Economy Seen Booming As Controls Tightened
President Nixon moved to tighten Phase 3 price controls amid signals of growth. Wholesale prices rose 12 percent annual rate in April while wholesale food fell for the first time in six months and industrial prices climbed 1.4 percent led by fuels. Ford’s first-quarter profits rose 43 percent to 360.7 million and sales reached 6.1 billion as orders and construction spending rose.
MENTIONED IN THIS ARTICLE
New York
Nixon
Ford Motor Co
Chrysler
General Motors
Caro Corp
Associated Press Central Carp
Bank
Central Vermont
Represen Champion Parts
Charter Bankshares
Charter Co
M Mission
Chatham Mfg
C&s Corp
S.C
Ald, Inc
Coca-Cola Co
Consol
Aerotron
Cochrane Furniture
N C
Colonial Life
Comm. Bank of Greensboro
Bank of Granite
Bankers Trust of SC
Conner Homes
Brenner India
Context
Bill Allen Co
Daniel Internat Com
Diamondhead Corp
Inds
Durham Life Ins
Bluefield Supply
Econo-Travel
Bank & Trust E
Paso Electric
Brenne
Tar Heel Economy Thriving in Early 1973
The North Carolina economy rose in early 1973 with the Wachovia Business Index at a record 131.4 in March, up about 1 percent and 1.2 percent monthly since October 1972. Unemployment fell to 2.3 percent while manufacturing jobs advanced, wages rose but real income lagged due to inflation, and consumer spending remained high with bank debits up 27 percent in Q1. Retail sales and new car volumes also stayed well above last year’s levels in major metros.
MENTIONED IN THIS ARTICLE
North Carolina
Wachovia
Raleigh
Charlotte
Greensboro - Winston - Salem
High Point
Market recovers after late week lows on stock indexes
The stock market rose last week after a Tuesday low as the Dow Jones average closed at 953.87 on Friday up 31.68 from the prior week. The Associated Press average gained 8.2 to finish at 309.6. Analysts linked Tuesday’s lows to investor concerns about the economy.
MENTIONED IN THIS ARTICLE
Associated Press
Five promotions at Thomasville Furniture Plants announced
Thomasville Furniture Industries promotes five staff across Plant A Plant L Plant T and finishing operations. Names include Tom Thompson Walter Johnson Jim Floyd James McGee and Cora Dorsett with new roles from assistant superintendent to supervisor and operations head in data processing. Willis Rice receives IBM Means Service Award in Greensboro.
MENTIONED IN THIS ARTICLE
Thomasville
Thomasville Furniture Industries
Tom Thompson
Bramwell
W. Va
Mercer County
West Virginia University
Blair Street
Walter Johnson
E. Holly Road
Thomasville Furniture
Johnson
Jim Floyd
Plant T
Floyd
High Point
James McGee
McGee
High Point College
Montlieu Avenue
Cora Dorsett
Greensboro
Willie Lee
Jimmie) Rice
IBM
Office Products
Rice
Also Mentioned on This Page
Washington
Eonomy
Commerce Department
Tar Heel
Basu
ETA
DOW Jones
Fii
Little Mintoa Lowes Companies
Mack’s
Methods Electronics
Ncnb Corp
NC Natural Gas
Northwest Fin. Corp
Pay Nave
Peoples Bank of
Rocky Mt
Phillips Fescue
Piedmont Aviation
Piedmont Real Estate
Planters Bank
Rocky Mt Provident Financial
Public Service of NC Quality Mills
Redfern Foods
Reid-Provident Labs
Rex Plastics
Rose’s Stoel
Royal Scotsman
Safeguard Auto Salem Carpet
Sal Soloman
Savannah Foods
Sea Pines
Security Finance Corp Shoneys Big Boy
Sonoco Products
S.c.national Cor
Southern National Corp
Southern National Debs
Spartan Food Systems
Sugardale Foods Ym
Super Dollar Stores
Synercon Corp
Thalhimer Bros
Transport Data
Tri-South Mort
Wts
Triangle Brick
Turner Communications
Unifi Inc
United Corp. Bancshares
Vermont American
Virginia
International Virginia Lavshares
B. B. Walker Shoe
Washington Group
Wellington Hall
West Knitting
White Shield Co
Wix Corp
Wright Machinery
Commander Board International, Inc
Commander Board
Commander Board International. Inc
59Th St
Dept
Ray Hubbard
San Francisco
Calif
Haith
Ronald
Oberline Dr
Sears
Philadelphia
Winston - Salem
Asheville
A & T State University
Modest S. Blackmon
Jerry Misenheimer
Johnson - Dixon
the Realtors
Misenheimer
Community College
Real Estae Education, Inc
Corina Circle
Jan Ledberry
Snelling and Snelling
Gatewood Avenue
Las Vegas
Nev
Snelling and
Snelling
Etna Business Credit, Inc
N. Hamilton St
N.C
Mayflower
Fred
Granville Moving
S. Hamil
Fred P. Newby
Southeast
Wachovia Bank & Trust
S. Hamilton St
Timothy R. Yates
Robert McCuiston
C.L.U
CLU
American College of Life Underwriters
Bryn Mawr
Pennsylvania
THE
American Society OF Chartered Life Underwriters
David W. Adams
Roland W. Albertson
N. Calhoun Anderson
J. Leslie Andrews
Robert L. Carlson
John A. Cocklereece
CLI
George P. Clark
Grover H. Cole Clu
John Czarnecki
Delbert R. Kirkman
Edwin R. Lyon, Jr
Robert McCuiston Clu
Bob L. Parrish Clu
Jack W. Smith Clu
Paul Owen Clu
Pete G.E. Schultheiss Clu
W. C. White
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!