Early 1971 economy seen improving but doubts linger
AP reports the first full week of 1971 shows easing interest rates and a Nixon promise of better times, while 1970’s inflation and unemployment linger. Analysts warn real growth may stall, with forecasts ranging from 4 to 6 percent unemployment by year end and inflation near 5 percent, as policy aims mix expansion with price stability.
MENTIONED IN THIS ARTICLE
Linda Rubey
NEW York
Nixon
Federal Reserve Board
Federal Reserve Bank of St. Louis
First Pennsylvania Banking & Trust Co
Market Opens Year With Tepid Start on Wall Street
The Dow Jones industrial average closed at 837.01, down 1.91 from the prior week, while the AP 60-stock index rose 2.6 to finish at 293.2.
MENTIONED IN THIS ARTICLE
Associated Press
Stock Quotes Interdealer NASD Prices Near 3 P.M.
Quotations from the NASD represent interdealer prices around 3 p.m. Thursday. Interdealer markets move throughout the day and do not include retail mark-ups, markdowns or commissions.
MENTIONED IN THIS ARTICLE
Associated Press
Real Estate Transfers in High Point Township area
A compiled list of property transfers showing numerous deeds in High Point Township Davidson County. Transfers include land parcels on Camden Avenue Grace Street Emerywood subdivision Golfcrest subdivision St Elm Street Pinewood Mary Franklin Pleasant Acres Oakview Estates and other streets. Several transfers note parcels in Thomasville Township.
MENTIONED IN THIS ARTICLE
High Point
Billy T. Hylton
John M. Nunney
Camden Avenue
Robert C. Malpass
Thomas D. Walters
Grace Street
Griswold
Daniel G. MacIntyre
Emerywood
John F. Woodson
Phil E. Butler
Golfcrest
Rosa Ritchie
Robert F. Hiatt, Jr
St. Elm Street
Robert D. Moore
D. A
William D
Pinewood
Susen P
John W. Catlin
J. J. Yarbor
William Hunsucker
Walter A. Jones
Emerywood Forest
Clyde
Draughn, Jr
Glen M. Welborn
James A. Davis
Reeceland
Everett
Williams
Ronald K. Newman
Lindale
Bessie
Gregory
Barbara C.ingram
Security Development Co
Thomas Wayne Moore
Mary
Worth
Franklin
N. Hamilton Street
Tobias J. Embler
SMB Management Co
Sherwood Park
Woodrow W. Parker
Jerry K. Spivey
Dorothy Street
Welborn R. Malpass
James B. Hobbs
Rolling Acres
Letha B. Towery
Elmer M. High
James G. Ritch
Canaan, Inc
Walter F. Thomas
Brokers, Inc
Denson
Lola
Cartwright
Sera B. Davis
Washington Street
Joan R. Scott, Jr
Mary M. Hewls
Francis Street
W. H. Albertson
John L. McKenzie
Sunset Drive
Thomasville
Davidson County
Holidays Observed Across U S and Canada Offices
A survey by the Administrative Management Society of nearly 700 members shows U S offices observe New Year s Day Christmas Thanksgiving Independence Day and Labor Day at 100 percent. Memorial Day 95 percent, Good Friday 40 percent, the day after Thanksgiving 39 percent, Washington s Birthday 36 percent, Veteran s Day 19 percent, Christmas Eve 26 percent, Columbus Day 13 percent, New Year s Eve 10 percent, Election Day 7 percent, Lincoln s Birthday 6 percent, Easter Monday 5 percent. In Canada observers are near universal for New Year s Day Christmas Thanksgiving.
MENTIONED IN THIS ARTICLE
The
Administrative Management Society
U.S
Canada
Washington
Business chiefs back anti inflation stance to tame wages
Dun's panel of corporate leaders sees wage costs as the main 1971 inflation driver and supports White House action. They anticipate the 18 percent month downturn is over but warn wage gains must match productivity. Most oppose stringent import protection while urging decisive administration action. Marvin Chandler of Northern Illinois Gas cites jawboning as insufficient.
MENTIONED IN THIS ARTICLE
White House
Dun’s
Marvin Chandler
Northern Illinois Gas Co
Upturn Seen in Furniture Industry Amid Moderate Gains
The November business report shows new orders up 1 percent and shipments down 2 percent versus 1969, indicating a mild upturn. Backlog fell 5 percent, employment down 6 percent for the year, and the average workweek stood at 38.1 hours with a 6.3 week delivery period. Burlington Yarn Co names Bruce D. Hodges Jr. as president, outlining his background and duties.
MENTIONED IN THIS ARTICLE
John M. Snow
National Association of Furniture Manufacturers
NAFM
Miller Named to Pilot Life Field Advisory Committee
C P Miller of Miller, Point district manager for Pilot Life Insurance, was elected by managers from a four state area to serve on the field advisory committee. He will meet with Pilot officials to discuss operating procedures, new products and field recommendations.
MENTIONED IN THIS ARTICLE
C. P. Miller
Point
Polot Life Insurance Company
Combination Division
Miller
Piedmont Maintenance Co Opens Cleaning Service
Jim Crawford, a 15 year sanitarian with Guilford County Health Dept, opens Piedmont Maintenance Co at 700 Runyon Dr. The firm provides complete cleaning for homes, offices and industry including carpets walls windows and floors.
MENTIONED IN THIS ARTICLE
Jim Crawford
Guilford County Health Dept
Crawford
Piedmont Maintenance Co
Runyon Dr
New Agency Central Carolina Collection Agency Inc Opens
A new debt collection agency, Central Carolina Collection Agency, Inc, has opened its doors. The firm aims to provide local businesses with quick and compliant accounts receivable services and consumer support.
MENTIONED IN THIS ARTICLE
Central Carolina Collection Agency, Inc
Davis Joins Romeo Guest Associates in Greensboro
C Wade Davis of High Point has joined the construction department at Romeo Guest Associates and will work from the Greensboro headquarters. A North Carolina State University alumnus with Air Force service, he studied drafting and architecture at Guilford College and has been a licensed general contractor for over 20 years.
MENTIONED IN THIS ARTICLE
C. Wade Davis
High Point
Romeo Guest Associates
Greensboro
Davis
N.C. State University
U. S. Air Force
Guilford College
Also Mentioned on This Page
Jas O
JFMAM
DOW Jones
Rel
Thur
Devoe — Mortgage
Cato Stores
CMC Finance
Carolina Caribbean
Carolina Sorna Cochrane Furna
Conner Homes
Cameron Brown Unites
Cameron Brown Com
Cameron Brown Wits
First UN Nat Bancorp
Franklin Life
Idian Care
Southern Nat Corp
Textiles
Telerent
Wachovia Realty
Western Car
Wright Machinery
Eee
Ed Lyon, Jr
C.la
Gatewood Ave
Dun
Dun & Bradstreet Business Monthly
ST. Patrick's Day
Gilbert H. Clinard
College Village
George P. Clark
C.S.A
Hayden Place
Ray Hubbard
Bruce D. Hodges Jr
Burlington Yarn Co
Burlington Industries, Inc
Kinston
Hodges
North Carolina State University
Burlington
U.S. Navy
Banlo
Gastonia
Lakedale
N. Main St
T. EB. Drye
L. P. White
E. Westweoed
Mary Humphreys
W. High ST
Anwrual
SAS
Treonahene
ANN. A
Robert McCuiston
C.L.A
South Main Street
Qintegon’ Financial Services
Polist
Cal
Careers
Washington, D.C
Advertising Council
International Advertising Laccatives