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High Point Enterprise in High Point, North Carolina

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This newspaper page contains 11 articles. Subscribers can read the full text of each article.

Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Jun 18, 1972

Page

6

Socialism in Israel shapes Koor Industries under Histadrut

In Haifa, Israel, Histadrut controls Koor Industries owning 55 factories and 18,000 workers. Meir Amit piloted reforms after 1968 losses, boosting production to 260 million dollars and exports to 42 million with 60 million projected. A profit sharing plan and worker-elected boards aim to align company and labor interests while pursuing growth with foreign partners to modernize the Acre steel mill.

Arthur Max Associated Press Haifa Israel Karl Marx Koor Industries Marx Koor Histadrut Palestine Meir Amit Amit Israeli Steel Mills Co Acre Korf Industrie Und Handel Group Baden-Baden West Germany Canadian York Steel Corp Toronto

Birds Cause Noted Losses In 1970 U.S. Corn

Government statisticians tracked bird damage in 24 states as part of a 1970 survey. Blackbird pecking reduced national corn production by over six million bushels, translating to at least eight million dollars in farmer losses.

Washington (Ap Statistical Reporting Service Agriculture Department SRS Fish and Wildlife Service of

DDT ban, repossession ruling shape business week

EPA moves to an almost total domestic DDT ban effective year end after a court blocks summary repossession of goods. The Supreme Court rules creditors must have a prior hearing, while May sees mixed signals in factory output and personal income as the Fed index rises and the Commerce Department reports wage-price effects and the payment deficit.

New York Supreme Court Environmental Protection Agency EPA William D. Ruckelshaus High Court Potter Stewart Federal Reserve Board Commerce Department

Drexel Enterprises restructures sales leadership

Drexel Enterprises announces a reorganization of its sales management. William A. Nelson is named director of sales and Fred N. Isenhower director department store sales, reporting to C. Nathan Slack. Both men bring prior roles in western and eastern sales management and join years of Drexel Heritage and Allstate experience. Mr and Mrs Nelson reside in Morganton North Carolina and Mrs Isenhower is formerly Adeliah Crouch living in here. Winn Dixie to drop trading stamps in Raleigh area effective June 26 with stamps redeemable at local centers.

Drexel Enterprises William A. Nelson Fred N. Isenhower Fred M. Councill Nelson Isenhower C. Nathan Slack Western Eastern Drexel Rhode Island Massachusetts Ohio Drexel Furniture Company Drexel and Heritage Drexel Heritage Rose Lineham Riverside Drive Morganton N.C New York Heritage Adeliah Crouch Woodbrook Drive Here Raleigh Winn-Dixie, Inc B. C. Kay Winn-Dixie Kay

Eddie Wagon Comer Completes Allstate Sales Training

Eddie Wagon Comer of Rt. 1 Kernersville finished a two week Allstate sales training program at the southern zone headquarters in Atlanta Georgia. He is the son of Mr and Mrs John F Comer of High Point and is married to Vickie Ann McNeill. He graduated from High Point High School.

Eddie Wagon Comer Rt. 1 Kernersville Allstate Allstate Southern Zone Atlanta Comer John F. Comer High Point Vickie Ann McNeill

Tax Hikes In Store Despite Denials

Analyst LOU SCHNEIDER notes upcoming tax reforms likely target the wealthy, corporations, and foundations with higher rates. He cites anti business sentiment, volatile markets, and uncertain forecasts as investors await election outcomes and possible shifts in the tax code during 1973.

Lou Schneider New York United States Senate House House Ways and Means Committee Senate Finance Committee

Revenues Rise at Winston-Salem Piece Goods Shops

The retailer reports nine months ending April 3, 1972 gross revenues of 9.18 million vs 7.17 million a year earlier. Nine months earnings were 0.39 dollars per common share in 1972 compared with 0.42 dollars in 1971.

Winston-Salem

Loans Increase in Fifth District Banks

Federal Reserve survey shows gross loans of 28 large Fifth District banks at 11.16 billion dollars for the week ending June 7, with domestic commercial bank loans up 121.5 million. Nonfinancial loans rose 29.99 million, led by commercial and industrial lending, while demand deposits and securities holdings fell.

Richmond Federal Reserve Bank of Richmond

Regional Loan Shifts Across Fifth District

The report shows miscellaneous loans rising by 32.531 million while consumer installment loans drop 19.672 million. Securities purchased under re sales fall 2.9 million and agricultural loans decrease 0.169 million. The Fifth Federal Reserve District covers the District of Columbia Maryland Virginia North Carolina South Carolina and most of West Virginia.

Federal Reserve District District of Columbia Maryland Virginia North Carolina South Carolina West Virginia

New Veep Named for Oakwood Land Development

Alton Austin from Winston-Salem Oakwood Mobile Homes becomes executive vice president of Oakwood Land Development Corp in Greensboro. He will oversee land acquisitions development and sales organization. The company holds 608 acres in NC and forecasts $2 million in sales for year ending June 30 1973.

Alton Austin Winston-Salem Oakwood Mobile Homes, Inc Oakwood Land Development Corp Oakwood Homes Corp Greensboro Oakwood Land Austin Oakwood Land Development Corporation North Carolina

Consent Decree Settles Labor-Race Dispute

Piedmont Natural Gas Company and Local 1902 of the International Brotherhood of Electrical Workers reach a consent decree with the Justice Department Civil Rights Division under Title VII. The document states it does not find discrimination nor admit violations and aims to settle the dispute without prolonged litigation.

Piedmont Natural Gas Company International Brotherhood of Electrical Workers Civil Rights Division United States Department of Justice Pidmont

Also Mentioned on This Page

Socialism In DOW Jones France Ussr Middle East Indochina Johnson Nixon Altors Church Ave Citizens’ Educational Organization DON Gilstrap, Inc N. Main By Ray Hubbards Howard Hallengren Chicago First National Bank Ralph Nader Hallengren Chicago Kennedy Antitrust Division Justice Department South Dakota George McGovern McGovern Butler Aviation In George P. Clark C.S.A Hayden Place Aster Charg Ed Lyon, Jr C.la North Cereline Highland Motors Inc N. Main St Olds Cadillac W. High St Tore
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