x15 inch lettered pages from bound materials without removing staples or clips. It emphasizes on demand, immediate production, and the restriction on altering bound items.
Listener Named as New Face for INTEGON Subsidiaries
A year after forming INTEGON Corporation the firm renamed all subsidiaries to reflect how they serve customers. The Listener is highlighted as the key contact capable of designing a tailored balanced financial program. Contact him soon for personalized service.
MENTIONED IN THIS ARTICLE
Integon Corporation
Listener
Cosmetics Firm Carte Cosmetics Opens in High Point
Carte Cosmetics, Inc. of High Point begins operations with about 50 retail dealers receiving supplies and promotional materials. The firm is led by two couples, with Hazel Cater as president and Diamond Carter as treasurer, aiming to distribute full-line cosmetics in North Carolina cities and select outlets in Atlanta and Virginia.
MENTIONED IN THIS ARTICLE
Carte Cosmetics, Inc
High Point
Diamond Carter
Bill Redman
Hazel Cater
Redman
Herbert Redman
Carter
Charlotte
North Carolina
Atlanta
Virginia
Kroehler Mfg. Delivers Caution on 1969 Earnings
Kroehler Mfg. Co projects 1969 earnings below 1968 despite a 2 percent rise in shipments. Chairman Kenneth Kroehler cites higher operating costs and the need to maintain competitive pricing as reducing margins in the fourth quarter. He notes weak U.S. wood furniture earnings, higher training costs for the Newport Tennessee Relaxer chair plant, and gains in lumber processing, Murphy-Miller office furniture, and Canadian plants.
MENTIONED IN THIS ARTICLE
Kroehler
U. S
Newport
Tenn
Meridian
Miss
Shreveport
Murphy-miller
Record Achievements Mark October Life Insurance Surge
A new October high of 10.6 billion dollars in ordinary life insurance purchases was reported by the Institute of Life Insurance from Life Management Assn data. The month set a record with 978000 new policies, reflecting a 19 percent rise from September and a link suggested by observers to stock market declines.
MENTIONED IN THIS ARTICLE
The
Institute of Life Insurance
Life Management Assn
Institute
Marsh celebrates 20 years with New York Life in High Point
Marsh Cited G. Reid Marsh of High Point marked his 20th anniversary as a New York Life Insurance Co agent on December 31. Wade H. Clayton, Winston-Salem general office manager, announced the honor at a luncheon where Marsh received a plaque.
MENTIONED IN THIS ARTICLE
Illinois Central Railroad Co
Chicago
Pacific Telephone
San Francisco
New York City
G. Reid Marsh
High Point
New York Life Insurance Co
Wade H. Clayton
Winston-Salem
Also Mentioned on This Page
Tae
Tar Heel
E. Westwood
Robert McCuiston
C.S.A
South Main Street
Integon’ Financial Services Life and
Hornblower & Weeks
Hemphill Noyes
New York Stock Exchange
Friendly Ave
Greensboro
Geo. G. Jones
Charles E. Diffendal
David W. Adams
NCNB
Prudential Insurance Co. of America
Ray Hubbard
Davenport
Kenneth M. Davenport
University of North Carolina At Chapel Hill
North Carolina Blue Cross and
Blue Shield, Inc
Guilford
Alamance
Davidson
Person
Randolph, Lee, Chatham
Rockingham
CMC
C. Raymond Faircloth
Knitwear
Winston- Salem
Faircloth
John D. Green
Lakeland, Fla
Hanes
Scranton
Georgia Tech
Marsh
Lane
Jefferson Standard
American Sentry Systems
E. Washington
Professional Life Insurance Service
Hayden Place
Geo. P. Clark
C.L.U
Lyon
Labere
W. High
SC Mehl
Temay Ua
Edgar T. Docbrow
Vite Jimells Ctt Bank
Bidg
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