No Easing Seen Of Tight Money In Near Future
Government spokesmen limited expectations for early easing of monetary restraints. Fed member J Dewey Daane warned price inflation may remain high through next year, while budget and tax policy concerns threaten deficits. Officials urged continued restraint to curb inflation despite signs of cooling in housing starts and pretax profits.
MENTIONED IN THIS ARTICLE
Don Battle
NEW York
J. Dewey Daane
Federal Reserve Board
London
Daane
Duane
Congress
Budget Bureau
Robert PF. Mayo
Nixon
Herbert Stein
Council of Economic Advisers
Cha
Labor
George Shultz
CEA
Paul W. McCracken
Kenneth Davis Jr
Commerce
Wall Street Stock Quotes and Local Notes
Inter dealer prices from AP show NASD quotes around 3 PM Thursday with American Mortgage, Colonial Stores, Piedmont Aviation and Realty funds among listed entities. Neighbors recall Rusty Calley and family in Waynesville while Army charges against him draw local memories of a quiet boy.
MENTIONED IN THIS ARTICLE
Oves
Associated Press
NASD
Metic Tant Dev
Warnerican Lari ‘A Aynesvill Co
American Mortgage
Niky
Atlante Gas Light le
William L. Calley Jr
Sune Greene
Miami
Fla
Waynesville
Bassett Furnes i Sa
CMC
Carolina Caribbean
Cc Freight
Cal- Carolina
Vermont
Waynes- 24Ville
Charlotte Motor Speedway
Colonial
Bbve
Durham
Equitable Leasing
Farmers New World
Federal Co
First Union
Neil. Bancorp
Calleys
Franklin Life
Franklin Ies Bros
Mogab Bose
Enamnes
Knape & Vogt Mig
Once, Inc
Lite
Carolina Wa
Banada Medic Homes
MPB Corp
Meihade Electronics
Vermont American
Wachovia Corp
Wellington
Hall
Western Carolina
Wix Corpration
Wright
Business Notes Highlight Regional Promotions in Area Firms
R V Day of Borden Dairy announces O Warren Newton promoted to assistant branch manager at the High Point plant. Newton, now resident with wife Sarah and two children Martha and Patricia, previously ran the Rocky Mount distribution facility. Also named in High Point news, the Golden Triad Watch Makers Guild elects Wm C Hughes Jr first vice president, with officers Campbell, Turyme, and Moore. Arthur A Oliver & Son promotes Linda Kidd, Dwight Crana, and Cecil Bingham, in a firm serving the Southeast. Zett Air Conditioning Co receives GE recognition and Monogram Distinguished Dealer plaque for 20 years as a GE exclusive dealer and early heat pump installations.
MENTIONED IN THIS ARTICLE
R. V. Day
Borden Dairy and Services Division
High = Point
Gas
O. Warren Newton
Rocky Mount
Fhe
Newton
Borden
Raleigh
High Point
Sarah
Martha
Patricia
Golden Triad Watchmakers Guild
Wm. C
Dub) Hughes Jr
Jack Campbell
Greensboro
Howard Turyme
Winston-Salem
Raleigh Moore
Lee K. Oliver
Arthur A. Oliver & Son, Inc
Linda W. Kidd
Dwight M. Crana
Cecil C. Bingham
Southeast
Zett
Zett Air Conditioning Co
General Electric Co
J. Zett
M. H. Cole
General Electric
Officers named to head Silver Knit Sales Corp in NYC
Edward Silver announces Stanley R. Deiches and Isadore Sanders as vice presidents of the new Silver Knit Sales Corp headquartered in the Empire State Building New York City. Silver Knit Industries continues in High Point with mills and offices, diversifying from hosiery to boys knitwear. The firm, begun in 1930 by Milton and Robert Silver, is a major producer of socks and related garments, with Silver Sweaters division starting boy knitwear this fall and 80 000 square feet added to expand production. Maple sugar yield per tree averages two to three pounds per season, with exceptional weather pushing five to six pounds.
MENTIONED IN THIS ARTICLE
Silver Knit Sales Corp
Empire State Building
New York City
Edward Silver
Silver Knit Industries, Inc
High Point
Stanley R. Deiches
Isadore Sanders
Silver Industries, Inc
Silver Knit Hosiery Mills, Inc
Milton
Robert Silver
Silver Knit
Also Mentioned on This Page
Calley
Quiet’ Boy
O. Lane
Computer Service
Jefferson Standard
Wachovia
Terry
Federal Deposit Insurance Corporation
Renegal Security
Wachovia Bank & Trust
David W. Adams
NCNB
Prudential Insurance Co. of America
Lane
Day
Ray Hubbard
W. CG. White
P. O
Sheraton Hotel
Baily Packet Owner
Ford Y
General Motors
Howard Stutts
William H. Bell
Chrysler
Piedmont Triad
Horace G.ilderton, Inc
Main
Robert A. McCliston
High Point Bank
Bida
Hes
Insurance
Cem
Sintegon Financial Services
Trust Company
Sianerloaders
W. High
Ue Business Insuranc
E eCuniy Tn Insurance A
Warren Parrish
Scott Garren
Buick
Parrish
Warren
Duke St
Thomasville
UNC
Masonic Lodge
N. Main
Lie
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