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.
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AP Business News
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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.
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University of North Carolina At
Zeta Chapter
Delta Pi Epsilon
Unc-G School of Business and Economics
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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.
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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.
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American
Martinsville
R. M. Simmons Jr
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