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High Point Enterprise in High Point, North Carolina

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Jan 20, 1974

Page

3

Economic Slowdown Reported

The Commerce Department reports 1973 growth slowed late in the year with 4th quarter GNP up 1.3 percent, inflation at 7.9 percent. Full year inflation reached 5.2 percent as factory output slipped in December. Personal income rose 10.3 percent to about 1.04 trillion, while inventories climbed 1.5 percent in November amid uneven sales gains. Some gas producers reportedly sought to buy reserves to curb market supply and push prices higher.

Stephen H. Miller AP Business News New York Commerce Department Federal Reserve Board Federal Power Commission FPC Wichita Kan

Cattle prices rise adding pressure to retail meat costs

Live slaughter cattle have climbed from last fall lows with economists predicting stronger prices through winter. By early January Omaha feeder cattle hit about 51 dollars per 100 pounds, the strongest in five months, while wholesale beef carcass hovered near 51 dollars.

Don Kendall Washington Agriculture Department John L. Huston National Livestock and Meat Board Chicago Huston Omaha Neb

Piedmont Textile Chemists Meet In Charlotte Jan Week

The Piedmont section of the American Association of Textile Chemists and Colorists will hold its winter meeting January 23 to 26 at the Holiday Inn in Charlotte. Jack King of Verona Dyestuffs in Rock Hill S C will speak Friday on a systematic approach to acrylic dyeing. Sterling Pitt of Radiation Systems in Midland Park New Jersey will discuss infrared systems for drying and heat setting on Saturday after an open officers breakfast.

Piedmont The American Assn. of Holiday Inn Charlotte Jack King Verona Dyestuffs Rock Hill S. C Sterling Pitt Radiation Systems Midland Park N. J

Market Gains Help Stocks Rise Amid Embargo Hopes

The stock market posted modest gains last week with the Dow Jones average closing at 855.47 on Friday, up 13.99 from the prior week, and The Associated Press average at 287.9, up 1.4. Analysts cited hopes for an early end to the Arab oil embargo as a factor boosting prices.

Associated Press

Bank Robbery Arrest Made in New Haven Conn

Charles T. Campbell, 27, sought in the June bank robbery of the First National Bank of Anson County in Morgan, North Carolina, has been arrested in New Haven, according to FBT statements issued Saturday.

New Haven, Conn Charles T. Campbell First National Bank of Anson County Morgan, N.C FBT

First Federal names Carpenter to board at annual meeting

Harvey A. Carpenter Jr. elected to First Federal Savings and Loan Agssn board. he and family reside in Erwin Heights Thomasville and he is executive vice president at Carolina Underwear Co. Re elected directors include Covington Dobbins Rawley Davis Freeman Horney Lyles Amos Rankin Thomas.

First Federal Savings and Loan Agssn Harvey A. Carpenter Jr Carpenter Erwin Heights Thomasville Carolina Underwear Company George Covington J. D. Dobbins D. A. Rawley Robert Davis George Freeman W. A. Horney, Jr George Lyles, Jr

Also Mentioned on This Page

Douglas L. Bendell Bendell National Association of Securities Dealers Aerotron Me American Allanta Gas Light Atlantic Pepsi Colanya N.C. WA Bankers Trust Bassett Furniture Beaman Corpfone Carolina Steel Carolina Wise Central Cara Bank Central Vermont Oeb Oh Charter Co PFO Chatham Mfg C&s Corp Gastonia Coca-Cola Co. Consol Liberty Bank & Trust None Life Assurance of Care A Little Giant Mack's Stores Sma Multimedia Wa Ava Ncnb Corp. Ih Northwest Fin Corp Vale Wits da Occidental Life Ins Oakwood Homes Ozite Sma Sam Soloman Sun Sea Pines Bio Security Finance Corp Shoneys Big Boy Sonata Products S.C. National Corp Southern Nat Corp Southern Nat Debs Spartan Food Systems Super Dollar Synercan Corp Telerent Leasing Fea Sues DOW Jones Tra Des We Ther Bonnie Horney West High Street sBy Ray Hubbard Association First Federal D.A. Rawley W. Vance Kester Ruth S. Bennett Paddy C. McDowell James B. Lovelace Spinning Wheel Discount Salvage S. Main St Betty Hammitt Discount Salvage Outlet E. Kearns St T. B. Hammitt George. E.freeman Wm. F. Freeman Associates High Point Robert P. Boone, Jr Vernon L. Boland Freeman Associates Caribbean St. Thomas Virgin Islands Freeman Associates International North Carolina National Bank Wilmington Carolina Cape Fear Corporation Boone YMCA Wesley Memorial Church Washington, DC Madrid Latin America Boland South Carolina University of South Carolina Ohio Ject General Electric Co H. K. Porter Company Diamond Crystal Salt Company Becton-Dickinson Company Charleston Rubber Company Otis Sain Greensboro Burlington Industries Sain Burlington Hillcrest Silk Mills West Friendly Avenue Baghdad N. Main Mir Bob Baker Dunhill Acta Crete Mayflower Granville Moving and Storage S. Hamilton St Fred P. Newby Steve Foster MGR Craig Newby Matsuri George P. Clark C.L.U RT Ae Ee Lindsay Street Lt Physicians Planning Service Corporation CUO Eae CeCet Ty Net Equity Services Corporation CTO UCR Il
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