Economic optimism tempered by hedging on recovery
June 8 1975 report notes experts foresee a slow recovery with no rapid gains. Unemployment may worsen before improving while inflation persists. Consumers remain cautious as housing and autos stall and inventories rise. Despite whispers of an upturn, many economists hedge plans and warn of multiple variables complicating a rebound.
MENTIONED IN THIS ARTICLE
Wall Street
Japan
Germany
France
Britain
Italy
United States
Business Notes Highlights From Greensboro Area Firms
The Key Co of Greensboro reports a sharp six month sales and profit decline with net sales totaling 6.85 million and a loss of 0.84 million. International Harvester awards Carolina Truck & Trailer Sales manager Lewis Gooch for exemplary service. The Piedmont Data Processing Management Assn plans an Outstanding Chapter Performance Award in Atlanta. Carolina Biological Supply hires Thomas Grady Conally as head of media and reagents. A Richmond Fed survey shows Fifth District banks increasing gross loans to 15.47 billion while nonfinancial loans fall, with mixed movements in deposits and investments.
MENTIONED IN THIS ARTICLE
International Harvester Co
Lewis Gooch
Carolina Truck & Trailer Sales
Piedmont
Data Processing ,Management Assn
Association
Atlanta
Thomas Grady Conally
Carolina Biological Supply Company
Burlington
Conally
Walter Williams High School
Elon College
University of North Carolina
Greensboro
High Point College
The
American Chemical Society
Glenda Faye Danieley
It’s Worth It Oil Pipeline Costs Soar in Alaska
Alaska faces a 6 billion dollar trans-Alaska pipeline bill with a 2 billion North Slope facility, pushing completion to 1977. Output may reach 2 million barrels daily by 1980 while governments claim 63 percent of revenues. Financing rests with BP Sohio and other partners as state deficits grow and new taxes loom. Offshore lease auctions look likely with Beaufort Sea lease as soon as November.
MENTIONED IN THIS ARTICLE
NEA
London
Economist
Anchorage
Prudhoe Bay
Baldez
North Slope
Alaska
Jay Hammond
State Assembly
Beaufort Sea
Bering Sea
Gulf of Alaska
Stock Quotations From AP NASD Interdealer Prices
Prices from the National Association of Securities Dealers reflect interdealer quotes around 3 p.m. yesterday and exclude retail markups, markdowns, or commissions.
MENTIONED IN THIS ARTICLE
Associated Press
National Association of Securities Dealers
Market Averages Edge Up On Positive Week
The stock market posted a modest gain as week ended with the Dow Jones at 839.64 a rise of 7.35 and the AP average at 275.7 up 4.8. Brokers cited lower interest rates and hopes for an improving economy as the primary factors driving the advance.
MENTIONED IN THIS ARTICLE
Associated Press
Also Mentioned on This Page
Amon Cunniff
New York
Treasury
William Simon
Congress
the Key Co
R. Harold Burke
Asin
Canada
South America
High Point
Asheboro
Winston-Salem
Eden
Ray Hubbard
New Post
Federal Reserve Bank of Richmond
Fifth Federal Reserve District
British Petroleum
Sohio
Aerotron Inc
American Furniture
Atlantic Pepsi
Bankers Trust of
S.C
Bassett Furniture
BrLo
A. Blacks Inds
2S Branch Corp
Wa Brenner Inds
Burnup & Sims Ti
Burris
Capri Inc
Cannon Mills
Carmine Foods
Carolinas Cas
Ins
Car
P&l
Caro Steel Corp
Caro. Wise. Flo
Caro Corp
Central Caro. Bank
Diamondhead Corp
Durham Life Ins
Hh Fidelity Corp
Catawba
Farmers New World
First Union Corp WM N
Forsyth Bank & Trust Franklin Life Ins
Ava Guardian Corp
Harrelson Rubber Co
Hellig Meyers Hen
Ava
Mom & Pop’s
Multimedia
Ncnb Corp
N.C. Natural
Northwest Fin. Corp
NoWesin
Occidental Life Ins da Phillips Fescue
Piedmont Aviation
Spartan Food Systems
Ntl
Bk Rocky Mt
Synercon Corp. Ey 2A
Public Soc of N.C. Televent Leasing Quality Mills
Rex Plastics
Pa UN
Caro, Baneshs U
Iva
United Guaranty Corp
Mfg Va. International Wa
Salem Carpet
Va. Natl. Bank
Soc
Walker Shoes
Shoneys Big Boy Bba Washington Group
Sonoco Products
West Knitting Corp
SC Nat. Corp
White Shield Co
Wix Corp
Natl. Corp
Way
Wright Machinery
DOW Jones
Howard Stutts
Larry Forrester
William Bell
Ilderton-Dodge -Auto-Truck Leasing
Colonial Williamsburg
Washington, D.C
Philadelphia
Boston
Plymouth
N. C
World Travel Agency
Carolina Motor Clab
Pennsylvania
New Jersey
Wilmington
Delaware
Thomas P. Ciano
Trent Road
Turnersville
Dad
Nash
Jewelry & Loan
Waitsian Naima
George P. Clark, G.L.A
Ed Lyon, Dr
G.L.A
Maul Deane
Lindsay Street
Income & Capital Associates. Inc "Capital Creation, Accumulation & Management
Attraces Larrea Laan
Puss
Robert McCliston
C.L.A
S. Hamilton St
TEL
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