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High Point Enterprise in High Point, North Carolina

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Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Mar 24, 1974

Page

3

Lifting Of Oil Embargo Seen Mixed In Effects

AP reports the oil embargo lift yields mixed results. Gasoline remains tight and costly despite price cuts by Gulf Oil. GM cancels 27000 layoffs as auto sales recover slowly, while February fuel prices rise 30.9 percent from 1972 and lift consumer costs, with food driving the overall rise.

AP Business News NEW York Nixon Gulf Oil Corp Gulf Detroit General Motors Corp General Motors Labor Department

Business Education Meet Set at UNC Greensboro

The 34th annual Business and Distributive Education Conference will run March 29-30 at UNC Greensboro, inviting about 300 educators and business representatives. Theme is Word Processing in Business and Office Education. speakers include IBM education manager L Millard Collins. Conference chair is Delores Miller of Southeast Guilford High School. Participants may earn one university credit toward certificate renewal.

Greensboro University of North Carolina At Zeta Chapter Delta Pi Epsilon Unc-G School of Business and Economics Unc-G Extension Division Elliott University Center Delores Miller Zeta Southeast Guilford High School James W. Crews Uncg Department of Business and Distributive Education Crews L. Millard Collins Office Products IBM Corp Franklin Lakes N.J

Market Dips on Light Trading Week Ends Lower

The stock market slipped last week with the Dow closing at 878.13 on Friday, down 9.70 from the prior week. The Associated Press average fell to 288.2, down 3.9, as analysts attributed the lull to recent short term interest rate increases.

Associated Press

American reports first quarter earnings and sales rise

American of Martinsville posted a Q1 net profit of 241 001 dollars or 9 cents per share versus 551 579 dollars or 20 cents last year. Net sales grew to 15 418 233 dollars from 13 227 050 dollars as management cites higher raw material costs and start up expenses at three new plants.

American Martinsville R. M. Simmons Jr

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