Incentive Drives Profits in Efficient Economies
The piece argues profits incentivize investment by attracting brains, know-how, and capital, while noting risks and societal criticisms. It cites Treasury Secretary Connally's remarks on profits as a share of GNP, showing profits dipping to 1938 lows despite wage growth, stressing profits as essential to funding jobs and sustaining capital.
MENTIONED IN THIS ARTICLE
New York
Treasury
John B. Connally
United States
House
Ways and Means Committee
Phase Two Decline Hits Market After Nixon Plan
The Dow Jones 30 fell to 893.91 sliding .07 for the week while the AP 60 rose to 327.1. Analysts linked a quick Wednesday response to President Nixon’s Phase 2 plan details, noting Friday’s 7.89 point drop amid expectations of long term controls.
MENTIONED IN THIS ARTICLE
Associated Press
Nixon
Washington Pressed By Investors
Big money and institutional investors focus on Washington policy amid Phase 2 inflation fears. Corporate bond issuance and a growing budget deficit push up borrowing costs while government securities financing remains likely. Federal agencies may aid home mortgage demand as volumes rise.
MENTIONED IN THIS ARTICLE
The
Treasury
Federal National Mortgage Association
Federal Home Loan Banks
U.S
Scholarships Help Prepare for College Costs
A brief note on how scholarships relieve future college expenses and support students over time. The article emphasizes planning early and leveraging available scholarships to reduce debt and funding gaps.
MENTIONED IN THIS ARTICLE
Aexi
Jones & Peacock official earns NC insurance post at 74th anniversary
J B Gibson Jr of Jones & Peacock Inc was elected secretary and treasurer of the Independent Insurance Agents of North Carolina during the 74th anniversary convention held at the Pinehurst Carolinn Hotel. The group lists about 775 agencies and 3,000 agents.
MENTIONED IN THIS ARTICLE
J. B. Gibson Jr
Jones & Peacock, Inc
Independent Insurance Agents of
North Carolina
Carolnn Hotel
Pinehurst
Independent Agents of
Gibson
Association
Blue Bell Boots to Build 35000 Sq Ft Plant in Byrdstown
Blue Bell Boots a division of Blue Bell Inc of Greensboro will construct a 35000 square foot plant in Byrdstown Tennessee to manufacture Wrangler brand boots. The facility is slated to open in late 1972 and will employ about 250 people at full capacity.
MENTIONED IN THIS ARTICLE
Blue Bell Boots
Blue Bell, Inc
Greensboro
Byrdstown
Tenn
Lawrance Named Stewart-Warner Vice President in Winston-Salem
L Henry Lawrance who has led the Bassick-Sack Division of Stewart-Warner since 1969 is elected vice president of Stewart-Warner. Bennett Archambault board chairman and president announces the promotion.
MENTIONED IN THIS ARTICLE
L. Henry Lawrance
Bassick-Sack
Stewart-Warner Corporation
Winston-Salem
Stewart-Warner
Bennett Archambault
Eating Habits Shift Since 1950
A 1950s nutrition trend shows Americans now eat 31 fewer pounds of fresh meat, 20 fewer pounds of fresh vegetables, and 1 pound less of potatoes, reflecting a shift in dietary patterns and grocery choices.
Also Mentioned on This Page
DOW Jones
Washington
Lou Schneider
North American Newspaper Alliance
Amic Corp
Atlanta
Barber Greene Et
Carmine Foods
CMC Finance Corp
Carolina F
Caro P&l
Cent
Caro Bank Carolina Whistlo Cent
Champion Parks Vyriy Cochrane
Efency Sm
el Paso Electric
Ist
UN Bank Corp
Franklin
Inti
Furn
Integon Corp Ee
Josiyn Mig Kenan Trans
Knape & Vogt Mig
Little Mint
Lowes Co Macks Stores
Nati Dev Corp
Ncnb Corp
NC Natural
Ds Tt Bank 4A
Ruedick Scent PR
Tri South Mor
All Wright Ha Mach
Aintegon
Robert McCuiston
C.L.A
South Main Street
Reynolds Securities
Sheraton Hotel
High Point
N.C
Hayden O. Kepley, JR
Ann Whitley
Reynolds Securities Inc
Wachovia
N. C
sBy Ray Hubbard
Cochrane Furniture Co
Lincolnton
Fmca Board
Athens Bed Co
J. E. Shelby
Hickory
K. Rudiell II
Berkline Corp
J. K. Storie
Bernhardt-Hibriton-Flair
Joe Patterson
Joseph Dean Co., Inc
T. Glen Miller Jr
Lenoir
Cameron-Brown Investment Group
S.main
Accutron
Highland Motors Inc
N. Main St
Olds
Cadillac
Piedmont
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