Inflation and slowdowns amid rising prices in 1960s economy
Inflation barrels along with signs of slowdown as September prices rose at an annual 6 percent, while third quarter indicators show restraint. Durable goods orders jumped 5.9 percent to 32.2 billion, suggesting underlying strength amid inflationary pressures. Chrysler profits plunged 87 percent in Q3 to 8.8 million, while GM posted 79 cents per share on 230 million dollars, with U.S. auto sales slipping in mid-October.
MENTIONED IN THIS ARTICLE
Jack Lefler
NEW York (Ap
Nixon
Frice
Labor Department
White House
Ronald Siegler
Nimm
Commerce Department
Murray Weidenbaum
the Treasury
Paul McCracken
President's Council of Economic Advisers
It Takes 21 Days for a Chick to Hatch An Egg
The piece argues skill development requires time and effort, citing Knudsen and Churchill on training, and warns against instant job rights for unqualified workers. It notes blacks face barriers in skilled trades, and highlights progress showing Blacks gaining income and college attendance through personal effort, not legislation.
MENTIONED IN THIS ARTICLE
Winston Churchill
Lee
Congress
Stock Quotes Run Stocks No Press
A terse stock note lists quotes and market moves with no accompanying press commentary. Investors scan price changes and ticker movements for guidance amid a quiet trading session.
Patterson elected vice president of national radio systems group
F L Patterson, president of Anserphone, was elected vice president of the National Association of Radio telephone Systems at a Washington convention. He operates telephone answering services and mobile radio systems in Raleigh, Durham and High Point and has served on the board for seven years and as vice president for one year.
MENTIONED IN THIS ARTICLE
F. L. Patterson
Anserphone
National Association of Radioelephone Systems
Washington
D. C
Patterson
Raleigh
Durham
High Point
Owens Named Sales Manager At Powell Kistler Firm
Owens, a High Point native, joins Powell Kistler and Company as sales manager after nine years with Sturgis May and Company and five years with High Point Bank. He is a High Point College graduate residing at 1410 Sweetbriar Court. Arwood Corp reports nine months ended Sept 30 sales of 23.91 million, up from 23.51 million, but net income fell to 457,328 or 38 cents a share from 1,133,039 or 96 cents. Third quarter results show 52,954 in net income on 7,461,931 in sales, versus 322,785 or 28 cents on 7,974,962 in 1968 Q3.
MENTIONED IN THIS ARTICLE
Henredon Furniture Industries, Inc
Powell, Kistler and Company
Owens
High Point As
Billie Stroud
Sturgis, May. and Company
High Point Bank and Trust Co
High Point College
Sweetbriar Court
Arwood Corporation
Atwood
Merger Slated Between DeSota and MPI Industries
Stockholders of DeSota Inc and MPI Industries approved the merger of MPI into DeSota. Subject to a favorable tax ruling, the merger is expected to take effect on November 3, 1969.
MENTIONED IN THIS ARTICLE
DeSota, Inc
MPT Industries, Inc
MPI
DeSota
AIIE Regional Conference Set in Winston-Salem
The Winston-Salem chapter of the America Institute of Industrial Engineers will sponsor the AIIE Regional annual conference at the Hilton Tin on Nov 12 13 and 14. AWE Region IM includes NC SC VA WV and part of Tennessee with 1079 members. This is the 20th annual conference for the local AME chapter. Central North Carolina ASQC assists in sponsorship with lectures on Work Measurement and Management Information Systems and Numerical Control and Quality Control. Plans include two luncheons a banquet plant tours and a two day ladies program.
MENTIONED IN THIS ARTICLE
Aerotron
Alda Waldensian
American
American Land
American Mortgage
Atlanta Gas Light
Barber Greene Bassett Furniture
Brigadier Ind. Corp
ELS
Brush
Buckbee-Mears
CAC. Finance
Caroling Casualty Ins
Caroline Caribbean
Carolina Freight Carriers
Caroling Pwralt
Caroling Steel Carolina Wholesale Fie
Central Carolina Bank, Central
Charlotte Motor Speedway Pt
Chatham Ids
Colonial Stores
Pida Craddock
Terry
Durham Life A Eckerd Drugs Equitable Leasing
Wa Farmers New
Federal
Go Fidelity Corp
First Union Natl, Bancorp
Franklin Lfe
Garfinckel Brooks Bros
Georgia International
Guardian Care
Gwaliney
Henredon Hickory Furniture
Integon Corp
Iveys
Doselyn Mfg
Kaiser Steel
Kewaunee Scientic
Knape
Washington Mills
Wiz Corporation
Wellington Hall
Winston-Salem
America Institute of Industrial Engineers
AIIE
Hilton Tin
AWE
North Carolina
South Carolina
Virginia
West Virginia
Tennessee
AITE
AME
Central North Carolina
American Society For Quality Control
ASQC
Wallice George D Barlett Wins Salt Lake City Trip
George D Barlett owner of Belle Maison's Wig Pagoda and district manager for Tress-Chic Fashion Wig Guilford County won a free trip to Salt Lake City for achieving the largest percent increase over quota in the Southeastern region.
MENTIONED IN THIS ARTICLE
George D. Barlett
Belle” Maison’s
Guilford County
Salt Lake City
Mr. Bartlett
Also Mentioned on This Page
Morgan Guaranty Trust Co
New York
Pentagon
American Bankers Association
Chrysler Corp
Chrysler
General Motors Corp
Ernest Cunec
T North American Newspaper Alliance
France
United States
William S. Knudsen
National Defense
Franklin D. Roosevelt
Knudsen
Ardannes Forest
General Motors
Hitler
Hornblower & Weeks
Hemphill Noyes
New York Stock Exchange
Friendly Ave
Greensboro
Geo. G. Jones
Charles E. Diffendal
Talaphone
Reproductions, Inc
Westweed
AG Ec Mvcn
FORD
Wood
Fleet Mail
Ewglist Motor GO Lease
N. Main ST
Old Winston RD
Beh
Robert McCuiston
C.L.A
High Point Bank
Intecon
On Trust Company A Subsidiary
David
W. Adams Business & Personnal
NCNB
Prudentialsurance
America
Lane
Computer Service
Standard Offices
Professional Life Insurance Service
Geo. P. Clark
Lyon
Hayden Place
Cheyway
Chevrolet
X Minas Business Insuran
Ca Out Group Insurance Pension Plans
Tey Ae Eet
Eeeney Tame
Yedodge Ychrysler Sxford
Plymouth
Jim Bratford
Mgr
Wm.h- Bell
Piedmont Triad
Horace G.ilderton
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