Copper Labor Pact Emerges as Steel Talks Loom
Tentative copper industry agreement with the 26 unions led by the United Steelworkers signals potential parallels for steel negotiations. Anaconda Co. reached a tentative settlement as steel talks press toward an Aug. 1 deadline with nine major companies employing about 350,000 workers.
MENTIONED IN THIS ARTICLE
Carole Martin
NEW York
Anaconda Co
United Steelworkers Union
Steel Industry
Steelworkers
Washington, D.C
Postal Service
Communications Workers of America
American Telephone & Telegraph Co
New York State
National Railway Labor Conference
United Transportation Union
Chicago and North Western Railway Co
Southern Railway
Union Pacific Railroad
Yield Uncertain Corn Blight Casts Shadow On Grains
AP Farm Writer Don Kendall reports on the Nixon administration facing possible drastic aid if corn blight explodes, while a record crop of up to five billion bushels is possible if blight stays contained. USDA projections cover corn, sorghum, oats and barley for 1970-71 with varying carryovers and plantings across Iowa Illinois Indiana and plains states.
MENTIONED IN THIS ARTICLE
Don Kendall
Washington
Nixon Administration
Agriculture Department
USDA
Iowa
Illinois
Indiana
Great Plains
Nixon optimism on economy rests on midyear indicators
President Nixon and George Shultz forecast a gradual, uneven recovery through 1972. They cite rising consumer income and spending, a home building boom, and increased federal outlays, but expect third quarter growth to be modest with inventories and construction high. They warn the boost from China talks may not yield immediate relief.
MENTIONED IN THIS ARTICLE
New York
Nixon
George Shultz
Federal Reserve Board
FRB
International Organization For Economic Cooperation & Development
Paris
United States
Communist
China
Belmont Man Is Electrocuted
Belmont resident Johnny Richard Huffstetler 26 was electrocuted when a roof antenna touched a 2400 volt line during removal with a companion. The companion suffered shock injuries and was hospitalized.
MENTIONED IN THIS ARTICLE
Belmont
N.C
Johnny Richard Huffstetler
Huffstetler
Market Holds Steady Amid Week of Mixed Earnings
The stock market stayed in a tight range with gains on Tuesday after strong second quarter earnings reports, then eased later in the week. The Averages closed at 887.78, down 0.73, and the Dow slid 0.6 to 319.0, AP Wirephoto.
Over-the-Counter Stock Quotes From The AP
The Associated Press reports NASO quotes as representative interdealer prices around 3 p.m. Thursday. Prices shown exclude markup, markdown, or commissions as markets fluctuate during the day.
MENTIONED IN THIS ARTICLE
Associated Press
NASO
North Carolina Bank Debits Rise Across Major Centers in June
Federal Reserve data show June bank debits increased in Asheville Raleigh Greensboro Winston-Salem Durham Wilmington Charlotte Wilson Hickory and Kinston as year over year gains ranged from 5 to 34 percent. Debits reflect checks drawn on demand deposit accounts and exclude U S Government and interbank accounts.
MENTIONED IN THIS ARTICLE
North Carolina
Federal Reserve Bank of
Richmond
Asheville Standard
Raleigh
SMSA
Greensboro
Winston - Salem
High Point
Fayetteville
Wilminton
Hickory
Kinston
U. S
Richmond Reserve Bank
Fifth District
Business notes sales rise but fall short of 1970 half-year
Hanes Corp reports higher second quarter sales of 41.28 million dollars in 1971 vs 1970, but unaudited first half results show sales and earnings below the 1970 level. Six month sales total 75.54 million dollars, down from 81.61 million the prior year, with Q2 net income 325 thousand dollars or eight cents per share after tax provisions. Dean Boyer named manager of Southern Building Maintenance of High Point replacing Edward Stacy. Atwood Corporations posts six month loss of 401 thousand dollars on 12.74 million in sales, vs 113,791 profit and 4 cents per share a year earlier, while backlog climbs toward 1971.
MENTIONED IN THIS ARTICLE
Hanes Corp
Dean Boyer
Fontaine Road
Greensboro
Southern Building Maintenance
High Point, Inc
N. Main St
Roger D. Myers Jr
Southern Building Maintenance Company, Inc
Edward L. Stacy
High Point
Greenville
Winston- Salem
Charlotte
Raleigh
Durham
Boyer
Greensboro Yankees
Atwood Corporations
Rawson L. Wood
Wood
Course Completions At GTE Automatic Electric Inc
Charles R. Clapp and Ronnie D. Collins of North State Telephone Co. completed an advanced course at GTE Automatic Electric Inc. They studied operation testing and maintenance of automatic toll ticketing equipment enabling Direct Distance Dialing. Clapp has nine years with the company and is a Jamestown High School graduate. Collins has 14 years and graduated from Riverside Military Academy Gainesville GA. both are married with two children.
MENTIONED IN THIS ARTICLE
Charles R. Clapp
Triangle Lake Rd
Ronnie D. Collins
Old Mill Rd
North State Telephone Co
GTE Automatic Electric, Inc
Clapp
Jamestown High 1
Cynthia Lassiter
Collins
Wanda Willard
Riverside Military Academy
Gainesville
Reynolds reports record sales for 1971 second quarter
R. J. Reynolds Industries announces record sales and earnings for Q2 1971 and six months ended June 30. Chairman A. H. Galloway cites consolidated net sales and operating revenues of $674,639,000 for Q2, up 8.2 percent from 1970, and $1,285,293,000 for the first six months, up 8.6 percent.
MENTIONED IN THIS ARTICLE
R. J. Reynolds Industries, Inc
A. H. Galloway
Also Mentioned on This Page
Wall Street
Massachusetts
James R. Schlesinger
Office of Management and Budget
Atomic Energy Commission
Glenn T. Seaborg
American Bankers Association
Minibanc
Mon
Ues
Thurthi
Jfmami Jasond
DOW Jones
Belmont Man
Lowes Co
Dev Corp
Occidental Lite
Aerotron
Amer Fidel
Amer Furn Ve Bank Amic Corp A
Atienta G L
Sia We
Barber Greene
Quality Mills
Bassett Furn
Billups Westnie
Ruddick Com
Ruddick
Bank
Sonoco
Brush Berg
Stern Nati Corp
Buckabee Mears
Cam Brown Ute
Cam Brown
Cam Brown Wish Trans Gas Piplin
Carmine Foods
Tri South Mor
CMC Finance
Carolande Corp
Triangle
Carolande
Carolina Cari Mm
Walker
Carolina Freight Car
Welingtn
Hall Caro P&l
Carolina Steel
Wright Mach
Carolina
Colonia Stri
Common Bank A4
Efency
Daniel Const
Durham Lite
Electron Data Conti
Equitable Leas
Farmers Nwing
Ma Fidelity Corp
Ingie
Jarretson Rub
UN Natl Bank Corp
Foodtown Es
Franklin
Garrick
Brooks
Georgia Inti
Guardian Care
Hardees
Hickory Furn
Home Sec
Hoover
Integon Corp A
Joslyn Mig
Kaiser Steel
Kewaunee Senife
Knape & Vogt Mig
Lance
Ife
Carol
Little Mint
George P. Clark
C.S.A
Hayden Place
Popi
Dn Theta Oat
West High St
Ray Hubbard
E. Westwood
Ed Lyon, Jr
C.la
Nat. Bank
Highland Motors Inc
Olds
Cadillac
Robert McCuiston
C.L.U
Integons
Integon
Roundtable
Bob
South Main Street
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