Corporate Profits Jump Amid Phase 2 Curbs in 1972 Quarter
U.S. Commerce Department reports before tax corporate profits rose 5.6 billion to 91.6 billion at an annual rate for Q1 1972. GNP revised higher with 12 percent growth and 6 percent inflation, while ITT and GE face antitrust actions and California warns VW over emissions.
MENTIONED IN THIS ARTICLE
New York
U.S
Commerce Department
General Motors
ITT
California
Edmund G. Brown Jr
Justice Department
General Electric Co
U.S. District Court
Auburn
N.Y
General Electric
Antitrust
California Air Resources Board
Volkswagen
National Railroad Passenger Corp
Unique Scholarship Foundation Spotlight At Dinner
The THA Foundation plans its first annual dinner at Emerywood Country Club Tuesday night drawing more than 100 business leaders. The program funds scholarships for Boy Scouts of America youths pursuing youth service careers, with $100 annual contributions from businessmen. Zenon Hansen of Mack Trucks will speak on moral leadership, while James Millis chairs the board overseeing hundreds of participants and several dozen scholarships already awarded.
MENTIONED IN THIS ARTICLE
THA Foundation
Boy Scouts of America
Tom Haggai
James H. Millis
Foundation
Adams-Millis Corp
Emerywood Country Club
Zenon C. R. Hansen
Mack Trucks
Allentown
Millis
Earl N. Phillips Sr
High Point
Calvin S. Bryant
Wachovia Trust Co
John T. Roddey Jr
Rock Hill
S. C
R.T. Amos Jr
Amos Hosery
Alden Barbour
New Brunswick
N.J
U.S
John M. Belk
Belk Stores Service
Charlotte
Herman Bernard
Cosard Furniture
Jack H. Campbell
Fla
Belk-Lindsey
D. K. Miller
Miller Optical Co
George Stark
Indianapolis
Stark-Wetzel Co
Joe P. Temple
Investments
Oliver Wetterau
St. Louis
NCNB economists praise economy rebound and NC growth
The spring NCNB Economic Trends report by Alfred G. Smith III and Donald H. Snyder notes strong U S and North Carolina economic rebounds with residential construction lifting GNP over five quarters and solid consumer spending. Unemployment at 5.9 percent in March remains the key drawback.
MENTIONED IN THIS ARTICLE
NCNB
Alfred G. Smith III
Donald H. Snyder
Smith
Snyder
Banks Report Mixed Change in Fifth District Loans
Federal Reserve Bank of Richmond survey shows total loans for the 28 largest Fifth District banks rose to 10.855 billion as of May 10, with domestic commercial loans down 6.775 million and nonfinancial loans up 18.063 million. Demand deposits fell sharply while time deposits and investments posted gains. securities repurchase agreements varied across categories. Real estate, nonfinancial, and consumer loan segments drove gains in several categories.
MENTIONED IN THIS ARTICLE
Federal Reserve Bank of Richmond
Fifth Federal Reserve District
Stock Quotations From The National Association Of Securities
Quotations from the National Association of Securities Desiers show representative interdealer prices as of about 3 30 p m Friday. Prices exclude retail markups or markdowns and related adjustments.
MENTIONED IN THIS ARTICLE
National Association of Securities Desiers
Prices rise for second straight session on Friday
Stock markets advanced in active trading as the Dow Jones industrials gained 10.31 points to 961.54 and the AP average of 60 stocks rose to 334.3. The move marked a continued uptick in prices with cautious investor sentiment persisting.
MENTIONED IN THIS ARTICLE
Associated Press
Promotions at Two Forest Life Insurance Agency Office
Two Promoted Reserve Life Insurance Co. district office announces James R. Branham as assistant district manager and Jack Marshburn as district life trainer. Branham, a Pine Forest High School graduate, trained in Charlotte offices. Marshburn, a Richlands High School and Catawba College graduate, lives in High Point. Both have offices in the Arcade Building.
MENTIONED IN THIS ARTICLE
Reserve Life Insurance Co
W. C. Suggs
James R. Branham
Jack Marshburn
Branham
Pine Forest High School
Fayetteville
Charlotte
Marshburn
Richlands High School
Catawba College
High Point
Arcade
Lexington carrier appoints John McAlexander operations manager
Ray Hubbard reports Glasson Motor Lines of Lexington names John McAlexander as operations manager with prior work at Old Dominion Truck Lines in High Point and Pilot Freight Carriers in Winston-Salem. He will work from the Lexington general office and is married to Shirley Dement with two sons living in High Point on Greenhill Drive.
MENTIONED IN THIS ARTICLE
Glasson Motor Lines of
Lexington
John McAlexander
McAlexandears
Old Dominion Truck Lines, Inc
High Point
Pilot Freight Carriers, Inc
Winston-Salem
McAlexander
Shirley Dement
McAlexanders
Greenhill Drive
Freeman Associates International expands operations and reach
Freeman Associates International formed by Freeman principals expands Latin America operations. Offices opened in St. Thomas and Santiago with ties to firms in El Salvador Honduras Costa Rica Panama Colombia and Peru. Current project includes a 2000 family community for Antigua government. William N. Edwards wins 1972 National Cow Judging Contest for Advertising People scoring 494 of 500.
MENTIONED IN THIS ARTICLE
Freeman Associates International
William and
George Freeman
Charles J. Jones
William H. Hawley
J. R. Mitchell
Robert M. Pitts
Martin A. Sewell
High Point
Freeman Associates
el Salvador
Honduras
Costa Rica
Panama
Columbia
Peru
Freeman Associates _International
Antigua, West Indies
William N. Edwards
Edwards Advertising Here
Advertising People
Heard
Dairyman Magazine
Wachovia Unveils 32-Story Charlotte Main Office Plan
New Wachovia Bank and Trust proposes a 32 story main office at Second and Tryon in downtown Charlotte. The 651,400 square foot tower would rise 422 feet 8 inches, developed by Cousins Properties Inc. Architect William B. Little designed the building. Wachovia would occupy over 20 percent of the space.
MENTIONED IN THIS ARTICLE
Wachovia Bank and Trust Company, N.A
Second and
Tryon Streets
Charlotte
Cousins Properties Inc
William B. Little
Wachovia
Also Mentioned on This Page
Herbert Stein
Nixon
Stein
Council of Economic Advisers
International Telephone & Telegraph Corp
ITT Hamilton Life Insurance Co
ITT Life Insurance Co
National Liberty Corp
Valley Forge
ITT Hamilton
ITT Life of
San Francisco
Prac
Unique Scholarship Foundation
Hansen
Nation's Business
U.S. Chamber of Commerce
TRA Foundation
America
U. S
North Carolina
North Carolina National Bank
THE
Burnie & Sims
CMC
Cameron Brown
Cannon Mills
Carolando
Carolina Caribbean
Carolina P&l
Carolina Casins
Cato Corp. Central Cero
E Central Vermont
Champion Parks
S2m Development Internat
Life Ins
el Paso Electric Ave
Equitable Leasing
Farmers New World Life Abs Fidelity Corp
Lee
N.C
Cee Ree
First Union Bancro
Wa Food-Town
Franklin Life Ins
Ve Garfinckle Brooks
NoWestern
C. National Bank
Occidental Life Ins
Southern National Corp
Spartan Food Systems
Speizman
Sugardale Foods We
Synercon Corp
Bank
Rocky Mt Televent Leasing Textiles Inc. i
Aviation
Transport
Transport Dateranscent. Gas Pipeline “4 W Planters Bank
Rocky Mt We
Tri-South
T South Om
Triangle Brick T
Turner Communications
Lab Units Inc
Jaggerage Labs
Wa United Corp
Rose's
Ruddick Corp
DOW Jones
Jema
Jasono
Ed Lyon, Jr
C.la
George P. Clark
C.S.A
Hayden Place
Lalcomen
Sewisser
Predocorporation Subscription
Vieng
Rotary Motor Company
Boss Fide
State OF
Rotary Motor Co
Raleigh
Adare
Ray Hubbard
Freeman Associates International, Inc
Wm. F. Freeman Associates
Latin America
William F. Freeman
St. Thomas
U.S. Virgin Islands
Santiago
Chile
Edwards
Edwards Advertising, Inc
Coker’s Pedigreed Co
South Agricultural Chemicals
South
New Bank
Dan Cruthis
English RD
Corner Elm St
Office Equipment Company
N. Main St
High Point, N.C
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!