Inflation Pressures Also Mount Strike End May Signal Upturn
New GM contract raises wages about 20 percent over three years and rail wage panel calls for 32.5 percent. Economists warn higher pay beyond productivity risks inflation and unemployment. A GM settlement could lift suppliers and reduce unemployment from 5.6 percent.
MENTIONED IN THIS ARTICLE
New York
General Motors
United Automobile Workers
Earl Bramblett
Paul W. McCracken
Labor Department
Year of Airline Turmoil Shrinks Profits and Raises Fears
Major U S airlines face financial strain with planned flight cuts and layoffs. The Air Transport Association reports first half losses totaling 58 million, the worst six months in history, while passenger growth slows and modernization costs rise. Stock prices slump beyond the Dow as airlines seek rate increases.
MENTIONED IN THIS ARTICLE
Air Transport Association
ATA
Trade Winds Opposition Grows To Fiscal Policy
William McChesney Martin reenters the spotlight to oppose inflation and press for more aggressive fiscal and monetary policy. The article notes Dr. Paul McCracken pushing Nixon toward greater spending and currency expansion, with Treasury support rumored, amid forecasts of large deficits and uncertain loan rates.
MENTIONED IN THIS ARTICLE
Bill Martin
Paul McCracken
President's Council of Economic Advisers
CEA
Nixon
DEA
McCracken
FRB
Arthur Burns
SFMA Meet Scheduled In Atlanta
The Southern Furniture Manufacturers Assn holds its 60th annual meeting November 18 to 20 in Atlanta Georgia. A four member retailer panel will discuss Success Is Imaginative Merchandising with leaders from Breuner's Montgomery Ward Levitz Furniture and J L Hudson Co. Over 250 executives attend, with SFMA officers and directors to be elected and the James T Ryan Award presented at the banquet.
MENTIONED IN THIS ARTICLE
Southern Furniture Manufacturers Assn
Atlanta
William Breuner
Breuner
Home Furnishings
Oakland
Calif
Gordon Farnsworth
Montgomery Ward & Co
Chicago, Ill
Ralph Levitz
Levitz Furniture Co
Miami, Fla
George Scala
J. L. Hudson Co
Detroit
Mich
Regency Hyatt House
Furniture Company
Robert H. Spilman
Bassett
Bassett Furniture Industries
SFMA
Conwed Corp reorganizes into three operating groups
Conwed Corp announces a major management reorganization dividing the firm into three main operating groups construction products industrial products and developing businesses. Fred M. Pugh will head the construction products group with the building products commercial products and red wing divisions. F T Weyerhaeuser becomes general manager of the industrial products group including bonded fiber automotive fabri cating and plastics divisions in multiple cities. Donald J. Valsvik leads the developing businesses group to support running small ventures.
MENTIONED IN THIS ARTICLE
Conwed Corp
Conwed
Fred M. Pugh
Red Wing
F. T. Weyerhaeuser
Automotive Products Division
Detroit, Mich
High Point
Hickory
Atlanta, Ga
Minneapolis, Minn
Donald J. Valsvik
Orkin Exterminating Manager Completes Training Program
Ronald E. Darr, manager of the High Point branch of Orkin Exterminating Co., completed 54 hours of management training at the company home offices in Atlanta. He was appointed to his present post in September after serving as a service man and supervisor in Tennessee cities including Nashville, Hartmann, Cookeville and Memphis. The training covered administration leadership and marketing as well as recent technical developments.
MENTIONED IN THIS ARTICLE
Ronald E. Darr
High Point
Orkin Exterminating Co., Inc
Rollins, Inc
Atlanta
Darr
Orkin
Dart
Nashville
Hartiman
Cookeville
Memphis
Tennessee
Real Estate Dealers Attend National Convention in Chicago
Three High Point real estate dealers are expected to attend the National Association of Real Estate Boards annual convention in Chicago on November 16. The attendees include J. Alton Stanford Edward E. Mendenhall and Sandy Mendenhall. Stanford and Edward Mendenhall serve as directors of the national organization. The convention will run for one week.
MENTIONED IN THIS ARTICLE
High Point
National Assn. of Real Estate Boards
Chicago
J. Alton Stanford
Edward E. Mendenhall
Sandy Mendenhall
Stanford
Edward Mendenhall
National Organization
Stock Quotes From The Associated Press Interdealer Prices
Quotations from the NASD are representative interdealer prices of approximately 3 p.m. Thursday. Interdealer markets change throughout the day. Prices do not include retail mark‑up, mark‑down or commission.
MENTIONED IN THIS ARTICLE
Associated Press
NASD
Mark J Smith named new controller at Sears Roe Buck High Point
Mark J Smith becomes the new controller of Sears Roe Buck and Co operations in High Point on November 15. A 1965 Western Carolina University BS in business administration graduate, he served in the army and has been assistant controller in Asheville since May 1969. He is married, with no children, his wife a secretary for Allstate Insurance. Originally from Cherokee, he is a Presbyterian. He succeeds Robert Connell, promoted to Johnson City to head Sears operations there with new facilities opening next March.
MENTIONED IN THIS ARTICLE
Mark J. Smith
Sears, Roebuck and Co
High Point
Western Carolina University
Army
Smith
Asheville
Allstate Insurance Co
Cherokee
Presbyterian Church
Robert Connell
Johnson City
Sears
Charlotte Adds Ballistics Expert To Staff
The Charlotte Police Department hired Cleon C. Mauer a ballistics expert to join the expanded crime laboratory. Vincent Severs, director of the lab, said they had sought a ballistics specialist for eight months and that there are few such experts nationally.
MENTIONED IN THIS ARTICLE
Charlotte
Cleon C. Mauer
Wisconsin State Crime Laboratory
Vincent Severs
Also Mentioned on This Page
High Point Enterprise
Federal Reserve Board
John Cunniff
AP Business Analyst
North American Newspaper Alliance
William McChesney Martin
Washington
Treasury
David Kennedy
Congress
Institutes of Industrial Relations
University of California
George Hildebrand
House
Ways & Means Committee
Wilbur Mills
D-Ark
Federal Reserve
Sunup
Gilbert H. Clinard
George P. Clark
C.S.A
Hayden Place
Telephone
Reproductions, Inc
Westwood
Ray Hubbard
Federal Reserve Bank of Richmond
Fifth
Federal Reserve District
Eer Furn Bieiniegen Corp
Asign
Migs
Kaiser Steel
Kewaunee Scientific
Knager Vent Ite
American Inst. Dev
Inc
American Mort
Life of Carolina
Atlanta Gas Light
Pete Lowes Companies
Medic Homes
Bassett Furniture
Methode Electronics
Ncnb Corp
Brush Beryl
N. C
Northwestern Financial
Carmine Foods
Occidential Life
CMC Pinance Pay
Carolina Caribbean
Bark & Trust
Nat'l
Bk & Tr
Carolina Wise FI
Phillips Fescue
Central Vermont
Piedmont Aviation
Carmeron Brown Com
Cameron Brown Com
Ruddick Common Reid Provident Labs
Durham Life
Equitable Leasing
Ruddick
Southern Nat Corp
First UN Nat Bancorp Va
Farmers World Ins
Trans Gas Pipeline
Garfinckel Brooks Brs
Ermont American
Jn International
Wachovia Realty
Ed Lyon, Jr
C.la
Gatewood Ave
Wachovia Bank & Trust
N.A
Winston-Salem
N.C
Jack J. Pellegrino
Transcon Industries, Inc
International Dynamics Inc
Kotella Avenue
Anaheim
Darnet Eden
Him
Robert McCuiston
C.L.A
Southele Street
Lstener
Integon
Integon’ Financial Services
Mary
West High Street
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!