Foreign economic problems called the most serious in 1969
UNCG economist Dr. David H. Shelton warns that the international monetary system and U.S. balance of payments deficit pose the era’s gravest economic risk. He urges reform, downgrading gold’s role, and flexible exchange rates, while forecast that inflation should ease and growth continue in 1969 despite tighter credit.
MENTIONED IN THIS ARTICLE
Greensboro
United States
University of North Carolina At
David H. Shelton
Department of Economics and Business Administration
UNCG
Jim
Shelton
Latin America
Mexico
U. S
Dr. Shelton
Leftists chase Indian official at rally near Calcutta
Leftist mobs, mainly students, chased and stoned deputy Prime Minister Morarji Desai’s car as he headed to a rally in Jharia, about 150 miles northwest of Calcutta. Desai urged votes for Congress for stability and to keep out the Communists, who he blamed for disturbances. Mobs later stoned his return car. he was unhurt though the windscreen was damaged.
MENTIONED IN THIS ARTICLE
Calcutta
India
Morarji Desai
Jharia
Desai
Congress Party
Dhanbad
New Upholstered Furniture Plant Opens in Southeast
Ken Campbell, Inc opens a new facility on Highway 185 at W Green Drive, to produce traditional and Early American styled living room furniture. Kenneth A. Campbell and W Glenn Sexton lead the firm, targeting Southeastern states initially.
MENTIONED IN THIS ARTICLE
Highway 185
W. Green Drive
Ken Campbell
Banking Program Teaches Students About Community Banks
NCNB launches a five year public service program You and Your Community Bank for junior and senior high students in High Point and Guilford County. The program uses filmstrips records and songs to show how checks are written cleared loan processes and other bank services including safe deposit boxes. Twenty-two principals and teachers from eight local schools attended a NCNB dinner and presentation led by Robert P Boone Jr. The program will be offered across 14 North Carolina counties with participating schools choosing class placements.
MENTIONED IN THIS ARTICLE
High Point
Guilford County
North Carolina National Bank
NCNB
You and Your Community Bank
Robert P. Boone, Jr
North Carolina
A. J. Griffin
Northeast
Ferndale Juior High
Jamestown
Allen Jay High School
Ragsdale High School
Central High School
T. Wingate Andrews High School
Faithful Dog Guards Woman Fatally Wounded in Indianapolis
Regina Ellen Kane, 39, partially blind and deaf mute, died in hospital after a Friday collision with a truck in Indianapolis. Police subdued the truck guard dog with chemical mace.
MENTIONED IN THIS ARTICLE
Indianapolis, Inc
Indianapolis
Regina Ellen Kane
Bank Debits Rise Across North Carolina Centers in December
North Carolina's major reporting centers show higher December debits versus a year earlier, per Federal Reserve Bank of Richmond data. Growth appears in Wilmington, Greensboro, Charlotte SMSAs, and other centers with substantial increases among banks and real estate funds, led by Wachovia and regional lenders.
MENTIONED IN THIS ARTICLE
North Carolina
Federal Reserve Bank of Richmond
NASO
Alba Waldensian
American Fidelity
American Sec
Attonia Gas Light
Barber Greene
Bassett Furniture
Iegutabie
Fayetteville Farmers New World Bee
Elgelay Core
Satate
Abig
Franklin
SMSA
FrankIn Realty
Ignetinekes
Bigoks Bros
Ote
Mys
Teblis
Hardees Sys. Com
YY Harris Teeter
Durham Nemb Sacvile
Liberty Atl
Wilson
Aroua
Lowes Companies Sé
MPB Corp
Kinston
Nat. Dev. Corp
Philips Farne
Richmond
Istrict
Piedmont Natural Gazes
N.C
So Roberts
Dla Roses
Rowe Furn
Ruddick
Sorg Paper Co
State Capital Life
TCO Industries
Televent Leasing
Triangle
Vermont American
Wachovia
Walker B. B
Western Carolina
Tal
Wix Corporation Bio
Hennis Freight Lines Announces Red Ball Express Purchase
Hennis Purchase Hennis Freight Lines, a Winston Salem carrier, will buy the capital stock of Red Ball Express Company of Denver. Approval by the Interstate Commerce Commission is required. At Central Savings Bank annual meeting Dr John F Lynch Jr was elected director.
MENTIONED IN THIS ARTICLE
Hennis Freight Lines, Inc
Red Ball Express Company
Denver
Colo
Hennis
Interstate Commerce Commission
Central Savings Bank
John F. Lynch,Jr
Lynch
High Point
Erwin
North Carolina
UNC
Chapel Hill
Jefferson Medecal
Philadelphia
Atlantic City Hospital
St. Louis Children’s Hospital
Philadelphia Children’s Hospital
Crest Labels announces employee profit sharing plan
Crest Labels Inc. unveils a profit sharing retirement plan for all workers with benefits starting at 65, early retirement at 55, disability and survivor benefits. The company covers all costs. Crest Labels, established 1962, makes embossed foil and paper labels and serves the U S market from High Point. Walter Sohnchen, the president, credited team effort for growth. Charles D. Van Hook joins Thomson & McKinnon as a registered representative after completing T&M training and passing NYSE NASD and Chicago Board of Trade exams. He is a High Point Central High School and High Point College graduate living at 1115 Tabor Street.
MENTIONED IN THIS ARTICLE
Crest Labels, Inc
Walter Sohnchen
High Point
Crest
Carolinas
United States
Charles D. van Hook
Thomson & McKinnon Inc
R. Donald Phillips
van Hook
T&m
New York City
New York Stock Exchange
National Assn. of Securities Dealers
Chicago Board of Trade
High Point Central High School
High Point College
Pilot Life Insurance Co
High Point Sprinkler Co
Tabor Street
More Joins Lester Clark Real Estate as Sales Manager
Dick More, now associated with Lester Clark Real Estate as sales manager, is married to Kay Kennedy of Thomasville. The couple has a daughter, Tracy Lynn, and resides on Route 4 in Thomasville’s Hasty Community.
MENTIONED IN THIS ARTICLE
Frank R
Dick) More
Lester Clark Real Estate
More
Kay Kennedy
Thomasville
Tracy Lynn
Rt. 4
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Federal Reserve
Asay Motor CO
LE Hae
LEWIS
Security Life and Trust Company
Integon
Integon Corporation
Robert A. McCliston
High Point Bank Bldg
Integ Corporation
Hennis Purchase
Ray Hubbard
Myron H. Folger
W. J. Frastier
Richard D. Meisky
R. 5. Folger
J. H. Froelich, Jr
Delos S. Hedgecock
Folger
Crest Labels
Telephone
Single X Reproductions, Inc
Westwood
David W. Adams
Ness & Personal Insurance Service
Prudential Insurance Co. of America
Hornblower & Weeks
Hemphill Noyes
W. Friendly Ave
G. Jones
Res
Chanes E. Diffendal
Persongl
Business le Insurance
Lane
Jefferson Standard
The
Travelers
Hartford
Conn
John Diefendal
Piedmont Insurance Home & Realty Company
North Wrenn St
Association of Consulting Management Engineers
J. Sturgis May & CO
North Carolina Bank
Professional Life Insurance Service
Hayden Place
Lyon Cl.u
Geo. P. Clark Glu
Manp
W. High St
Irs Co “Business LLC
Cary Ac Group Een Be
Uma
Diet Life