Inflation Fight Seen Mixed As Auto Strike Hits
Officials from the Nixon administration tout price stability while Chase Manhattan Bank warns of rising inflation risks. The United Auto Workers strike at General Motors cuts auto sales by 45 percent in late September, hurting steelmakers and broader demand. Retail sales held steady from July to August at $30.7 billion, as consumer credit growth slowed.
MENTIONED IN THIS ARTICLE
New York
Paul W. McCracken
United States
Murray L. Weidenbaum
Treasury
United Auto Workers
General Motors
Commerce Department
Federal Reserve Board
Mabe Co opens High Point real estate firm
Mabe & Co. announces its new real estate firm at 915 N Main St with R Wayne Mabe as president in charge of sales loans insurance appraisals and management. Staff includes Jay Wood Don Gibbardt and secretary Judy Stephenson. Nineteen local Life Underwriters Association members received National Quality Awards with years listed.
MENTIONED IN THIS ARTICLE
Mabe & Co
High Point
Main St
R. Wayne Mabe
Jay Wood
Meadowlark Rd
Don Gibbardt
Lexington Ave
Local Life Underwriters Assn
National Assn. of Life
New Salesman Appointed for Tomlinson Furniture Territory
Sidney H. Tomlinson Jr announces Joe B. Mullins as representative for Tomlinson Furniture in the Oklahoma Texas territory. Mullins, educated at Texas A M College and North Texas State University, completed studies in 1949. Carolina Business Communicators will hold a writing workshop at their October meeting in Greensboro with Margaret Krabill coordinating plans.
MENTIONED IN THIS ARTICLE
Joe B. Mullins
Tomlinson Furniture
Oklahoma-Texas Territory
Sidney H. Tomlinson Jr
Mullins
Texas A & M College
North Texas State University
Carolina Business Communicators
W. Market Street
Greensboro
Margaret Krabill
Blue Bell, Inc
Milk Spill Savings Promised by Crying Policy
A proverb-like note hints that crying can prevent further milk spills by drawing attention and prompting care. It suggests emotion may serve as a precautionary measure to minimize waste.
Piedmont Natural Gas Plans Leadership Change in Greensboro
Retirement of Thurman W. Yarbrough, vice president and northern division manager, set for Oct. 31 after 45 years in the gas industry. G. Dwight Jennings, current central division manager and vice president, to succeed Yarbrough in Greensboro. Northern Division covers Greensboro Point Winston-Salem and Burlington. Both have been with Piedmont since its May 1 1951 operation start.
MENTIONED IN THIS ARTICLE
Thurman W. Yarbrough
Greensboro
Piedmont Natural Gas Co
G. Dwight Jennings
Piedmont
Yarbrough
Greensboro, Point, Winston-Salem
Burlington
Short Memory Favors and Their Mixed Recollections
A concise look at how favors are gratefully welcomed yet often forgotten or misremembered, exploring social dynamics of gratitude and accountability in everyday interactions.
Trade Winds 71 Labor Unrest Seen Likely By Observers
Trade unions threaten costly unrest in 1971 amid strikes at General Motors and UAW actions. USW chief Abel pledges large wage gains and to restore the cost of living clause while critics doubt quick unemployment drop. Analysts cite past recessions to forecast a lag before recovery.
MENTIONED IN THIS ARTICLE
Lou Schneider
North American
Alliance
New York
Nixon
Afl-Cio
Organized Labor
United Auto Workers
UAW
General Motors
United Steelworkers Union
USW
I. W. Able
United States
Canada
Abel
Herbert Stein
President’s Council of Economic Advisers
CEA
Dr. Stein
Labor
James Hodgson
Steel Sales Fall Amid Weaker Demand and Delayed Boom
New York Iron Age reports ongoing declines in steel buying across all market segments. October shipments are forecast under seven million tons, the lowest since 1968, with non automotive demand down about 10 percent and price juggling seen in cold rolled sheets. The GM strike adds finished sheets to mills as stockpiling looms for a potential next year strike.
MENTIONED IN THIS ARTICLE
New York
Iron Age Magazine
National Metalworking Weekly
Midwest
General Motors
Iron Age
Blue Collar Jobs Take Back Seat
Washington reports a government outlook predicting faster growth for white collar and service sectors over the next decade with slower blue collar expansion. The 1970 71 Occupational Outlook Handbook notes strong demand for operators analysts recreation workers engineers para medical specialists and office machine servicemen amid expanding service industries and health and education needs.
MENTIONED IN THIS ARTICLE
Washington
U.S. Government Printing Office
National Consumer Finance Association
Finance Facts Monthly
Stock Quotes From The Associated Press NASD Markets
The report lists various stocks and percentages from NASD trading, including Coca firms, banks, insurers, retailers, and manufacturers. Names such as Carolina Wholesale, Fidelity Corp, First Union, Roses Stores, and National Dev Corp appear with indicated percentages.
Wealth Solves Nothing Says Lt Gov Taylor
Lt. Gov. Pat Taylor told about 600 at Elizabeth City State University that wealth alone cannot solve America's ills. He warned against easy answers to complex problems and urged students to reject superficial labels while noting ongoing war, prejudice, and poverty.
MENTIONED IN THIS ARTICLE
Elizabeth City
N.C
Pat Taylor
America
U. S
Elizabeth City State University
Taylor
Lanier Sells Half Interest in Rex Furniture and Hoover Funeral
Mark S. Lanier of Rex Furniture Co. and Hoover Funeral Home in Denton has sold half his stake to Jack D. Briggs. The funeral home will be renamed Lanier-Briggs & Hoover Funeral Home.
MENTIONED IN THIS ARTICLE
Mark S. Lanier
Rex Furniture Co
Hoover Funeral Home
Denton
Jack D. Briggs
Funeral Home
Justice Some Men Face Trouble If Others Do Right By Them
A reflective piece argues that societal norms would punish those who do the right thing for perceived wrongs and suggests protection comes from collective action and moral courage. It critiques selective justice and highlights consequences of misapplied virtue.
Also Mentioned on This Page
Chase Manhattan Bank
New York Federal Reserve Bank
Jones & Laughlin
New Realty Firm
Mabe
Carolyn Inman
Shamrock Rd
Wood
Gibbardt
Judy Stephenson
Oakview Rd
Ray Hubbard
Rayford L. Jackson
James I. Royals
A. C. Craver Jr
John R.bullock
Edwin R. Lyon, Jr
Robert T. Thacker
R. Delbert Kirkman
W. O. White
Wilbur M. Currie
Bob L. Parrish
M. Edgar Watson
William R. Albertson
D. Branley Hucks
G. E
Pete) Schultheiss
George P. Clark
Robert A. McCuiston Jr
Robert Ben Sutton
G. Reid Marsh
John Leslie Andrews
Marsh
National Health Insurance Award
The
Durham
Winston-Salem
Associated Press
NASD
Aerotron Our A
Atlanta
Ges
Bi West
Brench Bank of
H.C
Cermine Foods
CMC Finance
Casualty Vis A
Caroline Caribbean
Cline Pwr & Lt
Conner Homes
Cameron Brown
Cameron Brown Com
Equitable Leasing Family Dollar Farmers New World Ins Fidelity Corp
First Mortgage Ins ‘First Union Net Bancorp
Franklin Life 'Garfinckel
Brooks Bros International
Manan, Miter Ardees Sys Com
McRae Ind
Methode Electronics
National Dev Corp
National Old Line
Nationwide Homes 4A
Quality Mills
Roses Storesuddick Common
Ruddick Ao
Triangle
Vermont American Hha
Welker, B
Lt. Gov
Lane
Jefferson Standard
Gib
Gilbert H. Clinard
Telephone
Reproductions, Inc
E. Westwood
American Protective Systems
W. C
C.S.A
Hayden Place
Mary Humphreys
West High ST
Norelco
N. Main St
Europe
London
Paris
Amsterdam
Lufthansa
Broadway
City
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