Price Freeze Looms For Late Report Filers In Large Firms
The Price Commission ordered a price freeze on large firms that fail to file quarterly profit-margin reports by next Wednesday and threatened penalties including fines up to 2500. The government will boost monitoring of food costs while not altering food price controls. President Nixon aides doubt Phase 2 wage and price controls will end in 1972.
MENTIONED IN THIS ARTICLE
New York
The
Price Commission
Cost of Living Council
Nixon
Herbert Stein
Council of Economic Advisers
Justice Department
Grayson
Treasury
John Connally
Texas
San Francisco
Albert C. Wollenberg
U.S
International Longshoremen's and Warehousemen's Union
Pacific Maritime Association
ILWU
Gulf Coast
New Orleans
Trade Winds Backlash From ITT Inquiry Deepens
Banking and corporate leaders fret over ITT hearings harming conglomerate image as major antitrust and executive conduct questions arise. The piece notes vast corporate growth since the New Deal, mentions General Motors and ITT’s empire, and cites labor and economic data including dock wage escrow talks, factory orders, construction spending, auto production, and American Motors profits.
MENTIONED IN THIS ARTICLE
North American Newspaper Alliance
New York
Senate Judiciary Committee
Jack Anderson
Justice Department
ITT
Kennedy and Johnson
International Telephone and Telegraph
United States
General Motors
Senate Judicial Committee
Market slides as Vietnam news shapes weekly totals
Stocks fell last week as brokers blamed Vietnam events for lower prices. A denial of a truce proposal dampened Wednesday trading, while a report on secret peace talks helped Friday gains. The AP 60-stock average closed at 332.2, down 4.1 from 336.3. the Dow at 941.23, down 12.94 from 954.17.
MENTIONED IN THIS ARTICLE
Vietnam
Dow Jones
Stock Quotations Reported by Associated Press
Prices from the National Association of Securities Dealers reflect interdealer quotes around 3 30 p m Friday with no retail markup or markdown commission included.
MENTIONED IN THIS ARTICLE
National Association of Securities Dealers
Banker's Night set by Piedmont CPAs speaker John Pipkin II
John B Pipkin II NC National Bank of Charlotte vice president will headline Banker's Night for the Piedmont Chapter of the NC Association of CPAs on May 9 at the Ramada Inn Greensboro. He will discuss A Credit Man's Confession. Hazel Carter of Carter Cosmetics announces Carter Teen Sales division seeking High School girls 16 17 and 18 to sell Young America cosmetics. Pilot Life reports first quarter sales up more than 53 million to 205 398 614 and in force up 65 percent to 104 994 376.
MENTIONED IN THIS ARTICLE
Little Mint
Ligh Corp
Lowe’s Companies
Mack’s
Wuewentes
Mid-South
Manren Group
As Multimedia
Ncnb Corp
NC Natural
Aerotron
Northwest
Fin. Corp
Fin
NoWestern
American Furniture
Atlanta
Peckope. Homes
Tna
Baker Bros
Peoples Bank
Rocky Mr Phillips Foscue
Bankers Trust S.C
Pick Payeres
Barber Greene
Piedmont
Avia Hell Bassett Furniture
Planters Bank
Lone Mt
Bill Allen
Puritan Fashion
Reid-Provident Labs
Rex Plastics
Bank & Trust
Rose’s
Ruddick Corp
Com
Brenner Inds
Séc
Brush
Saveway B & B
Burkyarns
Security Finance Corp
Ave & Sims
Sonoco Sonoco
South Carolina
Cameron Brown
National Bank
Southern National Corp
Ma Brown Wis
Southern Natl
Debs
Cannon Mills
Spartan Peel Systems
Carolando Com
Spelzman
Carolando Wis
Sugardale Foods
Carmine Foods
Synercon Corp 2A
Carolina Caribbean
Carolina Cas
Ins. Textiles
Carolina P&l
Carolina Transport Data Commun
Carolina Wise
Cartridge TV
Tri-South Mortgage
S Card Corp. Nn
W's
Central Caro, Bank
Triangle Brick
Central Vermont
Turner Communication Unifs Inc
Champion Parts
United Caro, Bancshares
Charter Bankshar
B . Walker Shoe
Charter Co
Chatham Mfg
Vilelin C&s Corp
S.C
White Shits Co
Cocharane Furniture
Wix Corrae Colonial Life
Wright Machinery
Colonial Stores
Bank of Greensboro _ Conner Homes
Context Inc
Daniel Internat
First Provident Corp
Garfinckler Brooks
Georgia
Guardian Corp. Ée
Harrelson Rubber Hardees Food Systems
Henredon Furniture Wa
Hickory Furniture
Home Security Life
Ivey
Sotpen Mfg
Kenan Transport
Kewaunee Scientific
K Knape & Vogt
MD 24 Tite ‘Rat of
Caro
John B. Pipkin II
North Carolina National Bank of Charlotte
North Carolina Association of Certified Public Accountants
Hazel Carter
Carter Cosmetics, Inc
Carter Teen
Young America
Carter
Pilot Life Insurance Co
C. P. Miller
High Point
U. S. Navy
Duke University
Pickard
Southern Life Insurance Co
Greensboro
Starmount Forest Country Club
J. A. Hines
W. L. Carter Jr
Hines
Southern Life
Beef Calf Production Inefficient Says Expert
Washington AP reports Agriculture Department agronomist Dr. Harlow J. Hodgson says beef calf production is inefficient and at risk of shortages and higher prices without increased federal and state research. He notes forage and pasture dominate beef feed and highlights cutbacks in forage research from 1966 to 1970, urging renewed funding.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Harlow J. Hodgson
Cooperative State Research Service
USDA
Hodgson
Farm Editors of America
Scholarships to secure a bright future described
Ten years from now, plan ahead with Integon insurance and financial services to cover college costs. The ad suggests speaking with an insurer agent to prepare for education expenses and related charges.
MENTIONED IN THIS ARTICLE
Lstener
Integon
Also Mentioned on This Page
Stein
C. Jackson Grayson Jr
BY Lou Schneider
Commerce Department
Federal Reserve
American Motors Co
Jason
Endian
Mami
Associated Press
Atwood Corporation
Frank G. Lohnes
Rawson L. Wood
G. E. Schultheiss
Trenton St
Florida
Metropolitan Life Insurance Co
Schultheiss
S. Wrenn St
Metropolitan Life
Canada
Interstate Commerce Commission
High Point Traffic and Transportation Club
Holiday Inn South
William T. Underwood
Richard Shaw
Bob Stanley Gray Caney
Jim Eheret
ICC
Stanleytown
Robert R. Niver
Stanley Furniture Co
Roger W. Farley
Niver
George P. Clark, C.L.A
Hayden Place
Dan Cruthis
English RD
Corner Elm St
Robert McCuiston
C.sa
South Main Street
Mansion
Taylor and
Buddy
T Ville Mobile Home Sales Inc
Carl Wray
Bill Price
Pop Price
AL Miller
Larry Seay
Eugene Anderson
Lexington Ave
Thomasville
N. C