Americans Preparing For Trade With Cuba
In New York a Cuban mission official hosted a lunch with Continental Can Co to explore rebuilding and selling equipment for a Cuban cannery expropriated after 1959. The embargo blocks such sales, yet Cubans seek bids from multiple countries as they push a five year plan to export canned fish and fruit juice despite capacity limits.
MENTIONED IN THIS ARTICLE
New York
United Nations
Continental Can Co
Hugo Vedra
Cuba
Fidel Castro
U.S
U.S Cuban
Angola
Les T
Yedra
Washington
Montreal
Mexico City
United States
Havana
Continental Can
Japan
Western
Europe
Canada
Argentina
Castro
Martin Klingenberg
Kirby Jones
Alamar Associates
David Lefevre
Information deficit fuels labor disputes in 1976 economy
AP analysis quotes John Q. Jennings, once mediator and head of Federal Mediation, arguing Americans misjudge profits and wage shares. He cites 1975 corporate figures showing net profits after tax of 21.7 billion on 613.7 billion in sales, a 4.2 percent return, with workers believed to get 75 percent of profits by many, while actual employee share is 9.6 percent of divisible income. Jennings urges full disclosure of income division facts to reduce inflation, strikes, and frictions.
MENTIONED IN THIS ARTICLE
John Kennedy
U.S
Caribbean
Florida
Cuba
Jones
J.S. Joseph Co
John Cunniff
New York
John Q. Jennings
America
Jennings
General Motors
United Auto Workers
Trade Winds Slowdown Is Expected For Credit Explosion
New York—federal policy hints growth in spending will slow with budget deficits shrinking and possible surpluses. A tighter credit environment could stabilize inflation, lower loan rates, and curb the prior decade’s credit boom, though political maneuvering may spur fiscal stimulus to boost employment.
MENTIONED IN THIS ARTICLE
Congress
Connect Corp reports 1975 earnings and year sales
Connect Corporation, Saint Paul, reports 1975 earnings of 1,871,000 or 1.55 per share on 965,594,000 in sales for the year ending November 30. In 1974 earnings were 2,350,000 or 1.94 per share on 75,941,000 in sales. Fourth quarter earnings were 565,000 or 0.47 per share, down from 835,000 or 0.69 in 1974, due in part to a 113,000 unfavorable judgment in a legal action.
MENTIONED IN THIS ARTICLE
ST. Paul, Minn
Connect Corporation
F. T. Weyerhaeuser
Weyerhaeuser
Connect
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MMA
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Washington Group
Tne
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Heach Corp
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Lnvestment L&t
Gherter
Lowe's Go
Sanlerinternat
Mack's
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Ehgraph Inc
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Nowesta
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THE
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High Point
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Spy Ray Hubbard
Piedmont
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Cone Mills
Greensboro
Robert W. Mitler
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Roy L. Barham
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Anderson College
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