Favorable Signals Boost U S Economy Amid Labor Strife
The Pay Board rejected a West Coast longshore contract, heightening the risk of a 134 day strike. A 8 to 5 decision favored a 14.9 percent settlement with 4.9 percent pension and insurance preserved. The Price Commission loosened annual caps while limiting item increases to 8 percent. Fed data showed February industrial production up for a third month, with January sales at a record 120.6 billion and inventories rising.
MENTIONED IN THIS ARTICLE
New York
The
Price Commission
Congress
Nixon
Pay Board
West Coast
Gulf Coast
Commission
Federal Reserve Board
Department of Commerce
At The Mall Seminar On Shoplifting Set
A shoplifting prevention seminar organized by Westchester Mall Merchants Assn Small Business Administration and Guilford Technical Institute runs March 20 21 from 8 to 10 am in the K and W Cafeteria Westchester Mall. Mrs Pegey Hadden leads with Sgt Furman Melton Don Davis and Mrs Elizabeth Ingram presenting on enforcement legalities and consumer abuse. Films Shrinkage Paper Hangers Out To Get You shown to train sales personnel and pamphlets against shoplifting distributed at PTA meetings.
MENTIONED IN THIS ARTICLE
Westchester Mall Merchants Assn., Small Business Administration
Guilford Technical Institute
Westchester Mall
Pegey Hadden
Furman Melton
Greensboro Police Dept
Don Davis
State Attorney General's Office
Elizabeth Ingram
Wachovia Bank
PTA
Home Buying Costs Clarification Asked
NAHB president Stanley Waranch asks Congress to distinguish closing costs from settlement costs in HUD regulation. He emphasizes holding closing costs to a minimum and defines closing costs as loan and title transfer expenses, while settlement costs include ownership charges such as points prepaid taxes and commissions.
MENTIONED IN THIS ARTICLE
Senate Judiciary Committee
International Telephone & Telegraph Corp
Justice Department
Denver
ITT
Washington
Dita D. Beard
U.S. Atty
John N. Mitchell
Harold S. Geneen
Geneen
Washington, D. C
National Association of Home Builders
Congress
NAHB
Stanley Waranch
John J. Sparkman
D.-Ala
William A. Barrett
D.-Pa
Senate
House
Secretary of Housing and Urban Development
Waranch
HUD
Tax hike seen after elections noted by bankers
New York banking executives agree income tax increases are needed to cover federal deficits. They expect legislation after the elections in early 1973, as deficits for 1971 72 and projected 1973 total about 87 billion dollars. Budget Director Shultz calls 1973 spending barely in control amid rising capital outlays and loan rates.
MENTIONED IN THIS ARTICLE
Lou Schneider
Alliance
New York
George Shultz
David Barry
Hanover Trust
Stocks Rally After Profit Taking Week Decline
The stock market recovered from heavy profit taking on Monday and rose gradually. The AP average of 60 stocks closed Friday at 338.0, up 1.2 from the previous week, while the Dow Jones industrial average finished at 942.88, up 3.01 for the week.
CPA A Waldo Sowell to address Piedmont Chapter meeting
A Waldo Sowell Jr. certified public accountant and managing partner of Alexander Grant & Co will speak on Continuing Education and Professional Development at the Piedmont Chapter meeting on Tuesday at the Ramada Inn Greensboro. The Triad SAM meeting follows with Guion Phillips leading Do you Really Listen at Bur-Mil Country Club Greensboro.
MENTIONED IN THIS ARTICLE
A. Waldo Sowell Jr
Georgia Society of C.P.A
The
Emory University
Ramada Inn
Greensboro
Triad
Society For Advancement of Management
Bur-Mil Country Club
Guion L. Phillips
Financial Control Department
Burlington Industries
SAM
Bank debits rise in North Carolina centers in February
The Federal Reserve Bank of Richmond reports increased bank debits in all North Carolina major reporting centers for February year over year. The February rise indicates stronger money movement across financial hubs within the state.
MENTIONED IN THIS ARTICLE
Richmond
North Carolina
Federal Reserve Bank of Richmond
Richmond Fed survey shows banks’ loans rise in 28 giants
A weekly survey by the Federal Reserve Bank of Richmond reports that gross loans at 28 of the largest banks increased. The release highlights lending activity across the sector during the period observed.
MENTIONED IN THIS ARTICLE
Federal Reserve District
Richmond
Federal Reserve Bank of Richmond
Sickness May to Your Wealth Ad for Disability Insurance
Ad urges readers to consider Integon disability insurance to protect income during sickness or accident. Highlights steady bills and income protection through the Listener.
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U. S
DOW Jones
George P. Clark
C.S.A
Hayden Place
Mulitiengine
Butler Aviation Gue
N.C
Pinion Business College
Vocaliono
Pinion
Associated Press
NASO
Garfinckel Brooks Brs
Georgia International
Moorer Company Sa Josign Mig
Kenan Transport
Asved Kewaunee Scientific
Atlanta Gas Light
Knape & Vog
Mig On NM
Barber Greene Mle
Lance, Inc
Lowes Companies
Black Industries
Macks
Brenner Industries
Carmine Foods
Occidental
Carolina Pal
Carolina Wise Fio - Peoples Bank & Trust Bio - Central Car Bank
Central Vermont
Natl
Bk & Tr
We Piermont Aviation Ae Wy Champion
Southern Nat Corp
Colonial Stores
Colonial Stores 4 Pcr Pfo
Sugardale Foods
Conner Homes
Durham Lite
Carl
el Paso Electric Ay
Tri South
Equitable Leasing
E'E Tri South
Farmers New World
United Carolina Bks
First Provident
Vermont American
Ed Lyon, Jr
C.la
Nat
Wilmington Standard Metropolitan Statistical Area
Charlotte Smsa
Asheville
Fayetteville
Smsas
SMSA
Durham
Greensboro - Winston-Salem- High Point
Raleigh
U.S
R. Richard Holmes
Interstate Securities Corporation
Holmes
High Point
Brigham Young University
Interstate
Liberty Mutual Insurance Company
New York Institute of Finance
New York Stock Exchange
G. E
Pete’’ Schultheiss
C.L.A
Metropolitan Life Insurance Co
C.L.U. Institute
Stetson University
Deland, Fla
Schultheiss
C.l.u.’S
American Society of Chartered Life Underwriters
VW Shop
Manuel
DON Gilstrap, Inc
N. Main
Highland Motors Inc
N. Main St
N. C
Olds - Cadillac
Robert McCuiston, C.sa
South Main Street
Integon Financial Services
NEW York and American Stock Exchanges