No Cool Off Economy Growth Still A Problem
AP Business writer reports that growth remains robust in many sectors and plans for record capital spending. Commerce and SEC surveys show $73 billion to be spent on new plants and equipment this year, up 14 percent from 1968, while employment climbs to a February high of 77,729,000. Inflation, taxes, and a 10 percent income tax surcharge loom as possible brake measures.
MENTIONED IN THIS ARTICLE
Jack Lefler
New York
Nixon
Commerce Department
Securities and Exchange Commission
Robert Piration
Coen
Media Reel
McCann-Erickson
Ing
Associated Press
U.S
Ad Agen
White House
Congress Motors
Chrysler
Ford Post
American Motors
Delk Attends Wisconsin Window Workshop at Andersen
W. B. Delk Jr. of Southland Supply in High Point attended a two day Window Workshop at Andersen Corporation in Bayport Minnesota. The program included a factory tour of the world's largest plant devoted solely to window unit manufacturing.
MENTIONED IN THIS ARTICLE
W. B. Delk Jr
Southland Supply
High Point
Andersen Corporation
Andersen
Bayport
Minn
Gambling Favored By LR.S. Gambling Favored By LR.S.
The IRS says gambling may be pleasure and recreation rather than profit. A non profit social club can host gambling devices for members and guests without losing tax exempt status if earnings do not benefit private shareholders. Even when local law bans gambling, revenue from devices need not jeopardize tax exemption.
MENTIONED IN THIS ARTICLE
Washington
Internal Revenue Service
Lr.s
IRS
Nixon Lags In Inflation Fight As Public Turns Tepid
Trade Winds by Lou Schneider notes few leaders back Dr. Paul McCracken urging restraint to curb inflation. Nixon’s silence on price hikes, labor resistance, and market doubts fuel talk of a possible one term presidency. Insurance Lane nickname as Prudential and MetLife leaders move near Park Lane in Madison.
MENTIONED IN THIS ARTICLE
New York
Paul McCracken
Council of Economic Advisers
Kennedy
Johnson
Nixon
McCracken
Richard M. Nixon
Labor Department
Richard Nixon
Madison
WN. J
Prudential Insurance Company
Donald 8. MacNaughton
Metropolitan Life Insurance Company
Charles A. Siegfried
Pro
Metro’s
Walker Shoe Co. reports 1968 gains in sales and earnings
The B. B. Walker Shoe Co. of Asheboro announces for 1968 its second straight year of growth with net sales rising to 19,619,017 from 19,283,110 in 1967 and net earnings at 721,001 versus 655,336 the prior year. Total assets climbed to 10,144,937 from 9,693,678 in 1967.
MENTIONED IN THIS ARTICLE
B. B. Walker Shoe Co
Asheboro
Gold Medal Florist Honor for William's Flowers & Gifts
William's Flowers & Gifts at 4018 S Main St High Point has been named a Gold Medal Florist by the National Selection Committee. Owners Hazel and Joel Williams have served the community for 27 years and Mrs Williams has held offices in regional florist associations and earned the Distinguished Service Award in 1968.
MENTIONED IN THIS ARTICLE
William’s Flowers & Gifts
S. Main Street
High Point
National Selection Committee of
Hazel
Joel Williams
New York Life Insurance in North Carolina 1968 figures
New York Life sold 58631315 in North Carolina life policies during 1988 per G Reid Marsh agent High Point. North Carolina in force life insurance reached 529980642 at year end. In 1968 NC owners received 9747092 in benefits. US and Canada sales totaled 54 billion, assets hit 10 billion.
MENTIONED IN THIS ARTICLE
New York Life Insurance Company
North Carolina
G. Reid Marsh
New York Life
High Point
United States
Canada
Helsabeck Joins John Hancock Greensboro Office
Ralph L. Helsabeck has joined John Hancock Mutual Life Insurance Co. after eight years with Pilot Life in Greensboro. A High Point College graduate in business administration, he will office at Clyde E. Swift Agency in Greensboro serving High Point and nearby areas.
MENTIONED IN THIS ARTICLE
Ralph L. Helsabeck
John Hancock Mutual Life Insurance Co
Helsabeck
Greensboro
Pilot Life
High Point College
Clyde E. Swift
John Hancock
High Point
New Firm Is Organized for Dallas Insurance Agency
Dallas Sanders Dallas Jr forms Dallas Insurance Agency at 685 N Main St to sell and service personal and commercial accounts. A Columbia MBA graduate 1962, he served two years in the U S Army, is a deacon at First Presbyterian, member of High Point Jaycees, and on Boys Home of North Carolina executive committee. He and wife Vicki Smith reside with two sons at 635 Westwood.
MENTIONED IN THIS ARTICLE
Sanders Dallas Jr
Dallas Insurance Agency
N. Main St
John W. Herndon
Wachovia Insurance
Dallas
Davidson College
Columbia University School of Business Administration
Columbia
Benning
First Presbyterian Church
High Point Jaycees
Boys Home of North Carolina
Vicki Smith
High Point
J. Sanders II
Davidson Hayes
Westwood
Integon Unveils Unified Services Under New Branding
Integon Corporation announces added services and a new name to better identify offerings. The company emphasizes listening to customers and planning for future needs as it launches the rebranded suite.
MENTIONED IN THIS ARTICLE
Integon Corporation
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Arkets
Aeratron
Alba Waidersian
American Fidelity
American Lang Va
American Mortgage
Atlanta
Barter Greene
Bassett Furniture Bowater Paper
Bank of N.C. Bato Ta
Brigadier Inds. Corp
Brush Beryllium
Buckbee-Mears
Cato Stores
Tharolina Casualty
Carolina Caribbean
Gerolina Pwr. & Lt
Carolina Steen Carolina Freight Carriers
En Carolina Wholesale Fist
Central Carolina Bank
Dis
Central Vermont Ry
Charlotte Motor Speedway
Chatham
Gulf Life Ting
Hardees Sys. Com
Agat Harris-Teeler
Home Security
Integen Corp
deHerson Pilot Corp
Jeselyn I
Key Co
Lance, Inc
Life of Carolina
Lowes Companies
Public Service of N.C
Slave Real Estate Fund
Debs Roberts
Vi Roses Stores
Rowe Furn
Ruggick
Senace Pros Serg Paper Co
Southern National State Capital Life OV
Teo Ind
Textiles, Inc
Walker, B. B. Shoe
Western Carolina
Corporation
Alan Emory
North American Newspaper Alliance
Nia
Hme
Raat
Motor CO
Lou Schneider
North
David W. Adams Business & Personal Insurance
Ncnb
Prudential Insurance Co. of America
Lane
Stellers
Computer Service Standard
WOME
Dailas Insurance
Hornblower & Weeks
Hemphill Noyes
New York Stock Exchange
W. Friendly Ave
G. Jones
Charles E. Diffendal
Ray Hubbard
Williams
United Fund
Archdale Trinity Lions Club
Telephone
Reproductions, Inc
E. Westwood
Alephon
J. Sturgis May & CO
al Incorporated
North Carolina Bank
SA Group Insurance A
CMA
Peter Merry
Security Life and Trust Company
Robert A. McCliston
High Point Bank
Intego Corporation
Dgeouse Starie He
Professional Life Insurance Service
Geo. P. Clark Clu
Hayden Place
Lyon Clu
W. High
Wachovia
Federal Deposit Insurance
Wachovia Bank & Trust, NA
Membe Fdl