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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

Nov 08, 1970

Page

6

Election By JOHN HENRY AP Business Writer

The past week's returns show mixed voter mood on Nixon era economic policy with Sandicane gains and Democratic candidates benefiting from unemployment and inflation concerns. Professors note economic issues offset social issues like campus disorders, with strong Democratic showings in Indiana Michigan and Ohio where joblessness is high.

New York William Leuchtenburg Columbia University Indiana Michigan Ohio

GM Strike Hits September Factory Orders and Auto Sales

The United Auto Workers strike against General Motors slowed factory orders by 1.4 percent to 55.18 billion dollars and signals a weak auto market. Analysts expect 1970 car sales to top 7.3 million, with deliveries 22 percent below 1969 through October. The commerce data also show sluggish consumer spending across the economy.

General Motors Corp United Automobile Workers Plains Kansas Nebraska Commerce Department

Consumer spending cues show mixed gains and cautious outlook

The survey indicates little change from July in purchase intentions while more consumers report income declines. Savings bonds buying rises as credit expansion remains slow. Labor reports 4.6 percent annual output per hour rise in Q3, the strongest since early 1968, and construction spending climbs 0.7 percent to 92.7 billion dollars for a fourth straight monthly gain.

Labor Department Commerce Department

North Carolina Executives See TV Ads as Deceptive

A Bennett Advertising survey of 225 NC executives found 73 of 97 responding view TV ads as misleading or dishonest, with 59 blaming deliberate deception. Respondents also weighed magazine and newspaper ads, with 41 saying yes and 24 undecided. Attitudes toward regulation varied, with 48 saying ads are enough and 10 saying there is too much.

North Carolina Ralph Nader Dick Behrends Bennett Advertising, Inc Mail

Danish Princess Sells Christmas Stamp Designs

Copenhagen AP reports Princess Margrethe heiress to the Danish throne debuts as a pictorial artist by releasing 80 million Yuletide stamps for charity. Her cheerful scene titled the heavenly castle shows humorous Christmas preparations. stamps sell for 10 ore about one cent each at post offices.

Copenhagen Margrethe

North Carolina Truck Tonnage Dips Week End Oct 31

Intercity truck tonnage in North Carolina for the week ended October 31 fell 2.7 percent from the Motor Carriers Association’s base. The national index dropped 13.8 percent from the same week in 1969, with Detroit area down 37.3 percent and Houston up 1.8 percent. The weekly national index stood at 113, matching the prior week.

North Carolina Assn Detroit Mich

Fifth District Banks See Loan Decline and Deposit Shifts

The Federal Reserve Bank of Richmond survey shows 28 major Fifth District banks reporting total gross loans at 8.83 billion, down 101.3 million for the week ended October 28. Demand deposits fell 187.9 million while time deposits rose 9.8 million. Investments increased 12.8 million as nonfinancial loans rose 2.89 million driven by consumer installment and real estate loans.

Federal Reserve Bank of Richmond Fifth Federal Reserve District

Business Communicators talk leads Southern Life official

North Carolina chapter speaker T Clyde Collins Jr vice president and secretary of Southern Life Insurance Co addresses leadership in public affairs and company administration at a Greensboro dinner meeting November 11 at Carriage House Restaurant. Union Carbide declares 50 cent dividend for Dec 1 on Nov 6 record date. total $2 per share in 1970 and 1969.

T. Clyde Collins, Jr Southern Life Insurance Co North Carolina International Assn. of Business Communicators Greensboro Collins Southern Life Piedmont Area Carriage House W. Market Street Union Carbide Corp

Farr to Speak on Motivational Gap at SAS Society Meeting

Dr. James N. Farr of Psychological Consultants to Management Greensboro will address the Greensboro Area Chapter of the Society for the Advancement of Management at Sedgefield Country Club on Tuesday November 10 at 6 30 p m. His topic is The Motivational Gap.

James N. Farr Psychological Consultants To Management Greensboro Greensboro Area Society For the Advancement of Management Sedgefield Country Club

Jim Mack Named President at B and C Associates

Jim Mack of Rt 1 James town Pennywood Road has been named president of B and C Associates here. Mack succeeds Robert Brown who divested managerial connections with the PR firm when named special assistant to the President two years ago. Mack formerly of Winston Salem and his wife Doris have three children. They have been with the firm since June.

Jim Mack Rt. 1 Jamestown Pennywood Road B & C Associates Mack Robert Brown Winston- Salem Doris

Also Mentioned on This Page

John Henry AP North Carolina Survey Associated Press Aerotron Atlanta Barber Greene Bassett Furniture Billups West Bank of N.C Brenner Industries Brush Bergilium Buckbee Mears Carmine Foods CMC Finance Carolina Casualty Ins Carolina Caribbean Carolina Freight Internationa Sys Com Hickory Furniture Home Security National Old Line North American Life N.C Peoples Bank & Trust Planters Nat Bk & Tr Phillips Fescoe Piedmont Aviation Quality Mills Roses Ruddick Cts Southern National Corp Trans Gas Pipeline Triangle Brick Verma American Wu Wachovia Realty Walker Shoe Wellington Hail Wright Machinery Telephone Reproductions, Inc E. Westwood Gilbert H. Clinard Cooper D. Cass Co N. Main St George P. Clark C.S.A Heyden Place Christian Science, Monitor Congress City the Christian Science Monitor Astor Station Boston Massachusetts Houston, Tex Empress Beauty Shop N. Main ST. Arcade Ed Lyon, Jr C.la Gatewood Ave Ray Hubbard Union Carbide W. High St S. Main ST Go-Forths Pest Control Service Go-Forth Exterminators, Inc Quality Termite and Gerald Morgan Expert Perce High Point Mr.fence West Virginia U.S Daniel Boone Ie Eco Rekt Robert McCuiston C.L.A South Main Street Integon’ Financial Services Wachovia Wachovia Bank & Trust Company N.A Federel Deposit Insurance
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