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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
AP Business News
New York
Chrysler
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S. Main St
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North Main Street
High Point, N.C
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High Point
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