Trade study group eyed to curb looming tariffs world wide
The OECD nations form a high level trade study panel to curb protectionism and ease tariff barriers. Secretary Rogers urges fair rules, coordination, and action guidelines for major economies. Nixon lifts China import ban and cuts ship requirement for grain to the Soviet bloc. Lockheed loan plan hits Congress. defense contract with C5A restructured with a $200 million loss. Penn Central revises loss forecast upward while pledges payroll funding, amid RoLading expectations.
MENTIONED IN THIS ARTICLE
Linda Rubey
New York
William P. Rogers
Organization For Economic Cooperation and Development
Rogers
United States
Western Europe
Japan
Nixon
Red China
U.S
Russia
East Europe
Clifford M. Hardin
China
Soviet Union
Lockheed Aircraft Corp
Defense
David Packard
Senate
Market Quiet as Averages Dip Ahead of Economy Data
The Dow Jones industrials averaged 916.47 on Friday, down 5.86 from the week, while the AP 60-stock average closed at 324.3, down 0.8. Analysts say investor caution reflects worry the economy isn’t advancing as fast as expected.
MENTIONED IN THIS ARTICLE
Associated Press
Stock Quotes From The Associated Press Snapshot
Quotations from NASD show representative intercession prices around 3 p.m. Thursday. Markets fluctuate throughout the day. Ella Fitzgerald 53 quotes.
Growth of Corporate Farming Seen in U.S. Agriculture
An Agriculture Department study based on 1967-68 data finds 13,300 corporations run 7 percent of farm land, yet accounting for 8 percent of product sales. Most are family owned, with California and Florida hosting one third of firms.
MENTIONED IN THIS ARTICLE
Washington
U.S. Agriculture
Agriculture Department
Department
U.S
California
Florida
George W. Coffman
Economic Research Service
Coffman
Trade Winds Pinch From Short-term Debt Squeeze
The May Fortune report cites a credit crisis impacting many corporations despite easy Fed policy. Long-term bond financing helps some escape the squeeze while others remain unable to refinance. Consumer spending drives the economy and affects retail and industry, with airlines needing sound management and skilled labor in demand.
MENTIONED IN THIS ARTICLE
Lou Schneider
Alliance
NEW York
Federal Reserve
Fortune Magazine
Rothschild Plans New Outlet Here
Rothschild David Rothschild Co announces a High Point distribution center to serve the Carolinas Virginia and Tennessee. Located on Interstate 85 at Elm Street the facility opens in late summer or early fall with Lewis Brandon and John Humphrey in charge.
MENTIONED IN THIS ARTICLE
David Rothschild Co
Columbus
High Point
Carolinas
Virginia
Tennessee
Interstate 85
Elm Street
Lewis Brandon
John Humphrey
Rothschild
Los Angeles
Calif
New York City
Chi
Fifth District Bank Loans Rise With Deposits Survey
The Federal Reserve Bank of Richmond reports that gross loans for 28 large Fifth District banks rose to 9.38 billion dollars as of June 2, with domestic commercial loans up and demand deposits and time deposits increasing, while investments and certain loan categories fell.
MENTIONED IN THIS ARTICLE
Federal Reserve Bank of Richmond
Fifth Federal Reserve District
Sky City Posts Higher First Quarter Sales
Sky City reports total store sales for the first quarter ended April 30 rising 22.8 percent to 6 766 033 from 5 510 909 and net sales up 24.9 percent to 4 391 034. Earnings dropped to 92 195 or 8 cents per share from 123 486 or 11 cents. The company operates 14 discount centers in North Carolina South Carolina Georgia and Tennessee with plans to open new stores in Anderson South Carolina Anniston Alabama and Brevard North Carolina in August and September.
MENTIONED IN THIS ARTICLE
Sky City
North Carolina
South Carolina
Georgia
Tennessee
Anderson
S. C
Anniston
Ala
Brevard
Stock broker Kenneth W. Austin joins Dickson firm
Kenneth W. Austin of R. S. Dickson Powell Kistler Crawford has completed the New York Stock Exchange training program and is now a registered securities representative. The High Point office is at 212 North Main Street. He is a Charlotte native and Grimsley High School and East Carolina University alumnus. Previously he worked in mutual fund sales with IntegOn Corp. in Greensboro.
MENTIONED IN THIS ARTICLE
Kenneth W. Austin
R. S. Dickson, Powell, Kistler & Crawford
New York Stock Exchange
High Point
N. Main Street
Austin
Charlotte
Grimsley High School
Greensboro
East Carolina University
Greenville
Dickson, Powell, Kistier & Crawford
Integon Corp
Budny Elected President of NSID Southeast Chapter
Ronald C. Budny elected president of the Southeast Chapter of the National Society of Interior Designers for a two-year term. He has served four years on Alder Man's interior design staff and recently completed two-year terms on the NSID regional and national boards. The Southeastern chapter covers North Carolina South Carolina and Virginia.
MENTIONED IN THIS ARTICLE
Alderman Studios
Ronald C. Budny
National Society of Interior Designers
Budny
Alderman’s
NSID
North Carolina
South Carolina
Virginia
Henredon Board Declares 15 Cent Quarterly Dividend
The board of Henredon Furniture Industries Inc votes to pay a regular quarterly dividend of 15 cents per share on common stock. The dividend is payable August 2 to shareholders of record July 9.
MENTIONED IN THIS ARTICLE
Henredon Furniture Industries, Inc
Monroe 10 Printer Calculator Debuts Portable Design
The Monroe Calculator Co. promotes a new Monroe 10 portable electronic printing calculator. It weighs two pounds and measures 8% inches by 4 by 2 inches with a rechargeable power supply. The unit prints numerals and symbols on thermally sensitive paper tape.
MENTIONED IN THIS ARTICLE
High Point
Monroe Calculator Co
Monroe
Four New Regional Sales Managers Named by Broyhill
Broyhill Industries expands its sales team by adding four regional sales managers. Jack Ludwig George Rash Keith Franklin and Fred Davis will work from the Lenoir home office except Rash who remains based at the St Louis office.
MENTIONED IN THIS ARTICLE
Broyhill Industries
Jack Ludwig
George Rash
Keith Franklin
Fred Davis
Lenoir
Rash
St. Louis
Integen Insurance Helps Your Income Survive Disability
Sickness may be hazardous to your wealth. When illness or accident hits, regular bills persist. The Listener presents Integen Insurance with options to keep income steady during disability.
Also Mentioned on This Page
Rolls-Royce
Airbus
Lockheed
Rolls-Royce Ltd
Defense Department
Penn Central Transportation Co
Congress
Jfmams
DOW Jones
THE
Ella Fitzgerald
Amic Corp
Atienta
Greene Bassett Furna
Bives Westa
Cam Brown U
Ain Brown
Carmine Foods
Finance Carelende Corp de
Caro P & L
Carolina Wis
Caro Bark
Su Cochrane Furn PR
Cotenial St
Ue Net Bank Corp Ara Fonsions
Brooks
Kaiser Steel
Kewaunee Sentic
Kange & Vogt
Life of Care
Eletran
Dev Corp
Occidental
Stern Natl. Corp Ea
Department of Health, Education & Welfare
HEW
Elliot Richardson
Cago
Acworth
Ed Lyon, Jr
C.la
Nat. Bank
George P. Clark
C.S.A
Hayden Place
Ray Hubbard
Harold Stack
Carolina Club of Printing House Craftsmen
Thornton C. Charnock
Fisher-Harrison Corporation
Winston-Salem
Stack
Allie A. Hutchison
Hutchison-Allgood Printing Company
Winston- Salem
Roger Ender
Young-Phillips Sales Company
Frank J. Clancy Jr
Fisher- Harrison Printing Company
Tom Ward
Robinson Tag
W. M
Bill) Aycock Jr
Sabin Robbins Paper Company
Hank Folsom
James Hinson
Charles Pendergrass
Larry Moore
J. J. Morgan
William F. Doescher
Champion Papers Inc
Drexel Enterprises
Telephone
E. Westwood
Robert McCuiston
South Main Street
Integon’ Financial Services
Proctor’s
Ea Co
BT Taal
W. High St
Highland Motors Inc
N.main St
N.C
Olds
Cadillac
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!