Strikes and Penn Central Crisis Dominate Week in Business
President Nixon halted a nationwide railroad strike for 60 days under the Railway Labor Act and appointed an emergency board to probe firemen on diesel engines. Penn Central disclosed debts to utility firms, a major stock collateral dispute, and wage and fare changes as part of its bankruptcy proceedings.
MENTIONED IN THIS ARTICLE
NEW York
Penn Central Co
Nixxon
United Transportation Union
Southern Pacific
Baltimore & Ohio
Louisville & Nashville
Nixon
Penn Central Transportation Co
Philadelphia
Consolidated Edison
Philadelphia Electric
Pennsylvania Power & Light Co
National Cty Bank of New York
Common Stock of
Pennsylvania Co
Nonrail
Free Prizes in Bank Ads: A Look at Hidden Costs
Loeb analyzes bank promotions that offer free gifts with large deposits and long lock-in periods. He explains the true return, tax implications, and how artificial interest ceilings distort savers and the market.
UNCG Expands Business School Offerings In Graduate Courses
Greensboro UNC Greensboro’s School of Business and Economics will add new and expanded graduate course areas in eight fields including economics marketing research and urban economics starting the fall term. Dean Dr. David H. Shelton notes aims to broaden offerings while addressing unmet needs in business administration and economics with priority on adding robust accounting curriculum by fall 1971.
MENTIONED IN THIS ARTICLE
UNCG
Business
Greensboro
David H. Shelton
School of Business
Des. Aero
Mar
Shelton
School of Business and Economics
UNC
Petition to Hanoi Bears 1.2 Million N.C. Signatures
A petition with over 1.2 million North Carolinians calling for humane treatment of Vietnam prisoners was presented to Rep. Nick Galifianakis. The boxes weighing 420 pounds will be flown to his Washington office for delivery to seven nations' embassies.
MENTIONED IN THIS ARTICLE
Raleigh
Nick Galifianakis
Galifianakis
Washington
Seven Nations
Stock Quotes and Interdealer Price Updates
Quotations from ASD reflect prices around 3:30 p.m. Thursday. Interdealer markets vary during the day and quotes exclude retail markups markdowns or commissions.
MENTIONED IN THIS ARTICLE
Wanrae
ASD
Ineo Nced
UNCC Names New Division Head for Architecture
University of North Carolina at Charlotte appoints Robert Graham Anderson to head the new Division of Architecture. Anderson, chair of Miami University’s Architecture and Architectural Engineering Department, will start the post after being named on Friday. Fall 1971 marks the commencement of coursework for the division.
MENTIONED IN THIS ARTICLE
Charlotte
Architecture
University of North Carolina At Charlotte
Robert Graham Anderson
Life Assurance Co. reports best year in six years 1969
Life Assurance Co. of Carolina posts 1969 income of 2,254,011 up 35 percent from 1968 and in force insurance at 14,154,535 rising 6.7 percent. 1968 gains over 1967 were 31 percent and 7.5 percent respectively.
MENTIONED IN THIS ARTICLE
Life Assurance Co
Carolina
Martha Oxenrider elected first woman president of Piedmont Triad club
Martha Oxenrider media director at Harry Gianaris and Associates was chosen as the first woman president for the 1970 1971 term of the Piedmont Triad Advertising Club covering Greensboro Winston Salem and High Point. Officers include Charles Clapp first vice president J Allen Johnson second vice president Sylvia Gamble secretary and Bob Beall treasurer.
MENTIONED IN THIS ARTICLE
Martha Oxenrider
Harry Gianaris and Associates
Piedmont Triad Advertising Club
Greensboro
Winston-Salem
High Point
Charles Clapp
Fmy-Tv
J. Allen Johnson
Jefferson Standard
Sylvia Gamble
WBIG
Bob Beall
North State Engraving
Banks Announce Planned Merger Between Statesville Bank and BB&T
The Bank of Statesville and Branch Banking and Trust Co. announced a planned merger. Approval from stockholders and state and federal regulators is required. Bank of Statesville runs two offices in Statesville while BB&T operates 53 offices in 33 North Carolina municipalities.
MENTIONED IN THIS ARTICLE
R. SS. Dickson, Powell, Kistler & Crawford
Atlanta
Equitable
Peachtree St
The
Bank of
Statesville
Bb&t
North Carolina
Stocks and Bonds Course Offered at Guilford Technical Institute
W. Roger Sharrock announces a five week course in stocks and bonds at Guilford Technical Institute starting Monday evening July 13. Classes meet Mondays and Wednesdays from 7 to 9 p.m. The course aims to give basic stock market and investment knowledge and does not provide stock tips.
MENTIONED IN THIS ARTICLE
W. Roger Sharrock
Guilford Technical Institute
Merger Planned Between Bank of Statesville and Branch Banking
The boards of Bank of Statesville and Branch Banking and Trust announce a proposed merger awaiting stockholder and regulatory approval. Combined resources exceed 235 million dollars. Bank of Statesville has two offices in Statesville while Branch Banking and Trust operates 53 offices in 33 cities and towns.
Post Office Plans Announced for Federal Building
Washington reports a $9.311 million federal office building project in Winston-Salem urban renewal area. The facility will house federal offices a courtroom and a post office, signaling federal presences in the redevelopment plan.
MENTIONED IN THIS ARTICLE
Washington
Winston - Salem
N. C
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George P. Clark
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Branch Banking and Trust Co
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Efferson
Standard
Bettye Packer
Ed Lyon, Jr
C.la
Gatewood Ave
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Robert McCuiston
South Main Street
Integon’ Financial Services
W. High St