Monetary restraint seen needed to cool overheated economy
The Federal Reserve warned it will keep credit tight to curb inflation and slow the overheated economy. Officials cited rising prices in January and ongoing monetary and fiscal restraint as the path to price stability, while noting higher interest rates may persist.
MENTIONED IN THIS ARTICLE
Phil Thomas
New York
Federal Reserve Board
William McCee
Martin
Congressional Joint Economic Committee
Labor Department
Alderman Studios' Photos Win National Honor in Atlanta
Alderman Studios received top marks from the Southeastern Professional Photographers in Atlanta for entries by Harold Gibbardt Bill Bruton and Carl Grubb. The works were selected to hang at the National Professional Photographers of America Convention in New York City in June. Gibbardt and John Stanton will address the national audience on photography techniques and Alderman Studios advancements during the convention.
MENTIONED IN THIS ARTICLE
Alderman Studios
Atlanta
Harold Gibbardt
Bill Bruton
Carl Grubb
Professional Photographers of America
New York City
Alderman
Gibbardt
John Stanton
Two Gil Barco Executives Promoted to Key Posts
John A. Powell becomes director of plans and compensation, moving from employee relations manager, while Ronald H. Davis shifts from assistant employee relations manager to replace Powell. Both promotions take effect March 1 with Powell reporting to William J. Sturm and Davis reporting to Fred P. Logan.
MENTIONED IN THIS ARTICLE
Gilbarco Inc
John A. Powell
Ronald H. Davis
Powell
William J. Sturm
Davis
Fred P. Logan
Division I Manufacturing
Bank Loan Drops in Fifth District, Fed Survey Shows
The Federal Reserve Bank of Richmond weekly survey reports that gross loans of 28 major Fifth District banks fell by 101 million dollars to 7.899 billion for the week ended February 19. Demand deposits declined sharply while time deposits rose, and total investments also slipped.
MENTIONED IN THIS ARTICLE
Federal Reserve Bank of Richmond
Fifth
Federal Reserve District
District of Columbia
Maryland
Virginia
North Carolina
South Carolina
West Virginia
Dividend Declared by American Credit Corp
The board of directors approved a dividend of 22 percent per share on common stock payable April 1 to stockholders of record March 14.
MENTIONED IN THIS ARTICLE
American Credit Corp
Jewel Box Names Gordon Causey New Manager
Gordon Causey is named manager of the Jewel Box at 1395 Main Street by Lawrence M. Cohen president of Jewel Box Stores Corp. Causey has over ten years in retail, formerly managed 2 FW Woolworth Co in Norton Virginia, a Liberty native who studied at Guilford College. He joins Jewel Box in Burlington in August 1967 and completed Gemological Institute of America's jewelry course. He is married to Elaine Broadaway of Liberty, with a nine year old daughter, and the family will reside on Beachwood Drive Jamestown as members of First Methodist Church of Liberty.
MENTIONED IN THIS ARTICLE
Gordon Causey
Jewel Box
Main Street
Lawrence M. Cohen
Jewel Box Stores Corp
Causey
FW Woolwain Co
Norton
Liberty
Guilford College
Jewel Boxstores Corporation
Box
Burlington
Jewel
The
Gemological Institute of America
Retail Jewelers of America
Elaine Broadaway
Causey's
Beachwood Drive
Jamestown
First Methodist Church of Liberty
Eckerd Declares 10 Cent Dividend For Feb Payout
Eckerd Drug Stores announces a quarterly dividend of 10 cents per share payable February 28 to shareholders of record February 14. The company also reports nine month sales through December 28 up 37.7 percent from the prior year, with a 39 percent rise for the most recent quarter.
MENTIONED IN THIS ARTICLE
Eckerd Drug Stores, Inc
14 year old girl claims world record for tiny item stash
Shirley Kempster of Liverpool packed 208 items into a matchbox measuring 2 by 14 inches in a village contest and now claims the world record. Items ranged from an ant egg to a golliwog head a currant a flock of tea and a postage stamp in a single tiny container.
MENTIONED IN THIS ARTICLE
Liverpool
England
Shirley Kempster
Ati
Fieldman of the Year Named for 1968 Production
Eugene H. Self Jr district manager Crum & Forster Insurance District Office High Point attended a three day Durham workshop where Louis D Volpp dean Duke University GSB A was a featured speaker. Self received the Fieldman of the Year award for his 1968 production record.
MENTIONED IN THIS ARTICLE
Eugene H. Self, Jr
Crum & Forster Insurance Company
High Point
Durham
Louis D. Volpp
Duke University Graduate School of Business Administration
Self
Photo Copies of Valuable Documents and Artwork Services
Offered service to duplicate valuable documents, papers, and artwork in same size with options for negative or positive imaging. Specifies black and white or color handling with paraphrased pros, including life-long preservation of color and transparency work.
Unclear fragment prompts services offered at desk
A fragment lists constraints about handling documents and objects for copying or binding, noting limits like page count and item types and mentioning on‑the‑spot work. It reads like a shop offer or policy snippet rather than a full news item.
Professional Life Insurance Service Geo. P. Clark CLU
A note on services offered by Geo P Clark CLU and Ed Lyon in life insurance planning. Chronicles their professional roles and partnership, outlining advisory capabilities and client focus strategies in the field.
MENTIONED IN THIS ARTICLE
Professional Life Insurance Service
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FSB
Bank of England
United States
Sinclair Oil Corp
Gulf Oil Corp
Texaco, Inc
Sun Oil Co
Phillips Petroleum Co
American Oil Co
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Alley
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Iit
Aki
Cole Drugs
Ruddick
Colonial Stores
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W. Friendly Ave
Greensboro
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Jay Wood
Fleet Mer
English Motor CO
AY Hubbard
WEST
Mar
Sheraton Hotel
High Point, N. C
John W. Davis
Winston-Salem
Reynolds Bldg
N. C
Wachovia
F.D.S.C. Insurance
Reproductions, Inc
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Geo. P. Clark Clu
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Lyon Clu
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Main St
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N. Main
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Raleigh
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