Strikes Spread Across Nation Hit Businesses and Transport
Labor troubles this week hit various sectors as 400,000 AT&T workers struck after rejecting a wage package. Rail unions prepared a selective strike on major lines, with temp court orders and looming national action. West Coast ships idled, copper and Western Union workers walked out, and pay equity debates surfaced.
MENTIONED IN THIS ARTICLE
New York
American Telephone Co
Communication Workers of America
United Transportation Union
Western Union
United Automobile Workers
J. I. Case Farm Equipment Company
Joseph A. Beirne
Communications Workers of America
Telephone Company
Bell
Bell System
At&t
International Brotherhood of Electrical Workers
CWA
Union Pacific Railroad
Southern Railway
Chicago & Northwestern Railway
Chicago & Northwestern
Southern Pacific Co
Norfolk & Western Railway
UTU
Union
Congress
Economy shows steady but modest June recovery
The Federal Reserve reports industrial production rose 0.4 percent in June for a fourth straight monthly gain, signaling a cautious recovery. AFL-CIO chief George Meany urges direct wage and price controls as a solution to inflation, while not advocating them. Senate Banking Committee approves a bill to guarantee up to 2 billion in loans, with 250 million per company, for Lockheed and others, as Wright Patman demands hard evidence of loan attempts before a committee vote.
MENTIONED IN THIS ARTICLE
Federal Reserve Board
George Meany
Afl-Cio
Lockheed Aircraft Corp
Senate Banking Committee
Lockheed
Wright Patman
House Banking and Currency Committee
Stock Averages Slip Amid Economic Worries
The AP 60 stock average fell 3.6 points and the Dow Jones industrials declined 13.29 points over the past week as investors remained wary of the economy.
MENTIONED IN THIS ARTICLE
Associated Press
Delta farmer cries for credit to avert crushing drought losses
A Mississippi Delta farmer, reluctant to reveal identity, describes looming ruin from two dry years. He sizes up land valued over half a million and $125,000 in machinery, but credit drought and FHA loan cuts threaten to halt cultivation and his lifelong enterprise. He urges local market lending and stronger Farm Home Administration support.
MENTIONED IN THIS ARTICLE
Mississippi Delta
Delta
Farmers Agriculture Department Resort
U.S
Farmers Home Administration
FHA
Agriculture Department
Washington
Wake Forest Announces Evening Courses for Fall program
Wake Forest University Management Institute offers three evening courses starting in September. Courses include Building Effective Communication taught by Dr. Mervyn A. Hayes, Special CPA Coaching Course by Prof. Delmer P. Hylton, and Personnel Aspects of Supervision by Judson D. DeRamus. Enrollments are limited and early signups are encouraged.
MENTIONED IN THIS ARTICLE
Winston-Salem
Management Institute of
Wake Forest University
Judson D. DeRamus
Wake Forest
Mervyn A. Hayes
Delmer P. Hylton
DeRamus
Local Real Estate and Banking Personnel Moves Noted
William Bill Jackson joins Walt Daniels Insurance and Realty in sales and property management after real estate training at Guilford Technical Institute. Wachovia Bank elects Harold G Hoak to the High Point Board and Vann R Taylor as Assistant Cashier. Stacy Johnson joins Mabe & Co Realtors. Helen Warner becomes designer at Holton Furniture and Carpet.
MENTIONED IN THIS ARTICLE
William
Bill) Jackson
Atlanta St
Greensboro
Walt Daniels Insurance and Realty
Jackson
Guilford Technical Institute
High Point
Daniel
Harold G. Hoak
Wachovia Bank and Trust Company
N. A
Fork Union Military Academy
University of Virginia
University of North Carolina At Chapel Hill
Taylor
Wachovia
North
Hobbs
New Mexico
Saint Andrews Presbyterian College
High Point Jaycees
High Point Tennis Assn
Helen Warner
Holton Furniture and Carpet Co
New York Institute of Design
Warner
Shelton
Lexington Ave
Advanced Supervisor Seminar Attended by Smith
Jack W. Smith of 702 Sunset Drive completed a week long advanced supervisor’s seminar conducted by John Hancock Mutual Life Insurance in Boston. The seminar drew top supervisors from across the country and Smith serves as agency supervisor for the Clyde E. Swift Agency in Greensboro.
MENTIONED IN THIS ARTICLE
Jack W. Smith
Sunset Drive
John Hancock Mutual Life Insurance Company
Boston
Smith
Clyde E. Swift
Greensboro
Edwin J. Clunan to Lead Credit Dept at Factors Inc
Edwin J. Clunan of New York City will join Factors Inc as head of the credit department with effective date August 2. He now serves as senior credit executive at Deering Milliken Inc in New York and has a long history in credit roles with Islin-Jefferson Financial Brookshire Hathaway and the National Credit Office. Factors Inc is a subsidiary of NCNB Corp and serves a broad range of industries.
MENTIONED IN THIS ARTICLE
Edwin J. Clunan
New York City
Factors Inc
Charles H. Rotert Jr
Clunan
Deering Milliken Inc
New York
Islin - Jefferson Financial Co. Inc
Brookshire Hathaway Co
National Credit
Ncnb Corp
Jefferson Standard Life reports record life insurance gains
Jefferson Standard Life Insurance Company reports first half sales above 196 million dollars, up 14.4 million from 1970, with ordinary in force totaling about 3.67 billion on June 30, a 144.8 million increase over the prior year. The Servicemen's Group Life Insurance reinsured adds 225.8 million to the totals.
MENTIONED IN THIS ARTICLE
Jefferson Standard Life Insurance Company
Jefferson Standard
Charnock Elected Area IV Director of PICA
Thornton C. Charnock of Fisher-Harrison Corp Greensboro elected Area IV director of The Printing Industry of the Carolinas Inc PICA He is president of Fisher-Harrison Studios High Point and serves as vice president and sales manager of Fisher Harrison Printing Co in
MENTIONED IN THIS ARTICLE
Thornton C. Charnock
Fisher-Harrison Corporation
Greensboro
Printing Industry of the
Carolinas
Burlington declares 35 cent quarterly dividend
Burlington Industries Inc announces a regular quarterly dividend of 35 cents per share payable September 1 to shareholders of record at the close of business July 30.
MENTIONED IN THIS ARTICLE
Burlington Industries, Inc
Sickness insurance to protect income during disability
When illness or accident hits, fixed monthly bills persist. The Listener explains how Integen insurance offers options to help income survive a disability.
Also Mentioned on This Page
By Linda Rubey
AP Business Writer
DOW Jones
Thur
Jasons
Southwest
Texas
Oklahoma
Pakistan
Nazi Bank Corp
Garrick Brooks
Clude
Mark Mately
Georgia
Sion
Hoover
Integon Corp
Atlanta
Triangle Brick
Wa Farmers
Nwins
Walker BB
Romnetersnnemrereemnesememeeen Amas Sacemeeraaarene
Wellington
George P. Clark
C.L.U
Hayden Place
Ed Lyon, Jr
C.la
North Carolina
Nat
Ray Hubbard
Marie
Stacy Johnson
Mabe & Co. Realtors
Elon College
North Carolina Jaycees
Salvation Army Boys Club
Gaye Lee
Dunn
Design Post
West High St
Gail Curry
Snelling and
Snelling
Gail
Gatewood
I. Greensboro
High Point Greensboro
N.C
E. Westwood
Robert McCuiston
C.S.A
South Main Street
Integon’ Financial Services
Highland Motors Inc
N. Main St
Olds
Cadillac
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