Palmby Departure May Shake Up ASCS Leadership
A proposed move by Assistant Secretary Clarence D. Palmby to Continental Grain Co. could trigger a major ASCS leadership shakeup. Brunt haver, a 40 year old economist with deep grain experience, is favored to replace Palmby, potentially prompting Kenneth E. Frick to quit and opening top posts to outside appointments.
MENTIONED IN THIS ARTICLE
Washington
Secretary of Agriculture
Clarence D. Palmby
Agricultural Stabilization and Conservation Service
Palmby
Continental Grain Co
U.S
Soviet Union
Carroll G. Brunthauer
ASCS
Kenneth E. Frick
Brunthaver
Frick
ALCS
Some Rules For Wise Investing By Gerald M Loeb
A guide to prudent investing emphasizes starting with two asset types cash and promising securities, mainly common stocks. Diversify sparingly to about ten issues, monitor holdings, and adjust with gains or losses, noting emotional discipline over gambling instincts in financial decisions.
MENTIONED IN THIS ARTICLE
Gerald M. Loeb
North American Newspaper Alliance
New York
Tom
Loans Down in Fifth District Banks May Report
Federal Reserve Bank of Richmond weekly survey shows gross loans at 28 large Fifth District banks fell by 58.4 million to 10.901 billion for week ending May 24. Domestic bank loans slid 69.7 million while interbank loan adjustments rose 11.3 million. Demand deposits declined 377.6 million. time deposits grew 51.5 million. Investments increased to 9.243 million and financial loans plus securities purchases show mixed shifts in lending.
MENTIONED IN THIS ARTICLE
Richmond
Federal Reserve Bank of Richmond
Federal Reserve District
Market Down As Dow Falls on Profit-Taking
The Dow Jones Average closed Friday at 961.39, down 9.86 from 971.25 a week earlier, while the Associated Press Stock Average stood at 333.3, down 2.0. Analysts linked the dip to profit-taking after earlier gains tied in part to the President's Moscow trip.
MENTIONED IN THIS ARTICLE
Associated Press
Moscow
Mixed signals from economy as orders rise and tool demand falls
U S economy shows varied early signals with April contracts for new construction hitting a monthly high at 8.1 billion and factory orders up 0.6 percent to 63.9 billion. Yet machine tool orders drop 22 percent from March, while foreign trade deficit is forecast to worsen into Q2.
MENTIONED IN THIS ARTICLE
New York
Commerce
Peter G. Peterson
F. W. Dodge
McGraw-Hill Information Systems
Commerce Department
National Machine Tool Builders’ Association
Peterson
U.S
Connally Resignation Seen as Expected Fallout
New York report notes Connally’s exit followed ongoing infighting within Nixon’s circle and a shift in policy after oil import actions. It describes the administration’s kitchen cabinet tensions, Volcker’s clashes, Burns’ Montreal speech, and Nixon’s elevation of George Shultz to Treasury, signaling a shift in authority and style.
MENTIONED IN THIS ARTICLE
Lou Schneider
New York
Treasury
John Connally
Nixon
Connally
Federal Reserve Board
Arthur Burns
Montreal
Treasury Department
George Shultz
the Treasury
United States
Shultz
Office of Management and Budget
Williams named Chairman and Richardson Promoted President at Walker Shoe
Marshall R. Williams age 49 from Wake County becomes chairman and CEO of Promoted Walker Shoe Company. C Leonard Richardson age 46 from Randolph County rises to president. Williams joined in 1956 as controller and rose to president in 1968. Richardson began as a salesman in 1955 and advanced to executive vice president sales in 1965.
MENTIONED IN THIS ARTICLE
Walker Shoe Company
B. B. Walker Company
Marshall R. Williams
C. Leonard Richardson
Williams
Wake County
University of North Carolina
B. B. Walker Shoe Company
Richardson
Randolph County
Retirement noted for Tomlinson Furniture executive Rochelle
Ralph L. Rochelle, Field Sales Manager at Tomlinson Furniture High Point, retires June 1 after a career beginning in 1941 as personnel director and later field sales manager. He served in the U S Navy and earned the Bronze Star in 1944.
MENTIONED IN THIS ARTICLE
Ralph L. Rochelle
Tomlinson Furniture
High Point
William A. Tomlinson
Rochelle
Tomlinson
University of North Carolina At
Chapel Hill
U. S. Navy
William J. Coakly
Stetson University College of Law
St. Petersburg
Florida
Dan K. Moore
North Carolina
Guilford Vocational Training Center
Guilford Technical Institute
Furniture City Manufacturers Assn
Southern Furniture Manufacturers Assn
United Fund
National
American Red Cross
Charlotte
North Carolina Department of Labor
National Labor Relations Board
U. S. Chamber of Commerce
American Business Club
High Point Friends Meeting
Foxfire Apartments
Suffolk Drive
Speaker M. T. Daniel and A. M. firm partner
The text identifies Speaker M. T. Daniel as a certified public accountant and notes a partnership role within the firm of A. M. The fragment confirms professional status and association but provides limited context about firm activities or dates.
MENTIONED IN THIS ARTICLE
M. T. Daniel
Certified Public Accountant
A. M
New Deep Roselon Industries appoints Roy Luckenbach VP Southern Sales
Roy Luckenbach is named vice president in charge of southern sales at New Deep Roselon Industries. Formerly VP of quality control and R D for Burlington socks, a Burlington Industries division, he specialized in mens hosiery technology and is known for dyeing, boarding and special finishes developments. He holds multiple textile patents.
MENTIONED IN THIS ARTICLE
Roselon Industries
Roy Luckenbach
Southern Sales
Luckenbach
Burlington Socks
Burlington Industries
Times News Publishing names new president
Officers named David A. Rawley Jr. of High Point elected president of Times-News Publishing Co publisher of the Burlington Times News after noon daily. He succeeds Randall B. Terry Jr. Other officers include Rudy M. Fonville and Mrs C H Lockwood vice presidents Joseph P. Rawley secretary and Randall Terry treasurer.
MENTIONED IN THIS ARTICLE
David A. Rawley Jr
High Point
Times-News Publishing Co
Burlington Times-News
Burlington
Randall B. Terry Jr
Rudy M. Fonville
C. H. Lockwood
Joseph P. Rawley
Randall Terry
Leaders Named for First Union National Bank Board
The local bank announces election of two leadership posts. Dr. Asa R. Parham is named chairman of the board and Thomas R. Pitts of Myrtle Desk Co. is named vice chairman.
MENTIONED IN THIS ARTICLE
First Union National Bank
Asa R. Parham
Thomas R. Pitts
Myrtle Desk Co
Beshears Joins North Carolina National Bank Management
F Gareth Beshears of Hi Point has joined the North Carolina National Bank in Charlotte, assigned to the regional credit department. He earned a master’s in public administration from the University of Pennsylvania this month and is a 1963 Allen Jay High School graduate, 1970 Pfeiffer College alumnus. His parents live at 300 Manor Drive in High Point, and his wife is Frankie Sue Kass of High Point.
MENTIONED IN THIS ARTICLE
Pullen and Company
Piedmont
North Carolina Association of Certified Public Accountants
AICPA
Daniel
Warrenton
Duke University
Northwestern University
American Institute of Certified Public Accountants
Elks Club
Winston Salem
F. Gareth Beshears
Hi Point
North Carolina National Bank
Charlotte
University of Pennsylvania
Beshears
Allen Jay High School
High Point
Pfeiffer College
Misenheimer
Fain Glenn Beshears
Manor Dr
Frankie Sue Kass
Elberson Named Hanes Chief Executive and President
Elected Chief Robert E. Elberson becomes president and CEO of Hanes Corporation succeeding Gordon Hanes who remains chairman. Elberson age 43 was previously president of the Hosiery Division since 1968 and a corporate vice president since 1965. No successor named for hosiery head. Mr Hanes has served as chairman president and chief executive since March 1970.
MENTIONED IN THIS ARTICLE
Robert E. Elberson
Hanes Corporation
Gordon Hanes
Elberson
Hanes
Women's Lib Begins at Home Echoes in Family Roles
Fragmentary OCR notes discuss domestic gender roles and women's career choices within the home. The text references personal autonomy and family dynamics, suggesting debates over women's liberation and independence in domestic life.
Also Mentioned on This Page
In Agriculture Service
Agriculture
Earl L. Butz
Charles D. McNeal
Minneapolis
Ralston-Purina
Clifford M. Hardin
Butz
McNeal
Fremont
Ohio
Department
Comco
Cook & Co
Riverside Industries
Memphis
JFMAM
DOW Jones
George P. Clark, C.L.A
Hayden Place
Bache & Co
N. Elm Street
Wachovie Bank Building
Greensboro
N.C
Bob B Stovall
Pinion
Business College
Main St
Dan Cruthis
English RD
Corner Elm St
Butler Aviation Gue
Ed Lyon, Jr
C.la
Robert McCuiston
C.S.A
South Main Street
Integon
Howard Stutts
Mgr Long
MT Ta
Ilderton Auto & Truck Leasing CO
S. Main
Horace G.ilderton, Inc
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