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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jun 20, 1976
Page
7
The April rise in housing starts leaves the annual rate at 1.4 million, still short of demand. Despite higher costs, buyers and communities rethink existing homes, valuing locations with churches, schools, and transport. Renovation surpasses new builds, as owners hold and modify rather than discard older houses.
Raleigh report notes dramatic gains in farm efficiency since 1950 boosting disposable income spent on other goods. Poultry, dairy and crop yields rose while inputs shifted to gasoline and electricity. Labor on farms fell, acreage per farm rose, and average farm assets surged to about 150,000 dollars.
New York economists call the recovery one year old and healthy with real GNP growth around 7.5 percent since spring. They note global expansion, expect 6 to 6.8 percent GNP growth in coming years, and anticipate inflation rising modestly in 1976 and 1977 amid a favorable but uneven outlook.
A fragmented OCR list names Gray Toot Guardian Corp Marrelson Rubber Co Heilly Meyers Henredon Furn Hickory Furn and many others including Lowe's Co Mack's Stores NCNB Corp Northwest Fin Occidental Lite Ins Peoples Bnk and Tr Phillips Fescue Piece Goods Shops Pelmont Aviation Pedmont REIT Units Pinkerton CLB Planters Nil Bank and more, indicating a merged financial or corporate directory. The items read like a ledger of company names spanning banks, retailers, manufacturers, and real estate firms.
Two Auburn University graduates join Guil Rand Veterinary Hospital as staff veterinarians Dr. Charles F Williams and Dr. Roger Holt. Holt a Yadkinville native and NC State alum earned the President's Award at Auburn and is married to Jeannine Shore. Williams from Mocksville did graduate work at State. They reside at 130 Renda Drive.
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