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High Point Enterprise in High Point, North Carolina

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Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Jul 31, 1966

Page

6

Focus on books and business trends in High Point

The High Point Public Library releases Focus edition two with business reading lists and periodical notes. Piedmont Natural Gas reports year end gains with revenue up 18 percent and earnings up 27 percent. McLean Trucking posts record revenue and 35 percent net profit rise for the year. The Fifth District Fed survey shows loans and deposits shifts led by domestic and consumer lending. North Carolina exporters council to meet while Stockholm expo plans advance for regional textiles. Intercity truck tonnage rises 15.1 percent weekly, stock index up 122 vs 118 last year.

McLean Trucking Co Winston-Salem North Carolina Rers Assn Alley Pepsi Atlanta Gas Light Lovonial & Accid Farmers New World Bankers Lite First Union Nat Fom Franklin Franklin Realty General Share International Guilt Life Ins Jefferson Ltd Life Interstate & Accid Justyn Mfg Kaiser Steel Inc Liberty Life Ins Casualty Ins Life of Ull Lily & Co Moore Handley Nat State Capital State United Family U.S Wachovia Western Power & Gas National Association of Securities Tr American American Comm. Agency Bassett Furn C. M. C.F Casualty Otco Car Pwr Colonial Stores Northwestern Bank ‘S Spindale Mills Wv Textiles, Inc Triangle Walker, B. B. Shoe Carolina Tel

Economist's View Higher Prices And Pay In America

Economist Dr Calvin B Hoover predicts higher prices will persist but employment will grow rapidly and wages rise enough to offset cost of living. Hoover, James B Duke Professor of Economics at Duke University, notes postwar Europe slowed growth yet prices rose faster than the US. He cites exhausted labor from southern Europe as a shift away from importation of workers.

Paul Fogleman Durham Gare G U.S Calvin B. Hoover DR. Hoover James B. Duke Duke University Europe Duke

Record Quarter Profits Largely Pushed by Oil Rail Firms

AP reports a surge in profits for oil firms railroads and manufacturers in the second quarter, with General Motors Chrysler and others showing mixed auto results. Analysts note the Viet Nam war demand helped overall business upturn but auto profits lagged, as 1966 eyes become one of the strongest years for auto sales.

AP Business News New York Chrysler

Also Mentioned on This Page

High Point Public Library Focus Busi Jessman Prudent People Arnold Craven Sheraton Craven Arnold Craven Clothier & Furnisher Pride ‘N’ Joy Dorothy Goode Margaret Smith Faye Culler Piedmont Gas Piedmont Natural Gas Buell G. Duncan McLean Trucking Federal Reserve Bank of Richmond Fifth Federal Reserve District Federal Reserve District District of Columbia Maryland Virginia South Carolina West Virginia U.S. Department of Commerce North Carolina Council Ress Edward Mercaldo N.C. Deaf Conservation and Development Stockholm Sweden Joel B. New Greensboro Spain Portugal Greece Italy Out A.R.A Lewis Ceco Corp New York Stock Exchange W. Gaston &J Geo. G. Jones Mgr Charles E. Diffendal Jersey Standard Shell Sea A Central Railroad Gulf Oil and Pennsylvania Rail General Motors Lane E. C. Lane Jefferson Standard John Diffendal Piedmont Insurance Edgar T. Docbrow Group Insurance Bob L. Parrish C.L.A First Union Nat’ Bank Bldg Professional Life Insurance Service Spirit Systems Crown Geo. P. Clark LU Lyon Mutual Life Insurance America New England Life Ewa Earle Weir Employment Service Suite KEY Building N. Main, High Point, N. C Joe Honeycutt S. Main St Howe Office Raleigh Life @ Pension Accident & Health High Point Bank John W. Herndon Agency General Insurance North Main Street High Point, N.C John W. Herndon John CC. Hawkins John A. Eshelman, Jr Hayden Piece High Point North Carolina Utilities Commission FCC Anserphone P.O. Box Raleigh, N. C Wachovia Southeast C/D’s
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