Nixon Plea for Energy Cuts Faces Industry Skepticism
Energy crisis hits business as President Nixon calls for voluntary heating oil cutbacks and 1 percent allocation trims. Experts warn tighter measures may be needed if Middle East supplies stay tight, with Sun Oil Exxon Continental Oil cautioning about a still short supply situation and Algeria cutting exports 25 percent.
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Clifton C. Gargin
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Howard W. Blauvelt
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Blauvelt
Mideast
Middle East
Algeria
Trade Winds Nixon Seen Still In Big Trouble
Market analysts say stocks have swung unevenly as Dow Jones moves wildly amid political and economic uncertainty. Traders note institutional investors drive price behavior while Watergate and Nixon administration concerns threaten fiscal policy and potential 1974 congressional losses, with antibusiness actions likely to span years.
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Polynesian-Australian singer to perform in Berlin
Wilma Reading, an Australian singer of mixed Polynesian heritage, begins nightly performances in Berlin for December. She will double by appearing at a theater in East Berlin and a nightclub in West Berlin, noting the arrangement is complex.
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Business notes highlight new managers and staff changes
Tom Broadwater named manager at Thomson & McKinnon Auchincloss Kohl meyer stock brokerage offices. Black Brothers-Southeast announces promotions and hires Richard King as vice president in High Point. Boyce Thayer joins sales at High Point center. Craven-Johnson-Pollock adds Julia Blackburn, Wilmington native and NC licensed broker, to its High Point Realtors division. A new firm, H and H Campers, Inc., forms to sell and service RVs at English Road, replacing Apache Camping Center with Charles E. Howard Sr. and Jr. as principals. Larry Green re joins Huffman Paint and Wallpaper in High Point. Hollingsworth American Motors honors Joe Hollingsworth with a regional award. Stutts Men’s Store on Main Street to close by year end after 22 years. Piedmont Engraving appoints Harold Stroud as Studio One sales rep. Stroud, High Point native, brings graphic arts background and a wife, Della Shore.
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Apache Camping Center, Inc
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Charles E. Howard Jr
Charles &. Howard Sr
Studio One
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Greensboro
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Marywood Rd
Stocks Fall As Market Ends Week With Loss
The week closed with a downturn as the Dow Jones Industrial Average dropped 16.87 points to 908.41. The Associated Press average of 60 stocks ended at 294.8, up 0.2 from the prior Friday.
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Associated Press
Notice Shoplifting Insurance Offers Rental TV System
Insurance notice explains a wireless open circuit TV system to deter shoplifting. Exclusive distributor rights for High Point awarded to qualified applicants investing 7,680 in inventory, expected rental income 57,600. Interviews with Mr. Melton at Hilton Inn in Greensboro, call on Sunday and Monday between 9 am and 6 pm.
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