When Is Question Lowered Interest Rates Predicted
AP report surveys bank officials in major centers predicting a U S rate cut likely in the next quarter with 8 percent minimum lending rate to corporate customers under review amid demand. Fed data show January debt slow growth and looming political pressure cautions. Congress acts on rail strike and cigarette ads ban. Economic forecasts from Friedman and others fret inflation risks ahead of elections.
MENTIONED IN THIS ARTICLE
Carole Martin
New York
Bank of England
U.S
A. W. Clausen
Bank of America
United States
Continental Illinois Bank and Trust Co
University of Chicago
Milton Friedman
Federal Reserve Board
Congress
Chrysler
Senate
House
Nixon
Federal Trade Commission
Business Leaders Public Offerings Seminar Planned
A Carolinas Regional Chapter meeting of the Metal Building Dealers Assn will be held March 18 at 6 p m in the Barringer Inn Charlotte. Co chairs are John C Anderson Roe buck Building Co and Harry S Williams H S Williams Inc Marion Va both MBDA directors. The Charlotte meeting is part of spring nationwide chapter organization activity with new chapters in progress across major cities.
MENTIONED IN THIS ARTICLE
Carolinas
National Metal Building Dealers Assn
Barringer Inn
Charlotte
John C. Anderson
Roebuck Building Company
Roebuck, S. C
Harry S. Williams
H. S. Wiliams, Inc
Marion
MBDA
Anderson
Boston
Minneapolis
Kansas City
Louisville
Atlanta
Dayton
Chicago
Denver
Madison
Oakland
McCraw & Company
Carl McCraw, Jr
McCraw
Downtowner Motor Inn
Coliseum
American Building
Appalachian Hardwood Names James L Gundy Public Relations Director
Appalachian Hardwood Manufacturers Inc a Cincinnati based trade group announces James L Gundy as director of public relations and product development. Gundy who lives in High Point will work with furniture manufacturers and trade publications while maintaining his residence locally. He brings prior PR and journalism experience and served in the US Marine Corps. The note also mentions State Farm and Vince Lombardi addresses at a Las Vegas convention for agents.
MENTIONED IN THIS ARTICLE
Appalachian Hardwood Manufacturers, Inc
James L. Gundy
Appalachian Forest
Gundy
National Home Furnishings Assn
High Point
Nrfa Reports
U.S. Marine Corps
Illinois
Loyola University In
Chicago
University of Wisconsin
Appalachian Hardwood
Bob T. Andrews
Gene St
Las Vegas
New State Farm
Edward B. Rust
Washington Redskins
Vince Lombardi
State Farm
Kroehler to Close Out Chair City Operation
Kroehler Mfg Co will consolidate wood furniture production at Lexington and Welcome and begin phasing out the Thomasville plant. The move follows a 1969 loss in the wood division, with efforts to relocate workers to Lexington or Welcome and improve efficiency and dealer service. The company owns 416 workers at Lexington and 112 at Welcome. Kenneth Kroehler cites profitability of the upholstered division and aims to boost earnings.
MENTIONED IN THIS ARTICLE
Lexington — Kroehler Mfg. Co
Welcome
Thomasville
Peter Engel
Wood Furniture
Kroehler Mfg. Co
Kroehler
Colonial Mfg. Co
Lexington
Engel
Kenneth Kroehler
Stock Quotes From NASD Inter-Dealer Prices
Quotations from the NASD reflect representative inter-dealer prices around 3 p.m. Thursday. Markets fluctuate during the day and prices exclude retail markups, markdowns, or commissions.
DeWitt Moves DeWitt Carroll to Greensboro PR HQ
DeWitt Carroll, Charlotte manager of John Harden Assa, moves to the public relations firm’s Greensboro headquarters this spring.
MENTIONED IN THIS ARTICLE
DeWitt Carroll
Charlotte
John Harden Assa
Greensboro
Conrad joins Daniel General Contractors as planning engineer
Stephen G. Conrad son of Mr and Mrs G Dermot Conrad of Rt 1 Old Greensboro Road Thomasville has joined Daniel General Contractors an international firm Conrad is working in Lexington as general contractor on the PPG expansion project planning and scheduling engineer with the firm A 1967 East Davidson High graduate Conrad attended Ashmore Business College.
MENTIONED IN THIS ARTICLE
Stephen G. Conrad
G. Dermot Conrad
Rt. 1
Old Greensboro Road
Thomasville
Daniel General Contractors
Conrad
Lexington
East Davidson High
Ashmore Business College
Moffie to Speak at Greensboro Management Group Meeting
Dr. Dannie J. Moffie industrial psychologist will address the Greensboro Chapter of the Society for the Advancement of Management at Sedgefield Country Club on March 10. His talk titled Governmental and Psychological Aspects of Personnel Testing will cover industrial testing validity and objectives with a Q A period. A social hour and dinner begin at 6 30 p.m.
MENTIONED IN THIS ARTICLE
Dannie J. Moffie
Greensboro
Society For Th Advancement of Management
Sedgefield Country Club
Moffie
University of North Carolina At
New Truck Service Opens Piedmont Terminal in Winston-Salem
Transamerican Freight Lines Inc with Detroit headquarters locates Piedmont terminal in Winston-Salem. The first load from Gravely Tractor Co. Clemmons NC was picked up and shipped to a direct terminal point. The first southbound delivery went to Western Electric in Winston-Salem. Terminal manager is Bill Teague of Winston-Salem.
MENTIONED IN THIS ARTICLE
Transamerican Freight Lines, Inc
Detroit, Mich
Piedmont, N. C
Winston-Salem
Gravely Tractor Co
Clemmons
N. C
Western Electric
Bill Teague
Bond sales dip in January across Series E H and Freedom Shares
Total January sales of Series E and H bonds and Freedom Shares reached 5,616,083 dollars, down 7.6 percent from January last year. Guilford County sales, per J E Pleasants, volunteer chairman of the Savings Bonds program in High Point, totaled 505,425 dollars in January.
MENTIONED IN THIS ARTICLE
Guilford County
J. E. Pleasants
High Point
Arwood Reports 1969 Earnings and 1968 Comparison
Arwood Corp. posts net income of 529,600 or 45 cents per share on 31,834,200 sales for 1969, an all time high. For 1968 the company reports 1,378,900 net income or 1.16 per share on 31,320,400 sales.
MENTIONED IN THIS ARTICLE
Arwood Corp
Local Firm Sold to M and J Financial Corp
Industrial Financial Corp at 232 S Main St is purchased by M and J Financial Corp of Shelby. Joseph P Hollingsworth remains as branch manager with four other employees staying. Hollingsworth continues to own and lease the offices for 10 years. M and J is a Northwestern Bank subsidiary.
MENTIONED IN THIS ARTICLE
Industrial Financial Corp
S. Main Street
M and J Financial Corp
Shelby
Joseph P. Hollingsworth
Northwestern Bank
Dixie Personnel offers better jobs since 1954 ad
Career guidance and placement service promotes receptionist, advertising, publishing and merchandising fields. Encourages initiative and responsibility with small-company roles. Visit Dixie Personnel at Arcade Building, room 115, for professional counseling open daily 9 to 5.
MENTIONED IN THIS ARTICLE
Dixie Personnel
Arcade Building
Also Mentioned on This Page
General Motors
Chrysler Corp
Auto
U.S. Labor Department
National Industrial Conference Board
Business Leaders
Metal Firms
Ray Hubbard
Ducers
America
Andrews
The
Associated Press
Aerotron
American Land
Niava
Atlanta Gas Light
Bassett Furniture We
Branch Bank of N.C
Nnd
Brush Beryllium
Buckbee-Mear
C.M.C. Finance
Carolina Casualty
Walv Carolina Caribbean
Carolina Freight Carriers
Carolina Pwr. & Lt
Carolina Steel
Central Carolina Bank
Central Vermont
Chatham Mfg. Co
Cochrane Furniture
Colonial StoresCom
Colonial Stores
Raddock Ter
Durham Life
Equitable Leasing Veed Farmers New World
Wa Federal Company First A
First Union Heat Bancorp
Franklin Life
Garfunckel Brooks Bros
Georgia International
Wa Guardian Care
Gwal
Hardees Sys. Com
Hickory Furn
Ncnb Corp. N.C. Natural Gas
Occidental Life
Bank & Trust
Phillips Fescue Pay ‘N Save
Sedmont Aviation Va Piedmont Natural Gas
Ruddick Cava
Ruddick Icconte
Sonoco Prods
Son, Nat’i Corp
Pan Textiles, Inc
Vermont American
Walker
Shoe
Mills Weill Hall
Wix Co
Wright ‘Machinery Ma
DeWitt
Lane
Jellerson
New Truck Service
Arwood
Alsay
Siti
West High St
Tandard
DODGE
Ford General Motors
Howard Stutts
William Bell
Piedmont Triad
Ilderton Auto and Truck Leasing At
Horace G. Ilderton, Inc
S. Main
Photostats
Single X Reproductions, Inc
E. Westwood
Hollingsworth
Ford
English Motor Co
Jay Wood
English Motor CO. Lease and Fleet Dept
N. Main ST
Old Winston RD
Aled
Robert McCuiston
C.L.A
South Main Street
Adams-Carlson
Linden St
Professional Life Insurance Service
Hayden Place
C.L.U
Geo. P. Clark
Lyon
Cag
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