SoS Business Notes: Local industry and real estate updates
The notes cover October meetings and speakers including A G Al Smith of North Carolina National Bank. It notes personnel moves in insurance and real estate firms, Eastern Airlines appointing Carolyn Davis, Cannon Mills stock purchase, Realtors convention leaders, an AMS seminar in High Point, and Cochrane Furniture shipping program. Also mentions Film Extruders dividend, advisory boards for Food Town Stores, and Schute MacRae Architects merging firms.
MENTIONED IN THIS ARTICLE
American Institute of Industrial Engineers
Chapter
Kepley's Barn
A.G
al” Smith
North Carolina National Bank
Charlotte
ByThe Avsosin Real Fi
Nenan Transport Mi
Lancete
Deelers
Leggett
Bava
Little Mintsion
Lowe's Co
Mack
Aerotran Inc
Mom & Pop
American Furniture
Ats Phillips
Pref Corp
Cannon Mills
Carmine Fascis
Piedmont Aviation
Carolina
Cas
Piedmont
Ae Pinkerton Ae
P&l P
Caro Steel Corp Pub Svc
Caro Wise Foods
M Quality Mills Na
Caro Corp Ava Ae
Ai Central
Caro Bank
Reid-Provdnt Labs
Va Central Vermont
Republic Auto Parts
Chatham Mig
CBS Corp of SC
Sma Ry
Coca-Cola Co
Rex Plastics
Cochrane Furth
Ava Colonial Life
Salem Carpet Comm Bank
Conner Homes
Big Boy
Ganel Internat Ura SC Natl Corp
Diamondhead Corp
Durham Lite
Natl, Corp
Wa Engraph Inc Fidelity Corp
Super Dailar Store
Vy Farmers New World Triangle Brick Po First Union Corp
Wa Trion Inc
Forsyth Bank & Trust Lalve Unit Inc
Bo Frankdtin Lite
Tos Wa
Cara Banesks
Gray Taot Na
Universal Focos
Guardian Corp We Va. International N Tye Harrelson Rupber Co Va
Natl Gank Aliw Heilig Meyers Aa
Walker Shoes
Henredon Furn
Washington Group
Figkory Furn
Ea ‘West Knitting Corp
Inust Lite A Trust de White Shield Co
Joey Ba Oh
Cory
Justin Inds
Wright Machinery Sha
Forecasters Voice Confidence On Modest Economic Growth
New York AP summarizes varied outlooks from Citibank Morgan Guaranty and Rinfret Associates as forecasters push optimism about a continuing recovery. Citibank calls the rebound sound moving ahead despite gloom, Morgan Guaranty notes signs of strength and gradual growth, while Rinfret cautions slow, not recession, with 1977 likely a modest positive year unless further stimulus is added.
MENTIONED IN THIS ARTICLE
New York
Citibank
Rinfret Associates Inc
Congress May Split Big Oil in 1977 Action Hint
New York report says Congress may force big oil firms to spin off drilling refining and distribution units in 1977. White House accepts higher unemployment to curb inflation, while inflation worsens. Financial markets face liberal credit conditions benefiting top firms. AFL CIO circles press White House for quotas or high duties on Japanese TV sets dominating a third of US retail sales.
MENTIONED IN THIS ARTICLE
New York
Washington
Congress
White House
Wall Street
Afl-Cio Electrical Union
U.S
Increased Soviet Trade Would Benefit America
AP Business Analyst John Cunniff reports that more trade with the Soviet Union could rapidly and cheaply transfer technology, create jobs, curb inflation, and help solve social problems like health care. William G Norris, chairman of Control Data Corp, argues trade should be technological exchanges, not just selling products, to advance society and counter U.S. leadership lag.
MENTIONED IN THIS ARTICLE
John Cunniff
New York
United States
Soviet Union
Bill Norris
Trade Winds Speculate On Gold Prices In Public Play
Trade winds say gold could rise as price slipped from 109 to 102 an ounce amid public speculation. IMF may suspend auctions. Italy and West Germany push for suspensions while France and Switzerland weigh stabilizing moves. IMF plans another 780000 ounce sale October 27. US stance unchanged. USSR also selling gold to fund imports, pressuring totals.
MENTIONED IN THIS ARTICLE
Noraamericap
Alliance
NEW York
Moneymetal Trade Intelligence
International Monetary Fund
West Germany
IMF
Italy
Henry Kissinger
Africa
The
United
U.S. Treasury
Soviet Union
Election Outlook: Recovery Likely to Continue Through 1977
Alan Greenspan and Lawrence Klein, advisers to Ford and Carter, say the election will not derail the recovery, expected to persist through 1977. Bank economists foresee capital spending rising but no surge in the next 6 to 12 months. Wall Street bets Ford wins, driving the Dow above the 1,000 ceiling as a market signal.
MENTIONED IN THIS ARTICLE
York
Nana
Ford
Alan Greenspan
Jimmy Carter
Lawrence Klein
Wall
Spending Plans Read Two Ways In Two Readings
New York reports capital spending rising 74 percent this year, fronting optimism for machinery and tool industries while a cautious view notes a 2 percent real gain after a 5.5 percent inflation rate. The $4 billion Iran and Saudi Arabia arms purchases echo longstanding U.S. spending tied to OPEC prices, presenting the arms as an expensive gift from Americans.
MENTIONED IN THIS ARTICLE
New York
Iran
Saudi Arabia
United States
OPEC
U.S
Also Mentioned on This Page
Sos Business Notes
Robert L. Helton
Murray M. White Inc
Helton
Travelers Insurance Companies
Jacksonville
Fla
Birmingham
Ala
Peoria
Iil
Washington, D.C
Agency
Winston-Salem
Hickory
Lenoir- Rhyne College
Ruth Cleaninger
Sherwood Forest Road
Eastern Airlines
Carolyn Sue Davis
Triad
Ms. Davis
Eastern
Area Reservations
Greensboro
High Point
Kannapolis
Cannon Mills Co
Cannon
Gulf & Western Industries Inc
William Maxwell
Harald Craven
N.C
Lincolnton Cochrane Furniture Co
Cochrane
Southern Film Extruders Inc
Herbert Edgar Teer
Johnson- Dixon Realtors
Teer
Trinity High School
Lees McRae College
Guilford College
Shirley Princefield
Cedarwood
Jamestown
Lee Institute For Real Estate Training
Mary Kidd
Nancy High
Food Town Stores
Architectural Firm
John MacRae
Leon A. Schute
Schute- MacRae Inc., Architects
MacRae
Schute
Robert
Carolyn
Davis
Herbert
Morgan Guaranty Trust Co
Brentwoodss
P.o
XEROX
Freeman Assoc. Bldg
Howard Stutts
Larry Forrester
William Bell
Ilderton Dodge
America
Norris
William G Norris
Control Data Corp
By Lou Schneider
Eddie
Knox
Eddie Knox
Fleet Lease Manager
North Main
Hiram Lodge
Grand Master of Masons
Lesley H. Garner
Sidney R. Smith
Richard A. Sink
Vernon SG Equipment Company, Inc
New St
OH Kivert Dr
Caribbean
Boheme
Puerto Plata
San Juan
Cap Hartien
St. Thomas
m/s
Caribe
Miami
Commodore Cruise Lines
iCommend
World Travel Agency
Carolina Motor Club
North Main St
Lyles Chevrolet
1800 N. Main