Retirement benefit plans spread to small industries
A wave of retirement plan adoption reaches small and medium firms. Amazon Cotton Mills in Thomasville announced a participating plan with payroll deductions, 65 as retirement age, and company contributions. Effective Dec 29 subject to IRS approval. Four new members joined the High Point Administrative Management Society, and various executives earned certificates and new posts in North Carolina businesses.
MENTIONED IN THIS ARTICLE
Amazon Cotton Mills
Thomasville
Amazon
Internal Revenue Service
High Point
The
Administrative Management Society
Billy J. Dill
Borden Co
F. B. Goodson
Monroe International
Joy Watson
Snelling & Snelling
Clinton Cooper Jr
Diamond Mils
D. C
North Carolina
Virginia
South Carolina
Georgia
Stock Mart Index Edges Down From Record High
The North Carolina National Bank Stock Index eased 2.4 points from its all time high last week but stayed near that level, signaling continued confidence in the Carolinas economy. It closed Friday at 329.5 as major indexes retreated.
MENTIONED IN THIS ARTICLE
North Carolina National Bank
Carolinas
Securities Quotes From North Carolina Market Report
The National Association of Securities Dealers compiles bid and asked prices in North Carolina with data time stamped Oct. 15. Origin of quotation to be provided on request.
MENTIONED IN THIS ARTICLE
Associated Press
North Carolina
National Association of Securities Dealers
Steel Price Increase Rumors Grow Amid Strikes
News reports indicate talks of a steel price rise as Armco President Logan T. Johnson cites thin profit margins on plate, sheet, and bar products. The UAW strike against American Motors Corp. halts 26,000 workers, while the GM walkout enters its fourth week affecting other industries.
MENTIONED IN THIS ARTICLE
New York
Ior
General Motors
United Auto Workers
American Motors Corp
American Motors
Logan T. Johnson
Armco Steel Corp
Armco
U.S. Steel Corp
Bethlehem Steel Corp
Inland Steel Co
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Robey
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Drexel
Chicago
Drexel Eaths
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Wyeth Laboratories, Philadel
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Ms F Graphic Arts American Commit Agency
McLean Industries
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American Fidelity Lite Ma
Wat'l
Dev. Corp
American Land
I Inc
National Life & Accid
American Sterilizer
Life Atlanta Gas Light
Nationwide
Barber Greene Een Billups Western Petro
American Life Free Blue Bell, Inc
N.C. Natural Gesenborns
Wor
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Textile Corp
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PAN Railway
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Pic
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Central
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Card
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Fieldcrest Mills, Inc
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Textiles, Inc
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Tidewater Natural Gas General Shale
Towmotor Corp
Ihoe
J. P
Pete” Boyles
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N. Main
Joe Honeycutt
Royal Protector
Occidental Aitrurance Company
Wickeliff Ave
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Tom Whitt
E. C. Lane
N. Main St
John Diffendal
U Piedmont Insurance
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Edgar T. Docbrow
Group Insurance
Pilot Lye Insurance CO
First Union Nat'l. Bank
J. Sturgis May & CO
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North Main Street
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America
U. S. Civil Service
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