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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

May 30, 1971

Page

6

Grads With Business Skills Have Best Shot At Jobs

New graduates face a tight market with 800000 entrants and fewer jobs. Accounting economics and marketing show demand while firms seek basic office and business skills through post graduate programs to boost employability.

College Placement Council Richard J. O'Neil Dictaphone Bryant & Stratton Business Institute Buffalo N. Y O'Neil New York City Milwaukee San Francisco O’neil Charles Laflin Rex Chainbell San Jose Calif The Business Institute

Market declines on rate rise fears pull averages lower

The stock market fell over the past week as investors worried rates may rise. The Dow Jones average closed at 907.81, down 14 points, while the AP 60 shed about four points to 317.8.

Associated Press

Trade Winds Returns On Bonds Rise On Yields And Rates

Lou Schneider reports on rising bond yields driven by inflation and a strong buy side. Inflation affects interest rates with 3 to 4 percent pre inflation earnings for money and a forecast of higher yields across Treasuries, commercial paper, munis, and corporate bonds. Supply of long term debt and earlier financing in 1971 signal tightening markets and higher coupon expectations.

Alliance New York Federal Reserve Treasury Trans World Airlines

Market Issue Hot For Wilson

London reports Britain's move toward joining the European Common Market threatens political convulsions at home. The shift risks destabilizing Prime Minister Edward Heath's government and could weaken Harold Wilson's Labour leadership while reshaping standards for employers workers and government. Britain would join a 250 million consumer market and gain influence in global affairs.

London Britain Edward Heath Harold Wilson Labor Party Charles de Gaulle France

Corporate Ways Are Changing

AP Business Analyst John Caniff notes a shift in American corporate culture from 1960. Boardrooms moved toward profit focus but public scrutiny grew as millions more became shareholders, leading to chaotic meetings, clashes with management, and stronger investor activism.

John Caniff New York United States

Sandoz promotes Sives to western divisional manager

Sandoz Pharmaceuticals of Hanover New Jersey promotes M Dean Sives to western divisional manager after a career that includes teacher coach in Monroe North Carolina regional manager in Atlanta Philippines marketing manager and current position in New Jersey He is a Winston Salem native educated at Lenoir Rhyne College and listed in Who's Who 1958 He is married to Priscilla Mara Mara of Manila and lives in Berkeley Heights with his wife a son and a daughter.

Sandoz Pharmaceuticals Hanover N.J M. Dean Sives Sives Winston Salem High Point Lenoir Rhyne College Sandoz Monroe Atlanta Sandoz Philippines Priscilla Mara Mara Manila Berkley Heights

Stock Quotations Interdealer Prices Update From Greensboro Banks

Quotations from NASD at about 3 p.m. Thursday show interdealer prices with no commissions. Bank officials named include Loan Bank of Greensboro vice president Ronald C. Robertson and Gate City Savings and Loan Association, plus Dolly Culp of Home Federal Savings and Loan Association of Greensboro as secretary treasurer. Culp succeeds Rickey O Connor of Perpetual High Point.

Piedmont Chapter 135 honors graduates at annual banquet

The Piedmont Chapter 135 of the American Savings and Loan Institute honored over 110 employees with four graduate diplomas, two standard diplomas and six achievement awards at the Top of the Mart banquet. Guest speaker C Floyd Cooper of Orlando first vice president of the Institute addressed attendees. New officers included Jack Brewer succeeding R E Gene Clement as president.

Piedmont American Savings and Loan Institute High Point C. Floyd Cooper Orlando Fla Chicago Illinois Institute Jack Brewer Home Federal Savings and Loan Association Greensboro R. E. “Gene” Clement Perpetual Savings and Loan Association Cicero Groome Lucile Turner Ronald E. Robertson Gate City Savings and Loan Association Clifton Noble Federal Home Loan Bank of Greensboro Harold Messick Gerald Williams Nora B. Bean Gate City Savings and Loan

Women’s Lib Begins at Home Campaign Message

A home front focus shows women shaping family life as career. The message urges dialogue with The Listener about how Integon’s diverse insurance products support families and independence.

Integon

Banks in Fifth District See Net Loan Decline in Week

The Federal Reserve Bank of Richmonds weekly survey shows 28 large Fifth District banks reporting total gross loans falling 110.503 million to 9.271073 billion for the week ending May 19. Domestic commercial loans dropped 145.686 million while interbank adjusted loans rose 35.183 million. Demand deposits down 161.241 million. time deposits up 3.275 million. Investments slid 25.922 million. Financial loans up 20.814 million with gains in loans to financial institutions, other than domestic commercial banks, and securities purchases up 2.808 and 18.006 million respectively. Nonfinancial loans increased 14.369 million led by commercial and industrial loans up 17.394 million, consumer installments 10.353 million, real estate 5.513 million, and agricultural 269 thousand. Securities sold under repos fell 9.7 million and other loans declined 9.46 million.

Federal Reserve Bank of Richmond Fifth Federal Reserve District

Also Mentioned on This Page

Jonah Steinberger North American Newspaper Alliance Frank S. Endicott Northwestern University DOW Jones Jasono By Lou Schneider Wilson Bse Greensboro-High Point A Ant Samviog Avo N. C Gatewood Ave Ray Hubbarde Aerotron Barber Greene Bassett Furn Billups Westa Bank NC Brush Berg Buckabee Mears Cam Brown Uts Cam Brown Cam Cam Brown Wts Carmine Foods CMC Finance Ale Carolando Corp Carolando Wits Carolina Gas Inc Carolina Carib Carolina Freight Car Caro P&l Carolina Steel Carolina Whistlo Cent Caro Bank Chatham Mfg Cochrane Furn Colonial Common Bank Conner Homes Durham Life Va Equitable Lease Farmers NW Fidelity Corp Bank Corp Foodtown Stores Franklin Life Garrick! Brooks Georgia Ins Guardian Care Hardees Hickory Furn Henredon Hoover Integon Corp jJosign Mfg Kaiser Stee Kewaunee Scnife Knape & Vogt Mfg Lance Life of Caro Little Mint Lowes Co Methode Electron Natl Dew Corp Natl Ed Lyon, Jr C.la North Caroline Robert McCuiston C.S.A South Main Street Integon Financial Services George P. Clark Hayden Place E. Westwood Times Kam Ee Art Burkhart Rep Thomasville, N.C Lou Eel Ciale Gael En Arwen West High St
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